Keahi Pelayo's (honolulurealtoranimal) Blog

December 30th, 2008 categories: Honolulu Real Estate 101, Rants & Riffs There is an old saying; “It is darkest before the dawn.”  Over the last year, our economy as experienced many pieces of bad news.  Call me a contrarian, I think this creates opportunities for buyers of Honolulu homes. The lat...

December 29th, 2008 categories: Honolulu Real Estate 101, Rants & Riffs Over my lifetime, the Honolulu real estate market has been susceptible to inflation.  Last week’s article in Forbes may foretell a good reason to buy a home or condo in Honolulu sooner rather than later. CLICK HERE TO READ TH...

December 23rd, 2008 categories: Rants & Riffs I have been hearing of refinance mortgage loan rates in the 4.0 to 4.375% range! This is insanely low and now is a great time to consider getting a new loan.  Here is a step by step plan to take advantage of these great loans. CLICK HERE TO READ THE E...

December 22nd, 2008 categories: Rants & Riffs Today’s Honolulu Advertiser is reporting information about properties which will need to be acquired to make way for the proposed rapid transit rail project.  Theoretically, the City will “negotiate” with the landowners, but if I had to bet…the owners...

December 19th, 2008 categories: Distressed Properties In general, core Honolulu is not experiencing significant rates of foreclosure.  The City and County of Honolulu encompasses the entire island of Oahu and there is an area where foreclosures can be found.  According to Pacific Business News, E...

December 18th, 2008 categories: Rants & Riffs Pacific Business News is reporting that Honolulu is in esteemed company.  We are the third most expensive city in the U.S. CLICK HERE TO READ THE ENTIRE POST.

December 17th, 2008 categories: Honolulu Real Estate 101 No one should be shocked but the Honolulu new real property tax assessments are out and they are down.  Great news is with them being down, theoretically, we will pay less in taxes. CLICK HERE TO READ THE ENTIRE POST.

December 15th, 2008 categories: Honolulu Real Estate 101, Rants & Riffs During slower real estate markets I see all sorts of creative incentives to help bring buyers to the table.  A seller on Oahu recently made the news because they are offering a “bounty” to “anyone who can locate a buyer”. CLI...

December 11th, 2008 categories: Distressed Properties RealtyTrac just released the Hawaii foreclosure number for November.  I found the headlines in our local newspapers at odds with each other.  Even though the stories were based on the same information, each headline made me feel differently ab...

December 10th, 2008 categories: Honolulu Real Estate 101, Rants & Riffs I am starting to see signs that the Honolulu real estate market may be picking up.  Its resilience could be seen in relatively strong interest before the financial woes of August, September, October and November.  In fact, it...