Kona Kohala Blog

It seems that the real estate market in Hawaii and across the country is stalled with no sign of movement on the horizon.  No one at the state or federal level is making any move towards breaking up the log jams that have been created by the back log of foreclosures, short sales or the major banks hesitancy to make loans to even qualified individuals.

The lack of jobs is also a major log jam, how can you own your home or even rent a home if you're not working?

The results of all this is a real estate market in West Hawaii with good deals galore, excellent interest rates, if you can qualify, and no sign of prices going up in the near future.  This is a perfect market for buyers; you can take your time, find just the right property then grab it at a very good price.

Not all properties are all that desirable, some are in pretty bad shape.  There are lots of good ones though and this market allows a buyer the time to find that just right property.

It's a great time to be looking in North Kona or South Kohala and of course a great time to become preappoved for a loan.  Since there is no rush right now, starting with a bank or broker will give you time to get your affairs in order so that when you do find the right property you can make an offer.  Getting to the pre-approval point won't cost you anything but will save you time when you need it most, when you find the right one.

So go ahead and get preapproved and begin your search.  You can check all of our MLS by clicking here.  When you need help, contact me and we'll work together to finalize your choice(s).  It's a great time to kick back and look at your home for the future.