mililani: To Disclose or Not to Disclose, That is Not the Question
- 02/28/07 12:49 AM
I recently read a column in our Hawaii Association of Realtors newspaper talking about calls they receive on the legal hotline. The focus of the article was about whether you should disclose or not certain facts.
First let me disclose that I am not an attorney and as such will not give out any legal advice. What advice I will give is a bit of old fashioned common sense.
To start with in Hawaii our State Law requires that seller's of residential property disclose all material facts. A material fact is basically anything that might affect the buyer's decision to purchase. Chapter 508D, … (40 comments)
|
mililani: Real Estate Sales Activity in the Village Park
- 02/23/07 01:42 PM
Village Park is a community in Waipahu, Hawaii (makes up part of tax map key 194).
Single family home prices have leveled off and even shown a slight softening in the last half of 2006
There are not enough sales of condos and townhouses in Royal Kunia to draw any scientific conclusions, but the prices have consistently climbed during the tracking period.
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 Village Park:
2007: Average Sales Price:
Today 17 homes active for saleToday 12 homes in escrowJanuary … (3 comments)
|
mililani: Tenants Can Make Listings an Adventure
- 02/23/07 10:30 AM
We have all been there. You compete and earn a listing for a piece of property. You are excited to start the marketing. There is one complication though, it is currently rented out.
I try not to get involved with listings that have tenants unless they are on month to month tenancy or are a multi-unit dwelling that buyers will want stable tenants.
You can help yourself by working with the tenants and try to minimize the impact on their lives. This is their home and you at all times have to remember that you are adding a lot of stress … (27 comments)
|
mililani: Buyers Need a Good Real Estate Agent More than Ever
- 02/22/07 09:24 AM
In today's world of internet and technology some buyers think they are ready to go it on their own. To the contrary they need us more than ever.
Back in 1982 when I first went to real estate school to get a license:
The purchase contract (DROA) in Hawaii was 1 page long. Mortgages were hard to get and there were not many choices in loan programs and lenders. Home inspections were not as complicated then either.Mold was something you scrubbed off. Asbestos and lead paint were commonly found in most homes. To get information on homes for sale you found an area … (7 comments)
|
mililani: Real Estate Sales Activity in the Ewa Gentry
- 02/22/07 07:07 AM
Ewa Gentry is a planned community in Ewa Beach, Hawaii (makes up part of tax map key 191).
Single family homes sales have leveled off in price and volume. Currently there is about 6 months worth of inventory.
Ewa Gentry condos and townhouses prices have also shown some flattening. Currently there is about 3 months worth of inventory.
These are only the totals and average sale prices.
Here are number of single family homes sold in Ewa Gentry:
2007: Average Sales Price:
Today 128 homes active for saleToday 30 homes in escrowJanuary 2007 19 homes sold Previous periods:
7/1/06 through 12/31/06: … (1 comments)
|
mililani: Real Estate Sales Activity in the Ocean Pointe
- 02/22/07 05:23 AM
Ocean Pointe a planned community in Ewa Beach, Hawaii (makes up part of tax map key 191).
Single family homes sales have continued to climb in price and volume. The second half of the year was a little stronger than the first half.
Ocean Pointe condos and townhouses prices have shown some flattening, but sales volume is climbing.
These are only the totals and average sale prices.
Here are number of single family homes sold in Ocean Pointe:
2007: Average Sales Price:
Today 37 homes active for saleToday 13 homes in escrowJanuary 2007 6 homes sold Previous periods:
7/1/06 through 12/31/06: 64 homes sold $613,602 1/1/06 through 6/30/06 … (1 comments)
|
mililani: 12 Great Reasons to Buy a Home in Mililani, Hawaii
- 02/19/07 07:07 PM
12 Reasons to live in the All-America City:
Mililani is a planned community with beautiful tree lined and landscaped roads.Six recreation centers and a seventh to open soon.Parks, ball fields, soccer fields, a skate park, dog park and roller hockey arena.More activities for children and families than any other community in the state.Three great shopping centers that combine, big box stores, great choices for food, small boutique shops, medical, dental, office spaces and a multi-plex theater. Homes are moderately priced compared to equivalent properties in other parts of the island.Mililani is at a higher elevation, keeping temperatures cooler and breezier.Mililani has a … (3 comments)
|
mililani: Your Price is TOO HIGH!
- 02/16/07 10:39 AM
While showing property the other day to one of my clients we say two almost identical homes.
Both properties were in above average condition. Both had some nice upgrades to them. Both were built by the same developer and were in the same neighborhood within a planned community and were the same model with identical floor plans about two blocks apart. The one my client liked a little more had nicer floors and nicer kitchen cabinets.
The real difference in the properties was this they were priced $13,000 apart. The one my client liked better was priced at exactly what the last … (40 comments)
|
mililani: Mililani, Hawaii Directory of Schools
- 02/16/07 05:23 AM
For your convenience here is a quick directory of the schools in our planned community of Mililani, Hawaii. To get better details and tests results for the public schools you can search them through the Hawaii Department of Education website: http://doe.k12.hi.us/index.html
For Hanalani School you can additional information from their website: http://www.hanalani.org/
A great resource to look up schools around the country: http://www.greatschools.net/
Mililani Links:
Mililani Town Association: http://www.mililanitown.org/Mililani Drug Free: http://www.Mililanidrugfree.org/Mililani Chess Club: http://www.mililanichess.org/Real Estate Sales: http://www.hawaiirandy.com/Mililani Blog Posts:
Welcome to Mililani - Part 1 the Shopping CentersWelcome to Mililani - Part 2 the Planned CommunityWelcome to Mililani - Part 3 the Surrounding CommunitiesMililani is … (5 comments)
|
mililani: Real Estate Sales Activity in the Kaneohe, Hawaii
- 02/12/07 07:40 PM
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)
|
mililani: Full Time Professionals vs. Part Time Hobbyist– Part 2
- 02/12/07 02:25 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)
|
mililani: Military Construction Budget for Hawaii May Triple
- 02/11/07 08:26 PM
If President Bush's budget, that is currently before congress passes the military would spend $553 million on construction projects in Hawai'i next year..
The llist of projected construction items for Hawaii:
$99.9 million facility at Pearl Harbor to help submarines maintain their stealth.$16.5 million expansion to the Air Force's surveillance operations center at Hickam Air Force Base.$65.4 million for a Naval Computer and Telecommunications Area Master Station in Wahiawa. $121 million for barracks at Fort Shafter, Wheeler Army Air Field and the Marine Corps base in Kane'ohe.$136.3 million to continue building a National Security Agency regional operations center.$88 million to continue the 20-year … (4 comments)
|
mililani: Tad Does it Again by Winning Hawaii Pearl Open
- 02/11/07 08:02 PM
Tadd Fujikawa a 5'1", 135 lb., 16 year old sophomore from Moanalua High School in Hawaii, wins the 29th annual Hawai'i Pearl Open by one shot over Greg Meyer.
Tadd recently became the youngest player in 50 years to make the cut at a PGA Tour event at the Sony Open (Formerly known as the Hawaiian Open).
Tadd was followed all day Sunday during the final round by a crowd of over 100 fans. The crowd was smaller than those that followed him at the Sony Open.
For the second time in recent days amateur Tadd Fujikawa would have cashed large money … (1 comments)
|
mililani: Kamehameha High School is New National Cheerleading Champions
- 02/11/07 07:34 PM
Kamehameha earlier this year took second place at the State Championships behind Mililani High School (My son plays football at Mililani) . That did not deter them. They went on the Orlando Florida at Walt Disney World and won the National High School Cheerleading Championship yesterday.
The Kamehameha Warriors won the small varsity division with a score of 713 points. The small division is for squads of 12 members or fewer. This year 56 schools competed in the division. Kamehameha won by 19.5 points over 2nd place finisher Hazel Green High School. Hamilton High placed third with 683 points, and Madison … (2 comments)
|
mililani: Real Estate Sales Activity in the Pearl City/ Aiea Areas
- 02/10/07 12:22 PM
The Pearl City/ Aiea areas have had steady growth in sales prices for that last few years and steady sales. January started the year a little bit slow. Lower priced single family homes seemed to be the norm, while condos maintained their average price in January 2007.
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 Pearl City/ Aiea areas:
2007: Average Sales Price:
Today 57 homes active for saleToday 17 homes in escrowJanuary 2007 12 homes sold $516,2917/1/06 through 12/31/06: 133 homes sold … (6 comments)
|
mililani: I Was Asked for My Autograph Today
- 02/08/07 09:47 PM
This was the most amazing thing to happen to me in a long time. Today, I pulled up home and parked my car about 5:30pm. There were a group of about 8 or 10 of the neighborhood youngsters playing in front, ages ranging from about 4 years old to about 10.
After pulling my briefcase out of the car I heard the voice of one little girl asking me if I was the guy on the front page of the newspaper. (Our community paper put a big picture of me and my best friend Guy on the front page about a … (70 comments)
|
mililani: Real Estate Sales Activity in Honolulu County
- 02/07/07 08:31 PM
The Honolulu real estate market showed a slowing of units sold in 2006, but average prices continued to show an increase over 2005. Median prices increased slightly more than averages prices.
Here are number of single family homes sold in Honolulu:
Today 1592 homes active for saleToday 498 homes in escrowJanuary 2007 259 homes sold7/1/06 through 12/31/06: 1994 homes sold
Previous periods:
1/1/06 through 6/30/06 1986 homes sold7/1/05 through 12/31/05 2380 homes sold1/1/05 through 6/30/05 2322 homes sold7/1/04 through 12/31/04 2592 homes soldAverage Sales Price for 2006: $778,393 up 4.6% over 2005
-------------------------------------------------------------------------
Here are the number of condos and townhouses sold in Honolulu:
Today … (2 comments)
|
mililani: Full Time Professionals vs. Part Time Hobbyist or Limited Service Agents
- 02/07/07 07:46 PM
I read a blog that stated it is about professionalism and not whether you are full-time, part-time or a discount broker. I feel the need to speak my mind.
Let's talk about professionalism for a moment. Professionalism is the product of hard work, training and dedication.
If it is about professionalism, tell me how many part time agents you know who spent the time and money to get the training and have earned their GRI, CRS, CRB, brokers license or any of the designations that require real education? Not one I can think of.
Let me make one thing perfectly clear. The term … (28 comments)
|
mililani: Real Estate Sales Activity in Waikele
- 02/06/07 06:01 PM
The Waipio Gentry real estate market showed a slowing of condo and townhouse sales in 2006, while single family homes moved at almost the same pace as 2005.
Here are number of single family homes sold in Waikele (includes Renaissance):
Today 5 homes in escrowJanuary 2007 4 homes sold7/1/06 through 12/31/06: 30 homes sold
Previous periods:
1/1/06 through 6/30/06 26 homes sold7/1/05 through 12/31/05 33 homes sold1/1/05 through 6/30/05 27 homes sold7/1/04 through 12/31/04 49 homes soldHere are the number of condos and townhouses sold in Waikele (includes Renaissance):
Today 17 homes in escrowJanuary 2007 6 homes sold7/1/06 through 12/31/06: 59 homes sold
Previous … (6 comments)
|
mililani: Real Estate Sales Activity in Waipio Gentry
- 02/06/07 05:18 PM
The Waipio Gentry real estate market slowed in 2006, and seems to be moving at a similar pace today.
Here are number of single family homes sold in Waipio Gentry (includes Crestview and Seaview):
Today 4 homes in escrowJanuary 2007 4 homes sold7/1/06 through 12/31/06: 16 homes sold
Previous periods:
1/1/06 through 6/30/06 19 homes sold7/1/05 through 12/31/05 28 homes sold1/1/05 through 6/30/05 30 homes sold7/1/04 through 12/31/04 26 homes soldHere are the number of single family sold in Waipio Gentry (includes Crestview and Seaview):
Today 7 homes in escrowJanuary 2007 5 homes sold7/1/06 through 12/31/06: 73 homes sold
Previous periods:
1/1/06 through 6/30/06 … (1 comments)
|
I recently read a column in our Hawaii Association of Realtors newspaper talking about calls they receive on the legal hotline. The focus of the article was about whether you should disclose or not certain facts.
;)
;)
;)
