The Hawaii Team Real Estate Blog
Drop Price and Sell, or Find a Renter?
Saw this article this past week in the Washington Post from Benny L Kass. Great information for you sellers trying to figure out what to do? Home owners who are having a tough time selling their homes face a hard decision – should they drop the price in hopes of...
Will The Senate Agree With The Congress On A Bailout Plan?
I would be intestered to hear what you think about Congress's plan to help home owners and the foreclosure issue. Last week the Congress approved a plan and this week the Senate is pondering the same plan. Here's the latest update from the wire: It is now the U.S....
Dacono Here I Come
Media reports say that Weld County suffered from a high rate of foreclosures in 2007, which is true. But what most people don’t know is the majority of these foreclosures concentrated in one area. According to MetroList, Greeley did lead the nation during...
The “Frank Plan”
Ok all you jumbo loan borrowers for luxury homes. Here is the latest from Congress on how they plan to help you out. This aricle was published in the Boston Globe earlier this week. Expressing dissatisfaction with the mortgage industry's response to congressional...
Look for the Bloom Instead of the Gloom
Fuller Towne and Country Managing Broker George Leonard is frustrated. So are a lot of other Denver area realtors. It seems the media reports of Denver’s real estate market are, shall we say, on the dark side. Like others, Leonard is ready for a few positive...
Bank of America Makes Promises to the FED
Lets watch this and really see if the FED buys what Bank of America is selling. Read on from earlier this week in the LA Times. Bank of America will tell the Federal Reserve today that if it is allowed to buy Countrywide Financial Corp., it will help more than 265,000...
Builders Down Size to Offset Costs
This should not come as a suprise to many people, but builders are not only cutting back on home production, but size as well. I saw this article earlier this week from Alllan Lengel in the Washington Post. Read on: Home builders are cutting back on square footage and...
Is There A Housing Boom On The Horizon?
Among all of the doom and gloom regarding the housing market, the economy and the price of oil, I read an inspiring article last month by Robert Freedman in Realtor magazine. In it Freedman explains that while there is no current great demand for new housing, the...
Better Financing for Luxury Homes
This is good news for those of you looking to buy a luxury homes this spring. Check out this article from Kimberly Blanton at the Boston Globe: Fannie Mae and Freddie Mac agreed last Friday to buy more jumbo loans from major lenders, making it easier for borrowers to...
Taking Green to a Whole New Level
A near-zero energy home – given the current soaring energy cost, who could possibly object to that? Harvard Communities President John Keith is banking on the fact that no one will object, but rather they’ll be knocking down the door to find out more. Keith...
Bargain Home Prices Boost Sales
Check out this story from the USA Today. I have found this to be true. Recently I have been working with alot of first time home buyers as well as investors. The first time home buyers have been at a bit of a disadvatage beacuse cash rich investors are beating them to...
Report Casts Doubt on Dem’s aid plan
For readers to my blog I would be interested in finding out what you thought of this plan. Should the government buy troubled loans? Below is the news story from Reuters. A plan by congressional Democrats to aid underwater home owners by having the government buy...