by Dan Polimino | Jul 13, 2009 | Buying, Hawaii Real Estate, Luxury Market, Selling
Quick Answer: The current luxury real estate market on the Kona-Kohala Coast shows a noticeable disconnect between sellers and buyers. Sellers often base their prices on past peak valuations, while buyers respond to rising interest rates and increasing inventory. In...
by Dan Polimino | Jun 29, 2009 | Buying, Hawaii Real Estate, Luxury Market, Selling
Quick Answer: The Kona-Kohala Coast luxury real estate market is currently experiencing a shift, with properties taking longer to sell and price adjustments becoming more common. While not a downturn, it represents a recalibration from the recent seller’s...
by Dan Polimino | Jun 16, 2009 | Buying
Homebuyers may be surprised to find that homeowners insurance isn’t going down, despite precipitous declines in sale prices.
by Dan Polimino | Jun 15, 2009 | Buying, Financing, Hawaii Real Estate, Selling
Quick Answer: When interviewing Kona-Kohala Coast realtors for your luxury second home or vacation rental, prioritize agents who demonstrate integrity through transparent communication, a proven record of ethical conduct, and a deep understanding of local market...
by Dan Polimino | May 18, 2009 | Buying
Quick Answer: While 100% financing for a second home or vacation rental on the Kona-Kohala Coast is rare, programs such as USDA Rural Development and VA loans offer no-down-payment options primarily for primary residences in qualifying areas or for eligible veterans....
by Dan Polimino | May 13, 2009 | Buying
Quick Answer: The federal First-Time Home Buyer Tax Credit, which offered up to $8,000 for qualifying purchases, expired on April 30, 2010. While this specific program is no longer available, other federal and state assistance programs may exist for Hawaii residents....