lanceowens: 3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008
- 10/26/22 11:11 AM
Aloha, Lance Owens (RS) with LUVA Real Estate. With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place in 2008. But the good news is, there’s concrete data to show why this is nothing like the last time. There’s Still a Shortage of Homes on the Market Today, Not a Surplus For historical context, there were too many homes for sale during the housing crisis (many of … (2 comments)
lanceowens: Remote Work Is Here To Stay. Can Your Home Deliver the Space You Need?
- 09/21/21 01:02 PM
A lot has changed over the past year. For many people, the rise in remote work influenced what they’re looking for in a home and created a greater appetite for a dedicated home office. Some professionals took advantage of the situation and purchased a bigger home. Other people thought working from home would be temporary, so they chose to get creative and make the space they already had work for them. But recent headlines indicate working from home isn’t a passing fad. If you’re still longing for a dedicated home office, now may be the time to find the home that addresses your evolving needs. More and … (2 comments)
lanceowens: Hawaii's New Short Term Rental Ordinance - News and Updates July, 2019
- 07/11/19 02:32 PM
I wanted to share a few takeaways from yesterday's meeting with the planning department. First, a Bill becomes an ordinance once it goes into law - prior to, they are always bills - that’s the reason for the change from Bill 108 to the Ordinance 18-114 . Big Mahalos to the West Hawaii Association of Realtors (WHAR) for being at the forefront of this, and the Planning Department (PD) for their participation, Thank you WHAR members, Mike Drutar, Marissa Ashley, Brian McCourt, Karin Shaw, Linda Swanson and from the planning department, thank you Libby Gillis and Michael Yee. Disclaimer, this is NOT A LEGAL Opinion, do not base … (0 comments)
lanceowens: Do You Know The Impact Your Interest Rate Makes?
- 08/05/16 03:48 AM
Do You Know The Impact Your Interest Rate Makes? [INFOGRAPHIC]Some Highlights: Interest rates have come a long way in the last 30 years. The interest rate you secure directly impacts your monthly payment and the amount of house that you can afford if you plan to stay within a certain budget. Interest rates are at their lowest in years… RIGHT NOW! If buying your first home, or moving up to the home of your dreams is in your future, now may be the time to act! … (0 comments)
lanceowens: For a Brief Moment Buyers Have the Upper Hand in a Sellers Market
- 11/21/15 03:36 AM
"And if that holds true, right now is brief moment in a seller's market, that a buyer may have the upper hand" A quote from my market report for West Hawaii Condo Sales, it made me think for a minute. Clients always ask you what you think of the market, where is it headed, whats it doing, when is a good time to buy??? No one knows the perfect answer, but take a look at National Sales vs Hawaii Sales, then read my REPORT , I think you may agree, today may be the day that a buyer has an advantage in … (3 comments)
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