Hawaii Economist Predicts $1 Million Median Home Prices in Decade to Come
The Honolulu Star Bulletin recently reported that prominent local economist Paul Brewbaker has predicted a $1 million median home price for Oahu by the year 2020. This forecast comes amidst a second successive month of a rise in median home prices throughout the island. I think things are off and running again,” Brewbaker said yesterday after studying the most recent [...]
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4. March 2010
Changing of the Tide: Median Home Price Rises for Second Consecutive Month
The Honolulu Advertiser reports that the median sale price in February for homes on Oahu showed a significant increase with respect to the prior year’s market. This represents the second consecutive month in the short year in which the price has risen considerably. The median price for previously owned single-family homes was up 3.6 percent to $570,000 in February [...]
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2. March 2010
Reasons for Optimism: Oahu Housing Market Continues to Rebound as Home Prices Stabilize
Thursday’s Federal report on the condition of Oahu homes, highlighted by an article in the Honolulu Advertiser, shows signs of distinct improvement relative to the third quarter of 2009 . Though the market generally continued its decline in the fourth quarter of 2009 relative to 2008, there were indicators that the value of homes around the island [...]
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26. February 2010
January 2010 Hawaii Real Estate Snapshot
Prudential Locations recently came out with its monthly real estate report for January. A quick summary of their findings: The new year is off to a strong start in real estate sales. The current rolling three-month period saw a significant increase in the number of sales for both single-family homes (up 48.1%) and condominiums (up 68.2%) [...]
Continue reading...3. March 2010
Vote for Prudential Locations in Honolulu Advertiser’s “Best of the Best 2010″ Contest
Vote for Prudential Locations in Honolulu Advertiser’s “Best of the Best 2010″ Contest Click on the link below to register and place your vote. You’re allowed one vote a day so be sure to go every day. Voting ends this Saturday, 3/6. http://the.honoluluadvertiser.com/apps/bestofbest_dev2010.php Pass this on to you friends, family and clients. We want to be voted #1 this year!
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 [...]
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- 1st Quarter 2009 Hawaii Real Estate Trends
- New! Hawaii Foreclosure and Short Sale Listings
- May 2009 Hawaii Real Estate Stats: Sales Up Again, Inventory Down
- $8000 First Time Home Buyer Tax Credit Explained in Video - Do You Qualify?
- RealtyTrac Claims Foreclosures Have Risen 217%. Debatable.
- Mortgage rates have risen above 5%, Probably Won't Go That Low Again
- Hawaii Real Estate Reporter on ALLTOP.COM
- Hawaii Ranked 15th for Highest Number of Foreclosure Filings
- July 2009 Video Discussion: Has Real Estate Hit The bottom Yet?
- August 2009 Hawaii Housing Stats - Looking Good!
- 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)
- Hawaii Economist Predicts $1 Million Median Home Prices in Decade to Come
- Changing of the Tide: Median Home Price Rises for Second Consecutive Month
- Reasons for Optimism: Oahu Housing Market Continues to Rebound as Home Prices Stabilize
- January 2010 Hawaii Real Estate Snapshot
- Oahu Home Sales and Prices – Year End Update for 2009
- August 2009 Hawaii Housing Stats – Looking Good!
- 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”
Latest Videos
Bill Chee and Howard Dicus discuss current Hawaii real estate market conditions for July 2009. Have we hit the bottom? Click on the video to listen to the discussion:
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:
- VP of Prudential Locations Sales Scott Higashi Discusses Positive News for Hawaii Real Estate as Home Prices Fall. Recorded on KITV January 5, 2010.
- VP of Prudential Locations Sales Scott Higashi Discusses the Effects of the Federal Real Estate Tax Credit. Recorded on KITV November 6, 2009.
- VP of Prudential Locations Sales Scott Higashi Discusses the November 2009 Housing Market. Recorded on KITV December 3, 2009.
- July 2009 Video Discussion: Has Real Estate Hit The bottom Yet?
- Video Discussion of $8000 First Time Homebuyer Tax Credit
- Feb 2009 Video Discussion of Hawaii Real Estate
5. March 2010
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