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JUNE 2009
Real Estate News
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Real Estate Outlook: Recovery Underway

The pattern gets clearer week after week: We are looking at a slow-motion housing recovery that is itself feeding into a broader economic recovery that should have us out of recession later this year.

Now that's not to ignore the fact that there are markets in the country that still face very challenging economic dynamics - with no real turnaround in view yet on housing sales, prices and unemployment.

But the national numbers are telling us something important, and they increasingly look positive.

 

MORE ARTICLES:

 
May Round Up: Rates Tick Upward
 

 
Your Front Porch (Lanai)May Help Sell Your Home
 

 
Buying Condo Now More Difficult: Fully Research The Complex Before You Buy
 

QUICK- Still Below 5%
Mortgage Rates
U.S. averages as of May 28, 2009:

30 yr. fixed:   4.91%
15 yr. fixed:   4.53%
1 yr. adj:        4.69%

CLICK HERE TO FIND OUT HOW TO GET $8000 TO BUY YOUR NEW HOME

Contact our lending partner Allen Blackard at 808-221-5670
 

 
Take the last new home construction starts and permits reports. Your local paper or the network news may have said housing starts dropped again, but that was misleading.

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Appraisers Advise Sellers How to Get Top Dollar

Want to get top dollar when you sell your home? Listen to what professional appraisers say.

Their job is to determine the true market value of homes so they know what makes a property sell for the greatest amount and can tell you how to best ready your home for market now and later.

"A few years ago, houses were selling quickly with little effort. Now many homeowners actually have to make improvements before they can sell their home," said appraiser Mike Evans, a Fellow of the American Society of Appraisers (ASA).

In the term, cosmetic touch ups can help

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Finding the Perfect Neighborhood

check out katebraden.com/neighborhoods.shtml A home is not an island.

The surrounding neighborhood is just as important because it can have a big impact on your lifestyle -- safety, available amenities, and convenience all play their part, according to the National Association of Realtors (NAR).

NAR also says you can keep your home value buoyed if you find the right neighborhood.

And you can find the right neighborhood by getting information direct from the best sources -- rather than from second hand and often incomplete data bases professing to offer you one stop shopping for all your neighborhood checking needs.

Before you go - check out Honolulu and Oahu's neighborhoods at
http://katebraden.com/neighborhoods.shtml to get some idea of which neighborhoods you should be looking in.

Key to Earning Energy-Efficiency Tax Credits

Homeowners now can claim up to $1,500 in expanded energy-efficiency tax credits for remodeling their principal residence to reduce energy consumption. Available until the end of 2010, the revamped Existing Home Retrofit (25C) Tax Credit helps consumers save two ways: on their costs and on their ultilty bills.

"Remodelers can help find the best methods of saving energy in your home with an assessment, like a home energy audit," explained Greg Miedema, CGR, CGB, CAPS, CGP, a remodeler from Tucson, Ariz. "Tightening the house to reduce air leakage by adding insulation, fixing ducts, and installing a more efficient heating and air conditioning system can help save on energy bills today while also reducing next year's tax bill."

The expanded federal tax credit refunds 30 percent of the product replacement cost up to a total of $1,500. It can be used not

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