The Gross National Debt
Summary If you are a buyer looking for apartments with lots of interior space or three bedrooms, Imperial Plaza is worth a look. Four of the eight apartments for sale as I write feature three bedrooms. Four of the eight apartments have over 1900 sq. ft. of living space and three others exceed 1230 sq. ft. of space. Two apartments for sale are in the lower townhouse side and there are several choices for buyers who want to live on the tower … Continue reading February 2012 Honolulu Condominium Market Report: Imperial Plaza
The Honolulu Board of REALTORS® released the January 2012 residential resales statistics. According to the analysis conducted by the Board, using data collected from its computerized Multiple Listing Service (MLS) system, the statistics are: Single Family Home Resales Number of Sales Compared to Prior Year Median* Sales Price Compared to Prior Year January 2012 175 -12.1% $618,900 +8.6% January 2011 199 $570,000 Condominium Resales Number of Sales Compared to Prior Year Median* … Continue reading Honolulu Real Estate Statistics: January 2012
The Honolulu Board of REALTORS® released the second quarter resale figures below based on data collected from its computerized Multiple Listing Service (MLS) system. The number of homes and condos sold are for the year-to-date for 2011 and 2010. The median prices cited below are year-to-date for 2011 and 2010 as well. Single Family Homes Neighborhood 2011 Sold 2011 Median* 2010 Sold 2010 Median* Aina Haina-Kuliouou 75 $1,075,000 68 $1,150,000 Ala Moana-Kakaako 3 $700,000 2 $515,000 Downtown-Nuuanu 84 $750,000 67 … Continue reading Honolulu Real Estate Statistics: Fourth Quarter 2011
Summary Despite a large 2011 maintenance fee increase/special assessment, One Waterfront Towers sales were strong throughout the past year. There is just one 1-bedroom apartment available as I write, but there are several low floor and high floor 2-bedroom apartments on the market. Many offer great views of Diamond Head. Nine of the 11 apartments offered for sale have been on the market over 100 days (some more than 200) and that indicates they may be priced well above market price. The chart above shows … Continue reading January 2012 Honolulu Condominium Market Report: One Waterfront Towers
I recently read an article titled “Fannie and Freddie must go – here’s how”. The authors are Richard Kovacevich, retired Chairman & CEO of Wells Fargo and William Isaac, Global Head of Financial Institutions at FTI Consulting and former Chairman of the FDIC. Below are the main points of the article. Read them and you decide if this will benefit the Honolulu real estate market. Background The recession of 2008, precipitated by the collapse of the subprime mortgage bubble, may … Continue reading Should the U.S. Government Be Involved in the Mortgage Market?
Summary Nauru Tower sales were inconsistent in 2011, nevertheless, 13 owners sold their apartment last year. Several different floor plans at varying floor heights are available for sale, so buyers have choices. 2-bedroom apartment 3501 is out of the ordinary in that it has nearly 1900 sq. ft. of space and there is a 1-bedroom available on the 34th floor. The chart above shows the number of sales recorded each month vs. the number of apartments available for sale at the end of each month. In … Continue reading January 2012 Honolulu Condominium Market Report: Nauru Tower
Michael Zimmerman just listed apartment 403 at the Anga-Roa condominium for sale. Anga-Roa 1545 Nehoa Street #403 Honolulu, HI 96822 MLS #1200525 Perfect for investors and first time home buyers. Excellent Mauka views! Convenient to the freeway, schools and shopping. Apartment is on the cool side of the building. Pet friendly and electricity is included in the maintenance fee. There are only four apartments per floor, so it’s calm and private. Don’t miss this opportunity. One bedroom, one bath One assigned parking space Living area … Continue reading Honolulu Real Estate: Anga-Roa One Bedroom Condo For Sale
Michael Zimmerman just listed apartment 802 at Ocean Vista for sale. Ocean Vista 3033 Ala Ilima Street #802 Honolulu, HI 96818 MLS #1200265 Rarely available Ocean Vista apartment. Centrally located, small family unit aggressively priced. Remodeled with updated features including new refrigerator, washer/dryer, floor, ceiling fans and window treatments. Building is very secure, private and quiet. One of only two units per floor and enough space for a small family. Don’t miss this opportunity. Two bedrooms, two baths One assigned parking space Living area approximately 1012 sq. … Continue reading Honolulu Real Estate: Ocean Vista Two Bedroom Condo For Sale
The Honolulu Board of REALTORS® released the December 2011 residential resales statistics. According to the analysis conducted by the Board, using data collected from its computerized Multiple Listing Service (MLS) system, the statistics are: Single Family Home Resales Number of Sales Compared to Prior Year Median* Sales Price Compared to Prior Year December 2011 268 -14.1% $605,000 +3.4% December 2010 312 +14.7% $585,000 +5.4% December 2009 272 $555,000 Condominium Resales Number of Sales Compared to Prior Year … Continue reading Honolulu Real Estate Statistics: December 2011
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