James Pycha's REMAX Kauai Real Estate Blog

I have been through two previous Real estate cycles here on Kauai. Like this one, they are volatile, complex and persistent. They have pervasive effects on people's livelihoods, wealth and health. I've always been fascinated with the question "What causes real estate cycles?" I read an article b...

Although these mortgage firms were the lender of record at the time of closing, many have sold the mortgages to other larger companies including FNMA and FDMC. Also several have gone out of business as a result of the sub-prime mortgage loan meltdown. Hammond Company COUNTRYWIDE BANK FSB Bank of...

Water Heaters constantly lose energy to the outside air. They frequently turn on to keep the water at full temperature. When they are setting in a cold place like the garage, they can waste a lot of energy. But most folks don't need large amounts of hot water after showers and clothes washing in...

This is a follow-up to the above Kauai Single Family Residence Mean Sales Price chart I posted earlier. The following is an effort to educate Sellers concerning the effect of Real Estate cycles on current list prices. In the following treatise, I will assume that the mean sales price of Kauai Si...

What do I actually own when purchasing a Fractional Interest? Fractional real estate ownership is very much like ownership of your principle residence. As a fractional owner, you will enjoy the peace of mind that comes with having a deeded interest in your Kauai vacation home or condominium. In ...

  A Short sale is a sale of real property  where  one or more existing lenders  agrees  to accept less than the total amount  due on a loan in exchange  for a release  of the mortgage  securing the loan.  The situation  occurs when net proceeds  are not enough  to cover the seller's loan obligati...

Many individual investors make the mistake of seeing the signs of a bubble market, and not taking steps to avoid loss. If the time between the listing of a home and the sale of a home begins increasing, then that is a sure sign that the real estate market is cooling. Given that during a normal y...

Although some Buyers may interpret such dramatic facts and figures as a declining market (which of course it is) and lose motivation to Buy, others who have watched this decline for the last year may now conclude that such conditions are the signal to enter the market. As in any volatile market,...

A survey from the real-estate-data company Zillow.com, which each quarter conducts a survey to gauge homeowner confidence in the health of the housing market. Zillow.com, based in Seattle, is a Web site that tracks home values across the country. In its second-quarter survey, released Wednesday,...

Avoiding Default and Foreclosure If you have fallen behind on your payments, consider discussing the following foreclosure preventionoptions with your loan servicer: Reinstatement: You pay the loan servicer the entire past-due amount, plus any late fees or penalties, by a date you both agree to....