NEWS: Feb. 17th, St. Croix, USVI - Sir Allen Stanford, a prominent businessman on St. Croix, has just had several of his companies shut down by the federal government. The billionaire’s corporate offices in Texas were raided and three of his companies’ assets were frozen. Allegations are that he perpetrated an $8 billion dollar investment (continues…)

Single Family Residential
As of the first of February, there were 270 single family residential homes on the market on St. Croix; 9 were under contract, and 4 sold during the month. The Average Sales Price was $451,500, average days on market 248, and average % of list price 92.9%.
Condominiums
As of the first of February, (continues…)