Safe to Say, The Market is Back!

There is no doubt in my mind that the Market is back!  With O’ahu median home price in the single family homes category up $742,000 and the median condo price is pushing $400K at $392,000.  Super low interest rates are still the norm and we still continue to have a tight inventory.  There are plenty of Buyers and not enough Sellers!  The new home market also can’t keep up with demand where developers are still running lotteries for potential Buyers.  We need more Sellers in our market!  If you have been thinking about selling your home, now is the time.

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WOW! Highest Median Price Ever!

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An 8.6% increase from May 2016.  The summer months are heating up activity as PCS season in full swing!  If you have been thinking about selling your home, our real estate market needs you!  There are still plenty of Buyers and these numbers prove it.  Call me today to learn about your options.

Get your Bon Bon on?

2016 O‘ahu Obon Dance Schedule 

JUNE

  • Saturday, June 4: Hawai‘i’s Plantation Village, 5:45–10 p.m., 677-0110
  • Friday, June 10: Pan Pacific Festival bon dance, 7–9 p.m. (tentative)
  • Saturday, June 18: ‘Ewa Hongwanji, 7 p.m. following 6 p.m. service, 681-5222
  • Friday, June 24 and Saturday, June 25: Honpa Hongwanji Hawai‘i Betsuin, 6–10:30 p.m., 536-7044 
  • Friday, June 24 and Saturday, June 25: Wahiawā Hongwanji, 6:30–10 p.m., 622-4320 

 JULY

  • Friday, July 1 and Saturday, July 2: Mānoa Koganji, 5–10 p.m., 988-4905
  • Friday, July 1 and Saturday, July 2: Mō‘ili‘ili Hongwanji, 6–10:30 p.m., 949-1659
  • Friday, July 2: Kāne‘ohe Higashi Hongwanji, 6:30–10 p.m., 247-2661
  • Friday, July 8 and Saturday, July 9: Hale‘iwa Jodo Mission, 8–10:30 p.m., 637-4382
  • Friday, July 8 and Saturday, July 9: Koboji Shingon Mission, 7–10:30 p.m., 841-7033
  • Friday, July 8 and Saturday, July 9: Rissho Kosei-kai Hawai‘i Kyokai, 6:30–9:30 p.m., 455-3212
  • Saturday, July 9: Waipahu Hongwanji, 7 p.m., 677-4221
  • Sunday, July 10: Seicho-No-Ie Hawai‘i Jisso Center, 12:30–2:30 p.m., 677-4221
  • Friday, July 15 and Saturday, July 16: Jikoen Hongwanji Buddhist Temple, 6 p.m., 845-3422
  • Friday, July 15 and Saturday, July 16: Shinshu Kyokai Mission, 7–10:30 p.m., 973-0150
  • Friday, July 15 and Saturday, July 16: Wahiawā Ryusenji Soto Mission, 7:30–10:30 p.m., 622-1429
  • Saturday, July 16: Kailua Hongwanji, 7 p.m., 262-4560
  • Saturday, July 16: Wai‘anae Hongwanji, 6:30 p.m., 677-4221
  • Friday, July 22 and Saturday, July 23: Hale‘iwa Shingon Mission, 7:30–10:30 p.m., 637-4423
  • Friday, July 22 and Saturday, July 23: Higashi Hongwanji Hawai‘i Betsuin, 7 p.m., 531-9088
  • Friday, July 29 and Saturday, July 30: Pālolo Higashi Hongwanji, 6:30–9:30 p.m., 732-1491

 AUGUST 

  • Friday, Aug. 5 and Saturday, Aug. 6: Waipahu Soto Zen Temple Taiyoji, 7–10 p.m., 671-3103
  • Saturday, Aug. 6: Wailaua Hongwaji, 7 p.m. following 6 p.m. service, 637-4395
  • Friday, Aug. 12 and Saturday, Aug. 13: Pearl City Hongwanji, 7–10 p.m., 455-1680
  • Friday, Aug. 12 and Saturday, Aug. 13: Shingon Shu Hawai‘i, 5–10 p.m., 941-5663
  • Friday, Aug. 12 and Saturday, Aug. 13: Soto Mission of ‘Aiea Taiheiji, 7–10:30 p.m., 488-6794
  • Friday, Aug. 19: O‘ahu Care Facility, TBA, 973-1900
  • Friday, Aug. 19 and Saturday, Aug. 20: Jodo Mission of Hawai‘i, 6–9:30 p.m., 949-3995
  • Friday, Aug. 19 and Saturday, Aug. 20: Mililani Hongwanji, 7–10:30 p.m. (625-0925)
  • Friday, Aug. 19 and Saturday, Aug. 20: Soto Mission of Hawai‘i Betsuin Shoboji, 7–10:30 p.m., 537-9409
  • Saturday, Aug. 20: Valley of the Temple Memorial Park, TBA
  • Saturday, Aug. 27: ‘Aiea Hongwanji, 7 p.m. following 6 p.m. service, 487-2626
  • Saturday, Aug. 27: Kapahulu Senior Center, 6–10 p.m., 737-1748
  • Saturday, Aug. 27: Nichiren Mission of Hawai‘i, 6–9 p.m., 595-3517

 SEPTEMBER 

  • Saturday, Sept. 3: Okinawan Festival, 5:30–9 p.m., 676-5400
  • Saturday, Sept. 10: Honbushin International Center, 6–9:30 p.m.
  • Saturday, Sept. 17: Autumn Okinawa Dance Festival at Hawai‘i Okinawa Center, 5:30–10:30 p.m., 676-5400

    O‘ahu

Should You FSBO?

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Have you ever thought of selling your home, “For Sale by Owner”? There are challenges when selling a home by yourself and you may still have to pay out a commission to another real estate agent.  The numbers reported by the National Association of Realtors say, 88% of Buyers look for their new home online and using a real estate agent can net you $39,000 or more than going at it alone.  Hmmm… I would definitely think about it first and check with professional real estate agents before sticking a sign in front of your house.

Friend or Family Members as Your Realtor

A lot of the time, I speak with people who are seeking real estate advice and they end up working with a family member or a friend because they feel obligated to work with them because of their relationship.  I don’t mind, usually.  I strongly believe the better informed people are, the better decisions they make when it comes to their real estate transactions.  I do however, become concerned for the folks who decide to work with their family member or friend and that agent is lacking in areas I believe are necessary in order to protect their client.

Here’s a quick list of items I believe an agent, besides their license, should have in their repertoire at the minimum:

Membership to the National Association of Realtors and their local board.  Ours on O’ahu is called the Honolulu Board of Realtors.  They should carry a title, Realtor or Realtor-Associate.  They should be a full-time Realtor.  Wouldn’t it be disappointing if you missed a home just because they were not available due to their full-time job outside of real estate?

At the minimum, at least one designation, either a Graduate Realtor’s Institute (GRI), or Accredited Buyer’s Representative (ABR). These designations help build an agent’s knowledge in Residential Real Estate and it strengthens their skill set.

A computer and knowledge in using applications that are provided through our membership with the local board.  Some don’t know how to use our forms program, smart card and electronic lockbox features.

At the minimum, a cell phone with texting abilities.  NOT a smartphone.  I personally believe my smartphone is the best and by far my favorite tool in my practice.  I couldn’t function properly without it!

Knowledge and understanding of our standard forms.  THIS IS A MUST!   Once I understood our standard forms, I knew then I would be able to better protect my clientele.

This is just a quick list of bare minimum items that your appointed agent should have.  So if your family member or friend don’t have any of these items on this list and it’s your first purchase or your first time putting your home on the market, interview other agents before you decide to work with them.