The Hawaii Team Real Estate Blog
Federal Housing Rescue Plan Is Underway
The Obama Administration’s program to rescue distressed home owners got off the ground this week. The program was announced on Feb. 18, but it took several weeks to put the bureaucracy in place. Six of the nation’s largest banks signed up to...
FHA Is Picking Up Steam
For those of you that follow my column in the Denver Post you know that I tout FHA loans all the time particularly for first time home buyers. Here is some good information about how FHA loans are becoming more and more popular. "Federal Housing Administration loans...
Mortgage Rates Rise After Record Lows
Freddie Mac reports a jump in the 30-year fixed mortgage rate to 4.87 percent during the week ended April 9 from record lows posted during the last couple of weeks. The 15-year fixed mortgage rate climbed to 4.54 percent from 4.52 percent. Meanwhile, the five-year...
The 10 Happiest States
Money can’t buy happiness, but it can make life a whole lot easier. MainStreet.com’s Happiness Index examined household income, debt, employment, and foreclosures to choose the states that are surviving the current economic crisis with the most...
How Low Should You Go?
Most people don’t want to buy in the low. They want to sharp shoot for the bottom. But let’s face it. If you can predict the market’s bottom and buy at the perfect time, you’re either clairvoyant or have impeccable timing. In all...
The 53 Hour Open House Continues All Weekend Long
Hi Everyone the 53 Hour Open House Event had an incredible first day. If you are intown please stop out to Hertiage Estates (8170 Sawgrass Dr, Lone Tree, CO between 9-5 today or tomorrow. You’ll have a chance to win $1,000 dollars in cash. If you can't come...
Home Sale Rise Helps Offset Gloomy Jobs Data
Pending sales climbed at a seasonally adjusted rate of 2.1 percent in February from the previous month, according to the NATIONAL ASSOCIATION OF REALTORS®, up from an all-time low. Double-digit gains in pending sales were posted in the Midwest and Northeast, and the...
Top Economists See Recovery Very Differently
Several economic experts offered Newsweek their opinions about the state of the economy. Here are four of their viewpoints in a nutshell: 1. Allan Meltz, professor at Carnegie Mellon’s Tepper School of Business and a historian of the Federal Reserve: “The...
Now’s The Best Time To Build
You think I’m crazy, don’t you. You may think it’s not a good time to do anything, but I’ve been talking to builders lately and they make a strong case for why it’s never been a better time to build. Cornerstone Homes owner...
Survey: Households Say Now is Good Time to Buy
More than three-quarters (78 percent) of potential first-time home buyers say that now is a good time to buy a home, despite widespread concern about the economy. Out of the 1,000 prospective U.S. first-time home buyers surveyed in early March for the CENTURY 21...
America’s Ten Wealthiest Towns
The very wealthy seem to be mostly immune from recent economic downturns. BusinessWeek ranked America’s wealthiest towns based on the 2008 net income and 2008 net worth of their residents. Here's BusinessWeek's list of America’s top 10 wealthiest...
Buy Your Next Home on Facebook
After reading this title you’re either saying, “No one is buying homes off Facebook,†or you’re thinking “What the heck is Facebook?†Don’t worry. I’ll explain both. Facebook is a social networking Web site. What’s...