May 25, 2023
Throughout most of Grand Cayman, Cayman Islands, you will see new developments popping up all over. From Seven Mile Beach to West Bay to South Sound and everywhere in between there are new developments offering everything from prestigious multi-million-dollar residences to gated, family friendly communities. I thought I’d focus this article on some of the […]
April 27, 2023
As you know I normally focus on issues directly related to the Cayman Islands real estate market, but I thought I’d take the opportunity to introduce a truly landmark listing that just hit the market 2 days ago: 53 Bird Island in the prestigious gated community of Vista del Mar. Located on almost half an […]
April 13, 2023
I don’t know about you but it’s hard to believe we are already a quarter of the way through 2023. I thought I’d take this opportunity to dive into a market overview for the first quarter of the year looking at solds, pendings and new listings as well as changes in the price per listing […]
March 30, 2023
As the central banks on a global basis continue to bring inflation under control by raising interest rates, I thought I’d take this opportunity to explore how interest rates and inflation are connected, where inflation and interest rates stand today, and how all of this is affecting the Cayman Islands real estate market. How are […]
March 16, 2023
One of the most frequent questions I am getting right now is “are real estate prices dropping”? I thought I’d take this opportunity to delve into this question further, provide some insight into the overall market, discuss the unprecedented year-over-year price increases we’ve been experiencing and analyze the increase on the number of reductions we […]
February 23, 2023
The Bovell Team is proud to announce that Claudia Subiotto has joined their team at RE/MAX Cayman Islands as a Sales Associate. Over 20 years living in the Cayman Islands, Claudia has had a vibrant career working for powerhouses in real estate, publishing, and pharmaceuticals, so joining the Bovell Team at RE/MAX Cayman Islands was a natural […]
February 9, 2023
I don’t know about you, but it feels like 2023 has started off with a bang! As soon as we all got back from the holidays it has been non-stop. Although I usually review Cayman Islands real estate statistics only a quarterly basis, I thought it was important to dive into the January numbers as […]
January 26, 2023
Although I’ve touched on this in past articles, given that our borders are fully open and that stayover visitors are returning in record numbers, I thought it would be beneficial to review real estate based paths to residency in the Cayman Islands. Since our borders closed in March of 2020 at the beginning of the […]
January 13, 2023
As we welcome in a new year, I thought I’d take this opportunity to provide a recap of the Cayman Islands real estate market for 2022 with respect to volume, transactions, inventory, and overall pricing as well as provide some insight as to where I believe our market will be heading into the new year. […]
December 20, 2022
As we close out 2022, I thought I’d look at where the Cayman Islands real estate market stands as of today, although I will do a comprehensive review once all the year-end numbers are in at the beginning of January. I also thought I explore some new developments that will affect the Cayman Islands in […]