Barbara Abe, Your Hawaii Kai Realtor

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 housing market, an industry group said Thursday that sales of existing homes fell 5.1% in ...

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 being affected by the unemployment numbers in the state and the drop in values in many ...

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.  So when asked, I try not to say, "It's slow" or "Prices are down ...

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 a waterfront unit in Peninsula II.  This compares to January, 2009, when 10 homes ...

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. New listing activity decreased to 16 in December vs. 18 last year, and median ...

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 rates, declining inventory, and tax breaks both for sellers and 1st time buyers.  Last ...

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 and homebuilder earnings support a stabilizing housing market, and concerns about ...

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 Condos: In October, total sales decreased from last year, to 226 from 276.  ...

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 ago.  Total sales for the first nine months on Oahu were 1,788, a decrease of 16.2% over ...

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 of $765,000 compared to 114 sales and $852,500 last year. Condos 19 condos sold in ...