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The real estate sector in Mexico in the day of the internet

By
Real Estate Broker/Owner

80% of homebuilders use a web page to start looking at houses and apartments for sale or rent. Digital platforms make these processes much easier than before, opening the pages of the newspaper to consult classified ads.

Today the specialized real estate portals are booming, Vivanucios, for example, is the leader in this sector in Mexico to be visited by more than 20 million Mexicans each month, according to data from comScore, the online audience measurement firm more worldwide recognized.

 

How do Mexicans look for real estate online?
Around the world there are 7.5 billion inhabitants and 47% have access to the internet: 81% of the population of developed countries and 40% of developing nations.

Mariano Balcarce, director of business development at Vivanuncios, explained that this site has a 12% reach of the entire population that uses the Internet in Mexico, which amounts to 65 million people.

"Every month we have 7.1 million unique visitors, but the most interesting of all is the incredible potential in this field. The concept of real estate just begins its penetration in Mexico with its five million monthly users looking for a home nationwide. They generate 50 million searches in that period, "he explains.

The statistics confirm that there is a large area of ​​opportunity, since while in Mexico, 5% of internet users search for a house or department online, 10% do so in Colombia; 12% in Argentina; 20% in Spain; 42% in Germany; 55% in the United States and 60% in the United Kingdom.

 

Do the searches for real estate for sale or rent dominate?
The 5 states with the most searches are Mexico City, State of Mexico, Jalisco, Puebla and Nuevo León.

In addition, Balcarce indicated that, of the 50 million online searches for properties nationwide, 60% are from homes or apartments for rent and 40% of properties for sale.

Those looking to rent vary between 25 and 34 years of age; while the potential buyers of housing go from 35 to 44 years old. Women lead the search for houses or apartments for sale (with 55%) and the percentage is equal between men and women who want to rent a home.

Kristal Wilson
KB Home - Fontana, CA
Cause We Like 'Em New ~ New Home Specialist!

Statistics show that women are a growing percentage of the buyer pool. We are definitely seeing that in the buyers at our new construction community in Chino Hills, CA.

Jun 07, 2018 03:17 PM
MichelleCherie Carr Crowe .Just Call. 408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

Thank you for sharing what's happening in this part of the market.

Jun 07, 2018 11:07 PM