I find it surprising that someone who is renting in Honolulu would ever consider not buying when circumstances give them the chance to do so! Outside of taxes, most people’s single biggest expense is their monthly housing cost. For renters, my arguments for buying are as follows.
1. Whether you like it or not, you are making a mortgage payment. In most cases landlords have a mortgage on their rentals, so if you are renting you are paying you landlords loan, not yours. If they don’t have mortgage against the rental, then they may have one against their home and your rent may be making that payment!
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Black Point is at the foot of Diamond Head and is considered one of Honolulu’s upscale neighborhoods. This 5 bedroom 4 1/2 bathroom home is 4,688 square feet under roof and sits on 14,400 square feet of land. It has an air conditioned 3 car garage...
We are less than a week away from Thanksgiving and here are a few things you can expect the market to do between now and Christmas.
1. Fewer buyers will be in the market and the sheer numbers of showing will drop.
2. Though there are fewer buyers in the market, there will be some very serious players on the prowl. These buyers are less worried about the price they pay and are more concerned with getting a home or condo. They generally fall into two categories.
We are less than a week away from Thanksgiving and here are a few things you can expect the market to do between now and Christmas.
1. Fewer buyers will be in the market and the sheer numbers of showing will drop.
2. Though there are fewer buyers in the market, there will be some very serious players on the prowl. These buyers are less worried about the price they pay and are more concerned with getting a home or condo. They generally fall into two categories.
Yesterday’s WSJ had some interesting thoughts on the state of Hawaii’s tourism business.
“High fuel prices earlier in the year, the bankruptcy filings of Aloha Airgroup Inc. and ATA Airlines Inc., which previously served the region,
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