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West Hawaii Real Estate | August 3, 2016 9 since NAR Short longest May, while and days. sold in less than percentage Realtor. metropolitan listings shortest Francisco- Seattle- at a Sunnyvale and Colo., and 30 days. released home student debt their affirmed the debt is a homeownership adults and the underperforming share of first-time buyers. Nearly threequarters of non-homeowners in the survey believed that their student debt is delaying them from buying a home, with most of them citing not being able to save for a down payment as the primary reason. “At a time of historically low interest rates, responsible student loan borrowers should have the opportunity to refinance their loans from their current rates, which can oftentimes run over double-digit percentage points,” said NAR President Tom Salomone, broker-owner of Real Estate II Inc. in Coral Springs, Florida. “In addition to policy proposals that streamline income-based repayment programs and allow student loan borrowers the ability to refinance into lower rates, NAR supports those that promote student loan simplification, clarity and education. Furthermore, it’s important that mortgage underwriting guidelines related to student loan debt are standardized and do not impair homeownership opportunities.” All-cash sales were 22 percent of transactions in May, down from both 24 percent in April and a year ago. Individual investors, who account for many cash sales, purchased 13 percent of homes in May, unchanged from April and down from 14 percent a year ago. Sixty-three percent of investors paid cash in May. Distressed sales — foreclosures and short sales — declined to 6 percent of sales in May, down from 7 percent in April and 10 percent a year ago. Five percent of May sales were foreclosures and 1 percent were short sales. Foreclosures sold for an average discount of 12 percent below market value in May (17 percent in April), while short sales were discounted 11 percent (10 percent in April). ELECTRICAL SERVICES Always on Electric 808.640.3391 ELECTRICAL CONTRACTOR We Can Help With • COMMERCIAL & RESIDENTIAL • TROUBLESHOOTING • DATA & PHONE • HIGH VOLTAGE LIC.# C-26849 Permits Process PROPERTY CARE 24/7 “We provide personal care and check your home / condo while you’re away.” VacationHouseCheck.com Joan@vacationhousecheck.com (808) 987-1869 Est. 2005 Joan & Peter Kinchla ELECTRICAL NO JOB TOO SMALL FOR ALL YOUR ELECTRICAL NEEDS, WE WELCOME YOUR CALL. Ph/Fax: 325-1600 Cell: 936-0260 Lic.# C-24983 allphaseelectrical@hawaii.rr.com "Specializing in Solar Power Services" FURNITURE FURNITURE NEW & NEARLY NEW • ALSO REUPHOLSTERY • We buy, sell & trade Will pick up one item or a houseful! 329-4477 74-5490 Kaiwi St. Kailua-Kona by Ace Hardware WAIKOLOA CAPTAIN COOK 2bd/1ba. Adorable beach home, just completed & ready for you to enjoy! Ocean, coastline, bay and sunset views are all yours! Lynn Rumball, RB $225,000 MLS#293029 DRYWALL CONTRACTOR Drywall Installations Hawaii Quality Licensed Professionals RESIDENTIAL • COMMERCIAL • TENANT IMPROVEMENT & REMODEL Metal Stud Framing / T Bar Ceiling Hang, Tape and Texture Demo / Rubbish Removal 808-896-3739 • dih2001@hotmail.com Ashford Alices Owner • License #C-21983 KAILUA KONA KEAAU 3bd/2ba. Brand new home on one acre, features a split oor plan. Spacious with plenty of natural light and ocean breezes! Raleigh Luitjens, RS $289,000 MLS#295416 KAILUA KONA PAHOA 3bd/2ba. Great single level home located at the end of the road, providing peace & privacy. Enjoy access to area pool & recreation center! Lynn Rumball, RB $239,500 MLS#295575 2bd/2ba. Stylishly appointed luxury home, situated just steps away from the private Ocean Club & Grill! Sunsets, tropical breezes & more! Ken Anderson, RB $949,000 MLS#289984 2bd/2b. Absolute Oceanfront, turnkey furnished at Kona Bali Kai! Watch year round sunsets, sea turtles & breaching whales from lanai! Walter Sinicki, RB $495,000 MLS#294255 KAILUA KONA 3bd/2ba. Nestled only minutes from the hustle of town, you will nd peace and relaxation within this beautiful upper level retreat! Saul Brecher, RS HONAUNAU 4bd/4.5ba. Fabulous estate waiting for the right builder/investor to nish it! Located in South Kona, you simply must see this property! Thalia Naidu, RS $859,000 MLS#292649 GATES Custom Railing Systems-Aluminum-Stainless-Glass & Cable Design-Materials-Installation Fencing & Custom Gates www.railingsystemshawaii.com btremain@railingsystemshawaii.com Bob Tremain Licensed C-25912 73-4272 Hulikoa Dr. Kailua-Kona, HI 96740 KAILUA KONA CAPTAIN COOK 4bd/4ba. Opportunity awaits with this unique 5 acre property! Multiple units, providing the perfect setting for family or vacation rental! Lynn Rumball, RB $420,000 MLS#296344 Cell: 808-938-9526 Ph. (808) 325-6105 WAIKOLOA 3bd/2.5ba. Open oor plan & outdoor entertainment area boast 180 degree panorama views! Immaculate residence designed to show Aloha! Ken Anderson, RB $649,000 MLS#296420 1bd/1ba. This condo has ocean views from the front & back lanais! The living room lanai not only has an ocean view but the garden too! Harry Hersh, RS $219,000 MLS#296511 Each offi ce is independently owned & operated www.Kona.HawaiiMoves.com Kona Offi ce 74-5450 Makala Blvd., Suite 103 808-329-0021 Download our mobile app @: app.c21.com -You’ll love it PAAUILO 3bd/4ba. Welcome home, you have nally found your authentic Hawaiian ranch! 10 acres nestled on the Hamakua Coast with ocean views! Ken Anderson, RB $849,000 MLS#297155 KAILUA KONA 4bd/4ba. Large home with exible oor plan & space for everyone! Upper level is main home, while the lower level has a separate Ohana! Ken Anderson, RB $495,000 MLS#296336 3bd/2ba. Great open oor plan! Enjoy the beautiful Kona sunsets from your lanai and cooled mountain & ocean breezes! Harry Hersh, RS $559,000 MLS#295024 $329,000 MLS#294224 FOR MORE PHOTOS, LISTINGS & MAPS GO TO: WWW.KONA.HAWAIIMOVES.COM


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