May 2009 Hawaii Real Estate Stats: Sales Up Again, Inventory Down
Attached please find the May 2009 Honolulu Board Of Realtors Stats for May, 2009. There is a lot of good news here for Hawaii real estate. The good news will be clear to see for anyone - except the media who is still comparing everything to last year. If you look at [...]
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25. April 2009
1st Quarter 2009 Hawaii Real Estate Trends
First Quarter 2009 ended with fewer sales compared to the same period in 2008. Single-family home sales dropped 34.2% to 432 sales and condominium sales dropped 45.9% to 549 sales. For Oahu overall, the single-family median price dropped 8.3% to $567,500 and the condominium median price dropped 8.5% to $300,000. SINGLE FAMILY HOMES ON OAHU OAHU CONDOMINIUMS
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15. April 2009
Another Reason Hawaii is Unique: Federal and Military Spending
This article from the Advertiser, titled “Federal impact on Hawaii big, rising shows one of the reasons why Hawaii is a unique market and rarely follows mainland trends. One of the biggest reasons for this is Government, and specifically Military, spending. As you can see, government spending in Hawaii is immense. “The federal government spent $10,957 per [...]
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31. March 2009
NOT Hawaii: “US home price drops set records in January”
The Honolulu Advertiser ran a real estate story today from USA Today : US home price drops set records in January It has nothing to do with Hawaii real estate. As we have discussed before, the Standard & Poor’s/Case-Shiller Index contains no Hawaii data - none, zero, zip, nada, nyet, nothing, no kine at all. Therefore, [...]
Continue reading...16. June 2009
Hawaii Ranked 15th for Highest Number of Foreclosure Filings
Due to a steady rise in Hawaiian foreclosure filings as stated by a June 11th honoluluadvertiser.com posting, Hawaii ranked 15th among the 50 states for the highest number of foreclosure filings per household last month. These numbers come from a recent RealtyTrac report, ranking the states based upon foreclosure filings. There were 816 foreclosure filings within [...]
Continue reading...6. June 2009
Mortgage rates have risen above 5%, Probably Won’t Go That Low Again
According to a May 29th, 2009 article posted by CNNMoney.com, Both mortgage and interest rates have risen above 5% and will remain there for sometime. This past week mortgage rates peaked at 5.45%, which is the highest recorded rate for this year. The reason for the increase in rates has been linked to the great deal [...]
Continue reading...4. June 2009
$8000 First Time Home Buyer Tax Credit Explained in Video - Do You Qualify?
The National Association of Home Builders put out a great video explaining $8000 first time home buyer tax credit. Do you qualify? Click play on the video to watch:
Continue reading...3. June 2009
RealtyTrac Claims Foreclosures Have Risen 217%. Debatable.
According to an article from a Wednesday, May 13th posting to honoluluadvertiser.com, Isle Foreclosures rose 217% in April. Andrew Gomes states that while Hawaii’s foreclosure rates have risen, they are well below the national average of one filling per 374 households. While there has been an overall consensus from local economists and foreclosure attorneys that foreclosures [...]
Continue reading...27. May 2009
New! Hawaii Foreclosure and Short Sale Listings
Prudential Locations just add the ability to search foreclosures as well as short sale listings to it’s power search page. There is also now an islandwide list of Hawaii foreclosures available on the website (for Oahu), listing all the properties that are in the MLS. These foreclosure properties are REO’s and [...]
Continue reading...25. April 2009
Hawaii Real Estate Reporter on ALLTOP.COM
Our very own Hawaii Real Estate Reporter has been included on ALLTOP.COM, the online magazine rack style website. It can be found at http://hawaii.alltop.com/ and http://real-estate.alltop.com . Thanks to “Neenz” Faleafine for adding it there!
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- Military Relocation to Oahu - Map of Military Bases in Oahu, Hawaii
- Obama's $8000 Housing Credit For 1st Time Homebuyers
- Video Discussion of $8000 First Time Homebuyer Tax Credit
- November 2008 Hawaii Housing Statistics Recap- Condo Prices Up From November 2007!
- A Closer Look at January 2009 Hawaii Housing Stats from HBR
- 1st Quarter 2009 Hawaii Real Estate Trends
- Beware Hawaii Craigslist Real Estate Rental Scammers
- Hawaii Schools Ratings
- How Interest Rates Effect Buying Power
- Hawaii Real Estate Reporter on ALLTOP.COM
- Buyer beware of what waiting can cost (5)
- 12 Tips for Pricing Your House to Sell (5)
- State of Hawaii Real Estate Discussion Video Part 1 of 4: October 2008 (4)
- Foreclosures up: “Okay, on my word, everybody panic. Wait for it . . . wait for it . . . GO!” (3)
- Beware Hawaii Craigslist Real Estate Rental Scammers (3)
- Is the Glass Half Empty or Half Full? Newspapers Put Opposite Spins on Foreclosure Numbers (3)
- See How the Other Half lives: The Most Expensive Home For Sale on Oahu (3)
- Obama's $8000 Housing Credit For 1st Time Homebuyers (3)
- New Tourism From China Signals Future Investment in Hawaii Real Estate (2)
- Another Reason Hawaii is a Unique Market: #4 for Personal Income Growth (2)
- May 2009 Hawaii Real Estate Stats: Sales Up Again, Inventory Down
- 1st Quarter 2009 Hawaii Real Estate Trends
- Another Reason Hawaii is Unique: Federal and Military Spending
- NOT Hawaii: “US home price drops set records in January”
- A Closer Look at January 2009 Hawaii Housing Stats from HBR
- Obama’s $8000 Housing Credit For 1st Time Homebuyers
- Hawaii Foreclosures - Help Is On The Way For Some
- November 2008 Hawaii Housing Statistics Recap- Condo Prices Up From November 2007!
- 2008 Oahu Election Results - Where To Find Them Online
- State of Hawaii Real Estate Discussion Video Part 4 of 4: October 2008
Latest Videos
Scott Higashi discusses Obama’s $8000 First Time Homebuyer’s Tax Credit stimulus.
Click Video to PLay:
February 23, 2009: Scott Higashi discusses the Hawaii Real Estate market on KITV 4: Click Video to Play:
Click to watch a video of Dan Tabori of Prudential Locations showing the new installation of 448 Photovoltiac Solar Panels.
Discussion of Hawaii’s real estate market looking forward into 2009:
Scott Higashi discusses the Hawaii Real Estate market in January 2009 on KITV.
Bill Chee Discusses Hawaii real estate market conditions looking forward into 2009 with Howard Dicus.
- Video Discussion of $8000 First Time Homebuyer Tax Credit
- Feb 2009 Video Discussion of Hawaii Real Estate
- Prudential Locations Photovoltaic Solar Panel Installation
- Hawaii Real Estate Looking Forward into 2009
- Hawaii Real Estate Discussion January 2009
- Hawaii Real Estate: Looking Forward in 2009 with Bill Chee
2. June 2009
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