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Real Estate Agent - Harcourts Island Properties - RB-20368

ARCHIVED BLOG POSTS

2009 

Over the past two weeks on Oahu, we’ve seen eight new REO single family listings come on the market. This is averaging more than one every other day! It’s actually even higher when you consider there were an additional three condo REO listings that came on market over the same period. Another uni...
11/29/2009
I recently heard from a lender friend of mine that very soon Fannie Mae will be rolling out stricter guidelines for underwriting. Part of me says, "well about time" and another part of me is really thinking about how this will affect Buyers? Apparently, their current guidelines are debt to income...
11/29/2009
Last week, the latest and most expensive to date Kerr Michaels project was listed in Kailua Beach. 210 Kalaheo Ave. has it all. This exclusive beach-side estate is nearly 1.5 acres on the ocean and has 8 bedrooms and 8 + bathrooms and was recently completed in 2009. If they achieve their goal in ...
11/17/2009
Honolulu has been mostly resilient as far as foreclosures go compared to the rest of the mainland U.S. The numbers have been rising lately however. Today's article in the Star Bulletin shows how we are now in the middle of the pack with nationwide foreclosures. Although nowhere near Las Vegas, et...
11/17/2009
On Oahu, inventory of short sale single family homes is nearly 10 TIMES that over REO inventory and condo short sales are almost 8 TIMES that of REO condo inventory. As of today, there are 18 available single family home REO listings on the market. There are an additional 40 in escrow right now! ...
11/17/2009
On a recent Friday, I loaded a new REO listing in MLS & by mid Saturday, we had 3 calls for showings! Since then, we've had multiple offers, several above asking price! REO or lender owned property can be a great source for purchasing a home. We at Hawaii Life represent lenders to help them sell ...
11/17/2009
In our 3rd part in a series of Where to Find Oceanfront Condos on Oahu, we leave Waikiki and head clockwise all the way to Ko Olina before we run into more oceanfront condos. A number of harbors take up a good portion of prime real estate along the way... Ko Olina is a resort along Oahu's leeward...
11/17/2009
Following up on a series of Where to Find Oceanfront Condos on Oahu, we work our way clockwise on Oahu from Diamond Head to Waikiki. Believe it or not, there is only 1 true oceanfront condo building in Waikiki, which is the Waikiki Shore. When you think about it, the reason why is all the prime r...
11/17/2009
Unlike some of the neighbor islands that have lots of oceanfront condos, Oahu's oceanfront condo inventory is somewhat limited given the population of the island. The purpose of this blog post is to lay out where you can find oceanfront condos on Oahu. We'll start at Diamond Head on Oahu's southe...
11/17/2009
Diamond Head claimed another large sale recently. This is following a trend of the high end buyers realizing some great buys in this exclusive neighborhood. 3239 Noela St. closed for $8,750,000. The 10,544 square foot home that sits on over an acre was the former home of Jack Myers a local develo...
11/17/2009
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David Buck

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