Mike Drutar REALTOR (S) e-PRO

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 compared to 26 in January of last year. That is a combined total of only 1 less sale. The ...

Hawaii of course!! http://www.bizjournals.com/pacific/news/2011/11/09/hawaii-no-1-state-where-americans.html

http://realestate.yahoo.com/promo/has-the-housing-market-finally-hit-bottom.html 

We have a lot of data to look into, so let’s dive in.  We’ll start with the December data, then the 4th 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 last December, and 40 condos sold compared to 34 last year.  That’s a ...

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 (8.1%). So, distressed sales make up about 25% of the listings. We have had a total of 2058 ...

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 was $329,000 a nearly 20% decrease form $408,500 last year. And down from $353,000 in ...

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 sales were down slightly for houses and down quite a bit for condos.North KonaWe had ...

Aloha, I want to give you the results of the 2nd 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 to you or someone you know. 2nd Quarter DataWe saw a spike in sales ...

Aloha everyone.  The first quarter of this year has been action packed with political, financial, and real estate news.  Foreclosure numbers are at record levels, and expected to continue to grow for the next year; interest rates have been their lowest ever, and look to stay down; and some segments of the local market are showing signs ...

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 Wall Street Journal reported on Thursday. "They should have wiped out the shareholders, ...