Coldwell Banker named Top Real Estate Franchise for the 9th year in a row! Consider investing in Bahamas Real Estate.

Franchise Times has named Coldwell Banker as the Top Real Estate Company for the 9th year in a row.

"Century 21, which two years ago was 16th, fell nine spots to No. 31 this year. Worldwide sales fell by nearly $1 billion at No. 12 Coldwell Banker, which still held onto its spot. Both Keller Williams (No. 41) and ERA (83) saw revenue declines, too.

Overall, however, the Franchise Times 200 managed to keep pace with the economy. Worldwide sales for the group grew nearly 4.8 percent, exceeding the 4.2-percent growth in U.S. retail sales.

Yet a bigger percentage of those sales are coming from outside the U.S., continuing a recent trend. While the total number of units in the 200 actually fell last year, the number of domestic units fell much faster, by 1.4 percent, while the number of international units remained steady."

Although there has been a slow down in the local real estate market, prices of units sold are holding steady.

Are you being affected by the roller coaster ride on Wall Street? Maybe you should consider investing in real estate in The Bahamas, where land is very limited, and demand remains high. Certainly it will be a safer investment that stocks and bonds.

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JetBlue Announces New Nassau Service

"JetBlue Airways has unveiled plans to expand its footprint in the Caribbean with new daily nonstop service from Orlando International Airport to Nassau and twice daily service from Fort Lauderdale Hollywood International Airport to Nassau.

All flights will begin on February 1, 2009, pending receipt of government operating authority."

This is a recent headline in The Nassau Guardian news paper, and it is good news for travelers to not only Nassau, but to all of The Bahamas.

Following several cutbacks in flights from South Florida by American Airlines and Delta, among others, the increase in flights from Florida by Jet Blue allows persons an easy way to get to The Bahamas from anywhere in the U.S. or North America. Connecting flights to Eleuthera are available through many regional carriers at the Nassau International Airport.

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Real Estate Practice in Eleuthera ~ beware of who you are dealing with

Recently in Eleuthera there have been some reports of real estate agents practicing without legal broker status.

I urge all persons who are actively seeking property in Eleuthera to ensure that the person that they are working with is licensed to practice real estate in The Bahamas, and that they are working under the umbrella of a legal broker.

One case involves a 'broker' from Freeport who is not licensed to practice outside of Freeport. They have even gone as far as to place signs on the island, and advertising listings.

Your confidence can be assured with Coldwell Banker Lightbourn Realty. All of our agents are licensed and fully legal. Know who you are dealing with, and do not get pulled into a deal with someone with whom you arer uncertain of their status. A good way to double check is to go to www.bahamasrealestateassociation.com and contact the administrator to ask about your sales agent.



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A visitor's vacation experience

This is a good example of a visitor's experience while visiting Eleuthera. Thanks to the author for sharing his views of our Eleuthera.

http://www.nbptravel.com/Bahamas.html

I think that it's a good example of a visitor's experience while visiting Eleuthera. Thanks to the author for sharing his views of our Eleuthera.

This is good to read if you are considering a trip to The Bahamas, or Eleuthera.


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This house is offered for $195,000.00 and is located in Eleuthera Island Shores, near Gregory Town, Eleuthera, The Bahamas.

3 bedrooms, 2 bathrooms, sitting room, living room, kitchen, dining room, storage room, wooden deck outside, hurricane shutters.

I invite you to contact me for more information on this listing.

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Acreage north of Tarpum Bay, Eleuthera

Click the link above to go to the listing. Acreage near Tarpum Bay is hard to find on the market. This property is available at a great price, and is a wonderful opportunity to own property in this tranquil part of Eleuthera.

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Library in Tarpum Bay

The library in Tarpum Bay is coming along well. Here is a link to view their site:

http://www.tarpumbaylibrary.com/


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Roadworks Traffic Diversion in Palmetto Point

Click the title link to view the Public Notice regarding the traffic diversions in Palmetto Point.


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New Rainbow Bay Listing

This is a brand new listing in Rainbow Bay, Eleuthera. A wonderful lot at a great price. Click HERE to go to the main listing on our website.


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Bahamas Builders Show

The Bahamas Builder's Show will take place on the 26th, 27th, and 28th of October at the Crystal Palace hotel and convention center in Nassau.

If you are thinking about building, it'll be worth the trip to visit.

Recent improvements on infrastructure

Work has officially begun on the Glass Window Bridge, there were guys jack-hammering away at the edge of the bridge today, improvements to come that are well welcome. There really ought to be a bright hazard sign labeling the bridge, but the improvements will hopefully rectify the situation.

Cable Bahamas recently completed upgrades to their underground cabling in the immediate vicinity of the bridge, in preparation for the planned improvements and increased demand. Their service has been excellent in the 3 months that I have been using cable.

B.E.C. (Bahamas Electricity Corporation) has been making consistent upgrades to their lines and distribution capacity over the last several months. Unscheduled power cuts have been very few.



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This is the view towards the Glass Window Bridge from a lot that is about to come on the market in Whale Point.

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Today is Wednesday, and having discussed the economic situation with several of my peers today, there is nobody that can disagree with the fact that it is slow on all fronts of business at this time. Generally this is to be expected at this time of year regardless of the situation with the global economy and especially our neighbors to the North, the U.S. and Canada. Therefore it is difficult to say whether current markets are having a direct effect on our market at the moment.

The upside of the situation in the U.S. for us here in Eleuthera is that we are seeing the prices of property begin to deflate somewhat, not drastically by far. This bodes well in the sense that Eleuthera has been a favored real estate investment destination for the past several years both for Bahamians and foreign investors, and there are no signs of that changing in the foreseeable future, and the buyers for the most-part are continuously active, they are buying at good prices.

Now, the point that I would like to highlight is the fact that the properties on the market that were properly priced before this "financial disaster"in the U.S. are still priced right. The properties that were overpriced beforehand, are finally seeing the light that is shining on a sign with the letters SOLD on it, and in order to get there, there hands are being forced and the prices are "coming back down to earth". This is good for both buyer and seller in the sense that more buyers will look at a property than previously was overpriced and is now at a relative market value than before, and this increases the chances of securing a sale. Are you ready to compete to get you property sold?

All in all, there are some great opportunities for investment in Eleuthera, and I invite you to learn more by contacting me to schedule an appointment to explore the ways that Eleuthera can become your Island of Freedom too!


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Halloween may be bleak in some areas, but we have not arrived at this point in Eleuthera, so far the market is remaining fairly stable.


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The weather in Gregory Town has been no less than gorgeous today, this is a wonderful time to be here. This picture was taken in March, but I could probably get an identical one today. This picture is a resort listing, 24 rooms beautifully appointed, clubhouse, restaurant and bar. For further information Click HERE.


We have many beautiful properties coming on the market in the next month or two, and now is a
great time to begin looking before the rush of the tourist season in November. If you are a diver or you enjoy fishing, the water is very co-operative at this time of year, and there are rental homes available at reasonable rates in an effort to make through the end of the off-season.

It seems as if one or two of the 'major' projects that are taking shape on the island are preparing to place themselves in a position to begin infrastructure and vertical development in the coming months. Now is a great time to buy real estate too, as we are starting to see the prices come 'down to earth' so to speak.


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This is the beginning of my blog. From this point forward I will attempt to discuss and encourage interest in Real Estate on the island of Eleuthera, one of the islands in The Bahamas.