Thursday, May 31, 2007

Foreclosure rescue scams on the rise

Are the usual suspects returning to mortgage-related scams as a result of the subprime lending fallout? Does the practice of illegal "foreclosure rescue" operations extend even into the second-home market?
It always seems that when a large group of consumers are in trouble with their home finances, bad guys are around to help the unsuspecting homeowner dig their hole a little deeper. The latest attempt at the age-old practice of equity skimming is foreclosure rescue where scammers peruse county records to find properties that are facing foreclosure for nonpayment of mortgages or taxes.

Read Article....

April 2007 Monthly Statistical Report for Oahu

Wednesday, January 17, 2007

Real Estate: A buyer's market, but still expensive

Compared with many Mainland markets that are in a real estate free-fall, prices and sales activity in Hawaii will still be pretty solid in 2007. But it's becoming a buyer's market, with quick sales, multiple offers and aggressive pricing of fixer-uppers definitely a thing of the past.
Read More...