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Welcome to GUAMHafa Adai! "Hafa Adai" means "hello" in the native language of Guam. For, in addition to elegant hotels and world renowned restaurants, the island way of life is enhanced by the ancient Chamorro culture. In keeping with its long tradition of island hospitality, Guam has become the hub of the western Pacific and the most cosmopolitan destination in the Marianas. Location is every REALTOR's® dream and Guam is located a short three-hour flight from the Philippines, four hours from Japan, and five to six hours from Indonesia and Australia. Tourism is the major industry. Visitors bask in warm temperatures in the 80's year-round, tempered by cool tradewinds. A U.S. territory, English is the official language for the population of 130,000 comprised of many distinct ethnic backgrounds. Real Estate in GUAM Skyrocketing prices that occurred as a result of outside investment, primarily from Japan, have leveled off and prices have been steadily declining. This has actually helped the local residents and spurred development of affordable housing. Commercial and tourist-area prices have also declined, so investment in those areas is again appealing. The market is expected to continue trending downward as the economy adjusts to the recession affecting Guam's Asian neighbors. |
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