The Rich Somers Report 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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Listing Example Of Extreme Pricing
- Blake lists a 2,600 sq ft oceanfront three-bedroom condo priced at $5.9M as the least expensive in that development.
- He uses the listing to demonstrate how luxury projects push per-foot prices very high.
Clubs Repositioned For Families
- Developers reposition classic golf clubs into family-focused private clubs to match buyer demographics.
- Blake notes amenities like kids clubs, multiple restaurants, and beach clubs sell the lifestyle.
Build Amenities To Eliminate Distance Pain
- Diamante's strategy builds everything on-property (golf, lagoon, restaurants) to reduce perceived travel friction.
- Blake credits their lagoon and golf set for strong real estate demand despite distance from downtown.