Home Sales are Down, But the Drop in New Mortgages is Far Greater
Both O‘ahu and national numbers show 56% declines in new residential home mortgages during the first quarter of 2023 compared to the same period last year.
Finance
At Least 10% of U.S. Home Sales Are DIY
The number of homes for-sale-by-owner was up nationwide in 2022. Several local companies offer to list the homes on MLS and handle the closing for a flat fee, but you do most everything else.
Your Hawaii Home Insurance Rates Have Probably Gone Up. Here’s Why.
The reasons are numerous, including rising construction costs, leaking pipes and Florida’s Hurricane Ian. But there are ways to reduce your premiums.
In the Former Foreclosure Capital of Hawai‘i, Most Owners Are Not Selling This Time
Condo sales are way down in North Kona and South Kohala, but a lot has changed since the 2009 downturn.
Tracking Hawai‘i Homeowners Who are Equity Rich or Seriously Underwater
It appears counterintuitive, but the number of people in each category has grown, according to a new report.
Interest Rates are Up, So Number of New Mortgages is Down
The total of home loans issued in Hawai‘i through the end of October dropped 38% from the same period last year.
Here’s What Happens When Workers Become Employee-Owners
The perks of an ESOP include more company tax deductions and employee retirement benefits, and businesses that won’t be gutted by outside buyers.
Hawai‘i’s Most Profitable Companies 2022
Fueled by its China service, Matson tops the list that shows how 70 companies and nonprofits fared in 2021, a year of recovery.
Homeowners’ Omissions Provide More than $30 Million to Honolulu Treasury
More than a third of all owner-occupied homes on O‘ahu are not covered by property tax exemptions because owners did not submit the paperwork. You have until Sept. 30, 2022 to fix that oversight.
