Have you been considering selling, but afraid that nothing is selling?

With the $8,000 tax credit scheduled to end Nov. 30, the number of home buyers looking to take advantage of the credit (as well as the historically low prices and low interest rates) could possibly increase as the year winds down, especially as we start seeing glimmers of an economic upturn for the real estate market. If you've been waiting for the right window of opportunity to put your home on the market, this might be the time. I'd be happy to answer any questions you might have. Feel free to call me or email me any time. For more information on the Tax Credit, visit http://www.federalhousingtaxcredit.com/2009/faq.php.

I have observed a strong increase in pending sales of Kauai homes in the under $500,000 price range, so this trend should continue through October 1, as Buyers will want to have their offers acceptd in time to close before the November 30, 2009 deadline for the tax credit. 

Some sellers have asked me why the tax credit is not helping sell higher priced homes. One important contributing factor is that married couples with a combined income in excess of $150,000 are not eligible for the first time homebuyer tax credit. Another reason is that buyers in the over $500,000 price range are often trading up and therefore not eligible as first time homebuyers.

Aloha,

JJ Leininger, RA, ABR

Makai Properties LLC

KauaiFineHomes.com

 

August 1 2009 Kauai REO Foreclosure List
08/04/2009
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Thanks to Julie for compiling an up to date list Real Estate Owned by banks(REO's). This is useful information for buyers looking for bargains on Kauai homes for sale. Some of these foreclosure properties are my listings. You can search the MLS at… more
Mortgage Rates Drop this Week
07/11/2009
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Mortgage rates drop this week. This is a great opportunity RIGHT NOW for smart buyers and investors! Call me to find out more. Interest on 30-year fixed mortgages, 15-year fixed loans, five-year adjustable-rate mortgages, and one-year ARMs all… more
Kauai Real Estate over $2 Million Sold//Links to MLS info
05/27/2009
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Highest Sale so far in 2009 on Kauai: $13 million on 1/2/2009 for a North shore home on 55. 43 acres. Highest Sale in the January 1-May 26 time period in 2008 on Kauai: $6. 75 million on 1/18/2009 for 194. 8 acres of raw land on the North shore… more
Kauai Real Estate over $2 Million Sold//Historic Data 1999-2009
05/27/2009
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You may find the attached historical sales data interesting. Some of the sales are land sales in the new Kukuiula subdivision on Kauai's south shore. In the $2 million dollar and up price range, there have been 7 closed sales on Kauai this year,… more
Too busy to blog
05/27/2009
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Is the Kauai real estate market turning around? I have experienced a surge in showings this month, as compared to May 2008. The lower prices are attracting more buyers, especially in the $200, 000-$500, 000 price range. Just this month, I now have… more
New Fannie Mae Owned Listing- Nice House in Ulu Mahi, Lihue, Kauai,…
04/08/2009
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Check out my newest listing- a Fannie Mae owned home for sale in Ulu Mahi Subdivision. 4119 Aheahe Place This home features a great location near the Puakea Golf Course, Kauai Lagoons Golf Course, Lihue schools like Chiefess Kamakahelei Middle… more
Fannie Mae Kauai Condos get Multiple Offers, Lihue and Princeville…
03/31/2009
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The two lowest priced listing of a Fannie Mae owned condominiums on Kauai, which now have sales pending, each received multiple offers. This shows that there are buyers out there and if the price is right, the buyers will write offers. The first… more
Can I look smart by buying now?
03/31/2009
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Yes, you can. Rates on 30-year mortgages fell recently to the lowest level on record after the Federal Reserve launched a new effort to stimulate the struggling U. S. housing market. Mortgage finance giant Freddie Mac said Thursday that average… more
Puako Subdivision, Lihue Kauai Hawaii Real Estate Market Update 3/27…
03/28/2009
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Puako Subdivision Weekly Market Update for Friday, 3/27/2009 There are no new listings, sales, escrows or price changes to report this week. There are currently two active listings in the neighborhood. Click here for more information on the homesite… more
 
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JJ Leininger

Lihue, HI

More about me…

Makai Properties LLC

Address: 1941-B Poipu Road, Koloa, HI, 96756

Office Phone: (808) 742-7561

Cell Phone: (808) 635-6580

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