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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 compared to 26 in January of last year. That is a combined total of only 1 less sale. The ...
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Hawaii of course!!
http://www.bizjournals.com/pacific/news/2011/11/09/hawaii-no-1-state-where-americans.html
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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 (8.1%). So, distressed sales make up about 25% of the listings. We have had a total of 2058 ...
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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 $558,230 in June of 2007, and $559,036 in May.
Condo sales in North Kona ...
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Copied from RISMEDIA:
RISMEDIA, July 4, 2008-For a homeowner facing the frightening threat of foreclosure, the offer seems too good to be true. A “mortgage rescue” company steps forward, claiming to be able to help you save your credit and your home.In some cases, the “mortgage rescue” company provides phantom help ...
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