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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 [...]
Continue reading...Reasons for Optimism: Oahu Housing Market Continues to Rebound as Home Prices Stabilize
2. March 2010
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 [...]
Continue reading...January 2010 Hawaii Real Estate Snapshot
26. February 2010
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...Oahu Home Sales and Prices – Year End Update for 2009
21. January 2010
While the number of home sales steadily increased through 2009, the year still ended with single-family home sales down slightly, 1.7% compared to 2008. Condominium sales were down further, 9.5%. Median price for both single-family and condominiums bottomed out during the first half of 2009 but closed the year at $580,000 for single-family homes and $320,000 [...]
Continue reading...August 2009 Hawaii Housing Stats – Looking Good!
3. September 2009
The Honolulu Board of Realtors released its statistics wrap-up regarding Hawaii Housing in August 2009. These stats continue to show upward price pressure. Click here to Download August 2009 HBR Stats Number of Sales. Sales for SFH dropped for the first time this year from 265 in July to 247 in August. However, Condo [...]
Continue reading...May 2009 Hawaii Real Estate Stats: Sales Up Again, Inventory Down
2. June 2009
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 [...]
Continue reading...1st Quarter 2009 Hawaii Real Estate Trends
25. April 2009
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
Continue reading...Another Reason Hawaii is Unique: Federal and Military Spending
15. April 2009
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 [...]
Continue reading...NOT Hawaii: “US home price drops set records in January”
31. March 2009
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...A Closer Look at January 2009 Hawaii Housing Stats from HBR
3. March 2009
Well, the February Stats are out from the Honolulu Board of Realtors, and they are really a mixed bag – some good, some not so good and some that just makes no sense at all. We may have found our bottoms, though it is still too early to tell. Kahala had a great month with [...]
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- 1st Quarter 2009 Hawaii Real Estate Trends
- New! Hawaii Foreclosure and Short Sale Listings
- $8000 First Time Home Buyer Tax Credit Explained in Video - Do You Qualify?
- May 2009 Hawaii Real Estate Stats: Sales Up Again, Inventory Down
- 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)
- April Proves to be a Mixed Bag, as Prices Decline and Sales Increase
- Oahu Real Estate at a Fork in the Road
- Home Prices Poised for Upsurge
- 2010 Hawaii Real Estate Outlook – Scott Higashi Interview on KITV
- Bernanke’s Low Interest Rates to Continue
- Hawaii Rents Showing No Signs of Decline
- Maui Fever: The Valley Isle Ranked First for Second Home Locations
- Signs of Recovery Abound: Foreclosures Down for Second Straight Month
- Hawaii Among Leaders in Real Estate Resurgence
- Hawaii Economist Predicts $1 Million Median Home Prices in Decade to Come
Latest Videos
Scott Higashi discusses what happened in April 2010 for the Hawaii Real Estate market, and why it happened.
Note: If you received this by email, you must click through to the link in order to view the video.
Scott Higashi, VP of sales for Prudential Locations, gives insight into what the Hawaii Real Estate market will be doing looking forward in 2010.
Click on the Video to Play:
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:
- April 2010 Hawaii Real Estate Market Video
- 2010 Hawaii Real Estate Outlook – Scott Higashi Interview on KITV
- 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?
4. March 2010
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