Although the value of most Big Island properties decreased in 2009, some homeowner assessments have risen.
Hawaii County Real Property Tax Administrator Stan Sitko said Tuesday the reason lies in the 3 percent cap put on property values in the homeowner classification in 2004.
The cap was established so properties “would not be subject to more than [...]
Entries Tagged as 'Real Estate'
Big Island Property Assesments Rise, Even as Values Decline
March 20th, 2009 · No Comments · Economy
Tags: Real Estate·taxes
Big Island Home Prices Down 26% From Last Year
March 6th, 2009 · No Comments · Economy
Homes on the Big Island sold for $100,000 less in February than they did a year ago.
There were 85 single-family homes sold on the Big Island in February, a 17 percent drop from the same month last year, according to statistics from Hawaii Information Service. Sales were down by 29.5 percent for January and February [...]
Tags: Real Estate
The Big Island Triples Foreclosures In January
February 13th, 2009 · No Comments · Real Estate
Bad news for Hawaii homeowners. Forbes reports:
Hawaii’s rate of foreclosure filings for January was 174 percent higher than a year ago and topped 300 for the sixth consecutive month.
RealtyTrac, an Irvine, Calif.-based foreclosure listing service, reported 337 filings for January, up from 123 a year ago. Despite the big increase, the figure was the lowest [...]
Tags: foreclosure·Real Estate
