Bahmas Real Estate Today, Tropical Storm fay and the 2008 Olympics!

How is real estate doing in The Bahamas? We are part of the global economy so ... At this point, we are still "priced to sell". If you bought your home awhile ago, even allowing for inflation, you have seen significant appreciation. If you bought at the top of the market two years ago, you may have to wait before you sell. Historically, real estate in The Bahamas has withstood most pressures. We have a unique environment, so easy to get to (see www.FlytoAbaco.com), the dollar at par with the US, English spoken and a colourful atmosphere that is just different enough to be exciting. If you are ready to buy Bahamas real estate now, I believe there are some deals to be made.

Storm-wise, we have dodged the bullet called Tropical Storm Fay and just received some much needed rain. With our super connectivity capabilities on Abaco, we are so fortunate to be able to receive all the latest weather updates plus supply and provision ourselves so well.

The Bahamas at the 2008 Olympics? I think we need to to more than just show up. A much more sophisticated and holistic training program is needed here. Maybe Vancouver 2012 will be our year!