Strong Condo & Townhome Market

REALTORS’®  outlook for the next six months for townhomes and condominiums is generally strong across these states, District of Columbia, North Dakota, Colorado, Texas, California, Florida, Hawaii, and Alaska.  These states have experienced strong job growth due to the oil/gas and information technology sectors.  Condominiums are frequently the entry point to homeownership for first-time homebuyers, more so with the…

New #CreditModels

The Fair Isaac Corporation recently introduced a new scoring model. The model could help to expand credit to first-time and minority groups. But there is a problem: Fannie Mae and Freddie Mac, who support the majority of the mortgage market, don’t use the new model. In “FICO 9″, less emphasis is given to the impact…

#GrandWailea $30m Renovations

The Grand Wailea, A Waldorf Astoria Resort, will undergo a $30 million renovation to the Maui resort’s guestroom interiors, meeting areas and pools, with a completion date set for early 2015. The rooms were last renovated in 2009. Work on the rooms begin this week and renovations will continue through early spring 2015, with a…

International #HawaiiRealEstateInvesting

    $92.2 Billion of purchases sold to foreign buyers, 12 months ending March 2014 Sales split approximately 50/50 between resident and non-resident foreigners. Foreign sales approximately 7 percent of $1.2 Trillion EHS market. 28 percent of REALTORS® reported having international clients. Market is a niche market—a relatively few REALTORS® handle many of transactions: e.g.,…

WAILEA EKOLU ~ Direct Ocean Views! This unit has a great layout with direct views from your living room, kitchen, master bedroom and lanai. An upstairs corner 2 bedroom, 2 bath unit with extra windows and high cathedral ceilings. Open, expansive and comfortably relaxing. Tastefully upgraded over the years and there’s even a built-in wine cooler…