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Seller Information for Oahu Homeowners (RSS)
With housing recovering slowly, most economists predicted in a recent survey that it will take at least five years for average home prices to climb back to the levels they commanded in 2006. This year, some hard-hit areas may see another dip, but properties
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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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2009 was the year of "wait and see, the market will probably go lower." 2010 is going to be the year of the Tiger, the time to "take advantage of the market." Here are 3 reasons you should consider calling me soon to discuss listing
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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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O'ahu property assessments are down about 6.7 percent from a year ago, according to notices being mailed out this week to 284,000 property owners islandwide. The 6.7 percent is less than the 10 percent drop in assessments that had been projected by
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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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