Coldwell Banker Collections - Issue 3 now available

Issue 3 entitled MAGIC REALTY is now available in downloadable PDF format. Introducing many of the newest listings available in the Cayman Islands. Click here to view and to read the somewhat serious but lighthearted view that seems to capture the essence of the market at the moment. 

Market Report Year End 2009 - Review

As you will see by the figures below, prices have continued to fall as predicted and the sunny patches predicted were provided in September largely by the local market.

GENERAL OUTLOOK

We saw an increase in sales activity in September (+18%) and then a corresponding drop in October (-16%) which indicates an additional market surge caused by the Government Stamp Duty discount and the CIREBA Purchasers Rebate which expired September 30th. It is difficult to say if these initiatives caused a net increase for Government Stamp Duty or the Realtors, but we suspect not. All the major indicators are down with the exception of the stock market. However, the owners who must sell are not nearly as numerous as in the US, and as a result, the market has been able to absorb these units. This has meant substantial discounting on units here and there, but no free fall of prices as has occurred in the USA. Read More.

Cayman Islands Real Estate Online is the web based marketing arm of Coldwell Banker Cayman Islands Realty associate James Butterworth.

Born and schooled in the UK, James has been in the Real Estate industry in the Cayman Islands for a number of years after a successful and diverse career in the UK and other parts of the world. An accountant by profession, he brings an analytical approach to the business of Real Estate, and will concentrate on high end commercial and residential sales and leasing.

With experience in Sales and Marketing and the Financial Service industry he offers a professional approach augmented by an extremely high level of personal service, local knowledge and a keen commitment to ensure total client satisfaction.

Through the Multi Listing Service provided by the Cayman Islands Real Estate Brokers Association (C.I.R.E.B.A.) James is able to research and access the entire inventory for sale throughout the three islands that comprise Cayman. The listings on this website are a small representation of what is available, should you not find what you are looking for immediately please contact James directly.