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David Morley

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‘Keep faucet open’ govt urged as real estate triples

The Government was yesterday urged to “keep the faucet open”, and not tinker with real estate taxes and regulation in the upcoming Budget, as contracted property sales more than tripled year-over-year.

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'Changing' property market on up to 300% listings jump

A 200-300 percent increase in new listings is driving Bahamian real estate's "transition" away from a sellers' market by outstripping buyer demand, a prominent realtor is asserting.

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Realtors say ‘no such thing as ease of doing business’

PROMINENT realtors say “there’s no such thing as ease of doing business in The Bahamas” with the time required to close property deals having increased four to six-fold.

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‘It’s time to settle’ 11-year Gov’t compensation wait

A prominent realtor last night asserted “it’s about time for them to settle” after his family’s more than 11-year wait for compensation survived the Government’s bid to slash the payout by over $120,000.

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Realtor: Nearer 10% of tax increases ‘fair’

A Bahamian realtor yesterday revealed that evaluations he conducted for his commercial property clients showed that closer to 10 percent of their real property tax bills are “fair and reasonable”.

Realtor: Subdivision checks not assured

A former Bahamas Real Estate Association (BREA) president yesterday said not all attorneys ask for proof of subdivision approval before giving title opinions on property purchases.

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