Going back to Grand Cayman

I'm preparing for my next trip to Grand Cayman -- I get to go back on October 30th for 3 days.

I hope to be shooting some new video and getting an update on how real estate is selling. I'm hearing that the high end real estate is doing EXTREMELY well. Even though the economy is going into the toilet, lots of money is flowing from the US to upper end real estate. I guess people don't think they will lose 40% on Grand Cayman -- while investors in the stock market are down 40% since the highs.

BUT, the lower end of the market is very slow. I'm hearing of some US owners who are dumping property because they can't afford their Cayman property and their US property payments. I heard of one Condo that a couple bought for $199K 10 years ago that has a "market value" of about $400K that can be had for $250K. The owners just want out.

Great opportunity for those with cash.

If there is anything you want me to check out while I'm there -- drop me an email.