Hello again, everybody. We want to give you a live market update right now for the 3rd quarter of 2014. "How's the market?" Well, the market is, in fact, doing very well as we transition further to a Seller's market...and without a doubt has been the busiest summer I've had since 2008.
There is a general feeling of confidence that has come back to the market. The recession is now behind us and tourism is picking up very well. Most of the condo owners I have talked to are all booked up throughout this year and into next. The various private and public projects and developments continue to pick up steam including the airport, hotels, condos, commercial and even private houses.
There is a sense that the population is growing and since we live in a small place, that trickles down to everybody. I can definitely say it's been a busy summer.
If you have any particular questions about your property or how the market may affect you, I'd be glad to help.
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