Have You Been Thinking About Purchasing a Condotel in Waikiki? - 02/28/11 03:33 PM
Have You Been Thinking About Purchasing a Condotel in Waikiki?
According to the "Honolulu Star Advertiser newspaper", and the Hawaii Tourism Authority, Hawaii has hosted 597,487 visitors last month, up 12.2% from a year ago.  Arrivals from Canada grew 18.8%, and 18.7% increase of arrivals from Japan.  Also, visitors spending rose 19.8% to $1.2 billion.  The hotel occupancy and room rate are also rising.
I believe this bodes very well for condotels and the income derived from ownership.
Prices of condotel units in waikiki dropped signifiantly in 2008 and 2009.  We now see that prices ahve stabilized and may be working … (0 comments)

Honolulu Rail Project Breaks Ground - 02/24/11 12:46 PM
Honolulu Rail Project Breaks Ground
Reported by online "Pacific Business News", "After 45 years of talking about rail, the City and County of Honolulu Tuesday broke ground on its $5.5 billion, 20-mile project."Read more: County of Honolulu breaks ground on rail project | Pacific Business News
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Honolulu Condos Listing Alerts 2/23/11 - 02/23/11 02:46 PM
Honolulu Condos Listing Alerts 2/23/11
Aloha!
Please read our current Listing Alerts for this week's:

"Featured Listing" New Neighborhood Condo Listings Condo and Home Foreclosure and Short Sale Listings January Real Estate Market Statistics "Featured Blog Articles" Also, please feel free to visit our website, one of the most complete Honolulu Condominium Directories available online at www.HNLCondos.com.
This Week's "Featured Listing"
Loft at Waikiki #509 - 2bdrm/2ba condo for $800,000
Fully Furnished and lovely appointed corner condo with extra windows and 12 foot ceilings. Water purification system, furo shower, Sub-zero refrig.,convenction oven, wine chiller, jucuzzi in Master bathroom,hardwood floors, … (0 comments)

Trump Tower Waikiki Reaches Occupancy Goals - 02/22/11 02:02 PM
Trump Tower Waikiki Reaches Occupancy Goals
According to the online edition of the "Honolulu Star Advertiser" newspaper, "Trump Waikiki Satisfied with Unit Occupancy".
According to the newspaper, "The International Hotel Waikiki Beach Walk Trump is declaring that it has reached a critical mass, with a large majority of rooms and suites in service more than a year after opening.
It's been a long, slow buildup for the ultraluxury property."
Read more of "Trump Waikiki Satisfied with Unit Occupancy".
View Details of the Trump Tower Waikiki including more photos and floor plans.
View Current Listings of Luxury Condos for sale at Trump … (1 comments)

Honolulu's Luxury Highrise Condos: 909 Kapiolani - 02/21/11 02:39 PM
Honolulu's Luxury Highrise Condos: 909 Kapiolani
"Honolulu Magazine", in their online website, recently wrote a great article, "Inside Honolulu's 909 Kapiolani'.
The author, Jenny Quill writes: "Kakaako is a sought-after neighborhood thanks to its central location-situated between downtown Honolulu, Ala Moana and Waikiki-and its many amenities, including Blaisdell Arena and Concert Hall and shops and restaurants at Ward Centers and the surrounding area. Built in 2007, 909 Kapiolani has 225 residential units spread across 33 floors. The majority of the condos have between 600 and 850 interior square feet and small lanai (think 42 square feet) with ocean, mountain and city views.
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It's Aloha Friday: Top 10 Activities for Waikiki Visitors - 02/18/11 01:51 PM
It's Aloha Friday: Top 10 Activities for Waikiki Visitors
Living, working and playing in Waikiki is a fun, mixed bag.  This is the time of the year, of course, when we see many, many toursits visiting from all over the world.  I'm easily entertained hearing people talk in so many different foreign languages.
It's a mixed bag, because for those of us who are working, it can be a distraction (I want to play too) when there are so many people enjoying their leisure time and so many fun things to do.
Check out www.Waikiki.com for the Top 10 Activities for … (0 comments)

Ivanka Trump Visits Trump Waikiki - 02/17/11 02:36 PM
Ivanka Trump Visits Trump Waikiki
According to www.kitv.com and KITV News, Ivank a Trump made a whirlwind visit to Waikiki and the Trump Tower Waikiki Hotel and Condos yesterday.
For those of our clients who have been thinking about purchasing a unit in Trump Tower Waikiki, it is great news to note that hotel occupancy is at 90%!
Read the restof the story, "Ivanka Trump Makes Whirlwind Trip To Hawaii".
Please view details about the Trump Tower Waikiki, including photos, floor plans and building configuration.
Please view current listings of condos listed for sale at the Trump Tower Waikiki.
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Honolulu Condos Listing Alerts 2/16/11 - 02/16/11 03:46 PM
Honolulu Condos Listing Alerts 2/16/11
Aloha!
Please read our current Listing Alerts for this week's:

"Featured Listing" New Neighborhood Condo Listings Condo and Home Foreclosure and Short Sale Listings January Real Estate Market Statistics "Featured Blog Articles" Also, please feel free to visit our website, one of the most complete Honolulu Condominium Directories available online at www.HNLCondos.com.
This Week's "Featured Listing"
Colony Surf #1807 on the Gold Coast of Diamond Head - 1bd/1ba $900,000 BEACH FRONT
Beachfront Building- Colony Surf elegant apartment along prized gold coast at the foot of Diamond Head. Spacious floor plan features white tile floors, … (1 comments)

Interesting Sales Data for Allure Waikiki Condos - 02/15/11 03:12 PM
Interesting Sales Data for Allure Waikiki Condos
Here are the latest statistics for sales in Allure Waikiki Condo Building located in west Waikiki of Honolulu.
These are sales since for the last six months, and according to the listing agent or listing office who posted all four sales, it was entered as "reporting for statistical purpose only".
Number of Units Sold:  4Price Range:  $582,012 to $867,797
Average List Price:  $1,066,105
Average Selling Price:  $775,666
Percent of Asking Price:  73%
Average Cost per Square Foot:  $752.34
Average Days on the Market Before Sold:  N.A.
View Current Allure Waikiki Condos for sale at www.HNLCondos.com.  
View Details about Allure Waikiki Condos, including floor plans … (0 comments)

Overall Trends for Honolulu Condo Sales Are Up - 02/14/11 02:16 PM
Overall Trends for Honolulu Condo Sales Are Up
Honolulu Condo Sales (as compared with January, 2010)Pending sales increased 53.2%Closed sales incrased 9.5% (242 to 265)Days on market increased 36.1% (36 to 49)Average Sales Price decreased 7.4% to $316,802Median Sales Price decreased 2.7% to $291,000Housing Affordability Index increased 9.2%Inventory of Condos for sale increased 1.1%Months Supply of Condos for Sale decreased 4.3%
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2010 Real Estate Market Report Video - 02/11/11 01:29 PM
2010 Real Estate Market Report Video
The Brokerage who I work for, East Oahu Realty, puts together monthly and yearly Real Estate Market Reports in video fashion. 
For some, looking at data, numbers, charts and graphs can be a bit overwhelming.  So sit back, relax and click on the video below to hear and see what 2010 looked like for real estate on Oahu.
 
… (1 comments)

More About the New Ownership at Allure Waikiki - 02/10/11 01:38 PM
More About the New Ownership at Allure Waikiki
A few months ago I wrote a blog article, "Allure Waikiki: Bought by Private Equity Firms" about a Pivate Equity Firm buying out the remaining unsold units in Allure Waikiki in November 2010.
That company is known as ST Residential, a world class asset management company led by Greenwich, CT-based Starwood Capital Group (NYSE:STWD - News) and private-equity firm TPG of Fort Worth, TX, along with WLR LeFrak and Perry Capital.
To learn more about ths management company, please read more of the story on Yahoo Finance, "ST Residential Assumes Ownership of Allure … (0 comments)

Honolulu Condos Listing Alerts 2/9/11 - 02/09/11 02:27 PM
Honolulu Condos Listing Alerts 2/9/11
Aloha!
Please read our current Listing Alerts for this week's:

"Featured Listing" New Neighborhood Condo Listings Condo and Home Foreclosure and Short Sale Listings December Real Estate Market Statistics "Featured Blog Articles" Also, please feel free to visit our website, one of the most complete Honolulu Condominium Directories available online at www.HNLCondos.com.
This Week's "Featured Listing"
Regency on Beachwalk #66 in Central Waikiki - 2bd/1ba $575,000 with Hotel Rental Income
Located one block from the beach and in the heart of Waikiki's renewal. Shopping, dining and entertainment are an elevator ride away! Finishes include … (0 comments)

Last Three Month's Sales Activity in Waikiki Landmark Condos - 02/08/11 01:20 PM
Last Three Month's Sales Activity in Waikiki Landmark Condos
Here are the latest statistics for sales in the Waikiki Landmark Condo Building located in west Waikiki of Honolulu.
These are sales since 10/29/10, when we last reported on sales activity. 
Number of Units Sold:  3
Price Range:  $658,000 to $1,150,000
Average List Price:  $895,166
Average Selling Price:  $839,333
Percent of Asking Price:  94%
Average Cost per Square Foot:  $620.81
Average Days on the Market Before Sold:  61
View Current Waikiki Landmark Condos for sale at www.HNLCondos.com.  
View Details about Waikiki Landmark Condos, including floor plans and more photos.
 
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Happy Chinese New Year! - 02/07/11 01:57 PM
Happy Chinese New Year!
Well, it was actually last week, I believe 2/3/11.  I thought I'd share some good news from a summary of Paul Brewbaker's  February 3, 2011 Presentation at East Oahu Regional.  Paul Brewbaker is a very respected local econimist, well known for his past accurate observations and predictions.
Paul Brewbaker is Principal of TZ Economics & Chair of Hawaii Council of Revenues & his opinion not that of Honolulu HomeLoans. 
•·         Time to be optimistic for Hawaii!
•·         The ‘recession' ended in June 2009.  ‘Get over it!, we are good to go in Hawaii!'
•·         GDP (Gross Domestic … (0 comments)

It's Aloha Friday Again: Waikiki Spam Jam - 02/04/11 01:22 PM
It's Aloha Friday Again:  Waikiki Spam Jam
According to Yelp.com, "the 9th annual WAIKIKI SPAM JAM is quickly becoming one of the most popular festivals in Hawaii because of its great food and entertainment in a family-friendly atmosphere." 
It is scheduled for Saturday, April 30, 2011 4:00 pm - 10:00 pm.
.........read the rest of the article.
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What is the Pricing for Remaining Unsold Condos at Allure Waikiki? - 02/03/11 03:36 PM
What is the Pricing for Remaining Unsold Condos at Allure Waikiki?
Just last November the remaining unsold units in Allure Waikiki, located in west Waikiki and completed nearly a year ago, was bought out by a Private Equity Group.Since then, I've had clients tell me that the sales office is verbally offering steep discounts, however no one knows for certain just what the contract selling prices are and what kind of discounts are available, if any.I've been told that they will be publishing a new price list soon.  Please view the Allure Waikiki Price List, dated October 11, 2010.As soon as … (0 comments)

Honolulu Condos Listing Alerts 2/2/11 - 02/02/11 03:43 PM
Honolulu Condos Listing Alerts 2/2/11
Aloha!
Please read our current Listing Alerts for this week's:

"Featured Listing" New Neighborhood Condo Listings Condo and Home Foreclosure and Short Sale Listings December Real Estate Market Statistics "Featured Blog Articles"   Also, please feel free to visit our website, one of the most complete Honolulu Condominium Directories available online at www.HNLCondos.com.
This Week's "Featured Listing"
2121 Ala Wai #2503 in Central Waikiki: Nicely Upgraded 2bd/2ba View Condo $420,000
$70,000 of tasteful upgrades throughout - upholstered walls, new carpet, new paint & more. Gorgeous views of golf course,canal,mountains. Well-managed, secure building with visitor parking, … (0 comments)

Tropic Seas Condos on Diamond Head's Gold Coast - 02/01/11 02:29 PM
Tropic Seas Condos on Diamond Head's Gold Coast
Our friends at www.HonoluluMagazine.com recentluy wrote a fascinating article, "History, Architecture and Ocean Views on Honolulu's Gold Coast". 
The article describe the Tropic Seas Condos, located right on the beach on the Gold Coast of Diamond Head and discusses the history of the building, it's architecture and some interesting story telling.
Read the entire story: "History, Architecture and Ocean Views on Honolulu's Gold Coast".
View Details, including configurations and floor plans of Tropic Seas Condos, Diamond Head, Honolulu.
View Current Listings in Tropic Seas Condos, Diamond Head, Honolulu.
… (0 comments)