September 13, 2012
Franon Wilson
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PM’s homes plan forgot ‘front door’
A PROMINENT developer yesterday warned that first-time Bahamian homeowners must be able to access “the front door” if the Prime Minister’s ambition of sparking a construction boom is to be realised.
BREA chief slams 'three-year bar' on new members
The Bahamas Real Estate Association’s (BREA) president yesterday shot down suggestions by one of his predecessors that a ‘three-year moratorium’ on new realtor licenses be imposed, branding it as “not in the best interests of the Bahamas”.
BREA CHIEF: DEMAND FOR HOME OWNERSHIP STRONGER THAN EVER
THERE is “absolutely no question” that affordable housing is a challenge on New Providence according to Bahamas Real Estate Association (BREA) and Arawak Homes President Franon Wilson, who told this newspaper the demand for home ownership was “stronger than ever”.
Arawak Homes unveils 12-year low prices
ARAWAK Homes is set to launch its newest line in home models by month’s end, its president telling Tribune Business that proper land planning had allowed it to offer properties at price points representing a 12-year low.
New expansion to boost 5-10% MLS growth rate
The Bahamas Real Estate Association (BREA) yesterday said it was “over the moon” with the latest global expansion for its Multiple Listing Service (MLS), adding that this would increase the latter’s current 5-10 per cent membership growth rate.
BREA chief supports private inspectors to end permit 'log jam'
The Bahamas Real Estate Association’s (BREA) president yesterday backed government plans to involve the private sector in building inspections, arguing that it would relieve development “log jams” and create new revenue streams for licensed professionals such as architects and engineers.
BREA chief stands by 'pretty harsh' verdict over Canada warning
The Bahamas Real Estate Association’s (BREA) president is standing by his assessment that the Canadian government’s property deals warning was “pretty harsh”, despite being told that the advisory was a year in the making.
Course entrants equal to 6% of BREA members
Numbers equivalent to more than 6 per cent of the Bahamas Real Estate Association’s (BREA) total membership have registered for its licensing course since the organisation dropped the rule that barred part-time realtors from operating in New Providence, Tribune Business was told yesterday.
Stamp Duty exemption renewal ‘really huge’
Extending the first-time buyer Stamp Duty exemption beyond its current June 30, 2013 expiration date would be “absolutely huge”, the Bahamas Real Estate Association’s (BREA) president telling Tribune Business these purchasers accounted for “90 per cent-plus” of his company’s business.
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