Buyers, Get Ready for Grand Bahama
James Sarles, owner and broker of Coldwell Banker in Grand Bahama, wrote an article in the Freeport News today on real estate buying. We quote in part, and suggest you read the entire article at The Freeport News.
“As we all know, to a certain extent the Bahamas real estate market has always been affected by the U.S. market. U.S. President Obama is about to push through an economic stimulus plan worth close to a trillion dollars, which everyone hopes will put the U.S. back on track as the U.S. economy is entering its sharpest downturn since before World War II, according to many economists.
“This is very important to the Bahamian market because a strong U.S. economy is vital to our tourism economy and the health of our market in general, especially the real estate market. So it appears that hope is on the way, which means that if you have been thinking about buying real estate this is a GREAT time as the market is reaching the bottom because the next cycle will mean increased prices. Don’t be a “woulda coulda shoulda” investor and make your move now…” Read how to use the market in The Freeport News.