The Hawaii Team Real Estate Blog
NAR Agrees With Obama Recovery Plan
THE NATIONAL ASSOCIATION OF REALTORS® expressed support of President Obama’s broadened focus of the nation’s economic recovery that stresses housing stability and making health care an important component of his economic revitalization strategy, in...
The 10 Most Affordable Cities To Buy A Home
More people can afford a house today than in the last five years, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index. A family earning the national median income of $61,500 a year would be able to buy more than 60 percent of...
More Housing Assistance Information On The Way Today
The Obama administration is considering plans to subsidize mortgage payments for owners facing financial troubles and allow underwater homeowners to refinance. Plans are likely to be announced Wednesday. The refinancing proposal is expected to include a test that...
Serious Inventory Reduction
Here’s a trivia question for you: At what point were more homes on the Denver and surrounding suburbs market than any other time in recent history? I’ll let you know the answer in a minute, but I’m asking this question to prove a point, and...
Try It Before You Buy It
Before you by a car, you most certainly will take it for a test ride. Before you purchase a pair of pants, you’ll try them on for fit and comfort. And before you place that 52-inch plasma in your home, you’ll watch dozens of flat screen TVs while...
15,000 dollar tax credit approved by Senate
Housing could get a big boost from the latest addition to the mammoth stimulus bill working its way through Congress. Senate legislators unanimously approved a proposal Wednesday that would allow a tax credit for home buyers of 10 percent of the value of new or...
Have You Thought About Land Lately?
Raw undeveloped land hasn’t exactly topped the real estate market recently, and there are several reasons for this. Builders have avoided it like the plague. Since they couldn’t sell their current inventory of built homes, the last thing many of them...
Why You Need A Local Lender
Last year I was involved in a few transactions where the buyers used out-of-town lenders, and in all cases these lenders almost blew the deals for their buyers. Why do people use lenders outside of Colorado? Many high-end buyers prefer to purchase properties using...
Life Is One Big Negotiation
I play a few roles in life. I'm a husband, a father, a business owner, a professional speaker, a writer and a real estate agent. In wearing all these different hats, I've noticed at least one thing is consistent. Whether I'm trying to get a buyer and a seller to agree...
Builders Hold Up New HUD Rule
In response to a suit over the Real Estate Settlement Procedures Act (RESPA) by the National Association of Home Builders, Housing and Urban Development has delayed implementation of a controversial rule change for 90 days until April 16. The new rule would have...
Obama On The Foreclosure Crisis
President-elect Barack Obama said in an interview Sunday on ABC’s “This Week†that the government hasn’t done enough to prevent foreclosures. "I think that when you look at how we have handled the home foreclosure situation and whether we've done...
It’s Never Too Late For A Fresh Start
I heard a story not too long ago about some scientists that found seeds perfectly sealed in an air-tight compartment of a time capsule. The scientists weren’t sure what the seeds were or how long they’d been there. In the lab they discovered the...