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Greetings!
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 fun prizes. We're doing our annual survey this month where we find out what you love about real estate service. Fill out this survey by March 2nd and be entered to win a $100 gift card to any store or restaurant of your choice. Last year's winner was Cy Shimizu and this year it could be you!
Holiday Trivia: What percentage of valentines cards are purchased by women? (See Answer At Bottom)
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2012 Real Estate Service Survey
| We are always striving to improve our understanding of your needs. Each year we publish this real estate service survey so that we can tailor our products and services to the way you do real estate. Please take 5 minutes to fill out this online survey and you will be entered to win a $100 gift card to any store or restaurant of your choice. Feel free to forward this to a friend to give them a chance to win. Should you have any suggestions on this survey or things you would like to see improve please contact us anytime. Thank you for your participation and support! |
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First Time Home Buyer Seminars
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February 2012 Real Estate Update
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During January, sales of 175 single-family homes and 270 condominiums were reported through the Board's MLS, a decrease of 12.1 percent and an increase of 1.9 percent, respectively, for single-family homes and condominiums from January 2011. The median price paid for island properties in January was $618,900 for single-family homes and $305,000 for condominiums, increases of 8.6 percent and 1.9 percent, respectively, compared to the same month last year. According to the Days on Market indicator, sales for single-family homes closed at a slower pace last month compared to a year ago with singlefamily properties listing for 50 days, up from 38; condominiums closed at a quicker pace, listing for 45 days, down from 49.
"January's numbers are extremely encouraging and it's great to be able to start off the New Year with positive signs of market recovery," said Joe Paikai, president of the Honolulu Board of REALTORS®. "For the last five months, we've seen a steady increase in the median cost of single-family homes and higher-end condos are also moving well. In fact, 16 percent of condos sold in January surpassed the $500,000 price range."
For previous market updates click here.
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Trivia Answer: Women purchase 85% of all Valentine's Day cards.
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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New Prudential Mobile App
Search for properties statewide.
See homes for sale around you.
View color photos.
Search open houses.
Select one of us as your agent.
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91-335 Hoowalea Pl Open (2/26) 2-5pm A garden oasis in Prescott by Gentry with spacious back yard, beautiful landscaping and relaxing patio area. The home is a popular Mokihana model featuring vaulted ceilings, central A/C, separate laundry area and an open kitchen design. The upgraded flooring, outdoor jacuzzi, sprinkler system, and finishing touches enhance your enjoyment of island style living. Minutes to schools and parks.
Wilder at Piikoi Penthouse 3
Open (2/26) 2-5pm
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.
Waikiki Tradewinds #1001
Open (2/26) 2-5pm
Prime location on the Diamond Head side of Waikiki minutes walk to the beach, Kapiolani Park and popular shops and restaurants. Remodeled with new carpet, flooring, appliances, vanity, fixtures and paint. Well managed building with secure entry and gated parking. If tax class is changed from Hotel & Resort to Non-Homeowner property tax can be reduced.
626 Aipo St.
Expanded single level home with fully insulated double wall construction. Located towards the ends of a quiet cul-de-sac. Completely remodeled kitchen and baths, new vinyl windows, newer laminate flooring and carpet. Spacious living area with large master bedroom and walk in closet. Exceptionally large garage space provides ample storage.
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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