Mineko Kawamura Hawaii Real Estate Blog » Prices

2010 Home sales off to fast start

Mineko — Wed, 03 Feb 2010 10:40:35 +0000

According to the Pacific Business News Home sales on Oahu were up in January 2010, compared to January 2009. There were 162 single-family homes sold, compared to 122 homes sold last January… a 33 percent increase. Great news, but then again, everything is relative… according to a Star Bulletin article published a year ago, experts called January 2009 “very weak” for single-family home sales.

Here’s how the numbers stack up over a 3-year span:

Single Family Home Sales
January 2010	162	+33%
January 2009	122	-46.5%
January 2008	228

Median Price
January 2010	$597,000	+11%
January 2009	$539,500	-10.1%
January 2008	$600,000

Oahu home prices the most expensive in the nation… for now

Mineko — Sat, 06 Jun 2009 10:43:06 +0000

For the first time in almost a decade, Hawaii home prices are the highest in the nation. According to experts, this is a sign that Hawaii’s real estate market is stable, compared to those on the mainland. In California’s Bay Area, the median price of single family homes dropped more than 40% compared to 1st quarter 2008 (Hawaii’s median price dropped 8% in the same period).

Luckily, we didn’t see the huge swings in our market, but economists warn that increasing interest rates may lower demand.

オアフ島不動産価格全米最高値　（今のところ．．．）
１０年ぶりくらいにハワイの住宅価格が全米で一番の最高値になった。専門家によると、これはハワイの不動産市場がアメリカ本土に比べて安定していると見ている。　カルフォルニアのベイエリアは、一軒家の中央価格が去年の第四半期に比べると４０%以上にも下落している（ハワイの同時期の中央価格下落率は８％）

幸運にも、私たちの市場は大きな反動は見られなかったものの、専門家はローン利率上昇で不動産需要が下がるだろう懸念している。

Oahu home prices fall to $555K

Mineko — Tue, 03 Mar 2009 08:23:46 +0000

February’s 160 condo sales are exactly 50% of the 320 sales of February last year. Median prices fell as well, the median price of a single family home dropped 8% to $555K compared to $599K a year ago. Condo sales dropped 11% to $297K, compared to $335K a year ago. Hard to believe, but Hawaii median prices have remained steady compared to markets on the mainland.

Click here for the rest of the story.

オアフ島住宅価格$５５万５千に
２月のコンドミニアムの売れ行きが昨年２月の３２０件から１６０件の半減。中央価格も昨年の５９万９千ドル（一軒家）から５５万５千ドル、そして３３万５千ドル（コンドミニアム）から１１%減の２９万千ドルに。信じがたい事だが、アメリカ本土の不動産市場に比べハワイはまだまだ安定している。

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Oahu home prices hit 2005 level

Mineko — Tue, 03 Feb 2009 07:50:24 +0000

The median price of a single-family home in Hawaii fell to $539,500 in January, the lowest price since 2005 according to the Honolulu Board of Realtors.“The current economic conditions are causing buyers to take a ‘wait-and-see’ attitude, as evidenced by the slow sales in Oahu’s residential housing marketing during January,” said Sandra “Sam” Bangerter, the board’s 2009 president.

Click here for the rest of the story.

オアフ島住宅価格２００５年レベル
ハワイの一軒家の中央価格はこの１月５３万９千５百ドルに下がった。ホノルル不動産協会によると２００５年ぶりの低価格。　２００９年協会会長のサンドラ　サム　バンゲーターは“現在の経済状況が購入希望者に”待ってみてから”という態度を促し１月の統計に表れているのだろう”とコメント。

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Hawaii Realtors React to 30% Drop in Home Price Prediction

Mineko — Wed, 21 Jan 2009 08:27:26 +0000

Hawaii Realtors weigh in on Economy.com’s prediction. In this story by KGMB, realtors agree that a 30% drop is too drastic. It’s predictions like these that destroys consumer confidence and creates unrealistic expectations for potential buyers.

ハワイ不動産３０％価格下落予言にリアルター反応
economy.comの価格下落予言に現地リアルターが意見した。　　３０%以上の価格下落は言いすぎとリアルターからの声がKGMB9で報道された。　　このような予言は消費者の不安感を余計にかき起たせ　購入希望者に非現実な期待を持たせてしまう。

Hawaii Home Prices Predicted to Drop 30%

Mineko — Tue, 20 Jan 2009 08:55:31 +0000

The Honolulu Advertiser article cites a national research study by Economy.com. The headline illicited response from Hawaii realtors who think this is overly pessimistic. Honolulu’s median price fell just 3% last year, and according to the Honolulu Board of Realtors, Hawaii’s inventory has remained stable. I think the most telling stat of all… In 2007, Economy.com forecast a 0.6 percent decline to Honolulu’s median home price. Instead, the median rose 2.1 percent that year.

ハワイ不動産価格３０%下落と予言　
ホノルルアドバタイザーがEconomy.comの全米調査を記事に取り上げた。この見出しはあまりにも悲観的意見だと感じているハワイリアルターをやもおえず意見させた。　ホノルル不動産協会によるとホノルルの中央価格は去年に比べて３%ほど下がっただけで、ハワイの不動産在庫数は平行線で安定してきている。　少し話題になった統計だが．．．Economy.comでは２００７年ホノルルの中央価格が０．６%下がると予言されたが、実際のところは２，１％上昇していた。

$1,000 Homes for sale!

Mineko — Fri, 09 Jan 2009 08:45:13 +0000

Can the real estate market get so bad that banks are practically giving homes away? According to this article in Yahoo, foreclosures have turned banks into property management companies and it’s often cheaper for them to give these homes away rather than try to get market value for them.

A lot of these homes were listed and re-listed, or were previously put up for auction but didn’t sell. And many of them are “fixer-uppers,” and buyers will be required to make repairs and bring the houses up to code. But still… $1,000 is a great deal.

$１，０００の物件
銀行が不動産物件投売り？！　信じられますか？　　ヤッフーの記事によると、フォークロージャーブームのため銀行が住宅管理会社化しつつあり、銀行にとっては投売りした方が安くつくことがあると書かれています。
その多くの物件は市場に何度も載せられ、競売でも売れなかったもの。　そしてほとんどが住めるようにするために修理が必要。　それにしても　＄１，０００とはすごいですね。

Oahu Housing Prices in 2008 Were Stable!

Mineko — Wed, 07 Jan 2009 08:40:48 +0000

According to Honolulu Board of Realtors, the Oahu home prices in 2008 were fairly stable. If you compare the median price for single-family homes in 2008 and 2007, the median price in 2008 ($624,000) dropped only by 3 percent from 2007 ($643,500). When you do the same comparison by month, December’s median price in 2008 ($626,500) has actually risen by 3 percent from December 2007 ($610,000).
Read Pacific Business News article

２００８年オアフ島不動産価格平行線？!
ホノルル不動産協会の統計によると　２００８年オアフ島で実際に取引された不動産売買価格の大きな変動は見られず、そこそこ平行線だったことがわかった。２００７年と２００８年の一軒家中央価格を比べると、２００８年は（６２万４０００ドル）２００７年（６４万３５００ドル）に比べ３％下がっただけで　同じように月々で調べると、２００８年１２月は２００７年１２月と比べて３％上昇していた（２００８年６２万６５００ドル、２００７年６１万ドル）
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