Pending Home Sales on an Upswing
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RISMEDIA, May 5, 2010—Pending home sales increased again in March 2010, affirming that a surge of home sales is unfolding for the spring home buying season, according to the National Association of Realtors®. The Pending Home Sales Index (PHSI) forward-looking indicator based on contracts signed in March, rose […]
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 Coral Bay Casa - masonry construction, water view. Only $875,000.
Someone asked me recently, “which is a better investment, stocks or real estate?” I have money in both. As they say, ‘don’t put all your eggs in one basket.’ If you need liquidity and have the stomach to ride out the gyrations of the stock […]
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Sales figures for 2009 are now available on Islandia’s web site at: http://www.islandiarealestate.com/statsummary.cfm
Click on the year to see more details. Though sales were the worst in years there were more in the last half of the year than the first half and we have been quite busy so far this year with showings. Hopefully this […]
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National Association of Realtors®: Washington, November 23, 2009
Driven by the first-time buyer tax credit, existing-home sales showed another big gain in October with a strong uptrend established over the past seven months, while inventories continue to decline, according to the National Association of Realtors®.
Existing-home sales – including single-family, townhomes, condominiums and co-ops – surged […]
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I would like to remind you that real estate sales statistics for St. John are on our web site at:
http://www.islandiarealestate.com/statsummary.cfm
These numbers are updated quarterly and make it easy to compare sales activity with any other year. Please check it out and let me know if you have any questions.
We are expecting 2010 to be better […]
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Washington, October 01, 2009
Pending home sales have increased for seven straight months, the longest in the series of the index which began in 2001, according to the National Association of Realtors®.
The Pending Home Sales Index,* a forward-looking indicator based on contracts signed in August, rose 6.4 percent to 103.8 from a reading of 97.6 in […]
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What a view from this area! The Great Cruz Bay neighborhood has it all. Located by the Westin Resort off the Southshore road, its close to town location, paved roads and incredible sunset views make this an ideal place to live or vacation. Owners in this neighborhood can also enjoy access to a dinghy dock […]
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Let’s talk about land. It’s in our Preample to our Code of Ethics and Standards of Practice that Realtors should recognize that the interests of the nation and its citizens require the highest and best use of the land and the widest distribution of land ownership. Currently on St. John, we have 250 active land […]
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Washington, August 21, 2009
For the first time in five years, existing-home sales have increased for four months in a row, according to the National Association of Realtors®.
Existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 7.2 percent to a seasonally adjusted annual rate1 of 5.24 million units in July from a level […]
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Trunk Bay - St. John, U.S. Virgin IslandsÂ
Pending home sales are up for the fifth consecutive month, the first time in six years for such a streak, according to the National Association of Realtors®.
The Pending Home Sales Index, a forward-looking indicator based on contracts signed in June, rose 3.6 percent to 94.6 from an upwardly […]
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The Mango Terrace Condos should be finished by August and are well worth the wait. Top quality construction, stainless appliances, granite counters, travertine floors, wi-fi, central air and private laundries are just some of the features of these beautiful new condos. Just 6 units in two buildings, each unit takes the entire floor of its […]
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“Coral Bay Casa” MLS# 07-1 St. John, U.S. Virgin Islands - offered at $875,000.
Pending U.S. Home Resales Surge 6.7% in April:
“Record low mortgage interest rates boosted pending home sales for the third consecutive month, with some benefit now from the first-time buyer tax credit, according to the National Association of Realtors®.” Opportunities […]
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“Calypso By The Sea” - a beachfront home in tranquil Johnson’s Bay Estates. Offered at $1.7 million.
If the increase in recent showings is any indication, St. John Virgin Islands real estate my be heating up once again. According to the National Association of Realtors, this month: “Historically high housing affordability and low mortgage interest rates, […]
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I apologize for the paucity of Blogs recently but we have 2 agents off island and the rest of us are wonderfully busy with showings. As I have mentioned before though our market is holding up well there are a few real bargains to be had right now. A waterfront lot was originally listed at […]
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As real estate professionals, we have been telling our customers that there is no better time than now to buy, particularly in the land market which has been hard hit in this market slowdown. While the residential market has been relatively stable, there are now, several good opportunities in the home and condo markets. Visit […]
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