May 2011

Honolulu Condo Sales Statistics for May 2011

Honolulu Condo Sales - May 2011 Statistics

Number of Sales: Condominium 379 (6.7% DOWN)

Median Sales Price: Condominium: $305,000 (0.7% DOWN)

Days on Market: Condominium: 34 days (10 days INCREASE)

Inventory: Condominium: 1,914 (8.3% DECREASE)

All statistics are compared to same month last year.

Mahalo For Reading

If you or anyone you know is thinking about buying or selling a condo in Honolulu, Hawaii, it would be my pleasure to help.

Douglas Fischer, R.A., REALTOR, C.C.E., C.D.P.E.. e-Pro
East Oahu Realty

808-497-3810

Douglas@HNLCondos.com

Douglas is an experienced and respected Honolulu, Hawaii Realtor Associate, in partnership with his Japanese speaking partner, Christopher Sumida,

Duke Kahanamoku Beach in Waikiki is ranked No. 3. on the list of Top 10 Beaches

According to the "Honolulu Star Advertiser", Duke Kahanamoku Beach in Waikiki is ranked No. 3. on the list of Top 10 Beaches and Waimanalo Bay State Recreation Area on the east side of Oahu is ranked No. 9.

Find out the rest of the Worlds's Top Ten Beaches here.

Mahalo For Reading.

Staged Homes Sell Faster And For More Money

According to a recent article in the "Honolulu Star Advertiser", staged homes are selling faster and getting higher prices than non-staged homes. Staged homes add warmth and allow potential buyers to see how the spaces would look once they move in. It's easier and less expensive than you might think to stage a home and your Realtor ® can help.

First impression is critical and many buyers make up their mind within seconds of seeing a property. That impression starts to form even as they pull up to the property so it's also important that the exterior including landscaping, exterior maintenance issues, and driveways are taken care of.

Cleaning is essential. Not everyone can afford to renovate, but keeping

Waikiki 5 Million Dollar Sidewalk Repairs

According to "Hawaii News Now", at www.hawaiinewsnow.com, "The impact on Waikiki's main street spans large areas of Kalakaua avenue where signs redirect foot traffic and heavy equipment digs into huge sections of sidewalk."

"'A lot of the old tile was heaving and breaking,' Kaikor Construction Co.  president Steve Baginski said."

"The old tiles are being removed and replaced with sturdier stone tiles. The city said so far the job's on pace to finish at the end of September, a month before the APEC summit arrives."

"Every day on the job is an adventure in the unforeseen."

Read the rest of the story, "Waikiki sidewalk repair is a $5 million challenge".

It's Aloha Friday Again:  Sunset on the Beach Movies

I just ran across a great website giving tons of information about Sunset on the Beach Movies, at www.sunsetonthebeach.net.

According to their website:  "Sunset on the beach is a FREE movie shown on a huge 30 foot screen. The movies occur on the weekends and feature quality films for the whole family to enjoy. And as the event title suggests, the 30 foot screen is on the beach."

Read more about Sunset on the Beach Movies at www.sunsetonthebeach.net.

Mahalo For Reading.

Big Changes for Kakaako Neighboorhood in Honolulu

According to KITV.com online news, "Imagine building a median down Ward Avenue, closing small side streets to traffic and eliminating the requirement to provide parking for some businesses.

Those are some of the ideas behind new rules for the Kakaako area just mauka of Ala Moana Boulevard. The agency charged with overseeing the Kakaako and Kalaeloa votes on new rules to guide future development this week.

Read more: "Major Changes Planned for Kakaako".

Mahalo For Reading.

Thursday, May 19th

3627 W. 32nd Ave. Denver CO 80211

5:00-6:30 PM

Nicole Winsauer
"ABC's of Condo HOAs"
How to protect your home's value by understanding your Homeowner's Association.

Drop in anytime between 5:00 and 6:30 to learn what you need to know about your HOA to protect your real estate investment. Free wine, snacks and valuable knowledge!

http://www.liveurbandenver.com/live-and-learn-happy-hour.php

Hawaii "State Peddles Program for Renting of Bicycles"

According to the "Honolulu Star Advertiser" newspaper, "A bike rental program to promote an active lifestyle and reduce traffic will officially launch on Friday in Kailua."

"Hawaii B-cycle is the first program of its kind in the state, and part of a $100,000 pilot project of the state Department of Health's Healthy Hawaii Initiative. Although the official launch takes place Friday, dozens of riders already have used the bikes over the past couple of weeks."

"Officials say the concept is to encourage people to commute on the bikes in short time periods to promote healthy living and alleviate congestion. Instead of sitting in their cars, they can hop on a bicycle."

Read the rest of the article,

More Stats - Housing Supply Outlook for Oahu Real Estate Is In

Housing Supply Outlook ~ A detailed analysis by property type and price range demonstrating current trends for Oahu, Hawaii.

Download the April 2011 Housing Supply Outlook HERE.

Mahalo For Reading.

Hawaii Home Foreclosures Fall in April

According to "The Republic" and the "Honolulu Star Advertiser", "Hawaii home foreclosures continued to fall in April for the fifth consecutive month."

"The Honolulu Star-Advertiser" reported Thursday the decline is attributed to several major lenders holding back on new filings after loan documentation practices were called into question."

"Real estate research firm RealtyTrac says was a 33 percent decrease in Hawaii filings from a year earlier."

"Oahu had the most at 448 but the lowest rate at one for every 755 households."

Read the rest of the article, "Hawaii home foreclosures fell in April for 5th consecutive month".

Mahalo For Reading.