Oahu's Foreclosures...

Hawaii foreclosures rise, but rank low nationally
The Honolulu Advertiser
"The number of foreclosure filings in Hawai'i tripled in December compared to a year earlier, though the foreclosure rate for the entire year remained one of the lowest nationwide..." <-Read full report.

Low Interest Rates!

Hawaii’s mortgage rates fall to 4-year low
Honolulu Star-Bulletin By Kristen Consillio

"Hawaii home buyers are seeing the lowest mortgage rates since 2004 when rates fell to a 40-year historical low..." <- Read

Recent Leasehold News...

Judge lets ranch oust leaseholders
Honolulu Star-Bulletin By Nina Wu 1/19/08

"A Circuit Court judge ruled yesterday in favor of Kaneohe Ranch Co. in its battle against lessees at the Kailuan cooperative, meaning more than a dozen people will be evicted by Feb. 15..."


Kailuan eviction hearing slated for tomorrow
Honolulu Star-Bulletin By Allison Schaefers 1/15/08

"A Circuit Court judge could decide tomorrow whether former leaseholders at the Kailuan cooperative, whose lease expired on Dec. 31, have enough arguments to halt eviction proceedings or pursue their own case against landowner Kaneohe Ranch..."


Court revives lease-to-fee efforts of 36 condo owners
Advertiser By Andrew Gomes 1/15/08

"A federal appellate court yesterday reinstated a lawsuit that may allow 36 current or former owner-occupants in Waikiki's Discovery Bay condominium to buy the fee in their leasehold units or collect damages from the city..."

Recent Leasehold News...

Judge lets ranch oust leaseholders

Honolulu Star-Bulletin By Nina Wu 1/19/08

"A Circuit Court judge ruled yesterday in favor of Kaneohe Ranch Co. in its battle against lessees at the Kailuan cooperative, meaning more than a dozen people will be evicted by Feb. 15..."


Kailuan eviction hearing slated for tomorrow

Honolulu Star-Bulletin By Allison Schaefers 1/15/08

"A Circuit Court judge could decide tomorrow whether former leaseholders at the Kailuan cooperative, whose lease expired on Dec. 31, have enough arguments to halt eviction proceedings or pursue their own case against landowner Kaneohe Ranch..."


Court revives lease-to-fee efforts of 36 condo owners

Advertiser By Andrew Gomes 1/15/08

"A federal appellate court yesterday reinstated a lawsuit that may allow 36 current or former owner-occupants in Waikiki's Discovery Bay condominium to buy the fee in their leasehold units or collect damages from the city..."

A Report to Improve Awareness of Predatory Lending...

Book Excerpt: Continuing Education
3 Signs of Predatory Lending
BY MARIE SPODEK, GRI, AND JEROME MAYNE

"By definition, greater upfront costs and continuing higher interest payments are some of the differences between prime lending and subprime lending. While providing opportunities to build equity through homeownership, subprime lending does cost more..." <-Read full report.

Housing Market Statistics...

Oahu home, condo sales fell 12% in '07
Pacific Business News (Honolulu) Wednesday, January 2, 2008 - 2:44 PM HAST

"Sales of single-family homes fell 10 percent on Oahu in 2007, according to figures released Wednesday by the Honolulu Board of Realtors..."