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Bahamian Real Estate Market Rebounds

Bahamas based H.G. Christie, a full service real estate company and the exclusive affiliate of Christie’s Great Estates, says multiple offers and missed purchases due to hesitancy are once again being witnessed in the Bahamian Real Estate market. “While we are by no means where we were in say ’07, our real estate markets are alive and getting healthier every day” says John Christie, Director/VP/Broker.

John shares that, “While 2009 was ushered in with a collective state of shock over the world’s financial position, 2010 has the potential to yield significant gains and notable movement in the real estate market; much of this improvement being attributed to price reductions in sales prices with an average of 20 – 25% off the original asking price equating to real terms of 10 – 15% in actual sales prices. This factored with stabilised markets has many international buyers looking for real estate in The Bahamas.”

For additional information visit ?subject=HG Christie: REALlife: Industry News

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