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Aloha, I want to give you the results of the 2 nd quarter sales numbers and the July sales numbers. I’ll also go into some detail about foreclosure sales, short sales, and the home loan modification program. Hopefully this information will be helpful Read More...
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Aloha e v e ryon e . Th e first quart e r of this y e ar has b e e n action pack e d with political, financial, and r e al e stat e n e ws. For e closur e numb e rs ar e at r e cord l e v e ls, and e xp e ct e d to continu e to grow for th e n e xt y Read More...
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2008 was one of the most challenging years on record for the real estate industry. As you might imagine, the Hawaii market has suffered along with the rest of the nation. While we look forward to 2009 with hopeful optimism, now is a good time to reflect Read More...
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Someone once said about the Hawaii economy, "When California gets a cold, Hawaii gets the flu". Given that, this article from Pacific Business News is worth noting. California Realtors report homes selling more quickly The unsold inventory index Read More...
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NEW YORK (Reuters) Former Federal Reserve Chairman Alan Greenspan predicts U.S. house prices will begin to stabilize in the first half of next year, even as he faulted the government's rescue of mortgage market giants Fannie Mae and Freddie Mac, the Read More...
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Copied from RISMEDIA RISMEDIA, July 22, 2008-Nearly half of all home buyers (44%) believe the housing market will improve once the new President takes office in January, 2009, according to a new survey recently released conducted by Harris Interactive® Read More...
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Residential: There were 326 single family homes sold on the entire island in the second quarter this year. This number is down from the same period last year where we saw 463 sales, but up from this years first quarter total of 293. The median sales price Read More...
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June house sales in North Kona were down 38% versus June of 2007, with 19 sales. This number was also down from May where we saw 28 sales. The median sales price for single family homes also fell. The June median sales price was $505,000, compared to Read More...
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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...
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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...
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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...
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Copied from an article in Pacific Business News by Adam Kress The latest read on the national housing market shows home values are continuing to drop at historic rates. The Washington-based Office of Federal Housing Enterprise Oversight reported Thursday Read More...
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One of the more interesting articles I have read in the last few years appeared in the Wall Street Journal on Tuesday. I have copied the article below. The article compares the housing situation today with the benchmarks of the end of the housing crisis Read More...
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