2010 May | Honolulu Real Estate Views

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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Honolulu real estate makes a lot of sense over 10 years

http://www.vimeo.com/11561425

Spoken by Keahi Pelayo | Discussion: 3 Comments »

Call Me A Slimy Opportunist!

May 7th, 2010 categories: For Buyers, Video For Buyers

The stock market craziness of the past few days and even that last few years has made me a true believer in owning Honolulu real estate. My problem with the financial markets is that they have become so complex that they are hard to understand. Good news can make a stock go down and bad news will send it up. Makes no sense to me. Real estate may be boring, but over the long term it can provide exciting returns!

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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Honolulu real estate makes a lot of sense over 10 years

http://www.vimeo.com/11560645

Spoken by Keahi Pelayo | Discussion: 2 Comments »

Honolulu Real Estate Could Stop The Stock Roller Coaster

May 7th, 2010 categories: For Buyers, Video For Sellers

It is common knowledge that real estate is not very liquid. However, I see this as a positive because it allows panics to run their course and can help to protect your investment dollars. Think about allocating part of your investment strategy to Honolulu real estate.

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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Honolulu real estate makes a lot of sense over 10 years

Spoken by Keahi Pelayo | Discussion: 1 Comment »

Get Ready For The Best Time Of The Year To Sell!

May 6th, 2010 categories: For Sellers, The Market

Like most areas, the Honolulu real estate market is cyclical and it is going into the best cycle of the year to sell. If you are thinking about selling your Honolulu house or condo, now (did I write NOW?) is the time to start signing the listing paperwork and taking care of the details to have your home showing its best. The Honolulu summer market begins in mid-May and runs through early August, so if you can have your home on the market in May, you will to take advantage of the best time of the year to sell. Here are a seven low cost things you can do to improve the looks of your living unit. Read the rest of this entry »

Spoken by Keahi Pelayo | Discussion: 1 Comment »

Manoa Strikes Again!

May 5th, 2010 categories: Neighborhoods, Rants & Riffs

Here is another vintage home that can be found in Manoa. Notice the siding, rockwork, bay window and patio just outside the front door. Looks like someone is going through the process of restoring this grand Honolulu home. Who ever it is, congratulations! Good job.

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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Honolulu real estate makes a lot of sense over 10 years

Spoken by Keahi Pelayo | Discussion: 1 Comment »

Hawaii Bankruptcies Up

May 4th, 2010 categories: For Buyers, For Sellers, The Market

The Honolulu Advertiser is reporting that Hawaii’s bankruptcies have risen.

“Bankruptcies have risen for three consecutive months as people continue to experience economic problems brought on by unemployment, fewer work hours and problem mortgages. The April number was 56 percent more than a year earlier.” CLICK HERE TO READ THE ENTIRE HONOLULU ADVERTISER ARTICLE

I do some work with a few of the local bankruptcy trustees and they have been sending me more properties to evaluate. Even though the increase in filings looks negative, I believe it is part of the recovery process. People that are over extended can hang on for only so long and once they come to the conclusion that they can’t make it through to the good times, they either let their home go into foreclosure or file bankruptcy. Don’t despair, because toward the end of the article the author leaves us with some good news.

“Hawai’i’s bankruptcy filings per capita traditionally have been one of the lowest in the country but have been rising. Federal court numbers show Hawai’i’s rate last year was fifth lowest, at 2.41 cases per 1,000 population.”

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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Honolulu real estate makes a lot of sense over 10 years

Spoken by Keahi Pelayo | Discussion: 3 Comments »

Honolulu Foreclosures Up & We’re Still Better Off

May 3rd, 2010 categories: For Buyers, For Sellers, The Market

Pacific Business News is reporting that Honolulu’s foreclosure rate increased by 123% year on year! Nice headline, but read further and you will find that our foreclosure rate is in the bottom half of the 206 surveyed metro areas.

“There were foreclosure filings on 1,564 properties, or one in every 216 households, according to the latest survey by Irvine, Calif.-based RealtyTrac Inc. The number of foreclosures jumped 14.8 percent from the previous quarter.

Honolulu ranked No. 110 for its foreclosure rate in the survey of 206 metropolitan markets in the United States.

Nationally, foreclosure filings grew 16 percent year over year to 932,234, or one in every 138 households. Filings were up 7.2 percent from the fourth quarter of 2009.” CLICK HERE TO READ THE PACIFIC BUSINESS NEWS ARTICLE.

I would rather see the number of foreclosed properties at a much lower level, but my nose tells me we are better off than most places.

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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