Kona Kohala Blog

The Aloha Friday newsletter just went out.  This week we look at real estate activity in North Kona and South Kohala, some information on the abundance of mortgage loans out there and a piece on Kona town looking at the changing weather and growing road system.  If you'd like to receive a copy in your inbox please email me at Robert@FerrariPacificRealty.com.

The Hale Ma'uma'u vent at the volcano is shutting down, for who knows how long, giving us clear blue skies once again.  Our winter visitors will be lured back to the incredible beauty of West Hawaii once more.

January is starting out slowly, a reflection of the economy we're all dealing with.  We have a large inventory of homes, condos and land and interest rates remain low.  Housing prices are expected to remain low for the foreseeable future but not so for interest rates.  By years end we expect to see interest rates jump and the fed pumps more money into the economy and other major steps are taken to rejuvinate the housing industry.