If you’re thinking about selling your house, you may have heard about the housing market slowing down in recent months.Aloha, Lance Owens (RS) with LUVA Real Estate and our partners at KCM here, and while it’s still a sellers’ market, the peak frenzy the market saw over the past two years has c
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08/23/2022
Aloha, Lance Owens (RS) with LUVA Real Estate and our partners at KCM are bringing you the latest in real estate trends - after seeing the national number, scroll down to the bottom as I touch on a few local numbers.Some Local Highlights In North Kona, we have seen inventory almost double in some
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07/22/2022
I get asked a lot about the market recently, so just think of it like this:Imagine you are driving down the highway. The speed limit is 65 mph, but you and the many other cars on the road are humming along at 85-90 mph. You’ve been traveling this speed for well over an hour. You are making great
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06/03/2022
Is It Enough To Offer Asking Price in Today’s Housing Market? West Hawaii and National Numbers. Lance Owens Lance Owens Your 2022 go to real estate expert for the Big Island of Hawaii -37 years in Hawaii, the last 22 in Kona. Local Expertise you can count on. Published Apr 27, 2022 + Follow Aloh
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04/27/2022
A lot has changed over the past year. For many people, the rise in remote work influenced what they’re looking for in a home and created a greater appetite for a dedicated home office. Some professionals took advantage of the situation and purchased a bigger home. Other people thought working fr
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09/21/2021
Aloha, Lance Owens (RS) here with LUVA Real Estate bringing you our monthly sales report. Talk about some crazy numbers, let's start with......"Absorption Rate": The term absorption rate refers to a metric used in the real estate market to evaluate the rate at which available homes are sold in a
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07/08/2021
Aloha, Lance Owens (RS) here with KonaHomeTeam (luva llc). I go over this topic when training agents, or educating my clients, (both buyers and sellers) - some get it, some don't, and let's face it, if there was one perfect way to negotiate, we would all be doing it!What is an escalation clause y
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06/21/2021
Aloha, Lance Owens (RS) here with KonaHomeTeam (luva llc). I go over this topic when training agents, or educating my clients, (both buyers and sellers) - some get it, some don't, and let's face it, if there was one perfect way to negotiate, we would all be doing it!What is an escalation clause y
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05/19/2021
Aloha, Lance Owens (RS) bringing you the latest in Real Estate News, and I can tell you first hand, ITS NOT HAPPENING! In our local market (West Hawaii), SFH sales were up 63% over last October, but more important than that, 36% of them sold for cash (see below about walking away from equity) but
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11/18/2020
We are excited to announce the Fall release of our valuable "Buyers Guide" ! Like we even have a "Fall" in Hawaii ! Just know that this new guide is up to date with current market conditions, how covid is affecting things like mortgage rates, home prices, and so much more. Also see what the exper
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09/22/2020
