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Buyer Information for Oahu home buyers (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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May, 2010 showed a positive trend in real estate for both Hawaii Kai and East Oahu. Single family homes, Hawaii Kai Closed sales - 15, up from 13 last year Median sales price - $885,000, up from $750,000 last year Average sales price - $1,583,233, up
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18 condos sold in Hawaii Kai in May, ranging in price from $361,000 for a 1 bedroom on the 6th floor of the Mauna Luan, to $735,000 for a 3 bedroom/2.5 bath waterfront home in Kuapa Isle. 16 single family homes sold in May, with a low of $530,000 for
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CoreLogic reports that 9.8% of all mortgages in Hawaii had negative equity in the 2010 first quarter, the 10th lowest percentage of any state in the country. Negative equity means the borrower owes more on the loan than the value of the home. The company
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The new company which is doing our Board of Realtors statistics now uses graphs in an easy-to-read format, and produces 3 reports: Monthly Indicators, Housing Supply Outlook, and Local Market Updates. If you would like any of these, just contact me for
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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 Honolulu Board of Realtors is publishing new statistical data now for neighborhoods on Oahu, organized by TMK. For Hawaii Kai, this is 1-3-9. The new format comes with graphs, with single family homes and condos on the same page. Shown are Year-to-Date
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A federal report suggests O'ahu home prices may be in a rebound, joining other indicators that a housing market turnaround is strengthening. The Federal Housing Finance Agency yesterday reported that O'ahu single-family home values in the fourth
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New, naturally formed beach land above the high-water mark in Hawaii belongs to the public, not adjoining property owners, the Intermediate Court of Appeals has concluded. The court upheld provisions of a 2003 law that declared that future land formed
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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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Home sellers and potential buyers nationwide welcomed the recent news that Congress had decided to extend and greatly expand the Home Buyer's tax credit in an attempt to further stimulate the economy. Not only does the new legislation extend the existing
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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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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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Thanks to our Honolulu Board of Realtors, we agents on Oahu are so lucky to have complete and current real estate market statistics for the island ready by the first of every month. Here's what our reports showed for Hawaii Kai real estate in August.
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