James Pycha's REMAX Kauai Real Estate Blog

    Location Price Bedrooms Bathrooms Land Area Living Area Days on Market Contract Date Hanalei Bay Villas #9 $899,000 2 2.5   1,244 45 10/27/2008 Kauila St $244,800 Land   8,583   352 10/27/2008 4568 Kawailoa St $325,000 3 1.5 6,098 1,094 54 10/29/2008 4586 Io Rd #18 $289,000 2 1 4,301 702 184 ...

WASHINGTON - Bowing to growing concerns about a deep recession and the remarkable declines on Wall Street, the Federal Reserve lowered its benchmark interest rate by half a percentage point on Wednesday, tapping its most visible policy tool to free up more money for banks and businesses. The move...

Although all of the economists agreed that we are in a recession-despite lack of official government confirmation-and have been for many months, several characterized the current financial turmoil as an overreaction, given the country's narrowing trade gap and strengthening dollar. "I'm hopeful t...

America's Federal Reserve took further measures to boost liquidity by unveiling a plan to provide up to $540 billion to support money-market mutual funds. The funds, which are usually low-risk investments in short-term debt, have been troubled since the collapse of Lehman Brothers, which caused R...

Lower home prices are luring some buyers back into the U.S. housing market, but foreclosures and a weakening economy are likely to keep downward pressure on prices for at least another year, economists say.  A quarterly Wall Street Journal survey of housing data in 28 major metro areas shows that...

) Taxkey Location Price Days on Market 4-3-3-3-28-36 Halelani Village #D104 $200,000 33 4-5-3-6-22-71 Kaiulani Of Princeville #71 $835,000 130 4-3-3-17-127 Pikake Subd Lot #:1732 $267,500 43 4-2-1-9-40 819 Laulea St $459,000 33 4-4-6-17-66-1 4928 Laipo Rd $299,900 156 4-4-6-15-13-5 4896 Nunu Rd #...

Start of Recession Worst two quarters    Change peak-to-trough    Change in unemployment rate*    Quarters in recession    Quarters of slow growth    1948 -3.5 -1.7 3.3 4 0 1953 -4.3 -2.6 3.4 4 5 1957 -7.4 -3.2 3.4 3 8 1960 -2.3 -0.5 1.9 3 4 1969 -1.3 -0.2 2.6 4 10 1973 -3.1 -3.1 4.1 5 8 1980 -4...

The International Monetary Fund was created in 1944 [1], with a goal to stabilize exchange rates and supervise the reconstruction of the world's international payment system. Countries contributed to a pool which could be borrowed from, on a temporary basis, by countries with payment imbalances....

The World Bank has over $40 billion in capital and stands ready to double lending for developing countries if needed. Last year, the Bank lent $13.5 billion from that fund. "I could imagine that will go up considerably this year," Zoellick said. In addition, nations pledged a record $41.7 billion...

Start of Recession Worst two quarters    Change peak-to-trough    Change in unemployment rate*    Quarters in recession    Quarters of slow growth    1948 -3.5 -1.7 3.3 4 0 1953 -4.3 -2.6 3.4 4 5 1957 -7.4 -3.2 3.4 3 8 1960 -2.3 -0.5 1.9 3 4 1969 -1.3 -0.2 2.6 4 10 1973 -3.1 -3.1 4.1 5 8 1980 -4...