Hawaii Randy's Blog

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Managing Real Estate Broker - eXp Realty - RB-19250
Hawaii real estate, Mililani, military relocations, Hawaii, realtors, real estate agents, Waipahu, ewa beach, wahiawa, blog, blogger, Waikele, Mililani Mauka, Honolulu, Oahu, 96789

ARCHIVED BLOG POSTS

2008 

With all of the folks in financial trouble and the numbers of home owners upside down (owe more on their mortgage can they can sell the home for), a new industry and many new scams are popping up. Mortgage modification, renegotiation or restructuring is the new buzz.  Franchises are being sold, s...
10/16/2008
When the market was hot, it seemed like people were crawling out of the woodwork to become real estate agents and loan officers.  They had little to no training and no experience, yet they had a license.  The market was hot, everyone was making money and it seemed like clients were willing to for...
10/14/2008
During the hot real estate market a few years ago banks, federal government and people committing fraud caused property values to artificially jump.  Today the same banks and the same government are causing the those property values to drop all over the country.  I spoke about how lenders are cau...
10/09/2008
Lenders are a major cause of property values dropping in many communities.  I am not going to argue about their lending practices and the volume bad loans they issued.  I think that is a given. The incompetent way lenders have dealt with these bad loans is causing the problem to escalate in commu...
10/08/2008
I have watched lenders one by one drop like flies over the last few months.  I see commercials telling consumers in trouble to contact their lender, because they want to help them.  I honestly do not believe it.  Have you ever tried to contact a lender for a short sale packet or to discuss not be...
10/03/2008
The Kaneohe communities (zip code of 96744 and some connecting neighborhoods) have seen changes in the real estate market.  Single Family homes sales have softened. Average sales prices of single family homes year to date are up slightly.  In the month of September we saw a slight dip that was mo...
10/03/2008
This report covers areas including: Kalihi Area, Kalihi Valley, Kalihi Uka, Kalihi upper, Kalihi Kai, and Kalihi Lower, which is part of Honolulu, Hawaii.  These numbers reflect only the totals and average sale prices. Single Family homes sales have softened. Average sales price of single family ...
10/03/2008
This West Loch sales report covers both Westloch Estates and Westloch Fairway (part of zip code of 96706) in Ewa beach, Hawaii. West Loch has seen an increase of inventory and some slippage in sales volume and average sales price.  Sellers will find a lot of competition, while buyers will find so...
10/03/2008
The September 2008 numbers are in. Single Family Home Sales saw a major dip in the median price and sales volume from August and the same period last year.  While prices had been fairly stable until September the challenges in the lending industry and tourism industry may have finally hit us in a...
10/02/2008
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Randy Prothero

Hawaii REALTOR, (808) 384-5645
Ask me for a free valuation of your Oahu Home.
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