The mortgage and financial credit problems in the United Sates have seem to had an effect on real estate in Aruba. Americans are selling their second homes in Aruba. I guess the saying is true, ever cloud does have a silver lining.
ORANJESTAD – Amongst Americans it’s almost impossible to find buyers for a house on Aruba due to the financial credit crisis in their country. Those who already have a house on Aruba, more often want to get rid of it. Several well-known real estate agents have noticed this since the real estate bubble burst mid last year in the US. (Amigoe: 7/24/2008)