Lance Owens, Realtor, Kailua Kona, Hawaii, Real Estate, Information, Blog, Kona Real Estate,

head_left_image

How’s the Real Estate Market? Find Out What the Experts Are Saying

Aloha, Lance Owens (RS) With LUVA Real Estate And I Wanted To Share What The Experts Are Saying About Real Estate. If You Know Me, I Don’t Always Agree With The Experts, But I Do Like To Look At What They Say And How They Get There....

 

 Thursday May 25th, 2017  For BuyersFor SellersHousing Market Updates

As we head into summer, it is a great time to review how the 2017 real estate market is doing so far. Here is what the experts are saying:

Doug Duncan, Fannie Mae Chief Economist

“Positive demographic factors should continue to reshape the housing market, as rising employment and incomes appear to be positively influencing millennial homeownership rates.”

Diana Olick, CNBC

“Even as more homes come on the market for this traditionally popular sales season, they're flying off fast, with bidding wars par for the course. Home prices have now surpassed their last peak, and at the entry level, where demand is highest, sellers are firmly in the driver's seat.”

Daren Blomquist, Senior VP at Attom

"I am guessing we will see it get even better… If you are considering moving, it could be a really good time to sell."

Lawrence Yun, NAR Chief Economist

"The early returns so far this spring buying season look very promising as a rising number of households dipped their toes into the market and were successfully able to close on a home last month. Although finding available properties to buy continues to be a strenuous task for many buyers, there was enough of a monthly increase in listings…for sales to muster a strong gain. Sales will go up as long as inventory does."

Mark Fleming, First American Chief Economist

“Despite higher mortgage rates, the potential for home sales increased on an annual basis driven by steady income and job growth, along with a surge in building permits. While it may be a little late for this spring, the increase in building permits is a welcome sign that some relief may be in sight for the inventory shortages that are holding back many markets from realizing their full potential this spring.”

  

Follow KonaHomeTeam on Facebook Follow us Twitter Follow us on LinkedInGoogle us  Google + Profile   Lance Owens

Click on any of these (above) to follow me on your favorite Social Media site:  

Follow this link below for your daily report 


Aloha, and have a great day 

Lance Owens (RS)

(808) 936-8383

Lance@KonaHomeTeam.com

www.KonaHomeTeam.com

LUVA Real Estate 

75-240 Nani Kailua Dr #8 , Kailua Kona, HI. 96740 (Pines Plaza) 

How’s the Real Estate Market? Find Out What the Experts Are Saying
share
Aloha, Lance Owens (RS) With LUVA Real Estate And I Wanted To Share What The Experts Are Saying About Real Estate. If You Know Me, I Don’t Always Agree With The Experts, But I Do Like To Look At What They Say And How They Get There… Thursday… more
Buying A Home? Do You Know The Lingo?
share
Buying a home can be intimidating if you are not familiar with the terms used during the process. To start you on your path with confidence, we have compiled a list of some of the most common terms used when buying a home. Freddie Mac has… more
Kailua Kona, Hawaii Real Estate Market Report - Highest Level Since 06
share
Friday February 25, 2017, For Buyers For Sellers Housing Market Updates Infographics Kailua Kona, Hawaii: Median Price Is At Its Highest Level, YTD, On Existing Home Sales Since 2006! Mainland Sales Also Reach Their Highest Mark Since… more
$9, 000 an Acre for Prime Hawaii Land - Fee Simple
share
$1, 251, 000 is the price for 5 parcels, totaling of 141. 14 acres with water agreements, paved access, pasture/farm land - See TMKs below. $ 434, 000 is price for this lot of 51 Acres Pasture Land, Farm Land, Ranch Land, Coffee Land, Tea Land, it’s… more
SNEAK PREVIEW - REO Luxury Home in the Mid $1, 490, 000
share
SNEAK PREVIEW: Previously Priced at $2, 400, 000 and $1, 950, 000 This is a Bank Owned Property and we are waiting for final numbers. ~ $1, 490, 000 is a Suggested Price and has NOT Been Bank Approved ~ We do expect to be priced at, or below this number… more
Winter Storms Bring Snow to the Big Island of Hawaii
share
Lucky we live Hawaii, the only place I know of where you can snowboard in the morning, and bodyboard in the afternoon First Snow has hit the Big Island, and the Ski Lifts are OPEN… Ok, im kidding about the ski lifts, but the snow is real, it is… more
Mortgage Interest Rates Just Went Up… Should I Wait To Buy?
share
Posted on November 29, 2016 - 07:03 AM by Lance Owens Mortgage Interest Rates Just Went Up… Should I Wait To Buy? Tuesday November 29th, 2016 First Time Home Buyers For Buyers, Interest Rates Move-Up Buyers Aloha, Lance and Kimi… more
Lower the Price - After the Election My Client Said…
share
My first thought was to laugh :) but after thinking about it for a minute I started wondering?? This election has America split just about down the middle so what will the difference be. Either way, half of America will be pissed off, and half… more
USDA and VA Approved Subdivision in Hawaii
share
Kamani Trees is one of the best kept secrets in Kona for Homes under $450, 000! Ocean views, underground utilities, sidewalks, street lights and trash pick up, low association fees and reasonable CC&Rs. Centrally located above Alii Drive,… more
Lava Flow Update: Big Island of Hawaii To Open Viewing Area
share
This is an ABSOLUTE MUST DO if you are in Hawaii, thinking about Hawaii, or just few items short on your bucket list! I will never forget, being able to go up to the Lava flow back in the 80s. Let me tell you, it was one of those "… more