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Nick Kawakami

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Nick Kawakami

Proof of Concept: Raspberry Pi FM Talking House

February 11, 2017 By Nick Kawakami

Manoa has always had its fair-share of decorations during the holidays. From haunted houses on Halloween, to winter wonderlands during Christmas, I’ve always enjoyed the time and effort that people put into the holiday spirit.

This year, while trick-or-treating around Manoa with my nephew, I had an idea to create a “talking house” that could give prospective Buyers a quick breakdown of the house, without actually going inside. My idea was to create a small FM radio broadcaster, and when people drove by the house, they could tune their car radio and listen to a 30 sec clip of me, describing the home. My hope was that it could be an added value to my clients, and allow more exposure to their homes.


(Jump to 7:54 for the good stuff)

Luckily for me, I had begun to explore a mini-computer called the “Raspberry Pi.” Using that tiny computer, paired with some nerdy programming and software found online, I got a prototype working and broadcasted one of my brother’s songs to an emergency radio I wound up! It was kind of exciting, and proof that my initial idea could work!

Unfortunately, this is the part of the story where reality sets in. In refining my transmitter, I discovered heaps of warnings about FCC regulations on “pirate broadcasting.” The government is very concerned about radio interference and strictly governs the use of radio frequencies. This meant that, while an interesting concept, it would have to stay a concept for now.

That’s not to say all is lost, as it was a valuable learning experience and inspires me to explore new technologies and strategies. I learned a lot about the capabilities of this small computer, and have already begun working on future (legal-er) uses for the device!

Filed Under: Island Living, Real Estate Tagged With: raspberry pi, talking house, technology

Real Estate Agent, Realtor, Broker. What’s The Difference?

February 8, 2017 By Nick Kawakami

Nerd Alert: If you’re interested in details, like I am, then you may be wondering what is the difference between Real Estate Agent, Realtor, and Broker. While commonly interchanged in conversation, they each serve different legal roles in the Real Estate field. Here’s a brief breakdown between the three…

Real Estate Agent

Real Estate Agents refer to the people who have been awarded a Real Estate license by the State. Rules vary by state, but in Hawaii, you’re required to take a State-administered exam, pay a licensing fee, and continue your education each year.

Realtor®

Going a step further, most Real Estate Agents join the National Association of Realtors and become “Realtors.” Members must adhere to a “Code of Ethics,” governing their practice and upholding industry standards.

Real Estate Broker

Brokers are Real Estate Agents that have taken their education further and passed additional State licensing exams. This allows them the legal ability to hire other Agents to work for them or work alone.

The Realtor® Difference

Filed Under: Real Estate Tagged With: agent, broker, faq, real estate, realtor

Will the Rooster Bring New Changes in 2017?! 🐓

February 6, 2017 By Nick Kawakami

Aloha Everyone, and Gong Xi Fa Cai/Gong Hey Fat Choy!

The Year of the Rooster is here, and 2017 is off to a rocket start! Agents in the office are beginning to settle back into their normal routines after the closing of 801 South Building B, and all of us recover from the seemingly-endless supply of parties over the holidays. It’s shaping up to be an interesting year, both inside and outside of the real estate market, so let’s take a look at how 2017 started…

The biggest news for the month was the record-low inventory in the marketplace. The statistic that we use is to figure out the health of the inventory supply is”Months of Inventory,” or how long it would take to sell every home available. In January, that number dropped to 2.4 months, meaning that if no new listings came on the market, we would be completely sold out in by mid-April. That’s a super-low number, and unhealthy for a balanced market. As the inventory stays low, Buyers will continue to compete over the few good listings out there, and Sellers with good properties will continue to see multiple offers.

As for sales numbers, the number of condos and homes sold in January were up over last year’s numbers, while median prices rose and dropped for condos and homes, respectively. Median condo prices are up to $380,000, while homes dropped slightly to $730,000. Nothing dramatic to write home about, but I will keep watching both of those numbers as they’ve seemed to slow slightly in their annual growth (realtive to last year’s big growth).

The overall financial market is still adjusting with President Trump now sworn in. Mortgage prices have bounced up above 4%, and the fed continues to keep an eye on inflation. Overall, it looks like people are going to be more cautious, and a Rooster in the zodiac supports that (if you believe in that sort of thing 😀 ).

Anyway,if you haven’t heard it enough already…

Happy Chinese New Year! Hopefully you all ate good dim sum and will have long lives! If you need anything, you know where to find me!

ALOHA!
Nick

Filed Under: Investing, Real Estate Tagged With: market stats, monthly, stats

Happy New Year! Time to Reflect on 2016 & Look Ahead!

January 19, 2017 By Nick Kawakami

Happy New Year! I’m going to sound like a spoiled kid, but I can’t wrap my head around this fact: the 2017 Punahou graduating class was two when I graduated high school! I was a senior in High School when Dallas Cowboys running back Ezekiel Elliot started Kindergarten…WHAT!?! I can’t believe that it’s 2017 already, and I can’t believe what a year 2016 was! Let’s recap some stats! [Read more…] about Happy New Year! Time to Reflect on 2016 & Look Ahead!

Filed Under: Investing, Real Estate Tagged With: market, market stats, report

Brand New Building Tour “The Collection”

January 12, 2017 By Nick Kawakami

I got a chance to preview the newest building in Kaka’ako called, “The Collection.” The building features standard apartment-style condos, lofts, and townhomes. The finishes are awesome, the amenities are top-notch, and it’s a great building to call “home!”

Filed Under: Real Estate Tagged With: building, the collection, tour, video tour

Mahalo for your Nomination!

December 11, 2016 By Nick Kawakami

Thank you very much for your support this year! It’s a huge honor to be nominated for this award, since it can only happen from my clients!

Filed Under: Real Estate Tagged With: aloha aina, awards

Ho! Ho! Hoooomes Continue Up! How Far Can This Trend Go?!

December 10, 2016 By Nick Kawakami

Happy holidays everyone! I hope you are finding yourself happy & healthy as we enter the end of 2016 and into 2017! I can’t believe this is my last post for 2016 already…these years fly by! Speaking of flying, November stats continue to show a “flying” real estate market here on the island, and it doesn’t look like it’s slowing down heading into December. Let’s take a look at the numbers…

Yup, median prices are up, closed sales are up, and days on market are down. All signs continue to point to a strong Seller’s market, as inventory continues to fall. Some of the biggest changes occurred in the number of closed sales with both homes and condos up 19.5% and 17.6% respectively, over last year. We continue the trend in 2016 with more properties selling than coming on the market.

Condos also showed a 13.7% jump in median price over last year, while single-family homes rose 4.8%. In dollars, that’s roughly a $34,000 jump in homes and $48,000 in condos. I think the rise, especially in condos is due to more higher-priced units selling (due to the lack of inventory). The average sales price of condos sold rose 11.4%, which further enforces my feeling.

So what’s in store for December and heading into 2017? Well, it’s pretty obvious that low inventories continue to drive a competitive market here on O‘ahu. Properties are also selling faster despite the holiday season approaching, indicating that Buyers are still aggressively shopping in the market. It doesn’t seem like it’s slowing down any time soon!

I’ll continue to monitor the numbers, especially as President-elect Trump takes office. The Fed has already indicated a rise in bank rates next week, and possibly again through 2017 to offset inflation. Most experts are indicating a rise in mortgage rates to the mid-four percent range, so if you’re on the fence to purchase something, this may be a better time than waiting!

Have a good finish to 2016, and I hope you have a great start to 2017!
ALOHA!
Nick

Filed Under: Island Living, Real Estate Tagged With: market stats, monthly, statistics

The Market is Gobble-Gobble-Gobbling Homes!

November 14, 2016 By Nick Kawakami

Hi Guys & Gals, I hope your holidays are kicking into gear and 2016 is finishing strong! The Kawakamis are all preparing for a busy season, and it seems that the market is following suit!

msr_oct2016

Homes, both house and condo, continue to fly off the market as inventories continue to drop and days-on-market fall. Median prices for condominiums increased by 7% over last year to $396,000, while single-family homes increased by 3.1% to $742,000. Days-on-market, the statistic that accounts for how long an available home sits on the market, dropped to 19 days for single-family homes and 20 days for condominiums. Considering these stats include the finicky multi-million dollar listings, it’s a really strong indication that things fly quickly!

So what does this mean for my clients, especially as we head into the traditionally-slower winter months? If you’re thinking about selling, there are still plenty of Buyers looking for a home. It’s my opinion that the shortage of housing throughout the summer months will give us a good group of healthy Buyers for the foreseeable future. For my clients looking to buy, there are still a lot of great opportunities, especially with these low interest rates. If you’re even considering purchasing something in the next couple of years, keep an eye on those interest rates! With a new president coming into power, and an sensitive bond market, it will be interesting to see how rates react.

Happy Thanksgiving everyone! Looking towards to the end of the year, I hope everyone has a safe holiday season!

Nick

Filed Under: Investing, Island Living, Real Estate Tagged With: market stats, monthly, statistics

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Copyright © 2025 · Nick Kawakami, VP, Marcus Realty
Licensed in the State of Hawaii, RS-76713

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