Audio Welcome Message:
http://www.aroundhawaii.com/understanding_the_hawaii_real_estate_market.html
Aloha and Welcome to my website which I believe you will find informative and useful in your search for knowledge of Hawaii Real Estate.
It is my intention for you to use this website without the hassle of agent contact that is not requested by you. If you need assistance or have Real Estate Related Questions...please email me.
I am in the Top 7% Nationwide of all Realtors and I am also a BROKER and BROKER in Charge of my office. Supervising all contracts and sales agents.
PLEASE EMAIL ME WITH SUGGESTIONS OR COMMENTS
My intent is to collect data of users and any questions they may have in order to improve the website.
FOR BUYERS AND SELLERS ALIKE MY OTHER WEBSITE IS ALSO AVAIALBE WITH A TON OF RESOURCES:
http://www.homepages.com/LauraLewis/AgentHome.aspx
New!
"The Best of Waikiki Condos"
New!
"Year End Report"
A Year-2008
and
Predictions
New!
"Waikiki Condo Sales"
A Monthly Recap
New!
"Oahu Short Sale Listings"
"SFH Short Sales"
"Condo Short Sales"
"Neighborhoods"(Such as Kailua, Hawaii Kai, etc....)
Separate articles on the Real Estate Happenings of several popular Neighborhoods on the Island of Oahu.
Sunday Open Houses with What these Homes are Really Worth?! Here, every Sunday you will find a complete list of Open Houses on Oahu, Times they are Open, Price, etc. as well as "What is this Home Really Worth?" Email Request Feature. Don't waste your time going to an Open House not knowing what the home is really worth and whether or not the Seller is Realistic and ready to negotiate.
Of course on the other hand FIND HOMES THAT ARE UNDERVALUED AS WELL!
"Oahu" (See Oahu) Updated Every Month
You will also find the most up to date statistics and my most recent article on "What's Really Happening in Hawaii Real Estate." This commentary marked "Oahu" on the website will acquaint you with Real Estate Data in general for the Island of Oahu.
"What's Really Happening in Hawaii Real Estate"
Go to: www.AroundHawaii.com or simply See: "Oceanic Cable Article" HERE!
Here you will find Monthly Feature Articles for Oceanic Cable in Hawaii and much more...
There are many useful areas of the website for people investigating whether or not to invest or sell Hawaii Real Estate but some of the ones you may be more interested in are "Buying" on this site. Here you will find updated articles on "How Best to Purchase your Hawaii Real Estate Investment" and more.
"About me" will tell you just that. Who I am, my motivation to be the best Agent and the most informed on Real Estate matters on the Island. "Top 7% Nationwide Awarded...Twice."
"My Sold Listings" Here you will find all the sales I have made except those in Escrow as of Today. (See "My Sold Listings")
"Selling" Here you will great tips about how to properly sell your property.
(See "Selling")
"Buying" Here you will find what to do first and foremost in your "investigation" of successfully buying a property.
(See Buying)
"Real Esate News" The latest breaking Real Estate News from many print and internet sources. ( See Real Estate News)
Feature Articles
"The Short Sale", "Sell, Buy, Wait?"...and more.
Feeling like you might be Under Water? See: Short Sale
The Short Sale
"There have not been many foreclosures in Hawaii so far and I doubt at this point we will see many in the short term but what I am starting to see is a rise in short sale listings.
Each morning when I recap the previous day’s numbers of inventory for sale, escrows, sales, withdrawn and expired listings, I usually will take a closer look at the withdrawn and expired listings. I do this to ascertain the feasibility of writing to the owner and convincing them to list their property with me if I have a good idea I can sell it in a reasonable time frame and at a reasonable price and profit to the owner.
What I am starting to see now are listings coming off of the market that when I look up the owner information on the Tax Map data base or “T.M.K.” I see that the owners have recently purchased, usually in an up market and now have no equity to pay for the costs associated with a sale and meet the financial obligation to the lender without going into the negative or going ‘under water.’ This can be a short sale situation......."
"Sell, Buy, or Wait?"
"Decisions, decisions, decisions…we all have to make them. Some of us dislike making decisions, especially important ones, so much that we just choose to make the decision to…not make a decision.
However, when it comes to such as important decision such as when should you make that certain real estate investment you have to have the facts and go with also go with your gut instinct.
If you are like a lot of us who have to invest in a home in Hawaii right now because you just moved here or simply have to get out of that home you’ve been in for years and into something that will match your needs and current life style better, then it’s time to read this article and be armed with the facts.
Real estate sales are like the tide, high and low and everything in cycles. All year long sales of homes will rise and fall just like the tide and what causes this is not the moon but demand. Demand is extremely important to how high sales can go and how low they can go. It is also very important to pricing. How much a home sells for is directly and critically linked to demand for homes.
So, when are the high and low periods for demand in Hawaii Homes?"........
There is much more to look at, but those above are the highlights.
Welcome and feel free to send me any of your Buying or Selling questions to Mikeg@hawaii.rr.com
Much Aloha,
Mike Gallagher/ Realtor/Broker in Charge
RE/Max Honolulu, Kailua, Hawaii
808-384-9015
Disclaimer
I hope you all have enjoyed this report and found it beneficial in your research of Hawaii Real Estate. As always, please remember to check as many resources that you personally trust to properly arrive at an overall evaluation of this subject matter. All buyers and sellers should draw their own conclusions and conduct their own investigations.
