The economic climate of our country (and the world) has changed dramatically in the last several months. These major economic events have had a massive impact on not just the real estate market, but also the entire real estate industry. Huge real estate companies with antiquated business models are suffering unprecedented losses, and are scrambling [...]
According to the California Associations of Realtors home prices in their state have dropped by 41%. This resulted in an 83% increase in home sales and DOM (Days on Market) fell from 69.3 days to 51.5. Hawaii generally follows California, but will Hawaii home sales follow The Golden State’s lead? If you look at the [...]
If my last post about falling Hawaii mortgage rates wasn’t enough to get you think about buying a home, how about $8,000 to subsidize the cost of your home? President Obama is giving an $8,000 tax credit for first time home buyers. Read the full story
And mortgage rates in Hawaii continue to drop. I’m seeing no cost loans as low as 4.75%. This coupled with a weak market make it a good time to think about buying for those who need a loan. Even if you think you can save 10% more on a home if you wait, mortgage rates [...]
Hawaii Life Real Estate Services is officially servicing the Big Island with a new team headed by Broker in Charge, Katie Minkus. You may be familiar with Katie’s insight on our blog that she gave as a broker for Lava Rock Realty. We are very proud to now have Katie on our team and look [...]
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