

Why this Real Estate Market is Exploding South of the Border | Blake Harrington E392
Aug 30, 2025
Blake Harrington, owner of Corcoran Baja Real Estate and luxury home expert in Cabo San Lucas, shares insights on why Cabo's real estate market is booming. He discusses the allure of the region’s lifestyle, accessibility, and luxury developments attracting affluent buyers. The conversation covers the unique community dynamics, the challenges of an all-cash market, and the evolving buyer demographics. Blake also highlights exciting new luxury projects and shares personal anecdotes that illustrate Cabo's charm and appeal for high-net-worth individuals.
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Proximity Drives Luxury Demand
- Cabo's short flight times to major US cities drive luxury demand and repeat visits.
- Blake says two-hour connectivity is a major reason high-net-worth buyers prefer Cabo over farther destinations.
Lifestyle Over Location
- Cabo has shifted into a luxury-branded market with ultra-high amenity developments.
- Blake notes buyers pay for a lifestyle package more than just ocean views or raw land.
Plan For Cash Purchases
- Expect to pay cash because institutional mortgage options are minimal in Mexico.
- Blake recommends planning purchases without relying on US-style bank financing.