Real Estate Underdog Fighting For All Of Us!

February 8th, 2010 categories: Rants & Riffs

Your right to own and control your property is one of the key constitutional rights that the founders of the United States wanted to assure through the constitution.

Since I am in real estate everyday, I see how our property rights are constantly challenged by governmental agencies a the necessity for them to approve of the things that we do with our land.  The Maui News is reporting that a landowner on the Valley Isle has had enough and is challenging the County of Maui’s twice denying him a water meter for his 2.2-acre lot.

“Through his attorney, James Fosbinder, Davis is asserting constitutional claims of uncompensated taking and violation of equal protection and due process. The claims attack the validity of the Upcountry water meter waiting list and, potentially, East Maui Irrigation Co.’s access to water for Hawaiian Commercial & Sugar Co.” CLICK HERE TO READ THE ENTIRE MAUI NEW ARTICLE

Mr. Fosbinder deserves our support and prayers because should he win this suit, a blow will have be struck against the tide of regulation that has been slowly eroding our property rights.

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If you would like to discuss your real estate needs, feel free to call me at 808-737-2093 or toll free at 877-737-2093.  You can email me at keahi@lava.net.

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The Kooks Are Targeting Real Estate For Tax Increases!

February 8th, 2010 categories: Rants & Riffs, The Market

Every January Honolulu taxpayers should be very concerned because the Hawaii State Legislature goes into session.  If you have been watching the news you might be aware that all levels of Government are experiencing revenue short falls.  Rather than curbing spending, the majority of our elected officials are marching lockstep toward raising taxes to cure the problem they created.  Today’s Pacific Business News is reporting that representative Rida Cabanilla is proposing to levy a new tax of 1% of any commercial or residential property sale.

“The proposed tax, which would take effect July 1 and sunset after five years, would be on the gross proceeds of a sale, minus a real estate salesperson’s commission and conveyance tax, and would apply to both commercial and residential properties.” CLICK HERE TO READ THE ENTIRE PACIFIC BUSINESS NEWS ARTICLE.

I am not going to bore you with all of the reasons that this proposal is bad for real estate and the Hawaiian economy.  Unfortunately, Hawaii’s governmental officials are blind to the idea that they need to decrease spending first. Then they need to reduce taxes so those of us that work at expanding the economy and jobs, can help to grow the state out of economic doldrums.  Think about it.

SEARCH FOR YOUR HONOLULU HOME

If you would like to discuss your real estate needs, feel free to call me at 808-737-2093 or toll free at 877-737-2093.  You can email me at keahi@lava.net.

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Two Honolulu Condos For Sale

February 8th, 2010 categories: Condos For Sale, For Buyers

Here are two Honolulu condos that came on the market over the weekend.  Feel free to call me at 808-398-3220 to discuss any of them; I can represent you as they are listed with other real estate firms.

Honolulu Condos

Vangaurd Lofts 2 bedroom 2-bathroom with 2 parking, 1,329 square feet of living area and a 333 square foot lanai.  Central location puts down town, Honolulu  Hale and Queens within walking distance.  $950,000.  CLICK HERE FOR FACT SHEET.hr1002079-2[1]

Yacht Club Knolls 3 bedroom 2-bathroom with 2 parking stalls. Large 1,489 square foot Cutter model. Private end unit in excellent condition with lots of upgrades. Spacious upper level lanai off living room and master bedroom. Downstairs bedrooms open to the large fenced courtyard.   $475,000.  CLICK HERE FOR FACThr1002086-3[1] SHEET.

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Two Honolulu Houses For Sale

February 8th, 2010 categories: For Buyers, Homes For Sale

Here are two home listings that have come on the market over the weekend.  Feel free to call me, Keahi Pelayo, at 808-398-3220 if you would like to see either of these Honolulu homes.  These are listed for sale by other companies and I can fully represent your interests.

Honolulu Homes

Koko Head Terrace! 3 bedroom 1.5-bathroom with 1,070 square feet of living area.  You’ll be content in this charming location and quiet residential neighborhood. Nearby schools and parks make this an extra convenient location. Recreation, shopping and beaches are also close. It’s no wonder homes sell fast here. Very respectful neighbors, none in the back. Streets are wide with ample parking. Great fixer upper opportunity!  $530,000. CLICK HERE FOR FACT SHEET.hr1000335-1[1]

Waialae Nui fixer upper. Rim lot with panoramic ocean views from Hawaii Kai to Diamond Head. Two level home with 3 bedroom 2-bathroom upstairs and 3 bedroom 1-bathroom downstairs. Bring your contractor and tradesman and make it your dream home.  $825,000.  CLICK HERE FOR FACT SHEET.hr1002052-1[1]

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Are London & Honolulu Real Estate Related?

February 5th, 2010 categories: KU Realty

I am going to comment on a place I have never been and know nothing about.  The Wall Street Journal is reporting that the London real estate market is very strong.

“Looking at the real estate listings here is like stepping back in time to that unreal, giddy world of three years ago—before Lehman, before subprime, before AIG. Back to a period when everyone was either rich or on their way, either from flipping condos or running hedge funds, and the only direction was up.” CLICK HERE TO READ THE WALL STREET JOURNAL ARTICLE

What does this have to do with the Honolulu real estate market? London may suffer from the same lack of inventory that the Honolulu has been experiencing.  If supply is low and demand is up, then one would expect upward pressure on prices and competition for good properties.  I guess Honolulu and London have more in common than the Union Jack.

SEARCH FOR YOUR HONOLULU HOME

If you would like to discuss your real estate needs, feel free to call me at 808-737-2093 or toll free at 877-737-2093.  You can email me at keahi@lava.net.

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Wow! Beautiful Honolulu Home Just Listed For Sale!

February 5th, 2010 categories: For Sellers, Homes For Sale

This listing was literally put on the market in the last few hours.  It is located in one of Honolulu’s most desirable neighborhoods, Maunalani Heights.  It has 4 bedrooms 3.5-bathrooms and 2,215 square feet of living area.  What makes this home special is its rim lot (10,309 square feet) location and insanely fabulous views.  Priced at $1,325,000 I expect this home to sell very quickly.  Here is the best reason to buy this Honolulu house, I live up the street and we would be neighbors! Another real estate company lists this home for sale and I can represent you in your purchase.

CLICK HERE FOR A COPY OF THE MLS FACT SHEET.hr1001457-3[1]hr1001457-1[1]

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Two Honolulu Houses For Sale

February 5th, 2010 categories: For Buyers, Homes For Sale

Here are two home listings that have come on the market in the last 24 hours.  Feel free to call me, Keahi Pelayo, at 808-398-3220 if you would like to see either of these Honolulu homes.  These are listed for sale by other companies and I can fully represent your interests.

Honolulu Homes

Kealaula Kai 3 bedroom 2.5-bathroom, 1,976 square feet of interior area. Looking for the perfect home, this is it! Everything is new – roof, windows, siding, inside & out. Just move in & enjoy the beautiful views & wide open spaces. Special details you find in homes twice the price.  $1,388,888.  CLICK HERE FOR FACT SHEET.hr1001945-1[1]

Noela Drive 6 bedroom 9-bathroom, 6,743 sqaure foot home. Its all about the LOCATION, the PRIVACY and the SPACE. A magnificent garden and a 50-ft pool welcome you into this grand private estate on one of the most desired streets in Honolulu.  The moon rising over Diamond Head sets the stage for large scale entertaining. $3,150,000. CLICK HERE FOR FACT SHEET.hr1001942-1[1]

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Three Honolulu Condos For Sale

February 5th, 2010 categories: Condos For Sale, For Buyers

Here are three Honolulu condos that came on the market overnight.  Feel free to call me at 808-398-3220 to discuss any of them; I can represent you as they are listed with other real estate firms.

Honolulu Condos

2121 Ala Wai.  2 bedroom. Rarely available corner unit on high floor. Relax on your breezy lanai over looking a spectacular panoramic view of Ala Wai Canal, Golf Course and the mountains. Unit has space for washer and dryer. Guest parking available. Conveniently located to Wakiki, beach, bus-line, shopping and restaurants. Maintenance fee includes electricity, water and basic cable.  $400,000. CLICK HERE FOR FACT SHEET.hr1000316-8[1]

1350 Ala Moana.  2 bedroom 2-bathroom. Ocean and Waikiki views! Prime location walking distance to beach, park, Ala Moana and Ward Shopping center. Enjoy outdoor and indoor activities in this building! One of the largest size units with extra size storage! Great amenities, security guards. $638,000.  CLICK HERE FOR FACT SHEET.hr1001935-0[1]

Kuapa Isle.  3 bedroom 2.5-bathroom. Marina Frontage end unit with excellent light, breezes and marina views. Spacious indoor-outdoor living with private covered lanai, side yard area and two-story design. Almost feels like single-family living. Great location and waterfront value.  $675,000.  CLICK HERE FOR FACT SHEET.hr1001974-3[1]

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Four Honolulu Houses For Sale

February 4th, 2010 categories: For Buyers, Homes For Sale

Here are four listings that have come on the market in the last 24 hours.  Feel free to call me, Keahi Pelayo, at 808-398-3220 if you would like to see any of these Honolulu homes.  These are listed for sale by other companies and I can fully represent your interests.

Honolulu Homes

Lower Nuuanu. Immaculate detached 3-bdrm 2.5-bth CPR’d home in a great location. Only 8 yrs young. Open floor plan makes it feel a lot larger than 1,089 sq ft. Split A/C systems, solar water, marble, ceramic tiles, security system, tons of storage, low maintenance yard, 2 car garage and more. No maintenance fees makes this even attractive to condo buyers. $634,000. CLICK HERE FOR FACT SHEET.hr1001904-1[1]

Pauoa Valley. Situated at the top of a shared driveway off Uhini Place is this single family home that offers you a sense of privacy and views of the ocean and city from the living room and master bedroom. This home includes a rompus room that can be used as a separate living area. Great location, minutes away from Downtown Honolulu.   $669,000. CLICK HERE FOR FACT SHEET.hr1001905-1[1]

Dowsett hidden Gem! This unique property features two homes on one lot! The main home was specially designed & built to maximize the lush tropical settings; the swimming pool & hot tub area create the perfect setting for entertaining, w/solid mahogany wood details throughout, stainless steel appliances, granite counters & a natural running waterfall which flows into the tranquil Koi pond.Priced at $1,879,000. CLICK HERE FOR FACT SHEET.hr1001919-1[1]

KAHALA exquisite Island retreat walking distance to Kahala beach. Masterfully designed amid lush tropical landscaping comprised of 5 bedrooms, 5 & one half baths, gourmet chef’s dream kitchen, high quality custom details, a soothing color palette, 3 car garage & ultimate privacy. The classic open floor plan seamlessly connects the rich interior living areas to large covered veranda w/pool & spa. $3,200,000.  CLICK HERE FOR FACT SHEET.hr1001907-2[1]

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Four Honolulu Condos For Sale

February 4th, 2010 categories: Condos For Sale, For Buyers

Here are four Honolulu condos that came on the market overnight.  Feel free to call me at 808-398-3220 to discuss any of them; I can represent you as they are listed with other real estate firms.

Honolulu Condos

Nuuanu Brookside. Talk about a prime location and spectacular view, this conveniently located, move-in condition studio is PRICED TO SELL! Low leasehold rents until approx. 2070. $219,00. CLICK HERE FOR FACT SHEET.hr1001888-2[1]

Ala Wai Cove. Bright and Airy! Relax and enjoy the beautiful views and trades on your large lanai! Lots of storage! Near bus line and a super convenient location in town! A great starter place or investment opportunity! $289,000. CLICK HERE FOR FACT SHEET.hr1001874-8[1]

Four Paddle Condominium. Fall in love with Hawaii…feel the Aloha spirit.  A must see…breathtaking white water ocean view. This is a fully remodeled end unit. Professionally decorated, custom granite counter tops, light hardwood cabinets, designer lighting. A ‘one-of-a-kind exquisite bathroom with a kitchen built for a chef (Furnishings negotiable). $440,000.  CLICK HERE FOR FACT SHEET.hr1001848-8[1]

Nuuanu Parkside. Bright, breezy and amenities galore! Building features a wine cellar, a business center, security, a private park with BBQ, and a heated pool purified by salt. Beautiful views of the city, ocean and mountains from three lanais, and an easy drive to town. Tandem covered parking and pet-friendly. An American Home Shield Warranty policy is provided to Buyers.  $509,000.  CLICK HERE FOR FACT SHEET.hr1001910-3[1]

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