*NEWSFLASH*
All Hawaii Property Owners, Please Read

The historic property value increases that have taken place are gone.  We at the La Vau Group update our statistics on a weekly basis to keep all of our clients aware of the changes in the marketplace.

• Island-Wide, Median Sales Prices Have Fallen To Levels of Found in the 1st Quarter of 2004

• Island-Wide Sales Volume has Dropped To The Levels of June 1999

• Average Days On Market For Properties Sold Have Nearly Doubled To Levels of January 2004

Why is this a NEWSFLASH???  Because this was the same trend that occured in California, Nevada and Florida before the huge turn and huge declines in value in those areas.  Some areas in California have seen a nearly 60% drop in value vs. historic highs realized just 24 months ago.

Even in Oahu, where the Median Sale Price actual ticked upward a tad, sales volume actually decline 23%+ last month vs. last years totals (July 2007 vs. July 2008).  This too, mirror what occurred in California before the fallout began.

We at the La Vau Group are informing you of this for several reasons. 

If you have purchased real estate in Hawaii during the past 3-4 years and you have a mortgage on the property, you may already be in a negative equity position.  (ie)  You owe more on your property than it is worth on the open marketplace.

If this is the case, you will have two options.  Either weather the storm for the next 5-7 years until the market rebounds or you may be faced with the potential for foreclosure if you cannot continue to make your monthly obligations.  Industry experts concur that Foreclosure on one or more properties usually leads to Bankruptcy.

We here at the La Vau Group are here to tell you that:  FORECLOSURE AND/OR BANKRUPTCY ARE NOT YOUR ONLY OPTION!

As experts in this area of real estate, we can help you steer clear of this minefield and keep your financial portfolio healthy.  The key is contacting us as soon as possible.  Do not wait until your are behind on payments or have no capital reserves to take any preventative action whatsoever.   AND if you are already there, do not delay a moment longer.  Contact us right now.  You still have options!

For those of you who do not have a large mortgage on your property or are still in a equity position, (or think so) contact us so we can give you a market update.  That way, you'll know exactly where you stand and can make the best decision for your future.

The bottom line is this.  Either way you are bleeding equity at an alarming rate and the historical data indicates that this trend is going to continue for the foreseeable future.

Sean and Darin are both real estate brokers who have experienced two complete swings in the marketplace.  As licensed brokers in both Hawaii and California they have helped hundreds of people in your very position.  Most agents around today have only been through a single "up" market and are ill equipped to provide you with the knowledge and expertise you need to survive. 

By contrast, the La Vau Groups team of experts have done this before and stand ready to assist you through these difficult times.

Contact us today for a no cost or obligation consultation.  Don't wait until it's too late and the prophecy of Foreclosure and/or Bankruptcy becomes your only option.