240Naalehu Blogshttp://homes.point2.com/Blog/US/Hawaii/Hawai-i/Naalehu.aspxhttp://homes.point2.com/Images/Icons/807AAA359696B2CCC21BE5A099399412.jpghttp://homes.point2.com/2009-12-03T13:09:00-06:00Hawaii (the Big Island), United States Few tourist destinations in the United States have been hurt during the current recession as badly as Hawaii. As hotels and resorts struggle to come up with smart deals, we're looking beyond the lei-wrapped packages ...http://jeffjspaurmanuspaur.point2agent.com/blogs/jeff_j_spaur__manu_spaur/archive/2009/12/3/frommer-s-picks-big-island-of-hawaii-as-top10-destination-in-2010.aspx2009-12-03T13:09:00-06:00Jeff J. Spaur & Manu Spaurhttp://jeffjspaurmanuspaur.point2agent.com/blogs/jeff_j_spaur__manu_spaur/archive/2009/12/3/frommer-s-picks-big-island-of-hawaii-as-top10-destination-in-2010.aspxIf you own a home, considering buying or just want great information go to http://www.houselogic.com/ This is a new site recently launched by the National Association of Realtors. It applies everywhere, so it doesn't matter in you live on the Big Island ...http://jeffjspaurmanuspaur.point2agent.com/blogs/jeff_j_spaur__manu_spaur/archive/2009/11/12/best-resource-on-the-web-for-homeowners.aspx2009-11-12T03:33:00-06:00Jeff J. Spaur & Manu Spaurhttp://jeffjspaurmanuspaur.point2agent.com/blogs/jeff_j_spaur__manu_spaur/archive/2009/11/12/best-resource-on-the-web-for-homeowners.aspxAloha, I want to give you the results of the 2 nd quarter sales numbers and the July sales numbers. I’ll also go into some detail about foreclosure sales, short sales, and the home loan modification program. Hopefully this information will be helpful ...http://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2009/8/10/hawaii-2nd-quarter-and-july-sales-numbers-other-real-estate-notes.aspx2009-08-10T17:00:00-06:00Mike Drutar R(S) ABR, e-PROhttp://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2009/8/10/hawaii-2nd-quarter-and-july-sales-numbers-other-real-estate-notes.aspxReal EstateMarket ConditionsFor SaleAnnouncementsFinancesBuyer InformationShort SalePuna CDP application process reopened The County of Hawai‘i Planning Department has reopened the application acceptance period for the Puna Community Development Plan Action Committee. The deadline to submit an application is 4:30 p.m., September ...http://jeffjspaurmanuspaur.point2agent.com/blogs/jeff_j_spaur__manu_spaur/archive/2009/8/7/puna-cdp.aspx2009-08-07T16:51:00-06:00Jeff J. Spaur & Manu Spaurhttp://jeffjspaurmanuspaur.point2agent.com/blogs/jeff_j_spaur__manu_spaur/archive/2009/8/7/puna-cdp.aspxAnnouncementsCommunity InformationMayor is briefed on Hurricane Felicia Mayor Billy Kenoi was briefed on Hurricane Felicia at the Hawai’i County Civil Defense headquarters and reminded County of Hawai’i residents to always be vigilant and prepared in hurricane season. Hurricane ...http://jeffjspaurmanuspaur.point2agent.com/blogs/jeff_j_spaur__manu_spaur/archive/2009/8/7/hurricane-felicia.aspx2009-08-07T16:48:00-06:00Jeff J. Spaur & Manu Spaurhttp://jeffjspaurmanuspaur.point2agent.com/blogs/jeff_j_spaur__manu_spaur/archive/2009/8/7/hurricane-felicia.aspxReal EstateAnnouncementsCommunity InformationBreaking News: Tax Credit Can Be Used on Closing Costs. Call Me For Details! FHA-approved lenders were recently given the green light to develop bridge-loan products that would allow first-time buyers (anyone who has not owned a home in the last three ...http://jeffjspaurmanuspaur.point2agent.com/blogs/jeff_j_spaur__manu_spaur/archive/2009/6/9/hawaii-federal-tax-credit.aspx2009-06-09T22:54:00-06:00Jeff J. Spaur & Manu Spaurhttp://jeffjspaurmanuspaur.point2agent.com/blogs/jeff_j_spaur__manu_spaur/archive/2009/6/9/hawaii-federal-tax-credit.aspxHawaii - Federal Tax CreditAloha e v e ryon e . Th e first quart e r of this y e ar has b e e n action pack e d with political, financial, and r e al e stat e n e ws. For e closur e numb e rs ar e at r e cord l e v e ls, and e xp e ct e d to continu e to grow for th e n e xt y e ...http://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2009/4/4/march-and-1st-quarter-sales-numbers-some-surprises.aspx2009-04-04T22:23:00-06:00Mike Drutar R(S) ABR, e-PROhttp://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2009/4/4/march-and-1st-quarter-sales-numbers-some-surprises.aspxReal EstateMarket ConditionsAnnouncementsFinancesBuyer Information2008 was one of the most challenging years on record for the real estate industry. As you might imagine, the Hawaii market has suffered along with the rest of the nation. While we look forward to 2009 with hopeful optimism, now is a good time to reflect ...http://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2009/1/5/2008-big-island-real-estate-review.aspx2009-01-05T18:52:00-06:00Mike Drutar R(S) ABR, e-PROhttp://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2009/1/5/2008-big-island-real-estate-review.aspxMarket ConditionsFinancesBuyer InformationSomeone once said about the Hawaii economy, "When California gets a cold, Hawaii gets the flu". Given that, this article from Pacific Business News is worth noting. California Realtors report homes selling more quickly The unsold inventory index ...http://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/8/25/california-realtors-report-homes-selling-more-quickly-and-why-this-is-important-to-hawaii.aspx2008-08-25T17:05:00-06:00Mike Drutar R(S) ABR, e-PROhttp://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/8/25/california-realtors-report-homes-selling-more-quickly-and-why-this-is-important-to-hawaii.aspxReal EstateMarket ConditionsBuyer InformationSeller InformationNEW YORK (Reuters) Former Federal Reserve Chairman Alan Greenspan predicts U.S. house prices will begin to stabilize in the first half of next year, even as he faulted the government's rescue of mortgage market giants Fannie Mae and Freddie Mac, the ...http://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/8/13/greenspan-predicts-u-s-house-prices-will-begin-to.aspx2008-08-13T19:14:00-06:00Mike Drutar R(S) ABR, e-PROhttp://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/8/13/greenspan-predicts-u-s-house-prices-will-begin-to.aspxReal EstateMarket ConditionsAnnouncementsIndustryBuyer InformationSeller InformationThe Fannie Mae 30-Year Fixed mortgage rates did improve slightly this week to 6.375%, down from 6.5% last Friday. One of the reasons for improving mortgage rates this week is that the initial jobless claims increased by 44,000 to a total of 448,000 which ...http://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/8/1/weekly-mortgage-news-housing-rescue-bill.aspx2008-08-01T15:44:00-06:00Mike Drutar R(S) ABR, e-PROhttp://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/8/1/weekly-mortgage-news-housing-rescue-bill.aspxReal EstateIndustryFinancesCopied from RISMEDIA RISMEDIA, July 22, 2008-Nearly half of all home buyers (44%) believe the housing market will improve once the new President takes office in January, 2009, according to a new survey recently released conducted by Harris Interactive® ...http://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/7/21/real-estate-market-expected-to-improve-with-new-president.aspx2008-07-21T17:41:00-06:00Mike Drutar R(S) ABR, e-PROhttp://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/7/21/real-estate-market-expected-to-improve-with-new-president.aspxReal EstateMarket ConditionsIndustryBuyer InformationSeller InformationResidential: There were 326 single family homes sold on the entire island in the second quarter this year. This number is down from the same period last year where we saw 463 sales, but up from this years first quarter total of 293. The median sales price ...http://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/7/16/2nd-quarter-big-island-sales-data.aspx2008-07-16T17:07:00-06:00Mike Drutar R(S) ABR, e-PROhttp://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/7/16/2nd-quarter-big-island-sales-data.aspxReal EstateMarket ConditionsBuyer InformationJune house sales in North Kona were down 38% versus June of 2007, with 19 sales. This number was also down from May where we saw 28 sales. The median sales price for single family homes also fell. The June median sales price was $505,000, compared to $558,230 ...http://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/7/3/big-island-home-sales-for-june.aspx2008-07-03T19:38:00-06:00Mike Drutar R(S) ABR, e-PROhttp://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/7/3/big-island-home-sales-for-june.aspxReal EstateMarket ConditionsBuyer InformationCommunity InformationCopied from RISMEDIA: RISMEDIA, July 4, 2008-For a homeowner facing the frightening threat of foreclosure, the offer seems too good to be true. A “mortgage rescue” company steps forward, claiming to be able to help you save your credit and ...http://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/7/3/how-to-avoid-becoming-a-victim-of-mortgage-rescue-scams.aspx2008-07-03T19:34:00-06:00Mike Drutar R(S) ABR, e-PROhttp://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/7/3/how-to-avoid-becoming-a-victim-of-mortgage-rescue-scams.aspxReal EstateAnnouncementsIndustryCommunity InformationShort SaleBy Beth Braverman, CNNMoney.com The current housing market is bleak: home prices and sales are plummeting, foreclosure proceedings are skyrocketing and mortgage rates are on the rise. When will things be better? A new study from the Joint Center for Housing ...http://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/6/23/over-the-horizon-a-housing-recovery.aspx2008-06-23T20:15:00-06:00Mike Drutar R(S) ABR, e-PROhttp://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/6/23/over-the-horizon-a-housing-recovery.aspxReal EstateMarket ConditionsBuyer InformationSeller InformationAfter being ranked 36th in the nation for foreclosures in the month of April, Hawaii dropped to 42nd in May. Hawaii had 162 foreclosures in May, down 22% from April, but up 25% from May 2007, when there were 129 foreclosures. The foreclosure rate for Hawaii ...http://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/6/14/hawaii-ranked-42nd-in-the-nation-in-foreclosures.aspx2008-06-14T21:17:00-06:00Mike Drutar R(S) ABR, e-PROhttp://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/6/14/hawaii-ranked-42nd-in-the-nation-in-foreclosures.aspxReal EstateMarket ConditionsFinancesBuyer InformationSeller InformationBig Island home sales continued their decline in May, with 35% fewer single family home and condominium units sold than in May of 2007. The median price of single family homes for the entire island fell from $439,500 in May 2007 to $390,000 in May of 2008, ...http://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/6/5/big-island-home-sales-for-may.aspx2008-06-05T16:31:00-06:00Mike Drutar R(S) ABR, e-PROhttp://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/6/5/big-island-home-sales-for-may.aspxReal EstateMarket ConditionsBuyer InformationSeller InformationCopied from an article in Pacific Business News by Adam Kress The latest read on the national housing market shows home values are continuing to drop at historic rates. The Washington-based Office of Federal Housing Enterprise Oversight reported Thursday ...http://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/5/22/report-hawaii-1q-home-prices-hold-steady.aspx2008-05-22T15:45:00-06:00Mike Drutar R(S) ABR, e-PROhttp://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/5/22/report-hawaii-1q-home-prices-hold-steady.aspxReal EstateMarket ConditionsBuyer InformationSeller InformationIn 2007 the National Association of Home Builders published a report to give consumers a guideline for the lifespan of components of their homes. Local weather conditions, use habits, regular maintenance -- or the lack of it -- can all affect the life ...http://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/5/16/life-expectancy-of-home-components.aspx2008-05-16T19:54:00-06:00Mike Drutar R(S) ABR, e-PROhttp://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/5/16/life-expectancy-of-home-components.aspxReal EstateProduct ReviewsBuyer InformationSeller InformationAloha, It sure is not fun to talk about, but in the current market we are seeing quite a few "Short Sales". What is a Short Sale? A short sale is when a bank or mortgage lender agrees to discount a loan balance due to an economic hardship on ...http://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/5/16/short-sales-being-derailed-by-second-lein-holders.aspx2008-05-16T18:09:00-06:00Mike Drutar R(S) ABR, e-PROhttp://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/5/16/short-sales-being-derailed-by-second-lein-holders.aspxIndustryFinancesSeller InformationShort SaleOne of the more interesting articles I have read in the last few years appeared in the Wall Street Journal on Tuesday. I have copied the article below. The article compares the housing situation today with the benchmarks of the end of the housing crisis ...http://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/5/12/the-housing-crisis-is-over.aspx2008-05-12T17:16:00-06:00Mike Drutar R(S) ABR, e-PROhttp://www.mykonaagent.com/blogs/mike_drutar_rs_abr_e-pro/archive/2008/5/12/the-housing-crisis-is-over.aspxMarket ConditionsBuyer Information