The Hawaii Bottom is Coming - 10/26/09 01:34 PM
"The bottom is coming, the bottom is coming", cried Chicken Little as he ran frantically through the yard . . . or something like that.  This time it may be true, the bottom may actually be coming or may be here, for that matter.  The question is, is this "the" bottom or just "a" bottom?Reading the statistics from Hawaii Information Service, our MLS provider, one gets the impression that we may be at or very near the elusive bottom.  Two of the three main statistics are jittery and bouncing up and down while the third, median price, continues to decline at … (0 comments)

Third Quarter 2009 - 10/05/09 01:57 PM
How far away can the bottom be when sales activity begins to rise, volume begins to rise and median price continues to fall?  This is exactly what we're seeing in West Hawaii for the districts of North Kohala, South Kohala, North Kona and South Kona.First the bad news, if you're a seller. Median prices have continued to slip south at rather high rates considering the turn around in sales.  In North Kohala, the median price for Single Family Residences (SFR's) is down <30.7%> to $572,550.  This is considerable when you look at an area with mostly million dollar plus homes and … (0 comments)

Aloha Friday Hits the Streets - 10/01/09 09:19 PM
Hits the streets in an electronic sort of way, that is.  This weeks newsletter has been emailed to subscribers and has articles on West Hawaii real estate, a reveiw of both foreclosures and shortsales in North Kona and South Kohala.  In addition there we look at who's not making mortgage payments, the Kona Cold Lobsters farm at the Natural Energy Lab Hawaii, we revisit condo occupancy and how it effects loanability, a look at the dim future of solar energy and the ever popular Shameless Plug.Bottom line is that although we hear a lot of news about foreclosures, in most categories … (1 comments)

 
Robert Ferrari (Ferrari Pacific Realty Corporation)

Robert Ferrari

Kailua Kona, HI

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Ferrari Pacific Realty Corporation

Address: 76-6340 Kololia Street, Kailua Kona, HI, 96740-2261

Office Phone: (808) 327-3163 x 201

Cell Phone: (808) 896-0661

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