by Dan Polimino | Jun 1, 2009 | Hawaii Real Estate, Investing, Luxury Market
Quick Answer: Owning a second home or vacation rental on the Kona-Kohala Coast involves significant financial risks, including potential market downturns, unexpected maintenance costs, and the personal consequences of financial distress if not managed carefully. While...
by Dan Polimino | Apr 17, 2009 | Hawaii Real Estate
Quick Answer: Federal housing programs like “Making Home Affordable” are designed for distressed primary residences and have virtually no direct impact on the luxury vacation rental market on the Kona-Kohala Coast. High-net-worth buyers and investors typically operate...
by Dan Polimino | Apr 8, 2009 | Hawaii Real Estate
Quick Answer: Hawaii’s consistent ranking among the happiest states, supported by strong employment levels and relatively low foreclosure rates, is often associated with a stable and desirable real estate market. This environment can contribute to steady demand for...
by Dan Polimino | Apr 4, 2009 | Hawaii Real Estate
Quick Answer: The 53 Hour Open House Event at 8170 Sawgrass Dr, Lone Tree, CO continues this weekend, offering prospective buyers a chance to tour homes and enter a drawing to win $1,000 cash. The event runs from 9 AM to 5 PM today and tomorrow, with online viewing...
by Dan Polimino | Apr 2, 2009 | Hawaii Real Estate
Quick Answer: Rising pending home sales, as reported by the National Association of REALTORS® (NAR), generally signal increased buyer confidence and market activity. For your luxury condo on the Kona-Kohala Coast, this trend suggests a more robust market with...
by Dan Polimino | Apr 1, 2009 | Hawaii Real Estate
Quick Answer: Top economists present a divided outlook, with some forecasting a fragile recovery and others predicting a prolonged recession. For the Kona-Kohala Coast luxury market, this means potential buyers could see stable values due to limited inventory, while...