BeverlyMolfino

Beverly Molfino RS - Specializing in Hawaii Real Estate!

Beverly Molfino Portrait Photo

Contact Me:

  • Office: (808) 963-6881
  • Cell: (808) 937-7246
  • Email: This email address is being protected from spam bots, you need Javascript enabled to view it
  • FREE Market Analysis of your property!


Welcome and thank you for visiting my website. Real estate has been my lifelong passion. I have a long and successful history in real estate and I do my very best to pass this on to my clients. It would be my pleasure to share my extensive knowledge of this remarkable and beautiful part of Hawaii with you.

There is a large selection of great properties currently on the market: oceanfront, expansive views, both small and large parcels, stunning mountain views, lush vegetation, and much more. This is a great time to buy or sell property in Hawaii!  Click to read my full bio page >

 

PRICE REDUCED: Oceanfront Ninole - Hamakua Coast

  • MLS # 200004
  • Price: $489,000
  • Land Area: 1.35 acres

Location:
32-890 Hanamalo, North Hilo

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The Big Island... A Buyer's Market

(June 13, 2008)

Here are some highlights from an article in the June 6, 2008 issue of 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."

Some brokers in Hilo see things getting better. "What my agents are telling me is that the last few months seem to be pretty positive," said one broker, adding there are a good selection of properties.  "The prices are down. They might still go down," and there are low interest rates for people wanting to buy a home.  "People are definitely still coming to Hilo."

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What to do if your Home won't Sell

(June 5, 2008)

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)

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