8/25/2008 5:05:00 PM
California Realtors report homes selling more quickly...and why this is important to Hawaii
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 ...
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8/13/2008 7:14:00 PM
Greenspan predicts U.S. house prices will begin to....
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 ...
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8/1/2008 3:44:00 PM
Weekly Mortgage News-Housing Rescue Bill
The Fannie Mae 30-Year Fixed mortgage rates did improve slightly this week to 6.375%, down from 6.5% last Friday. One of the reasons for improving mortgage rates this week is that the initial jobless claims increased by 44,000 to a total of 448,000 which was ...
Views: 42
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7/21/2008 5:41:00 PM
Real Estate Market Expected to Improve with New President
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® ...
Views: 63
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7/16/2008 5:07:00 PM
2nd Quarter Big Island Sales Data
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 ...
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7/3/2008 7:38:00 PM
Big Island Home Sales for June
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 ...
Views: 65
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7/3/2008 7:34:00 PM
How to Avoid Becoming a Victim of ‘Mortgage Rescue’ Scams
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 ...
Views: 54
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6/23/2008 8:15:00 PM
Over the horizon, a housing recovery
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 ...
Views: 95
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6/14/2008 9:17:00 PM
Hawaii ranked 42nd in the nation in foreclosures
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 Hawaii ...
Views: 80
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6/5/2008 4:31:00 PM
Big Island Home Sales for May
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 2008, ...
Views: 79
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