real estate sales: Oahu Sales Activity for the Month of June 2010 - 07/14/10 03:29 AM
Below are sales activity for the month of June 2010 compared to the previous month and the same month last year. This covers resale home for Honolulu County (Oahu). The effects of the home buyer tax credits are now wearing off. July and August will give is a much clearer picture of how the market is actually doing.
*Median price means half the prices were above and half below the given price. Data was taken from the Honolulu Board of REALTORS®. It is deemed to be accurate, but not guaranteed.
… (3 comments)
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real estate sales: Mililani, Hawaii - Real Estate Sales Activity for October 2009 - 11/19/09 01:05 PM
This Mililani sales report covers zip code 96789 which covers both Mililani Mauka and Mililani Area (which includes Mililani Town, Launani Valley and Waipio Acres).
Mililani real estate is beginning to pick up again. We are still seeing good real estate activity in the Mililani area. The market is beginning to shift back to a seller's market for the first time in awhile. Inventory levels are a fraction of what they were even a few months ago.
A few dynamics in the area: Castle and Cooke has finished selling new homes in Mililani Mauka. We are continuing to see troop … (5 comments)
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real estate sales: Are You Cutting Back or Increasing Your Service? - 06/15/08 12:01 PM
While many agents are struggling there is a lot of opportunity for top agents to gain market share. One consistent pattern I am seeing among struggling agents is that their level of service has stayed the same or dropped and their marketing is almost non-existent. When business volume gets a little tight in your market it is not the time to cut back on those two items.
Last year I made a goal of doubling my business. Most people thought I was crazy. In order to be successful I developed a plan that included three parts to it.
I marketing plan … (72 comments)
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real estate sales: I Can Sell Your Home in One Day - 05/07/08 01:23 PM
Did the title get your attention? When asked by potential clients how long will it take me to sell their home; I respond I can sell your home in one day.
I am serious; I can sell any home in one day. I am very good at what I do. If you need your home sold in one day, I can do it.
OK, if you check the stats I have only sold a couple of homes in one day. So how do I get off making that comment? It is simple. There is a price I can sell your home in … (30 comments)
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real estate sales: Selling Homes – Isn’t That Enough? - 02/22/08 05:36 PM
Yesterday I attended an awards luncheon. On of the things that got my attention was the venders who were at the event. There were a couple of lenders present, who were owned by other real estate companies. First of all I would never use or recommend their services, period.
I am real glad my company does not own a mortgage company, an escrow company or any other service company. The conflict of interest is too tremendous. If I ever leave the company I am with I would not consider an office that also owns and promotes their own lender or escrow … (57 comments)
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real estate sales: Mililani, Hawaii - Real Estate Sales Activity for January 2008 - 02/05/08 01:46 PM
This Mililani sales report covers zip code 96789 which covers both the Mililani Area (which includes Mililani Town, Launani Valley) and Mililani Mauka.
Mililani real estate is still moving strong. We are still seeing good real estate activity in the Mililani area. With low interest rates and some selection in the inventory, buyers are still able to buy the home of their dreams, while sellers were seeing their properties move if priced and marketed correctly.
A few dynamics in the area:
Castle and Cooke is almost finished with new home construction in Mililani Mauka.
We have seen a large number of troop movements at … (2 comments)
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real estate sales: Royal Kunia Real Estate Sales Activity – January 2008 - 02/02/08 11:42 PM
Royal Kunia is a planned community in Waipahu, Hawaii (makes up part of tax map key 194).
Single Family homes average prices have softened. Sales volume of single family homes has shown a 20% slippage in volume for the last 12 months over the previous 12 month period. While average sales prices came close to staying even with a slight 2% drop. Inventory levels are extremely low and with the recent interest rate drops, expect prices to continue to remain strong for at least the short term.
Condos and townhouses: Sales volume of condos is small, due to the limited number of condo … (2 comments)
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real estate sales: Wahiawa & Whitmore Village – January 2008 Real estate Sales Activity - 02/02/08 11:19 PM
Single Family homes sales in Wahiawa/ Whitmore have shown increases. Average sales prices of single family homes are slightly up for the last 12 months over the previous 12 month period. Sales volume is slightly up. There is over 5 months worth of inventory. Buyers will still be able to find the home of the dreams, while seller's will be able to move there properties as long as they are priced appropriately and show well.
Condo and townhouse sales in Wahiawa/ Whitmore are another story. Average sales prices have shown a slight drop of a little over 3%, while sales volume is … (2 comments)
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real estate sales: Ocean Pointe Real Estate Sales Activity for January 2008 - 02/02/08 10:47 PM
Ocean Pointe a planned community in Ewa Beach, Hawaii (makes up part of tax map key 191). The following report reflects resale's of homes that were reported through the MLS system. New homes sales are not part of this report.
Single Family homes: Average sales prices of single family homes in Ocean Pointe have shown slippage over the previous 12 month period. Sales volume has seen a large drop during the same time frame. There is a lot of new home construction in the area which has had an impact on the resales.
Condo and townhouse sales are another story. Sales volume has … (0 comments)
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real estate sales: REALTORS® Can Be The Worst Sellers - 09/12/07 03:33 PM
I have run into several listings that are over priced and under marketed. When I checked the tax records, I found it belonged to the listing agent. In a couple of cases they belonged to agents in the area, who I consider pretty good agents.
Yet when it comes time to sell a property they own, they seem to forget everything they know about selling homes. Over priced is a common theme among many agents who sell their own properties. It is a case of do what I say and not what I do.
I just got a response to clean offer I submitted … (42 comments)
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real estate sales: Is Television Helping or Hurting Real Estate? - 07/15/07 03:15 PM
I think the answer is both. Shows that talk about flipping properties seem to ever simplify the process. I find clients, who think they will buy a home, slap a few thousand in it and flip it for giant profits, all in 10 days. That is where some of the shows on television have hurt us a bit.
In our real estate market on Oahu in almost every case there is one reason someone may be in trouble of losing their home. It is usually because they made some real bad decisions or some catastrophic happened. Our market hit a record median … (56 comments)
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real estate sales: Salt Lake, Hawaii Area - June 2007 Real Estate Sales Activity - 07/12/07 03:45 PM
Salt Lake Area (tax map key 111, includes Moanalua, Aliamanu, Mapunapuna and Airport Area)
The below figures include both fee simple and leasehold properties. These are only the totals and averages.
Single Family homes sales have softened. Average sales price of single family homes has begun to climb again. Both May and June have shown that trend over 2006 numbers. Sales volume is down from last year. There is currently just a little over 5 months of inventory, down from 8 months in May. If these trends continue Salt Lake is moving from a buyers market to more of a balanced market.
Condo and … (6 comments)
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real estate sales: Oahu - Sales of Existing Homes & Condominiums for May 2007 - 06/05/07 08:00 AM
The May 2007 Numbers are in.
Single family home sales - year to date are down 5.2% percent in the number of total units sold up, but the median price and average sales price have shown increases.
Condominium sales - Saw a dip in the number of units sold, but prices have continued to show a strong increase over 2006.
With interest rates remaining low and a strong local economy, both buyers are sellers are taking advantage of the Oahu real estate market.
*These numbers were taken from the Honolulu Board of Realtors MLS system and are deemed to be accurate, but … (4 comments)
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real estate sales: Wahiawa and Whitmore Real Estate Sales Activity for May 2007 - 06/05/07 02:47 AM
The Wahiawa and Whitmore communities have seen the real estate market has leveled, but homes are still selling. Interest rates are still low and there is a good selection of inventory. It is still a good time to buy or sell in this balanced Wahiawa and Whitmore market.
*These numbers were taken from the Honolulu Board of Realtors MLS system and are deemed to be accurate, but not guaranteed.
You can find out more about real estate in Hawaii at: http://www.hawaiirandy.com/
Or at: www.localism.com
… (0 comments)
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real estate sales: Mililani, Hawaii Real Estate Sales Activity for May 2007 - 06/05/07 01:12 AM
This Mililani sales report covers zip code 96789 which covers both the Mililani Area (which includes Mililani Town, Launani Valley) and Mililani Mauka.
The Mililani real estate market has flattened, but it is still moving strong. We are still seeing good real estate activity in the Mililani area. With low interest rates and a little more inventory, buyers are still able to buy the home of their dreams.
*These numbers were taken from the Honolulu Board of Realtors MLS system and are deemed to be accurate, but not guaranteed.
Mililani Links:
Mililani Town Association: http://www.mililanitown.org/Mililani Drug Free: http://www.Mililanidrugfree.org/Mililani Chess Club: http://www.mililanichess.org/Mililani Real Estate: http://hawaiirandy.com/Mililani … (2 comments)
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real estate sales: Q1 2007 Real Estate Sales Activity in the Kaneohe Area - 04/24/07 12:02 AM
The Kaneohe communities (zip code of 96744) real estate market has had a small increase in sales activity over 2006 for the sale time period, there has been a some drops in average sales prices. The one bright spot was in March the average sales prices of condos went up. Interest rates are still low and there is a good selection of inventory making it a good market for buyers. Sellers may need to be somewhat negotiable with the amount of units for sale especially in the single family homes.
Currently under the "Active for Sale Category" there are:
113 Single Family … (4 comments)
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real estate sales: Real Estate Sales In Mililani Seems to be Picking Up - 03/14/07 04:44 PM
In the last few weeks we have seen a surge in business in Mililani and the surrounding area.
Our office had two townhouses for sale. One was on the market for a little over a year and the other nearly 6 months. They were just sitting there with very little interest and then it happened. At the same time they both received multiple offers and went into escrow. Ok I know that is not scientific, but let's look at a few more.
On the first of the month 3/1/07, I listed a 3 bed/ 2.5 bath townhouse for sale in Laulea. My clients were … (11 comments)
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real estate sales: Honolulu 2/07 Real Estate Sales Numbers - 03/06/07 10:55 AM
The stats are in from the Honolulu Board of Realtors MLS. Single family home prices showed a bump in February 2007. Condo prices remain at the same level as the previous month. Honolulu County makes up the entire island of Oahu.
2/07 Median Price 2/07 Average Days on Market
Single Family Homes $614,500 (up from 1/07) 70 Condos/ Townhouses $320,000 (same as 1/07) 59The median price for single family homes had peaked in May 2006 and have bounced up and down each month since. The condo and townhouse median price high was reached in July 2006 at 329,000. They have since … (1 comments)
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real estate sales: Real Estate Sales Activity in the Kaneohe, Hawaii - 02/13/07 03:40 AM
Kaneohe (tax map keys 144 thru 147)
Single family homes sold has slowed some, but prices have steadily climbed. January single family home sales started the year a little bit slow, while condos and townhouses were off to a good clip.
The below figures include both fee simple and leasehold properties. These are only the totals and averages.
Here are number of single family homes sold in the Kaneohe and the surrounding areas:
2007: Average Sales Price:
Today 124 homes active for saleToday 38 homes in escrowJanuary 2007 14 homes sold 7/1/06 through 12/31/06: 126 homes sold $867,209
Previous periods: Average Sales Price:
1/1/06 … (4 comments)
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real estate sales: Full Time Professionals vs. Part Time Hobbyist– Part 2 - 02/12/07 10:25 AM
I may have insulted a few folks with my previous blog: Full Time Professionals vs. Part Time Hobbyist or Limited Service Agents
For the benefit of those who were insulted we need to take a 2nd look at what I said and what they are doing. It is not a question of how many hours a week you work or what you charge for your services. It is about the service you provide or the lack there of and the competency of what you are doing.
I recently responded to a blog that was somewhat tongue and cheek. It disagreed with my point … (43 comments)
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