Archive for April, 2009
Do A Short Sale and Still Pay Taxes!
April 30th, 2009 categories: For Sellers
Anyone considering a short sale needs to read this Wall Street Journal Article.
CLICK HERE TO SEARCH FOR YOUR NEW 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.
| Discussion: 1 Comment »
California Bell Weather For Honolulu?
April 29th, 2009 categories: The Market
Traditional wisdom says that the California real estate market is a key indicator for the Hawaii real estate market. If this is the case, then a recent Wall Street Journal may show a coming shift in the Honolulu housing market.
“California’s housing-market slump showed hints of improvement in March, with sales of existing single-family homes increasing 64% from the prior-year period and median home prices rising month-to-month for the first time since August 2007, according to a trade group report.
California’s inventory of unsold homes in March fell to a three-year low of five months, according to a report released Monday by the California Association of Realtors. That compares with 12.2 months of inventory the group reported for March 2008.”
CLICK HERE TO READ THE ENTIRE WSJ ARTICLE
CLICK HERE TO SEARCH FOR YOUR NEW 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.
| Discussion: 1 Comment »
Hot Honolulu Summer Market!
April 28th, 2009 categories: For Sellers, Homes For Sale, The Market
After selling real estate for 26 years, 17 years in Honolulu, I have noticed that there are natural cycles in the market. They go something like this. From the beginning of January to early March, the market picks up. As tax season approaches the market slows, then beginning in May lots of property sells through the mid-August. The market then slows as parents and kids get back into the groove of school. The market can be slow through the end of October Then there is usually a small bump from November through mid-December. This surge is generally a result of 2 types of buyers. The first is a buyer that needs to buy and close by the end of the calendar year. The second is the person who will be transferring to Oahu in the New Year. Like the whales coming to Hawaii in the winter, the cycle repeats itself!
We are on the cusp of what I believe will be a strong summer market! Here are 5 reasons why. Read the rest of this entry »
| Discussion: No Comments »
Newspaper Circulation Going Down!
April 27th, 2009 categories: For Sellers, Rants & Riffs
The Internet is shifting our world. From the founding of our country, newspapers have been the major sources of information, but with a recent Audit Bureau of Circulations report their relevance to news delivery and, therefore, marketing is eroding .
“According to ABC, for 395 newspapers reporting this spring, daily circulation fell 7% to 34,439,713 copies, compared with the same March period in 2008. On Sunday, for 557 newspapers, circulation was down 5.3% to 42,082,707.”
CLICK HERE TO READ THE ENTIRE EDITOR & PUBLISHER ARTICLE
In Honolulu real estate, for the last 3 or 4 years advertising a property in the Honolulu Advertiser or Honolulu Star Bulletin has been producing ever-decreasing results. The “buzz” in the real estate community is that print media is becoming less relevant and the web is taking on more importance. Think about it.
CLICK HERE TO SEARCH FOR YOUR NEW 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.
| Discussion: No Comments »
Honolulu Foreclosure Ranking Very Low But…
April 23rd, 2009 categories: The Market
RealtyTrac is reporting that Honolulu’s ranking of 150th in foreclosures in the nation is still very low. Note, however, that our island had one of the highest increases in the number of foreclosures.
“While Honolulu still ranks near the bottom of the list, it recorded one of the nation’s 10 highest percentage changes from the first quarter of last year.”
CLICK HERE TO READ THE HONOLULU STAR BULLETIN ARTICLE
Like the Disney movie we have an opportunity to “eliminate the negative and accentuate the positive”. Interpretation? No matter the rate of increase in the number of foreclosures, we are still one of the lowest. To put it another way, I would rather own in Honolulu than Phoenix.
CLICK HERE TO SEARCH FOR YOUR NEW 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.
| Discussion: No Comments »
Vintage Honolulu Home
April 22nd, 2009 categories: Rants & Riffs
Here is another beautiful home that can be found in Kaimuki. Enjoy.
| Discussion: 1 Comment »
The Answers
April 22nd, 2009 categories: KU Realty
If you read yesterday’s post, I committed to provide my answers to the questions you should ask the Honolulu real estate brokers you may consider hiring to sell your home. The questions and my answers follow. Read the rest of this entry »
| Discussion: No Comments »
Thinking of Selling Honolulu Real Estate?
April 21st, 2009 categories: For Sellers
The sale of a condominium or home in Honolulu is one of the largest financial transactions a person might complete in a given year! With this in mind, the selection of the broker to handle this sale is really important. How do you select an agent? There are many ways to go about the process. You can get a referral from a friend, choose the one that advertises the most, go with a national firm or consult an oracle.
In my opinion, a company is only as good as the individual agent you might select. I know very good Realtors at both large and small companies, national and local firms, one-person shops and brokerages with 300+ agents. Here’s my point, select the agent with whom you will be working, as they will be you point of contact and the person in charge of customer service. Here are 9 questions to ask any agent you are thinking about hiring to sell a property. Read the rest of this entry »
| Discussion: No Comments »
Ilikai Sold At Auction!
April 20th, 2009 categories: Rants & Riffs, The Market
The much awaited auction of 204 apartments at the legendary Ilikai happened last week. Hopefully, the new ownership will have the financial fire-power to finish the units and common areas. The Ilikai needs this because, of late, it has been looking run down as a result of the foreclosure process.
“iStar’s bid works out to $172,414 per residential unit, and $937,500 per commercial unit.”
CLICK HERE TO READ THE ENTIRE ARTICLE
CLICK HERE TO SEARCH FOR YOUR NEW 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.
| Discussion: 1 Comment »
An Effort To “Lighten Up”
April 17th, 2009 categories: Rants & Riffs
In a good way, it has been a very good week in my real estate business. I thought it might be good to share something to “lighten” things up for the weekend. A few weeks ago, I watched this lizard hunting on a tree just outside the front door of the home I was at. It was mesmerizing to see him jump from limb to leaf looking for a tasty bug. Have a great weekend!
| Discussion: 2 Comments »
; ?>/images/MatoChiclet.gif)
