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Greetings!
 Happy New Year! Thank you for reading our monthly e-newsletter. Like our facebook page and suggest it to a friend. You'll be informed about the latest real estate news and will have a chance to win a Baby Awearness gift card! Enjoy this month's newsletter on new projects in West Oahu.
Holiday Trivia: When is Chinese New Year celebrated? (See Answer At Bottom) |
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The Trades are one of Gentry's newest subdivisions close to Hawaii Prince Golf Course in Ewa. Prices start in the $500,000's and there are four different floorplans to choose from ranging 1,100 SF to 1,300SF. The energy saving features include dual paned vinyl windows, solar heating system and Icynene insulation. The 9' ceilings in all living room areas provides a spacious feel. |
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Kahiwelo at Makakilo |
Kahiwelo at Makakilo is a fairly new development featuring 474 one and two story single family homes with three to four bedrooms. You still can take advantage of all the amenities included in this development, including very large lots of 5,000 sf and beautiful mountain and ocean views and, of course, well built homes with high quality materials and many energy efficient add-ons. |
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Ka Makana at Hoakalei |
The Ka Makana at Hoakalei, an ongoing project in Ewa Beach, is a 2009 Parade of Homes Division award winner. The project is also the winner of various other awards, including several Hawaii Built Green, 3 Star awards. This is the first village of the Hoakalei housing project featuring 894 single family homes and town houses with three to five bedrooms, many with a den and . Ka Makana at Hoakalei will be surrounded by the Ernie Els signature golf course, with some premium homes with course-side views.
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January 2012 Real Estate Update |
 During December, sales of 268 single-family homes and 333 condominiums were reported through the Board's MLS, a decrease of 14.1 percent for single-family homes and a decrease of 6.5 percent for condominiums, compared to the same month last year. This brings total single-family home sales on Oahu to 2,974 for the year of 2011, a decrease of 2.7 percent over one year ago. Total condominium sales through December were 4,029, a 1.3 percent increase from last year. The median price paid for island properties in the year of 2011 was $605,000 for single-family homes and $285,000 for condominiums, an increase of 3.4 percent and a decrease of 6.5 percent, respectively, from December 2010. According to the Days on Market indicator, single-family home sales closed at a faster pace last month compared to December 2010 listing for 35 days, down from 38. Condominiums closed at a slower pace last month compared to December 2010 listing for 52 days, up from 43.
"Although home and condominium sales for December 2011 took a small dip compared to last year, we are seeing prices rise for single-family homes," said Joe Paikai, newly-elected President of the Honolulu Board of REALTORS®. "We've also noticed that particular neighborhoods have made significant jumps in sales compared to last year. This is a good sign for Honolulu as a whole; we expect to see this rise in sales spread as the economy continues to recover." |
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Trivia Answer: Chinese New Year starts with the new moon on the first day of the new year and ends on the full moon 15 days later.
In this market there are many questions regarding changes in lending programs, tax incentives, and distressed properties. It's one thing to read about them in the news, but another to find out how these issues personally affect you. We'll be glad to have a complimentary consultation where we can discuss your current real estate needs.
As always, thank you for your support and graciously referring your friends and family.
Sincerely,
Choice Team |
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Technology Corner | |
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Open House Sunday 2-5pm
Prime location close to Kahala Mall with easy freeway access and in Wilson Elementary school district. This home requires renovation and your own personal touch. Walk through and imagine the possibilities.
Wilder at Piikoi Penthouse 3
Rarely available penthouse unit with panoramic views of Punchbowl, Diamond Head and Honolulu city lights. The open layout and 10' ceilings allow for an abundance of natural lighting. Excellent cross ventilation will keep you cool. Newer wood flooring and well maintained counters and cabinets.
92-355 Akaula St.
Enjoy the coastline and city view from the wrap-around lanai. Mauka breezes help keep the house cool. This single family home comes with a possible workshop or storage area. Lots of room for expansion. Great for first-time home buyer.
Waikiki Sunset #901
Well maintaned corner unit with mountain views. Enjoy an afternoon on the recreation deck complete with pool, bbq grills, & tennis court or relax on your lanai with the cool mauka breeze. Can be owner occupied or managed in Aston Hotel's rental pool. Minutes walk to Kapiolani Park, the Zoo, or Waikiki beach. A pet friendly building. |
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