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Category Archives: Real Estate Information

The Government’s Revamped HARP Program For Underwater Homeowners

The Federal Home Finance Agency announced big changes to its Home Affordable Refinance Program Monday. More commonly called HARP, the Home Affordable Refinance Program is meant to give “underwater homeowners” opportunity to refinance. Continue reading

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Homeowners – As Mortgage Rates Dip, Consider Refinancing

Following the Fed’s announcement last week, the national average rate on a traditional 30 year fixed rate has inched lower from where it was at the start of the quarter. This is a good time for homeowners to take advantage … Continue reading

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‘There goes the neighborhood?’ How to mend nearby foreclosures.

What can you do about a blighted property in your neighborhood? You have a few options. A foreclosure on your block can do more than spoil the view from your window. A foreclosed eyesore can damage the financial health of … Continue reading

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Existing Home Sales Jump; Home Supplies Falling

According to the National Association of REALTORS®, Existing Home Sales rose 8 percent in August. Continue reading

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Short Sale Fraud – Dont get Caught in This Scam

As the market is evolving, we are seeing a growing trend in sales that being the Short Sale or as some refer to the “The Long Painful Sale”.  All kidding aside, the new trend in the distressed market is the … Continue reading

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Market Conditions Creating Opprotunities for Real Estate Investors

The growing number of renters in the market combined with low home prices and historically low interest rates is creating a phenomenal opportunity for the real estate investor.  There are tremendous deals right now in the real estate market.  And … Continue reading

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Posted in Hawaii, Hawaii Real Estate, Home Buyers, Home Sellers, Kauai, Real Estate Information, Real Estate News, Uncategorized | Tagged , , , , | Comments Off on Market Conditions Creating Opprotunities for Real Estate Investors

Short Sale Forecast According to Industry Opinions

According to John Vella, COO of Equator, short sales will remain strong for the next several years. Said Vella, “Short sales will be very prominent over the next 2-3 years as foreclosure inventories increase and remain somewhat stagnant. The elongated … Continue reading

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Posted in Big Island, Hawaii, Hawaii Real Estate, Home Buyers, Home Sellers, Homes For Sale, Kauai, Maui, Oahu, Real Estate Information, Real Estate News | Tagged , , | Comments Off on Short Sale Forecast According to Industry Opinions

Foreclosures Slow Down

If you have been out shopping for a bank foreclosure or REO lately you probably have noticed less and less of them on the market.  Why is this?  Well there could be several reasons for it. 1.  More buyers in the … Continue reading

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The Price Gap is Closing

Over the past couple of weeks, our office has experienced a significant up-tick in buyer behavior, and we aren’t the only ones! New listings in certain market categories, particularly REO’s, are getting 8-12 offers within the first 24 hours, the … Continue reading

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3.8% Tax on the Sale of Your Home

Beginning January 1, 2013, a 3.8 percent tax on some investment income will take effect.  The tax was passed by Congress in 2010 to assist the funding of President Obama’s health care and Medicare plans. Unless it is repealed prior to … Continue reading

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