<?xml version="1.0"?><rss version="2.0"><channel><title>Wailea Hawaii Real Estate News &amp; Listings Presented By RE/MAX Resort Realty</title><link>http://www.bigislandrealestate.com</link><description></description><lastBuildDate>Mon, 06 Feb 2012 10:12:55 GMT</lastBuildDate><item><title>15-2806 MALOLO ST, Pahoa 96778</title><description><![CDATA[<img src="http://www.bigislandrealestate.com/property/15-2806-MALOLO-ST-Pahoa-Hawaii/images/index/355695/0/t" title="" alt="" style="float:left; padding:3px;" />Roomy Ranch Priced Right on Malolo Street: built in 2007, this three bedroom two bath has 1,398 sq ft interior and 480 sq ft garage has been converted to additional living space. This residence is also located in one of the most desirable subdivisions in Puna: Hawaiian Shores Recreation Estates. <br><br>This beautiful Home is built for Easy Island Living with wood laminate flooring in most of the home, and ceramic tile in the bathrooms and laundry. Carpet is only in the first three bedrooms. It is situated perfectly on the lot to catch the cool island trade winds. <br>The open floor plan and vaulted ceiling makes this home light and airy. Large separate master bedroom has a walk-in closet, and a full bath on one side; while the other bedrooms and bath are on the other side of the great room. Kitchen and baths have solid surface Baltic Brown Granite counter tops. Dishwasher and garbage disposal makes kitchen clean up fast and easy. Indoor laundry room extends the life of the washer and dryer.<br><br>Ownership in HSRE includes access to a private park with a pool, barbecue pits, grassy fields, play equipment, and tennis courts. Improved roads and CC & R's restricting undesirable activities are other added benefits in this neighborhood. Hawaiian Shores Recreation Estates has what people are looking for: private water, paved roads, mail delivery, electricity, phone, cable and internet. Association dues are $325 a year, and water is $50 a month.<br><br>See the Roomy Ranch Priced Right that you will want to call home: take highway 130 to Pahoa, Right on Kahakai Blvd, right on Malolo Street,  home is 1 block down on the RIGHT. Look for Sign.]]></description><link>http://www.bigislandrealestate.com/property/15-2806-MALOLO-ST-Pahoa-Hawaii</link><guid>http://www.bigislandrealestate.com/property/15-2806-MALOLO-ST-Pahoa-Hawaii</guid><pubDate>Tue, 08 Nov 2011 15:37:14 GMT</pubDate></item><item><title>Kapoho ST, Pahoa 96778</title><description><![CDATA[<img src="http://www.bigislandrealestate.com/property/Kapoho-ST-Pahoa-Hawaii-2/images/index/347587/0/t" title="" alt="" style="float:left; padding:3px;" />Black Sand Supersize is this parcel for sale in Black Sand Beach with 8,438 square feet on Kapoho Street, a laid back street with a couple of houses amidst undeveloped lots. RARE OPPORTUNITY: one of two side by sides for sale in desirable Black Sand Beach Neighborhood. See adjacent lot, Black Sand Solitude with 7,500 sq ft MLS#248255. Seller prefers to sell them together. Both lots have no street taffic as that portion fronting properties has reverted to TALL weeds and bushes.<br><br>Lot is unspoiled Hawaii not wrecked with pin to pin clearing, so it is a mix of beautiful wild orchids, ferns, and native ohia trees. Selectively clear space for a home and native trees can be the start of landscaping to give your home shade and privacy. People love this area because of it's raw beauty. <br>Parcel is at 950 foot elevation. Rainfall of 100 inches a year keeps your yard lush and your catchment tank full. Water supply comes from the sky, in the form of rain, which is collected on Metal roofs, then is stored in catchment tanks for future use.<br><br>Property is just a 12 minute drive to Pahoa with gas stations, bank, post office, grocery and health food stores, churches and restaurants. Snorkeling, Hot Ponds, Steam Vents, and Black Sand Beaches, and Isaac Hale Beach Park are a short drive.  <br><br>See this parcel and put in your offer before its gone: Take highway 130, pass Pahoa town and Leilani Estates, turn right on Upper Puna Road, turn left on Kapoho Street and drive until road turns to weeds (home 12-550 will be on right), parcel 19 is on right kitty corner from home, HIKE or 4wheel drive to see left front corner of parcel and Adjacent lot for sale Black Sand Solitude.]]></description><link>http://www.bigislandrealestate.com/property/Kapoho-ST-Pahoa-Hawaii-2</link><guid>http://www.bigislandrealestate.com/property/Kapoho-ST-Pahoa-Hawaii-2</guid><pubDate>Sun, 09 Oct 2011 13:39:06 GMT</pubDate></item><item><title>Kapoho ST, Pahoa 96778</title><description><![CDATA[<img src="http://www.bigislandrealestate.com/property/Kapoho-ST-Pahoa-Hawaii/images/index/347586/0/t" title="" alt="" style="float:left; padding:3px;" />Black Sand Solitude is this parcel for sale in Black Sand Beach with 7,500 square feet on Kapoho Street, a laid back street with a couple of houses amidst undeveloped lots. One of two side by sides available: adjacent lot, Black Sand Supersize with 8,438 sq ft MLS#248956. Seller prefers to sell them together. Kapoho Street is so quiet, that portion fronting property has reverted to TALL weeds and bushes.<br><br>This property hasn't been wrecked with pin to pin clearing, so it is a mix of beautiful native wild orchids, ohia trees and ferns. Selectively clear just enough for a home and native vegetation can be the start of landscaping to give your home privacy and save you money on plantings.<br><br>Graded roads help keep down speeding motorists. Water comes from catchment so when you live here there are no water bills to pay.<br><br>Great location is just a 12 minute drive to Pahoa with gas stations, bank, post office, grocery and health food stores, and restaurants. <br><br>Snorkeling, Hot Ponds, Steam Vents, and Black Sand Beaches,lava tree park,and Isaac Hale Beach Park are a short drive from property.<br>People love this are because of it's raw beauty. In addition it is in the drier parts of Puna. <br>See this parcel and imagine your home: Take highway 130, pass Pahoa town and Leilani Estates, turn right on Upper Puna Road, turn left on Kapoho Street and drive until road turns to weeds (home 12-550 will be on right), parcel 19 (also on market for sale MLS#248956) is on right kitty corner from home, HIKE or 4wheel drive past first lot to get to second parcel: Black Sand Solitude on right.]]></description><link>http://www.bigislandrealestate.com/property/Kapoho-ST-Pahoa-Hawaii</link><guid>http://www.bigislandrealestate.com/property/Kapoho-ST-Pahoa-Hawaii</guid><pubDate>Sun, 09 Oct 2011 13:39:06 GMT</pubDate></item><item><title>The Pahoa Townhouse  House For Sale In Pahoa Hawaii 96753 HI</title><description><![CDATA[<img src="http://www.bigislandrealestate.com/property/15-2881-PAHOA-VILLAGE-RD-Pahoa-Hawaii/images/index/347412/0/t" title="Pahoa Townhouse turnkey home in Heart of Pahoa" alt="Pahoa Townhouse, turnkey home,  Pahoa, big Island, Vacation Rental, fully furnished" style="float:left; padding:3px;" /><p>
	The Pahoa Townhouse is a charming plantation home on Pahoa Village Road in the heart of Pahoa Town. Built in 1939, this home is tastefully furnished and ready for you to move in. Are you looking for an income property? This historical home is a functioning vacation rental, with recent paint and new screens. This 3 bedroom 2 bath home has a 976 square foot interior and sits on a fenced 10,609 square foot parcel loaded with mature fruit trees and exotic botanicals. This property has freshly paved main street Pahoa frontage, with commercial zoning possibilities. Why trek to town when you can live in town? Walking distance to community pool, post office, banks, stores and restaurants making this a great place to live and desirable place for people to vacation.<br />
	<br />
	The covered front porch is a nice vantage point to soak in the sights of Pahoa town. Each room has a mix of vintage and antique pieces with artwork adorning walls. The covered patio at the back of home includes a half bath, washer and dryer, and a furo with a deep soaking tub and shower. Backyard is private and lush with landscaping. Large gravel parking lot in front also extends along driveway beside home.<br />
	Tide pools, Snorkeling, Hot Ponds, Steam Vents, Black Sand beaches and Isaac Hale Beach Park are all a short drive from property.<br />
	Actual bedroom/bath count varies from TMK records.<br />
	<br />
	See this house you would be happy to make your own: take highway 130 to Pahoa Town, go right on Pahoa Village Road, go about a half a mile, home is on left just past 7-11, next door to Jeff Hunt Surfboards: 15-2881 Pahoa Village Road</p>
]]></description><link>http://www.bigislandrealestate.com/property/15-2881-PAHOA-VILLAGE-RD-Pahoa-Hawaii</link><guid>http://www.bigislandrealestate.com/property/15-2881-PAHOA-VILLAGE-RD-Pahoa-Hawaii</guid><pubDate>Sat, 08 Oct 2011 13:39:15 GMT</pubDate></item><item><title>Vacationland Villa: Home with Pond and oceanview in Kapoho</title><description><![CDATA[<img src="http://www.bigislandrealestate.com/property/14-4904-KAHI-INA-PL-Pahoa-Hawaii/images/index/333161/0/t" title="" alt="" style="float:left; padding:3px;" />Vacationland Villa is this charming Kapoho home with a fish pond and ocean view. Built in 2004, home is raised high for excellent ventilation, scenic views, and for parking underneath. Villa has two bedrooms, two baths and 960 square foot interior, but what really makes this property is the fish pond and the location: just blocks from the Waiopae tide pools and a short drive to hot ponds. This property would make a fantastic second home for you to vacation in Hawaii or could be used as a vacation rental.<br><br>Stairway on left side of home leads to screened deck and the entrance on the back of home. Lanai has 320 sq ft for you to lounge in bug free comfort and relax to the tranquil sounds of the pond's waterfall. Double doors open to great room with the kitchen and dining area on the left and the living area on the right. Master bedroom has an attached bath, and ocean views. Second bedroom has access to the main bath thru a pocket door. Both bedrooms have glass sliders out to front deck which has stairs exiting to right side yard. Home sits on a 8,662 sq ft parcel that is landscaped along the perimeter for privacy. Backyard has a covered deck with laundry area and space to lounge. Pond has assorted fish including Tilapia.<br><br>Kapoho Vacationland is a desirable neighborhood with CC&R's, paved roads, private water, DSL and electric that is about 15 minutes to Pahoa and 45 minute drive to Hilo. Home is in a lava zone 2, A flood zone, and a Tsunami evacuation zone. It is 20-40 feet above sea level and in the drier parts of Puna, receiving just over 100" of rain a year.<br><br>See the Vacationland Villa you will want to call home: take highway 130 to Pahoa, go left at Highway 132, pass lava tree park, go left at fork in road and head out to Kapoho, go right on 137 for almost a mile, go left on to Kapoho Kai Drive, turn left on Kahi Ina Place, home is on right.]]></description><link>http://www.bigislandrealestate.com/property/14-4904-KAHI-INA-PL-Pahoa-Hawaii</link><guid>http://www.bigislandrealestate.com/property/14-4904-KAHI-INA-PL-Pahoa-Hawaii</guid><pubDate>Sat, 13 Aug 2011 13:40:19 GMT</pubDate></item><item><title>how to get pre approved to buy real estate on the big island</title><description><![CDATA[<p><span style="font-family: comic sans ms,sans-serif;"><span style="font-size: 14pt;">It is important to have all of your items in order and be preapproved because of all of the best deals go fast to qualified buyers.</span></span></p>
<p><span style="font-family: comic sans ms,sans-serif;"><span style="font-size: 14pt;"><br /></span></span></p>
<p><span style="font-size: 14pt;"><span style="font-family: comic sans ms,sans-serif;">I suggest you contact Dane Nagasawa to get pre-Approved before we go out and look at homes.</span><br /></span><br /><br /><span style="font-family: arial,helvetica,sans-serif;">Dane Nagasawa<br />HomeStreet Bank<br />111 Aupuni Street #102<br />Hilo, HI 96720<br />(808) 961 0666<br />dane.nagasawa@homestreet.com&nbsp;&nbsp; &nbsp;<br /><br />Our Closings Run Smoothly Every Time<br /><br />My goal is to provide clients and partners in the transaction with effective communication, timely closings and no surprises.<br /><br />Effective communication-you'll be informed every step of the way: when the buyer is approved, when the appraisal is submitted, etc.<br /><br />Timely closings-we're proud of our efficient transaction processes. If we ever have an issue, you'll be contacted immediately.<br /><br />No surprises-you'll know what to expect from us.<br /><br />I look forward to working together to develop client relationships that last a lifetime. Please contact me at (808) 961 0666 or dane.nagasawa@homestreet.com if I can assist you or any of your clients.<br /><br /><br />Sincerely,<br />&nbsp;<br /><br />&nbsp;<br />Dane Nagasawa<br />Loan Officer<br />HomeStreet Bank<br />NMLS ID# 343397<br /></span></p>]]></description><link>http://www.bigislandrealestate.com/Blog/how-to-get-pre-approved-to-buy-real-estate-on-the-big-island</link><guid>http://www.bigislandrealestate.com/Blog/how-to-get-pre-approved-to-buy-real-estate-on-the-big-island</guid><pubDate>Mon, 01 Aug 2011 21:00:00 GMT</pubDate></item><item><title>Value Village: Ready to Remodel REO home in Waikoloa</title><description><![CDATA[<img src="http://www.bigislandrealestate.com/property/68-1868-PANIOLO-PL-Waikoloa-Hawaii/images/index/318607/0/t" title="68-1868 Paniolo" alt="68-1868 Paniolo" style="float:left; padding:3px;" /><p>
	Value Village is this REO, bank owned home ready to remodel in desirable Waikoloa Village. Looking for a Fixer in sunny Kohala?<br />
	This three bedroom, two bath 1,813 square foot home for sale in Hawaii, built in 1976, maybe for you. Value Village is the classic ugly duckling surrounded by beautiful homes in a great neighborhood.<br />
	<br />
	Value Village has great bones with vaulted ceilings adding a spacious feel in the great room and second floor master bedroom suite. Wood laminate flooring flows from entry to great room and down the hallway. Glass sliders exit from great room to a large covered deck with 297 sq ft interior. Second floor of home is master bedroom suite with a balcony that overlooks great room. Master bath is roomy with glass sliders out to a small deck. Vanity area has extensive counter space and carpeted floor. Separate tub and commode area have tile floor. With some money and vision, interior and exterior of home could shine once again.<br />
	Full time residents and Snowbirds love Waikoloa because it is a cooler elevation and is close to golf courses. Waikoloa also has a community association that maintains minimum neighborhood standards through CC&amp;R&#39;s. Yearly dues are $590. Residents also have access to a pool, tennis courts, rec center and discounted golf fees. Home is minutes from Waikoloa Village Golf Course designed by Robert Trent Jones Jr. Other golf courses and Hapuna Beach are just a short drive.<br />
	<br />
	House sits on a 14,734 square foot lot with a portion of yard fully fenced to contain pets. House is approximately 1,000&#39; elevation and receives almost 10&quot; of rain a year. Garage has 480 square foot interior with no car access, and is divided into two rooms.<br />
	Do not let this one get away...See it today: Take Highway 19 (Queen Kaahumanu Highway) to Waikoloa Road and head up hill, Left on Paniolo Street, right on Paniolo Place, home is on right just before end of cul-de-sac.</p>
]]></description><link>http://www.bigislandrealestate.com/property/68-1868-PANIOLO-PL-Waikoloa-Hawaii</link><guid>http://www.bigislandrealestate.com/property/68-1868-PANIOLO-PL-Waikoloa-Hawaii</guid><pubDate>Thu, 23 Jun 2011 13:38:50 GMT</pubDate></item><item><title>Keep Mortgage Interest Deductions Alive in Hawaii</title><description><![CDATA[<p><span style="font-family: arial,helvetica,sans-serif;">Mr. Howard Dinits</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">PO Box 2249</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">Kihei, HI 96753-2249</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">(808) 874-0600</span></p>
<p style="text-align: center;"><strong><span style="font-size: 14pt;"><span style="font-family: arial,helvetica,sans-serif;">&nbsp;Keep Mortgage Interest Deductions Alive in Hawaii</span></span></strong></p>
<p><span style="font-family: arial,helvetica,sans-serif;">Apr 22, 2011</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">&nbsp;</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">Representative Mazie Hirono</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">Longworth House Office Building, Room 1410</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">Independence and New Jersey Avenues, SE</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">Washington, DC 20515-1102</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">&nbsp;</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">Dear Representative Hirono,</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">&nbsp;</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">As both your constituent and as one of more than one million members of the National Association of REALTORS, I remain steadfast in my belief that economic recovery depends in large measure on recovery in the housing market. That recovery is by no means complete and, in fact, the market is still quite weak.</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">&nbsp;</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">&nbsp;</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">I understand that throughout the spring and summer, Congress is likely to take many votes on huge bills that will affect economic, fiscal and tax policy.&nbsp; I urge you in the strongest possible terms to assure that each one of them will contribute to stabilizing housing markets and, just as important, do no harm. The simplest way for Congress to provide certainty to the housing market is to preserve the MID and oppose any legislation that would undermine it.</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">&nbsp;</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">Please show your support of stable housing policy by cosponsoring H.Res.25, a bipartisan resolution offered by Rep. Gary Miller.&nbsp; Realtors believe that wide cosponsorship of this resolution will send a strong&nbsp; signal that Congress remains committed to a housing recovery.</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">&nbsp;</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">H. Res.25 expresses the sense of Congress that the current law&nbsp; governing the MID must be retained. To restrict current law in any way would undermine progress in the still-fragile housing recovery.</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">&nbsp;</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">Please join Mr. Miller and your colleagues in sending a strong signal that you support a stable housing market and that you support the current MID rules. Please co-sponsor H.Res. 25.</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">&nbsp;</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">Sincerely,</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">&nbsp;</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">&nbsp;</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">Mr. Howard Dinits R(S)</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">RE/MAX Resort Realty</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;"><a title="http://www.BigIslandRealEstate.com" href="http://www.BigIslandRealEstate.com">http://www.BigIslandRealEstate.com</a><br /></span></p>]]></description><link>http://www.bigislandrealestate.com/Blog/Keep-Mortgage-Interest-Deductions-Alive-in-Hawaii</link><guid>http://www.bigislandrealestate.com/Blog/Keep-Mortgage-Interest-Deductions-Alive-in-Hawaii</guid><pubDate>Thu, 21 Apr 2011 21:00:00 GMT</pubDate></item><item><title>Hawaii Statewide Multiple Listing Service</title><description><![CDATA[<p><span style="font-size: 14pt;"><span style="font-family: comic sans ms,sans-serif;">I  wanted to thank you for the feedback regarding my last website  enhancement and wanted you to be the first to know about my newest site  upgrade. <br /> <br /> Whether you realize it, the Hawaiian Islands are unique and because of this we have 3 Multiple Listing Services in Hawaii.</span></span></p>
<p><span style="font-size: 14pt;"><span style="font-family: comic sans ms,sans-serif;">Your search just got easier.</span><span style="font-family: comic sans ms,sans-serif;">&nbsp;  I have now come up with a solution I added Oahu's MLS to the Big Island  website integrating the 2 statewide MLS systems into one.<br /> <br /> Just do a <a title="http://mlssearch.bigislandrealestate.com/idx/4691/basicSearch.php" href="http://mlssearch.bigislandrealestate.com/idx/4691/basicSearch.php">basic search</a> and you will be searching both MLS systems at once.<br /> <br /> Do an advanced search and choose either <a title="http://mlssearch.bigislandrealestate.com/idx/4691/advancedSearch.php?idxID=105" href="http://mlssearch.bigislandrealestate.com/idx/4691/advancedSearch.php?idxID=105">Oahu&rsquo;s Hicentral </a><br /> <br /> or choose Hawaiinformation to just search the <a href="http://mlssearch.bigislandrealestate.com/idx/4691/advancedSearch.php?pt=sfr&amp;stp=advanced&amp;idxID=227">Big Island and Kauai's mls</a><br /> <br /> Want to search Maui?<br /> <br /> I suggest you search on my <a title="http://www.easymauirealestate.com/" href="http://www.easymauirealestate.com/">Maui site</a> as that one hosts the Maui MLS. Which is Maui, Lanai and Molokai and  they do not share data with the other Multiple Listing Systems.</span></span></p>]]></description><link>http://www.bigislandrealestate.com/Blog/Hawaii-Statewide-Multiple-Listing-Service</link><guid>http://www.bigislandrealestate.com/Blog/Hawaii-Statewide-Multiple-Listing-Service</guid><pubDate>Fri, 29 Oct 2010 17:30:00 GMT</pubDate></item><item><title>Mrs House Seller on TV Howard Dinits</title><description><![CDATA[<p>Enjoy this video.</p>
<p>
<object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="660" height="405" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0">
<param name="allowFullScreen" value="true" />
<param name="allowscriptaccess" value="always" />
<param name="src" value="http://www.youtube.com/v/FaNhGrKrYDQ?fs=1&amp;hl=en_US&amp;rel=0&amp;border=1" />
<param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="660" height="405" src="http://www.youtube.com/v/FaNhGrKrYDQ?fs=1&amp;hl=en_US&amp;rel=0&amp;border=1" allowscriptaccess="always" allowfullscreen="true"></embed>
</object>
</p>
<p>It is an oldie but a goodie.</p>]]></description><link>http://www.bigislandrealestate.com/Blog/Mrs-House-Seller-on-TV-Howard-Dinits</link><guid>http://www.bigislandrealestate.com/Blog/Mrs-House-Seller-on-TV-Howard-Dinits</guid><pubDate>Tue, 05 Oct 2010 14:02:00 GMT</pubDate></item><item><title>home sales on the Big Island of Hawaii increased by 25%</title><description><![CDATA[<div>
<div style="overflow: hidden; color: #000000; background-color: transparent; text-align: left; text-decoration: none; border: medium none;">
<div>
<div style="overflow: hidden; color: #000000; background-color: transparent; text-align: left; text-decoration: none; border: medium none;">
<h1 id="storyTitle"><span style="font-family: arial,helvetica,sans-serif;"><span style="font-size: 14pt;">There are some great buys on the Big Island. Now is the time to go shopping. </span></span></h1>
<h1><span style="font-family: arial,helvetica,sans-serif;"><span style="font-size: 14pt;">The number of home sales on the Big Island of Hawaii increased by 25% </span></span><span style="font-size: 10pt;"><strong><a title="http://www.BigIslandRealestate.com" href="../../">http://www.BigIslandRealEstate.com</a></strong></span></h1>
<div>
<div style="overflow: hidden; color: #000000; background-color: transparent; text-align: left; text-decoration: none; border: medium none;">
<h1 id="storyTitle"><span style="font-size: 12pt;"><span style="font-family: arial,helvetica,sans-serif;">Strong month can't revive neighbor island home sales</span></span></h1>
<p><span style="font-family: arial,helvetica,sans-serif;"><span class="postCredit"> <a href="mailto:kconsillio@staradvertiser.com"> By Kristen Consillio </a></span></span></p>
<span style="font-family: arial,helvetica,sans-serif;"><a style="color: #003399;" href="http://www.staradvertiser.com/subscription/Subscriber_Services.html" target="_blank"></a></span></div>
</div>
</div>
</div>
<p class="storytext"><span style="font-family: arial,helvetica,sans-serif;">While  single-family home and condominium sales soared on the Big Island and  Kauai last month, the residential real estate market still has not  recovered from a significant drop in neighbor island transactions during  the past few years.</span></p>
<p class="storytext"><span style="font-family: arial,helvetica,sans-serif;">There were 124 homes sold on the <a title="http://www.BigIslandRealEstate.com" href="http://www.BigIslandRealEstate.com">Big Island</a> in  August, up 25.3 percent from the 99 homes sold a year earlier, according  to data released this week by Hawaii Information Service.</span></p>
<p class="storytext"><span style="font-family: arial,helvetica,sans-serif;">However, the median sales price for a single-family home was down 5.2 percent to $275,000 from $290,000 in August 2009.</span></p>
<p class="storytext"><span style="font-family: arial,helvetica,sans-serif;">And while Big Island condominium sales climbed  16.2 percent to 43 from 37, the average median price plunged 13.5  percent to $220,500 from $255,000 the previous year.</span></p>
<table class="infoboxright_table" style="width: 50%;" align="right">
<tbody>
<tr>
<td>
<div class="sports_agate">
<h4><span style="font-family: arial,helvetica,sans-serif;">HOME SALES</span></h4>
<span style="font-family: arial,helvetica,sans-serif;"><em>The number of homes sold on the Big Island and Kauai in  August with the median price and percentage change from the same month  last year:</em></span> 
<table style="width: 85%;" border="0" cellspacing="2" cellpadding="1">
<tbody>
<tr align="left" valign="top">
<td><span style="font-family: arial,helvetica,sans-serif;"><strong>HOMES </strong></span></td>
</tr>
<tr align="left" valign="top">
<td><span style="font-family: arial,helvetica,sans-serif;">&nbsp;</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;"><strong>Big Island</strong></span></td>
<td><span style="font-family: arial,helvetica,sans-serif;"><strong>Kauai </strong></span></td>
</tr>
<tr align="left" valign="top">
<td><span style="font-family: arial,helvetica,sans-serif;"><strong>SALES</strong></span></td>
</tr>
<tr align="left" valign="top">
<td><span style="font-family: arial,helvetica,sans-serif;">Aug. 2010</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;">124</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;">31</span></td>
</tr>
<tr align="left" valign="top">
<td><span style="font-family: arial,helvetica,sans-serif;">Aug. 2009</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;">99</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;">23</span></td>
</tr>
<tr align="left" valign="top">
<td><span style="font-family: arial,helvetica,sans-serif;">Change</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;">25.3%</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;">34.8%</span></td>
</tr>
<tr align="left" valign="top">
<td><span style="font-family: arial,helvetica,sans-serif;"><strong>MEDIAN PRICE</strong></span></td>
</tr>
<tr align="left" valign="top">
<td><span style="font-family: arial,helvetica,sans-serif;">Aug. 2010</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;">$275,000</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;">$607,500</span></td>
</tr>
<tr align="left" valign="top">
<td><span style="font-family: arial,helvetica,sans-serif;">Aug. 2009</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;">$290,000</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;">$471,000</span></td>
</tr>
<tr align="left" valign="top">
<td><span style="font-family: arial,helvetica,sans-serif;">Change</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;">-5.2%</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;">29.0% </span>
<p class="storytext"><span style="font-family: arial,helvetica,sans-serif;">&nbsp;</span></p>
</td>
</tr>
<tr align="left" valign="top">
<td><span style="font-family: arial,helvetica,sans-serif;"><strong>CONDOS</strong></span></td>
</tr>
<tr align="left" valign="top">
<td><span style="font-family: arial,helvetica,sans-serif;"><strong>SALES</strong></span></td>
</tr>
<tr align="left" valign="top">
<td><span style="font-family: arial,helvetica,sans-serif;">Aug. 2010</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;">43</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;">23</span></td>
</tr>
<tr align="left" valign="top">
<td><span style="font-family: arial,helvetica,sans-serif;">Aug. 2009</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;">37</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;">15</span></td>
</tr>
<tr align="left" valign="top">
<td><span style="font-family: arial,helvetica,sans-serif;">Change</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;">16.2%</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;">53.3%</span></td>
</tr>
<tr align="left" valign="top">
<td><span style="font-family: arial,helvetica,sans-serif;"><strong>MEDIAN PRICE</strong></span></td>
</tr>
<tr align="left" valign="top">
<td><span style="font-family: arial,helvetica,sans-serif;">Aug. 2010</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;">$220,500</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;">$334,000</span></td>
</tr>
<tr align="left" valign="top">
<td><span style="font-family: arial,helvetica,sans-serif;">Aug. 2009</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;">$255,000</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;">$313,000</span></td>
</tr>
<tr align="left" valign="top">
<td><span style="font-family: arial,helvetica,sans-serif;">Change</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;">-13.5%</span></td>
<td><span style="font-family: arial,helvetica,sans-serif;">6.7%</span></td>
</tr>
</tbody>
</table>
<span style="font-family: arial,helvetica,sans-serif;"><em>Source: Hawaii Information Service</em></span></div>
</td>
</tr>
</tbody>
</table>
<span style="font-family: arial,helvetica,sans-serif;"> While lower prices and favorable interest rates make for good bargains,  "there's just more supply than there is demand," according to Howard  Dinits, a Big Island and Maui Realtor at RE/Max Resort Realty. </span>
<p class="storytext"><span style="font-family: arial,helvetica,sans-serif;">"Sales are up because it's cheap," he said. "It's affordable like it hasn't been in 10 years on the Big Island."</span></p>
<p class="storytext"><span style="font-family: arial,helvetica,sans-serif;">However, the island's economy is far from a recovery, <a title="http://www.BigIslandRealEstate.com" href="http://www.BigIslandRealEstate.com">Dinits</a> said.</span></p>
<p class="storytext"><span style="font-family: arial,helvetica,sans-serif;">"We do not have high-paying jobs on that island,"  he said. "Though tourism was up, it's been a good two years since the  Big Island has seen any good tourism. It's going to take more than  people buying houses, they're going to need jobs."</span></p>
<p class="storytext"><span style="font-family: arial,helvetica,sans-serif;">On Kauai, home sales jumped 34.8 percent to 31  last month from 23 in the year-earlier period, while the median home  price rose 29 percent to $607,500 from $471,000.</span></p>
<p class="storytext"><span style="font-family: arial,helvetica,sans-serif;">Condo sales on the Garden Isle soared 53.3 percent  to 23 from 15, and the median price increased 6.7 percent to $334,000  from $313,000.</span></p>
<p class="storytext"><span style="font-family: arial,helvetica,sans-serif;">"The short sales and foreclosures, of course, are  driving the market," said Phil Fudge, principal broker at Kauai Landmark  Realty. "Last year was a terrible year from the year before so any  improvement would be just slightly above a disaster."</span></p>
<p class="storytext"><span style="font-family: arial,helvetica,sans-serif;">Even though inventory is growing as more  households face foreclosure or other financial troubles, consumers are  "scared to buy," Fudge said. "The only people buying are people who are  insulated from the economy."</span></p>
<span style="font-family: arial,helvetica,sans-serif;"><span style="font-size: 18pt;"><strong><a title="http://www.BigIslandRealestate.com" href="http://www.BigIslandRealestate.com">http://www.BigIslandRealEstate.com</a></strong></span><a style="color: #003399;" href="http://www.staradvertiser.com/subscription/Subscriber_Services.html" target="_blank"></a></span></div>
</div>]]></description><link>http://www.bigislandrealestate.com/Blog/home-sales-on-the-Big-Island-of-Hawaii-increased-by-25</link><guid>http://www.bigislandrealestate.com/Blog/home-sales-on-the-Big-Island-of-Hawaii-increased-by-25</guid><pubDate>Wed, 08 Sep 2010 08:48:00 GMT</pubDate></item><item><title>Big Island sees double digit sale increases</title><description><![CDATA[<h1 id="storyTitle">Mixed signals seen in May Big Island, Kauai home  sales</h1>
<p class="storyDeck">While purchases showed a spike, median prices  fell on both islands</p>
<p>By Allison Schaefers</p>
<p><span class="brown"> POSTED: 01:30 a.m. HST, Jun 08, 2010 </span></p>
<p>Big Island and Kauai home sales posted double-digit increases in  May. However, median prices fell on both islands, leading real estate  watchers to conclude that these markets are still short of recovery.</p>
<p>Single-family home sales on the Big Island increased 25.5 percent to  128 houses last month, and condominium sales rose 71 percent to 53  units, according to data released yesterday by the Hawaii Information  Service. Still, more than half of Big Island single-family home buyers  in May paid at least $279,500, which represented a 7 percent decrease  from the year-ago $300,500. The median price paid for a condominium also  dropped about 7.8 percent to $285,000 from the year-ago $309,000.</p>
<p>May single-family home sales on Kauai rose 80 percent to 27 houses  from the year-ago 15. Condominium sales climbed last month by 38.5  percent to 18 units from the 13 recorded in May of 2009. The median  price paid for a single-family home on Kauai in May dropped 30 percent  to $420,000 from the year-prior $600,000. The median price of a Kauai  condominium dropped by 50.3 percent to $164,000 from $330,000 in May  2009.</p>
<p>Compared with a dismal last year, the statistics tell an overly  optimistic tale, said Phil Fudge, the principal broker at Kapaa-based  Kauai Landmark Realty.</p>
<p>"Last year was really terrible, so a little increase makes it look  really big," Fudge said.</p>
<p>That said, buyers continued to benefit from low prices and interest  rates on the Big Island and Kauai in May. Sellers made faster sales than  they had previously. However, many still had to make price or other  concessions, said Val Pilaria, principal broker at Aloha Kauai  Properties.</p>
<p>"They have to compete with distressed sales," Pilaria said.</p>
<p>The volume of distressed properties also brought out the bargain  hunters, said Howard Dinits, a Realtor with Kihei-based RE/MAX Resort  Realty who specializes in Big Island and Maui residential real estate.</p>
<p>"Deals have kept the sales momentum high even after the expiration of  the federal tax credits," Dinits said.</p>
<!--endclickprintinclude-->
<div class="insideStoryImage"><a onclick="popUp('http://www.staradvertiser.com/multimedia/photo_galleries/viewer?galID=95839039');  return false;" href="http://www.staradvertiser.com/multimedia/photo_galleries/viewer?galID=95839039" target="_blank"> <img src="http://media.staradvertiser.com/images/312*411/20100608_biz_hmsales.jpg" border="0" alt="" width="312" height="411" /> </a>
<div><a href="http://media.ohio.com/images/20100608_biz_hmsaleslg.jpg"> </a>CLICK  HERE FOR LARGE</div>
</div>
<!-- IF THERE IS NOT A MORE PHOTOS LINK ADD IN TWO BREAKS TO GIVE ROOM BETWEEN THE PHOTO AND RELATED CONTENT BOX-->
<p class="storytext">Big Island and Kauai home sales posted  double-digit increases in May. However, median prices fell on both  islands, leading real estate watchers to conclude that these markets are  still short of recovery.</p>
<p class="storytext">Single-family home sales on the Big Island  increased 25.5 percent to 128 houses last month, and condominium sales  rose 71 percent to 53 units, according to data released yesterday by the  Hawaii Information Service. Still, more than half of Big Island  single-family home buyers in May paid at least $279,500, which  represented a 7 percent decrease from the year-ago $300,500. The median  price paid for a condominium also dropped about 7.8 percent to $285,000  from the year-ago $309,000.</p>
<p class="storytext">May single-family home sales on Kauai rose 80  percent to 27 houses from the year-ago 15. Condominium sales climbed  last month by 38.5 percent to 18 units from the 13 recorded in May of  2009. The median price paid for a single-family home on Kauai in May  dropped 30 percent to $420,000 from the year-prior $600,000. The median  price of a Kauai condominium dropped by 50.3 percent to $164,000 from  $330,000 in May 2009.</p>
<p class="storytext">Compared with a dismal last year, the statistics  tell an overly optimistic tale, said Phil Fudge, the principal broker at  Kapaa-based Kauai Landmark Realty.</p>
<p class="storytext">"Last year was really terrible, so a little  increase makes it look really big," Fudge said.</p>
<p class="storytext">That said, buyers continued to benefit from low  prices and interest rates on the Big Island and Kauai in May. Sellers  made faster sales than they had previously. However, many still had to  make price or other concessions, said Val Pilaria, principal broker at  Aloha Kauai Properties.</p>
<p class="storytext">"They have to compete with distressed sales,"  Pilaria said.</p>
<p class="storytext">The volume of distressed properties also brought  out the bargain hunters, said Howard Dinits, a Realtor with Kihei-based  RE/MAX Resort Realty who specializes in Big Island and Maui residential  real estate.</p>
<p class="storytext">"Deals have kept the sales momentum high even  after the expiration of the federal tax credits," Dinits said. <a title="http://www.BigIslandRealEstate.com" href="http://www.BigIslandRealEstate.com">http://www.BigIslandRealEstate.com</a> and <a title="http://www.EasyMauiRealEstate.com" href="http://www.EasyMauiRealEstate.com">http://www.EasyMauiRealEstate.com</a></p>]]></description><link>http://www.bigislandrealestate.com/Blog/Big-Island-sees-double-digit-sale-increases</link><guid>http://www.bigislandrealestate.com/Blog/Big-Island-sees-double-digit-sale-increases</guid><pubDate>Mon, 07 Jun 2010 21:00:00 GMT</pubDate></item><item><title>Brand New Listing House For Sale in Pahoa Hawaii 96778</title><description><![CDATA[<p style="text-align: center;"><span style="font-family: comic sans ms,sans-serif;"><strong><span style="font-size: 12pt;">Brand New Listing </span></strong></span></p>
<p style="text-align: center;"><span style="font-family: comic sans ms,sans-serif;"><strong><span style="font-size: 12pt;">House For Sale in Pahoa Hawaii 96778</span></strong></span></p>
<p style="text-align: center;"><span style="font-family: comic sans ms,sans-serif;"><strong><span style="font-size: 12pt;"><a title="15-2759 Kumu STreet Pahoa Hawaii 96778" href="http://mlssearch.bigislandrealestate.com/idx/4691/results.php?stp=listingID&amp;listingID=235634&amp;start=0&amp;per=10">15-2759 Kumu STreet Pahoa Hawaii 96778</a><br />Hawaiian Shores Subdivision<br />Return of the Rambling Ranch</span></strong></span></p>
<p style="text-align: center;"><span style="font-family: comic sans ms,sans-serif;"><strong><span style="font-size: 12pt;">Want to live in Hawaii or Curious about Big Island Real Estate?<br />Click the link below for more information.<br /></span></strong></span></p>
<p style="text-align: center;"><a title="http://mlssearch.bigislandrealestate.com/idx/4691/results.php?stp=listingID&amp;listingID=235634&amp;start=0&amp;per=10" href="http://mlssearch.bigislandrealestate.com/idx/4691/results.php?stp=listingID&amp;listingID=235634&amp;start=0&amp;per=10"><span style="font-family: comic sans ms,sans-serif;"><strong><span style="font-size: 12pt;">MLS#235634</span></strong></span></a></p>
<p style="text-align: center;"><span style="font-family: comic sans ms,sans-serif;"><strong><span style="font-size: 12pt;">$149,141.00</span></strong></span></p>
<p style="text-align: center;"><span style="font-size: 10pt;"><span style="font-family: arial,helvetica,sans-serif;">Mailing Address:<br />Howard Dinits RS&nbsp; PO BOX  2249 Kihei HI 96753<br />Direct Phone 808-874-0600&nbsp; e-mail  Howard@HowardDinits.com</span></span></p>
<p style="text-align: center;"><span style="font-size: 10pt;"><span style="font-family: arial,helvetica,sans-serif;"><a title="http://www.BigIslandRealEstate.com" href="http://www.BigIslandRealEstate.com">http://www.BigIslandRealEstate.com</a><br /></span></span></p>
<p>&nbsp;</p>
<p style="text-align: center;">
<object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="400" height="224" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0">
<param name="allowfullscreen" value="true" />
<param name="allowscriptaccess" value="always" />
<param name="src" value="http://www.facebook.com/v/1403552621769" /><embed type="application/x-shockwave-flash" width="400" height="224" src="http://www.facebook.com/v/1403552621769" allowscriptaccess="always" allowfullscreen="true"></embed>
</object>
</p>]]></description><link>http://www.bigislandrealestate.com/Blog/Brand-New-Listing-House-For-Sale-in-Pahoa-Hawaii-96778</link><guid>http://www.bigislandrealestate.com/Blog/Brand-New-Listing-House-For-Sale-in-Pahoa-Hawaii-96778</guid><pubDate>Sun, 06 Jun 2010 21:00:00 GMT</pubDate></item><item><title>Hawaii foreclosures soar 115 percent, with Maui and the Big Island seeing huge increases</title><description><![CDATA[<h1>Hawaii foreclosures soar</h1>
<p class="storyDeck">The rate surges 115 percent, with Maui and the  Big Island seeing huge increases and Oahu faring much better</p>
<p><span class="postCredit"> <a href="mailto:gpark@starbulletin.com"> By Gene Park </a> <br /> </span></p>
<p><span class="brown"> POSTED: 01:30 a.m. HST, May 13, 2010 </span></p>
<!--endclickprintinclude-->
<p class="storytext">Oahu remained well below the national  rate of foreclosures in April, but the Big Island and Maui markets took  large hits.</p>
<p class="storytext">There were 1,474 Hawaii properties that  received foreclosure notices last month, according to RealtyTrac, an  online foreclosure marketplace.</p>
<p class="storytext">That was a 115.5 percent increase over  April 2009 foreclosure numbers.</p>
<p class="storytext">Hawaii's April foreclosures, which equated  to one in every 348 households, added up to a higher rate than the  national rate of foreclosures, which was one in every 387.</p>
<p class="storytext">Oahu fared the best, with one in every 580  homes. But Maui and the Big Island saw a high rate, with one in every  187 and one in every 179 homes, respectively. There was one foreclosure  in every 313 homes on Kauai.</p>
<p class="storytext">"I think we're just gonna see more  inventory hitting every day," said Big Island and Maui Realtor Howard  Dinits. "The foreclosure process takes a long time in Hawaii."</p>
<p class="storytext">Nationwide the number of homes facing  foreclosure fell 2.4 percent from a year ago in April. James Saccacio,  chief executive officer of RealtyTrac, said the April national numbers  indicate a plateau in foreclosures, but "at a very high level that will  not drop off in the near future."</p>
<p class="storytext">The number of borrowers losing their homes  is still rising. Banks seized a record 92,000 homes last month.</p>
<p class="storytext">And there are millions more potential  foreclosures ahead. Nearly 7.4 million borrowers, or 12 percent of all  households with a mortgage, had missed at least one month of payments or  were in foreclosure as of March, according to Lender Processing  Services Inc., a mortgage data research firm.</p>
<p class="storytext">As the economy turns around, "you will see  an improvement in housing markets and in foreclosure activity," said  Rick Sharga, a RealtyTrac senior vice president. "The problem is that  there's such a backlog right now."</p>
<p class="storytext">Among states, Nevada posted the highest  foreclosure rate in April, with one in every 69 households receiving a  foreclosure notice.</p>
<p class="storytext">Foreclosures there were up 10 percent from  March, but virtually unchanged from a year earlier. Next on the list  were Arizona, Florida, California and Michigan.</p>
<p class="storytext">Hawaii landed in 11th place. The top five  neighborhoods in the state with the most foreclosures were Kailua-Kona,  Kihei, Ewa Beach, Lahaina and Waikoloa.</p>
<p class="storytext">Dinits said Waikoloa and Kihei  foreclosures are due to a large number of owners who own second homes.</p>
<p class="storytext">"It's an investment for them," Dinits  said. "That's the real reason for the high numbers in those areas.</p>
<p class="storytext">"If you gotta make a choice between your  house or your vacation house, you're gonna keep your house."</p>
<p class="storytext">Dinits said he is currently working on a  foreclosure at an Ewa Beach home. He said the military community there  might be experiencing transfers, routine changes in duty stations.</p>
<p class="storytext">But David Kucic, a Realtor who specializes  in Ewa Beach sales, said many of the Ewa Beach homes might be short  sales, where sale prices are lower than the balance owed on the  property's loan, being counted as foreclosures.</p>
<p class="storytext">"It's not like you have 89 foreclosures,"  Kucic said, referring to RealtyTrac's statistics on Ewa Beach. "A  property would actively be trying to sell as a short sale, but it will  get reported as a foreclosure."</p>
<p class="storytext">Kucic said he is seeing a lot of activity  in Ewa Beach, a sharp contrast to last year's slow market.</p>
<p class="storytext">"Last year, you could find a property no  problem," Kucic said. "But the competition is stiff right now.</p>
<p class="storytext">"Even though the first-time homebuyer's  tax credit is gone, there are still a lot of buyers looking for  properties."</p>
<p class="storytext">&nbsp;</p>
<h4>OUT OF THE HOUSE</h4>
<p>Kailua-Kona had the most foreclosures in April, according to RealtyTrac,  an online foreclosure marketplace. Below are the state's foreclosure  hot spots last month:</p>
<table border="0" cellspacing="2" cellpadding="1">
<tbody>
<tr align="left" valign="top">
<td><strong>ZIP code</strong></td>
<td><strong>Neighborhood</strong></td>
<td><strong>Foreclosures</strong></td>
<td><strong>No. per household</strong></td>
</tr>
<tr align="left" valign="top">
<td>1. 96740</td>
<td>Kailua-Kona</td>
<td>193</td>
<td>83</td>
</tr>
<tr align="left" valign="top">
<td>2. 96753</td>
<td>Kihei</td>
<td>122</td>
<td>138</td>
</tr>
<tr align="left" valign="top">
<td>3. 96706</td>
<td>Ewa Beach</td>
<td>89</td>
<td>155</td>
</tr>
<tr align="left" valign="top">
<td>4. 96761</td>
<td>Lahaina</td>
<td>75</td>
<td>167</td>
</tr>
<tr align="left" valign="top">
<td>5. 96738</td>
<td>Waikoloa</td>
<td>73</td>
<td>41</td>
</tr>
</tbody>
</table>
<p class="storytext">Source: RealtyTrac</p>
<p class="storytext">&nbsp;</p>
<h4>NO PLACE TO CALL HOME</h4>
<p>Hawaii's monthly foreclosures over the past year, including the  year-over-year percentage gain:</p>
<table border="0" cellspacing="2" cellpadding="1">
<tbody>
<tr align="left" valign="top">
<td><strong>2010</strong></td>
</tr>
<tr align="left" valign="top">
<td><strong>Month </strong></td>
<td><strong>Total </strong></td>
<td><strong>Change</strong></td>
</tr>
<tr align="left" valign="top">
<td>April</td>
<td>1,474</td>
<td>+115.5%</td>
</tr>
<tr align="left" valign="top">
<td>March</td>
<td>1,097</td>
<td>+51.5%</td>
</tr>
<tr align="left" valign="top">
<td>February</td>
<td>972</td>
<td>+81.0%</td>
</tr>
<tr align="left" valign="top">
<td>January</td>
<td>1,302</td>
<td>+286.4%</td>
</tr>
<tr align="left" valign="top">
<td><strong>2009</strong></td>
</tr>
<tr align="left" valign="top">
<td><strong>Month </strong></td>
<td><strong>Total </strong></td>
<td><strong>Change</strong></td>
</tr>
<tr align="left" valign="top">
<td>December</td>
<td>1,534</td>
<td>+207.4%</td>
</tr>
<tr align="left" valign="top">
<td>November</td>
<td>872</td>
<td>+121.9%</td>
</tr>
<tr align="left" valign="top">
<td>October</td>
<td>925</td>
<td>+134.2%</td>
</tr>
<tr align="left" valign="top">
<td>September</td>
<td>969</td>
<td>+63.1%</td>
</tr>
<tr align="left" valign="top">
<td>August</td>
<td>869</td>
<td>+158.6%</td>
</tr>
<tr align="left" valign="top">
<td>July</td>
<td>990</td>
<td>+332.3%</td>
</tr>
<tr align="left" valign="top">
<td>June</td>
<td>706</td>
<td>+426.9%</td>
</tr>
<tr align="left" valign="top">
<td>May</td>
<td>816</td>
<td>+397.6%</td>
</tr>
<tr align="left" valign="top">
<td>April</td>
<td>684</td>
<td>+216.7%</td>
</tr>
<tr align="left" valign="top">
<td>March</td>
<td>724</td>
<td>+503.3%</td>
</tr>
<tr align="left" valign="top">
<td>February</td>
<td>537</td>
<td>+275.5%</td>
</tr>
<tr align="left" valign="top">
<td>January</td>
<td>337</td>
<td>+174.0%</td>
</tr>
</tbody>
</table>
<p><br /> Source: RealtyTrac</p>]]></description><link>http://www.bigislandrealestate.com/Blog/Hawaii-foreclosures-soar-115-percent-with-Maui-and-the-Big-Island-seeing-huge-increases</link><guid>http://www.bigislandrealestate.com/Blog/Hawaii-foreclosures-soar-115-percent-with-Maui-and-the-Big-Island-seeing-huge-increases</guid><pubDate>Sat, 15 May 2010 22:22:00 GMT</pubDate></item><item><title>Keaau Hawaii 96749 Paradise Ala kai Hawaiian Paradise Park Big Island Real Estate</title><description><![CDATA[<p>
<object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="640" height="385" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0">
<param name="allowFullScreen" value="true" />
<param name="allowscriptaccess" value="always" />
<param name="src" value="http://www.youtube.com/v/18d8pejvKkE&amp;hl=en_US&amp;fs=1&amp;rel=0&amp;hd=1" />
<param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="640" height="385" src="http://www.youtube.com/v/18d8pejvKkE&amp;hl=en_US&amp;fs=1&amp;rel=0&amp;hd=1" allowscriptaccess="always" allowfullscreen="true"></embed>
</object>
</p>
<p>See Howard Dinits and his new listing in Keaau Hawaii 96749. Paradise  Ala kai Hawaiian Paradise Park Howard Dinits Big Island Real Estate  Agent</p>
<p>
<object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="640" height="385" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0">
<param name="allowFullScreen" value="true" />
<param name="allowscriptaccess" value="always" />
<param name="src" value="http://www.youtube.com/v/7XvonSQoKjk&amp;hl=en_US&amp;fs=1&amp;rel=0&amp;hd=1" />
<param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="640" height="385" src="http://www.youtube.com/v/7XvonSQoKjk&amp;hl=en_US&amp;fs=1&amp;rel=0&amp;hd=1" allowscriptaccess="always" allowfullscreen="true"></embed>
</object>
</p>
<p>
<object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="640" height="385" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0">
<param name="allowFullScreen" value="true" />
<param name="allowscriptaccess" value="always" />
<param name="src" value="http://www.youtube.com/v/LgsBsi0kkAM&amp;hl=en_US&amp;fs=1&amp;rel=0&amp;hd=1" />
<param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="640" height="385" src="http://www.youtube.com/v/LgsBsi0kkAM&amp;hl=en_US&amp;fs=1&amp;rel=0&amp;hd=1" allowscriptaccess="always" allowfullscreen="true"></embed>
</object>
</p>
<p>Top selling Big Island Realtor in Hawaii uses video and www.youtube.com to market Real Estate on the Big Island.</p>]]></description><link>http://www.bigislandrealestate.com/Blog/Keaau-Hawaii-96749-Paradise-Ala-kai-Hawaiian-Paradise-Park-Big-Island-Real-Estate</link><guid>http://www.bigislandrealestate.com/Blog/Keaau-Hawaii-96749-Paradise-Ala-kai-Hawaiian-Paradise-Park-Big-Island-Real-Estate</guid><pubDate>Sat, 01 May 2010 12:47:00 GMT</pubDate></item><item><title>Marketing Hawaii Real Estate on YouTube</title><description><![CDATA[<h1 id="storyTitle">Marketing the YouTube way</h1>
<p class="storydeck">Island  businesses say the online sensation is cost-effective and works</p>
<p><span class="postcredit"><a href="http://www.starbulletin.com/business/mailto:gpark@starbulletin.com" target="_blank">By Gene Park </a><br /> </span></p>
<p><span class="brown">POSTED: 01:30 a.m. HST, Feb 21, 2010 </span></p>
<p>About two years ago a  local woman did a YouTube search for "Hawaiian," as she was curious  about what would pop up.</p>
<p>She ended up watching a video tour from  Big Island Realtor Howard Dinits on a property he was selling at  Hawaiian Shores in Pahoa. She grabbed her husband and went to see the  house.</p>
<p>"Without ever calling me," Dinits said, recalling the sale.  "It was the only house they looked at, and they eventually got it.  That's what opened my eyes."</p>
<p>It's not like Dinits isn't  Internet-savvy. Earlier in his life he sold glass art through his Web  site. He was just surprised at how a random search for something  unrelated led to business for him.</p>
<p>Local businesses large and  small are betting on YouTube's purveyance, as well as the permanence of  its presence, to strengthen their marketing arm.</p>
<p>It's a cheap bet,  since the outlet is free. Its cost-effectiveness is one reason why the  Hawaii Medical Service Association canceled its "HMSA Now" channel on  digital cable last year.</p>
<p>"But not everybody has digital cable;  it's not available in all areas," said HMSA spokeswoman Laura Lott.  "Then we thought, Where do we go? When we want to look something up or  have a health question, we go to the Web."</p>
<p>The channel offers  health advice and information on insurance policies, as well as archived  commercial spots. Lott said turnaround for producing videos has become  easier since the company is able to upload on its own time.</p>
<p>"It's a  simpler, shorter work flow and more cost-effective," she said.</p>
<p>For  Dinits it was a small investment that has gone a long way. He's bought a  camera that can shoot in high definition, with solar-charged batteries.  "What's that investment there? Like $200?"</p>
<p>Dinits' video channel  features footage of him giving virtual tours of properties he sells.  Sometimes the channel more closely resembles a vlog, or video blog, with  many personal asides, or footage of musicians he enjoys. Most times he  visits the neighborhood of the property he is selling, visiting nearby  shopping centers and attractions.</p>
<p>"They get to know me, they get  to know the real estate, they get to know the area," Dinits said. "It's a  way of people to get to know who they're doing business with."</p>
<p>Dinits  said he no longer advertises in traditional media, outside of one local  real estate guide.</p>
<p>"With the old way of giving information, you  made the consumer call you, and that's how you got your lead," Dinits  said. "I say give them everything. Give them all the information, show  them the map, show them the Google locations. They'll call you because  you're the one who gave them all that information."</p>
<p>Luxury real  estate company Kahala Associates launched its YouTube channel earlier  this month. The channel is regularly updated within a day or two of a  new listing. The videos are also tagged with keywords so they would show  up on search engines.</p>
<p>"It's pushed distribution of our listings  in a huge, powerful way," said Chuck Garrett, Kahala Associates'  business development director.</p>
<p>The firm hired a video vendor in  Wisconsin to put together presentations for online. That way Kahala's 25  associates didn't need to waste time training to develop voice acting  or film skills.</p>
<p>"We haven't had to become experts in how to make  YouTube videos, because we're busy selling houses," he said. "We don't  have to write the script, we don't have to buy a video camera."</p>
<p>The  only initial hiccup of the outsourcing was mispronunciations of certain  properties. But that problem was solved by using Forvo.com, an audio  pronunciation guide to which people can contribute clips.</p>
<p>"'Kaaawa'  was a tough one for them," Garrett said.</p>
<p>The firm still does  print ads, trying to be "much leaner and smarter" in its advertising  costs.</p>
<p>Farmers Insurance Hawaii, formerly AIG, still saturates  traditional media with advertising with its popular commercials. The  ads' popularity was part of the reason why the insurer started its own  YouTube channel in 2007.</p>
<p>"Especially the one with the mailbox, and  the argument, and the grandparents, some of the older ones," said  Farmers e-marketing manager John Tapper. "People still talk about them,  and asked to be able to see them."</p>
<p>Although the insurer started a  new channel under its changed name, it decided to keep its AIG YouTube  account active as an archive for its older commercial spots. Both  channels have grown to highlight its community service work, including  food drives, and the firm's TV spots for traffic safety.</p>
<p>"We're  able to improve engagement and build trust," Tapper said. "It's an easy  medium for people to look at that's nonthreatening, and be able to say  we're part of the community."</p>
<p>Farmers spokeswoman Wenli Lin said  the channel only informs the company's larger social media platform,  being able to refer to videos on its Twitter and Facebook accounts.</p>
<p>"And  it's the way things are going to be," she said.</p>
<p><a title="http://www.BigIslandRealEstate.com" href="http://www.BigIslandRealEstate.com">http://www.BigIslandRealEstate.com</a></p>
<p><a title="http://www.EasyMauiRealEstate.com" href="http://www.EasyMauiRealEstate.com">http://www.EasyMauiRealEstate.com</a></p>]]></description><link>http://www.bigislandrealestate.com/Blog/Marketing-Hawaii-Real-Estate-on-YouTube</link><guid>http://www.bigislandrealestate.com/Blog/Marketing-Hawaii-Real-Estate-on-YouTube</guid><pubDate>Sun, 21 Feb 2010 22:00:00 GMT</pubDate></item><item><title>Home, condo sales up on Big Island</title><description><![CDATA[<h1 id="storyTitle"><span style="font-family: arial,helvetica,sans-serif;"><a title="http://www.BigIslandRealEstate.com" href="http://www.BigIslandRealEstate.com">http://www.BigIslandRealEstate.com</a></span></h1>
<h1><span style="font-family: arial,helvetica,sans-serif;">Home, condo sales up on Kauai and Big Island</span></h1>
<p><span style="font-family: arial,helvetica,sans-serif;"><span class="postcredit"><a href="http://www.starbulletin.com/business/mailto:aschaefers@starbulletin.com" target="_blank">By Allison Schaefers </a><br /> </span></span></p>
<p><span style="font-family: arial,helvetica,sans-serif;"><span class="brown">POSTED: 01:30 a.m. HST, Feb 06, 2010 </span></span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">Sales of single-family homes and condominiums on Kauai and the Big Island posted triple and double-digit increases last month as buyers pursued bargains.</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">Prices were mostly lower.</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">While Oahu's housing market experienced a double-digit rise in single-family home sales and the median price last month, the neighbor islands still have farther to go, said Howard Dinits, a Realtor with RE/MAX Resort Realty in Waimea whose specialty is Maui and the Big Island.</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">"Oahu has already stabilized, but the outer islands still have no jobs and that hurts," he said. "Furlough Fridays have hurt, too."</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">In January, 31 single-family homes changed hands on Kauai, which represented a 210 percent increase from the prior year's sales. Likewise, condominium sales doubled to 14, a 100 percent rise last month.</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">Despite the run-up in Kauai sales, home prices continued to drop last month. More than half of the Kauai buyers in January paid at least $375,000 for a house, which represented a nearly 20 percent decline. Likewise, the median price paid for a Kauai condominium fell 19.5 percent to $204,500.</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">More Canadians than ever are looking for Kauai properties, said Phil Fudge, principal broker at Kapaa-based Kauai Landmark Realty.</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">"We had about five Canadian buyers come through in the last month," Fudge said. "Their economy isn't as sluggish as ours, and their dollar is in a good position."</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">It was a similar story on the Big Island, which saw single-family home sales increase nearly 69 percent to 86 and condominium sales rise nearly 63 percent to 26.</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">The median price paid for a single-family home on the Big Island fell about 9 percent to $239,250; however, the median condominium price increased about 21 percent to $245,000.</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">Bargain hunters from Oahu, Alaska, the U.S. West Coast and Canada are eyeing the neighbor islands, Dinits said.</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">"They like the low prices and the chance to get away from the cold," he said.</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">Local buyers also are capitalizing on low prices, favorable interest rates and the tax credits that are available to qualifying first-time buyers and owner-occupants, he said.</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">"Our volume is up. I've closed nine sales on the Big Island and Maui this year," Dinits said. "But I wouldn't say that prices are appreciating yet."</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">Big Island buyers are getting more serious, said Paula Beamer, a Realtor with Clark Realty's Waimea office.</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">"Some of them feel we are at the bottom," she said. "Getting a loan is a little tricky, but if you can get one, some of the prices are back to 2004 levels."</span></p>
<p><span style="font-family: arial,helvetica,sans-serif;">There are plenty of lookers in Kauai's market but fewer investor-buyers, Fudge said. "Our tourism has been down, and they want to see potential renters," he said.</span></p>
<h1 id="storyTitle"><span style="font-family: arial,helvetica,sans-serif;"><a title="http://www.BigIslandRealEstate.com" href="http://www.BigIslandRealEstate.com">http://www.BigIslandRealEstate.com</a></span></h1>]]></description><link>http://www.bigislandrealestate.com/Blog/Home-condo-sales-up-on-Big-Island</link><guid>http://www.bigislandrealestate.com/Blog/Home-condo-sales-up-on-Big-Island</guid><pubDate>Tue, 16 Feb 2010 09:03:00 GMT</pubDate></item><item><title>How Much Rain Does The Big Island Get?</title><description><![CDATA[<p>how much rain does the Big Island Get?<br />what is the temerature in Hawaii?<br />Big Isand Weather Report.</p>
<p>
<object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="560" height="340" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0">
<param name="allowFullScreen" value="true" />
<param name="allowscriptaccess" value="always" />
<param name="src" value="http://www.youtube.com/v/tmEH5yOGFcM&amp;hl=en_US&amp;fs=1&amp;rel=0&amp;hd=1" />
<param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="560" height="340" src="http://www.youtube.com/v/tmEH5yOGFcM&amp;hl=en_US&amp;fs=1&amp;rel=0&amp;hd=1" allowscriptaccess="always" allowfullscreen="true"></embed>
</object>
</p>
<p><img title="BIG ISLAND OF HAWAII RAINFALL MAP, RAINFALL DEFINED FOR BIG ISLAND OF HAWAII" src="http://www.bigislandrealestate.com/agent_files/images_pictures_hawaii/rainfallmap2008.gif" alt="BIG ISLAND OF HAWAII RAINFALL MAP, RAINFALL DEFINED FOR BIG ISLAND OF HAWAII" width="407" height="399" /><img src="file:///Users/howarddinits/Pictures/hawaii/rainfallmap2008.gif" alt="" /></p>
<p class="headertext">Rainfall and temperature at specified locations</p>
<p class="maintext style1">Annually, Hawaii County: 2001-2005</p>
<div>
<p style="margin-top: 0pt;"><img title="BIG ISLAND HAWAII COLOR CODED RAINFALL MAP" src="http://www.bigislandrealestate.com/agent_files/images_pictures_hawaii/BIG-ISLAND-RAINFALL.gif" alt="BIG ISLAND HAWAII COLOR CODED RAINFALL MAP" width="452" height="500" /><img src="file:///Users/howarddinits/Pictures/hawaii/BIG-ISLAND-RAINFALL.gif" alt="" /></p>
<p style="margin-bottom: 0pt;"><img title="BIG ISLAND HAWAII RAINFALL IN INCHES. BIG ISLAND TEMPERATURES IN DEGREES" src="http://www.bigislandrealestate.com/agent_files/images_pictures_hawaii/rain-and-temp-stats.gif" alt="BIG ISLAND HAWAII RAINFALL IN INCHES. BIG ISLAND TEMPERATURES IN DEGREES" width="546" height="1163" /><img src="file:///Users/howarddinits/Pictures/hawaii/rainfallmap2008.gif" alt="" /></p>
</div>
<div>Annual Rain Fall Big Island Hawaii<br /> Temperature For Hawaii, Big Island, Hilo. Pahoa Temps. Big Island Weather<br /> Hawaii Weather. Sunny Weather. Rainy Weather. 11 of 13 Climate Zones in Hawaii and the Big Island.Annual Rain Fall Big Island HawaiiAnnual Rain Fall Big Island HawaiiTemperature For Hawaii, Big Island, Hilo. Pahoa Temps. Big Island Weather Hawaii Weather. Sunny Weather. Rainy Weather. 11 of 13 Climate Zones in Hawaii and the Big Island.Annual Rain Fall Big Island Hawaii</div>
<div>for more info regarding Big Island Real Estate or Foreclosure listings in Hawaii go to</div>
<div>http://www.BigIslandRealEstate.com<br /><br /></div>]]></description><link>http://www.bigislandrealestate.com/Blog/How-Much-Rain-Does-The-Big-Island-Get</link><guid>http://www.bigislandrealestate.com/Blog/How-Much-Rain-Does-The-Big-Island-Get</guid><pubDate>Mon, 21 Dec 2009 22:00:00 GMT</pubDate></item><item><title>Home sales on Big Island and Kauai rose in October</title><description><![CDATA[<h1 id="storyTitle">Home sales on Big Island and Kauai rose in October</h1>
<p class="storyDeck">Falling prices and homebuyer credits draw bargain hunters locally and abroad</p>
<p><span class="postCredit"> <a href="mailto:aschaefers@starbulletin.com"> By Allison Schaefers </a> <br /> </span></p>
<p><span class="brown"> POSTED: 01:30 a.m. HST, Nov 06, 2009 </span></p>
<!--startclickprintexclude-->
<div id="view-complete-story" class="right">(Single Page View) | <a href="http://www.starbulletin.com/business/20091106_Home_sales_on_Big_Island_and_Kauai_rose_in_October.html?page=1&amp;c=y">Return to Paginated View</a></div>
<p>&nbsp;</p>
<!--endclickprintexclude-->
<p><span id="printDesc" class="storytext">
<p>Home sales picked up on the Big Island and Kauai in October, according to a recent report from Hawaii Information Service.</p>
<p>Single-family home sales rose 48 percent on the Big Island and 39 percent on Kauai, said the report, which was released yesterday. Likewise, condominium sales rose about 21 percent on the Big Island and nearly 78 percent on Kauai; however, the percentages are somewhat skewed by the small size of these markets.</p>
<p>"I had three closings in one day in October," said Howard Dinits, a Realtor with RE/MAX Resort Realty in Wailea, who specializes in Big Island and Maui sales. "I haven't seen activity like that for three years."</p>
<p>Dinits said sales are up because prices have fallen.</p>
<p>"I recently sold a 1,270-square-foot home for $130,000 in Hawaiian Shores Recreation Estates on the Big Island," he said. "The same house would have sold for $265,000 in 2005."</p>
<p>Dinits said bargain hunters are coming from Oahu and Maui, California, Oregon, Alaska and Canada.</p>
<p>The $8,000 first-time homebuyer credit, combined with the price drop, also has lured buyers who could not afford to participate during the last cycle, he said.</p>
<p>"There are houses selling for $70,000," Dinits said.</p>
<p>The median price paid for a single-family home fell 13 percent on Kauai to $446,500 and nearly 6 percent to $282,500 on the Big Island. But while the median condominium price rose 26 percent to $357,000 on the Big Island, Kauai's median condominium price fell 24 percent to $395,000.</p>
</span></p>
<!--endclickprintinclude-->
<p class="storytext">Home sales picked up on the Big Island and Kauai in October, according to a recent report from Hawaii Information Service.</p>
<div class="insideStoryImage"><a onclick="popUp('http://www.starbulletin.com/multimedia/photo_galleries/viewer?galID=69352572'); return false;" href="http://www.starbulletin.com/multimedia/photo_galleries/viewer?galID=69352572" target="_blank"> <img src="http://media.starbulletin.com/images/300*364/20091106_biz_homesales.jpg" border="0" alt="" width="300" height="364" /> </a>
<div class="bylineInside">
<div class="bylineInsideText">
<div><a onclick="popUp('http://www.starbulletin.com/multimedia/photo_galleries/viewer?galID=69352572'); return false;" href="http://www.starbulletin.com/multimedia/photo_galleries/viewer?galID=69352572" target="_blank">View Large Version &gt;&gt;</a></div>
</div>
</div>
</div>
<!-- IF THERE IS NOT A MORE PHOTOS LINK ADD IN TWO BREAKS TO GIVE ROOM BETWEEN THE PHOTO AND RELATED CONTENT BOX-->
<p class="storytext">Single-family home sales rose 48 percent on the Big Island and 39 percent on Kauai, said the report, which was released yesterday. Likewise, condominium sales rose about 21 percent on the Big Island and nearly 78 percent on Kauai; however, the percentages are somewhat skewed by the small size of these markets.</p>
<p class="storytext">"I had three closings in one day in October," said Howard Dinits, a Realtor with RE/MAX Resort Realty in Wailea, who specializes in Big Island and Maui sales. "I haven't seen activity like that for three years."</p>
<p class="storytext">Dinits said sales are up because prices have fallen.</p>
<p class="storytext">"I recently sold a 1,270-square-foot home for $130,000 in Hawaiian Shores Recreation Estates on the Big Island," he said. "The same house would have sold for $265,000 in 2005."</p>
<p class="storytext">Dinits said bargain hunters are coming from Oahu and Maui, California, Oregon, Alaska and Canada.</p>
<p class="storytext">The $8,000 first-time homebuyer credit, combined with the price drop, also has lured buyers who could not afford to participate during the last cycle, he said.</p>
<p class="storytext">"There are houses selling for $70,000," Dinits said.</p>
<p class="storytext">The median price paid for a single-family home fell 13 percent on Kauai to $446,500 and nearly 6 percent to $282,500 on the Big Island. But while the median condominium price rose 26 percent to $357,000 on the Big Island, Kauai's median condominium price fell 24 percent to $395,000.</p>
<h1 id="storyTitle">Home sales on Big Island and Kauai rose in October</h1>
<p><span style="font-size: 14pt;"><a href="http://www.bigislandrealestate.com">http://www.bigislandrealestate.com</a></span></p>]]></description><link>http://www.bigislandrealestate.com/Blog/Home-sales-on-Big-Island-and-Kauai-rose-in-October</link><guid>http://www.bigislandrealestate.com/Blog/Home-sales-on-Big-Island-and-Kauai-rose-in-October</guid><pubDate>Sat, 12 Dec 2009 21:18:00 GMT</pubDate></item><item><title>Why are ther so many Foreclosures on the Big Island</title><description><![CDATA[<div><span class="GEN0CSSTER"><span class="GEN1CSSTER"><strong>Why are ther so many Foreclosures on the Big Island? Especially in Hilo and Puna Areas<br /></strong></span></span></div>
<div><span class="GEN2CSSTER"><span class="GEN1CSSTER"><strong><br /> </strong></span></span></div>
<div><span class="GEN0CSSTER"><span class="GEN1CSSTER"><strong>Predatory Lending:</strong> Loans approved for borrowers who do not have the necessary financial  resources to meet the obligations of the debt; along with, the lenders&rsquo; failure to provide sufficient  information regarding future adjustments of the interest rates (i.e. Adjustable Rate Mortgage - ARM).  Do not confuse predatory lending with aggressive lending. </span></span></div>
<div><span class="GEN2CSSTER"><span class="GEN1CSSTER"><br /> </span></span></div>
<div><span class="GEN0CSSTER"><span class="GEN1CSSTER"><strong>Declining Prices:</strong> 25% of all homes are now worth less than the loan amount and are referred to  as being &ldquo;upside down.&rdquo; In this scenario, if homeowners are having difficulty making payments,  many choose to &ldquo;walk away&rdquo; from the property and the mortgage allowing foreclosure to take place.  Unfortunately, foreclosed properties are typically sold at &ldquo;below market&rdquo; prices which further  contributes pricing reductions.</span></span></div>
<div><span class="GEN2CSSTER"><span class="GEN1CSSTER"><br /> </span></span></div>
<div><span class="GEN0CSSTER"><span class="GEN1CSSTER"><strong>Unemployment: </strong>Because the real estate market is directly tied to the job market, the rise in  unemployment has had an adverse effect on the market. New jobs are needed to create the need for  new homes. It has been estimated that it will take 1.2 new jobs to create the need for one more  house.</span></span></div>
<div><span class="GEN2CSSTER"><span class="GEN1CSSTER"><br /> </span></span></div>
<div><span class="GEN0CSSTER"><span class="GEN1CSSTER"><strong>Increased Debt</strong>: The amount of credit card and installment loan debt in this country has been  continually increasing for a number of years, as have the interest rates on those loan instruments. </span></span></div>
<div><span class="GEN2CSSTER"><span class="GEN1CSSTER"><br /> </span></span></div>
<div><span class="GEN0CSSTER"><span class="GEN1CSSTER"><strong>Increase in Home Inventory</strong>: The National Association of REALTORS&reg; estimates that six-months of inventory creates a neutral market, meaning that there is an equal number of buyers and sellers which causes the price of real estate to remain static.&nbsp; In this case we have moe than a 6 month supply, so the prices have dropped.</span></span></div>
<div><br /></div>
<div><span class="GEN0CSSTER"><span class="GEN1CSSTER">Looking to get a good deal on a Foreclosure in Hawaii?</span></span></div>
<div><span class="GEN0CSSTER"><span class="GEN1CSSTER">go to <a href="http://www.hawaiiforeclosure.info/">http://www.hawaiiforeclosure.info/</a></span></span></div>
<div><br /></div>
<div><span class="GEN0CSSTER"><span class="GEN1CSSTER">Howard Dinits RS<br />RE/MAX Resort Realty<br />808-874-0600<br /><br /></span></span></div>]]></description><link>http://www.bigislandrealestate.com/Blog/Why-are-ther-so-many-Foreclosures-on-the-Big-Island</link><guid>http://www.bigislandrealestate.com/Blog/Why-are-ther-so-many-Foreclosures-on-the-Big-Island</guid><pubDate>Wed, 25 Nov 2009 22:00:00 GMT</pubDate></item></channel></rss>
