Mike Drutar REALTOR (S) e-PRO

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• 2011 Hawaii Real Estate Year In Review, A Look Toward 2012

  We have a lot of data to look into, so let’s dive in. We’ll start with the December data, then the 4 th quarter data, then a look at the year in review and what to expect in 2012. North Kona December There were 32 houses sold compared to 36 Read More... Posted Wednesday, January 04, 2012 1:34 PM by Mike Drutar R(S) ABR, e-PRO | 0 Comments Filed under: Real Estate, Market Conditions, For Sale, Announcements, Industry, Finances, Buyer Information, Seller Information Attachment(s): hawaii lava.jpg

• Weekly Mortgage News-Housing Rescue Bill

  The Fannie Mae 30-Year Fixed mortgage rates did improve slightly this week to 6.375%, down from 6.5% last Friday. One of the reasons for improving mortgage rates this week is that the initial jobless claims increased by 44,000 to a total of 448,000 which Read More... Posted Friday, August 01, 2008 11:44 AM by Mike Drutar R(S) ABR, e-PRO | 0 Comments Filed under: Real Estate, Industry, Finances

• Short Sales Being Derailed By Second Lien Holders

  Aloha, It sure is not fun to talk about, but in the current market we are seeing quite a few "Short Sales". What is a Short Sale? A short sale is when a bank or mortgage lender agrees to discount a loan balance due to an economic hardship on Read More... Posted Friday, May 16, 2008 2:09 PM by Mike Drutar R(S) ABR, e-PRO | 0 Comments Filed under: Industry, Finances, Seller Information, Short Sale