Dropping Inventories Good For Real Estate?
April 8th, 2009 categories: The Market
The Honolulu Advertiser reported “Wholesalers cut their inventories in February by the steepest amount in more than 17 years”. This has to be good for the economy and as the economy improves the Honolulu real estate market should follow.
“The sixth straight monthly drop in wholesale inventories also can be viewed as positive in the long-term because once stockpiles have been adjusted for the economic slowdown, businesses may be able to increase orders for new goods. But in the short run, the reductions will lead to fewer orders and less production.”
CLICK HERE TO READ THE ENTIRE HNA ARTICLE
Call me an optimist, but it makes sense to me that as inventory drops manufacturers will need to build more stuff. In order to build more stuff, they will have to hire more people. As jobs are created and more stuff is built, then the economy should shift? Let’s all work toward making this happen.
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: 2 Comments »
Honolulu Population Growth
March 30th, 2009 categories: Rants & Riffs
According to the Census Bureau, Honolulu’s population grew from 900,525 to 905,034 people from July of 2007 to the same in 2008. Though it is a small amount of growth, it sure beats the shrinkage I hear some other states are experiencing.
CLICK HERE TO READ A PBN ARTICLE ON THE SUBJECT
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 From The Maunalani Heights Trail
March 3rd, 2009 categories: Rants & Riffs
This view can be found if your are willing to work and sweat. Just drive to the top of Sierra Drive and go to the back of Maunalani Circle. Bring a bottle of water and plan on hiking along the ridge for about an hour. Diamond Head can be seen on the left, Palolo is at your feet and Waikiki is along the shore. One of the great things about Honolulu is that there are similar hikes at the top of most ridges and they are on 10 to 20 minutes from the core of Honolulu.
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 »
Excellent Kaimuki Web Site
March 3rd, 2009 categories: Rants & Riffs
If you are interest in the neighborhood of Kaimuki in Honolulu, click here to go to a very informative web site.
Here is my profile at that site.
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 »
Things Honolulu Sellers Need To Hear
March 2nd, 2009 categories: For Sellers
Last week I helped a buyer purchase a property. One of the keys to getting the buyer the property at the price the wanted it at, was a cover letter that outlined some of the realities the sellers face in this market. Note that the sellers broker thanked me for writing the letter. Also, I have changed the price and figures to protect the innocent. The basic letter is posted below and I hope that it will give you insight into our market. Read the rest of this entry »
| Discussion: No Comments »
Honolulu Least Affordable Housing In U.S.
February 27th, 2009 categories: For Sellers
Pacific Business News is reporting that Honolulu has the least affordable housing in the United States. In the world, Honolulu is second only to Australia’s Sunshine Coast.
CLICK HERE TO READ PBN’S ARTICLE
Call me at 808-737-2093 or 877-737-2093 to discuss your real estate need. Email me at keahi@lava.net
| Discussion: 1 Comment »
Another Honolulu Vintage Beauty
February 25th, 2009 categories: Rants & Riffs
Here is another Honolulu vintage home. It is located in the very desirable neighborhood of Kahala. Double click on the picture to see a much larger version. 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 »
When The Best House Might Not Be The Best Investment
February 25th, 2009 categories: For Sellers, Rants & Riffs
With the upheaval in the Oahu real estate values, buying the best house might not be the best investment. Below are two fact sheets for homes that are priced just under $700,000. The Ocean Pointe home is 2,894 square feet, double wall construction and was built in 2007. It is a very nice house and it is priced at $698,000. The second home is located in Manoa on Sea View Avenue (about two blocks from the University of Hawaii); it is 1,900 square feet, built in 1980 and is priced at $685,000.
Ocean Pointe
Sea View
At first blush, one would assume that the Ocean Point home is the better buy. It is newer, larger and in a planned community. However, over the next 2 to 3 years, I would not be surprised to see its market value drop dramatically! Here’s why. Read the rest of this entry »
| Discussion: 1 Comment »
Waikiki From Magic Island
January 7th, 2009 categories: Rants & Riffs
My daughter races outrigger canoes for Punahou School (Obama’s alma mater). This picture was taken from Ala Moana Park’s Magic Island, looking toward the Hawaii Prince Hotel.
| Discussion: No Comments »
Star Wars In Honolulu?
August 18th, 2008 categories: Rants & Riffs
Maybe it’s just me, but Matson’s cranes at Honolulu Harbor remind me of something one might have seen in a “Star Wars” movie. Perhaps my son has built too many of the “Star Wars” Lego kits! Think about this…just about every product to come to Oahu has had to be lifted by these mammoths.
| Discussion: No Comments »
; ?>/images/MatoChiclet.gif)
