Hawaii Randy's Real Estate Opinions: Foreclosures are Still Low in Hawaii

Randy, that's pretty awesome. It's better here in Texas than most places, too and I sure wish people would stop watching the national news. Buyers are scared here and there's no reason to be.

Hi Randy.  That's really some great news about Hawaii.  Too bad for us here in Georgia where we are at the extreme opposite of Hawaii.  We're always at the top of the foreclosure list.  :(   You guys must be doing something right.

You know what Randy...I watched the national news two nights ago...and lo and behold....they are saying "nationwide....foreclosures are up".....they need to get a grip and do a media piece that says....and in this state...this county...this neighborhood....because we sure don't see all that gloom stuff here. shucks. get it right, huh?

Nightline is on and really going off on foreclosures in California

Randy, for your sake and the sake of your beautiful state, I hope they remain that way.

Now Have a Blessed Day,

John Occhi, Hemet REALTOR®
Mission Grove Realty

Linda - We have the same dymnamic here.  I have other agents tell me how bad it is.  I question if they are really paying attention.

Venice - Our lenders have better business practices and our unemployment is quite low.

Sally - Even worse the news reports here locally started the foreclosure report with the title stating foreclosures are up.  You had to read the article to find they dropped 3% and that we were among the lowest in the nation.

Larry - Their forcelosure rate is insane.

John - As long as our economy remains strong and out lenders continue to act in a professional manner we should remain strong for awhile.

Randy, why should it be high there.... all you need are a few coconuts and a small boat.  ;o) <teasing>  Seriously... that is great.  Do you have any reasoning to these numbers in Hawaii?  thanks

As Larry says, they have been hitting CA hard about foreclosures. It really is pretty local, at least in my area of CA. Good news for you in paradise, Randy.

Jeff B. - Our lenders were a lot more responsible and our economy has been strong.

Jeff D. - I can understand the reason they are getting so much heat.  Considering California has one foreclosure filing out of every 258 households.  In Hawaii the rate is one out of every 3,749 households.  Our local media continually reports how that is up from last year.

That does it. I'm moving to Hawaii.  I'm learning to hula so I get my abs back in shape and I'm crashing the set of Lost.

Randy,

That's a good thing...that means those lenders lent money to people who really have jobs and their loans were structured realistically.

Unfortunately the media is stuck on reporting doom and gloom for pretty much every aspect of life. Glad to here Hawaii is doing well. I can't wait to get back there for some R&R.

Randy, Sure am glad to hear that news!

Sounds like your market will make out OK through all of this "doom and gloom!" Keep selling...and keep telling!

Chris - You can always visit, if you do not move here.

Neal - Most of them.  We had the knuckleheads too.  Most of the people that are in trouble are from over re-financing.

Lysa - Thank you

Gary - Being in a tourism and military economy, we can always turn on a dime.  So far full steam ahead.

Randy, So I guess you could say that there isn't trouble in Paradise? Remarkable.

Andrew - We live in Paradise, how mych trouble could there be?