Novocancun - Affects from the 1st qrtr US slowdown

Novo Cancun is a marina and golf resort development of high quality Mexico condos and homes. This video is the second (out of 6) of an interview with Raul Mora. The interview is being conducted by Thomas Lloyd of TOPMexicoRealEstate.com. In Part 1 Lloyd and Mora discuss some of the general features of the development and the advantages it presents for Cancun condo buyers. Here in Part 2, Mora explains what effect the development saw during the first quarter of 2008, when the housing market and economic slow down (which eventually became the 2009 recession) began.   In Part 3, the interview continues with discussion of the project delivery dates.   TOPMexicoRealEstate.com; Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely