Archive for the 'The Market' Category
Honolulu Foreclosure Rate Lowest In Hawaii
July 21st, 2010 categories: The Market
The Honolulu StarAdvertiser is reporting an overall year over year drop is foreclosure filings statewide in Hawaii. But the really good news was found in Honolulu.
“By county in Hawaii, Honolulu had the most filings at 342, but it had the lowest rate, at one filing for every 986 households.”
CLICK HERE TO READ THE ENTIRE ARTICLE
Just a bit more good news that may be pointing to an improving urban Honolulu real estate market.
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.
Video Blogs
Honolulu Real Estate Is A Good Investment
Honolulu Home Median Price of $1,000,000
Honolulu real estate makes a lot of sense over 10 years
Buying more might make your retirement better
Under New Rules-Lenders Even More Important
Sellers Beware Of Company Addenda
Sellers Get Your Surveys In Advance
| Discussion: No Comments »
Economist Says Hawaii Real Estate At Bottom
July 20th, 2010 categories: The Market
One of my favorite economists, Paul Brewbaker, spoke to the Realtor Association of Maui this past week. Essentially he is saying we are through the worst of the downturn in Hawaii real estate (my words). Below is a quote from the Maui News, if you have time read the entire article because Paul expresses quite a few reasons to be optimistic.
“He told the Realtors Association of Maui that his take-home message was that people shouldn’t wait too long to buy if they’re hoping to find bargains.” CLICK HERE TO READ THE ENTIRE ARTICLE
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.
More Video Blogs
Honolulu Real Estate Is A Good Investment
Honolulu Home Median Price of $1,000,000
Honolulu real estate makes a lot of sense over 10 years
Buying more might make your retirement better
Under New Rules-Lenders Even More Important
Sellers Beware Of Company Addenda
Sellers Get Your Surveys In Advance
| Discussion: 1 Comment »
Bankruptcy May Hold Info On Honolulu Real Estate
July 19th, 2010 categories: The Market
Today’s video blog discusses an increase in the number of properties I am analyzing for bankruptcy trustees and deductions that can be made relating to the normal Honolulu real estate market.
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.
More Video Blogs
Honolulu Real Estate Is A Good Investment
Honolulu Home Median Price of $1,000,000
Honolulu real estate makes a lot of sense over 10 years
Buying more might make your retirement better
Under New Rules-Lenders Even More Important
Sellers Beware Of Company Addenda
Sellers Get Your Surveys In Advance
| Discussion: No Comments »
Maui & Kauai Stats Evidence Of Bouncing Real Estate Market?
July 13th, 2010 categories: The Market
Pacific Business News online has two articles today that show Maui and Kauai condo and house sales significantly up over last year.
“Maui home and condominium sales saw big year-over-year increases in June as the median price of homes remained flat and condo prices fell. The 77 single-family homes sold last month were 24 percent more than the 62 sold a year ago. Condo sales more than doubled, from 45 last year to 105 this year.” CLICK HERE TO READ THE ENTIRE ARTICLE
“Kauai home and condominium sales saw big year-over-year increases in June as median prices fell.” CLICK HERE TO READ THE ENTIRE ARTICLE
For the last six plus months, the core Honolulu real estate market has been improving. Historically, the Hawaii market rebounds first on Oahu, then the neighbor island markets follow. Could our improving market be following trends of past recoveries? Let’s talk in about a year.
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.
More Video Blogs
Honolulu Real Estate Is A Good Investment
Honolulu Home Median Price of $1,000,000
Honolulu real estate makes a lot of sense over 10 years
Buying more might make your retirement better
Under New Rules-Lenders Even More Important
Sellers Beware Of Company Addenda
Sellers Get Your Surveys In Advance
| Discussion: No Comments »
Classified Ads & Honolulu Real Estate Sales
July 9th, 2010 categories: The Market
A recent article in the Pacific Business New discusses that viability of classified advertising in relation to selling houses.
“The recent merger of Honolulu’s two daily newspapers may be irrelevant when it comes to the future of classified advertising. Those making decisions on how to sell cars and houses or find employees have been shifting to online advertising models for the past decade.”
CLICK HERE TO READ THE ENTIRE ARTICLE
It has been amazing to watch the crash and burn of the local newspapers. Gone are the days of a significant Sunday classified section to look for houses, condos, cars or any other item one may be looking for. The lesson for all of us is that change is constant and that our success may blind us to those issues that could be leading to our failure.
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.
More Video Blogs
Honolulu Real Estate Is A Good Investment
Honolulu Home Median Price of $1,000,000
Honolulu real estate makes a lot of sense over 10 years
Buying more might make your retirement better
Under New Rules-Lenders Even More Important
Sellers Beware Of Company Addenda
Sellers Get Your Surveys In Advance
| Discussion: 1 Comment »
Honolulu Real Estate Statistics For June 2010
July 8th, 2010 categories: The Market
CLICK HERE TO OVERALL OAHU STATS
CLICK HERE FOR STATS ON LOCAL HONOLULU COMMUNITIES
CLICK HERE FOR HONOLULU HOUSING OUTLOOK
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 »
Recovering Tourism-Good For Honolulu Real Estate
July 8th, 2010 categories: The Market
Pacific Business News is reporting a significant increase in hotel occupancy rates.
“Oahu maintained the highest occupancy rate at 86.3 percent, up 11 percentage points from a year ago.”
CLICK HERE TO READ THE ENTIRE ARTICLE
Since tourism is one of the main driving forces in our economy, increasing hotel occupancy rates portend the need for more employees and goods. As these increase, you should see positive growth in our local economy. I am hopeful that this positive momentum will continue to build and that our real estate market has bottomed. The last sentence may sound cautious and it is meant to seem that way. My concern has a great deal to do with the national economy and Federal governmental policies. Without expanding on my trepidation, let’s look for the best.
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.
More Video Blogs
Honolulu Real Estate Is A Good Investment
Honolulu Home Median Price of $1,000,000
Honolulu real estate makes a lot of sense over 10 years
Buying more might make your retirement better
Under New Rules-Lenders Even More Important
Sellers Beware Of Company Addenda
Sellers Get Your Surveys In Advance
| Discussion: No Comments »
Shift To Guam Good For Hawaii
July 7th, 2010 categories: Military, The Market
Oahu’s strategic location has helped it to be one of America’s key military locations in the world. Our neighbors, Guam, is benefiting from Okinawa’s desire to rid itself of the marine base that has been located there for decades. Pacific Business News is reporting that Hawaii is gaining business from this transition too.
“A number of Hawaii-based businesses, including general contractors and architectural and engineering firms, have landed lucrative multimillion-dollar contracts for construction projects on Guam, which is preparing for the U.S. military’s transfer of 8,600 U.S. Marines and 9,000 dependents from Okinawa by 2014.” CLICK HERE TO READ THE ENTIRE ARTICLE
Guam’s boom will be great for them and is another reason our economy should be buoyed for the long-term. As the economy goes so does our real estate market, so this should strengthen our housing market.
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 »
The Gulf Oil Spill, Tourism & Honolulu Real Estate
June 24th, 2010 categories: Rants & Riffs, The Market
My recent conversation with a high-level hotel insider leads me to believe that the tragedy in the Gulf of Mexico will lead to a pick up of tourism in Hawaii. If this happens, there will be a positive impact on the economy and, if that happens, Honolulu real estate should gain positive benefits.
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.
More Video Blogs
Honolulu Home Median Price of $1,000,000
Sellers Beware Of Company Addenda
Sellers Get Your Surveys In Advance
| Discussion: No Comments »
Oahu Unemployment at 5.3%?
June 21st, 2010 categories: The Market
Even though Honolulu’s unemployment rate inched up by .1%, it is still at 5.3%! As compared to the rest of the State and the mainland United States this seems to be a very low. This may explain why the Honolulu real estate market has not gone down as much as others.
“We’re past peak on the unemployment rate. It’s headed downward, but the improvement will be slow, which is the case after a recession,” said Leroy Laney, an economics professor at Hawaii Pacific University.” CLICK HERE TO READ THE ENTIRE ARTICLE
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.
More Video Blogs
Honolulu Real Estate Is A Good Investment
Honolulu Home Median Price of $1,000,000
Sellers Beware Of Company Addenda
Sellers Get Your Surveys In Advance
| Discussion: 1 Comment »
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