Bovell REMAX Cayman Islands

Insights & Expertise

November 23, 2011

Market Report – September 2011

Statistics round up Sales volumes for 2011 continue to improve on the same period (year to 30th September) last year. 110 residential properties sold this year to 30th September, up from a figure of 79 from last year. Likewise, sales of condominiums increased, from 206

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October 31, 2011

RE/MAX COMES OUT ON TOP

J.D. Power and Associates 2011 Home Buyer and Seller StudySM recognised RE/MAX as the company with the best customer service for both homebuyers and sellers.

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October 11, 2011

Market Update April 2011

Activity in Cayman is Improving Although there is still a large amount of inventory available for purchase in specific areas (namely two and three bedroom inland town houses), there are very few new developments coming on line to compete with existing inventory. Aside from the

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August 19, 2011

Market Update August 2011

The month of June saw healthy increases in transaction volume over the previous month and also the previous year-to-date. Transaction volume was up 139% on the month and up 25.8% on the year, while the average price of properties that sold was US$411,165, which is up by 39% on the month.

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August 19, 2011

Market Update July 2011

One area of the real estate market that has been exasperated by the governments seven year term limit policy (commonly known as the rollover) has been the price range under US$500,000.

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August 19, 2011

Market Update June 2011

May 2011 saw a good deal more activity for RE/MAX as a whole than May 2010, with volume of transactions up 25%, a reflection of the market as a whole as the Cayman Islands Real Estate and Brokers Association (CIREBA) also had a better month.

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August 19, 2011

Relocating to Cayman

The Cayman Islands is a choice destination for executives to reside, for the same reasons that investors choose to purchase property in the Islands.

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