Luxury Properties In Bahamas - A Slice Of Paradise

The beautiful and heaven-like Bahamas accommodations can be found on the splendid island of Great Exuma in the Bahamas. February Point is a fashionable resort community, which offers the most desirable oceanfront homes you can find anywhere in the Caribbean. The Island of Great Exuma has been rated as one out of the five crowned islands to reside in by the famous Island Magazine.

February Point is situated on a sprawling private peninsula overlooking the island’ many coves, cays, and pure virgin beaches. February Point is a wonderful refuge for those in search of untouched natural beauty and pure sunshine. The oceanfront houses in February Point alongside the beautiful Exuma beach offer an unassuming ambience of the Bahamas real estate.

For people who are interested in fractional ownership there is a good opportunity of buying any of the featured Bahamas luxury villas. Those interested in Oceanfront houses can definitely think of investing in the oceanfront real estate. Here, one can enjoy spectacular views of the ocean with the added advantage of constructing private villas and estate residences.

Another amazing possibility could be staying in the luxury properties located alongside the splendid Bahamas beaches. The luxury villas offer a comfortable living in the way of lavishly furnished houses with huge dining rooms, full kitchens, large bedrooms, and incredible views of the sea.

If you are looking for your dream house in the Bahamas then you have wonderful prospects of investing in luxury properties at February Point. From the magnificent seascapes, sprawling sand beaches, exotic vegetation to serene surroundings, the Bahamas islands have it all. Moreover, the open economic policy of the country has thrown up great avenues for investment.

The Bahamas real estate has drawn in large capital from all over the world making it the hottest real estate market in the world. For investment-minded individuals, the luxury properties of the Bahamas have become great opportunities for portfolio diversification. For those who are interested in owning private villas with great surroundings coupled with the natural wonders, the luxury properties situated amidst the stunning Bahamas islands are simply the perfect choices. The local real estate investors witness an unending sight regarding the growing demand for luxury properties in Bahamas.

The Bahamas luxury properties offer an enticing investment opportunity being one of the world’s foremost tax havens. These Bahamas accommodations count for a sound investment scheme due to the fact that there are no corporate, income, personal, estate, capital gains and inheritance or gift taxes. The most prominent advantages of good business in the Bahamas real estate include political stability, security and an easy access to major markets of the world.

Another significant factor drawing a large number of investors to Bahamas luxury properties is the stable and booming economy, which is mainly steadied by the concrete value of the Bahamian dollars.

For those who are interested in Bahamas rental accommodations, the luxury rental properties in the island of Exuma would make for the ideal prospects. The Exuma islands with a view to maintain the tranquility and culture of the place have come up with the regulation that the island would be developed only up to 30 per cent. Luxury rental properties in Exuma provide first-class amenities, exquisite furnished houses, and complete privacy.

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Economic and Housing Market Key Indicators

The National Association of Realtors reported positive news on the housing front at the beginning of the month. The realtor group’s Pending Home Sales Index rose for the seventh straight month in August. While encouraging, the fate of a housing market recovery is more than likely now in the hands of the broader economy. With persisting high unemployment and uncertain consumers, housing demand is not likely to substantially increase until there are more convincing signs we are in a true recovery phase.

The Economy
The consumer price index in September increased slightly driven by higher transportation and energy costs. The consumer price index in September increased 0.1% from August on a non-seasonally adjusted basis and increased 0.2% from the previous month on a seasonally-adjusted basis. The core-CPI, which excludes the food and energy portions that are seen by some as skewing the index by virtue of their volatility, increased 0.2% from August on a non-seasonally adjusted basis while also increasing 0.2% from the previous month on a seasonally-adjusted basis. On an unadjusted basis, headline CPI fell 1.3% from its year ago levels while core CPI increased 1.5% year-over-year in September. This is the seventh straight month that headline consumer prices have recorded a year-over-year decline. It will be important to keep an eye on inflation going forward due to rising crude prices and the massive government spending that has taken place to restore the economy.

US retail sales fell 1.5% in September due to the expiration of the Cash for Clunkers program which caused auto sales to fall 10.4% from the previous month. However, excluding auto sales, retail sales increased a better than expected 0.5%. The increase gives hope that consumers are starting to spend money again even though unemployment is still rising. Obviously though, such a trend is unsustainable unless the economy sees a return to job growth conditions. The drop off in auto sales from the ending of the Cash for Clunkers program may also be instructive when it comes to the housing tax credit, which expires in November. Should the home buyer tax credit be allowed to expire, we will likely see an impact on home sales during what is already a seasonably slow time of year.

Housing Market
The National Association of Realtor’s Pending Home Sales Index increased 6.4% to a reading of 103.8 in August from a reading of 97.6 in July. This was the seventh straight month in which the index has increased and the highest it has been since March 2007.

National average mortgage rates increased from the previous week to 4.92% in the latest Primary Mortgage Market Survey released weekly by Freddie Mac on October 15th. This is the first time mortgage rates have recorded a weekly gain since the end of August. It is the second straight week that mortgage rates have averaged less than 5.0% while remaining at historically low levels. In the week ending October 12th, the MBA’s seasonally-adjusted purchase index dropped 5.0% from the previous week and was down 7.32% compared to the same time last year. Purchase applications were coming off their highest levels since the beginning of the year in the previous week. Lower rates have spurred mortgage application activity over the past several weeks.

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EPA Opens Green Homes Website As Resource For Home Buyers and Prospective Renters Alike

Home owners, buyers and renters have a new resource for going green indoors and out. The EPA’s new Green Homes Website will help people make their homes greener with tips on reducing energy consumption, carbon footprints, waste generation and water usage, as well as improving indoor air quality.

The latest federal survey of American housing in 2007 reported 128 million housing units across the US, accounting for nearly 54 percent of our national energy consumption and nearly 31 percent of all US carbon dioxide emissions, the most common greenhouse gas contributing to climate change.

Many green building practices and technologies have yet to make a dent in the existing residential market, in part because it is hard for people to find clear, consolidated, readily accessible, and credible information. The Green Homes Website addresses that need by providing guidance on approaches to greening each room of the home as well as the surrounding yard. Information also is available on building new homes and finding an energy- efficient mortgage, which takes into account the savings derived from energy efficient homes to enable the applicant to qualify for better terms.

Renters will find information to help them identify a green property before moving in and tips for working with their landlord to add green features to an existing property. Users can also find references, such as a list of common green home terms, and links to dozens of EPA Websites with more specific information on a wide variety of green home topics.

As a Certified Green Building Professional and an Energy Star Partner with the EPA, I think this is a tremendous resource for residents everywhere. As awareness of green building grows, so will demand for green built homes grow with it. As an additional resource, Lexington Luxury Builders has instituted our Green Initiatives program, which is our commitment to building energy efficient, green built homes in Plano, Dallas and other area throughout the DFW Metroplex. Please visit our Green Initiatives website to learn more. Lexington has also introduced Lexington Park in Downtown Plano, the area’s first neighborhood comprised entirely of green built homes.

Lexington Park in Plano has made an entire phase of Certified Green Built Homes available for lease. Very rare for rental real estate, at Lexington Park renters will enjoy all of the benefits of living green, including homes which have met the EPA standards for Indoor Air Quality. Visit the Lexington Park Leasing website for further information and the Lexington Wiki to explore our ever expanding library of green building resources.

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