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Stability remains consistent and strong once again in the West Hawaii housing market. North Kona Overall sales were very stable in North Kona in January. We had 26 residential sales compared to 21 in January of last year. For condominiums, we had 20 sales Read More...
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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...
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We are seeing fewer distressed properties on the market. Currently there are 2393 active and in escrow listings of houses and condos on the entire island. 349 of those are short sales (14.5%), 66 are pre-foreclosure (2.7%), and 194 are bank owned sales Read More...
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October once again showed the market stability we have become accustomed to seeing. North Kona had 36 residential sales, up 4 from last month and up 9 from October 2010. There were 19 condo sales, up 2 from last month and down 1 from October 2010. The Read More...
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September continued the trend over the last few months of a stable real estate market. Units sold are not really gaining or slowing with any consistency, and the median prices are doing the same as well. Overall for September we had a total of 3 fewer Read More...
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North Kona There were 31 residential sales in North Kona last month. August of 2010 saw 28 and July saw 33, so we continue to look stable. We saw 27 condos sold, same as last year and just below the 30 from July. The median price for residential sales Read More...
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As we enter the midway point of the year, we have seen a mostly stable market. We have been keeping our eyes open for signs of a real estate “double dip” and so far we have had very mixed data. We do expect to see foreclosures keeping prices Read More...
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Aloha, As I mentioned last month, April was expected to have numbers lower than April of last year. This was not due to a slowdown in the market, but more about the fact that April of last year was very strong. The final numbers are in and it looks like Read More...
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The end of the first quarter is already upon us, and the news continues to show strengthening in the West Hawaii market. Even negative data is balanced by positive data. North Kona The North Kona residential market continues to improve by all measures. Read More...
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North Kona We continue to see signs of improvement in the real estate market. North Kona had 35 residential sales compared to 21 in February of last year and 20 in January. Condos sold hit 23 compared to 24 in February of 2010 and 26 in January. Year Read More...
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North Kona We saw 20 residential sales compared to 23 in January of last year and 35 in December. January is usually a lower month; sales in January are on contracts written in December and late November, times of the years when peoples attention is not 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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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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