IT IS THAT TIME OF YEAR!
It is the most beautiful time of the year, when we extend peace and goodwill to all men and express our sincere love for our family and friends wherever they may be.
There are just 31 days before we say goodbye to 2020 and welcome 2021. However, it is in the closing days that we reflect upon the year it has been, and cement our plans for 2021. Looking back over the past nine months, the existence of the majority of persons has almost been dismantled and is now in the process of Reset that will dictate the new normal where we have launched into different ways of living, learning and working.
However, while the world continues to grapple with the COVID 19 pandemic and all the uncertainties and anxieties, it has brought about excellent performances in the Stock Market and Real Estate Industry where they are operating at levels beyond pre COVID 19 levels. This is simply amazing. The property inventory in many parts of the USA is low as a result of demand, while Luxury properties continue to perform excellently. Mortgage rate continues to be low which is also an incentive.
The story is not the same in many Caribbean States. Here in St. Lucia, there is very little movement in the market and prices are in decline. There are lots of available opportunities for genuine bargains in the Residential, Commercial and Touristic markets. We have some great deals which are not advertised on our site but can be accessed by direct approach giving details of your preferred location, Minimum lot size, type of property, and available budget. This is the time to make your move.
With the prospect of several vaccines being released to the public in the coming weeks, the real estate market will be levelling out in the first half of the New Year, with steady improvement as we come to the end of the year 2021. Investors must get ready now.
It is very clear that investors create their own environment based on the trends that project the best yields. The stock market has had many anxious moments but some stability has now been established with the all clear given to the incoming Joe Biden administration by the General Services Administration (GSA). The change in the working conditions where a substantial part of the workforce is now working from home and children being home schooled has created a demand for more spacious homes where families can be more comfortable to work and play.
In the short term, it is very likely that the St. Lucia market will be energised by returning nationals and foreigners seeking vacation homes. We look forward to serving the needs of our clients to the best of our ability, ensuring a hassle free transition to investing in property in Saint Lucia.
This is the Season for giving and we are pleased to share with you a number of E-books on our website that we hope you will find helpful, and in the case of the 3 book series on articles by Ed Harris where his writings will take you back in time to how things were just a few years ago, and how they are today. That’s life. Enjoy!
We are quite aware of the environment in which we operate, and the general mood of the people, especially as we approach the holiday season. However, be assured that this too shall pass. We will overcome COVID 19. Let us look forward to a sober and God centered Christmas Season, and a Healthy and Prosperous New Year.
St. Lucia is the ‘World’s Leading Honeymoon Destination’. The virtual announcement of the highly coveted industry accolade was made on November 27 in Moscow, commemorating the observance of the 27th annual World Travel Awards. (SLTN).
May Yahweh’s blessings be showered upon all of us abundantly!
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