by Dan Polimino | Sep 14, 2009 | Hawaii Real Estate, Luxury Market
Quick Answer: The 2009 stimulus plan initially injected funds into state and local infrastructure projects, but critics argue it did not produce sustainable economic recovery because it functioned as a one-time infusion rather than a catalyst for long-term private...
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 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 29, 2009 | Luxury Market
Quick Answer: While national forecasts from entities like Moody’s Economy.com once predicted a market bottom around late 2009, the luxury real estate market on the Kona-Kohala Coast in 2024 is showing resilience with sustained demand. Current data indicates...
by Dan Polimino | Mar 27, 2009 | Luxury Market
Quick Answer: Despite broader economic concerns, 78% of prospective buyers in a 2009 survey felt it was a good time to buy, driven by low interest rates and reduced prices. For luxury second-home buyers on the Kona-Kohala Coast, this sentiment often translates into...
