Is Stagflation Coming?

These two charts really point to stagflation, where inflation goes up while the GDP declines. The Atlanta Fed slashed GDP growth to just .2% down from 14% back in May. So as the expected GDP drops, the Citi Inflation Surprise Index is going up. This points to stagflation in my opinion.

Hiding Real Estate Information From The Public

A Realtor was so upset that I displayed one photo for expired listings that they reported my website yesterday to the Honolulu Board of Realtors. Per their rules, I have to hide expired and withdrawn listing data from the public unless they sign up with me to see it. I was hiding the detail page … Read more

Categories MLS

Local Markets Up 30%+ Since Last September

I posted the local market statistics. Mililani and Aina Haina went up the most at a 36% increase since last year, but 5 other areas also were up over 30%. As long as your salary has increased around 40% since last year you are staying ahead of inflation on homes. I see a local bank … Read more

Can You Pay No Buyer’s Agent Commission?

Sellers ask me all the time is it possible to sell without a buyer’s agent and thereby pay no 2.5% buyer’s agent commission. The answer is YES. We have sold 43 homes with no buyer’s agent, which saved those sellers $667,737 in buyer’s agent’s commissions. You can read more about this option from our website.

September 2021 Oahu Real Estate Stats

2 Out of Every 3 Single-Family Homes Sell for Over the Asking Price in SeptemberYear-over-year market activity continues to mark gains, but month-to-month closed sales dip Closed sales of single-family homes and condos in September continued to outpace sales activity from the same time last year, recording 8.4% and 34.9% increases, respectively. However, sales dropped … Read more

Sold For $295,000 Over Asking

Asking $885,000 in Pearl City. Sold for $295,000 over asking. Realtor comments say there may be settlement issues. The value is in the land because the lot is 11,250 square feet with R-5 zoning so it could be subdivided and two new homes built. See this link for all the photos and details.

Categories MLS