STX News
On a monthly basis, we send out our newsletter with current St Croix news and upcoming events. We try to give a glimpse into life on our incredible island and hope it entices you to come feel the sand between your toes.
Will you put these recent rate increases into historical perspective for us?
Published on our October 2023 NewsletterQuestion: “Will you put these recent rate increases into historical perspective for us? Looking back, starting in the 1980’s by decade, on a Freddie Mac 30. Year fixed mortgage for a primary residence, the rates from the St....
What effect has the increase in mortgage rates had on buyers and sellers?
Published on our October 2023 Newsletter Question: “What effect has the increase in mortgage rates had on buyers and sellers? Christie's Answer: Here are the three things which have the potential to affect on Buyers: The cost of homeownership has increased....
What current and historical mortgage rate trends tells us
Mortgage rate is an important topic for many home buyers and also for those looking to refinance their property. Many are keeping a close eye on the trajectory of interest rates as they plan their real estate purchase. Freddie Mac started recording mortgage rates in...
Condé Nast Traveler Recognizes USVSI With 2023 Readers’ Choice Award
Condé Nast Traveler announced in October the results of its annual Reader’s Choice Awards with the U.S. Virgin Islands recognized as a top island in the Caribbean. The USVI has been recognized by other publications this year. Here are a sample: Condé Nast Traveler as...
Breadfruit: A Global Future Food Trend?
On St. Croix, breadfruit is something very familiar to us. We see beautiful breadfruit trees on island, and breadfruit used in restaurant menus, snacks, and cocktails. We love breadfruit and all of its uses. According to a recent Forbes article, "With its immense...
NEW St Croix Area Reports (September 2023)
Find the monthly sales data, inventory, and days on market for the St. Croix, USVI real estate market! We have downloadable Coldwell Banker real estate reports — available below for each category: Homes & Condos, Condos, Homes, and Land! If you are not familiar...
Why are many condo complexes not qualified for financing?
Published on our September 2023 Newsletter Question: “Why don't so many condo complexes qualify for financing? Chris's Answer: Currently most condos on St. Croix must be purchased for cash since they don’t qualify for financing. A condo complex is warrantable if...
Why are HOA fees so high on condos?
Published on our September 2023 Newsletter Question: “Why does it seem like Home Owner's Association (HOA) fees are high on condos?" Christie's Answer: Often people compare condo fees on St. Croix to condo fees in the states. A big difference is the HOA fees here...
Art studio & boutique meets after school program
Art studio & boutique meets after school program that strives to help the children of the St. Croix community discover how unique they truly are! Unique by Maria Banwaree Art Studio & Boutique was founded in October 2019 with a primary goal to provide children...
Finding Flight Deals to St. Croix this Winter
Pleasant temperatures and low rainfall make December through May a great time to go to St. Croix especially if you are trying to escape the cold temperatures and precipitation that comes with living in states that have harsher winters. If you are planning to...
New Arthur A. Richards PreK-8 School development takes significant step forward
The V.I. Department of Education recently celebrated a significant construction milestone at the new Arthur A. Richards PreK-8 School site according to the VI Consortium. The recent concrete pour signifies a significant construction milestone for the new school...
St. George Village Botanical Garden and V.I. Trail Alliance receive $2.5M grants
Congratulations to St. George Village Botanical Garden and the V. I. Trail Alliance for each receiving a $2.5M 4-year grant from the USDA Forest Service Urban and Community Forestry Grant Program! The botanical garden and the trail alliance were 2 of 385 grant...