| |  | Hawaii Real Estate
Results Matter! With over 25 years of experience representing home buyers & sellers, I am your proven asset in our ever-changing real estate market. | |
| Coldwell Banker Pacific Properties
Vice President
Society of Excellence
1314 S. King Street, 2nd Floor
Honolulu, HI 96814
(808)593-6449 Office/(808)748-8170 Fax
Email: BethChang@CallHawaiiHome.net
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| Current Hawaii Real Estate News
Pacific Business News - August 10, 2010: Kauai Condo Prices Take a Hit
Pacific Business News - August 10, 2010: Big Island Housing Market Remains Soft
Pacific Business News - August 9, 2010: Oahu's Housing Market Still Struggling
Pacific Business News - August 6, 2010: July Tough for Maui Home, Condo Sales
Pacific Business News - July 12, 2010: Maui Home, Condo Sales Rise Sharply
Pacific Business News - July 9, 2010: Kauai Home Sales Rise as Price Drops
Pacific Business News - July 9, 2010: Big Island Home, Condo Sales Rise Sharply
Pacific Business News - July 7, 2010: Oahu Home, Condo Sales Up in June
Pacific Business News - June 30, 2010: One in 8 Hawaii Home Sales in Forclosure
Pacific Business News - June 14, 2010: May Housing Sales Up in Maui County
Pacific Business News - June 10, 2010: Rate of Foreclosures Slowed in May
Pacific Business News - June 8, 2010: Oahu Home Sales in May Up By More Than 30%
Pacific Business News - June 7, 2010: Kauai Home, Condo Sales Sore in May, Prices Aren't Following Suit
Pacific Business News - June 7, 2010: More Big Island Houses, Condos Sold in May, But at Lower Prices
Pacific Business News - June 3, 2010: Report: Oahu Home Prices up 5.1%
Pacific Business News - May 6, 2010: Oahu Home Sales Surge as Prices Drop
Pacific Business News - May 5, 2010: Kauai Condo Sales Double in April
Pacific Business News - May 5, 2010: Big Island Sees Big Jump in Home Sales
Aloha,
Aloha,
Increased traffic on our highways and “secret” surface street shortcuts means that schools are getting back in session. It will be interesting to see how the real estate market performs as we exit summer.
Home prices have been quite stable for the past twelve months.
Market sales activity has also followed expected seasonal trends. What is particularly interesting this year is the availability of extremely low mortgage rates. They are hovering at their lowest level since they started being tracked in the 70’s. And, no one knows when they will go up.
A small change in interest rates (say from 4% to 5%) would reduce the price of a home you could purchase by about 10%. So, in general, if you were qualified to buy a $500,000 home today, if interest rates were to increase one percentage point, you’d only be qualified to buy a home priced at $450,000.
While you’re sitting in traffic, think about whether this might be the time to assess your situation. Should you be making a move? (Closer to town might seem really good right now.)
Call or email me at any time. I’d be more than happy to share a wealth of information with you so you can make an informed decision.
In the meantime, here is a snapshot of current market statistics as of July 31, 2010 to pique your interest.
Sales of Single Family Homes and Condos as of July 31, 2010
Sales of single family homes increased 0.8% in July of 2010 compared to July, 2009. Condominium sales were down 6.7% compared to last July. On a year-to-date basis, single family home sales are up 26.9% over last year and condominium sales up 36.1%. Sales of single family homes increased 31.5% in May of 2010 compared to May, 2009. Condominium sales were also up an impressive 35.5% compared to last May.
Median Sales Price Single Family Homes and Condos as of July 31, 2010
The median sales price of single family homes increased 1.7% to $605,000 in July, 2010 compared to the same month in 2009. The median sales price for condominiums decreased 2.7% to $299,000 for the same period. Please consult with me to learn about the current market value of your home or of homes in neighborhoods of interest.
Hawaii Real Estate
SELLERS!
If you're planning to sell your home in the next few months, this FREE service is designed to help establish your home's current market value. Simply choose Market Analysis and fill out the requested information. I will use comparable sold listings to help you calculate the fair market value of your home.
BUYERS!
Automatically receive personalized MLS listings by e-mail. Early each morning I will search the local MLS and find the homes that match your criteria and notify you immediately with the latest listing information!! Simply choose Dream Home Finder and fill in the requested information. Or, search for yourself at Search MLS.
Specialization
I enjoy assisting in the sales and purchase of income property and single family homes within the areas of Honolulu, Kailua, Diamond Head, Kahala, Hawaii Loa Ridge, Hawaii Kai, and Portlock. I also specialize in oceanfront and beachfront property as well as new construction projects.
Personal
For the past 20 years, I have consistently been one of the company's top producers and have had the opportunity to service clients with properties ranging in price from $50,000 to $15,000,000. My clientele includes an extensive list of high-profile and influential individuals, most of whom are referrals from others who appreciate high-quality and reliable customer service. | |
2009 Coldwell Banker Real Estate Corporation. Coldwell Banker is a registered trademark licensed to Coldwell Banker Corporation. An Equal Opportunity Company. Equal Housing Opportunity. Owned and Operated By NRT LLC. All square footages are approximate. The information contained herein, while not guaranteed, has been obtained from sources believed to be reliable.
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