by Dan Polimino | Mar 25, 2009 | Hawaii Real Estate
The very wealthy seem to be mostly immune from recent economic downturns. BusinessWeek ranked America’s wealthiest towns based on the 2008 net income and 2008 net worth of their residents. Here’s BusinessWeek’s list of America’s top 10...
by Dan Polimino | Mar 23, 2009 | Hawaii Real Estate
After reading this title you’re either saying, “No one is buying homes off Facebook,†or you’re thinking “What the heck is Facebook?†Don’t worry. I’ll explain both. Facebook is a social networking Web site. What’s...
by Dan Polimino | Mar 14, 2009 | Hawaii Real Estate
President Barack Obama signed a bill into law Wednesday that permanently prohibits banks from entering the real estate brokerage and management business. The bill–H.R. 1105, the Omnibus Appropriations Bill–ends the National Association of REALTORS’...
by Dan Polimino | Mar 6, 2009 | Hawaii Real Estate
The U.S. House approved legislation on Thursday that will allow bankruptcy judges to lengthen terms, cut interest rates and reduce the principal owed by bankrupt borrowers. The so-called “cramdown” bill (the actual name of the bill is the “Helping...
by Dan Polimino | Mar 2, 2009 | Hawaii Real Estate
What’s the formula for jump-starting the nation’s economy? That’s the question of the year and one that dominated the news in this past month of February. Rightly so. Everyone seems to have an opinion regarding the right answer, so...
by Dan Polimino | Feb 6, 2009 | Hawaii Real Estate
Housing could get a big boost from the latest addition to the mammoth stimulus bill working its way through Congress. Senate legislators unanimously approved a proposal Wednesday that would allow a tax credit for home buyers of 10 percent of the value of new or...