080417REM_R11

REM080417

84 Percent of Americans See Homeownership as Good Investment, Affordability a Growing Concern Each offi ce is independently owned & operated Kona.HawaiiMoves.com Kona Offi ce 74-5450 Makala Blvd., Suite 103 808-329-0021 Conveniently located in the Kona Commons Mall! Absolute Oceanfront Turnkeyfurnished and just steps from the elevator at Kona Bali Kai. Amenities incl. pool/spa/BBQs/picnic tables and more! Walter Sinicki, RB KAILUA KONA Rare commercial condominimum in Pualani Terrace! The combined o ce space is 2,500 SF for endless possibilites! Complex is well-maintained and fully landscaped! Walter Sinicki, RB KEALAKEKUA VILLAGE $469,000 MLS#601329 1 Unit/2 o ce spaces West Hawaii Real Estate | August 4, 2017 11 Once in a lifetime oceanfront tropical retreat! Located in a quiet private gated community & previously owned by a European Princess, this is a must see! Saul Brecher, RS $2,340,000 MLS#296668 2bd/2ba $639,000 MLS#604621 3bd/3ba Exceptional Value in White Sands Beach Estates! The perfect location to enjoy your Hawaii Lifestyle! Rare opportunity to own in a beach community! Ocean Views! Ken Anderson, RB KAILUA KONA $599,000 MLS#608292 3bd/2.5ba Rare gem nestled above Kona in wonderful Holualoa. This property has over an acre of gorgeous land and stunning ocean views. Ken Anderson, RB HOLUALOA Location, Location, Location & View, Views, Views! This beautiful home is perfect for the buyer who appreciates open space & privacy. 1 bedroom 1 bath Ohana too! Saul Brecher, RS WAIKOLOA VILLAGE $689,000 MLS#608678 3bd/3ba Designed by renowned Honoka‘a architect Aza Summers! This one is a one of a kind home and set in one of the nicest neighborhoods in Hilo! Don’t miss out on this!!! Raleigh Luitjens, RS HILO $599,000 MLS#606177 3bd/2ba $799,000 MLS#603336 4bd/2ba CAPTAIN COOK $539,000 MLS#607425 2bd/2ba KEALAKEKUA This Captain Cook gem is bursting with character! Nestled on the slopes of Mauna Loa, is an opportunity to own your own co ee farm at an a ordable price!! Goldie Hayko, RS For more Photos, Listings and Maps go to: www.Kona.Hawaiimoves.com AWASHINGTON (July 12, 2017) ccording to the National Association of Realtors®’ 2017 National Housing Pulse Survey, concerns over housing affordability show clear demographic divides especially among unmarried and non-white Americans. More than five out of 10 unmarried and nonwhite Americans view the lack of available affordable housing as a big problem, compared to only 40 percent of married and white Americans. The survey, www.nar.realtor/ reports/housing-pulse-surveys, measures consumers’ attitudes and concerns about housing issues in the nation’s 25 largest metropolitan statistical areas and found that 84 percent of Americans now believe that purchasing a home is a good financial decision - the highest number since 2007. Yet six in 10 said that they are concerned about affordability and the rising cost of buying a home or renting in their area. Housing affordability was ranked fourth in the top-five issues Americans face in their area behind the lack of affordable health care; low wages and debt making it hard to save; and heroin and opioid drug abuse, and ahead of job layoffs and employment. Nationally, 44 percent of respondents categorized the lack of available affordable housing as a very big or fairly big problem. In the top 25 densest markets, more than half see the lack of affordable housing as a big problem, an increase of 11 percentage points from the 2015 National Housing Pulse Survey. Low-income Americans, renters and young women most acutely feel the housing pinch. There is also greater concern about affordable housing among the working class (65 percent) than for public servants such as teachers, firefighters or police (55 percent). “Despite the growing concern over affordable housing, this survey makes it clear that a strong majority still believe in homeownership and aspire to own a home of their own. Building equity, wanting a stable and safe environment, and having the freedom to choose their neighborhood remain the top reasons to own a home,” says NAR president William E. Brown, a second-generation Realtor® from Alamo, California and founder of Investment Properties. Eight out of 10 believe that the most important financial reason to own a home is that the money spent on housing goes towards building equity rather than to a property owner. Paying off a mortgage and owning a home by the time you retire is the next most important financial reason for buying a home followed by ownership being a good investment opportunity to build long-term wealth and increase net worth. When asked about the amount of down payment needed for a mortgage, four in 10 respondents believe that a down payment of 15 percent or more is necessary. Seventy percent feel that a reasonable down payment should be 10 percent or less, according to the survey. Misperceptions about higher down payment requirements were most prevalent in bigger cities and by older adults. “Despite the growing concern over affordable housing, this survey makes it clear that a strong majority still believe in homeownership and aspire to own a home of their own.” – NAR President William E. Brown


REM080417
To see the actual publication please follow the link above