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Seven Sins Of Selling Yourself - 09/30/08 03:02 PM
September 30th, 2008 categories: Honolulu Real Estate 101 Okay they aren’t sins, but I got you to read the post! Forbes on-line has a very interesting article regarding 7 things to consider when you are thinking about selling your home yourself (without an agent or broker representing you). All seven issues should be weighed before you place an advertisement and put the sign in front of your home. I found the comment concerning negotiating to be powerful. CLICK HERE TO READ THE ENTIRE POST. (0 comments)
Honolulu Condo Sweet Spot! - 09/30/08 02:33 PM
September 30th, 2008 categories: Honolulu Condominiums Diamond Head vintage home. As you know I am a bull on most of core Honolulu. As I see it long term, 2 bedrooms and bigger, with 2 baths or more and 2 parking, priced under $500,000 fee simple, is a sweet spot in the Honolulu condominium real estate market. When I searched by these parameters today, I found ten (10) available units in tax map areas 11-8 through 135 (note that I have not included Waikiki in the attached market analysis). Here is why it’s a sweet spot. CLICK HERE TO READ THE ENTIRE (0 comments)
California Improvements Could Help Honolulu - 09/29/08 03:11 PM
September 29th, 2008 categories: Honolulu Real Estate 101 Classic Coconut Ave. Kamaaina home Hip, hip, hooray! California is generally considered a bell weather indicator for real estate and the economy. A recent article in Pacific Business News shows that California’s number of months of remaining inventory and the days on market have dropped significantly as compared with August 2007. This bodes well for Honolulu home and condo sales because as California improves, this improvement will translate to Hawaii. CLICK HERE TO READ THE ENTIRE POST. (0 comments)
Silver Lining To A Dark Cloud For Buyers - 09/26/08 01:30 PM
September 26th, 2008 categories: Buying Honolulu Real Estate, Honolulu Real Estate 101 Diamond Head Light House An article posted at Bloomberg.com is divining that the Federal Reserve may be close to reducing interest rates. Rates are already very low and any additional reduction in interest rates should push buyers off of the waiting to buy fence. CLICK HERE TO READ THE ENTIRE POST. (0 comments)
Rentals Can Take You Apart! - 09/25/08 04:47 PM
September 25th, 2008 categories: Honolulu Real Estate 101 Many people see buying foreclosures as a great vehicle to make their fortune. Flips have become very difficult to do, so this leaves turning houses and condos into rentals. The challenge with rentals is the ongoing maintenance and management. Experience tells me that the most successful landlords are very, very hands on. It is difficult to find a good and responsive manager, especially if your rental property is out of your local area. CLICK HERE TO READ THE POST. (0 comments)
Headway On Improving Waikiki - 09/25/08 03:39 PM
September 25th, 2008 categories: Reasons To Sell Morning sunrise over Koko Head The renaissance in Waikiki continues with Queen Emma Foundation’s plan to redevelop the famous or infamous (depending on how you look at it) International Market Place (IMP). IMP is dead center in the middle of Waikiki and, though it is charming, it has been ready for a new look for the last 20 years. This is great news for the area. CLICK HERE TO READ THE POST. (1 comments)
Hawaii’s Rental Rates Highest In The Nation! - 09/24/08 04:29 PM
September 24th, 2008 categories: Buying Honolulu Real Estate, Honolulu Real Estate 101 Here is another reason to buy a Honolulu rental house or condo. According to today’s Honolulu Advertiser… “Median monthly rent was $1,194 in Hawai’i last year, meaning half of all renters paid more and half paid less, according to the census estimate.
CLICK HERE TO READ THE ENTIRE POST. (0 comments)
Politics and Real Estate - 09/24/08 11:46 AM
September 24th, 2008 categories: Rants & Riffs Ewa city lights from my house. In this election season it is appropriate to talk politics. Our nation was founded on the view that all men are created equal and should be free. It is incumbent on every citizen to be politically involved because, believe it or not, politics and politicians affect every part of our life. The water you drink, the car you drive, the air you breath, your right to speak and yes the value of your real estate can and are impacted by those rascalsat City Hall, the State and National (1 comments)
Buffett Bets Big Smackers! - 09/24/08 01:26 AM
September 23rd, 2008 categories: Rants & Riffs Let’s take a lesson from Warren Buffett, his bet of five billion dollars on Goldman Sachs shows his belief in the company and, I believe, our economy. Let’s take his lead and start believing too! CLICK HERE TO READ THE ENTIRE POST. (1 comments)
Clarity On The Federal Bail Out! - 09/23/08 07:46 PM
September 23rd, 2008 categories: Rants & Riffs Forbes has a great summary of the proposed $700,000,000,000 Federal Government bank bail out plan. Below is the first of ten very clear observations. “1. Who gets to participate? The outlines of the plan call for the creation of either a branch of the Treasury Department or an independent agency to buy or take on troubled assets, with the goal of either selling them at a profit later or working them off.
CLICK HERE TO READ THE ENTIRE POST. (2 comments)
When Bad News Is Good News For Honolulu! - 09/23/08 03:12 PM
September 23rd, 2008 categories: Honolulu Real Estate 101 Honolulu city lights from my house. One of the big drags on National real estate is that many markets are over built with new construction. Call me simplistic, but if a market is has too many new homes for sale, then isn’t it good that the building of new homes is slowing? Isn’t it true that in order for a market to recover, building has to slow for a while? Then the recent “steep decline in new-home construction” as reported by the Wall Street Journal is good, isn’t it? In fact for over (0 comments)
Added Flight Capacity Should Help Honolulu Real Estate - 09/22/08 04:01 PM
September 22nd, 2008 categories: Rants & Riffs North Shore of Maui from the Hawaii Super Ferry With fuel prices rising and the National economy having it’s challenges, Hawaii tourism has been off for a number of reasons. One of the reasons was this year’s closure of Aloha Airlines and ATA Airlines and the resultant reduction in airline seat capacity. If fewer people can come to Hawaii, then there will be fewer people for hotel rooms, retailers and real estate. I am happy to report that a recent Honolulu Star Bulletin article shows that 3 airlines have made plans to add seat (0 comments)
Obama & McCain on Capital Gains Taxes and Their Impact On Honolulu Real Estate. - 09/02/08 11:40 AM
September 2nd, 2008 categories: Rants & Riffs The current Federal capital gains tax rate reaches a maximum of 15%. Add this to the State of Hawaii’s capital gain rate and the combined rate becomes 22.25%. Tax professionals have told me that this is a 70-year low! George Bush lowered it from the 28% Federal rate (a total of 35.25% combined) under Bill Clinton. I know what you are thinking, “Why is Keahi going here?” Here is the answer. A funny thing happened to me this week as I watched coverage of the Democratic Convention. As I watched George Bush get blamed (4 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.