St. John’s oldest real estate firm is consolidating its offices. In a Spring/Summer newsletter, Holiday Homes explained that, “As the market has changed, we have to stay nimble to be in shape for our 50th anniversary next year!”
So, the 24-year-old sales office at Mongoose Junction will be closed and Holiday Homes will be headquartered on the first floor of the Marketplace.
This is interesting, because the Inquiring Iguana has heard of another real estate firm which said it would prefer to be located at Mongoose because there is greater tourist traffic there; the Marketplace gets locals. However, there’s no question that tourists need food and Holiday’s prime location next to Starfish Market, with big display windows for photos and posters, gives its real estate offerings great visibility.
Business wise, Holiday Homes says "We’re in a tricky economy. Winter season was slow but spring is more active,” the newsletter reported. In the first five months of the year, there have been three home closings and contracts on six more, compared to last year when four homes had closed and 10 were under contract.