Kailua real estate 
Kailua real estate
There are currently 16 blog entries related to this category.
Oahu real estate market statistics - Prices up in some areas
Wednesday, November 2nd, 2011 at 7:23pm. 530 Views, 1 Comments.
While real estate in most of the country is suffering, Oahu real estate remains strong, with low inventory and many sales. While the number of sales has dropped since last year, so has the overall inventory. The number of homes for sale on Oahu has dropped 19.3% since last year, from 2,311 down to 1,866. That is only a 5.5 months supply.
A very interesting comparison is to view the sales by region. Below I list the total sales and median prices in each region, with a comparison of last year to this year. It's listed in order from highest increase in prices to highest decrease in prices (far right column).
As you might expect, the higher priced areas like Hawaii Kai, Diamond Head, and Kailua rose most in price, while the lowest priced…
This just in - High Balance loans will NOT be discontinued!
Friday, July 8th, 2011 at 2:27pm. 802 Views, 0 Comments.
Via Tim O'Leary, Honolulu Home Loans:
HUD previously had announced that Fannie & Freddie would be discontinuing HIGH BALANCE Loans. Now Fannie & Freddie have decided otherwise.
The CONFORMING Loan limit will remain at $625,500 and instead of cancelling the HIGH BALANCE, they lowered it. This is great news for the Oahu housing market, especially in higher markets like Hawaii Kai, Diamond Head, Manoa, and Kailua, where high balance loans are very common. Prices in these neighborhoods start around $700k and go up to $15 million.
The new loan limits effective 9/1/2011 are:
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Conventional Loan Limits - Starting 09/03/11 | ||||
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County |
1-Unit |
2-Unit |
3-Unit |
4-Unit |
The easiest Free iPad contest ever - on my Facebook page!
Tuesday, February 8th, 2011 at 4:53pm. 6546 Views, 37 Comments.
Aloha Tony's really easy iPad Giveaway ~ 3/31/11
3 steps to enter to win a free iPad:
Step 1: Click "Like" here.
Step 2: Login to Facebook and go to the Aloha Tony Facebook Page and click “Like”. If you’ve already “Liked” our Facebook Page, you’re already good for this step.
Step 3: Share this page on your Facebook profile by clicking the icon at the top of the post, or by cutting and pasting the URL into your FB status.
That’s It! One lucky winner who has completed all 3 steps will be chosen
at random on March 31st, 2011 and will win a FREE 16gb iPad worth $499 courtesy of ME!
**This is a social media experiment. At the beginning of this contest, my website had 10 likes, and my Facebook business…
Obama's Hawaii Vacation Begins Next Week - 30 Pictures Of The Kailua Beach House
Friday, December 17th, 2010 at 4:02am. 1930 Views, 2 Comments.
Next week, President Barack Obama will arrive in Oahu for his annual Hawaii vacation. I've had several occassions to be in the vacation home that the President rents, since I had a few interested buyers when it was for sale for $9.5 million.
This beachfront Kailua property has about half an acre right on the sand, and looks straight down Kailua beach. The house is only 4 bedrooms, 5 bathrooms, and about 5000 square feet. Not too big, considering many houses on the mainland are triple that size. The location on Kailua beach can't be beat. This will be the 3rd year in a row that the President has rented this house. Make sure to read the full post to view all 30 pictures!
Lava rock style poolside
This is the view…
Obama's $14 million Hawaii vacation rental listed for sale - Lanikai, Kailua
Saturday, December 4th, 2010 at 12:06pm. 1350 Views, 0 Comments.
It has 11 bedrooms, 10 1/2 baths, 11,684 square feet of roofed living space, and it's right on one of Hawaii's best beaches in Lanikai. This beachfront lot is nearly one acre (41,924 square feet) and has 91 feet of beach frontage.
For just $14,000,000, you can own this 1988 this resort style home, which has this large gourmet kitchen, complete with commercial style double width refrigerator, 2 dishwashers, 8 burner gas Viking range, and of course, an ocean view. There are 2 sinks, a separate butler's pantry with prep area, and wine storage.
This is one of the 4 master suites with amazing ocean views down Lanikai beach, and the 20 foot high vaulted ceilings complete with skylights to brighten up your mornings as the sun rises over the ocean.…
Poinciana Manor in Kailua - SOLD. Short sale closed after 4 1/2 months.
Friday, October 22nd, 2010 at 2:19pm. 579 Views, 1 Comments.
In June I listed this nice 2 bedroom Kailua condo at Poinciana Manor $350,000. This morning the patient buyer finally closed for $356,000, the price approved by the lender.
People always want to know how long short sales take, and the answer is apparently.... about 4 1/2 months. I've had some short sales take about 8 months, and others about 6. This is actually the fastest I have ever had one close.
To be able to buy a renovated 2 bedroom condo in Kailua town for $356,000, just a few minutes bike ride to the beach, is pretty amazing.
Congratulations to my sellers, who are thrilled to be done with this saga. Various financial difficulties meant that the short sale was their best opportunity to be get out from under a mortgage they no…
SOLD! Olomana foreclosure, $740,000
Tuesday, September 14th, 2010 at 11:35am. 360 Views, 0 Comments.
A 5 bedroom, 3 bath, 2388sqft house in Kailua for this price is uncommon to say the least. But after the bank foreclosed on it last year, it sat vacant for quite a while. I'm not sure why banks don't immediately list the properties they own, but when they finally put this one on the market, we jumped on it. Originally listed at $789,000, we were able to get it for $740,000.
The house has a nice large yard on a corner lot, and is in a great neighborhood in Kailua, called Olomana. My lucky clients with their family of 6 have now moved in and begun to transform this old house, beginning with a new kitchen and bathrooms.
Congratulations to the Edwards family on this great purchase!
Poinciana Manor - Kailua Short Sale approved in 89 days!
Wednesday, September 8th, 2010 at 3:08pm. 915 Views, 1 Comments.
3 months may seem like a long time, but when it comes to short sales, that's actually quite fast. The longest one I have done took well over a year, while the average is closer to 6 months.
This very nicely upgraded Poinciana Manor 2 bedroom Kailua condo is just a short bike ride to the beach. Listed at $350k, we are now officially in escrow for just a little above that, to close in 45 days.
How do you get a short sale approved in under 3 months? Simple: put together an awesome short sale application packet complete with a picture of the unexpected new baby and the father in his military uniform.
Even in a short sale, there are humans involved, and who can resist a baby and a soldier serving his country?
Congrats to both sellers…
Just listed - Poinciana in Kailua. 2 bed condo near the beach for $350k
Wednesday, June 16th, 2010 at 8:15pm. 493 Views, 0 Comments.
This 2 bedroom condo in Kailua is about a 5 minute bike ride to world famous Kailua beach. It's a short sale listed for $350k, and we are not doing any showings until Saturday June 26th. I have already had multiple buyers say they want to write an offer sight unseen.
In a short sale, the lender has to approve the sale price, which can take many months. The last few I have done have taken more than 6 months each. If you have the patience and about $350k (at least), then this might be a good opportunity to get into the condo market in Kailua.
It has new wood floors, a brand new kitchen including nice stainless appliances, and renovated bathrooms. You don't even need AC because there is a gentle sea breeze almost everyday in this area of…
New listing, 1816 Kilohi st for $550k - TONS of showings, multiple offers
Wednesday, March 3rd, 2010 at 12:09pm. 1137 Views, 2 Comments.
I just listed this house on Monday, and wow, the activity has been crazy. We had 2 showings the first afternoon, 5 showings the 2nd day, and already a dozen requests for the weekend.
The first offer is coming today (I'm told) and I have meetings with other clients who want to write offers as well.
Why is this house so popular? 1) It's clean. 2) It's priced under $600k. 3) It's in Kalihi Valley, located just 10 minutes from downtown Honolulu.
I have been saying it since March 2009, the market is definitely rebounding.
MLS# 1002700. 3bed 2 bath, built in 1958. 1300ft+ under roof, nice grassy yard, 2 car carport.
Just painted, cleaned up, ready to move in! New fixtures, new toilets, new lighting. Bring me an offer above…
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