A Guide to Buying Real Estate part 1

Buying a home for the first time can be an overwhelming process, especially if you are going into it alone or without a partner. There are many beautiful homes on the market at a range of prices and with it being a buyers' market the field is ripe for the pickings but how do you decide on the property that is right for you and where to begin? 

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Augmented Reality & Real Estate

What is augmented reality?

Augmented Reality is a technology that takes the world around you (say through a camera or head mounted display) and adds virtual content on top such that it looks like it's actually there in the real world.

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Housing market recovery in the UK

Figures show housing market recovery is now stretching across much of the UK, with transactions in Edinburgh and nearby regions showing a 47 per cent rise in the final quarter of last year.

The sales surge was the highest seen since 2007 and was complemented by a 26.5 per increase in the number of homes coming to the market according to the Glasgow Solicitors Property Centre.

In Edinburgh prices rose by an average of five per cent in 2013 while nearby areas like East Lothian and Dunfermline showed smaller increases.

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An interesting article highlighting a predicted positive change in the UK property market for both the end of 2012 and going into 2013; This would in  turn have positive effect on the real estate market in Barbados.

Rightmove data points to UK property market boost for 2013

The latest Rightmove house price index shows that the UK property market is ending 2012 on a positive note with the highest annualized rise in house prices for five years and a rise in search activity and new buyer enquiries.

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Caribbean Island Properties are committed to supporting the BEF’s initiative of free island wide WiFi access across Barbados as an integral step in developing the country towards becoming one of the leading entrepreneurial hubs internationally  by 2020.

Inset: David Coombes, CEO of CIP Caribbean  is seen here canvasing a group of local taxi drivers in an effort to promote the initiative.

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IT IS FAR TOO EASY to become a licensed real estate agent in Barbados, which is why Barbados Estate Agents and Valuers Association (BEVA) is seeking to become the legally recognized body for the profession.

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Some good signs that confidence may be returning to our biggest overseas buyers market, the UK

London home sellers flooded the market in January and pushed up asking prices in the biggest new-year increase since 2008, Rightmove PLC (Rmv).

Asking prices in the capital rose 3.6 percent from the previous month to an average 480,890 pounds ($764,000), the property website operator said in a report today. Prices rose 9.7 percent from a year earlier, the biggest annual increase since February 2010. Nationally, prices rose 0.2 percent.

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What is value?

The value of a property and how much you should pay to purchase it is a very personal thing in this market.  Let me try to explain what I mean by this.

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Caribbean Island Properties Inc.

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