We all knew it was coming and now it is here. A Canadian condominium developer seeking to build two projects in the Kamaole area has filed a suit in Federal Court challenging Maui's "Workforce Residential Housing Policy."

Read More »

We received a mixed-bag today. First the good news. GDP for the second quarter (ended June) was revised upwards to 4%, an outstanding number.

Read More »

Standard and Poor's Case-Shiller Index is a composite of single-family home sales results in the 20 largest US cities. They reported their second quarter numbers today and the news was not good.

Read More »

The National Association of Realtors has released their July existing homes sales data.

Read More »

The US Census Bureau released the national sales figures for new homes  for July today and the numbers were better than expected. Read More »

Bank of America has taken what is the equivalent of a 16% stake in Countrywide Financial, the nation's largest mortgage lender. The size of the investment is $2 billion.  

Read More »

  Home foreclosures in Hawai'i continued growing last month over a year ago, though the local foreclosure rate was sixth-lowest among states, according to a report from RealtyTrac. The Irvine, Calif.-based real-estate research firm said there were 85 Hawai'i foreclosure filings in July, up 60 percent from 53 in the same month last year

Read More »

We are all aware of the dislocation in the mortgage and financial markets. The question for Maui property owners is "what doe sit all mean?" Here is Morgan Stanley's take on what will take place. Some snippets:

Read More »

Of what is transpiring in the financial markets can be read here. 10 questions answered.