Thursday, December 8, 2011

Rocky Point

In English it is known as Rocky Point, a good translation for its real name, Punta Peñasco. Up at the top of the Sea of Cortés, it also has been called Arizona’s beach, and it is in trouble. Real estate prices reportedly have fallen by as much as 70 percent, the result of bad economic conditions north of the border. Owners are trying to sell what they own, builders have stopped building and as many as a dozen developers are being sued for not developing.


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Jimm Budd

Reporting From Mexico City

Member of the Society of American Travel Writers

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