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 we're under 5% of the active listings that are actually being sold as foreclosed properties. There is a higher, much higher percentage of active listings that are short sales right now but even that isn't through the roof the way the media would have us believe.
If you're not familiar with the Kona Cold Lobsters farm you really should check it out next time you're in town. What a great place to hand pick your cold water lobsters aka Maine lobsters for dinner that night. He also raises Kampachi, a newer fish on the market but one that is perhaps the best tasting sashimi fish in the world.
If we get enough people hooked on the great taste of Kampachi, Maine lobster and another new fish, the Kona Butterfish, we could see a resurgence in the housing market. Who wants to live very far away from not only the best tropical fish i.e., ahi, mahimahi and ono but also to have kampachi, butterfish and Maine lobster available almost every day of the year?