Housing Market Update

Existing Home Sales Jump Again: Despite bad weather, U.S. home sales jumped more than expected in December.  Sales of previously occupied homes soared 12.3 percent last month which far surpassed national forecasts of an increase of only 4.5%.  This marks the second straight...

USVI Housing Marketing Update

Employment Picture Brightens: Demand for housing is fueled by consumer confidence levels.  And nothing impacts those levels more than how consumers feel about the job market.  We had three major releases last week that gave us a better understanding of the employment picture. First...

Virgin Islands FHA Mortgage Limits

St. Thomas Social Event!

The St. Thomas Sport and Social Club has an exciting event planned this Friday January 7th! The club will be hosting the VI's largest safari pub crawl going from 6:00 p.m. - Midnight! We will be cruising around the entire island in 25 person safari busses with multiple stops...

1/3 USVI Housing Market Update

Pending Home Sales Jump: Contracts for pending sales of previously owned U.S. homes rose much faster than expected in November.  This follows last week's surprise gain in existing home sales.  A pending home sale is when a contract has been signed between a buyer and a seller...

St. Thomas Sport and Social Club

There is no better place to stay active this month than in one of the St. Thomas Sport and Social Club Leagues. Grab some friends and co-workers and sign up for one of our sports or activities today. We are St. Thomas largest organizer of coed recreational Sports leagues and...

Getting Real with Real Estate

It’s a great time to buy on St. Thomas.  There are nearly 20% more homes and condos on the market this year, compared to last.  And the average sale price on homes has declined by 18% this year, and by 13% this year for condos.  But, things are getting snatched up more...

4th Quarter 2010 FHA Reference Sheet

Matthew Schaffer Sr. Loan Officer Office: 561-799-9954 Cell: 561-312-1094 matt@schaffermtg.net 3307 Northlake Blvd #103 Palm Beach Gardens, FL 33403 www.mtgbiz.biz

St. Thomas FHA Condo List

4th Quarter 2010 Approved FHA Condo List - St. Thomas Matthew Schaffer Sr. Loan Officer Office: 561-799-9954 Cell: 561-312-1094 matt@schaffermtg.net 3307 Northlake Blvd #103 Palm Beach Gardens, FL 33403 www.mtgbiz.biz

12/7 USVI Housing Market Update

Pending Home Sales Surge Ahead: Pending sales of existing U.S. homes unexpectedly surged despite concerns that problems with foreclosures might curtail activity. The National Association of Realtors Pending Home Index, which is based upon contracts that are signed but not yet...