Received an update on Cayman real estate from Kim Lund, co-owner of the largest real estate sales company on Grand Cayman. He has seen a small slowdown so far and mostly from the lower end of the market. This confirms that we heard on the island a couple of weeks ago.
Construction continues full speed ahead -- including the expansion of the Grand Caymanian Resort, where we have bought a unit.
Click on the link which is embedded in the title of this posting for the full report from Kim.
Enjoy and see you on Grand Cayman!!
Jeff
Monday, November 17, 2008
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