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oahu real estate: March Madness in Oahu Hawaii Real Estate! - 04/19/09 09:48 PM
I can't believe it's April already! I'm seeing a definite shift in market activity here on Oahu. At least we are getting faster responses from sellers on offers we put in representing the buyers. The sellers are realizing that the market is still sluggish and if they don't want to hang on to their property for several months (while inventory is high and better priced properties are selling)...they need to jump on it.
With so much inventory on the market the sellers don't have the luxury of overpricing their properties.
March numbers are in and we still have a lot of … (0 comments)

oahu real estate: 2008 Annual Residential Sales on Oahu - 03/07/09 07:58 PM
The numbers are in for 2008 Annual Residential Sales on Oahu. So the overall numbers are down from 2007. Well, to me that just means people that had unreasonable expectations about what they can get for their homes $$ wise did not sell. I'll be posting the February Sales data soon and you will see there is a LOT of inventory on the market. This is a good thing if you are buying, you have a lot of properties to chose from. If you are a seller, you need to make sure your home is priced right and in excellent condition … (0 comments)

oahu real estate: What's going on in Honolulu? - 02/22/09 05:50 PM

Aloha from Biz on Lanikai Beach!
Well, if people didn’t believe it last quarter, they can't ignore it now. Oahu is totally a Buyer's Market right now! If you've got money there are some great deals out there.

January Oahu Home sales came in at 281 closed and recorded; that breaks down to 122 single family and 159 condos. That’s out of an inventory of 1,903 SF and 2,494 condos (4,397 total homes) on the market in the Multiple Listing Service. We now have around 10 months of inventory remaining. And to top it off 496 single family and … (0 comments)

oahu real estate: June Oahu Real Estate Report - 08/06/07 07:09 PM
During June, sales of 338 single-family homes and 547 condominiums were reported through the Board's MLS, decreases of 8.2 percent for single-family homes and 14.7 percent for condominiums, compared to the same month last year. This brings total single-family home sales on Oahu to 1,902 for the first six months of 2007, a decrease of 5.7 percent over the same time period one year ago. Total condominium sales were 2,978, a 15.3 percent decrease from last year. The year-to-date median prices paid for Oahu properties in the first six months this year were $645,000 and $325,000, respectively, increases of 2.4 percent … (4 comments)

 

Elizabeth "Biz" Kellam (RA)

Honolulu, HI

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Century 21 Paradise International

Address: Century 21 Paradise International, 98-151 Pali Momi St. Suite C2A, Aiea, HI, 96701

Office Phone: (808) 521-4200

Cell Phone: (808) 391-7769

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