The Hawaii Team Real Estate Blog
Obama or McCain?
Ok take a look at this article this week from Jeannine Aversa at the Associated Press. I would truly like to know your thoughts on who would do a better job at handling the housing crisis. Please leave your comments below after reading the article. Which candidate...
How Do I Price My Home In This Market
In answer to this question, one appraiser I recently spoke with jokingly said, “How about a dart board?†Seriously, though, a lot of people are ready for a dart board. Since the mortgage crisis began last August, every lender in the good ole US of A is sweating...
Pick Up a Celebrities Home Cheap
It looks like regular people are not the only ones having money troubles. See this story from Chris Palmeri at Business Week. The problems faced by entertainer Ed McMahon have been widely publicized, but other well-known people are in similar straits. Boxer Evander...
How About Swapping Your Home?
I saw this article this week by Frank Nelson in the LA Times and thought given the current economic conditions this might not be a bad idea. Read on: Several Web sites have sprung up to connect owners interested in house swapping, not just for a vacation, but for...
More Than Just Your Credit Score
It looks like we'll be hearing a lot more of this as the credit industry struggles to make it self over. Take a minute and read: Fair Isaac Corp. and the credit bureaus have rolled out numerous products to provide lenders and investors with alternatives to the FICO...
Home Ownership Falling
A few weeks agao I wrote on this blog that now was the time to invest in apartments. If you have some disposal income and are looking for opportunities in this market why not take a look at apartments. Here is some data from the census bureau on home ownership...
Invest in Apartments
If you are thinking about investing in companies that manage apartment complexes than now is the time. See this article from Andrew Leckey of the Tribune Media Service. The stocks of companies that own and manage self-storage buildings, apartment complexes, shopping...
Copper is Big Business
Copper is big business so home owners beware. See this article I found earlier this week from the National Association of Realtors. With copper at more than $4 per pound, thanks to demand in Asia, home owners should guard the metal like it was gold. "You would never...
FHA to lift 90 day waiting period
The Federal Housing Administration is lifting the mandatory 90-day waiting period it instituted in 2003 that delays the sale of REO properties. The waiting period, which never applied to properties sold by Fannie Mae, Freddie Mac or state- and federally chartered...
So you want to go short Part two
Last week I started a two-part series looking at considerations when purchasing a home being sold as a “short sale.†If you missed the first installment, go to www.coloradodreamhouse.com and click on the “News†button. Now, picking up where we left off last...
Buy A Home No Money Down
Here is some hope for those people who would still love to own a home, but do not have the down payment. Read on from the Washington Post: Despite banks’ reactions to the foreclosure crisis, it’s still possible for a potential homeowner to buy with...
The 10 Best Places to Live
Every year various magazines put out their lists of the best places to live. Here is Kiplingers's version for 2008. Where are the best cities in the country to live, work, and play? Kiplinger Personal Finance magazine did its best to answer that question in its 2008...