Hawaii Foreclosure Rates Rise and Buyers Benefit
Quick market update: The amount of Hawaii foreclosures rose 340 percent compared to last September. Hawaii is now in the top 20 of all states for amount of foreclosure filings. Prices have steadily been dropping the past two years and this is going to create some great buying opportunities in the months to come.
Both the banks that have to sell these foreclosures and the sellers that actually have to sell their home are going to be competing for the smaller buyer pool we have. This will give buyers more power and leverage when negotiating the price for their new home purchase. Mortgage rates are still at an all time low creating a great time to get a loan as well.
Feel free to contact us to help you find a great property that fits your needs.
American Dream Realty Launches New Site
Well we finally launched our site’s new web design. The old one was online for close to five years. Not all the functions are up and working yet. We would love to get some feed back as to how you like it and what it is lacking. We are really interested in making it a great site for the user.
Our old provider Cybersunshine made it really easy for us not to use them any longer. Their customer service kept getting worse and worse every year plus they got caught not totally integrating something we paid them to do. The old site was very slow and dated as well. We did not think they were a company that was capable of integrating something that was fast and was going to be good for our users.