November 23, 2022
MATT SWEETING
Stories this photo appears in:
Central Bank mortgage ease may not have instant impact
A realtor yesterday hailed the Central Bank's bid to help more persons "accomplish the Bahamian dream" although he warned the impact may not be felt instantly.
‘Incredibly difficult’ for middle class to ever purchase home
Middle class Bahamians will find it “incredibly difficult to ever get a home”, developers and realtors warned yesterday, with financing and other hurdles constantly being raised that “little bit higher”.
'Unfulfilled dreams': Bahamians face five-year housing disparity
Housing demand by Bahamians will exceed the supply of new homes for at least "the next five years", a realtor warned yesterday, thereby threatening to leave multiple families with "unfulfilled dreams" of ownership.
‘No appetite’ for rent-to-own as programme in private sector
A Bahamian realtor said there is no appetite for the private sector to start its own rent-to-own programme and developers would need “considerable capital overlay” for it to be successful and profitable.
‘Good time to be a seller’, says realtor
A Bahamian realtor yesterday said it is a “good time to be seller” as the demand for properties valued under $500,000 has generated numerous inquiries from prospective purchasers.
FTX SPENT $300M ON PROPERTY BUYS: Court documents reveal valuation of real estate spree
A Bahamian realtor yesterday estimated that the collapsed FTX crypto currency exchange spent $250m and “probably more” on acquiring New Providence real estate, adding: “It was great while it lasted.”
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