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If You Rent, You Are Killing Your Financial Future - 09/30/09 07:59 PM
September 30th, 2009 categories: Buying Honolulu Real Estate, Honolulu Real Estate 101 Robert Shiller is well known for being part of the Case Shiller home price index and in today’s Wall Street Journal on-line he is very candid in an interview concerning the current state of the national real estate home market. Below is a comment on the current strength in the housing market.
“But it probably isn’t the beginning of a major boom, just because the economy is in such bad shape. There’s also a chance that it will reverse. It’s still only three months old, so it’s very hard … (0 comments)
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Three Honolulu Homes & Three Honolulu Condos For Sale - 09/29/09 03:39 PM
September 29th, 2009 categories: Honolulu Condominiums, Honolulu House For Sale Here are more interesting Honolulu home and condo listings that have come up for sale over the last days.
CLICK HERE TO READ THE ENTIRE POST
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Diversification Of Honolulu Economy Confirmed! - 09/28/09 12:24 PM
September 28th, 2009 categories: Honolulu Real Estate 101, Rants & Riffs For the last few months, I have been saying that the diversity of the Honolulu economy is one of the main reasons our real estate market has not been hit as hard as the neighbor islands. This morning’s Pacific Business News (on-line) is reporting that Honolulu has the 51st largest economy in the United States.
CLICK HERE TO READ THE ENTIRE POST
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Honolulu Real Estate Views 502nd Post! - 09/25/09 06:03 PM
September 25th, 2009 categories: Honolulu Real Estate 101 502 posts and about 375 hours later, here we are today. My odyssey in blogging germinated 20 months ago while I sat at a seminar listening to a talk about the power of the Internet. It became clear then and that as time goes by the Internet will become more relevant to selling Honolulu real estate and traditional forms of marketing will go the way of the dinosaurs. Like many a Honolulu Realtor, I had a “static” website, just because you were supposed to have one, but there was no effort in addressing … (0 comments)
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Blessing Your Honolulu Home! - 09/24/09 03:16 PM
September 24th, 2009 categories: Honolulu Real Estate 101, Rants & Riffs It is always fun to work with a family moving from the mainland to Honolulu. An inevitable part of a home purchase is helping orient my client to the cultural nuances of living in Hawaii. One of the local practices I always recommend that a new homeowner plan on doing is the “blessing of the home”.
CLICK HERE TO READ THE ENTIRE POST.
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Honolulu Ranks Near Top For Median Income - 09/23/09 03:01 PM
September 23rd, 2009 categories: Rants & Riffs Pacific Business News is reporting the following.
“With the increase, the state’s median income ranked 5th in the nation in 2008, the same ranking it had in 2007.” CLICK HERE TO READ THE PACIFIC BUSINESS ARTICLE
CLICK HERE TO READ THE ENTIRE POST
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Honolulu Home For Sale-Hidden Paradise In Heart Of Town - 09/17/09 02:24 PM
September 17th, 2009 categories: Honolulu House For Sale Perfect for extended family living! 3 bedrooms 2 bathrooms upstairs and a separate 1 bedroom 1 bathroom downstairs (it cannot be rented). This home is listed for sale by another real estate firm. Here are the details.
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An Explanation Of The Good Honolulu Real Estate Market - 09/16/09 10:07 PM
September 16th, 2009 categories: Honolulu Real Estate 101, Rants & Riffs
Pacific Business News reported that Honolulu has the 20th strongest performing economy in the United States.
CLICK HERE TO READ THE ENTIRE POST.
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Newly Listed Honolulu Homes and Condos - 09/15/09 04:09 PM
September 15th, 2009 categories: Honolulu Condominiums, Honolulu House For Sale As a Honolulu Realtor, I have almost immediate access to the most recently listed homes and condos. For clarity, these listings are offered by other real estate firms and I have not yet seen them (they are too new), but on paper they look like good opportunities. If any of them catch your eye just click on it and a PDF of the MLS fact sheet will be available.
CLICK HERE TO READ THE ENTIRE POST
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Lenders Slowing Recovery of Honolulu Real Estate Market - 09/14/09 02:45 PM
September 14th, 2009 categories: Honolulu Real Estate 101, Rants & Riffs As a Honolulu Realtor that is in the core Honolulu real estate market everyday, I am sensing that it would like to start moving up! Because the banking industry has instituted very tight lending and appraising guidelines, the market has been held back from a quick and stronger recovery. Here is why.
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Honolulu Home For Sale-Manoa Duplex - 09/11/09 04:55 PM
September 11th, 2009 categories: Honolulu House For Sale It is not often that I walk into a property and wonder to myself, “Why hasn’t this property sold?” That happened this past Wednesday when I visited this well presented Honolulu home. Located in one of Honolulu’s most desirable neighborhoods, Manoa, you could live in the upstairs and rent out the downstairs. Or if you have extended family, you could live together with both parts of the family having quite a bit of privacy. Here are the salient points concerning the house.
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Honolulu Condo For Sale - 09/10/09 04:08 PM
September 10th, 2009 categories: Honolulu Condominiums
Part of being a successful Honolulu Realtor is staying on top of the available inventory (homes and condos for sale). This involves seeing properties that are listed for sale in the Multiple Listing Service (MLS) and, time permitting, homes that are being sold for sale by owner (FSBO). This week I had the good fortune to see a condo offered by the owner, in a centrally located and well thought of building. The following are the details of the unit.
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Re-Use Your Honolulu Home! - 09/09/09 08:31 PM
September 9th, 2009 categories: Honolulu Real Estate 101, Honolulu Vintage Homes The age of Honolulu’s existing housing stock means that it is not unusual to see an older home being torn down to make way for a new one. Typically, heavy equipment is brought to the site and the old home is literally torn apart piece by piece and placed in a huge trash bin. The waste is then sent to the Waimanalo Gulch dump and our precious available land-fill is decreased by one the size of one trashed house. Pacific Business News recently featured a cool company called Re-Use Hawaii. … (0 comments)
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Honolulu Real Estate & Life Expectancy - 09/08/09 04:11 PM
September 8th, 2009 categories: Honolulu Real Estate 101 A recent Honolulu Advertiser article notes that Hawaii’s life expectancy has been pegged as the longest in the United States.
“Yesterday’s report did not list life expectancy by state, but a 2007 report said Hawai’i was No. 1 with a life expectancy of 81.3 years. That report was done by the Manhattan Institute for Policy Research.”CLICK HERE TO READ THE HONOLULU ADVERTISER ARTICLE
Are you thinking, “Keahi, what does that have to do with buying Honolulu real estate?” Here are a few relationships.
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Why Pay More? Buy Your Honolulu Home Now! - 09/04/09 01:43 PM
September 4th, 2009 categories: Honolulu Real Estate 101, Rants & Riffs If you are a buyer waiting for the Honolulu home market to bottom out, then you may not want to wait much longer. Wednesday and Thursday’s posts pay a great deal of attention to how low core Honolulu’s inventory has become and, as a result, I am surprised that there is not more momentum in the real estate market. If the factors suppressing more market exuberance disappeared, then I the Honolulu market could turn on a dime. Here is what to watch.
CLICK HERE TO READ THE ENTIRE POST
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Honolulu Newspapers, Do They Know The Market? - 09/03/09 02:48 PM
September 3rd, 2009 categories: Honolulu Real Estate 101, Rants & Riffs Here we go again! The Honolulu Board of Realtors issues it’s monthly statistical report and the local newspapers read the runes and tell us what they think is really going on. Below are the headlines and a little of what each paper printed.
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Analysis of Core Honolulu Real Estate Statistics - 09/02/09 06:35 PM
September 2nd, 2009 categories: Honolulu Real Estate 101, Rants & Riffs In past posts I have made a distinction between the core of Honolulu’s real estate market and the rest of the island of Oahu. Furthermore, for many reasons (see past post), as a Honolulu Realtor I believe that this core area will out perform the other parts of the island in appreciation. Every month the Honolulu Board of Realtors publishes its statistical analysis for the island of Oahu and in general things look good.
Overall we have seen remaining inventory of single-family homes drop to 1,624, this number compares with … (2 comments)
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Honolulu Real Estate Core Value Strength Explanation! - 09/01/09 04:11 PM
September 1st, 2009 categories: Honolulu Real Estate 101, Rants & Riffs As Honolulu Realtor, I can’t say that our market has not experienced a decline from the highs of 2005 and 2006. However, it seems core Honolulu houses and condos have fair better than the neighbor islands and other parts of the United States. Today’s Honolulu Advertiser is reporting that Oahu has the highest hotel occupancy rate of “the top 10 competitive international island destinations”, this may mean that Waikiki’s hoteliers have had to cut back less than the neighbor islands (Maui, Kauai, the Big Island and Molokai).
CLICK HERE TO … (1 comments)
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Keahi Pelayo
Honolulu,
HI
More about me…
KU Realty
Address: 500 Ala Moana Blvd., #4-700, Honolulu, HI, 96816
Office Phone: (808) 737-2093
Cell Phone: (808) 398-3220
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