Market News Oahu market update Higher-end homes and condos continue to sell, inventory up in 2023 Even with mortgage interest rates being twice what they were a year ago, according to a CNN report, our local real estate market is off to a strong 2023. The 2022 annual stats from the Honolulu Board of Realtors reveal that while sales have […]
Selling Your Home Latest listing “Before + After” This one bedroom condo in the University area served as a rental property for my client’s family for years. It hadn’t been updated since the tenants first moved in. Before listing it on the market, the home was fully renovated to include new flooring, quartz kitchen and bathroom countertops, fixtures, cabinets, lighting, stainless steel appliances, […]
Inspiration Happy New Year of the Rabbit! Happy New Year of the Rabbit! I hope this new year is off to a great start for you and your family! What are your goals and aspirations this year? One of mine is to learn a new activity that will help me stay active. I recently started canoe paddling and, wow, it’s such a […]
Market News Oahu Market Update Higher-end homes and condos continue to sell, inventory up in 2023​​​​​​​ Even with mortgage interest rates being twice what they were a year ago, according to a CNN report, our local real estate market is off to a strong 2023. The 2022 annual stats from the Honolulu Board of Realtors reveal that while sales have […]
New Project KUILEI PLACE: Honolulu’s newest development accepting applications   Kuilei Place is the newest residential condominium coming to Honolulu featuring affordable (starting at $370,600) and market price (starting at $685,500) units. Located at 2599 Kapiolani Boulevard in Moiliili near the University area and Kapahulu, this is the first new development in the community in decades. Lottery applications are now being accepted from Hawaii […]
Market News Oahu Market Update Single-family home median sales price falls below $1 million   It’s the first time in nearly a year and a half that the median single family home price has dropped below the $1M mark on Oahu. Condo prices have also decreased. Sales volume have dropped 54% for single family homes and 50% for condos. This […]
Market News Oahu market update Oahu market update Sales slow in October as prices hang tough Normally, as the summer selling frenzy has calmed and we approach Thanksgiving, inventory goes up some, and sales slow. Closed sales ebb and flow with the market — peaking in the summer months when school’s out and then slowing in the fall and into […]
Market News Highest Property Sale in October Highest Property Sale in October 59-389 Ke Nui Road, Haleiwa, HI 96712 (off-market) • List Price: $$6,500,000 • Days on Market: 23 • 4 bedrooms, 3-1/2 baths • 8,140 sq. ft. land • Sold Price: $6,500,000 • Built: 1971 • 1,378 sq. ft. living –> $4,717/sq. ft.    
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Community Thankful for good neighbors Thankful for good neighbors With Thanksgiving around the corner, we wanted to bring some joy and food to the tummies of those struggling to feed their families. We were blessed with rain, wind, and wonderfully generous neighbors, family and friends as we walked the neighborhood to collect donations for the Hawaii Food Bank. Just in […]
Market News NAR Chief Economist’s outlook on the U.S. housing market     Greetings! I hope this finds you in good health and good spirits as we enter the season of gratitude and giving. Did the holiday sneak up on you like it did for me? It’s my favorite time of year and I do have much to be thankful for. Thank you for your continued […]
Market News September 2022 Market Update There’s no question that rising interest rates are weighing down home sales. Year-to-date, the shift in affordability has had a greater impact on the single-family home market, with sales down 34.4% from a year ago. Condo market sales are down 19.3%.​​​​​​​ With new listing inventory still low, the median sales price has remained relatively flat over […]
Community July 2023 Market Update Test In July 2023, the real estate landscape on Oahu experienced some noteworthy shifts. Let’s dive into the key highlights to keep you updated about the current trends of this dynamic market. Despite rising interest rates and economic challenges, Oahu’s housing market’s value remains strong. Buyers are resolute in their desire to own property on Oahu […]
New Project What’s new in Kakaako? If you haven’t been to Kakaako lately, this area between Waikiki and downtown Honolulu is rapidly evolving. Once known for its rich agricultural lands and fish and salt ponds, this area became a mostly industrial hub for local businesses in the mid 1900’s. Today, Kakaako has become a dynamic, urban community where people can live, […]
Community Getting our paint on! I had the pleasure of spending the day with some of my colleagues alongside Honolulu Habitat for Humanity in beautiful Waimanalo recently. We volunteered to help with the finishing touches on a new home on Hawaiian Home Lands for a local family. Our Coldwell Banker Cares Foundation also donated $1,000 towards this worthwhile cause. The […]
Homeowner Tips ADUs seemed liked a simple solution to Hawaii’s housing crisis An Accessory Dwelling Unit (ADU) is a second dwelling on a single-family lot that includes its own kitchen, bathroom and sleeping area. It may be attached or detached from the primary dwelling, but is intended to be “accessory” to the primary dwelling and is typically much smaller in size. The ADU Ordinance was signed into […]
Market News Will home prices drop as interest rates rise? We’ve all seen at least an article or two from national experts forecasting what to expect in home prices in this changing economy. Locally, there is no question that the real estate market is softening due to rising interest rates, high inflation, ongoing supply chain disruptions, and labor shortages. These conditions have weakened housing demand […]
Home Buyer Tips Insider tips to buying a home in today’s market It is always hard to predict the future, especially with the housing market. But one thing is for sure – real estate remains a sound investment. If you’re looking for your dream home, here are some tips to help set you up for success and guide you through this buying season. Assess Your Financial Health […]
Market News Market Update: July 2022 Oahu’s real estate market shows strength despite decline in sales volume Oahu’s finite amount of available island land on which to build, and historically limited inventory of homes for sale has long been the fundamentals for the island’s relentless housing demand, sustained rise in prices, and a prolonged seller’s market. But, in July, there was a […]
Market News Does the Housing Market Still Favors Sellers?   Ever since interest rates decreased at the beginning of the pandemic, it has been a sellers market in real estate. With low interest rates, buyers took the opportunity to buy homes and secure mortgages at these low rates. Competition for homes has increased significantly along with prices, sales continue to be brisk, and inventory […]
Market News Where will Real Estate’s Wild Ride Go? One could say that the housing market in 2021 was like a rollercoaster that kept on climbing. On average, home prices rose 10.6% across major cities nationwide in the 3rd quarter of 2021. This marked the fastest rate growth in nearly 17 years. Days on market, mortgage rates, median sales prices and inventory all broke records in 2021. Why did median home […]