Blog Posts

News

October Market Update

The development of new hotels, each targeting a different segment of overnight visitor, is fantastic news for the future growth of Caymans tourism sector. Cayman needs to focus on infrastructural development to handle increased demand.

News

September 2013 Market Update

Beach condo sales show healthy growth, especially in the high end luxury segment. New demographic of Cayman real estate buyers.

News

August 2013 Market Update

New immigration changes positive step for Caymans real estate market; New Kimpton boutique hotel to generate real estate growth

News

July 2013 Market Update

US market outlook The latest Housing Report produced by RE/MAX in the US makes for very encouraging reading. In May, both US home sales and home prices rose at double digit rates above levels seen in May last year with sales increasing by 11.6% and

News

Outgoing Cabinet loosens guidelines in beach resort zone

As published in the Caymanian Compass – WEDNESDAY 29 MAY, 2013 http://compasscayman.com/caycompass/2013/05/29/Outgoing-Cabinet-loosens-guidelines-in-beach-resort-zone/ Just before the 22 May general election, the outgoing Cabinet members made small, but significant changes to the Cayman Islands’ Development and Planning Regulations, enabling taller and denser apartment developments closer to the

News

US new home sales up 2.3 percent in April

As published in the Caymanian Compass l FRIDAY 24 MAY 2013 l WASHINGTON (AP) U.S. sales of new homes rose in April and nearly matched the fastest pace in five years, driving the median price to a record high. The gains suggest the housing recovery is strengthening.

News

Affordable homes unaccountable

As published in the Caymanian Compass l THURSDAY 9 MAY 2013 l Affordable homes unaccountable. By the time an auditor generals office review of the Cayman Islands governments Affordable Housing Initiative scheme was released to the general public in September 2012 buildings constructed by the programme were being torn down to make way for other projects

News

Home inspection firm formed

As published in the Caymanian Compass l WEDNESDAY 8 MAY 2013 l Utopia Home Inspections is a new company launched by Valentino Salvi.