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Honolulu, HI Real Estate News

By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 This year’s festival will take place on April 27th from 10 am to 2 pm. This will be the 9th annual festival and will officially start after an opening ceremony by students of Ka Papa Lo‘i ‘o Kānewai. The day will follow with exciting guest speakers, ukulele performance, bird tours, spotting scopes, painting with Patrick Ching and much more.  Also making its first debut is a life size Manu o Kū, Ranger Rick, and Hina, the Monk Seal.  Grab a passport and participate in the exciting learning activitiesprovided by participating groups and agencies, all focused on native species, with the Manu o Kū as their ambassador for the day.The Manu O Kū Festival is an annual event usually held in May to coincide with theUS Migratory Bird Treaty Act.  The Festival takes place on the stately Coronation...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Makiki & Moili'ili Honolulu, March 2024   Single Family Homes March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 9 / 14  -36%   20 / 23  -13%    Median Sales Price $1.35M / $1.5M  -10% $1.5444M / $1.5M  3% Percent of Original List Price Received 93.5% / 98.0%  -5% 97.2% / 95.7%  2% Median Days on Market Until Sale 43 / 14   207% 23 / 15   53% New Listings 19 / 11  73% 38 / 36  6% Pending Sales 7 / 10  -30% 24 / 31  -23% Active Inventory 43 / 24  79% ---    Condos March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 36 / 41  95% 102 / 86  19%  Median Sales Price $385,000 / $430,000  -10%   $405,000 / $404,500  0%  Percent of Original List Price Received 98.1% / 97.9%  0% 97.4% / 97.8%  0% Median Days on Market Until Sale 26 /...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Ala Moana & Kaka'ako Honolulu, March 2024   Single Family Homes March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 1 / 0  0%  2 / 0  0%  Median Sales Price $1.1M/ $0   0%  $1M / $0   0% Percent of Original List Price Received 96.5% / 0.0%  0% 94.7% / 0.0%  0% Median Days on Market Until Sale 38 / 0  0% 38 / 0  0% New Listings 1 / 0  0% 2 / 1  100% Pending Sales 0 / 1  -100% 2 / 1  100% Active Inventory 4 / 0   0% ---    Condos March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 38 / 55  -31%  96 / 124  -23%  Median Sales Price $747,000 / $830,000  -10% $624,250 / $645,000  -3% Percent of Original List Price Received 95.5% / 95.9%  0% 96.2% / 96.6%  0%    Median Days on Market Until Sale 92 / 39  136% 45 / 41  10% New Listin...
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By Douglas Fischer
(East Oahu Realty - Selling Honolulu, Hawaii Condos)
Kakaako Development on Hold According to the "Pacific Business Journal", nearly three years after former tenant CompUSA closed up shop at 604 Ala Moana Blvd., the Land Lessor finally found a new tenant, AutoMart USA. So, that means any redevelopment of the site will be dealyed at lest two years, and not before the middle of 2013 at the earliest.Read more: New lease puts Kakaako development on hold | Pacific Business News To read more about condos for sale in the Kakaako neighborhood, or for condos for sale in other Honolulu neighborhoods, please feel free to visit our website at www.HNLCondos.com
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Now for the 1st time in many years, you may be able to buy a condo for less than rent in Waikiki, Hawaii. Interest rates go as low as 3% APR on 5/1 interest only loans fixed for 5 years. For example, you buy a $300,000 condo and your payment may be as low as $750 a month. Even with HOA dues and property taxes your payment may be as low as $1200 a month and $800 after taxes. This is the time buy as not only are prices lower than they have been for many years, there are many good condos available and interest rates have not been this low for 40 years. Call or text me now to get started now. I will make the process fun and stand by you throughout the process and after you move into your home as well. I have helped many people just like you achieve the home of their dreams. Andy Kress - You...
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By P C
(Rental Solutions Oahu)
Mele Kalikimaka - Merry Christmas Aloha - Hello Mahalo - Thank you Hua loa a - Reply Keiki - Baby Honi - Kiss Male ana - Wedding Kapu - Scared Kane - man Pomaikai - Good luck Mai poina - Don't forget Mau loa - Forever
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Now is the time to invest in real estate in Honolulu, Hawaii. Interest rates are as low as 3% for 5 years fixed interest only loans. This means that on a $300,000 condo, your payment could be as low as $750 a month. Now is the time to  buy a home for less than rent in Honolulu, Hawaii. With your tax deductions your payment is probably less than $500 a month. Add on HOA, taxes, and insurance and you are still close to $1200 a month less and still less than the cost of rent. Don't miss this opportunity to own your piece of paradise! Now is the time to buy a condo in Honolulu, Hawai Be sure to call or text me. I know where the best deals are! Andy Kress - Your Hangten Realtor Waikiki Real Estate Inc. www.realestateinparadise.net ph:808-253-8858
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By Douglas Fischer
(East Oahu Realty - Selling Honolulu, Hawaii Condos)
Lanikea At Waikiki, Honolulu Luxury Condos:  Recent Sales Here are the latest statistics for sales in the last six months for the Lanikea At Waikiki. Number of Units Sold:  5 Price Range:  $710,000 to $1,000,000 Average List Price:  $877,400 Average Selling Price:  $826,600 Percent of Asking Price:  95% Average Cost per Square Foot:  $808.81 Average Days on the Market Before Sold:  73 View Details of Lanikea At Waikiki at www.HNLCondos.com.
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By P C
(Rental Solutions Oahu)
Right now is the time to take advantage of very low airfares to Honolulu, Hawaii! Catch your own piece of paradise with a trip to Honolulu now. The airfares are as low as $400 roundtrip from Los Angeles, San Diego, Seattle, and Portland. Even New York to Honolulu is under $700 round trip. Check out Hawaiian air from your closest gateway city and enjoy an aloha vacation from the moment you board the plane. Imagine yourself on white sand beaches with crystal clear water and abundant sunshine with temperatures in the low 80's. You can swim, golf, hike, read a book, shop, and enjoy fresh amazingly delicious food too. Remember I am here for home tours and surfing lessons too! Andy Kress - Your hangten realtor www.realestateinparadise.net phone or text:808-253-8858
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1. Waikiki Beach 2. Duke's 3. Chamber of Commerce events 4. Open Houses 5. Sunset Beach 6. Wahoo's tacos 7. Walking tours 8. Buyer's seminars 9. Networking clubs 10. Concerts 11. Library 12. Honolulu Zoo 13. Blaisdell Center 14. BBQ Kapionlani Park 15. Waikiki Shell The point is just about everywhere you go in Waikiki, is a good place to find buyers, sellers, investors. People love this paradise and the prices are the lowest they have been for 10 years and there are low interest rates too.
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1. People are happy 2. Prices are low for buyers, but still good for realtors and sellers too 3. You can walk to show homes 4. It is easy to learn the area 5. There are all kinds of buyers- full timers, vacation owners, investors 6. I have freedom to surf when the waves are good 7. There are all price points of homes in our market 8. There are alot of people and not so many realtors 9. Many renters qualify to buy due to the low interest rates 10. My skills, knowledge, consistency, and accountibility work to bring me lots of buyers, sellers, investors Andy Kress - your Hangten Realtor Waikiki Real Estate Inc. ph:808-253-8858
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By Douglas Fischer
(East Oahu Realty - Selling Honolulu, Hawaii Condos)
Recent Statistics for Waikiki Condo Sales Activity Current Inventory:  567 (down 16.9% from same month, last year) New Listings:  113 (down 20.4% from same month, last year) Median Sales Price:  $327,000 (up 16.8% from same month, last year) Days on Market until Sold:  42 (down 19.2% from same month, last year) What does this all mean?  With low inventory, not as many new listings, properties taking less time to sell and the median sales price increasing, it lloks like now is a great time to sell if you own a condo in Waikiki!
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By P C
(Rental Solutions Oahu)
Have you continually thought about living in paradise - Waikiki, Hawaii? I lived in Iowa the first 9 years of my life. My family then moved to Saratoga, California - Silicon Valley and I lived there for 8 years. I then spent a year in Lake Tahoe area. I then moved to Orange County - Newport Beach for 2 years. I next moved to La Quinta, California for 8 years. Finally, 2 years ago, I found my real home - Waikiki, Hawaii. All the places I have lived are nice places and I do miss my friends in the Bay Area, but Waikiki, Hawaii is the place for me. I love the warm perfect temperatures year round - no heat and no air conditioning needed. The beaches, surfing, golf, restaurants, shopping and events are amazing. I am 30 years old and there are alot of young people here too. Wherever I travel, ...
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After visiting hundreds of places in the United States, Gary Wagner of the Orange County  Register recently named the top 10 favorite places. On the list is the North Shore of Oahu, Hawaii. Come in the winter and watch mountains of water that have rolled across the Pacific Ocean to crash into spots like Banzai Pipeline and Sunset Beach. Despite being renown and famous worldwide, the North Shore of Oahu, Hawaii, remains one of the least developed spots in the Hawaiian Islands.The morning line up of surfers at Waimea Bay if full of surfers hoping for the 50 foot waves. I feel this will be a good winter for waves. I was there yesterday surfing and the waves are already waist high. Andy Kress - Your hangten realtor Waikiki Real Estate Inc.
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Be sure to be here at Waikiki Real Estate Inc. at 438 Hobron on Sunday October 31, 2010 at 2 PM for a walking tour of area condos. We will view up to 8 homes in all price ranges so you can get a good over vview of the Waikiki real estate market. Whether you are looking to buy, sell, invest, or lease, be here on Sunday for your personal tour. We have FREE information on recent sales and the best 'deals' of condos and homes on Oahu and Waikiki in all price ranges.With prices as low as 10 years ago and low interest rates too, now is a great time to buy a home or condo in Waikiki. I also do rentals so you can get income when you are not in Waikiki. Call 808-253-8858 to reserve a spot on this tour now. You will love the homes and condos and information provided. Andy Kress - Your Hangten Rea...
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RealtorMag reported this week on a study done by American Lives, a research firm in California, on the 5 Main Traits of Today's Home Buyers.  Based on the findings, I can't think of a better place for buyers to look for a home than Hawaii Kai. Here are the findings:1.  They are Young.  Most are under 45 with household incomes of $75,000 or less.  2/3 are married.2.  They are Frugal.  They want to live a simple lifestyle.3.  They worry about their Financial Future.  About 70% said the economy is "not very good", and 55% were concerned they might lose their jobs.4.  They are energy-efficient but don't see themselves as "Green."  About 32% said they would pay more for energy-efficient features.  Only 16% would pay extra for recycled or renewable construction materials.5.  They view Neighbo...
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By Douglas Fischer
(East Oahu Realty - Selling Honolulu, Hawaii Condos)
Waikiki Landmark, Honolulu Luxury Condos - Sales Activity Here are the latest statistics for sales in the last six months at the Waikiki Landmark. Number of Units Sold:  4 (all Fee Simple) Price Range:  $670,000 to $1,925,000 Average List Price:  $1,086,250 Average Selling Price:  $1,043,750 Percent of Asking Price:  96% Average Cost per Square Foot:  $493.73 Average Days on the Market Before Sold:  41 View Details of Waikiki Landmark at www.HNLCondos.com.
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By P C
(Rental Solutions Oahu)
Have you celebrated Halloween in Honolulu, Hawaii? Honolulu, Hawaii, is the place to be on Halloween. This year 2010 is a triple party. Tonight Friday October 30,2010, is a big party at the Aloha Tower. Costumes, music, food, and drinks all make for a fun and memorable time. Saturday October 30, 2010, is the big street party in downtown Honolulu/Chinatown. Starting at dusk, the streets will be full of crowds with unbelieveable costumes and having a good time too.Downtown Honolulu/Chinatown is the place to be tomorrow night. Sunday night is the best of all- a street party in Waikiki, Hawaii. The streets will be full of amazing costumes and people galore having a great time. Just walking around looking at the costumes is fun. Each year this party grows and grows. The restaurants also have...
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Waikiki Real Estate Inc. is holding an Investor Seminar toady - Thursday October 28,2010, at our office at 438 Hobron in Waikiki, Hawaii. Now is a great time to invest in real estate in Waikiki, Hawaii. Prices are lower than they have been for nearly 10 years. They are many great condos available and many are in the $200-$300,000 price range. There are several great programs for lending available with interest rates lower than they have been for nearly 40 years Mark your calendar and come by this evening to see how you can make money in Waikiki real estate. Refreshments will be served and prizes awarded. Have a fun time and change your life for the positive! Andy Kress - Your Hangten Realtor
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By P C
(Rental Solutions Oahu)
Waikiki, Hawaii, is a very special place. There is no place in the world like Waikiki. Waikiki is known for the famous beaches - white sane, exquisite warm water, and gentle waves. There is amazing shopping and some of the best restaurants anywhere- inall over 1,000 stores and restaurants and over 10,000 hotel rooms. Although the Waikiki neighborhood is dense, there is plenty of green open space at Fort DeRussy Park, Kapiolani Park, and Alai Wai Golf Course. With near perfect temperatures - 75-85 degrees - all year round, this is truly paradise to live and work and vacation too. For fun, relaxation, opportunity, and ala in all a good life- join us in Waikiki, Hawaii.
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By Douglas Fischer
(East Oahu Realty - Selling Honolulu, Hawaii Condos)
Sales History for Hawaiki Towers - Luxury Honolulu Condo in Kakaako Here are the latest statistics for sales in the last six months at Hawaiki Tower Condos in Ala Moana-Kakaako Number of Units Sold:  10 Price Range:  $545,000 to $1,360,000 Average List Price:  $867,150 Average Selling Price:  $846,400 Percent of Asking Price:  98% Average Cost per Square Foot:  $715.47 Average Days on the Market Before Sold:  53 View Details of Hawaikiki Tower Condos at www.HNLCondos.com. Mahalo For Reading.
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By P C
(Rental Solutions Oahu)
The Honolulu Board of Realtors will hold their annual election on Wednesday Novemebr 10, 2010 at 11 A.M. at the Honolulu Board of Realtors Alakai Room. Voting is online now until Nov. 10 at www.hicentral.com Realtors may also requet a paper ballot at 1136 - 12th Avenue - Suite 200, Honolulu, H! 96816 or fax 808-732-3055. Your written request muct be received by the board by November 3. Realtors and realtor associate members in good standing as of October 11, 2010, are eligible to vote. There are 3 Director- at large positions open for a 3 year term. Candidates area: Bruce Coppa, John Harris, Barbie Hee, Grant 'Kapono"kanoho, Jacl Legal, Allison Lum, Sandy Mann, Earl Mente, Denise Miyahira, Trudy Nishihara, Ron Okubo, Elaine Peterson, Edmund Wong, Wendell M.Y. Wong, Bill Woods Central Re...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Did you know that you can buy a 2 bedroom condo in Honolulu for only $212,000?Hale O Kanoa #303 (MLS# 1008879) is now only $212,000Last month, I wrote about a 2 bedroom condo in Honolulu for only $250,000. Today, the price was reduced by an unbelievable 15%! There's another unit on the market, one floor above, priced at $259,000...As I've mentioned before, this amount of money could barely get you a studio in Waikiki, at best in the peak of the market.Now you can own a 2 bedroom in town within minutes of Chinatown and Downtown for just over $200,000! Contact Rich Graybill to arrange a showing or more information.
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