12/7 USVI Housing Market Update

Pending Home Sales Surge Ahead: Pending sales of existing U.S. homes unexpectedly surged despite concerns that problems with foreclosures might curtail activity. The National Association of Realtors Pending Home Index, which is based upon contracts that are signed but not yet...

About Botany Bay

Secret. Seductive. Secluded. In all the world no waters equal those of the Caribbean. Alluring. Gentle. Beguiling. There is a mystique shrouded in a thousand shades of blue. This idyllic sea, a comfortable distance from civilization has for centuries enchanted natives and travelers...

Condo? No way! But, yes. Way!

“A condo?  Forget it!” So goes the response from would-be home buyers with budgets in the $300,000 to $400,000 price range when REALTORS point out that condos could easily have updates and amenities that homes at this price definitely lack. Buyers point to the burden of...

November 22, 2010

Mortgage Deliquency Rate Falls: The U.S. mortgage delinquency rate declined last quarter as the employment picture brightened.  The Mortgage Bankers Association reported that the rate of delinquency on single-family homes for the third quarter fell 0.72% from the previous quarter...

Thinking about selling? Now’s the time!

Get out your paint cans, re-grout those tile joints, and spruce up your home.  Because if you’ve been thinking about selling, now is the time to list so you can take advantage of the increased interest from buyers that high season brings. But sprucing up your property is...

Ready Aim Fire – not Ready Fire Aim

This is a great time to be buying a home.  Interest rates are historically low, prices are increasingly attractive, and there are more homes and condominiums on the market than there have been in many years.  Lots of choices and more room for negotiation means you can get a house you'd...

It’s the little things – the presentation – that matters.

It’s funny, but even as a real estate professional, the most obvious things that I should be able to overlook I struggle to ignore.  For instance, when I walk into that newly listed home for sale and discover a crusty bathroom sink and a pile of clothes on the bedroom floor,...

Here’s why it’s time to buy in the Virgin Islands – and here’s step one!

Loans are cheaper than they’ve been in a LONG time.  The National Association of Realtors reports that mortgage rates have hit a new record low for the 10th time in 11 weeks.   The average fixed loan price according to Freddie Mac hit 4.32 percent last week. Now is the...

Amazing New Website!

I truly believe this will be the coolest real estate website in the Caribbean!!! Stay tuned as Jon and Mike continue to rock out sweet new features. Oh by the way, our new logo and signs are amazing!

6/15/2010 – USVI Real Estate

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