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Honolulu, HI Real Estate News

By Douglas Fischer
(East Oahu Realty - Selling Honolulu, Hawaii Condos)
Luana Waikiki - Very Popular Condo and Condotel Building Luana Waikiki   2045 Kalakaua Avenue Fee Simple    Waikiki - Central See Map or Satellite Photo Description:  This Fee Simple condominium building consists of 17 floors and 217 units, with studio and one bedroom/one bath floor plans.  Totally renovated in 2004, the units were fully furnished with granite counters, travertine tile floors and other amenities.  Building amenities include concierge, doorman, exercise room, recreation area, swimming pool, barbecue, community laundry, onsite resident manager and trash chute.   View Current Listings View Sold Listings View More Photos View Configurations & Floor Plans Building Details:   Units: 217 Year Built: 2004 Elementary School: Jefferson Studios: 0 Stories: 17 Middle School: Washin...
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By Keahi Pelayo
(KU Realty)
May 10th, 2010 categories: For Buyers, Video For Buyers Very few people in the world, let alone Honolulu, will have a penthouse like this one!  Not only is it nearly 4,300 square feet of New York style loft, but also you will enter via your private glass elevator directly into the flat. Revel in the minimalist, wide-open loft layout, or bring your designer and make this your exclusive one of a kind lair. CLICK HERE TO SEE THE ENTIRE BLOG.
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By Barbara Abe
(East Oahu Realty)
Greg Knudsen posted in our Star Bulletin an article explaiing the efforts of Hawaii Kai's Neighborhood Board (HKNB) to preserve and protect Hawaii Kai, specifically Maunalua Bay and the Ka Iwi Coast.  In support of their work, and to help publicize the efforts of our committed representatives, I reprint below highlights of his blog, Welcome to the Neighborhood - Hawaii Kai, "The objectives of the board to preserve and protect Hawaii Kai are several: 1.  Planned development consistent with the East Honolulu Sustainable Communities Plan. The plan maintains an appropriate balance of urban and rural areas. In particular, the Hawaii Kai Neighborhood Board supports and promotes the perpetuation of the agricultural-zoned lands in Kamiloiki Valley and behind Kaiser High. 2.  Preservation of sce...
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A new company is doing our Oahu real estate statistics, and they have easy-to-read graphs which were not part of our old format.  If you would like a copy of Monthly Indicators, or Housing Supply Outlook, or Local Market Updates, just let me know and I will send you the links.  Unfortunately, I'm unable to reproduce the graphs here. Highlights from the Monthly Indicators Report for Oahu:Closed Sales for April Single Family2010 - 2862009 - 1872008 - 260Year-to-date numbers are up 42.1%Condos2010 - 3902009 - 2632008 - 407Year-to-date numbers are up 49.6% Median Sales Price for AprilSingle Family2010 - $563,0002009 - $600,0002008 - $639,500Year-to-date numbers are up 0.9%Condos2010 - $308,0002009 - $314,9502008 - $325,000Year-to-date numbers are up 9.5%Days on Market until Sale for AprilSi...
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By Keahi Pelayo
(KU Realty)
May 4th, 2010 categories: For Buyers, For Sellers, The Market The Honolulu Advertiser is reporting that Hawaii’s bankruptcies have risen. CLICK HERE TO READ THE ENTIRE BLOG.
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May 6th, 2010 categories: For Sellers, The Market Like most areas, the Honolulu real estate market is cyclical and it is going into the best cycle of the year to sell.  If you are thinking about selling your Honolulu house or condo, now (did I write NOW?) is the time to start signing the listing paperwork and taking care of the details to have your home showing its best.  The Honolulu summer market begins in mid-May and runs. CLICK HERE TO READ THE ENTIRE POST.
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By Douglas Fischer
(East Oahu Realty - Selling Honolulu, Hawaii Condos)
Honolulu Condos and Homes - Listing Alerts 5/5/10 Aloha! Please view the links below for this week's Listing Alerts. Don't miss the HOT LINKS at the bottom of this newsletter for such distressed property listings as:  Lender Owned Condo Listings Lender Owned Single Family Home Listings* Lender Owned Condo Listings Foreclosure Condo Listings Short Sale Condo Listings  *NEWLY ADDED Also, please feel free to visit our website, one of the most complete Honolulu Condominium Directories available online at www.HNLCondos.com. NEW CONDO LISTINGS These condo listings are new listings that have come on the market for sale, since last week's newsletter. ALA MOANA NEW CONDO LISTINGS DIAMOND HEAD NEW CONDO LISTINGS DOWNTOWN/CHINATOWN NEW CONDO LISTINGS KAKAAKO NEW CONDO LISTINGS KAPIOLANI NEW CONDO ...
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By Daniel Newbill
(Realty Executives Oahu)
S&P Properties representative John Hirkenrath announced Monday that the remaining Trump Tower Inventory will be closing soon.  The remaining cash buyers will reportedly be closing between May 24th, 2010 and June 7th, 2010.  The remaining financed buyers schedule of closing will be predicated on the buyers ability to update the information needed by the lenders to close the loan.  This is the news we have all been waiting for.   
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
I've currently got 94-1195 Hapapa St. in Waipahu on the market for a bargain at $564,500. This home was previously listed with another brokerage for $649,500! This is a deal priced to sell!Here's a little secret...you get so much more for your money if you're willing to drive just west of Honolulu.Waipahu, for instance, is only about 15-20 minutes west of Honolulu International Airport. If you're considering relocating to to Oahu from the mainland, this is a hidden secret. Not only do you get more for your money here, you also don't have to drive as far as Ewa Beach or Kapolei to get something nice. 94-1195 Hapapa St (MLS# 1003714)Current Price $564,500 ($-85,000)This Waipahu turnkey home is only a  few minutes away from the Shops at Waikele, restaurants, and the Waikele Country Club.It...
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By Keahi Pelayo
(KU Realty)
April 29th, 2010 categories: For Buyers, Video For Buyers I’ve been thinking about interest rates and how low they are now.  As I write this it is very possible for qualified buyers in Honolulu to get a 30 year fixed rate loan at an interest rate of 5%. This equates to a monthly payment of $534.59 for every $100,000 you barrow.  Below are two comparisons.  The first shows you how much of a loan a monthly payment of $534.59 debt service.  CLICK HERE TO READ THE BLOG AND SEE THE VIDEO.
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By Keahi Pelayo
(KU Realty)
April 28th, 2010 categories: For Buyers, Video For Buyers This is the third in my series on buying a home or condo at college for you child to reside in while they are attending school.  Though this post focuses on planning a college acquisition, it really pertains to buying almost any piece of Honolulu real estate.  Whether you are investor or buying a home or condo for you own use, it is always good to determine when you plan on selling and then determining a contingency plan if you are not able to sell as planned. CLICK HERE TO READ SEE THE VIDEO
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By Douglas Fischer
(East Oahu Realty - Selling Honolulu, Hawaii Condos)
Honolulu Condos and Homes - Listing Alerts 4/28/10 Aloha! Please view the links below for this week's Listing Alerts. Don't miss the HOT LINKS at the bottom of this newsletter for such distressed property listings as:  Lender Owned Condo Listings Lender Owned Single Family Home Listings* Lender Owned Condo Listings Foreclosure Condo Listings Short Sale Condo Listings  *NEWLY ADDED Also, please feel free to visit our website, one of the most complete Honolulu Condominium Directories available online at www.HNLCondos.com. NEW CONDO LISTINGS These condo listings are new listings that have come on the market for sale, since last week's newsletter. ALA MOANA NEW CONDO LISTINGS DIAMOND HEAD NEW CONDO LISTINGS DOWNTOWN/CHINATOWN NEW CONDO LISTINGS KAKAAKO NEW CONDO LISTINGS KAPIOLANI NEW CONDO...
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By Keahi Pelayo
(KU Realty)
April 27th, 2010 categories: For Buyers, Video For Buyers Today’s video blog augments yesterday’s by talking about a few parameters to implement when considering buying your college bound student a college housing unit.  Toward the end of the video I discuss one issue specific to a purchase in Honolulu.  Be sure to watch the video if you are considering this option.  CLICK HERE TO SEE THE VIDEO BLOG.
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By Keahi Pelayo
(KU Realty)
April 26th, 2010 categories: For Buyers, Video For Buyers In today’s video blog, I discuss the idea of using the money you might pay for room and board at college to buy a home or condominium.  The goal is to put the dollars you would be sending to the college to work for you and your future.  Remember that $550 per month will cover the payments approximately $100,000 in mortgage. CLICK HERE TO READ SEE THE VIDEO BLOG.
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By Barbara Abe
(East Oahu Realty)
Earth Day makes us think of ways to protect and preserve our planet, and one of the major ways Hawaii pet owners can help is to focus on reducing their pets' carbon footprints.  8 billion pounds of kitty litter goes to landfills across the country every year, just for an example. PETCO has partnered with Greenwala.com ad Tracie Hotchner, host of NPR's Gracie-Award winning show "Cat Chat," to suggest ways you can reduce the environmental impact of your Hawaii pets.  Highlights are included here, as reported by RisMedia.com. 1.  Go bio-degradable and sustainable when you clean up after your pet.  Our Hawaii Kai Dog Park is heavily used and owners pick up after their pets, but those plastic bags full of waste won't degrade for years in the landfill.  Use bio-degradable bags and eco-friendl...
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By Douglas Fischer
(East Oahu Realty - Selling Honolulu, Hawaii Condos)
Honolulu Condos - Real Estate News & Trends 4/21/10 Aloha! Welcome to this month's issue of "Honolulu Condos - Real Estate News & Trends", provided by Douglas / Christopher Realtor Associates with RE/MAX Honolulu. This newsletter is published monthly and contains time sensitive information about the Honolulu Real Estate Market. It also combines the weekly newsletter, "Honolulu Condos - Listing Alerts" which includes current new condo listings and distressed property listings. Don't miss the HOT LINKS at the bottom of this newsletter for such distressed property listings as: Lender Owned Property Listings Lender Owned Single Family Home Listings* Foreclosure Property Listings Short Sale Property Listings  *NEWLY ADDED Also, please feel free to visit our website, one of the most complete ...
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By Keahi Pelayo
(KU Realty)
April 21st, 2010 categories: For Sellers, Video For Sellers For non-resident owners of Honolulu homes and condos, if you are not aware there could be a surprise lurking around the corner when you sell your property.  HARPTA is a law that requires the withholding of 5% of the sales price for sellers that are not residents of Hawaii. CLICK HERE TO SEE THE ENTIRE VIDEO BLOG
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By Keahi Pelayo
(KU Realty)
April 19th, 2010 categories: For Buyers, For Sellers, Video For Buyers, Video For Sellers Even though I sell real estate in Honolulu, no matter where I am (Oahu included), it always seems that there is more than one agent that claims to be the “number 1” agent or top producer in a given market. So how can this be?  CLICK HERE TO SEE THE VIDEO BLOG.
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By Barbara Abe
(East Oahu Realty)
Hawaii Ranchers, the Hawaii Cattle Producers Cooperative Assn., is the new brand and logo for beef products produced and marketed by the coop (HCPCA).  Now available at Foodland Supermarkets, the beef is grass fed, pasture raised, antibiotic and hormone free.  The Coop guarantees flavor and texture, and knows it will be marketing a quality product.HCPCA is a 46-member statewide organization that has been together since 1984 to assist members in marketing their cattle.  Member ranchers own close to 50,000 breeding cows and bred heifers, and operate on more than 500,000 acres of pasture on all the islands except Lanai. To date, the coop has helped with the shipping to the mainland, working on economies of scale and efficiencies for member ranchers.  But the new move into marketing will pr...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
5231 Kuaiwi Pl (MLS # 1006735) is the first home to hit the market in Kahala Kua in over a year.Talk about low supply! The home was built in 2003 and featured in the April, 2004 issue of Hawaii Home and Remodeling in an article titled "Making Your Great Room Great." The views of the surfbreaks, the privacy, and ability to "Lock Up & Leave" for second homeowners makes Kahala Kua a special place. The construction is newer, prices are lower than Hawaii Loa Ridge, and it's actually closer to town!Enjoy the view from this "Tsunami Free" Kahala Kua home (MLS# 1006735) Kahala Kua is a secluded gated community perched above Waialupe. It is the newest gated community in East Oahu, outside of the Peninsula in Hawaii Kai and offers newer construction than Hawaii Loa Ridge. Bill Mills developed the...
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