Comments on: “Tides Are Shifting” With Real Estate In Bermuda https://bernews.com/2015/07/tides-are-shifting-with-real-estate-in-bermuda/ Bermuda's #1 source for 24/7 breaking news, photos & videos Mon, 13 Apr 2026 16:29:08 +0000 hourly 1 http://wordpress.org/?v=3.7.5 By: aceboy https://bernews.com/2015/07/tides-are-shifting-with-real-estate-in-bermuda/#comment-2964805 Fri, 24 Jul 2015 17:31:11 +0000 http://bernews.com/?p=427818#comment-2964805 Your buddy Col. Burch thought all those for sale signs were a good idea when they started to go up. It made him “smile”. Remember?

]]> By: FYI https://bernews.com/2015/07/tides-are-shifting-with-real-estate-in-bermuda/#comment-2964463 Fri, 24 Jul 2015 11:47:42 +0000 http://bernews.com/?p=427818#comment-2964463 Yes, this is true if what you are selling is paid off or has minimal debt. It’s not helpful if you’ve lost all the equity into the home due the fall of the housing market. In some instances to sell now puts you at a loss.

]]> By: Be Realistic https://bernews.com/2015/07/tides-are-shifting-with-real-estate-in-bermuda/#comment-2963534 Thu, 23 Jul 2015 16:27:45 +0000 http://bernews.com/?p=427818#comment-2963534 Remember that if you are looking to sell, yes, prices are lower but the flip side is that whatever you wish to purchase also has a lower asking price….silver linings!

]]> By: Sickofantz https://bernews.com/2015/07/tides-are-shifting-with-real-estate-in-bermuda/#comment-2963517 Thu, 23 Jul 2015 16:08:24 +0000 http://bernews.com/?p=427818#comment-2963517 I reckon PRC’s and Expats because the market has expanded in terms of the numbers and range of properties they can buy.

Personally that false blip aside I can’t see how the property market can rebound with the economy still in the trouble it is and no hope of recovery.

]]> By: Triangle Drifter https://bernews.com/2015/07/tides-are-shifting-with-real-estate-in-bermuda/#comment-2963509 Thu, 23 Jul 2015 15:56:42 +0000 http://bernews.com/?p=427818#comment-2963509 Athough this is good news the visual I am getting is the stern of the Titanic hanging, seemingly about to stay afloat, before it plummeted to the depths with the forward part of the ship.

Vote PLP back in in 2017 & it will happen.

Gawd I hope I am wrong.

]]> By: David https://bernews.com/2015/07/tides-are-shifting-with-real-estate-in-bermuda/#comment-2963507 Thu, 23 Jul 2015 15:55:57 +0000 http://bernews.com/?p=427818#comment-2963507 Who is selling.. why does it matter

]]> By: Coffee https://bernews.com/2015/07/tides-are-shifting-with-real-estate-in-bermuda/#comment-2963455 Thu, 23 Jul 2015 15:10:42 +0000 http://bernews.com/?p=427818#comment-2963455 The positive is that there is tons of real estate for sale , the hidden positives are two or three-fold , many forclosures , many can’t afford anymore because of stagnant economy and thirdly , cannot raise/save for down payment . Let’s look on the bright side shall we ?

]]> By: watching https://bernews.com/2015/07/tides-are-shifting-with-real-estate-in-bermuda/#comment-2963429 Thu, 23 Jul 2015 14:42:44 +0000 http://bernews.com/?p=427818#comment-2963429 Anyone who purchased before 2011 is likely screwed because prices have depreciated by hundreds of thousands.

]]> By: Blueberry Bangbelly https://bernews.com/2015/07/tides-are-shifting-with-real-estate-in-bermuda/#comment-2963419 Thu, 23 Jul 2015 14:36:10 +0000 http://bernews.com/?p=427818#comment-2963419 Fixer uppers are on the market because sellers can’t afford to make them turn-key before listing. Condos are out-selling, because they are less expensive. Building lots are a great way for folks with money to make more money. Sorry, but this is pretty-much just spin…

]]> By: Coffee https://bernews.com/2015/07/tides-are-shifting-with-real-estate-in-bermuda/#comment-2963376 Thu, 23 Jul 2015 13:58:08 +0000 http://bernews.com/?p=427818#comment-2963376 Who is buying ?

]]> By: Average Bermudian https://bernews.com/2015/07/tides-are-shifting-with-real-estate-in-bermuda/#comment-2963358 Thu, 23 Jul 2015 13:47:53 +0000 http://bernews.com/?p=427818#comment-2963358 And the average Bermudian still can’t afford these prices.

]]> By: Starting Point https://bernews.com/2015/07/tides-are-shifting-with-real-estate-in-bermuda/#comment-2963355 Thu, 23 Jul 2015 13:45:50 +0000 http://bernews.com/?p=427818#comment-2963355 Shhhhh we don’t want to hear anything positive about the economy right now….

]]> By: Raymond Ray https://bernews.com/2015/07/tides-are-shifting-with-real-estate-in-bermuda/#comment-2963337 Thu, 23 Jul 2015 13:28:58 +0000 http://bernews.com/?p=427818#comment-2963337 Now that’s great news!

]]> By: Jeremy Deacon https://bernews.com/2015/07/tides-are-shifting-with-real-estate-in-bermuda/#comment-2963325 Thu, 23 Jul 2015 13:22:42 +0000 http://bernews.com/?p=427818#comment-2963325 44percent. sounds good – what are the actual numbers?

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