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.
Microgrid Projects Wins Senate Approval
Advance Power LCC sought legislative approval of two leases that would allow the company to develop two alternative energy sites. Senators approved the $160 million investment for microgrids on St. Thomas and St. Croix; projects expected to offset 23% of territory’s...
St Croix Real Estate Market Reports (September 2024)
Is it the right time to list your property? September 2024 sales data, inventory, and days on market for the St. Croix, USVI real estate market is available in our downloadable Coldwell Banker real estate reports. The is a report for each category: Homes & Condos,...
Will Ride-Sharing May Be on the Horizon on St. Croix?
Senator Samual Carrion, St. Croix, is working to write legislation to allow ride-sharing service to be licensed in the territory. The process will take some time. Ride-sharing, such as Uber and Lyft, is available in every U.S. state, but not in USVI. According to a...
Island-wide road paving initiative on St. Croix from FEMA investment
FEMA has announced a significant $3.2 billion investment in the U.S. Virgin Islands, with one of the most substantial projects being the island-wide road paving initiative in St. Croix according to the VI Consortium. $1.75 billion in funding is allocated to repair...
What are some important features in a St Croix home?
Question: "What are some important features to consider in a St Croix home?” Our Answer: Consider the features which suit the needs of your lifestyle now, and what you see in the future Outdoor space. Because of the temperate climate, be sure to think about creating...
What are the hidden costs of buying a home or condo?
Question: "What are the hidden costs of buying a home or condo?” Our Answer: In the excitement of finding your island home, keep these costs in mind: Inspections. An inspection by a licensed home inspector is key to any home or condo purchase. This will inform...
St Croix Real Estate Market Reports (August 2024)
August 2024 sales data, inventory, and days on market for the St. Croix, USVI real estate market is available in our downloadable Coldwell Banker real estate reports. The is a report for each category: Homes & Condos, Condos, Homes, and Land! If you are not...
Iconic Hibiscus Hotel Gets a Second Chance
Thanks to the approval of a Coastal Zone Management permit on Tuesday, the once popular Hibiscus Beach Hotel on St. Croix, which was built in 1992, closed in 2009, and demolished in the 2017 hurricanes, will be resurrected over the next few years according to St....
Researchers hope to help territory’s coral by land and by sea
Coral propagation can happen in different conditions. According to the VI Daily News, despite the many factors in play, researchers can identify the windows in time when corals are most likely to release gametes. Over the past week, teams of Nature Conservancy divers...
Why do so many condo listings say “cash-sale only”?
Question: "Why do so many condo listings say "cash-sale only?” Chris’s Answer: Currently many condos on St. Croix must be purchased for cash since they don’t qualify for financing. A condo complex is warrantable if it operates as closely to a residence as possible,...
Why are condo fees higher on St Croix than in the States?
Question: "Why are condo fees higher on St Croix than in the States?” Christie’s Answer: Often people compare condo fees on St. Croix with condo fees in the states. A big difference is that the HOA fees here usually, but not always, include windstorm insurance. Those...
St Croix Real Estate Market Reports (July 2024)
July 2024 sales data, inventory, and days on market for the St. Croix, USVI real estate market is available in our downloadable Coldwell Banker real estate reports. The is a report for each category: Homes & Condos, Condos, Homes, and Land! If you are not familiar...