Virgin Islands News

Foreclosure filings in the U.S. fell to a five-year low last month as lenders sought to avoid seizing property and a housing recovery showed signs of taking hold.

The ninth year of the Walk/Run Against Gun Violence next Sunday is a testament to the perseverance of Celia and James Carroll, whose son was shot and killed 12 years ago.

Jason Carroll was just 18 when he was killed, but thanks especially to Celia Carroll’s tireless efforts, at least 400 people are expected to help raise consciousness about gun violence.

The popular event brings the community together in a special way, with a feeling of camaraderie and purpose. The two-mile walk/run at starts at 4 p.m. on the waterfront in Charlotte Amalie at the Coast Guard dock, and follows a course through Frenchtown to Addelita Cancryn Junior High School and back.

Spectators packed the room Wednesday as they waited for an end to a debate spanning more than six years, but when the Board of Land Use Appeals closed their meeting, they delayed a decision on the future of Mandahl Bay for at least another 90 days.

Buying a home is now more affordable than it has been in the last twenty years.

Thanks to continued declines in home prices and rock-bottom mortgage rates, the National Association of Home Builders/Wells Fargo Housing Opportunity Index hit a record level of affordability.

According to the index, 75.9% of all new and existing homes sold during the three months ended Dec. 31 could have been comfortably purchased by families earning the national median income of $64,200.