Summit Mortgage Corporation, a national mortgage lender based in Minneapolis, has opened its first branch office on Oahu. Tony Dias, president of VA Loans Hawaii, has been named manager of the new branch, the company’s 69th, located in Waipio Gentry. A Big Island branch was opened in December. “About six months ago, I started looking […]

Hawaii HomeOwnership Center Executive Director Dennis Oshiro said the organization’s primary mission of helping first time home buyers get into the real estate market has not changed since the organization was founded in 2003, but it has been broadened to include assistance to home owners facing foreclosure. Over the past six years, HHOC has helped […]

Douglas E. Pearson, Castle & Cooke Homes Hawaii Vice President of Construction, has been installed as 2010 President of the Building Industry Association of Hawaii. Other officers are President-Elect James Byxbee of Homeworks Construction, Inc., Vice-President Dean I. Asahina of Universal Construction, Inc., Secretary Craig Washofsky of Servco Home & Appliance Distribution, Treasurer Kip K. […]

According to a statistical report recently released by the Honolulu Board of Realtors, single family home resales on Oahu in 2009 totaled 2,585, a decrease of 5.7 percent from 2,741 in 2008. Condominium resales on Oahu for 2009 totaled 3,467, an 11.8 percent decrease from last year’s 3,933. The median sales prices of $575,000 for […]

By the end of 2009, real estate agents and property managers were reporting reduced rental rates and longer vacancy periods. Rental ads were typically including offers of “one month free rent” and rent reductions. Darlene Higa (RA), RMP, the newly installed president of the Oahu Chapter of the National Association of Residential Property Managers (NARPM), […]