Keahi Pelayo's Blog

2010 Better Year To Sell Than 2011?

Keahi Pelayo (KU Realty) — Mon, 07 Jun 2010 18:01:57 -0700

June 7th, 2010 categories: For Sellers, The Market

If you are considering selling a Honolulu home or condominium that you have owned for a longtime, then 2010 may be a better year for you to sell than 2011. Economist Arthur Laffer wrote an opinion piece in today’s Wall Journal Street Journal online that talks
CLICK HERE TO READ THE ENTIRE POST.

Your Freedom & Real Estate

Keahi Pelayo (KU Realty) — Thu, 03 Jun 2010 16:48:54 -0700

June 3rd, 2010 categories: Rants & Riffs

Many people could believe that Realtors sell real estate just to make a buck. Speaking for this Realtor, clearly I do it to make a living and, as I have grown, I’ve come to see CLICK HERE TO SEE THE ENTIRE BLOG.

How To Pick Your Next Realtor

Keahi Pelayo (KU Realty) — Wed, 02 Jun 2010 21:06:09 -0700

June 2nd, 2010 categories: Video For Buyers, Video For Sellers

In past blogs, I’ve discussed different ways to select the right real estate agent to represent you in the sale or purchase of a Honolulu home or condo. I’m in the process of reading Stephen M. R. Covey’s book “The Speed of Trust” CLICK HERE TO SEE THE ENTIRE BLOG.

AA or Avoiding Annoyance

Keahi Pelayo (KU Realty) — Tue, 01 Jun 2010 17:13:33 -0700

June 1st, 2010 categories: Video For Buyers, Video For Sellers

The vast majority of real estate purchase contracts in Honolulu call for a seller to have the home or condominium cleaned prior to delivering the property to the buyer (Purchase Contract paragraph C-57). Believe it or not...
CLICK HERE TO READ THE ENTIRE POST

New House Listing-Serene Setting Yet Close

Keahi Pelayo (KU Realty) — Wed, 26 May 2010 16:01:44 -0700

May 26th, 2010 categories: For Buyers, Homes For Sale, Neighborhoods, Video For Buyers

This home can be found just outside Kaneohe town in an area called Ahuimanu. Because of its 4 bedrooms, 3 bathrooms and bonus room, it is perfect for a large family, some who needs lots of rooms or extended family living. Located...CLICK HERE TO READ THE POST AND SEE THE VIDEO.

Opposition To New Construction Will Increase Prices

Keahi Pelayo (KU Realty) — Mon, 24 May 2010 18:01:21 -0700

May 24th, 2010 categories: For Buyers, The Market

Time and again I have stated that I believe Honolulu property prices will rise over the middle to long term. A recent article in the Honolulu Advertiser shows the opposition that almost all new development faces on Oahu. What opponents seem to miss is that by slowing growth, they increase demand and therefore inadvertently increase the cost of housing. CLICK HERE TO READ THE ENTIRE POST.

Honolulu Vintage Home For Sale

Keahi Pelayo (KU Realty) — Thu, 20 May 2010 16:19:50 -0700

May 20th, 2010 categories: For Buyers, Homes For Sale, Video For Buyers

It is refreshing to tell you about a newly listed vintage Honolulu home. This charmer can be found in the Puunui area of Nuuanu which means it is centrally located to just about everything in town. CLICK HERE TO SEE THE ENTIRE VIDEO BLOG

Bopped By A Lead Pipe?

Keahi Pelayo (KU Realty) — Wed, 19 May 2010 15:02:21 -0700

May 19th, 2010 categories: For Buyers

If you are buying old Honolulu homes or condos for rehab or remodel, then you want to pay attention to this blog post. Many sources have been reporting new EPA rules regarding
CLICK HERE TO READ THE ENTIRE POST

Open Houses That Do Work-Contradiction?

Keahi Pelayo (KU Realty) — Tue, 18 May 2010 17:30:34 -0700

May 18th, 2010 categories: For Sellers, Video For Sellers

Right when you thought it was safe to get back in the water, I contradict my last blog post regarding the lack of value in open houses. Believe it or not, there are open houses that are important to do when you are selling your Honolulu home or condominium. In Honolulu,

CLICK HERE TO READ THE ENTIRE POST

Overseas Rising Visitor Count Good For Honolulu Real Estate

Keahi Pelayo (KU Realty) — Fri, 14 May 2010 15:24:49 -0700

May 14th, 2010 categories: The Market

Here is another indicator that Hawaii’s economy may be making the turn toward prosperous times. CLICK HERE TO READ THE ENTIRE BLOG.

Honolulu Property Taxes Going Up 8.8%?

Keahi Pelayo (KU Realty) — Thu, 13 May 2010 20:11:46 -0700

May 13th, 2010 categories: Rants & Riffs, The Market

If you are an out of state owner or have rental properties in Honolulu, hang on to your wallet because the Honolulu City Council is working increasing the property taxes on you. The Honolulu Advertiser is reporting the following. CLICK HERE TO READ THE ENTIRE BLOG.

Magic! Debt Becomes Income & YOU PAY TAXES!

Keahi Pelayo (KU Realty) — Wed, 12 May 2010 16:21:38 -0700

May 12th, 2010 categories: For Sellers

If you are thinking about selling your Honolulu home or condo via a short sale, be sure to determine how much money your bank is forgiving. The Wall Street Journal has an interesting article the reports the following.

CLICK HERE TO READ THE ENTIRE BLOG

Improving Tourism-Good Sign For Honolulu Real Estate

Keahi Pelayo (KU Realty) — Tue, 11 May 2010 15:36:27 -0700

May 11th, 2010 categories: For Buyers, The Market

The Honolulu Advertiser is reporting some very good news about the Hawaii tourism market.

CLICK HERE TO READ THE ENTIRE POST.

Honolulu Penthouse With Private Elevator

Keahi Pelayo (KU Realty) — Mon, 10 May 2010 16:49:10 -0700

May 10th, 2010 categories: For Buyers, Video For Buyers

Very few people in the world, let alone Honolulu, will have a penthouse like this one! Not only is it nearly 4,300 square feet of New York style loft, but also you will enter via your private glass elevator directly into the flat. Revel in the minimalist, wide-open loft layout, or bring your designer and make this your exclusive one of a kind lair. CLICK HERE TO SEE THE ENTIRE BLOG.

Hawaii Bankruptcies Up

Keahi Pelayo (KU Realty) — Fri, 07 May 2010 14:59:06 -0700

May 4th, 2010 categories: For Buyers, For Sellers, The Market

The Honolulu Advertiser is reporting that Hawaii’s bankruptcies have risen. CLICK HERE TO READ THE ENTIRE BLOG.

Get Ready For The Best Time Of The Year To Sell!

Keahi Pelayo (KU Realty) — Thu, 06 May 2010 15:23:23 -0700

May 6th, 2010 categories: For Sellers, The Market

Like most areas, the Honolulu real estate market is cyclical and it is going into the best cycle of the year to sell. If you are thinking about selling your Honolulu house or condo, now (did I write NOW?) is the time to start signing the listing paperwork and taking care of the details to have your home showing its best. The Honolulu summer market begins in mid-May and runs. CLICK HERE TO READ THE ENTIRE POST.

Is Low Interest Rate Window Closing?

Keahi Pelayo (KU Realty) — Thu, 29 Apr 2010 14:57:51 -0700

April 29th, 2010 categories: For Buyers, Video For Buyers

I’ve been thinking about interest rates and how low they are now. As I write this it is very possible for qualified buyers in Honolulu to get a 30 year fixed rate loan at an interest rate of 5%. This equates to a monthly payment of $534.59 for every $100,000 you barrow. Below are two comparisons. The first shows you how much of a loan a monthly payment of $534.59 debt service. CLICK HERE TO READ THE BLOG AND SEE THE VIDEO.

Key To College Investment-Plan First

Keahi Pelayo (KU Realty) — Wed, 28 Apr 2010 14:38:30 -0700

April 28th, 2010 categories: For Buyers, Video For Buyers

This is the third in my series on buying a home or condo at college for you child to reside in while they are attending school. Though this post focuses on planning a college acquisition, it really pertains to buying almost any piece of Honolulu real estate. Whether you are investor or buying a home or condo for you own use, it is always good to determine when you plan on selling and then determining a contingency plan if you are not able to sell as planned. CLICK HERE TO READ SEE THE VIDEO

College Condo & House Buying Caveats

Keahi Pelayo (KU Realty) — Tue, 27 Apr 2010 14:19:44 -0700

April 27th, 2010 categories: For Buyers, Video For Buyers

Today’s video blog augments yesterday’s by talking about a few parameters to implement when considering buying your college bound student a college housing unit. Toward the end of the video I discuss one issue specific to a purchase in Honolulu. Be sure to watch the video if you are considering this option. CLICK HERE TO SEE THE VIDEO BLOG.

Using College Housing Costs To Buy

Keahi Pelayo (KU Realty) — Mon, 26 Apr 2010 14:46:33 -0700

April 26th, 2010 categories: For Buyers, Video For Buyers

In today’s video blog, I discuss the idea of using the money you might pay for room and board at college to buy a home or condominium. The goal is to put the dollars you would be sending to the college to work for you and your future. Remember that $550 per month will cover the payments approximately $100,000 in mortgage. CLICK HERE TO READ SEE THE VIDEO BLOG.

Don’t Get Caught Off Guard By HARPTA!

Keahi Pelayo (KU Realty) — Wed, 21 Apr 2010 14:44:36 -0700

April 21st, 2010 categories: For Sellers, Video For Sellers

For non-resident owners of Honolulu homes and condos, if you are not aware there could be a surprise lurking around the corner when you sell your property. HARPTA is a law that requires the withholding of 5% of the sales price for sellers that are not residents of Hawaii. CLICK HERE TO SEE THE ENTIRE VIDEO BLOG

Is Number One, Really Number One?

Keahi Pelayo (KU Realty) — Tue, 20 Apr 2010 15:34:58 -0700

April 19th, 2010 categories: For Buyers, For Sellers, Video For Buyers, Video For Sellers

Even though I sell real estate in Honolulu, no matter where I am (Oahu included), it always seems that there is more than one agent that claims to be the “number 1” agent or top producer in a given market. So how can this be? CLICK HERE TO SEE THE VIDEO BLOG.

Betting On Lower Foreclosures For Honolulu

Keahi Pelayo (KU Realty) — Fri, 16 Apr 2010 14:14:52 -0700

April 16th, 2010 categories: For Buyers, For Sellers, The Market

Pacific Business News is reporting an increase in the number of foreclosures in Hawaii.

“That was 111 percent higher than the first quarter of 2009, but just 1.42 percent higher than the fourth quarter of 2009. CLICK HERE TO READ THE ENTIRE BLOG.

Short Sale Letters

Keahi Pelayo (KU Realty) — Thu, 15 Apr 2010 14:00:37 -0700

April 15th, 2010 categories: For Sellers, Mortgages & Financing

Over the last few years I have seen an increase in the number of people having difficulties making their monthly mortgage payment on their Honolulu condo or house. Though it is not a good situation once it becomes clear that something needs to be done most people begin by investigating refinancing and/or mortgage modification. CLICK HERE TO READ THE ENTIRE POST.

Maui Home Sales Good Sign For Honolulu Real Estate

Keahi Pelayo (KU Realty) — Wed, 14 Apr 2010 17:21:00 -0700

April 14th, 2010 categories: For Buyers, For Sellers, The Market

The Honolulu Advertiser is reporting strong house and condominium sales for the island of Maui.

“Home sales on Maui last month rose strongly, though median prices were mixed, according to the Realtors Association of Maui.” CLICK HERE TO READ THE ENTIRE HONOLULU ADVERTISER ARTICLE.

CLICK HERE TO READ THE ENTIRE BLOG