Three exquisitely appointed Balinese style homes sit nestled in the lush, tropical settings of the Kahala district - Honolulu's premier community.
Kahala - Honolulu Hawaii's luxurious vacation rentals.
Whether you're a buyer, seller, or just keeping tabs on the market, these articles put up-to-date market forcasts in perspective, keeping you one step ahead.
Seasoned investors look at big picture - Experts say "there really is no bad time to buy real estate".
HONOLULU ADVERTISER August 13, 2006
BY LISA SCONTRAS Custom Publishing Group
If you think building wealth by investing in real estate is easier for Realtors to do than the average person, you might be right.
It’s not, however, because Realtors keep all the good properties for themselves or have a crystal ball. It’s because they have a plan. For John Hayama, partner and active investor investor at Prudential Locations LLC, investing in real estate was part of the reason he became a Realtor — it was part of his master plan. READ MORE
High-end properties defy cooling trends - Million-dollar market remains relatively stable.
HONOLULU ADVERTISER November 19, 2006
BY LISA SCONTRAS Custom Publishing Group
Despite predictions of declining values in the high-end markets, home sales in the million-dollar-plus category on Oahu are holding up better than expected.
Typically, luxury home sales are the lead indicator of a market slowdown. But in neighborhoods like Hawaii Loa Ridge, Kahala and parts of Hawaii Kai, sellers are continuing to open escrows at an astounding rate, according to Dolores Bediones, Realtor and partner at Prudential Locations LLC.
“The million-dollar-plus market has been doing surprisingly well,” says Bediones, who specializes in high-end sales. “What is happening is sellers who were originally pricing their homes too high, are now listening to the market and adjusting their asking prices.
Practically all of the homes that are currently in escrow got there after one or two price adjustments. Once they hit the right number, the offers started coming in.” READ MORE
Million-dollar homes more common - Multi-Million Dollar Homes - Part 1 of 2
Two-part series focuses on the increas of million-dollar homes.
HONOLULU ADVERTISER July 9, 2006
BY LISA SCONTRAS
Custom Publishing Group
Home sales in the once-rare price range of $1 million dollars or more totalled 146 in the first quarter of this year, comprising 15.5 percent of the sales activity on Oahu, according to the Honolulu Board of Realtors.
Currently, of the 4,912 properties listed on Oahu, 932 have an asking price of at least $1 million . These million-dollar listings range from an 1,861-square-foot unit at the Peninsula at Hawaii Kai, a 78-year-old single-family home in Moiliili, or a brand new 2-bedroom, 2-bath unit at The Watermark in Waikiki to a home in Makaha, which is said to be the lowest price ocean-front home on Oahu. More than half of these properties — approximately 650 listings — are under $2 million, according to research produced by the Fine Homes Division at Prudential Locations LLC, which tracks and analyzes real estate activity in the state. READ MORE