This is my 32nd year in Hawaii Real Estate and each year is very different. We certainly have a dynamic business. Waking up unemployed every day does have its benefits though, you learn to adjust very quickly, or you don?t eat. I like to eat as those of you who know me can tell.
On May 6th, 2011 Act 48 became law in Hawaii. I first blogged about Act 48 here, Act 48 ? Hawaii Real Estate Values to Decline. In my earlier blog, I predicted that the courts would clog up with judicial foreclosures. That prediction is starting to happen a lot faster than I thought.
Fannie Mae announced June 10, 2011 that they will now only be doing judicial foreclosures in Hawaii. Read the Fannie Mae announcement here. Today, I attended a free educational seminar for real estate brokers on Maui presented by Title Guaranty Escrow that provided additional insight into the new law.
At Gay Realty Watch, we look for news to share with you about the gay real estate market ? both lgbt real estate news and news specific to gay and lesbian real estate meccas.
Full Story from The Hawaii Reporter
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