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 [...]
Are you looking for a Kauai home for sale? This 3 bedroom/2 bathroom Kapaa home for sale (MLS# 247499) might be worth checking out. Kealia Beach – One of Kauai’s east side beaches For Help Navigating the Kauai Real Estate Market It is now being sold as a short sale. Many who have been looking [...]
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:
Condo sales in Waikoloa Village were extremely weak with just one condo sale closing in February. The one sale was a short sale in the Paniolo Club complex. This is even worse than January’s sales number of 2 condos. Here is a look at that one sale:
At the end of December, I predicted that the Halii Kai developer would sell out this season, that listings below $500,000 would move (especially the short sales), and that one of the two oceanfront listings seemed a best buy – and, therefore, that serious buyers should not hesitate. In mid-March, it looks like for once [...]
We sent this information to a client recently and thought it was indicative of what seems to be happening in, at least, the resort market. The Waikoloa Beach Villas in the Waikoloa Resort has had three sales so far in 2012 of 2-bedroom condos. See the summary below. Note the average sale price (line 2) [...]
(Honolulu, Hawaii) Attention old Countrywide or current Bank of America borrowers…If you are frustrated dealing with your loan modification or short sale with the lender, don’t give up. It is widely known that Bank of America has been one of the most painfully slow and most difficult banks to work with, especially when attempting a short sale. However, with its new [...]
A group of local Kauai professionals will come together this Thursday (3/15/12) to present two free informational workshops entitled, Home Ownership Now. The workshops will be held on March 15th at the Lihue Plantation Building, located behind the Lihue Post Office on Rice Street. The first workshop begins at 4:30PM and on-site registration starts at [...]
It is increasingly difficult to find short sale or foreclosure opportunities at the Kohala Coast Resorts. We’ve already closed on a few this year; there are two dozen resort condo short sales with accepted offers (several with approval in actual escrow) and one REO in escrow at Kolea. I find myself in the eye-opening situation of having [...]
Condo living is very popular as you have many amenities, but no responsibilities for exterior maintenance. 3. Unlike Canada, where a seller must bring a home up to code when selling, a seller does not have to repair a property before selling it. Hawaii law does require the seller to complete a seller’s disclosure on [...]
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