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So, your home is in a neighborhood that hasn’t sold much of anything (in fact, NONE) in the past couple of years. You, as a Home Seller may believe that your home is the exception. Of course the home is beautiful with some upgrades but it DOES NOT discount the main point that the market has gone down NATIONWIDE in the past few years---especially in your neighborhood!
There are many areas of the country, state, county, city, neighborhood where the market is starting to turn around. Many neighborhoods in Oahu (Honolulu County) Hawaii are going up in value just because our inventory of homes is at an all time LOW.We are receiving multiple offers on properties that are priced right and we KNOW that the reason we have a low inventory is because we just have so much buildable /residential land for homes.Heck, we’re an island out in the middle of the Pacific Ocean!
The Continental United States has land as far as the eye can see. The cost of living and homes vary from area to area over there. You may not want to hear what your REALTOR® has to say, but it is in your best interests to keep an open mind.YOUR HOME IS NOT THE EXEPTION to a bad housing market area, no matter what your friends say.
So, why am I comparing the ‘mainland’ to Hawaii?You may be relocating soon to Hawaii and you are thinking about selling your home that lies in that slow housing market area on the mainland.You will see a difference in the quick sale of a home here vs. slow going over there. There is NO comparison when the housing market here, and there, are like apples and oranges.
Each and every home is unique…..
But it depends on what area it is in….
To determine the market value.
*Note: Mililani 2011 sold 19 homes last year for the month of August compared to 23 sold in August this year along with 43 currently in contract heading towards closing!
Celeste"Sally" Cheeseman is a Realtor-Associate® and Certified Residential Specialist (CRS) with Century 21 Liberty Homes in Mililani, Hawaii. With a sharp understanding that a listening ear is the key to a client's needs she serves the island of Oahu (Honolulu County) and all Hawaii Military Relocations, Hawaii Retirees, Hawaii Job Transfers and Hawaii Residents, Home Buyers and Sellers.
Reading my blog will give you the human side of this Real Estate Industry Professional as well as allowing you to walk beside me through my writing about Hawaii Real Estate & our Local Area. As a resident of Honolulu County Hawaii for 42 years you will get a tour of a lifetime. Specializing in Hawaii Relocation Military VA Home Buyers you can be rest assured you will be in good hands. I LISTEN to YOUR needs and give you sound advice. Hawaii Relocations, Hawaii Military Relocations, Mililani Hawaii Real Estate, Living in Hawaii, Army Navy Air Force Marines in Hawaii. Read more at www.cheesemanhomes.com
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.