I hope you will find the following snapshot of local Real Estate inventory interesting and if you are already in the market exciting. The table represents aggregated values based on MLS data for the specified date.
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| If you know someone who is considering buying or selling a home, please give me a call. I will provide professional and courteous service along with knowledgeable guidance through the process. | |||||||||||||||||||||||||||||||||||
Oahu May 2017 Housing Inventory Snapshot
I hope you will find the following snapshot of local Real Estate inventory interesting and if you are already in the market exciting. The table represents aggregated values based on MLS data for the specified date.
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| If you know someone who is considering buying or selling a home, please give me a call. I will provide professional and courteous service along with knowledgeable guidance through the process. | |||||||||||||||||||||||||||||||||||
June 2017 Hawaii Featured Oahu Real Estate For Sale
Aloha! Our advertisement for the June 2017 Estates & Homes publication featuring Oahu real estate listings from EXIT Realty in Hawaii. EXIT Real Estate Associates 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 ExitRealtyHonolulu.com website in addition to Realtor.com, Trulia, Zillow, and other third party listing providers. In addition, our listings can be found on The Wall Street Journal real estate portal, The Washington Post real estate portal, The New York Times and The International New York Times real estate portals as well as other established luxury lifestyle real estate portals.
With Homes & Land our listings get exposure with more than 2,700 targeted, quality publications mailed to Oahu homes; direct distribution to industry professionals including mortgage companies, title companies, banks, coffee houses, and real estate offices; and reaches over 190 MILLION unique visitors worldwide through Internet marketing campaigns and online syndication that target Asia, Europe, Japan, India, 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.
EXIT Real Estate Associates Realtors Receive Nominations for the 2016 Honolulu Board of REALTOR® Aloha ‘Aina Award Program
REALTORS® are members of the Nation Association of REALTORS® and represent a group of real estate professionals who are bound by a strict Code of Ethics and pledge to protect and promote the interests of their Client and treat all parties honestly. In 2016, the National Association of REALTORS® had 1,233,704 members. According to a Department of Commerce and Consumer Affairs Real Estate Commission Annual Report, in 2016 Hawaii had 13,924 active real estate brokers and salespersons but only 9,063 of those brokers and salespersons were association members that adhere to the strict Code of Ethics. Of those active real estate brokers and salespersons who are association members, the majority are part of the Honolulu Board of REALTORS®, one of the largest trade organizations in the State of Hawaii with approximately 6,000 members and the largest Board of REALTORS® in the United States which is surprising when you consider the relatively small percentage of Hawaii active real estate brokers and salespersons that comprise the National Association of REALTORS® membership.
Since 1998, the Honolulu Board of REALTORS® has recognized Oahu real estate brokers and salespersons that excel in their profession and provide superb service in accordance with their strict code of ethics with the Honolulu Board of REALTORS® Aloha ‘Aina Award Program. The Honolulu Board of REALTORS® accepts nominations from the public at large which are based on service provided directly to the client involved in a transaction during that given year. Additionally, nominees are required to be in good standing with the Honolulu Board of REALTORS® and the real estate commission.
For the 2016 Aloha ‘Aina Awards Program received over 1400 submissions for 556 Oahu REALTORS® who were nominated for this prestigious award. Of this elite group of nominees ten were recognized as the “Best of the Best” at the Honolulu Board of REALTORS® Holiday General Members Meeting on December 5, 2016.
Since 2007, EXIT Real Estate Associates, formerly EXIT Hawaii Dream Realty, has consistently received nominations for Aloha ‘Aina Awards program including one winner in 2012. Nani Nikcevich (S) received the award in 2012 for showing respect of the ‘aina (land) and for her commitment and dedication to her clients with the sale of their Hawaiiana estate. In 2016, EXIT Real Estate Associations received seven nominees including Sue Connelly (R), Rebecca Fagassa (RA), Theresa Harden (R), Michael La (RA), Diana Lindsey (RA), Luise Sefika (RA), and Lien Tyler (RA).
EXIT Real Estate Associates provides the tools, training, knowledge, resources, and recognition needed to succeed as a Real Estate professional in today’s market. The unique business structure of EXIT Realty means that EXIT Associates are able to focus on the best interest of their Clients with the full support of our corporate and local office no matter the circumstance of a transaction. Our Associates are proud to be in the Real Estate profession. We believe that our responsibility is to maximize our Clients bottom line while maintaining the strict Code of Ethics. We are also proud to be members of EXIT Realty Corp. International and to be recognized by this well-regarded nomination.
Congratulations to all Aloha ‘Aina Award nominees and the award winners. You worked hard to achieve your nomination and your recognition is justly deserved.
Oahu April 2017 Housing Inventory Snapshot
I hope you will find the following snapshot of local Real Estate inventory interesting and if you are already in the market exciting. The table represents aggregated values based on MLS data for the specified date.
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| If you know someone who is considering buying or selling a home, please give me a call. I will provide professional and courteous service along with knowledgeable guidance through the process. | |||||||||||||||||||||||||||||||||||
Kuhio Village Blessing
EXIT Real Estate Associates is committed to preserving the ‘aina and Hawaiian values as well as the importance of spirituality in our everyday lives. Our company has worked hard with the Kuhio Village and neighboring communities to spread the spirit of aloha and provide for a positive and rewarding experience for all our guest, customers and clients.
The blessing of Kuhio Village by Kumu Karen Leialoha Carroll and her father was greatly appreciated by Theresa Harden, Principal Broker, and her Staff, as well as the residents of Kuhio Village. Kumu Carroll provides inner peace and guidance through her words of wisdom, her spiritual chants and prayer. Mahalo nui loa to Kumu Karen Leialoha Carroll and her father for creating an unforgettable moment and connecting us with our community.
Click on the photo to open the flickr album of pictures taken during the blessing of Kuhio Village on April 21, 2017. The blessing begins with the EXIT Real Estate Associates office and progresses through the lobby area and grounds of Kuhio Village. 
Oahu March 2017 Housing Inventory Snapshot
I hope you will find the following snapshot of local Real Estate inventory interesting and if you are already in the market exciting. The table represents aggregated values based on MLS data for the specified date.
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| If you know someone who is considering buying or selling a home, please give me a call. I will provide professional and courteous service along with knowledgeable guidance through the process. | |||||||||||||||||||||||||||||||||||
Oahu February 2017 Housing Inventory Snapshot
I hope you will find the following snapshot of local Real Estate inventory interesting and if you are already in the market exciting. The table represents aggregated values based on MLS data for the specified date.
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| If you know someone who is considering buying or selling a home, please give me a call. I will provide professional and courteous service along with knowledgeable guidance through the process. | |||||||||||||||||||||||||||||||||||
Oahu January 2017 Housing Inventory Snapshot
I hope you will find the following snapshot of local Real Estate inventory interesting and if you are already in the market exciting. The table represents aggregated values based on MLS data for the specified date.
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| If you know someone who is considering buying or selling a home, please give me a call. I will provide professional and courteous service along with knowledgeable guidance through the process. | |||||||||||||||||||||||||||||||||||
February 2017 Hawaii Featured Oahu Real Estate For Sale
Aloha! Our advertisement for the February 2017 Estates & Homes publication featuring Oahu real estate listings from EXIT Realty in Hawaii. EXIT Real Estate Associates 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 ExitRealtyHonolulu.com website in addition to Realtor.com, Trulia, Zillow, and other third party listing providers. In addition, our listings can be found on The Wall Street Journal real estate portal, The Washington Post real estate portal, The New York Times and The International New York Times real estate portals as well as other established luxury lifestyle real estate portals.
With Homes & Land our listings get exposure with more than 2,700 targeted, quality publications mailed to Oahu homes; direct distribution to industry professionals including mortgage companies, title companies, banks, coffee houses, and real estate offices; and reaches over 190 MILLION unique visitors worldwide through Internet marketing campaigns and online syndication that target Asia, Europe, Japan, India, 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.
Mortgage Bankers Association December 2016 Rate Forecast
Mortgage Bankers Association December 2016 Rate Forecast
The December 2016 Mortgage Bankers Association rate forecast for the 30 year fixed rate mortgage is showing the final quarter of 2016 ending slightly lower than previously forecast but overall closing out the year with the same 3.9 percent average rate. But that is where this forecast changes its tune to a more aggressive upward trend in the rate forecast through 2017 and 2018 than in previous forecasts while the 2019 annual orecast remains unchanged. With this month’s forecast we are seeing increased volatility in the forecast over previous month’s which suggests that change in the form of rate increases are forth coming.
Overall this forecast supports that the 30-year fixed rate mortgages have begun to meander upwards at a slightly more aggressive rate that previously forecasted with the out year rate forecast supporting the aggressive upward trend. Given the rate of increase in the average mortgage rates, the rates will remain at historically low levels for only the very near term. Overall we are still dealing with a nation wide housing shortage so we will need to keep watch to see if this aggressive pattern holds with future forecasts. We can expect fluctuations in the rate as they will not remain stagnant but will slightly deviate around the quarterly average.
As such, if you are looking to sell, you can benefit from stable prices and strong demand:
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.
And if you are buying, you can benefit from historically low mortgage rates but you need to take action now:
See available Just Listed Honolulu, Hawaii homes that are for sale right now.
So what do these rates mean if you are seeking a Veteran’s Assistance or VA home loan? The rates one actually qualifies is based on several factors including the loan program, credit score and credit worthiness. The forecasted 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 forecasted by Mortgage Bankers Association. VA home loan is a home loan guaranty program offered to Veterans, military service members and eligible surviving spouses.
CLICK HERE for more information on VA Home Loans.
Oahu Real Estate For Sale – Great Location 2/1/1 Honolulu Condo
| 750 Kaheka St #906 Honolulu, HI | ||||
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| A MUST SEE! Beautiful, secure, and CONVENIENTLY LOCATED! Walking distance to Ala Moana Shopping Center, 24/Hour Fitness, right across the street from Don Quijote, and many great dining spots! Enclosed lanai for extra living space, nice kitchen with window to living room, convenient covered parking space in secure garage, and unit just steps away from elevator. Find comfort in 24/7 video surveillance in this secured building. Perfect for a relaxing and BBQing down at the pool. Listing agent is Jodi Rementer. | ||||
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Queen’s Villa Investment Condo Fee Simple Virtual Tour
| 1459 Pele St #207 Honolulu, HI | ||||
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| Priced to sale, near Queen’s Hospital, State Capitol; lower Punchbowl area ~ quiet yet convenient to bus lines and H-1. NEW laminate flooring throughout living and bedroom area. NEW window air conditioner. NEW vertical blinds and drapes. Freshly painted, clean and neat, completed August 2016. Kitchen cabinets new in 2011. Tenant occupied, long term $1,195 monthly rent until July 31, 2017. Fee simple income opportunity awaits the savvy investor. Listing agent is Dolly Ozois (RA). | ||||
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Mortgage Bankers Association November 2016 Rate Forecast
Click Here to View the Mortgage Bankers Association November Rate Forecast
The November 2016 Mortgage Bankers Association rate forecast for the 30 year fixed rate mortgage is showing a slight upward push in the average mortgage rates for first quarter of 2017 otherwise the rates remain unchanged from past month’s forecast. The resulting effect to the annual average rates is a corresponding upward push by a mere tenth of a point for 2016. Otherwise, looking more long term at the annual average rate, the rates remain unchanged until we reach 2019 which takes a slight downward tick also by one tenth of a point.
Overall this forecast supports that the 30-year fixed rate mortgages shall meandering upwards at a slow rate while the out year rate forecast is more aggressive. Given the small rate of increase in the average mortgage rates, the rates will remain at historically low levels for the near term which is expected to have a minimal impact on the real estate market particularly with the nation wide housing shortage that we are experiencing. We can expect fluctuations in the rate as they will not remain stagnant but will slightly deviate around the quarterly average.
As such, if you are looking to sell, you can benefit from stable prices and strong demand:
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.
And if you are buying, you can benefit from historically low mortgage rates:
See available Just Listed Honolulu, Hawaii homes that are for sale right now.
So what do these rates mean if you are seeking a Veteran’s Assistance or VA home loan? The rates one actually qualifies is based on several factors including the loan program, credit score and credit worthiness. The forecasted 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 forecasted by Mortgage Bankers Association. VA home loan is a home loan guaranty program offered to Veterans, military service members and eligible surviving spouses.
CLICK HERE for more information on VA Home Loans.
Oahu Real Estate for Sale – Waikiki Turnkey Investment Studio
| 2450 Prince Edward St #303a Honolulu, HI | ||||
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| COMES FULLY FURNISHED!! SEE NEW and UPDATED PHOTOS. GREAT affordable investment property!! Nicely upgraded and furnished. The more desirable unit with 2 lanais (balconies), one off the main living area, and the other lanai is off the kitchen area. Kuhio Village II is just approximately 2 short blocks to the gorgeous Waikiki beach, close to the zoo, aquarium, restaurants and all that Waikiki offers. Building has rental office, resident manager office, ShakaTours, 24hr store, cellular store, community laundromat, and security from 7 p.m. to 5 a.m. nightly. | ||||
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Charming Waikiki 1/1 Apartment – 2 Blocks from Beach! – Video Tour
| 417 Nohonani St #312 Honolulu, HI | ||||
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| Classic Hawaiian charm in the heart of Waikiki with elevator! One bedroom condo with renovated bathroom and kitchen. One block from International Marketplace, Duke’s Lane, Luxury Row, shops, restaurants, public transportation, and 2 blocks from Waikiki Beach. Long term rentals okay with ability to do future short term rentals. Listing agent is Sue Connelly of EXIT Real Estate Associates, 808-754-5495. | ||||
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Oahu Real Estate For Sale – Newtown Estates 48-Acre Parcel Video Tour
| 98 Kilinoe Street Aiea, HI | ||||
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| Royal Summit -Part of Newtown Estates Development, A1 & P1 Zoning- Huge Parcel 82 ACRES with some infrastructure ready, & septic installed, street frontage, 2.66 acres residential-View of pearl Harbor, Includes 5700 sq. ft. home permit -foundation started. Remaining 79 acres have lots of potential, Big Beautiful Stream runs through property, Many Fruit Trees – Mango, Banana, Lychee, Tangerine, Coffee , Taro, etc. Tropical wildlife flourishes in this lush setting. Only a few minutes drive to schools, businesses & shopping in Aiea & Pearl City | ||||
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Windward Oahu 1-bedroom 1-bath 1-parking Fee Simple Apartment
| 46-255 Kahuhipa St Kaneohe, HI | ||||
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| Investment opportunity….tenant occupied until June 2017 with GREAT TENANTS. Nicely renovated unit with cool trade wind breezes. Building is secure with FOB access and residents enjoy playground, tennis courts & guest parking! MF includes Electric, Water, Sewer & Basic Cable. Great location close to Windward Mall, Windward Community College, H-3 & Likelike Hwy; 20-30 mins to military bases, Honolulu Airport, Downtown & Waikiki. Ideal for someone doing a 1031 Exchange or adding to their investment portfolio! Photos are from the move-in inspection completed June 2016. | ||||
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Palms at Waikiki Vacation Rental Cash Flow – PRICE REDUCED!
| 1850 Ala Moana Blvd Honolulu, HI | ||||
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| Located in the Palms of Waikiki, this studio unit features double beds and can accommodate 2 to 4 guests comfortably and includes desk space, 3 piece table set, mounted flat screen television, mini kitchenette, renovated bathroom and a lanai with city views. Recent renovations include new water-proof laminate flooring. The Palms of Waikiki offers fabulous amenities such as outdoor pool, exercise room, onsite security, restaurants, and concierge services. The Palms of Waikiki offers hotel pool services however this unit is earning substantial monthly income with a private management company. The list price for this turnkey investment was recently reduced to $197,000 fee simple. Call today to arrange your private showing and to review rental income details. | ||||
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33-unit Commercial Investment Honolulu
| 436 Ena Rd Honolulu, HI | ||||
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| X5- Resort Commercial Precinct – 33 Studio, 8 Story Building know as “Ena Motai” located in Waikiki Special District. 33 individual Studios, 33 bath rooms, individual a/c units and individual electric meters. 2nd Floor vacant available for restaurant or business. Existing 10 story, 20 stall vertical parking garage in rear of property remains non-operational. Close to Hilton Hawaiian Village & Ala Moana Mall, Bus Lines & Jobs. Sq Footage may not match tax record. Listing agent is Paul Dullea (B). | ||||
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