FED RATE CUT

Earlier today the Federal Reserve cut the Fed Funds rate by a half percentage point to 4.75%, citing turmoil in financial markets as a threat to economic growth. How will this affect real estate prices? Rising rates was one of the leading causes of the slow down. Lower rates...

The Red Sea

I live in Coral Bay. When I had a boat moored in the bay I got into the habit of starting each day by checking on the boat from my bedroom window to make sure it was still afloat and OK. Though I sold the boat a few years ago (the 2nd happiest day in my life!) I still look...

SCHOOLS ON TRACK IN THE VIRGIN ISLANDS

Virgin Islands students are ready to head back to school and for the first time in over 30 years I have not heard frantic warnings that the schools are not nearly ready.  Perhaps the new administration of Gov. John deJongh Jr.  and Acting Education...

VI PROPERTY REVALUATION

  The owners of some of the real estate agencies  and the directors of the St. John Board of Realtors are meeting this afternoon to discuss the new valuations on real estate in the Virgin Islands.  Considering the nature of our business we feel...

WHAT A LIFE!

I took this photo yesterday while walking to the tax assessor's office.  How wonderful to live in a place  where the heart of downtown looks like this! Merry merryvi@aol.com 340 776-6666

WHY CHOOSE ISLANDIA REAL ESTATE?

  Islandia Real Estate has been in business on St. John for over thirty six years and is an active member of the St. Thomas-St. John Chamber of Commerce. The Islandia Building is centrally located in Cruz Bay and provides ample parking, private offices and a penthouse...

DEAL OF THE WEEK

  A great deal for the savvy buyer right now is EbbTide, a waterfront, masonry home on Chocolate Hole Bay.  It was listed in Jan. 2007 for $2.75M and was reduce for a quick sale in April to $1.95.  It was contracted right away at...

GOOD DEVELOPERS IN OUR MIDST

  A group of national and local representatives recently inspected various development sites in the Coral Bay, St. John area to help develop a storm water management plan.   The group consisted of representatives from the Center for Watershed Protection,...

DONKEY MEETS TURTLE

A donkey seems somewhat puzzled by this rock painted as a turtle.  Looks like a turtle and is a bit slow but something is definitely not quite right.  St. Johnians have a wicked sense of fun with road side humor.  Some may remember years...

NOW THAT’S ITALIAN!!

  Livio Leone is the driving force behind St. John's latest eatery.  "Da Livio" recently opened to rave reviews.  Located in the former Oscar's store building across the street from Lime Inn, Da Livio offers authentic Northern Italian cuisine using only...