Owner: Honolulu Real Estate Views URL:http://honolulurealestateviews.com/ Join Date: Mon, 14 Apr 2008 16:25:51 -0500 Rating:0 Site Description: Views regarding the Honolulu real estate market & values. Focusing on Nuuanu, Pauoa Valley, Pacific Heights, Alewa, Puunui, Liliha, Manoa, Moiliili, Dowsett, Kapahulu, Kaimuki, Kahala, Waialae, Hawaii Loa, Niu, Aina Haina, Hawaii Kai & Kuliouou. Site statistics:Click here
Why Seller Shouldn’t Make Repairs & Why A Buyer Doesn’t Want Them To! 2008-04-14 15:03:19 No home is perfect, so it seems after a buyer completes their inspection (Purchase Contract paragraph C-51) there is almost always an attempt by the buyer to negotiate some sort of concession (price reduction, dollar credit, seller repairs). In a previous blog, I talked about the benefit of handling issues through a price reduction [...] Read more:Buyer
, Repairs
, Seller
Home Inspections & Negotiating in Honolulu Real Estate 2008-04-12 11:33:14 Once a price and Purchase Contract (PC) are agreed to by the Seller and Buyer in the sale of Honolulu
real estate, the next major hurdle to get over is the inspection of the property. This can be performed by a professional inspector (I highly recommend the use of a professional inspector) or the [...] Read more:Estate
Honolulu Real Estate & Hospitals 2008-04-10 18:59:39 Almost all of the major medical care available in Hawaii is located in the core of Honolulu
. Not only is there a great deal available in Honolulu’s center, but I am told that we have very good health care (thankfully, I haven’t had to personally discover how good it is).
Kapiolani Medical Center
Queens Medical Center
Straub [...] Read more:Estate
, Hospitals
Maui Condos Are Hot 2008-04-10 15:47:21 Check out this article in the Honolulu Star Bulletin regarding the rise in Maui condo prices. Prices rose to $538,500, compared to $469,500 for the same period last year. Even though there is no direct relation between the Maui market and Honolulu real estate, I believe it is good for Honolulu values to [...]
Chinese Money Strengthens Against The Dollar 2008-04-10 14:54:18 Yesterdays Wall Street Journal noted that the Chinese
Yuan strengthened against the American dollar. A weakening dollar can mean increasing costs for consumers (this is not good). However, as it relates to demand for Honolulu real estate, this may translate to more buying power the growing Chinese middle class and, over the mid-term, [...] Read more:Dollar
, Money
Closing & Signing, What Do They Mean in Honolulu Real Estate? 2008-04-09 16:22:35 In some states closing a real estate transaction is very different from closing a sale in Honolulu
. I am told that in other areas closing is when the buyer and their attorney and seller and their attorney meet to finalize the sale. At the end of this meeting, the buyer walks away with a deed [...] Read more:Estate
Termites in Honolulu Real Estate? 2008-04-09 01:38:41 If a termite could eat wood, how much wood could a termite eat? Well, it depends whether or not the termite is of the ground variety or from the tribe of the dry wood termites. The latter can still eat you out of house and home, but it will take a lot [...] Read more:Estate
, Honolulu
Regency at Kahala Condominium 2008-04-08 01:12:19
The Regency at Kahala was built in 1969 and is the only high-rise condominium on the ocean side of the freeway in Kahala. There are many desirable things about this building and here are a few that set it apart from most.
1. All of the units are some of the biggest [...]
Book’em Danno! 2008-04-07 23:00:37 Hawaii Five-O did a great deal for familiarizing the world with Hawaii. We owe a debt to Jack Lord, who played Steve McGarret, who knows maybe he’s the reason Honolulu real estate values took off! Here’s a recent article on the sale of his leasehold apartment on the beach in Kahala.
Surveys and the case of Encroachments 2008-04-07 19:46:09 One of the issues that can be shown on a perimeter survey is called a encroachment. In layman’s terms, an encroachment is when a wall, gate, pool or some other improvement crosses the property line. This can be an improvement from a neighboring property coming onto your property or from your property going onto a [...]
Surf at Diamond Head 2008-04-15 15:32:05 If you like surfing, here is what you’re missing at Diamond Head.
Oahu Rent Highest in the Nation 2008-04-15 14:44:59 Todays article in the Honolulu Star Bulletin quotes an affordable housing advocacy group’s recent report that says Hawaii is the most expensive state for renters. It goes on to say that Oahu has the highest rent in the state (an average of $1,630 per month for a 2 bedroom).
“In Hawaii, where a little less [...]
Learn From Bruce Springsteen’s Drummer! 2008-04-17 10:49:59 Max Weinberg is BruceSpringsteen
’s drummer. Based on this Wall Street Journal article, he is not only good at beating a drum, his research allowed him to one up City Hall. Even though Max’s story is from Middletown N.J., there is a big lesson to be sure to do your homework before you invest [...] Read more:Bruce Springsteen
Reasons To Sell Your Honolulu Real Estate-1031 Exchange 2008-04-16 11:00:33 Before you consider an IRC Section 1031 Tax Deferred Exchange
you will want to seek counsel from your financial advisor, CPA, accountant, attorney and qualified experts in 1031 Exchanges.
After all of my chatter about the value of owning Honolulu
real estate, I’ll bet you’re wondering, “Why should anyone ever sell something they own in Honolulu?” [...] Read more:Estate
, Reasons
Stryker Brigade Made Permanent! 2008-04-16 10:38:14 The military plays a huge role in Honolulu’s economy and, therefore, demand in real estate. The recent announcement that the Brigade
’s home base of Schofield Barracks has been made permanent is good news! See the articles in the Honolulu Star Bulletin and the Honolulu Advertiser.
Ward Area Making Bid to become Center of Honolulu 2008-04-16 10:26:44 Review article on General Growths plan.
“As part of the overall 20-year master plan, most, if not all, of the existing buildings in the Ward neighborhood would be replaced to make way for the new vision.
A grand, central plaza two and a half football fields long will connect Queen Street to Kewalo Basin in the first [...] Read more:Center
, Honolulu
High Speed Internet Penetrates Honolulu! 2008-04-17 19:12:59 Who would have guessed? Read the entire Honolulu
Advertiser Article.
“Honolulu is tied with the Seattle/Tacoma metropolitan area for having the sixth-highest percentage of households in the nation with high-speed Internet
connections, the report by Scarborough Research shows.” Read more:High Speed
, Speed
Honolulu Foreclosures, Is This A Good Way To Get A Good Buy? 2008-04-21 14:37:41 That is a definite maybe or maybe not! Let me start by saying that in Honolulu
these are two methods of foreclosing on a mortgage. For years Hawaii was a judicial foreclosure State and in the late 1990’s a non-judicial foreclosure process was added by the legislature. If you are considering buying a foreclosure via [...] Read more:Foreclosures
Are The Koreans Next? 2008-04-22 11:20:16 According to an article in the Honolulu Star Bulletin, “U.S. and South Korean officials took a step closer to a major increase in tourism from Korea.” Apparently, the U.S. and South Korea want to waive visa requirements for South Korean travel to Hawaii. South Korea’s booming economy and close proximity to Hawaii could mean another [...] Read more:Koreans
Honolulu Beauty! 2008-04-23 23:44:07 Views in Honolulu
can be big or small. Let this be a reminder not to miss the beauty nature blesses us with each and everyday. This ginger was found in my front yard. Read more:Beauty
Honolulu 2nd Home Seller? 2008-04-23 14:57:34 I received an email update from Cindy Naito, of First American Exchange Company, regarding the tax treatment of a second or vacation home. Goods news. Until now it was generally understood that a seller could not use an IRC Section 1031 Exchange to defer the capital gains tax on the sale. Based [...] Read more:Honolulu
, Seller
Honolulu Grows with General Growth’s Master Plan For Ward! 2008-04-23 13:44:13 General Growth
Management (the owner of Ala Moana Shopping Center and most of the land in the Ward area) offered more clarity on its 20 year master plan for Ward Center area. It includes nine residential high rise condos (4300 units), retail (as much as 7,00,00 square feet) and entertainment businesses. This bodes well for [...] Read more:General
, Honolulu
, Master
Honolulu’s Newest Condo is Born! 2008-04-25 14:48:29 Check out this article on Capitol Place. It is a beautiful building, close to downtown and offers a great deal of value. Read more:Condo
, Honolulu
Hawaii’s Low Unemployment 2008-04-24 14:49:16 In March Hawaii
’s jobless rate fell to 3.1% from 3.2% in February (see the Star Bulletin article). Further evidence that our economy may be fairing better than many places in the rest of the United States, only four states have an equal or lower unemployment rate (North Dakota, Oklahoma, Wyoming and South Dakota). This may [...] Read more:Unemployment
Honolulu’s Hidden Jewel (Kapiolani Med. Center for Women & Children) 2008-04-28 20:50:57 At the beginning of April, I joined the board of the Kapiolani Health Foundation. This is the fundraising arm of the Kapiolani Medical Center
. The purpose of this blog is to inform, as well as ask you to make a donation to help sustain this valuable community asset (click here to make an online gift). [...] Read more:Children
, Hidden
, Honolulu
, Jewel
, Women
Honolulu’s Gold Coast 2008-04-30 10:00:28 There is a wonderful community at the foot of Diamond Head sandwiched between Kaimana Beach and the end of Kalakaua Avenue. This area has a few classic homes, but is better known for ocean front condos and cooperatives. Many locals call it the “Gold Coast
”. The name may be a result of [...] Read more:Honolulu
Knob & Tube Wiring it comes with the territory! 2008-05-01 12:00:44 Knob and tub wiring can be found in most vintage homes. If you find it, at some point, plan on rewiring the home. Depending on it’s size, the cost could be between $8000 and $15,000 or higher. There may not be any immediate safety issues (providing the wire coverings are intact and wires are not [...] Read more:comes
“X” Marks The Spot in Honolulu 2008-05-02 14:03:30 Paragraphs C-41, C-42 and C-43 of the Purchase Contract (PC) have to do with surveying a the corners and/or perimeters of the lot. When the surveyor is complete with his work all of he corners should have pins or marks which locate the location of the particular corner. This marks take the form of a [...] Read more:Honolulu
Lessons in Pricing Honolulu Real Estate 2008-05-05 11:00:10 This Manoa cottage closed at $800,000 on April 30th. I represented the buyer and it was originally listed for sale at $799,000. There are many great lessons that can be drawn for from this sale, but the most important lesson for sellers of Honolulu
real estate is that pricing is the key to creating activity [...] Read more:Estate
, Lessons
, Pricing
, Real Estate
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