Howzit everyone! Hope you’re doing well after, what seemed like, such a weird month. It’s still snowing in April, we couldn’t eat any Romaine Lettuce, the rain was ridiculous for a weekend, and most recently: “Oahu median home price rises 11% as condo sales jump 13%.” That last one doesn’t seem as major next to real crisis headlines, but that didn’t stop news outlets from stoking the “housing crisis” fire this past weekend. Let’s take a step back, break down the numbers, and see if the panic is legitimate.
Happy April Everyone, so happy to be back on the web! Mercury is out of retro-grade, I’ve launched this new website, and I think I actually saw this sun today! All good things pointing to another productive Spring season in the real estate market, but has that translated to the numbers? Let’s take a look. [Read more…] about Are We Plateauing? Condo Median Price Says “NO!”
Whenever I talk about the federal funds rate (or fed rate), it’s usually in response to the affect it has on mortgage interest rates. In most of the news outlets as well, this angle usually spurs the most interest from potential homebuyers as they try to time the market for their home purchase. However, there is a group of people that this change could affect more, and they might have nothing to do with the home buying demographic. [Read more…] about Fed Rate Hikes Affect Non-Homebuyers Too: Here’s How
Happy Fall Everyone! The leaves are beginning to turn brown…well, the leaves that are dead are brown, but the rest are still green #fallinhawaii. In fact, thanks to a couple HEAVY rain storms, the island is extra green and lush!! Speaking of green, green arrows mean median prices are up along with closed sales! Let’s take a look at the stats for October and see if there’s anything new to report… [Read more…] about No Fear in Homebuyers, Despite Halloween! 🎃
DR Horton stopped by the office today to update on the latest release coming for their Ho‘opili development out on the Ewa Plains. Titled ‘Akoko, it will be all multi-unit buildings with prices starting in the $300Ks on the affordable end. [Read more…] about ‘Akoko Coming to Ho‘opili
What!? Fall already!? School is back in session, the REAL summer heat has set in, and real estate prices continue to set year-over-year gains. A quick shout-out before we get into the numbers, as my thoughts are with all of the people affected by the unprecedented weather in the southeast United States. I have a lot of friends and family affected by all of it, and ask that everyone do their best to help out those in need this fall! Anyway, on to the stats… [Read more…] about The Real Estate Balloon Keeps Soaring Higher! 🎈
While the anticipation of a new home is exciting, moving everything to a new place is often a daunting experience. Below are several tips to help you streamline your move and take the pain out of the moving process. Forward this information on to friends and family to help them organize their moves as well.
Happy August Everyone! I can’t believe that we are here, in the eighth month of the year already! Summer flew by, with signals like kids going back to school, temperatures rising, and traffic is back on the freeways. The real estate market however, is not showing any signs of slowing down as condos performed extraordinarily over the month of July. [Read more…] about Condos Feeling Left Out, Join Record-High Club