Islandia Real Estate is thankful for our relationships with the customers we are serving. Â Islandia is the Market Share leader on the island of St. John with a listing volume of $172,303,468.00 of beautiful St. John properties. With over 32% of the market, we lead with the next highest real estate company coming in at 18.03%, or an inventory of $96,755,980.
The Wall Street Journal came out with an uplifting report today, “Home Values Post 12 Straight Months of Increases.” Â Â http://blogs.wsj.com/developments/2012/11/21/report-home-values-post-12-straight-months-of-increases/Â . Â The axiom of the real estate business states that “all real estate is local.” Â With that being said we continue to have a large number of properties available for buyers, and we have seen the activity dramatically increase these past two weeks on showing appointments. Â We are thankful that markets across the nation are experiencing heightened demand, increased sales, declining inventories and gently rising prices. Â These are the trends that will ultimately lift the housing market out of its worst slump ever. Â This is good news for our market, there are buyers that must first sell properties elsewhere before committing to properties here.