Kona Kohala Blog

It is unfortunate that this administration knows nothing of fishing poles and it would even be comedic if they weren't my tax dollars being flushed down the drain but they are so it's not funny.

Once again the administration turns its back on root causes and focuses on short term fixes that have already been proven not to work.  Every effort to date, all the various forms of loan modification and forgiveness have been for naught.  Not only have there been only small numbers of people involved in these futile attempts at redemption but those who did buy in are usually back in financial trouble within 6 months.

As our friend and mentor Yogi Berra said, "It's deja vu all over again."  The liberals want to make people dependent on them for hand outs.  Every time something goes wrong they throw money at it even though we've seen by the recent efforts to do this, it doesn't work.  "It's the economy, stupid", as one famous American said not too long ago.

Fix the economy and all these other problems go away.  You'd be surprised at how many Americans would make their mortgage payments if they had a job.  Bailing people out is not the answer.  Making people dependent upon a government on makes for more dependency, not the independence that most people want.  Given the choice of living off the public dole or earning a living performing worthwhile work, most people would choose work.  Work is good, it's a healthy endeavor and it's personally rewarding beyond a pay check.

Fix the economy and watch how quickly our society comes back around.  It is too bad that the liberals tend to look at different ways of giving handouts rather than different ways of creating a vibrant work place.

How about real estate?  There is a great selection of homes listed between $1M and $3M available today.  I've been working with clients for the last four days looking at homes in this price range from Kona to North Kohala.  Last year we were looking at the same homes but their prices were about 20% or more higher than today.  The problem this year is deciding between numerous beautiful homes within their price range that meet their needs.

If you're in this price range now is the time.  Jumbo loans through one of our favorite lenders are as low as 5.125%.  With interest rates creeping up the last two days they may be higher today but still, they're great rates.  Low interest rates and a good sized inventory, the ideal time to find that dream home that may have been just out of your reach last year.  Call me at 808-896-0661 or email Robert@FerrariPacificRealty.com for more information on these or any other homes you may be interested in.