by Dan Polimino | Jul 31, 2021 | Buying, Hawaii Real Estate, Luxury Market, Neighborhood News, Selling
Quick Answer: The mainland real estate market is experiencing a significant slowdown, characterized by fewer showings, price reductions, and longer days on market. Historically, Hawaii’s luxury market lags mainland trends by several months. While a moderation in price...
by Dan Polimino | Apr 3, 2021 | Blog, Buying, Luxury Market, Selling
Quick Answer: The Kona-Kohala Coast luxury real estate market is not crashing; it’s normalizing after an unsustainable frenzy. While interest rates are rising and buyer caution is increasing, demand for unique, high-quality properties remains strong, albeit at a...
by Dan Polimino | Aug 16, 2018 | Blog, Buying
Quick Answer: A bridge loan can be an excellent short-term financial tool for luxury buyers on the Kona-Kohala Coast. It allows you to secure your next dream home in areas like Hualalai or Mauna Kea without waiting for your current residence to sell. Bridge loans...
by Dan Polimino | Jun 14, 2018 | Blog, Buying
Quick Answer: The Hawaii Team leverages its network within Keller Williams Realty to connect you with personally vetted luxury real estate specialists across the United States. We match you with an agent suited to your specific needs, whether you are purchasing a...
by Dan Polimino | Apr 13, 2017 | Buying, Luxury Market, Selling
Quick Answer: Receiving multiple offers on your luxury home in Hawaii is exciting but complex. Review all terms carefully, not just price. Stay objective and rely on your agent’s expertise to negotiate the strongest overall deal, including contingencies, closing...
by Dan Polimino | Feb 3, 2015 | Buying, Financing, Selling
Quick Answer: In Hawaii, your earnest money deposit, typically 1% to 3% of the purchase price for a luxury property, is held in escrow and is generally returned to you if the sale fails due to seller default or mutual agreement. However, if you as the buyer default on...