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Honolulu Headlines--Isles lag in loan crisis

A recent article in the Honolulu Star Bulletin newspaper stated that "A declining trend in mainland foreclosures is not expected to extend locally".  Of course this is disappointing to the many who are weary of distressed properties and hoping for a near-term recovery.  While the article points out that there are signs of relief on the mainland, it must still run its course here in Hawaii.  The full article can be found HERE.

Congrats to those in mainland areas that endured the pain and are now in recovery and may we soon follow in your footsteps.  It's only a matter of time.

Aloha,

Search Kauai/Big Island | Search Maui | Email | About Me | Visit Website | Phone/Text (808) 651-4550Richard T. Dolbeare (RA), Keller Williams Realty logo

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Richard T. Dolbeare, R(B)

Keller Williams Realty(808) 651-4550

Aloha@RichardDolbeare.com 

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 Hawaii multi-island specialist, Maui & Kauai
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Comment balloon 2 commentsRichard T. Dolbeare • February 23 2010 05:40PM

Comments

Rich I too  hope you will see the foreclosure inventory disappear.  The mainland is far from being out of the woods.  Great news that some areas that were hit hard are now recovering.

Posted by Jennifer Fivelsdal, Mid Hudson Valley real estate connection ( JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571) over 8 years ago

How's your area doing Jennifer?

Posted by Richard T. Dolbeare, R(B), ABR, CRS...Hawaii Multi-Island Specialist (Keller Williams Realty Maui) over 8 years ago

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