Roatan is an island of it’s own. While property values decrease in the United States, Roatan stays more than resilient and prospers thanks to the Canadian Dollar and the Euro!
“Overall housing prices peaked in 2006 and have declined almost 7 percent since, according to the S&P/Case-Shiller Home Price Indices. Foreclosures were at an all-time high last year, rising to nearly 2 million from 1.2 million in 2006, the marketplace RealtyTrac reports.
How bad could things get? A big wave of adjustable-rate mortgage resets hits in the first half of 2008. Robert Shiller, the Yale economics professor behind the Case-Shiller indices, says it’s possible housing prices will decline 30 percent from their peak. That’s as much as they fell from 1925 to 1933, the low point of the Great Depression. Others predict a 15 percent drop."
--AARP Magazine
Stay diversified. It’s the best move in any market. A popular strategy is to move money into fixed-income vehicles such as money market accounts.
A better strategy is to invest money into real estate that is 1) emerging market 2) supported by the Canadian dollar, the Euro and the US dollar 3) an area that is continuing to show gains. Roatan is not gaining strength by the US Dollar alone. Canadians and Europeans are investing in this small Caribbean island. The financial diversification will help Roatan continue its growth even through the U.S.’s difficult time. Not only do you have a safe financial vehicle, you can have a dream home in the Caribbean for the family to enjoy. Continental Airlines recognizes the value and has 4 direct, non-stop flights from Houston to Roatan (2 hours and 15 minutes). The prices on the island are still far below the Caribbean average making Roatan a fantastic investment and playground for the family. TJ Lynch’s expert team has invested in land, homes, condos and commercial on the island. Our team invests in the island and we see the future. TJ’s decade of living and selling real estate on the island has made him an expert on finding the right investment. Contact TJ and our team at TJ@BuyRoatan.com. Learn more about our team at www.LoveRoatan.com.h