The real estate sector in Tijuana has hit a "small slump" due to the uncertainty generated by U.S. President Donald Trump's statements about withdrawing immigration documentation from those living in Mexico and working there, said Fermín Kim King, president of the Baja California State Council of Real Estate Professionals.
He mentioned that the increase in border crossing times and the international economic situation have also contributed to this drop in rentals.
He said that fortunately, in the last month, rentals that had been halted are resuming. However, home sales remain at their normal levels compared to the previous year.
Alejandra Cital Ramírez, president of the Rosarito Real Estate Professionals Association, commented that in that municipality, they were also impacted by President Donald Trump's immigration restrictions.
However, U.S. citizens continue to show interest in permanently acquiring a family home because the cost is higher there.
He added that there has been a 10% to 15% increase in residents from the United States.