Bovell REMAX Cayman Islands

Insights & Expertise

May 3, 2011

A Sound Solution

Its no secret that ripples created by the worldwide financial crisis are gently lapping on the shores of the Cayman Islands, affecting the price of real estate here perhaps not to the same extent as in parts of the United States but the impact is nevertheless undeniable. Yet, interestingly, a slow market, for some people, holds the key to the treasure chest of future financial security.

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April 19, 2011

Seeking Solutions

Being a real estate agent in this part of the world frequently takes on interesting dimensions. One of my more satisfying tasks recently was to help a young family relocate to Cayman.

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April 5, 2011

Cayman Real Estate

After being dealt the hammer blow of a Category Five hurricane in September 2004, the real estate market in the Cayman Islands has enjoyed a full recovery.

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March 29, 2011

NOW Is the Time to Purchase

I have been a part of the Cayman Islands real estate industry since 1991. Born in the Caribbean and raised in both the UK and the Cayman Islands, I have a great understanding of the intricacies of the Islands' real estate industry. I provide my clients and customers with peace of mind by ensuring a personal, private and professional service.

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March 22, 2011

Low volatility in Cayman Islands Real Estate Market

Over the last 25 years the Cayman Islands market has been one of consistency. It has had its ups and downs, but its volatility had been predominately on individual properties versus the whole market. Foreign investors and purchasers of vacation homes are generally looking for longer term investments on one of the three islands.

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March 15, 2011

Timing Is Everything

When opportunity knockstime is of the essence and timing is everything, all these phrases epitomise the current timing of the real estate market in the Cayman Islands.

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March 1, 2011

A Snapshot of the United States Economic Crisis

When we look back to 1930 and the period known as ldquoThe Great Depressionrdquo more than 1000 banks closed While we are in the midst of economic uncertainty only 14 US banks have been taken over in 2008 The current situation globally creates a time of ldquoopportunityrdquo for investors and at the same time is not an opportune time for sellers There are approximately 76 million households in the US that own their home 24 million of these homes are owned free and clear 52 million homes in the US are with mortgages - 972 of these are not in foreclosure and 938 of these homes are current on their payments However on a more sobering note over 20 of homeowners with a mortgage owe more than their home is worth and 40 of all foreclosures are non-owner occupied

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