Hawaii Housing News Rotating Header Image

Posts under ‘National’

2012 Predictions – What to Watch Out For

It’s 2012 already – let’s cut to the chase and see what the next 12 months have in store for those of us in Hawaii real estate and the market. Get ready! Continue reading...

2012 Economic Outlook, Luxury Market and Turkeys

Aloha, friends. Getting ready for Thanksgiving? More on that below! Let’s get right to it…

APEC is done and many are more than a bit ‘thankful’ for traffic to return to its normally sticky state. Driving 10mph through Honolulu is better than standing still, right? I was conveniently in San Diego (and Idyllwild – great mountain town!) last week, so I luckily missed all the craziness. Still, in hindsight it’s always nice to put our state on the world map. As a vacation hotspot, we can never have enough press.

2012 Economic Thoughts

Memorial Day in Hawaii

Aloha, folks. I thought I’d take this moment to wish everyone a very pleasant Memorial Day weekend. While this is certainly a national holiday, it definitely strikes close to home for those of us in the islands. Here in Hawaii, we undoubtedly have a strong tie to the United States military. Pearl Harbor, what many consider to be the turning point of World War II, is just down the highway from downtown Honolulu and memorializes the fallen heroes of that indelible point in world history. Then there are the countless men and women, both enlisted and civilian, that have served… Continue reading...

Another Mortgage Lender Nightmare

House Bleeding Mortgage Money

Is Your Mortgage Lender Robbing You?

As I sit here in Honolulu catching up on the news over the long MLK holiday weekend, I was shocked to read about yet another serious banking fiasco. It seems that JP Morgan Chase, the nation’s #2 mortgage lender, overcharged several thousand military families on their mortgages and even improperly foreclosed on fourteen homes! Some families were overcharged by more than 4% on their loans! So while active duty men and women… Continue reading...

What’s Your Housing Market Information Source?

I was checking the national business news on my iPhone yesterday at my Honolulu home and was troubled by the apparent conflict of headlines and news stories. It’s become very difficult to know what to believe anymore about the housing market, both in the near and long term. Look at this screen shot I took… Continue reading...

What “Robo-Signing” Foreclosures Means to Hawaii

Your Foreclosure Processor

Just a quick post here regarding the recent “robo-signing” that’s gripped the nation’s foreclosure landscape. As most of you know, quite a few of the country’s top mortgage lenders have reduced or outright stopped pursuing foreclosures for the time being in some or all states. Bank of America, the nation’s top lender, put a halt to its foreclosures in all 50 states. If you didn’t see, Hawaii was recently ranked 10th in the nation in foreclosures per capita, so the lenders’ actions in the… Continue reading...

Interesting Article – American Housing Preferences

You look back 10 years, what did you get? A little bit cleaner and deeper in debt.
With apologies to Tennessee Ernie Ford, that’s a brief synopsis of how U.S. home life has changed during the past decade, according to the latest “American Housing Survey,” released last week. Continue reading...