The Hawaii Team Real Estate Blog
High Shots
In the last few years, you may have noticed a trend toward using aerial shots to market real estate. It wasn’t too long ago that you’d have to rent a helicopter or a plane in order to get photography of large ranches or luxury homes with acreage....
How the Tax Credit Works
Courtesy of Michelle Singletary Washington Post. Under the new housing bill, home buyers who have not owned a home in the last three years will be eligible for a tax credit equal to 10 percent of the property up to a maximum of $7,500. Here’s how it works:...
I’ve been telling you we hit the bottom
Take a look this article from this week's Washington Post. I think it states what many people have been saying and that's simply we've hit the bottom of the barrel. Housing particularly in Colorado is not going to drop further. A team of economists who created a...
More Custom Home Builders
More builders are getting into the custom home business because there is more profit and less risk that units will go unsold. The custom share of the market tends to go up during down times, while production building peaks during boom times, according to Steve Melman,...
Senate Passes Housing Bill
This will surley help a lot of people. Please read from the Associated Press: The U.S. Senate on Saturday passed a bill that would stem foreclosures by allowing some 400,000 home owners refinance into affordable, government-backed loans. The bill, strongly supported...
A Creative Buying Strategy
I recently crossed paths with a gentleman executing a creative buying tactic. Since it’s a buyers’ market, he figured this would be his opportunity to cash in on a great deal. So he came up with an innovative plan for getting what he wanted. First,...
Four Arrested in Craig’s List Scam
Be careful when shopping on craigslist. See this weeks article from Barbara Ross and Dave Goldiner at the NY Daily News. Four real estate scam artists used Craigslist to defraud thousands of apartment hunters in New York City out of a total of $1 million over nearly...
Small Is Better?
With todays economic woes smaller homes may be better. Check out this story from Sara Lin in the Wall Street Journal. However, home buyers these days increasingly are interested in smaller homes that consume less energy and encourage interaction among neighbors....
Some Buyers Asking For A Sleep Over First
This is a risky proposition, but in this market I think you have to try everything. With that said make sure you read the last line of the article about talking with your insurer and attorney before trying this. Reality TV shows like HGTV’s “Sleep On Itâ€...
6 Things Realtors Do to Turn Off Clients
If you are thinking about buying or selling a house you might want to check this list first beacuse you'll want to avoid these types of Realtors. Of course, you aim to be highly regarded by both clients and colleagues as effective, professional, and ethical. So make...
Should We License Mortgage Lenders and Brokers?
I would love some feedback on this topic. Please leave a comment on whether or not you think mortgage lenders and brokers should be forced to participate in a national registration and licensing program. See the article below from Ken Harney with Realty Times. As the...
Sell Your Home Fast
Yes the below article from the Philadelphia Inquirer is true. It is possible to sell you home fast even in this market. Check out the tips: While most homes are staying parked on the for-sale market for a longer time these days, occasionally a residential property...