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Buyer's market may have reached peak
Last year was a dismal year for those trying to sell a home on O'ahu, with the largest price and sales declines in more than a decade, but there was a silver lining for some buyers: better affordability.
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Home sales surge on Big Isle, Kauai
Hawaii: Hawaii Information Service reported a sales surge for homes sold in January on the Big Island and Kaua'i. The biggest increase occurred in Kaua'i's single-family home market, where the number of sales roughly tripled to 31 last month from 10 in the same month last year.
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Pacifica condo line forming
HONOLULU At about 5 a.m. on Thursday, a few people began lining up in the parking garage of the Honolulu Design Center. The campers in the garage came to buy units in Pacifica, a recently restarted residential high-rise project nearby at 1009 Kapiolani Blvd.
Mortgages not necessarily risky business
Hundreds of lending institutions across the country have folded after failing to see the risk of investing in loans on overvalued properties to poorly qualified buyers. These now-defunct lenders played the subprime game and lost.
