Honolulu Hawaii Homes Real Estate

Short Sales Lender’s Sales Foreclosures Single Famly Homes Honolulu to Hawaii Kai

2 years ago

by Frank in homes for sale

Short Sales, Lender’s Sales, Foreclosures, Single Famly Homes from Honolulu to Hawaii Kai week of October 19

Address	Nbrhd	Lnd SqFt	Liv SqFt	BR	FB	YB	LT	List Price	$ SqFt
594 Kealahou St	KALAMA VAL	6,123	1,938	5	2	1974	LH	$350,000	$180.60
2057B 10th Ave	PALOLO	1,776	1,364	3	2	1960	FS	$399,000	$292.52
1446 Maloo Pl	KALAMA VAL	3,914	1,252	3	2	1984	FS	$489,000	$390.58
2333A Palolo Ave	PALOLO	5,005	1,446	4	2	1957	FS	$515,000	$356.15
7739 Waikapu Lp	KALAMA VAL	5,597	1,674	4	2	1973	FS	$599,000	$357.83
803 20th Ave	KAIMUKI	2,500	884	3	2	1978	FS	$625,000	$707.01
839A 21st Ave	KAIMUKI	6,098	1,334	3	2	1950	FS	$649,000	$486.51
2594A Kekuanoni St	PAUOA VALL	5,780	1,820	5	3	1961	FS	$699,000	$384.07
1048 Kaupaku Pl	MARINERS R	8,408	2,723	5	3	1975	FS	$700,000	$257.07
1322 Lunalilo St 1	MAKIKI ARE	1,636	2,347	5	3	2004	FS	$710,000	$302.51
520 Lunalilo Home Rd 326	WEST MARIN	0	1,648	3	2	2002	FS	$719,000	$436.29
1175 Olowalu Wy	KALAMA VAL	5,443	2,098	4	3	1973	FS	$750,000	$357.48
1007 Kaluanui Rd	MARINERS R	7,504	1,896	3	2	1974	FS	$899,000	$474.16
1024 Kaolo St	KAMILO NUI	7,507	2,193	4	2	2003	FS	$950,000	$433.20
2782 Kalawao St 27	MANOA AREA	16,574	3,068	4	4	1992	FS	$1,299,000	$423.40
891 Hokulani St	HAHAIONE-U	8,469	2,053	3	2	1988	FS	$700,000	$340.96
644A 12th Ave	KAIMUKI	5,264	1,925	3	3	1970	FS	$875,000	$454.55
46 Nawiliwili St	TRIANGLE	10,185	2,658	4	2	1966	FS	$1,165,000	$438.30
3276 Palolo Terrace Pl	PALOLO	3,586	982	3	2	1947	FS	$510,000	$519.35
5372 Kalanianaole Hwy	AINA HAINA	11,926	2,499	6	3	1947	FS	$604,000	$241.70

Better To Buy While Interest Rates Are Low Or Wait For Prices To Drop?

2 years ago

by Frank in Honolulu Economy

Is it Better To Buy While Interest Rates Are Low Or Wait For Prices To Drop?

Excellent question! Let’s call the psychic hot line. I wish I knew. I think the biggest factor is the interest rates. Our local economist uses 7-year rates to make his predictions. Here is the 10-year Treasury Note: http://www.forecasts.org/10yrT.htm 5-year: http://www.forecasts.org/5yrT.htm

IF (as in capitalized if) oil prices come down to a reasonable level, AND food prices stabilize, AND we don’t have any major economic catastrophes, AND depending on the price of rice in China, interest rates may stop rising, and possibly decrease. Every time oil prices jump, Mr. Bernanke at the Fed is under pressure to raise interest rates, because everyone has to spend money to pay for gas to get to work. Everyone is spending instead of saving. Banks have to pay more for deposits too. I think we are in an oil bubble now, but that’s a sticky topic (sorry).

My point it that a 1% increase in rates will affect your buying power by between 5 and 10%. So, that $400,000 condo at 6% now with 20% down (~ $2100 per month), now costs 10% more 6 months from now with an interest rate of 7% (~ $2300/month) . Find a mortgage calculator and check for yourself.

On the other hand, more bad news in the housing market will cause more inventory backlog and prices will have to decrease, since less of us will qualify to buy! It’s a big mess.

I always tell people the same thing when they ask me when they should buy: “When you can afford it.”

Yes, you can wait and the rates may increase or you can buy now and the price of the home could decrease. Will home prices drop by 10% or will the rate go up by 1%? Call your agent as soon as you know, because I don’t know. The interest rate is the big IF. Learn as much as you can about your local market. Talk to your friendly neighborhood Realtor. Get qualified by a loan officer. Be ready to move and when you feel comfortable, get your best deal.

interest rates prices

Short Sales Honolulu to Hawaii Kai

2 years ago

by Frank in honolulu hawaii

Short Sales, Lender’s Sales, Foreclosures, Single Famly Homes, Condos and Townhouses from Honolulu to Hawaii Kai week of October 12

LH = Leasehold, not fee simple

Address	Nbrhd	Lnd Sqft	Liv Sqft	BR	FB	YB	LT	List Price
594 Kealahou St	Kalama Val	6,123	1,938	5	2	1974	LH	$350,000
2057B 10th Ave	Palolo	1,776	1,364	3	2	1960	FS	$399,000
1446 Maloo Pl	Kalama Val	3,914	1,252	3	2	1984	FS	$489,000
3276 Palolo Terrace Pl	Palolo	3,586	982	3	2	1947	FS	$510,000
2333A Palolo Ave	Palolo	5,005	1,446	4	2	1957	FS	$515,000
7739 Waikapu Lp	Kalama Val	5,597	1,674	4	2	1973	FS	$599,000
5372 Kalanianaole Hwy	Aina Haina	11,926	2,499	6	3	1947	FS	$604,000
803 20th Ave	Kaimuki	2,500	884	3	2	1978	FS	$625,000
839A 21st Ave	Kaimuki	6,098	1,334	3	2	1950	FS	$649,000
2594A Kekuanoni St	Pauoa Vall	5,780	1,820	5	3	1961	FS	$649,000
1048 Kaupaku Pl	Mariners R	8,408	2,723	5	3	1975	FS	$700,000
891 Hokulani St	Hahaione-U	8,469	2,053	3	2	1988	FS	$700,000
520 Lunalilo Home Rd 326	West Marin	0	1,648	3	2	2002	FS	$719,000
1175 Olowalu Wy	Kalama Val	5,443	2,098	4	3	1973	FS	$750,000
644A 12th Ave	Kaimuki	5,264	1,925	3	3	1970	FS	$875,000
1007 Kaluanui Rd	Mariners R	7,504	1,896	3	2	1974	FS	$899,000
1024 Kaolo St	Kamilo Nui	7,507	2,193	4	2	2003	FS	$950,000
46 Nawiliwili St	Triangle	10,185	2,658	4	2	1966	FS	$1,165,000

LH = Leasehold, not fee simple

Address	Nbrhd	Bldg Name	Int SqFt	Lanai	BR	YB	LT	List Price
410 Atkinson Dr 1115	ALA MOANA	Ala Moana Hotel Condo	297	48	0	1970	FS	$150,000
965 Prospect St 110	PUNCHBOWL	965 Prospect	758	176	2	1977	LH	$160,000
2421 Ala Wai Blvd 603	WAIKIKI	Ala Wai Townhouse	480	77	1	1973	LH	$165,000
1511 Nuuanu Ave 935	DOWNTOWN	Queen Emma Gardens	361	0	0	1963	FS	$179,000
1036 Green St 306	PUNCHBOWL	Makiki West	411	0	1	1982	FS	$190,000
1914 University Ave 208	MANOA-LOWE	University Court Apts	521	75	1	1962	FS	$195,000
1777 Ala Moana Blvd 1123	WAIKIKI	Ilikai Apt Bldg	500	0	1	1965	FS	$198,000
2345 Ala Wai Blvd 810	WAIKIKI	Fairway Villa	364	77	0	1974	FS	$199,000
445 Kaiolu St 906	WAIKIKI	Rosalei Ltd	456	90	1	1955	FS	$199,000
445 Kaiolu St 402	WAIKIKI	Rosalei Ltd	477	90	1	1955	FS	$210,000
1778 Ala Moana Blvd 3218	WAIKIKI	Discovery Bay	683	86	1	1977	LH	$215,000
410 Atkinson Dr 1308	ALA MOANA	Ala Moana Hotel Condo	301	56	0	1970	FS	$225,000
225 Liliuokalani Ave 7C	WAIKIKI	Waikiki Imperial Apts	680	0	1	1961	FS	$229,000
1415 Victoria St 907	PUNCHBOWL	Town House	534	95	1	1961	FS	$230,000
2211 Ala Wai Blvd 2610	WAIKIKI	Aloha Lani	413	0	1	1976	FS	$238,000
2452 Tusitala St PH1	WAIKIKI	Waikiki Lanais	760	191	2	1978	LH	$239,000
929 Ahana St 308	PAWAA	Belvedere	603	0	2	1964	FS	$239,000
1524 Pensacola St 314	MAKIKI ARE	Pensacola Gardens	718	132	2	1966	FS	$239,900
430 Kaiolu St 409	WAIKIKI	Kaiolu Sunrise	625	105	1	1961	FS	$249,950
1777 Ala Moana Blvd 624	WAIKIKI	Ilikai Apt Bldg	500	120	1	1965	FS	$259,000
933 Kaheka St A/102	PAWAA	Continental Apts	750	0	2	1964	FS	$260,000
1420 Victoria St 1303	PUNCHBOWL	Victoria Towers	930	0	2	1974	LH	$265,000
949 Prospect St 306	PUNCHBOWL	949 Prospect	501	46	1	1999	FS	$269,000
2572 Lemon Rd 901	WAIKIKI	Tradewinds Plaza	481	0	0	1979	FS	$275,000
430 Kaiolu St 502	WAIKIKI	Kaiolu Sunrise	625	105	1	1963	FS	$275,800
225 Kaiulani Ave 1106	WAIKIKI	Governor Cleghorn	607	55	1	1966	FS	$289,000
430 Kaiolu St 602	WAIKIKI	Kaiolu Sunrise	649	0	1	1963	FS	$297,000
2333 Kapiolani Blvd 3016	KAPIOLANI	Marco Polo Apts	824	86	2	1971	LH	$310,000
1777 Ala Moana Blvd 2027	WAIKIKI	Ilikai Apt Bldg	470	120	1	1965	FS	$325,500
876 Curtis St 2401	KAKAAKO	Royal Capitol Plaza	584	0	1	1987	FS	$330,000
410 Magellan Ave 504	PUNCHBOWL-	Magellan	865	100	2	1969	FS	$330,000
1073 Kinau St 803	MAKIKI ARE	1073 Kinau	931	56	2	1975	LH	$339,000
2611 Ala Wai Blvd 2506	WAIKIKI	Canal House	598	43	1	1975	FS	$360,000
625 Iolani St A/204	PUNCHBOWL-	Park Tower	803	233	2	1962	FS	$370,000
1910 Ala Moana Blvd 11/A	WAIKIKI	Canterbury Pl	1,270	280	2	1978	LH	$370,000
2101 Nuuanu Ave I/1107	NUUANU-LOW	Craigside	817	0	1	1981	FS	$374,000
1765 Ala Moana Blvd 394	WAIKIKI	Ilikai Marina	651	28	1	1968	FS	$375,000
400 Hobron Ln 1505	WAIKIKI	Villa On Eaton Square	681	58	1	1974	FS	$395,000
1511 Nuuanu Ave 1237	DOWNTOWN	Queen Emma Gardens	1,035	66	3	1963	FS	$399,000
555 Hahaione St 10F	HAHAIONE-L	Commodore	1,019	62	1	1982	FS	$405,000
1888 Kalakaua Ave 1106	WAIKIKI	Waikiki Landmark	799	76	1	1992	FS	$418,000
555 Pepeekeo St Unit #3	HAHAIONE-L	Village Green	1,305	120	3	1969	FS	$440,000
1765 Ala Moana Blvd 1180	WAIKIKI	Ilikai Marina	651	28	1	1968	FS	$449,000
1765 Ala Moana Blvd 1190	WAIKIKI	Ilikai Marina	651	28	1	1968	FS	$449,000
1765 Ala Moana Blvd 1480	WAIKIKI	Ilikai Marina	651	28	1	1968	FS	$449,000
520 Lunalilo Home Rd 8108	WEST MARIN	Colony at the Peninsula	1,269	109	2	2004	FS	$495,000
6370 Hawaii Kai Dr 3	WEST MARIN	Moorings	1,332	190	4	1969	FS	$519,900
415 South St MAKAI/301	KAKAAKO	One Waterfront Tower	1,470	0	2	1989	LH	$527,875
520 Lunalilo Home Rd 6102	WEST MARIN	Colony at the Peninsula	1,457	148	3	2004	FS	$535,000
123B Maunalua Ave 16	NAPUA POIN	Napua Point	1,628	47	3	1980	FS	$599,000
1298 Kapiolani Blvd II-4207	KAKAAKO	Moana Pacific	1,113	444	2	2007	FS	$699,000
425 South St MAUKA/704	KAKAAKO	One Waterfront Tower	1,470	155	3	1989	FS	$720,000
1177 Queen St 1809	KAKAAKO	Koolani	1,392	0	3	2006	FS	$874,000
425 South St MAUKA/4004	KAKAAKO	One Waterfront Tower	1,725	0	2	1989	FS	$898,888
1888 Kalakaua Ave PH3801	WAIKIKI	Waikiki Landmark	4,286	284	3	1992	FS	$2,900,000

949 Prospect Aina Haina Ala Moana Condo Ala Moana Hotel Condo Ala Wai Aloha Lani Belvedere Craigside Discovery Bay Governor Cleghorn Hahaione Hawaii Kai Ilikai Kaimuki Kaiolu Sunrise Kalama Koolani Makiki West Marco Polo Apts Mariners Ridge Moana Pacific One Waterfront Tower Pauoa Valley portlock Queen Emma Gardens Rosalei Royal Capitol Plaza Triangle Victoria Towers Villa On Eaton Square Waikiki Waikiki Imperial Waikiki Lanais Waikiki Landmark West Marina

Hawaii Real Estate and REALTOR Websites

2 years ago

by Frank in home search, real estate

Hawaii Real Estate and REALTOR Sites

Honolulu Board of Realtors

Hawaii Association of REALTORS®

Real Estate Commission Licensing Information

Search for Active Hawaii Licensees & Businesses

Department of Taxation’s Electronic Services

Department of Taxation Alphabetical Forms List

Online Real Estate License Renewal

National and International Real Estate Sites

National Association of REALTORS®

Real Estate Specialty Organizations

Appraisal

Certified Commercial Investment Member (CCIM) Institute

Certified International Property Specialist Network

Commercial Real Estate

Council of Residential Specialists (CRS) formerly Residential Sales Council

Counselors of Real Estate (CRE)

Department of the Treasury Auction Information

Institute of Real Estate Management (IREM)

Council of Real Estate Brokerage Managers (CRB)

Real Estate BUYER’S AGENT Council (REBAC)

REALTORS® Land Institute (RLI)

Resort Specialists

Society of Industrial and Office REALTORS® (SIOR)

Women’s Council of REALTORS® (WCR)

NAR Info – Careers in Real Estate

HUD Info – Fair Housing

American Homeowner Education and Counseling Institute (AHECI)

American Society of Home Inspectors (ASHI)

Association of Real Estate License Law Officials (ARELLO)

Employee Relocation Council (ERC)

HealthHouse.org

Mortgage Bankers Association of America

National Association of Home Builders (NAHB)

National Association of the Remodeling Industry (NARI)

National Board of Certification for Community Association Managers

Web site of its parent organization, the Community Association Institute.

National Trust for Historic Preservation

Real Estate Educators Association (REEA)

Hawaii Kai realtor realtors hawaii

Vanuatu Earthquake 8.0 Tsunami Advisory

2 years ago

by Frank in honolulu hawaii

Vanuatu Earthquake 8.0 Tsunami Advisory Issued for Hawaii

FINAL MESSAGE

http://www.prh.noaa.gov/ptwc/messages/hawaii/2009/hawaii.2009.10.08.001921.txt

BULLETIN

TSUNAMI MESSAGE NUMBER 3

NWS PACIFIC TSUNAMI WARNING CENTER EWA BEACH HI

219 PM HST WED OCT 07 2009

TO – CIVIL DEFENSE IN THE STATE OF HAWAII

SUBJECT – TSUNAMI WATCH CANCELLATION

THE TSUNAMI WATCH IS CANCELLED FOR THE STATE OF HAWAII EFFECTIVE

AT 0219 PM HST.

————————————————————————

TSUNAMI MESSAGE NUMBER 1

NWS PACIFIC TSUNAMI WARNING CENTER EWA BEACH HI

1218 PM HST WED OCT 07 2009

TO – CIVIL DEFENSE IN THE STATE OF HAWAII

SUBJECT – TSUNAMI ADVISORY

A TSUNAMI ADVISORY IS ISSUED FOR THE STATE OF HAWAII EFFECTIVE AT 1217 PM HST.

AN EARTHQUAKE HAS OCCURRED WITH THESE PRELIMINARY PARAMETERS

ORIGIN TIME – 1203 PM HST 07 OCT 2009

COORDINATES – 13.0 SOUTH 166.3 EAST

LOCATION – VANUATU ISLANDS

MAGNITUDE – 8.0 MOMENT

EVALUATION

THE PACIFIC TSUNAMI WARNING CENTER HAS ISSUED AN EXPANDING REGIONAL TSUNAMI WARNING AND WATCH FOR PARTS OF THE PACIFIC LOCATED CLOSER TO THE EARTHQUAKE. AN EVALUATION OF THE PACIFIC WIDE TSUNAMI THREAT IS UNDERWAY AND THERE IS A POSSIBILITY THAT HAWAII COULD BE ELEVATED TO A WATCH OR WARNING STATUS.

IF TSUNAMI WAVES IMPACT HAWAII THEIR ESTIMATED EARLIEST ARRIVAL

TIME IS 0650 PM HST WED 07 OCT 2009

MESSAGES WILL BE ISSUED HOURLY OR SOONER AS CONDITIONS WARRANT.

——————————

EARLIER TODAY

http://www.prh.noaa.gov/ptwc/messages/hawaii/2009/hawaii.2009.10.07.221752.txt

TSUNAMI INFORMATION STATEMENT NUMBER 1

NWS PACIFIC TSUNAMI WARNING CENTER EWA BEACH HI

1151 AM HST WED OCT 07 2009

TO – CIVIL DEFENSE IN THE STATE OF HAWAII

SUBJECT – TSUNAMI INFORMATION

THIS STATEMENT IS FOR INFORMATION ONLY. NO ACTION REQUIRED.

AN EARTHQUAKE HAS OCCURRED WITH THESE PRELIMINARY PARAMETERS

ORIGIN TIME – 1141 AM HST 07 OCT 2009

COORDINATES - 4.0 NORTH 122.8 EAST

LOCATION – CELEBES SEA

MAGNITUDE – 6.8 MOMENT

EVALUATION

BASED ON ALL AVAILABLE DATA A DESTRUCTIVE PACIFIC-WIDE TSUNAMI IS NOT EXPECTED AND THERE IS NO TSUNAMI THREAT TO HAWAII. REPEAT. A DESTRUCTIVE PACIFIC-WIDE TSUNAMI IS NOT EXPECTED AND THERE IS NO TSUNAMI THREAT TO HAWAII.

THIS WILL BE THE ONLY STATEMENT ISSUED FOR THIS EVENT UNLESS ADDITIONAL DATA ARE RECEIVED.

tsunami warning

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Hawaii Foreclosure and Short Sales
Hawaii Homes and Real Estate
- intersted in renting your place 3 bedroom moving in march end of march and also was wondering how much is your 2 bedroom
  Answer by Frank Diaz, MBA, RA: Hi Alger, I would be very cautious when trying to rent a place on the Internet. Do NOT send any money until someone you know has seen the place personally. This particular place lists an 866 number, instead of 808, not a good sign. If you want to call this complex directly, try http://www.apartmenthomeliving.com/apartment-finde […]
- was wondering if you still have a two bedroom aprtment avaliable at the end of march i am coming from deploying from afgan
  Answer by Frank Diaz, MBA, RA: Hi Alger, Please specify Area (e.g. neat Schofield, Pearl Harbor, etc.). The place you listed is just a mile or two from Schofield. # of bedrooms Any pets? # of parking needed Have you considered buying a place? http://www.hawaiihome.biz/2011/11/06/2012-military-housing-allowance-bah-rates-for-hawaii/ Frank Diaz (RA) MBA, e-PRO […]
- is this price for the whole 3/2bths unit or $700 for share a bdrm. with other people, Thanks
  Answer by Frank Diaz, MBA, RA: Aloha Frank and Jessie, There are several things wrong here. #1 No Unit # #2 The chances of getting a SF home in Kapolei for less than $1000 are zero #3 The agent has no phone # #4 The "agent" has no contact info I would click on the link at the bottom and flag the listing at PostLets.com http://www.postlets.com/rtpb/ […]
- hello i'm french and i would like to invest in an appartment in honolulu, but i don't know the law about foreign investors. do you have any?
  Answer by Frank Diaz, MBA, RA: Aloha Franck, Here is an article I wrote recently. It will answer some of your questions: http://www.hawaiihome.biz/2012/01/02/international-real-estate-investment-poised-to-double/ Call or email and I can give you more information. Frank Diaz (RA) MBA, e-PRO, REALTOR® East Oahu Realty 808.791.2277 direct […]
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- What information is contained in a home appraisal report?
  Answer by Frank Diaz, MBA, RA: Ask the appraiser. They will review it with you, since they were paid to do it. […]
- Is it legal for a seller to accept cash and subtract the amount from reported house price?
  Answer by Frank Diaz, MBA, RA: Nico, That's why everything should go through escrow. There are possibly things going on behind the scenes that you don't know about. What if they seller leaves and moves to Mexico or The Bahamas with your money. NOT a good idea. If I did this, I would be fired and possible lose my real estate license. Frank Diaz (RA) […]
- I never had credit and I got no credit history. I won a law suit and want to by a house. I have good income but just got a credit card i pay 1400 rent
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- How does "fractional ownership" work? Is it merely sharing a property? Whose name is on the title? Do you actually own part or all?
  Answer by Frank Diaz, MBA, RA: A few references for you: http://www.trulia.com/voices/Home_Buying/What_is_the_pros_and_cons_of_fractional_ownership_-264429 http://www.trulia.com/voices/Property_QandA/whats_this_day_fractional_ownership_do_we_own_the-85571 […]
- How does "fractional ownership" work? Is it merely sharing a property? Whose name is on the title? Do you actually own part or all?
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- Will any agent or broker list my property for a 6% commission and split it with other brokers 1% and 5% and keep 1% for themselves?
  Answer by Frank Diaz, MBA, RA: Possible, yes? Likely, no? The amount of work involved with finding a seller, researching the correct price, agreeing on a price, and listing a home is only part of it. Working with agents, buyers, reviewing offers, following up with the agents, escrow companies, etc. is a lot of work. In some cases, if you are buying a home af […]
- I lived in Fern Acres for 10 years and am very familiar with the area. Is this the beginning of anthrium? How many cross streets are we talking?
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- How hard is it to purchase a second home (coop or condo) if I plan on renting the first home to a family member?
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- How hard is it to purchase a second home (coop or condo) if I plan on renting the first home to a family member?
  Answer by Frank Diaz, MBA, RA: Yes, you can. Check with your lender or mortgage broker on how to document the income, including deposits and the lease itself. Good luck on the new purchase! Frank Diaz (RA) MBA, e-PRO, REALTOR® East Oahu Realty 808.723.0900 cell […]
- We have a property that is supposed to be active - it has not been sold and should not be expired, however, it is showing as such. Please advise.
  Answer by Frank Diaz, MBA, RA: Hi Josh, Send the link and Trulia customer service may be able to assist you. How long has it been listed? Frank […]
- How would I find out which realtor has the most sales and quickest closings in the past 6 months in the Steele Creek Area?
  Answer by Frank Diaz, MBA, RA: I agree with Ron and Dave. Faster and more is not better. Some companies have several people in a team, that crank out a dozen sales a month. It does not necessarily mean better service. Sometimes owners want to try a slightly higher price (against an agent's advice) and the listing takes longer to sell. Or, they just don […]
- Question removed
  Answer by Frank Diaz, MBA, RA: Me, We (where I live) typically change the status of the listing 4 days after all inspections are completed and disclosures have been signed. That normally only leaves a few contingencies....financing, and a survey. Good luck! […]