IfIf you haven’t heard already, the Virgin Islands real estate market is starting to show signs that the market is turning around. 

In order to stay ahead of the market I want to let you know what the market is doing and what we are doing here at Sea Glass Properties to make sure you have all of the tools you need to buy, sell, or rent a home. 

1. July and August saw 12.6% and 21.1% increases in year over year sales. 

2. I just published our very first HOMESVI.com real estate guide. 4,000 copies are currently on a ship coming to the Virgin Islands. If you would like, I can mail you a copy for free! 

3. Sea Glass Properties has increased our local market share from 4% in 2008 to 13% in 2009. Our aggressive growth strategies and marketing will only further our market share. 

4. You are now able to save searches and set up auto email on www.sellvi.com 

5. If you are in the market for a condo, now is the time to buy. Prices are down and sales are picking up quickly. 

6. Home prices are leveling off, and in some cases are raising prices. 

7. Commercial real estate is still taking a hit. If you are looking for an investment property (office space or multi-family) now may be the time to make an offer on something. 

8. Unlike the majority of real estate agents in the Virgin Islands, I offer buyer representation. Don’t be stuck buying a home without having someone looking out for your best interests. 

9. Next month I will be launching a new RENTAL website: http://www.rockcityrentals.com – here you will be able to access many of the available rentals on island. 

10. Sea Glass is expanding. If you know of anyone in the Virgin Islands who has real estate experience and wants to join one of the premier real estate companies on island please let me know. 

If you are looking for a waterfront property, there is a great deal in Frenchman’s Bay. Also, there is a potential resort/ hotel opportunity in Red Hook. Email me for details. 

Let me know if you are still in the market for a property here in the USVI.