Mike Drutar REALTOR (S) e-PRO

June 2008 - Posts

• Over the horizon, a housing recovery

  By Beth Braverman, CNNMoney.com The current housing market is bleak: home prices and sales are plummeting, foreclosure proceedings are skyrocketing and mortgage rates are on the rise. When will things be better? A new study from the Joint Center for Housing Read More... Posted Monday, June 23, 2008 4:15 PM by Mike Drutar R(S) ABR, e-PRO | 0 Comments Filed under: Real Estate, Market Conditions, Buyer Information, Seller Information

• Hawaii ranked 42nd in the nation in foreclosures

  After being ranked 36th in the nation for foreclosures in the month of April, Hawaii dropped to 42nd in May. Hawaii had 162 foreclosures in May, down 22% from April, but up 25% from May 2007, when there were 129 foreclosures. The foreclosure rate for Read More... Posted Saturday, June 14, 2008 5:17 PM by Mike Drutar R(S) ABR, e-PRO | 0 Comments Filed under: Real Estate, Market Conditions, Finances, Buyer Information, Seller Information

• Big Island Home Sales for May

  Big Island home sales continued their decline in May, with 35% fewer single family home and condominium units sold than in May of 2007. The median price of single family homes for the entire island fell from $439,500 in May 2007 to $390,000 in May of Read More... Posted Thursday, June 05, 2008 12:31 PM by Mike Drutar R(S) ABR, e-PRO | 0 Comments Filed under: Real Estate, Market Conditions, Buyer Information, Seller Information