1-Bedroom w/ Washer & Dryer, Secured Covered Parking for Under $250k

1040 Kinau - Honolulu, Hawaii

Here is your chance to own an excellent 1-Bedroom with a newer washer and dryer in the unit.  Unit comes with 1 secured covered parking stall.  The building is close to famous Ala Moana Shopping Center, Waikiki, beaches and parks.  Maintenance fees are low at $310 per month which includes water, hot water, sewer and basic cable.  It was upgraded in December 2007 with newer appliances, paint and carpet. 

Offered at $245,000.00 FS

Aloha!!!

Oahu Real Estate Report - January 2008

2-Bedroom 2-Bath in the Waipuna at the beggining of Waikiki

 THE WAIPUNA

Immaculate 2-bedroom 2-bath in the Waipuna. Upgraded with Limestone flooring, drywalled ceiling, elaborate crown molding with recessed lighting, Maple cabinets, granite counters / backsplash and newer appliances. Situated between famous Waikiki and the Ala Moana Shopping Center, you can still enjoy the Waikiki lifestyle without having to drive through Waikiki to get home. Close to buslines, shopping, parks and beaches.  Listed for $615,000.

 Please contact me for more information.

Kengo Ueno (R) eCertified, ABR

www.HawaiisHomeBroker.com

Sales start at new building at 1728 Kalakaua

Rising up at the gateway to famous Waikiki will be a new 16-story building with 120 units.  If enough sales can be generated, construction should start late this summer with a completion date to be set sometime early 2010.  Initial prices are from $292,500 for studios up to the low $500,000 for 2-bedrooms.  Square footage range from 407 square feet to 703 square feet.  Designs in the plan include a gym, pool and a restaurant.  Centrally located by the Ala Moana Shopping Center, Hawaii Convention Center and beaches, Honolulu has a new building with an urban lifestyle. 

909 Kapiolani

Everything at 909 Kapiolani looks to be on schedule to be completed by the end of this year.  It's really starting to take shape and it's looking really nice.

Rising 36 stories upward at the corner of Kapiolani Boulevard and Ward Avenue in Honolulu, Hawaii sits an upscale, contemporary condo named 909 Kapiolani.  Situated between downtown Honolulu and Waikiki, right across the street from the Neil Blaisdell Center, you are in the perfect loaction for work and play. 

One and two bedrooms starting at $550,000 and $615,000 come with 600 to 850 square of interior living space.  Bringing in natural lighting with floor to ceiling double pane exterior glass.  Sleek contemporary design throughout with wood cabinetry and stainless steel appliances.  Modernized with Broadband connectivity and climate controlled with individual split air systems.

Relax on the recreation deck in the Jaccuzzi and pool while enjoying the landscaping and BBQ area. 

Please let me know if you would like more information.  Aloha!!

Oahu, Hawaii Real Esate Report - March 2007 Sales Activity

The market here on Oahu, Hawaii has definitly picked up.  True listings are getting more offers and the inventory is shrinking.  There was listing the other day that got 30 offers.  You can feel the activity just by being at the office.

The first report below reflect the number of resales and the median price over a 3-month period.  While the total single family resale slowed down from 913 resales (Oct 06-Dec 06) to 841 resales (Jan 07-Mar 07) there was still a slight increase of .8% in the median price.

Condos went up in resale numbers from 1,291 resales (Oct 06-Dec 06) to 1,324 resales (Jan 07-Mar 07) while the median price also went up another 1.7%.

As you can see from the 2nd report below, the months of remaining inventory went down on both single family homes as well as for condominiums by almost a month.  "Months of Remailing Inventory" (MRI) around the 6-moth mark indicate a balanced market between Buyer and Seller.  Anything below this mark is more favorable towards a Seller's market while anything above indicate a Buyer's market.

Another market indicator is shown at the bottom reflecting the number of acitve listings on the market.  The inventory has definitely gone down telling us that Buyer demand is growing again.  Single family home inventory has been shrinking for the past 4 months while the condominium inventory shrank for the past 6 months.

With our busiest season being right around the corner, summer usually being real estate's busiest season, I feel very postive about our real estate market here.  The economy here is still strong (Hawaii being the lowest in unemployment rate).  There is a lot of constuction still going on with a lot more being planned.   Interest rates are still very low.  The biggest postive factor that we have here is that this is Hawaii we're talking about.  It's a very unique market with a lot of international and domestic investors and second home buyers buying into a peice of paradise.

Please let me know if you would like my Hawaii Real Estate Market updates.

The Mayonnaise Jar and Coffee

 In this ever demanding industry, time can be so precious.  Just the everyday bustle of life can become frantically unmanageable.  All this added stress is so unhealthy.  In times like this we need to just find a little time to stop everything and concentrate on relaxation methods.

I've just re-read a story that I thought was clever and just wanted to share it with you.  I believe the author is unknown.

When things in your life seem almost too much to handle, when 24 hours in a day are not enough, remember the mayonnaise jar and the two cups of coffee.

A professor stood before his philosophy class and had some items in front of him. When the class began, wordlessly, he picked up a very large and empty mayonnaise jar and proceeded to fill it with golf balls. He then asked the students if the jar was full. They agreed that it was.

The professor then picked up a box of pebbles and poured them into the jar. He shook the jar lightly.  The pebbles rolled into the open areas between the golf balls. He then asked the students again if the jar was full. They agreed it was.

The professor next picked up a box of sand and poured it into the jar. Of course, the sand filled up everything else. He asked once more if the jar was full. The students responded with a unanimous "yes."

The professor then produced two cups of coffee from under the table and poured the entire contents into the jar, effectively filling the empty space between the sand. The students laughed.

"Now," said the professor, as the laughter subsided, " I want you to recognize that this jar represents your life.

The golf balls are the important things in life.  Your God, your family, your children, your health, your friends, and your favorite passions, things that if everything else was lost and only they remained, your life would still be full. 

The pebbles are the other things that matter like your job, your house, and your car.

The sand is everything else, the small stuff.

If you put the sand into the jar first," he continued, "there is no room for the pebbles or the golf balls. The same goes for life.

If you spend all your time and energy on the small stuff, you will never have room for the things that are important to you.

Pay attention to the things that are critical to your happiness.

Play with your children. Take time to get medical checkups. Take your partner out to dinner. Play another 18. There will always be time to clean the house and fix the disposal."

Take care  of the golf balls first; the things that really matter. Set your priorities. The rest is just sand.

One of the students raised her hand and inquired what the coffee represented. The professor smiled. "I'm glad you asked. It just goes to show you that no matter how full your life may seem, there's always room for a couple of cups of coffee with a friend." 

Real Estate Market Data for Honolulu Neighborhoods on Oahu, Hawaii

The following graphs represent real estate data from high-end neighborhoods in the Metro Honolulu area of Oahu, Hawaii.  These neighborhoods include Dowsett, Judd Hillside, Manoa Lower, Manoa Area, Tantalus and Makiki Heights.  It's kind of blurry but the basline represents years by quarters starting from the 1st quarter of 2004 until the 4th quarter of 2006.  The first green line under the baseline, represent price per square foot.  The next line is Days on Market and the last green line represents the percentage it sold for from the list price.  These are all strong indicators of how the market trend is going.

Real Estate Market Data for the Hawaii Kai Neighborhoods on Oahu, Hawaii

The following graphs represent real estate data from high-end neighborhoods in the Hawaii Kai area of Oahu, Hawaii.  This data includes graphs for neighborhoods like Portlock, Na Pali Haweo, Anchorage, Queen's Gate, Luna Kai and Koko Kai.  It's kind of blurry but the basline represents years by quarters starting from the 1st quarter of 2004 until the 4th quarter of 2006.  The first green line under the baseline, represent price per square foot.  The next line is Days on Market and the last green line represents the percentage it sold for from the list price.  These are all strong indicators of how the market trend is going.

Real Estate Market Data for Windward Neighborhoods on Oahu, Hawaii

The following graphs represent real estate data from high-end neighborhoods in the Windward area of Oahu, Hawaii.  This includes Lanikai, Kaimalino, beashside Kailua, Haiku Plantation, Country Club Knolls and the Kuulei Tract.  It's kind of blurry but the basline represents years by quarters starting from the 1st quarter of 2004 until the 4th quarter of 2006.  The first green line under the baseline, represent price per square foot.  The next line is Days on Market and the last green line represents the percentage it sold for from the list price.  These are all strong indicators of how the market trend is going.