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Market Conditions for Hawaii Kai and Oahu (RSS)
A report on NewsGeni.us was not encouraging for the real estate industry. While prices are up from last year, there is no clear trend toward a solid recover. Here are some excerpts from the article. "In the latest sign of renewed turbulence in the
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Foreclosures in Hawaii hit a 2010 high in April, even as the overall economy shows signs of modest recovery. The number in Hawaii runs counter to the trend nationwide, where the numbers dipped for the first time in 2 years. Our real estate market is still
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I'm asked the general question, "How's the market?" a lot, but interestingly, people don't really want a general answer. They want to know how the real estate market is in Hawaii Kai, or Portlock, or the Commodore condo building.
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The real estate market in Hawaii Kai is showing signs of life and renewal - inventory has risen, and sales numbers have improved. Hawaii Kai Condos 15 sales closed, the lowest $360,000 for a 1/1 in the Mauna Luan, the highest, $738,000 for a 3/2.5 for
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Single Family Homes 18 homes sold in Hawaii Kai in December, compared to 13 last year. Median sales price was $784,500, vs. $885,000 in 2008. For the year, 182 homes sold, compared to 161 last year. Median sales price was $795,000 vs. $850,000 in 2008.
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November sales of previously owned single-family homes jumped 47 percent, while the surge for condominiums was 103 percent above sales during the same month last year, according to the Honolulu Board of Realtors. We have a great alignment of low interest
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According to a recent survey by Move.com, 5%, or 1 in 20, Americans plan to buy a home within the next year. They are most likely to be 34 or younger and living in the South or West. About 25% of these think prices have bottomed. Recent housing figures
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East Oahu Single Family: In October, total sales decreased from last year, to 391 from 428. Median sales price also decreased, to $832,000 from $899,500. Months of inventory remaining was 3.7 as of month-end, compared to 14.0 months last year. East Oahu
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The Honolulu Board of Realtors has released sales figures for September, which show a positive trend upward. Total number of single family sales for the island were 244, compared to 215 in Sept. 2008. Median sales price was $600,000, vs. 590,000 a year
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Single Family Based on data from the Honolulu Board of Realtors, 15 homes sold in August compared to 11 last year, with a median sales price of $816,000 compared to $779,000 in 2008. Year-to-date, 105 homes have sold in Hawaii Kai, with a median price
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For a second consecutive month, there has been a rise in the number of previously owned O'ahu single-family homes sold, building on what could be an early sign of an expected lengthy market recovery. There were 265 sales in July, up 5.6 percent from
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I've finished the Complete Hawaii Kai Relocation Package and the Hawaii Kai Condo Relocation Package with sales data through June, 2009, and updates on new waterfront condo complexes that have sold this year. Request your free copy at my web site,
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According to the East Oahu Sun , East Oahu residential real estate is still in a healthy market cycle. Year-to-date, the median sold price for single-family homes is $800,000 and for condominiums it is $450,000, the highest median prices for all of Oahu.
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Although May home prices on Oahu were down 15.3%, single-family home prices in Hawaii Kai and Mililani decreased by only 7 percent, according to Harvey Shapiro, the Honolulu Board of Realtor's research economist. He also reported that "prices
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Not just because I follow the real estate market in Hawaii Kai for business reasons, but I also find it interesting what the high and low sales in single family homes and condos were for a particular month or timeframe. Buyers' tastes change, and
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