The numbers don’t lie — and they paint a sobering picture for anyone who invested in Chinese real estate over the past two decades. According to the Bank for International Settlements data tracked by FRED (Federal Reserve Economic Data), China’s real residential property prices (inflation-adjusted, indexed to 2010=100) have collapsed back below their mid-2000s levels. … Read more
For decades, the standard path to building generational wealth in America was straightforward: save up a nest egg, secure a fixed-rate mortgage, and buy a home. It required discipline, but the math worked for most middle-class households. Today, that mathematical equation has completely broken down. A perfect storm of exploding asset prices and aggressive monetary … Read more
For decades, homeowners looking to upgrade or downsize have faced the same stressful dilemma: Do I sell my current home first, or try to buy my next home first? If you sell first, you risk being temporarily homeless or forced into a double move. If you buy first, you might get saddled with two mortgages, … Read more
The latest data shows that existing home sales have plunged to an annualized rate of 4.09 million, nearly matching the lows of February 2009. For those who remember the Great Financial Crisis, that year represents the “bottom” of the most significant housing crash in modern history. Back then, the market was flooded with foreclosures and … Read more
Zone What it is (Plain English) Is Insurance Mandatory? Zone X Low-to-Moderate Risk. The “Safe” zone. Most of Kailua is here. Not in the 100-year floodplain. NO. Lenders cannot require it. Policies are very cheap (optional). Zone A High Risk. You are in the 100-year floodplain, but FEMA hasn’t calculated exactly how deep the water … Read more
If you’re trying to sell your home right now, brace yourself: this is shaping up to be one of the most difficult markets for sellers in U.S. history. A staggering $698 billion worth of home listings are now sitting on the market nationwide — the highest total ever recorded since Redfin began tracking the data … Read more
First, I want to emphasize that we have the expertise to sell homes. Since 2020, we have sold more listings than any other agent on Oahu. We have sold over 100 more home than the third-ranked agent. When it comes to selling your home, there’s no factor more important than price. Pricing your home correctly … Read more
When you choose a flat fee listing, like my $3,500 service on Oahu, you save big compared to traditional real estate commissions. Here’s why: No Percentage-Based Commission: Traditional Realtors typically charge 2.5-3% of your home’s sale price. For a $1,000,000 Oahu home, that’s $25,000-$30,000. With a flat fee of $3,500, you keep $21,500-$26,500 in your … Read more
Aloha OahuRE.com Client, As you probably know through the news, the National Association of Realtors has reached a settlement where buyer’s agent commissions will now be negotiated for all offers. As of August 12, 2024, our MLS will remove any offer to the buyer’s agents to pay a commission, and going forward, there will be no … Read more