by Dan Polimino | Apr 29, 2008 | Luxury Market
Quick Answer: Despite national economic uncertainties, key demographic shifts suggest strong underlying demand for housing, particularly in desirable markets like the Kona-Kohala Coast. Factors such as a growing population of first-time and second-time homebuyers,...
by Dan Polimino | Apr 25, 2008 | Luxury Market
Quick Answer: New Fannie Mae and Freddie Mac jumbo loan limits make financing luxury homes easier, potentially lowering interest rates and increasing buying power for your Hawaii second home or vacation rental, particularly for properties on the Kona-Kohala Coast. Key...
by Dan Polimino | Apr 9, 2008 | Luxury Market
Quick Answer: In 2007, vacation homes represented 11% of all home sales with a median price of $195,000, while investment properties accounted for 22% with a median price of $170,000. Although the data comes from 2007, it highlights how second homes have long been a...
by Dan Polimino | Apr 3, 2008 | Luxury Market
Quick Answer: While a Disney luxury development like Golden Oak offers unique proximity to theme parks, a second home on Hawaii’s Kona-Kohala Coast typically provides stronger long-term appreciation potential, higher rental income yields, and a more diverse...
by Dan Polimino | Apr 1, 2008 | Luxury Market
Quick Answer: The Bush administration’s proposed financial market overhaul, detailed in April 2008, aims to stabilize the broader financial system by consolidating regulators and expanding the Federal Reserve’s oversight. For luxury homeowners on the...
by Dan Polimino | Mar 13, 2008 | Luxury Market
Quick Answer: Many buyers consider the current market conditions on the Kona-Kohala Coast an attractive opportunity to purchase luxury property. Price adjustments in some segments of the market, combined with relatively favorable financing conditions, can make it an...
