Can't sell? Here's one suggestion

The old adage in real estate has long been that investments in updating kitchens and bathrooms will be covered at the closing table, and then some. But, a recent New York Times article from the real estate section argues that times have changed. These days, more and more sellers...

The Housing Market Update

New Home Sales Climb: Sales of new homes rose in September after four straight monthly declines. The Commerce Department said Wednesday that sales of new homes rose 5.7 percent last month to a seasonally adjusted annual rate of 313,000 homes. A big reason for the gain was that...

Private Sector Sees Job Growth

We received a couple of reports on employment levels last week. The ADP Private Payroll report continued to show gains in hiring in the private sector. Their monthly gauge came in at 110K which was much better than market expectations of 101K. In a separate report, the national...

What A Realtor Can Do For A Potential Buyer

There are many sites and tools on the internet to assist homebuyers in the preliminary work to find homes for sale and to research information on neighborhoods and recent sales. But buyers often use real-estate agents to identify long-term value in properties, negotiate prices...

Loan Appliction Process – What You'll Need

So you've been working with your real estate agent and together you've found the home of your dreams.  So now what?  Contacting your financial institution to begin the loan application process.  However, you'll want to gather some important documents before your appointment...

Decorating With A Neutral Palette

I remember the first time I got off a plane in St. Thomas. The beautiful colors and warm humid breezes the Wow and the AHH of that has never left me! After nearly a decade of residency on St. Thomas I still love waking up to big beautiful ocean views and warm breezes. Whether...

Dolphin Cove: St. Thomas' Premiere Waterfront Development Property

Last week Team Sea Glass had the opportunity to visit the historic Dolphin House located within the confines of the Dolphin Cove development land.  This home was used by scientists who trained dolphins to search for underwater mines during the cold war.  The structure and saltwater...

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USVI Bank and Relo Properties

Searching for affordable Carribean investment property in the US Virgin Islands can be tough. Since many of the banks require a minimum down payment of 20% foreclosures are few and far between. So when a new listing comes up, there is a good chance it won't last long. While some...

Don't Judge a GREAT DEAL by its Owner

There are currently over 2,100 listings between the St. Thomas/St. Croix and St. John multiple listing services. Of those, only 23 are Bank Owned. Approximately 25% of those owned by the banks were NOT foreclosed on. This means that less than 1% of the properties listed in the...