As another year comes to a close in the Hawaii Homes Market, we look at the coming year of 2010 with a positive note. As the holidays approached the market was still moving although there were significant changes with sales prices in single family homes. READ MORE HERE>>Honolulu County Real Estate Market Report- December 2009
Archive for the ‘Hawaii Homes Market’ Category
Hawaii Homes Market Report | Honolulu Real Estate Market December 2009
Thursday, January 7th, 2010Hawaii Homes Market | Real Estate Market Report Nov 2009
Sunday, December 13th, 2009Honolulu County Real Estate Market Report- November 2009
As the saying goes…the only thing constant in this world is CHANGE. The same goes for our Honolulu County Housing Market Statistics for November 2009 which showed yet again the continued up and down numbers in sales numbers and sales prices!
Single Family Resale Numbers: Our sales numbers for single family homes showed a slight decrease in sold single family homes from 281 to 249. The Median Sales price also had a slight decline from $605,000 in October to $590,000 in November. This is decrease of 0.75% from November 2008 to 2009 and also shows a decrease of 2.4% from October to November of 2009 in sales prices.
Condo/Townhouse Resale Numbers: Our Honolulu Real Estate Housing Market sales numbers for condos/townhouses increased slightly from 381 in October to 407 in November of 2009 and we can attribute the sales number increase for the past couple of months due to the lowering inventory on the island of Oahu. Honolulu County Median sales prices increased 102.5% from November of 2008 to November of 2009 and also increased in sales prices from $295,000 to $320,000!
I believe these ups and downs will continue as our market tries to find a happy median. With the FIRST TIME HOMEBUYER TAX CREDIT EXTENSION approved, interest rates still lower and inventory considerable down in all neighborhoods the shifting is evident with more homebuyers in the market.
These Honolulu County Market Statistics vary from neighborhood to neighborhood and I continue to experience multiple offers on homes and townhouses in all areas in Honolulu County including short sales. Stay tuned for more neighborhood market statistics.
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Celeste “Sally” Cheeseman is a Realtor-Associate with Century 21 Liberty Homes in Mililani, Hawaii. With a sharp understanding that a listening ear is the key to a client’s needs, she serves the island of Oahu (Honolulu County) and all Hawaii Military Relocating to Hawaii, Hawaii Retirees, Hawaii Job Transfers and Hawaii Residents. Website: www.hawaiihomesmarket.com Supporting Hawaii Local Businesses!
Mililani Townhouse for Sale| Mililani Real Estate
Friday, October 30th, 2009| Mililani Real Townhouse for Sale| Mililani Real Estate | ||||
| 95-344 Kaloapau Street, #148, Mililani, HI 96789 | ||||
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Two Story Townhouse for Sale at an UNBEATABLE price!This split level townhouse in “Hale Kaloapau” in Mililani Town is rarely available and just steps from Mililani Recreation Center #3. That means steps away from the pool on those hot days!Enter the dining area and an open kitchen with loads of cabinet speace and if you choose, you can close off the kitchen with sliding doors while entertaining your guests.Convenient laundry area off the kitchen and a half bath with new flooring completes the first floor.The second floor boasts two spacious bedrooms and a full bathroom and a large floor to ceiling hall walk in storage closet.This townhouse is VERY clean and MOVE IN READY.Your “Hale Kaloapau Townhouse” awaits…… | |||
| Click to View Show | ||||
| Details | Contact Info | |||
| Asking Price: MLS:Sq. Feet:Bedrooms:Bathrooms: # of Floors:HOA/Maintenance Fees:Subdivision: Year Built:
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$259,000 291414987721.5 2356Mililani Town 1972
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Celeste “Sally” Cheeseman, Realtor-Associate®
Hawaii Real Estate & Relocations
Main (808) 625-1776 ext. 300 |
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| Property Amenities | ||||
| - Range/Oven - Sink Disposal - Full Refrigerator - Washer/Dryer |
- Dishwasher - Patio - Fenced Yard |
- Walk-in closet - Living room - Dining Area |
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| Community Amenities | ||||
| - Swimming Pool(s) - Basketball court |
- Recreation Center - Tennis court(s) |
- Golf course - Two Assigned Parking Stalls |
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Mililani Housing Market Numbers UP!
Wednesday, July 29th, 2009
In 1971 my family moved to Mililani and it was in the beginning stages of a 40 year Master Planned Community development of single family homes, condos and townhouses with the first homes built in 1968.
My children went through their school years in Mililani (they’re adults now) and my mom still lives in the same house bought in 1971.
I remember when….
Miililani is centrally located to all military bases on the island and 5-10 minutes from Schofield Barracks and Wheeler Army Airfield, 20-25 minutes to Hickam AFB, Pearl Harbor Navy Base and over the H-3 to Kaneohe Marine Corp Air Station in a matter of 35-40 minutes. We have three shopping centers and seven recreation centers (five have pools) with many community activities for all ages.
Mililani is the ONLY community in Hawaii to receive the distinction of “ALL AMERICAN CITY” in 1986 and you can get more information, association docs, homeowner packets and more from our association site by clicking on the following link: MILILANI TOWN ASSOCIATION INFORMATION
Over the past few months we have had a fluctuation of sales numbers and a small decrease in sales prices but bottom line our sales numbers significantly increased in the past month.
The following market statistics show a clearer picture for the last six months:
Single Family Homes
Mililani Town up to $849k:
Mililani Town up to $849k:
35 # Active, 20# In Escrow. 68# Sold, 98DOM, $544k Average Sales Price
Mililani Mauka up to $1.3 Million
2 9#Active, 24# In Escrow, 44 # Sold, 71DOM, $644,976 Average Sales Price
Condos/Townhouses
Mililani Town up to 450k
74# Active, 24 # In Escrow, 62 # Sold, 73 DOM, $279,000 Average Sales Price
Mililani Mauka (up to 451k)
Mililani Mauka (up to 451k)
23# Active, 26 # In Escrow, 37# Sold, 63 DOM, $326,202 Average Sales Price
*NOTE: DOM (Days on Market) means how long the property was listed on the MLS until the properties went into escrow with an accepted contract.
More Hawaii Real Estate & Relocation Links:
Mililani Housing Market Numbers UP!
Tuesday, July 28th, 2009In 1971 my family moved to Mililani and it was in the beginning stages of a 40 year Master Planned Community development of single family homes, condos and townhouses with the first homes built in 1968.
My children went through their school years in Mililani (they’re adults now) and my mom still lives in the same house bought in 1971.
I remember when….
Miililani is centrally located to all military bases on the island and 5-10 minutes from Schofield Barracks and Wheeler Army Airfield, 20-25 minutes to Hickam AFB, Pearl Harbor Navy Base and over the H-3 to Kaneohe Marine Corp Air Station in a matter of 35-40 minutes. We have three shopping centers and seven recreation centers (five have pools) with many community activities for all ages.
Mililani is the ONLY community in Hawaii to receive the distinction of “ALL AMERICAN CITY” in 1986 and you can get more information, association docs, homeowner packets and more from our association site by clicking on the following link: MILILANI TOWN ASSOCIATION INFORMATION
Over the past few months we have had a fluctuation of sales numbers and a small decrease in sales prices but bottom line our sales numbers significantly increased in the past month.
The following market statistics show a clearer picture for the last six months:
Single Family Homes
Mililani Town up to $849k:
Mililani Town up to $849k:
35 # Active, 20# In Escrow. 68# Sold, 98DOM, $544k Average Sales Price
Mililani Mauka up to $1.3 Million
2 9#Active, 24# In Escrow, 44 # Sold, 71DOM, $644,976 Average Sales Price
Condos/Townhouses
Mililani Town up to 450k
74# Active, 24 # In Escrow, 62 # Sold, 73 DOM, $279,000 Average Sales Price
Mililani Mauka (up to 451k)
Mililani Mauka (up to 451k)
23# Active, 26 # In Escrow, 37# Sold, 63 DOM, $326,202 Average Sales Price
*NOTE: DOM (Days on Market) means how long the property was listed on the MLS until the properties went into escrow with an accepted contract.
More Hawaii Real Estate & Relocation Links:
HAWAII VA LOANS, REAL ESTATE -What’s the FACTS!
Wednesday, May 13th, 2009
WooHoo! You have orders to your next duty station and it’s all you’ve ever dreamed of…..going to that tropical paradise you saw on TV shows and the movies. It’s a HAWAII PCS and RELOCATION for you and your family!
It’s a magical mystical wonderland with fairies in the woods watching over you and fluttering from each exotic flower to the next. You can live on the beach in a grass shack and drink those Blue Hawaii drinks with the little umbrella in it in the evening while watching the sun set. The hula girls will automatically pop out of nowhere and start doing the hula dance on the beach while in the near distance the surfers are catching their last waves of the day.
ZAP! You awaken to the true reality of it all. You’re being proactive in your search for a Hawaii Home or Condo and you don’t know where to start. You know it’s going to be hard looking for just that right Hawaii Real Estate Agent and Hawaii Loan Officer so just be aware of some myths and facts regarding your Hawaii Home Buying Process.
Myth: The first Hawaii Realtor® you come across while searching the internet is your ‘lucky’ pick …therefore, that one just has to be the one who is going to fulfill all your needs. You fairy tale come true!
Fact: Search the internet for Real Estate Agents that not only have a strong internet presence, but have articles and information that know what they’re talking about. Contact and interview a couple of the agents so you know if you will be comfortable with them and if they really know what they’re talking about.
Myth: You search for information on Hawaii VA Loans and it appears that all the websites you come across are loan officers who are seemingly working with the Veterans Administration. GONG!
Fact: A VA Loan means that the Veterans Administration guarantees the lender a % should the vet default on their loan. They are not working in the VA Office. Make sure your loan officer is a seasoned loan officer who KNOWS the Hawaii Real Estate Laws and the Hawaii Real Estate Contract as well as their VA Guidelines for your loan.
Myth: If the company has other ‘affiliated’ entities (i.e. if it’s a real estate company and they use a loan company that is based right in their office…or vice versa) in their office they must be good because they do it ALL. NOT!
Fact: It’s a conflict of interest to have real estate, loan company and escrow company that are all in the same office. The buyer is ENTITLED to have a separate entity for all and should not be pressured to use their affiliates. It’s like having a loan officer /real estate agent (wears both hats) represent both sides in a transaction. How are they thinking in your best interests?????
Fact: Search the internet for Real Estate Agents that not only have a strong internet presence, but have articles and information that know what they’re talking about. Contact and interview a couple of the agents so you know if you will be comfortable with them and if they really know what they’re talking about.
Myth: You search for information on Hawaii VA Loans and it appears that all the websites you come across are loan officers who are seemingly working with the Veterans Administration. GONG!
Fact: A VA Loan means that the Veterans Administration guarantees the lender a % should the vet default on their loan. They are not working in the VA Office. Make sure your loan officer is a seasoned loan officer who KNOWS the Hawaii Real Estate Laws and the Hawaii Real Estate Contract as well as their VA Guidelines for your loan.
Myth: If the company has other ‘affiliated’ entities (i.e. if it’s a real estate company and they use a loan company that is based right in their office…or vice versa) in their office they must be good because they do it ALL. NOT!
Fact: It’s a conflict of interest to have real estate, loan company and escrow company that are all in the same office. The buyer is ENTITLED to have a separate entity for all and should not be pressured to use their affiliates. It’s like having a loan officer /real estate agent (wears both hats) represent both sides in a transaction. How are they thinking in your best interests?????
It is in your best interests to know who you’re working with and get the correct information before you start with your Hawaii VA Loan Process and Buying Your Hawaii Home or Hawaii Condo. There are many things to be aware of before jumping right in. Choosing the RIGHT Realtor® & Hawaii VA Loan Officer, & Hawaii Military Relocation Information may enlighten you just a bit more. Just know that being proactive WAY AHEAD of your scheduled Hawaii PCS will ensure you getting educated and finding the perfect fit for your Hawaii Home Buying with your HAWAII VA Loan Experience.
Note:
The 2009 Honolulu County VA Loan Limit is $625,500. Using the table for your Honolulu County BAH Rates and my Hawaii Home Mortgage Calculator you can let the loan officer know what your budget is for a monthly mortgage. Just because you have great credit and qualify for x amount does not mean you want to afford those monthly payments.
For more information click on the following link to the VA site with their brochure>>>> What VA Does For the Home Buying Veteran
~~~~~~~~~
The 2009 Honolulu County VA Loan Limit is $625,500. Using the table for your Honolulu County BAH Rates and my Hawaii Home Mortgage Calculator you can let the loan officer know what your budget is for a monthly mortgage. Just because you have great credit and qualify for x amount does not mean you want to afford those monthly payments.
For more information click on the following link to the VA site with their brochure>>>> What VA Does For the Home Buying Veteran
~~~~~~~~~
Want the whole scoop about Hawaii Real Estate & Hawaii Military Relocations?
Celeste “Sally” Cheeseman is a Realtor-Associate with Century 21 Liberty Homes in Mililani, Hawaii & serving all Hawaii Military Relocating to Hawaii, Hawaii Retirees, Hawaii Job Transfers and Hawaii Residents with the understanding that a listening ear is the key to understanding client’s needs.
HAWAII VA LOANS, REAL ESTATE -What’s the FACTS!
Wednesday, May 13th, 2009
WooHoo! You have orders to your next duty station and it’s all you’ve ever dreamed of…..going to that tropical paradise you saw on TV shows and the movies. It’s a HAWAII PCS and RELOCATION for you and your family!
It’s a magical mystical wonderland with fairies in the woods watching over you and fluttering from each exotic flower to the next. You can live on the beach in a grass shack and drink those Blue Hawaii drinks with the little umbrella in it in the evening while watching the sun set. The hula girls will automatically pop out of nowhere and start doing the hula dance on the beach while in the near distance the surfers are catching their last waves of the day.
ZAP! You awaken to the true reality of it all. You’re being proactive in your search for a Hawaii Home or Condo and you don’t know where to start. You know it’s going to be hard looking for just that right Hawaii Real Estate Agent and Hawaii Loan Officer so just be aware of some myths and facts regarding your Hawaii Home Buying Process.
Myth: The first Hawaii Realtor® you come across while searching the internet is your ‘lucky’ pick …therefore, that one just has to be the one who is going to fulfill all your needs. You fairy tale come true!
Fact: Search the internet for Real Estate Agents that not only have a strong internet presence, but have articles and information that know what they’re talking about. Contact and interview a couple of the agents so you know if you will be comfortable with them and if they really know what they’re talking about.
Myth: You search for information on Hawaii VA Loans and it appears that all the websites you come across are loan officers who are seemingly working with the Veterans Administration. GONG!
Fact: A VA Loan means that the Veterans Administration guarantees the lender a % should the vet default on their loan. They are not working in the VA Office. Make sure your loan officer is a seasoned loan officer who KNOWS the Hawaii Real Estate Laws and the Hawaii Real Estate Contract as well as their VA Guidelines for your loan.
Myth: If the company has other ‘affiliated’ entities (i.e. if it’s a real estate company and they use a loan company that is based right in their office…or vice versa) in their office they must be good because they do it ALL. NOT!
Fact: It’s a conflict of interest to have real estate, loan company and escrow company that are all in the same office. The buyer is ENTITLED to have a separate entity for all and should not be pressured to use their affiliates. It’s like having a loan officer /real estate agent (wears both hats) represent both sides in a transaction. How are they thinking in your best interests?????
Fact: Search the internet for Real Estate Agents that not only have a strong internet presence, but have articles and information that know what they’re talking about. Contact and interview a couple of the agents so you know if you will be comfortable with them and if they really know what they’re talking about.
Myth: You search for information on Hawaii VA Loans and it appears that all the websites you come across are loan officers who are seemingly working with the Veterans Administration. GONG!
Fact: A VA Loan means that the Veterans Administration guarantees the lender a % should the vet default on their loan. They are not working in the VA Office. Make sure your loan officer is a seasoned loan officer who KNOWS the Hawaii Real Estate Laws and the Hawaii Real Estate Contract as well as their VA Guidelines for your loan.
Myth: If the company has other ‘affiliated’ entities (i.e. if it’s a real estate company and they use a loan company that is based right in their office…or vice versa) in their office they must be good because they do it ALL. NOT!
Fact: It’s a conflict of interest to have real estate, loan company and escrow company that are all in the same office. The buyer is ENTITLED to have a separate entity for all and should not be pressured to use their affiliates. It’s like having a loan officer /real estate agent (wears both hats) represent both sides in a transaction. How are they thinking in your best interests?????
It is in your best interests to know who you’re working with and get the correct information before you start with your Hawaii VA Loan Process and Buying Your Hawaii Home or Hawaii Condo. There are many things to be aware of before jumping right in. Choosing the RIGHT Realtor® & Hawaii VA Loan Officer, & Hawaii Military Relocation Information may enlighten you just a bit more. Just know that being proactive WAY AHEAD of your scheduled Hawaii PCS will ensure you getting educated and finding the perfect fit for your Hawaii Home Buying with your HAWAII VA Loan Experience.
Note:
The 2009 Honolulu County VA Loan Limit is $625,500. Using the table for your Honolulu County BAH Rates and my Hawaii Home Mortgage Calculator you can let the loan officer know what your budget is for a monthly mortgage. Just because you have great credit and qualify for x amount does not mean you want to afford those monthly payments.
For more information click on the following link to the VA site with their brochure>>>> What VA Does For the Home Buying Veteran
~~~~~~~~~
The 2009 Honolulu County VA Loan Limit is $625,500. Using the table for your Honolulu County BAH Rates and my Hawaii Home Mortgage Calculator you can let the loan officer know what your budget is for a monthly mortgage. Just because you have great credit and qualify for x amount does not mean you want to afford those monthly payments.
For more information click on the following link to the VA site with their brochure>>>> What VA Does For the Home Buying Veteran
~~~~~~~~~
Want the whole scoop about Hawaii Real Estate & Hawaii Military Relocations?
Celeste “Sally” Cheeseman is a Realtor-Associate with Century 21 Liberty Homes in Mililani, Hawaii & serving all Hawaii Military Relocating to Hawaii, Hawaii Retirees, Hawaii Job Transfers and Hawaii Residents with the understanding that a listening ear is the key to understanding client’s needs.
