Friday, May 25, 2007
Historic Manoa Property for sale
Well, if you're one of the truly blessed to already live on Oahu or you're about to move here, you might find of interest a story about the historic Manoa Valley Inn sale, that Honolulu Advertiser wrote about this week. Built in 1912 as a expansive family home, was turned into private bed-and-breakfast property. Building itself in on the National Register if Historic Places. With seven bedrooms, and additonal cottage it is a great buy for a growing family. You can read and check out the photo gallery at http://www.honoluluadvertiser.com/apps/pbcs.dll/article?AID=2007705210327. Well if you're looking for something else though, still on the islands, check my earlier blogs. I brought you my very personal accounts of some of the greatest properties on Oahu. Also whether you're looking for long term rentals or short term, or to buy a Hawaiian dream home, Trinity Properties Team has it all, and what a team its is...
Weekly Real Estate Brief
Aloha All,
It is Aloha Friday again, and a beautiful long May weekend ahead of us. So much to do, be and live...
If you've been wondering on the latest news on the real estate in Hawaii, there had been quite few good developments, especially if you're interested in buying a property on the Islands of Aloha. Check out my and Mary's earlier blogs, in the meantime, here are the news from this week.
It is Aloha Friday again, and a beautiful long May weekend ahead of us. So much to do, be and live...
If you've been wondering on the latest news on the real estate in Hawaii, there had been quite few good developments, especially if you're interested in buying a property on the Islands of Aloha. Check out my and Mary's earlier blogs, in the meantime, here are the news from this week.
REAL STORY ON HAWAII REAL ESTATE MARKET
Aloha,
At the Windward Regional Meeting of the Board of Realtors that I attended, Harvey Shapiro, the Honolulu Board of Realtors Resident Economist spoke about the real story on Hawaii real estate market. He addressed the misconception sometimes published as headlines in our local paper that the "bottom is falling out" of our current market. Good news, it is not! The somewhat reduced demand for housing has stabilized this market making it better for Buyers and still a good time to sell for Sellers! While the median sale price for single family homes, in 1st Qtr. 2007, is $620,000 on Oahu, it is a change of only 0.8% in the median price for same same Qtr. in 2006. However, there were 865 single family homes sold in 1st Qtr. 2007, compared to 943 in the 1st Qtr. 2006, a change of 8.3%. This change can be attributed to less affordability and changes that have occurred in the lending patterns. In the early 2000's 85% of the loans were ARMS! Today, ARM rates are not as attractive as fixed rates and therefore less people are able to qualify for fixed rate loans.
I will share more with you in future blogs on the current state of the real estate market. I hope you find this information helpful and visit us often to learn more. To view properties for sale, please select "REAL ESTATE SALES "on the Trinity Properties website.
Until the next time.. our warmest aloha to you!
Mary Farkash for Trinity Properties
808-247-7521
At the Windward Regional Meeting of the Board of Realtors that I attended, Harvey Shapiro, the Honolulu Board of Realtors Resident Economist spoke about the real story on Hawaii real estate market. He addressed the misconception sometimes published as headlines in our local paper that the "bottom is falling out" of our current market. Good news, it is not! The somewhat reduced demand for housing has stabilized this market making it better for Buyers and still a good time to sell for Sellers! While the median sale price for single family homes, in 1st Qtr. 2007, is $620,000 on Oahu, it is a change of only 0.8% in the median price for same same Qtr. in 2006. However, there were 865 single family homes sold in 1st Qtr. 2007, compared to 943 in the 1st Qtr. 2006, a change of 8.3%. This change can be attributed to less affordability and changes that have occurred in the lending patterns. In the early 2000's 85% of the loans were ARMS! Today, ARM rates are not as attractive as fixed rates and therefore less people are able to qualify for fixed rate loans.
I will share more with you in future blogs on the current state of the real estate market. I hope you find this information helpful and visit us often to learn more. To view properties for sale, please select "REAL ESTATE SALES "on the Trinity Properties website.
Until the next time.. our warmest aloha to you!
Mary Farkash for Trinity Properties
808-247-7521
Tuesday, May 22, 2007
Featured Kailua Home for Sale
Aloha!
If you are fortunate to find yourself in paradise perhaps vacationing at one of our
Hawaii Vacation Homes or a resident of Hawaii already, Sunday afternoon affords you the opportunity to preview homes currently on the market for sale. Sunday Open House is open to the public from 2-5 p.m. If you would prefer to be accompanied by one of our professional agents or would like to preview it at another time, please call our office to arrange an appointment, 808-247-7521. We will be happy to accommodate your schedule.
This Sunday I happened to visit a home that is only a block and a half away from famous Kailua Beach Park. Listed at $1,295,000 by Coldwell Banker Pacific Properties, this featured home was newly built in 1996, with 4 bedrooms, 4 baths and has many fine features including large bedroom suites, high vaulted ceilings, Danish cabinetry and covered decks. One of the bedrooms has a separate entrance with a wet bar. Perfect for extended family or guests! We at Trinity Properties will be happy to represent you as our Buyer on the purchase of this home as well as many other properties for sale in Hawaii. To view other properties, please select
"REAL ESTATE SALES "on the Trinity Properties website.
Until the next time.. our warmest aloha to you!
If you are fortunate to find yourself in paradise perhaps vacationing at one of our
Hawaii Vacation Homes or a resident of Hawaii already, Sunday afternoon affords you the opportunity to preview homes currently on the market for sale. Sunday Open House is open to the public from 2-5 p.m. If you would prefer to be accompanied by one of our professional agents or would like to preview it at another time, please call our office to arrange an appointment, 808-247-7521. We will be happy to accommodate your schedule.
This Sunday I happened to visit a home that is only a block and a half away from famous Kailua Beach Park. Listed at $1,295,000 by Coldwell Banker Pacific Properties, this featured home was newly built in 1996, with 4 bedrooms, 4 baths and has many fine features including large bedroom suites, high vaulted ceilings, Danish cabinetry and covered decks. One of the bedrooms has a separate entrance with a wet bar. Perfect for extended family or guests! We at Trinity Properties will be happy to represent you as our Buyer on the purchase of this home as well as many other properties for sale in Hawaii. To view other properties, please select
"REAL ESTATE SALES "on the Trinity Properties website.
Until the next time.. our warmest aloha to you!
Friday, May 18, 2007
'E KOMO MAI' Welcome to the Trinity Properties Real Estate Blog!
"E KOMO MAI" Welcome to the Trinity Properties Real Estate Blog!
As real estate professionals with over 20 years of success in the business of representing Buyers and Sellers in the Hawaii Residential real estate market, it is our goal to share our market knowledge and experience as well as community information on life in the beautiful islands of Hawaii.
We hope that you find the information in this blog helpful and interesting and that you will come back frequently to read our updates. Please feel free to send us your comments or questions. We love to hear from you!
Our warmest Aloha!
As real estate professionals with over 20 years of success in the business of representing Buyers and Sellers in the Hawaii Residential real estate market, it is our goal to share our market knowledge and experience as well as community information on life in the beautiful islands of Hawaii.
We hope that you find the information in this blog helpful and interesting and that you will come back frequently to read our updates. Please feel free to send us your comments or questions. We love to hear from you!
Our warmest Aloha!
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