Monthly Archives: January 2009

Hawaii Home to be Featured on Style Network’s “Clean House”

A home in Aina Haina is up for consideration as the “messiest home in america.” The Style Networks hit show “Clean House”

The house is stacked with bins of books. Toys cover the floor. The [...]

December home sales hit lowest point since 1963

PBN reported that new home sales fell to a seasonally adjusted annual rate of 331,000 in December. That’s down nearly 15 percent from a revised 388,000 annual rate in November. December’s total was the [...]

Hawaii Realtors React to 30% Drop in Home Price Prediction

Hawaii Realtors weigh in on Economy.com’s prediction.  In this story by KGMB, realtors agree that a 30% drop is too drastic.  It’s predictions like these that destroys consumer confidence and creates unrealistic expectations for [...]

Hawaii Home Prices Predicted to Drop 30%

The Honolulu Advertiser article cites a national research study by Economy.com. The headline illicited response from Hawaii realtors who think this is overly pessimistic.  Honolulu’s median price fell just 3% last year, and according [...]

$1,000 Homes for sale!

Can the real estate market get so bad that banks are practically giving homes away?  According to this article in Yahoo, foreclosures have turned banks into property management companies and it’s often cheaper for [...]

Historically low interest rates spark refinancing boom

According to Freddi Mac, the national average of interest rate last week has dropped to the lowest ever since 1971.  This historical low interest rate is sparking a big refinancing boom among homeowners trying [...]

Oahu Housing Prices in 2008 Were Stable!

According to Honolulu Board of Realtors, the Oahu home prices in 2008 were fairly stable.  If you compare the median price for single-family homes in 2008 and 2007, the median price in 2008 ($624,000) [...]

Happy New Year!

We started the new year with a bang at a friend’s house where we lit the customary firecrackers at midnight (notice the illegal aerial fireworks in the background). Unfortunately, there were no tradewinds yesterday [...]