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Attention Home Owners - You can avoid Foreclosure and save your credit! - If you are a home owner facing foreclosure, I may be able to help you through a process known in the industry as a "Short Sale." A Short Sale is a process where I get your ...[Read More]
Let me help you find your place in the sun in Paradise and stay in one of my Oceanfront Vacation Rentals. Our market is still a struggle, however it is the time to buy! Prices have not started coming up and even with a little leveling off before we plumet ...[Read More]
Aloha, 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 ...[Read More]
Aloha 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 ...[Read More]
2008 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 ...[Read More]
Someone 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 ...[Read More]
NEW 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 ...[Read More]
The 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 ...[Read More]
Copied 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® ...[Read More]
Residential: 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 ...[Read More]
June 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 ...[Read More]
Copied 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 ...[Read More]
By 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 ...[Read More]
After 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 ...[Read More]
Big 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, ...[Read More]
Copied 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 ...[Read More]
In 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 ...[Read More]
Aloha, 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 ...[Read More]
One 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 ...[Read More]
For more info on any of these articles, call Laure McElwee 877-247-1362 LavaLaure@Yahoo.com or visit www.LavaLaure.com Earthquake Coverage Published October 2006 West Hawaii Today will be providing extensive coverage of the earthquake October 15th that ...[Read More]
For more info on this story, contact Laure McElwee, Realtor (S) www.LavaLaure.com LavaLaure@Yahoo.com 877-247-1362 Click Photo to Enlarge Hawaiian Volcano Observatory scientists sample lava flowing in an active channel Saturday. The lava is erupting from ...[Read More]
Client Feedback From Genny, Santa Barbara, CA. Laure: You are a fabulous real estate agent ... always responding to our questions and always letting us know what was happening and why. It took a couple of months to find just the right place and you were ...[Read More]
To know more about this subject, e-mail: LavaLaure@Yahoo.com or visit my website at: www.LavaLaure.com Laure McElwee, Realtor s 877-247-1362 How low can it go? Livestock production spirals downward by Carolyn Lucas West Hawaii Today clucas@westhawaiitoday.com ...[Read More]
Pines I, Kailua Kona - We invite everyone to visit our open house at 75-252 Nani Kailua #19 on April 15 from 11:00 AM to 1:00 PM . Big Island of Hawaii Real Estate for sale Property information[Read More]
Alii Lani, Kailua Kona - We invite everyone to visit our open house at 75-6081 Alii Drive on April 11 from 9:00 AM to 12:00 PM . Big Island of Hawaii Kailua Kona Homes for sale Property information[Read More]
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