WHAT'S GOIN ON IN MEXICO?

We reported a couple of weeks ago that The Cherry Group was named by CitiGroup to be it's exclusive referral Realtor for its high equity clients (members of CitGold) from South and Central America and Mexico. Spanish is Sylvia Cherry's first language. And Gary Hecht founded Young & Rubicam's famous Spanish Ad agency, The Bravo Group. Their understanding of Spanish markets and cultural differentials are second to none. We now have a half dozen all cash buyers looking for homes/investments from $1 to $10 million. As bags of pesos are turning into US dollars from high equity clients coming here to Miami-Dade, we find it ironic that droves of illegal Mexicans are going back home. The media has reported that not only are illegals returning home because of a soft US economy, action at our unprotected borders has slowed with those attempting to enter. It seems the economy and way of life in Mexico are better than Russia and India. More jobs for labor, less expensive housing and better schools are available in Mexico than in the US. Who would have thought a tanked economy here would become a partial solution to our illegal immigration problem.