What a great time to buy real estate in Hawaii! National Open House Weekend is your chance to preview Big Island homes all over the island and meet a REALTOR to take advantage of the market! Prices are low, the weather is great, and Aloha still lives here on the Big Island! Come visit us at [...]
During the weekend of April 28th-29th, REALTORS® across West Hawaii and the United States will be hosting thousands of open houses as part of the 3rd Annual REALTOR® Nationwide Open House Weekend. The goal of the event is to give buyers the opportunity to easily see a wide range of homes for sale in a [...]
The biggest story for the North Kona real estate market, by far, is the decreased inventory in the residential markets. Last April 15th, 2011, the Kona inventory stood at 273 homes on the market under $4.0 Million. That number on April 15th, 2012 is 148 homes.
Hawaii Life Real Estate Brokers did it again! In 2011, comparing over 40 prime Hawaii state wide Real Estate firms, Hawaii Life Real Estate Brokers came in the top 5! What, What? Well, according to a recent Pacific Business News yearly ranking of gross residential sales. Keep in mind, that this is along with long time, established large companies in the [...]
I’m excited. As an almost new homeowner of Waihonua, I just put in my second deposit. Now, it’s final, or I lose my deposit. Scary for anyone to think, but exciting, because if you can get into this one at the bottom, there’s only more room to go up. Our future home in Kakaako, it [...]
This is more encouraging news for first-time home buyers in Hawaii. An article from HawaiiNewsNow.com announced that the Hawaii Housing Finance and Development Corporation is now making $43 million in loan funds available to eligible first-time home buyers through its Hula Mae program. Participating lenders in this program will not only offer a 30-year mortgage [...]
A freak hailstorm pelted Hawaii with golf-ball to baseball-sized chunks of hail on March 9, 2012. A 30-minute hail storm Friday over windward Oahu was “unprecedented,” for Hawaii, said Tom Birchard, senior meteorologist for the National Weather Service in Honolulu. Not only is it highly unusual for hail to fall over Hawaii, but some stones that [...]
We sometimes forget the progress this market has made over the past two years. We took a look at a few market segments to see how many short sales and foreclosures are out there. Seems like over the past few years these types of listings were dominating the market, and at some point in various [...]
Fannie Mae’s March Report Here are some record numbers we found interesting in Fannie Mae’s March Report (emphasis added): 33% percent of respondents expect home prices to increase over the next 12 months, the highest level over the past 12 months. The percentage of respondents who say it is a good time to buy rose [...]
Why the recent disconnect between inflation and housing points to good news ahead. We came across this article the other day on Scott Grannis’ financial blog. Here’s a summary of his line of reasoning:
HAWAI'I LIFE