The Honolulu Advertiser headline reads, “Foreclosure in Isles 10th worst in nation” and its first paragraph articulates the following.
“Slightly fewer home foreclosure cases in Hawai’i were begun in the third quarter compared with the second quarter, but the number of pending foreclosures and the number of delinquent mortgages that aren’t yet in foreclosure both rose.” CLICK HERE TO READ THE ENTIRE HONOLULU ADVERTISER ARTICLE
As a Honolulu real estate broker, I see both good and bad news in the numbers. My beef...
I could have told you this, but BusinessWeek did the work to confirm it (as reported in Pacific Business News).
During my daily work out I was thinking about things that I believe and then I thought this might make an interesting blog post. If anything it will be cathartic for me, anyway, here goes.
Sometimes an article about real estate comes out and it is good just the way it is. Today’s Wall Street Journal had an excellent article in a question and answer format. Much of it applies to Honolulu real estate and it is well worth the read!
Because I am a Honolulu Realtor, I am happy about the extension of the tax credits for purchasing a Honolulu home as your personal residence. As a citizen of the United States, I am concerned that we could be sending part of the house sale and purchase business the way of the car sales business. Let me explain.
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