Waikoloa Village Update: Slow Season Doesn’t Stop Buyers

During the month of May 2010, my hometown of Waikoloa Village counted 5 new homeowners. Among the 5 homes purchased, one of them was a short sale at $339,000 (shorts sales are sales by which the proceeds fall short of the balance owned on the property’s loan), two were Real Estate-Owned at $250,000 and $309,000 (foreclosed properties are owned by a lender, typically a bank, who removes some of the liens and other expenses on the home and tries to resell it to the public), and the last two were regular transactions at $353,500 and $449,000 in Sunset Ridge at Waikoloa. 

April 2010 counted 6 homes that had sold in Waikoloa Village and 5 homes in March 2010…. Do you see the pattern here? Let’s hope for an even more fruitful month of June, wherein Buyers and Sellers meet to make their dreams come true. I will keep you posted!