More than 200 people testified Wednesday before the City and County of Honolulu’s Planning Commission on the second day of public hearings for a bill that would implement more regulations for short-term rentals. Theresa Harden’s testimony compelled multiple follow-on questions from the commissioners and resulted in a 1-hour phone conversation with a commissioner the day following her testimony. The video is Ms. Harden’s compelling testimony.
Theresa Harden (R) is the Principal Broker for Hawaii Dream Realty LLC. Hawaii Dream Realty LLC is an independent and licensed real state brokerage founded in 2007, is located in the heart of Waikiki, and specializes in sales, marketing, exchange and management of investment properties.
As we head into Labor Day, we hope you’ll find some time to relax over the long weekend. As much as the holiday today has come to symbolize the end of summer, it began with an effort by the American labor movement in the 1800’s to ensure safe working conditions and living wages. In that spirit, we honor the contributions workers make to the strength and well-being of our country. It’s the commitment and drive of our fellow citizens that helps make our nation great.
Hawaii Dream Realty is a Veteran Owned Business. We extended the warmest wishes with this greeting from our Principal Broker and thank those who served and still serve, and to all those who support our Warfighters. Thank you and God bless all.
Mortgage Finance Forecast for August 2021
Advancing Mortgage Forecast
Our last review of the Mortgage Finance Forecast occurred in January 2021 and suggested that the historically low mortgage rates of the past were behind us. As we move into the second quarter of 2021, the forecast holds however our mortgage rates have fallen for a third consecutive week as of April 22, 2021, and are currently below the rate from one year ago. The forecast has rates averaging 3.4 percent by the end of June 2021 which means that the rates we are currently experiencing need to jump in order for the average to reach 3.4 percent. Likewise by the end of 2021, the average rate is forecast to be 3.7 percent which means rates are expected to exceed 3.7 percent for some period of time before the end of 2021.
The mortgage rate graph depicts a steady decline during the past 40 years. The graph was from a housing and economic recovery webinar presentation prepared for the Hawaii Association of Realtors by Dr. Paul Brewbaker, a respected and renown local economist. Click Here if you would like to view a full recording of the webinar.
Register on www.invest808.com to receive the Housing Inventory Snapshot to follow the market trends. The Housing Inventory Snapshot is also posted to our blog however in order to receive the monthly trends you must register on the website.
Check out how much your home is worth based on local home values in your neighborhood. Simply enter your address and see what is available in your neighborhood.
See available Just Listed Honolulu, Hawaii homes that are for sale right now.
VA Home Loans
So what do these rates mean if you are seeking a Veteran’s Assistance or VA home loan? VA home loan is a home loan guaranty program offered to Veterans, military service members and eligible surviving spouses. The rates one actually qualifies is based on several factors including the loan program, credit score and credit worthiness. The forecast rates are only intended to provide you with insight into what the market considers as the overall average rate for the given period. You must check with your financial institution to find out what rate you qualify and in some cases that rate may be lower than what you see forecast by Mortgage Bankers Association.
Ocean Side Hanohano Hale Penthouse For Sale
1 Full Bathroom
Interior: 358 sqft
Year Built: 1973
MLS #: 202104619
53-549 Kamehameha Hwy
Hauula, HI 96717
Aloha! Our advertisement for the March 2021 Estates & Homes publication featuring Honolulu real estate listings from Hawaii Dream Realty LLC. Our company is proud to have partnered with Homes & Land to market properties for sale. Homes & Lands print media compliments our online sales and marketing provided through our own www.Invest808.com website in addition to Realtor.com, Trulia, Zillow, and other third party listing providers. Our listings can also be found on The Wall Street Journal real estate portal, The Washington Post real estate portal, The New York Times and The International Herald Tribune real estate portals as well as other established luxury lifestyle real estate portals.
Homes & Land is not just a magazine, it is a fully integrated marketing program including a printed magazine distributed locally and worldwide and online giving our listings increased local exposure beyond the Multiple Listing Services. With Homes & Land our listings get exposure with more than 2,700 targeted, quality publications mailed to Oahu homes; exposure through 101 street magazine boxes all over the island; direct distribution to industry professionals including mortgage companies, title companies, banks, coffee houses, airport lounges, golf courses, hotels, and real estate offices; and reaches over 200 MILLION unique visitors worldwide through Internet marketing campaigns and online syndication that target Asia, China, Korea, Europe, Japan, Canada and Latin America.
You can find our advertisements on the back cover in the current issue as well as past issues. Contact your Realtor if you have any questions about any of the properties appearing in any issue of the Estates & Homes publication.