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Have you heard about the big sale going on? Yeah, there's a big sale going on. Where? Stocks and Real Estate. Let's think about which one would be the best buy. Stock prices are very low right now, that's true, but so are houses and land. Now ...[Read More]
If you have been following the financial news as of late, you know that all the buzz is about how our economy has fallen on hard times. You personally, may not be able to do anything about the "crisis on Wall Street", but how about your own personal ...[Read More]
The long anticipated Panama City/Bay County International Airport got a big boost recently. The Airport Authority announced that it would construct a 10,000 foot main runway at the new airport being built in West Bay. The runway was originally designed ...[Read More]
I talked with a mortgage broker friend of mine today to get his thoughts on the current crisis on Wall Street and how it is affecting his customers day to day. Of course, how his customers are affected directly impacts the real estate industry as most ...[Read More]
True or False – Every cloud has a silver lining . True . Even the black cloud surrounding Wall Street these days has a silver lining. What is it? Well one aspect could be that mortgage rates are going down due to the government take over of Fannie ...[Read More]
Just south of Chipley is a little town called Wausau. I stopped to take a picture of this unusual brick pattern on this old building. It reminds me of a handmade quilt produced through many hours of hard work and love. You never know what you will find ...[Read More]
Saturdays are good days to get outside, ride around and not be in a hurry or on a schedule. I saw these guys keeping cool by standing in the shade down Hwy 77 just north of Sunny Hills in Washington County. This is a good protrayal of the peaceful, serene, ...[Read More]
Why Use A REALTOR®? · Pricing – How do you determine the price when you decide to sell your home yourself? Do you ask your friends? Do you use an online resource such as Zillow? Do you base the price on “what you need to get out ...[Read More]
I touched on the subject of the tax credit for first time home buyers in a previous post. Century 21 brokers and sales associates have received a memo from our President and CEO Tom Kunz outlining the details of this tax credit. It is with pleasure that ...[Read More]
At the election on 16th May, President Leonel Fernandez was granted four more years to serve the Dominican Republic. Fernandez is credited with restoring macroeconomic stability and a favourable business climate. Being ahead in the polls, his PLD party ...[Read More]
West Indies Real Estate recently exhibited at the A Place in the Sun property show in London, England, with other exhibitors from all parts of the world. A Place in the Sun is a most popular TV show, magazine and website which has built on the insatiable ...[Read More]
Property outlook is great and real estate tourism is booming in the Dominican Republic, says the forecast from the Dominican Association of Real Estate Tourism Companies (ADETI). U.S. $1.5 billion is invested in real estate property developments in Dominican ...[Read More]
President Leonel Fernandez has opened the new Institute of Foreign Trade and Business Innovation of the Dominican Republic (I-CEi), a training center for the development of foreign trade and investment. The facility was built at a cost of RD$180 million ...[Read More]
The Dominican Republic has Latin America's highest tourism receipts per GDP. According to the Latin Business Chronicle (LBC), 11.1% of the country's GDP comes from tourism. Costa Rica with 7.5% and Panama with 6.0% are two other countries with ...[Read More]
Sosua Kids Express Their Appreciation to West Indies We want to take the opportunity to express our heart-felt gratitude to West Indies for their generous donation to the Sosúa Kids fund. It arrived at the most opportune moment as we are preparing ...[Read More]
Parque Las Banderas (Flags Park) finally opens in Sosua After over a year of work and traffic disruptions, this delightful little park was officially opened last Sunday by the Mayor of Sosua, Vladimir Céspedes. It is located opposite Banco Popular ...[Read More]
CANADIAN GOVERNMENT CRACKS DOWN ON MONEY LAUNDERING New federal laws covering money laundering and anti-terrorist financing came into effect across Canada on Monday, which require real estate agents and brokers to collect and verify detailed personal information ...[Read More]
British Residents on the North Coast enjoy the Ambassador's evening Almost 100 people attended a "British Evening" in Sosua hosted by H.M. British Ambassador, Mr. Ian Worthington OBE, at Sabatini's Restaurant on 11th July. The event grew ...[Read More]
As a finale to yet another Season of Monthly Dinner Club outings, the presence of the British Ambassador added to making this a very successful evening. Ian Worthington O.B.E., The British Ambassador joined 29 other members in a celebration of probably ...[Read More]
H.M. British Ambassador, Mr. Ian Worthington, will be hosting a "British Evening" in Sosua on Friday, 11th July. This follows on from a successful talk on the work of the British Embassy in the Dominican Republic, organised by Judith Fox-Hogg ...[Read More]
Tourism Minister Felix Jimenez says the Dominican Republic has become a popular vacation destination for Swiss travelers. During a press conference in Zurich, Jimenez said that Swiss tourism grew by 7.2% during the first five months of the year and by ...[Read More]
The Carretera De Samana (Spanish for: Santo Domingo-Samana Highway) is the newest addition to the Dominican Republic national highway system. The actual construction of the Highway started in the 2005 and final paving started in 2007. As the landscape ...[Read More]
ALL PERSONS traveling by air outside of the United States are required to present a passport or other valid travel document to enter or re-enter the United States. LAND AND SEA TRAVEL The following summarizes information available on the Department of ...[Read More]
The Foreign Minister of the Dominican Republic, Carlos Morales Troncoso, addressed a Parliamentary meeting of Peers and MPs during his recent visit to London. Members of the CBBC and Anglo Dominican Trade Council also attended the meeting. During his speech, ...[Read More]
According to a recent report in Hoy newspaper, house and apartment sales and new construction have decreased considerably in recent months in the Dominican Republic as a whole, due to rising costs of materials and borrowing. Doubtless, financial factors ...[Read More]
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