BeverlyMolfino

Beverly Molfino's Profile in Homes of the Big Island

Here is an article shown in the "Homes of the Big Island"  Publication:

If her admiration and knowledge of Hawaii doesn't impress you her attention to detail and hard work will. Beverly Molfino has been exercising her real estate skills since 1967. Beverly has instinctual knowledge and understanding of the importance of agriculture and land values; which comes from her father, a vineyardist.

Her family's expertise originated in the early 1900's, when Beverly's grandfather began working as a carpenter and later invested in land. It has been a family affair ever since. The collective family knowledge has only enhanced Beverly's keen sense of prescribing the perfect property for her clients.

Beverly is a great listener and many who have worked with her can testify that it is that skill that helps her 'rise above the crowd'. Her client following is primarily by referral. Beverly's inquisitive approach to learning all about a property results in very loyal clientele.

Her love for the Hamakua Coast and its cascading waterfalls, tropical flowers, swaying palms and crashing waves keeps this agent close to home. Beverly's listings are abundant in Hilo and Hamakua, and she has the advantage of her affiliation with MacArthur & Company Sotheby's International Realty with offices in Waimea and Kona. This association allows her impeccable reputation to be shared island-wide.

MacArthur and Company Sotheby's International Realty has profitable and productive relationships with a national and worldiwde community of professionals. Service excellence and quality exposure for client's properties is a company constant. Innovative marketing resources, of both the Waimea and the new Kona office, not to mention, decades of presence as a leader in Hawaii's Luxury Real Estate market, have earned MacArthur and Company Sotheby's International Realty the advantage of the highest level of customer service.

The high standards and ethics of MacArthur and Company Sotheby's International Realty compliment a seasoned professional like Beverly Molfino and offers outstanding results.

The Big Island... A Buyer's Market

Here are some highlights from an article from the Hawaii Tribune Herald:

Beverly Molfino, one of the leading realtors on the Big Island of Hawaii  in downtown Hilo, knows the North Hilo and Hamakua market ---- probably better than anyone!

"The market is very quiet," she said, adding, "everyone is looking for a deal."

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What to do if your Home won't Sell

Homes take longer to sell today than they did in 2005. This is due to a slow home-sale market that has resulted in a build-up of the inventory of unsold listings. Although there are exceptions, this situation is expected to continue until late 2008 or 2009 -- at least. What options do sellers have whose homes aren't selling quickly enough?

Many of the homes that aren't selling are priced too high for the current market. The median sale price of homes sold nationally in February 2008 was down 8.2 percent from a year ago, according to the National Association of Realtors. This percentage was even higher in cities like Miami and Las Vegas that were speculative hotbeds in 2004 and 2005, and now have high foreclosure rates. 

Some areas are doing better than others. For example, here on the Big Island of Hawaii, the median sale price of homes sold in the South Hilo district in May 2008 was essentially the same  compared to a year ago. But, for the same period, the median prices of homes in North Hilo and Hamakua actually increased 24% and 22% respectively! (Source: Hawaii Information Service)