Kona Kohala Blog

I've spent the last 4 days working with clients in North Kohala, South Kohala and North Kona.  Same clients each day looking for a home they can use part of the year and have family get togethers for holidays.  They have some special needs like plenty of room for kids and grand kids, prefer a pool, great views and not a lot of maintenance.  Fortunately their price range is between $1M and $2M.

We started out with 21 possibles and have now narrowed it to 4.  It's surprising how many really nice homes are out there in that price range.  We also looked in Kohala by the Sea but ruled them out because of, ready for this, too much sun glare off the ocean.

We have been able to find beautifu luxuary homes with lush landscaping and a lot of character within that range.  If you can afford that price there are many, many great homes to choose from.  Now is the time, prices are down, way down from where they were a year or two ago.  Jumbo loans are below 6% for the first time in a long time and there are lots of home to choose from.  Call me, 808-896-0661 or email Robert@FerrariPacificRealty.com and let me know what you're looking for.

Now on to my favorite subject, our economy.  Do you realize that in spite of the promises of jobs we are getting a jobless recovery, if we get the recovery.  No one is going to get a new job at a bank or a brokerage house but that's where the money is going.  How does that make sense?

We are spending more money faster than any time in history and saddling our kids and grandkids with more debt that they can imagine or ever get out of.  In the short term some of this may work but don't expect to see any jobs created.  That means no new sources of tax money which means higher taxes for those still working which may mean fewer people working.

What is so hard about simple economics?  How does the government printing new money make sense in handling a recession?  How does raising taxes on anyone create new jobs?  I'm no economist but I do keep my bank book balanced and carry no debt.  Isn't that how our country supposed to run?