2010 Hawaii Housing Market

As the second biggest vacation home market in the country right behind Florida, Hawaii has seen major ups and downs in real estate cycles, but it’s mainly been upward until the financial crisis slammed its markets. Fallout from the crash in housing is likely to have a lingering hold on Hawaii. But bargain priced properties… Continue reading 2010 Hawaii Housing Market

Huge Rise in Walkaways

A growing number of homeowners are doing what was once unthinkable – strategically walking away from mortgages, and the trend is showing huge signs of increasing with the approval of academia. A consulting company working for financial institutions, Oliver Wyman estimates that 16% of current foreclosures are of mortgage borrowers intentionally walking away, choosing to… Continue reading Huge Rise in Walkaways