Wonderful island style beachfront home in the ever popular community of Lanikai on the windward side of Oahu. Just a 30-minute drive from downtown Honolulu is this tranquil retreat set on a wide powder sand beach. The home is very open with vaulted ceilings and tropical landscaped grounds with a large blue tiled pool. There […]
Campbell Surveys has published a research report into their finding for the existing home sales numbers for the month of August. From their surveys they see a strong improvement in existing home sales figures from August to September. They see average home sales price rise 6% from August to September. They have concluded that the […]
Analysts at Credit Suisse are calling for an improvement in existing home sales numbers for September. They are calling for a 5% increase in home sales, but that is less than the analysts consensus of a 5.9% increase. Their main reason for coming in below the other analysts has to do with many sales encountering […]
The Honolulu Board of REALTORS® released housing resale figures and statistics today for the month of September. According to the analysis conducted by the Board, using data collected from its computerized Multiple Listing Service (MLS) system, the statistics are: September 2009 Residential Resales Statistics for OahuSingle Family Home Resales Number of Sales This Month Compared […]
Pending home sales have increased for seven straight months, the longest in the series of the index which began in 2001, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contracts signed in August, rose 6.4 percent to 103.8 from a reading of 97.6 in July, and […]
Existing-home sales in August gave back some of their strong gain in July but remain above year-ago levels, according to the National Association of Realtors®. Existing-home sales – including single-family, townhomes, condominiums and co-ops – declined 2.7 percent to a seasonally adjusted annual rate1 of 5.10 million units in August from a pace of 5.24 […]
As an update to the sales at the Hokua Condominium. The sales are really ramping up in the building. There have been fours sales since the beginning of August ranging in price from $1.4 million to $2.4 million. Three of these had been sitting on the market in excess of 5 months and now they […]
Honolulu was ranked in the top 20 performing economies according to the Metro Monitor. The Brookings Institution‘s Metro Monitor ranked the top 100 metropolitan areas in the U.S. in terms of economic performance. The four areas that the survey examines are: the percent change in employment from its peak to first-quarter 2009; the percentage change […]
The Honolulu Board of REALTORS® released resale figures today for the month of August. According to the analysis conducted by the Board, using data collected from its computerized Multiple Listing Service (MLS) system, the statistics are: August 2009 Residential Resales Statistics for OahuSingle Family Home Resales Number of Sales This Month Compared To Median* Sales […]
Contract activity for pending home sales has risen for six straight months, a pattern not seen in the history of the index since it began in 2001, according to the National Association of Realtors®. The Pending Home Sales Index,1 a forward-looking indicator based on contracts signed in July, increased 3.2 percent to 97.6 from a […]
Existing home sales in the second quarter showed healthy gains from the first quarter in the vast majority of states, and price declines have increased affordability in most metro areas, according to the latest survey by the National Association of Realtors. Total state existing home sales, including single family and condo, rose 3.8 percent to […]
Existing-home sales rose for the third consecutive month with inventory easing and home prices declining less sharply in June, according to the National Association of Realtors®. Existing-home sales – including single-family, townhomes, condominiums and co-ops – increased 3.6 percent to a seasonally adjusted annual rate1 of 4.89 million units in June from a downwardly revised […]
A new electricity disclosure law in Hawaii goes into effect on July 1, 2009. House Bill 1464 in an effort to bring new focus to energy efficiency and renewable energy sources requires that the owner-occupant seller make a good faith declaration of the electricity costs based on the previous three months of electricity bills. There […]
The hotel to be operated at the Trump Tower Waikiki called the Trump International Hotel Waikiki Beach Walk has begun taking reservations for November of this year. The rates at the 464 unit hotel start at $255 per night for a studio hotel room and go all the way up to $8000 per night for […]
The Bill & Melinda Gates Foundation is awarding a total of $6.5 million to maintain and increase internet access at libraries in 11 states including Hawaii. The money will be used to purchase or upgrade computer hardware according to the Seattle-based foundation at libraries under the Hawaii State Library system. The funding will be used […]
The Honolulu Board of REALTORS released resale figures today for the month of July. According to the analysis conducted by the Board, using data collected from its computerized Multiple Listing Service (MLS) system, the real estate statistics are: July 2009 Residential Resales Statistics for the island OahuSingle Family Home Resales Number of Sales This Month […]
Existing-home sales rose for the third consecutive month with inventory easing and home prices declining less sharply in June, according to the National Association of Realtors®. Existing-home sales – including single-family, townhomes, condominiums and co-ops – increased 3.6 percent to a seasonally adjusted annual rate1 of 4.89 million units in June from a downwardly revised […]
The Hokua Condominium has been very popular since it was built in 2006. This is one of the first new high rise condominium projects that became available during this new building phase in the economic cycle. The amenities that were offered were like nothing readily seen in condominiums in Hawaii, which includes a dog park […]
For the second year in a row, Hawaii leads the nation as the state with the most millionaires per capita. According to Phoenix Marketing International of New York. Company has also reported that the number of millionaires has declined by 14 percent over the past two years. Still Hawaii has 6.4% of its households, or […]
The number of Hawaii foreclosures fell last month. There were a total of 706 properties that had foreclosure filings against them, which was down from 816 in May according to California based RealtyTrac. The number of foreclosures is still elevated from the previous year and still puts Hawaii in the top 20 states with the […]