Today's Commentary · June 17, 2026
June 17: AE jobs; NMLS review, fraud monitor, margin mgt. tools; mortgage products shifting... Progressive's "uppayment"?
Here in Honolulu, as it is in places like Florida and New York, the condo market and HOA fees are of paramount importance, as are the affordability impact of special assessments. Even though the inventory of houses for sale has steadily increased in many areas, some people want more. One idea being bantered about is changing, or eliminating, the capital gains tax on the sale of primary residences. Money talks, and as this veteran LO points out, a housing crash won’t fix affordability. A crackdown on H-1B...