Comments on: 3 trends in Central American real estate as developers and buyers respond to market conditions http://www.revealrealestate.com/blog/3-trends-in-central-american-real-estate Wed, 16 May 2012 07:24:54 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: New data: Real estate developers in Nicaragua cut their prices | Market insight and international real estate in Central America http://www.revealrealestate.com/blog/3-trends-in-central-american-real-estate#comment-2975 New data: Real estate developers in Nicaragua cut their prices | Market insight and international real estate in Central America Thu, 02 Jul 2009 18:06:56 +0000 http://www.revealrealestate.com/blog/?p=213#comment-2975 [...] if you’re a buyer looking at Nicaragua, you’re in the driving seat. The factors you’d expect from a buyer’s market are present: developers are offering incentives, charter programs, package deals, heavy discounts for cash [...] [...] if you’re a buyer looking at Nicaragua, you’re in the driving seat. The factors you’d expect from a buyer’s market are present: developers are offering incentives, charter programs, package deals, heavy discounts for cash [...]

]]> By: The state of the real estate market in Nicaragua 2009 | Market insight and international real estate in Central America http://www.revealrealestate.com/blog/3-trends-in-central-american-real-estate#comment-2974 The state of the real estate market in Nicaragua 2009 | Market insight and international real estate in Central America Sat, 27 Jun 2009 21:19:09 +0000 http://www.revealrealestate.com/blog/?p=213#comment-2974 [...] if you’re a buyer looking at Nicaragua, you’re in the driving seat.  The factors you’d expect from a buyer’s market are present: developers are offering incentives, charter programs, package deals, heavy discounts for cash [...] [...] if you’re a buyer looking at Nicaragua, you’re in the driving seat.  The factors you’d expect from a buyer’s market are present: developers are offering incentives, charter programs, package deals, heavy discounts for cash [...]

]]> By: Reveal Real Estate http://www.revealrealestate.com/blog/3-trends-in-central-american-real-estate#comment-2973 Reveal Real Estate Sat, 18 Apr 2009 18:58:32 +0000 http://www.revealrealestate.com/blog/?p=213#comment-2973 Yes, it really would be great to get hold of reliable 2006 data. We right in the middle of our Q2 2009 data collection and from what we are seeing so far many developers are holding their official asking prices quite firm against the Q4 2008 benchmark that we collected. We're not all the way through the analysis so I don't want to jump the gun on this point. But we were expecting to see asking price reductions across the board. Of course developers will likely accept offers below asking in the present market where little is moving. We should get initial conclusions from the data out in the next few weeks and look forward to more dialogue on this. When looking at future prospects for Panama City the key will be to maintain its status as a safe haven location for investors (a portfolio play out of US stocks for example). The second/vacation home market (or lifestyle market) alone, combined with the oversupply factor, will be too weak to sustain current prices. Would love to have more on-the ground perspective on this. So welcome additional thoughts. Yes, it really would be great to get hold of reliable 2006 data.

We right in the middle of our Q2 2009 data collection and from what we are seeing so far many developers are holding their official asking prices quite firm against the Q4 2008 benchmark that we collected. We’re not all the way through the analysis so I don’t want to jump the gun on this point. But we were expecting to see asking price reductions across the board. Of course developers will likely accept offers below asking in the present market where little is moving. We should get initial conclusions from the data out in the next few weeks and look forward to more dialogue on this. When looking at future prospects for Panama City the key will be to maintain its status as a safe haven location for investors (a portfolio play out of US stocks for example). The second/vacation home market (or lifestyle market) alone, combined with the oversupply factor, will be too weak to sustain current prices.

Would love to have more on-the ground perspective on this. So welcome additional thoughts.

]]> By: Kent Davis http://www.revealrealestate.com/blog/3-trends-in-central-american-real-estate#comment-2972 Kent Davis Fri, 17 Apr 2009 21:45:44 +0000 http://www.revealrealestate.com/blog/?p=213#comment-2972 Another interesting study may be a pre-boom pricing survey from, say, 2006 in Panama City. While the resale market is definitely driving down what the developer can expect for their remaining units, there has to be some sort of pricing floor. When was the last time that new construction was $1000 per square meter in El Cangrejo? Could oversupply drive it back below that level in 2009, or has the city come so far along with new infrastructure, new business, and new opportunities that it will never see that price point again. You guys seem to have a bigger crystal ball than I do...Thoughts? Another interesting study may be a pre-boom pricing survey from, say, 2006 in Panama City. While the resale market is definitely driving down what the developer can expect for their remaining units, there has to be some sort of pricing floor.

When was the last time that new construction was $1000 per square meter in El Cangrejo? Could oversupply drive it back below that level in 2009, or has the city come so far along with new infrastructure, new business, and new opportunities that it will never see that price point again.

You guys seem to have a bigger crystal ball than I do…Thoughts?

]]> By: Are real estate prices sticker in Central America? | Real estate investing in Panama, Costa Rica, Nicaragua and Belize http://www.revealrealestate.com/blog/3-trends-in-central-american-real-estate#comment-2971 Are real estate prices sticker in Central America? | Real estate investing in Panama, Costa Rica, Nicaragua and Belize Wed, 15 Apr 2009 01:08:17 +0000 http://www.revealrealestate.com/blog/?p=213#comment-2971 [...] not seeing the waves of foreclosures that have swept across the US.  There are of course motivated buyers who are lowering their prices, some of whom are having their hand forced by a debt burden in their home country that must be [...] [...] not seeing the waves of foreclosures that have swept across the US.  There are of course motivated buyers who are lowering their prices, some of whom are having their hand forced by a debt burden in their home country that must be [...]

]]> By: Carnival of Real Estate! — Arizona Real Estate Notebook http://www.revealrealestate.com/blog/3-trends-in-central-american-real-estate#comment-2970 Carnival of Real Estate! — Arizona Real Estate Notebook Sun, 05 Apr 2009 22:31:26 +0000 http://www.revealrealestate.com/blog/?p=213#comment-2970 [...] Gonella presents 3 trends in Central American real estate as developers and buyers respond to market conditions posted at Real estate data for Panama, Costa Rica, Nicaragua and [...] [...] Gonella presents 3 trends in Central American real estate as developers and buyers respond to market conditions posted at Real estate data for Panama, Costa Rica, Nicaragua and [...]

]]> By: Topics about Trends » 3 trends in Central American real estate as developers and buyers … http://www.revealrealestate.com/blog/3-trends-in-central-american-real-estate#comment-2969 Topics about Trends » 3 trends in Central American real estate as developers and buyers … Sat, 04 Apr 2009 23:48:21 +0000 http://www.revealrealestate.com/blog/?p=213#comment-2969 [...] revealrealestate placed an interesting blog post on 3 trends in Central American real estate as developers and buyers …Here’s a brief overviewTimes are certainly tough. But sometimes its the tough times that provide space for innovation and new ideas. Yes, some real estate projects in Central. [...] [...] revealrealestate placed an interesting blog post on 3 trends in Central American real estate as developers and buyers …Here’s a brief overviewTimes are certainly tough. But sometimes its the tough times that provide space for innovation and new ideas. Yes, some real estate projects in Central. [...]

]]> By: davewoolsey.com » Blog Archive » 3 trends in Central American real estate as developers and buyers … http://www.revealrealestate.com/blog/3-trends-in-central-american-real-estate#comment-2968 davewoolsey.com » Blog Archive » 3 trends in Central American real estate as developers and buyers … Sat, 04 Apr 2009 23:37:54 +0000 http://www.revealrealestate.com/blog/?p=213#comment-2968 [...] Read the original here:  3 trends in Central American real estate as developers and buyers … [...] [...] Read the original here:  3 trends in Central American real estate as developers and buyers … [...]

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