Kona Kohala Blog

Median price is still on the way down in North Kohala, <28.23%>, South Kohala, <20.39%> and North Kona, <25.98%> for Single Family Residences (SFR's).

Condo prices are on the way down in North Kona down <13.41%> while South Kohala is up 36.83% for the year so far.  There have been a few $1M+ condo sales this year that have pushed the median price above last years price.  No condos in North Kohala.

The number of sales in all areas, with the exception of North Kohala, are down.  Up there they have 7 SFR sales this year compared to 6 last year at this time.  In South Kohala, however, we have a <77.27%> in condo sales from 44 last year to just 10 in 2009.  SFR sales in South Kohala aren't quite that bad but are down <32.65%> this year while in North Kona, SFR sales are down <49.28%>.  North Kona's condo sales are down <42.55%>.

This is bad news for sellers unless they have owned their property more than 5 years, in most cases, and haven't refinanced and taken money out.  It's great news for buyers because, not only are prices down but acitivity is down.  This means seller's on the whole are more motivated to negotiate on price and terms.  It's the best time to be a buyer in almost a decade.

Now, about Obama's plan to charge the military for medical coverage.  I know, it's not a plan at this point but the most ludicrous thing is that he would consider it, no, the most ludicrous thing is that any nut job in Washington D.C. would suggest it.  What the hell is the matter with these people.  This is the biggest arguement for mandatory military service at least for anyone going into public service and I use that term loosely.

Sergeant Erik Roberts, U.S. Army, was wounded in Iraq in April of 2006.  His injuries have required that he go through 13 surgeries to save his leg.  He received a bill for $3,000 for his treatment.  The V.A. was pursuing the payment until CNN picked up the story and a senator got wind of it.  Since then, the V.A., never a friend of any veteran, has withdrawn the charge.

As a veteran of Viet Nam I can tell you that had I had to pay my own medical I would not have willingly gone.  Medical coverage has never been questioned for people who put their lives on the line for this country.  How damn dumb do you have to be to even come up with an idea like that?  How can these government schmucks sit in their lavish offices with all their perks including the best medical coverage in the world, that's right, the world and consider cutting it from our men and women in uniform.  They should all be taken out and shot, not killed just shot.  Then tell them there is no medical coverage, they have to get their own.