I will be the first to admit I am new to this industry and living in Jamaica makes it a bit harder to get a full understanding of it but I have been researching & I have a few questions if anyone wants to help me out. PLEASE want to.

Is the housing market still alive in your country, which country is that?
Which is doing better single family or multifamily homes?
On average how many people ask you guys about a second home or a vacation home?
How many people want to buy a second home? At what price points are they interested?
Are people interested in luxury homes?
What are the most common features of luxury living
Are people interested in eco friendly living?
If I wanted to make people interested in living in Jamaica or buying second homes here should I sell the product or the lifestyle?
Does Jamaica still scare people?
Do you get any persons interested finding homes abroad or is it just for your local area?
Do you think people are still interested in the Caribbean as a vacation spot or even Jamaica in particular?
What’s the most interesting, alluring, alarming thing you find about Jamaica?

Thanks for your note. The housing market here in Minnesota has shifted, like most parts of the country, to a strong buyer's market. We are finding a large supply of properties for sale, both MLS listed and non-MLS listed.

The buyer demand is still strong. Our team is finding many properties, especially REO listings, going to a multiple offer situation.

The single family home in Minnesota is still in demand, however prices have dropped with the current oversupply. Long term, Minnesota has been a slow and steady appreciating state. It has averaged a little over 6% since 1940 (www.census.gov data.)

The multifamily market is doing fair, with an increased rental demand over the last 18 months forcing prices upward slightly. If people aren't buying homes at the same pace, they are renting of course. And you see a direct correlation between the value of a multi-unit building and the rental income it brings in.

Luxury homes in Minneapolis are still selling, but market time has increased significantly year over year.

Honestly, I don't know much about Jamaica, but have heard many wonderful things about it. I hope this information helps out and answers some of your questions about our local real estate market.

Buy a duplex, live in half of it and rent out the other half and let them pay for your mortgage for you. Once you've built some equity in the property, borrow against it to purchase another property and move in there and rent out the other half of the duplex to help cover the cost of your next mortgage.