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By admin, March 21, 2012 8:11 pm

Kihei is one of Hawaii’s busiest beach towns and is located on Maui’s South Shore.  It is often called the “Gold Coast” of Maui, and has a population over 20,000, many of which work in some capacity in the area’s busy tourism commerce or in construction.  There are also several research facilities in Kihei including the Hawaiian Islands Humpback Whale National Marine Sanctuary.

Kihei has several different beaches to choose from, and its beautiful waters are a prime reason why it is such a hot tourist destination.  The beaches here are also some of the best lifeguarded beaches in Hawaii.

The architecture really started to build up around Kihei in the 1970s so it still has that time feel on the area.  Condominiums line the main streets along with shopping centers including Azeka Place and Pi’ilani Village.

There are a multitude of condos to choose from in Kihei, which allows for a variation in prices depending on the community.  Here the farther south the home is, the more expensive it is expected to be.  Homes vary in the area from those that could need a little TLC, large estates on lots of property, and to those with breathtaking views.

Condos start around $250,000 in the Kihei Kai Nani neighborhood and increase in price.  The communities of Hale Kamaole, Haleakala Shores, Maui Parkshore, and Kamaole Sands have condos starting around d$350,000.  There are also several luxurious units available that will start in around $800,000 and increase depending on the location and view available.  A newer community in the area is Kai Ani Village, and condos here start at $350,000.  Units here can be used for residential purposes or for office space.  Oceanfront properties are available at Hale Pau Hana and Maalaea Surf, and these start at $850,000 but can go over $1 million.  A neighborhood more secluded from tourists is Ke Alii Ocean Villas, and the price here is between $550,000 and $750,000.

Single family homes are also very prominent in the area.  The price range is wide and depends mostly on the condition of the home, location, and view.  Most of the lower priced homes will be in need of some repair and upgraded.  The homes listed as foreclosures or short sales will

usually be in need of some care.  Prices start at $300,000 in the neighborhood of Kenolio Mauka, and homes in the Meadowlands increase to a starting price around $450,000.  Again, further south will produce more luxurious homes in neighborhoods such as Moana Estates, Kihei Alii Kai, and Kilohana Ridge, and prices in these neighborhoods are between $600,000 and $1 million.

Kihei offers great opportunities not only for residents, but also for those seeking investment properties.  Rental properties can be really beneficial in this area.  The average price for a family home is $371,500 and for condos is $268,500.  The average number of days any type of home is expected to stay on the market is 161 days.

A great spot on the South Shore,  check out Kihei real estate.  It has the perfect option of living along the beach, and anyone seeking to live here will not have any regrets.

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By admin, April 19, 2011 2:10 am

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The Internet has become a useful tool to do anything these days. To connect with friends, family and strangers from around the world to play video games to buy food, the Internet has become a big part of our lives. No wonder, then, that the web has become a valuable tool in the process of purchasing the home of Brisbane property market.

Internet portals that have the sole purpose of advertising properties for sale or rent have increased rapidly in recent years. You can access the properties in almost all locations in the western world with these sites. You can find hundreds and thousands of properties for sale at any given time.

You are usually given the opportunity to help you find when you visit these sites. This could include the location, size and price of the property you are looking for.
After entering your preferences and begin your search will be given a list of results. The search results are displayed in the order of one of their criteria. The price is usually the criterion used by default. The search results are usually included in the highest price at the lowest price.

You can, of course, change the order of results by selecting different criteria. For example, you may want to list properties in order of number of rooms, not price. It should also be able to reorder the results. You can change the order of descending descending.
Once you have browsed through the list of properties that you can create a short list. Select the properties you want to do more research and save yourself. This way, you will not lose your data. Each property that you have preset to display the details of the Honolulu real estate agent with property listings. You can use your list to make phone calls on the properties that interest you.

The list of results change rapidly over time based on your criteria. The new properties for sale are constantly put on the market and most of them are now listed on the websites belonging. Therefore, if you do not find today all the properties that interest you, you should check back regularly.

Not all homes for sale are listed on the portal of each property. Therefore, it is worthwhile to examine the results of several different sites. Your dream home may be listed more than one site of what might be lost if you do not shop.

Conversely, some homes are listed on various websites owned. When this happens, it could mean that the seller has a hard time finding a buyer. If you find a property listed on several Web sites, you may find that you can bid low and takes the property at a lower price.

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By admin, January 20, 2011 12:32 am

Myrtle Beach real estate maintained a strong pace of home and condo sales over the last several months, just as the entire Palmetto State showed an upswing in properties sold. According to a January 15, 2011 article from The State, the number of home sales throughout South Carolina in 2010 increased relative to 2009. In the aftermath of the most recent nationwide recession, this past year marked the first time since 2006 when the number of property sales increased year-over-year. Numerically, the rise was almost negligible, edging up by about one-fifth of one percent, while the average sales price increased by less than one percent. Despite state-wide cumulative strength, there were some pockets of weakness in South Carolina, especially in the Midlands area. Coastal areas such as Myrtle Beach had a stronger showing year-over-year, although even the Grand Strand region saw a year-over-year decline in the quantity of properties sold. In Myrtle Beach, the average sales price of a single family home was $172,625 in 2010, marking a decrease of about one percent compared to 2009. The same region saw a decline in the median condominium price, which fell about six percent to $119,990. In December 2010, homes and condominiums sold for about nine percent less than they did in December 2009, which can be at least partially attributed to the influence of distressed properties and short sales on the local real estate market. The quantity of homes sold in Myrtle Beach decreased for the month of December, although it increased for the entire year of 2010. According to Myrtle Beach’s Multiple Listing Service and as reported by The Sun News, there were twelve percent more single family homes sold in 2010 relative to 2009. There were twenty percent more condominium sales in 2010, although both categories saw a slight decline over the last few months of the year.

Myrtle Beach properties saw a year-over-year decline for December 2010, decreasing in quantity by approximately four percent relative to December 2009. Condominium sales, however, actually increased by about eighteen percent over the same period. Several local experts suggested that the market would continue to improve in 2011, as price declines decreased in magnitude and the number of sales increased considerably for the region throughout 2010. Foreclosures and so-called “short sales” continued to be an integral part of the Myrtle Beach real estate market in 2010, and all indications are that the trend will continue well into next year. According to Tom Maeser, a real estate analyst for the Coastal Carolinas Association of Realtors, distressed properties represented more than thirty percent of all homes and condos sold in 2010. In addition to decreasing the average sales price for many areas, the sheer quantity of distressed sales led to a fall in appraised values for many other properties. Essentially, foreclosures are often used by appraisers in order to ascertain comparable market value for other homes in the region. If a property is sold at a sharp discount during a foreclosure or short sale, that transaction’s price will in turn serve to depress the appraised value of surrounding properties.

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By admin, July 18, 2010 2:56 am

There are many people considering the Hawaii real estate market as a way to make money in a relatively brief period of time, but there are two different types of people you can find in this field. The real estate investor is the person who continuously makes profit and places it back into the business.

Real estate investors have their own investing tactics and they base their investments on specific criteria; usually, experienced investors know exactly what trends to follow and what to ignore when it comes to the market trend, because they know that the big bucks come from their own business vision and not from the market trend.

However, many times we hear about real estate investors who make investment mistakes or fail in their investments, and people wonder how experienced real estate investors could make such important mistakes.

The truth is that these people are often not at all real estate investors, but rather real estate speculators. This is the second category of people activating in the real estate business domain, and the number of speculators is not small either.

There are important differences between these two categories of people. The most common cases of real estate speculators are people who buy a brand new home from a builder speculating that they would be able to sell the contract or flip it before settlement. There are many such cases, and you’ve probably heard or you know someone in this situation (or maybe you’re one of these people yourself).

You should know that even though there may have been people who succeeded in making a quick profit from this scheme, most of the people who try this tactic end up owning houses they never actually planned on owning.

It is true that some people manage to just walk away from the contract they signed, even if they often have to lose the money they have paid in the form of non-refundable deposits. That is the reason for which many home builders who have large inventories end up having to offer purchase incentives so that they would try and sell off some of it.

However, many of the real estate speculators who chose to complete the purchasing process not only did not recover anything from the investment they made, but they also ended up being faced with foreclosure and they had to lose a lot of money.

The main thing to remember when it comes to real estate is that speculating does not mean investing, so if you really want to make money you should learn how to make it right.

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By admin, June 21, 2010 8:22 pm

The Costa Mesa real estate market, a subsidiary of the much larger Orange County housing market, continued to have issues with high rates of foreclosure despite relatively stable median home prices. According to a June 7, 2010 article from the Orange County Register, “According to CoreLogic’s latest late-mortgage report, 8.40% of Orange County home-loan borrowers as of April are 90 days-plus late with their house payments. That’s +2.60 percentage points vs. a year ago.” The piece, composed by Jon Lansner, went on to state that “2.37% of Orange County homes were in the foreclosure process; +0.15 percentage points vs. a year earlier. 0.35% of Orange County homes were repossessed by banks as REO (real estate owned); -0.10 percentage points vs. a year earlier. Orange County 90-day delinquency rate is -3.20 percentage points vs. the state’s slow-pay rate -0.50 percentage points vs. national pace.”

The average sales price of a Costa Mesa home for sale rose along with the rest of the O.C. in the most recent tracking period, according to a June 4, 2010 piece from the Orange County Register. The piece noted that “For the 22 business days ending May 18 – DataQuick’s latest real estate buying report – Orange county saw…$440,000 median selling price that is up 12.8% vs. a year ago yet -32% below June 2007’s peak of $645,000. A median of $440,000 was last seen in Orange County in August 2008.” The article by Jon Lansner went on to state that “The most recent median is 19% above the cyclical low hit in January 2009 at $370,000 – a current bottom that was 43% below the peak. The median selling price of an Orange County single-family home is 30% less than their peak pricing (June ’07) while condos sell 37% below their peak in March 2006.”

About half a month earlier, the average home price for Costa Mesa real estate declined slightly, according to a May 18, 2010 article from the Orange County Business Journal. This piece, written by Mark Mueller, found that “Orange County’s median home price edged down $2,000 in April from March, but still stands $50,000 higher than the prices seen here a year ago.”

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By admin, June 19, 2010 8:16 pm

The Brea real estate market, a portion of the larger Orange County real estate market, continued to have serious problems with mortgage delinquency and foreclosure despite relatively stable housing prices. According to a June 7, 2010 article from the Orange County Register, “According to CoreLogic’s latest late-mortgage report, 8.40% of Orange County home-loan borrowers as of April are 90 days-plus late with their house payments. That’s +2.60 percentage points vs. a year ago.” The piece, written by Jon Lansner, continued to state that “2.37% of Orange County homes were in the foreclosure process, +0.15 percentage points vs. a year earlier. 0.35% of Orange County homes were repossessed by banks as REO (real estate owned); -0.10 percentage points vs. a year earlier. Orange County’s 90-day delinquency rate is -3.20 percentage points vs. the state’s slow-pay rate and -0.50 percentage points vs. national pace.”

The average sales price of a Brea home for sale rallied along with the rest of Orange County in the month of April. According to a May 18, 2010 piece from the OC Metro, “Orange County saw gains in its median home price and sales activity in April, compared to the same time last year, according to a new report from MDA DataQuick.” The article, written by Kristen Schott, went on to state that “The county’s median home price hit $430,000 last month, up 13 percent from $380,000 in April 2009. But, the price dipped slightly from March, when the median reached $432,000. For the six-county Southern California region, which includes Orange, L.A., San Diego, Riverside, San Bernardino and Ventura, the median rose 15 percent to $285,000 in the period, compared to April 2009. The number was unchanged from March.”

Compared to last month, however, the median home price in the Brea and Orange County real estate markets, declined slightly. According to a May 18, 2010 article in the Orange County Business Journal, “Orange County’s median home price edged down $2,000 in April from March, but still stands $50,000 higher than the prices seen here a year ago. The median price of a home sold here in April was $430,000, a less than 1% drop from a month earlier, according to San Diego-based MDA DataQuick, a unit of Canada’s MacDonald Detwiller and Associates.”

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By admin, June 18, 2010 8:12 pm

The Rancho Santa Fe real estate market, a part of the larger San Diego and Southern California housing markets, showed some signs of recovery and a few specific strengths in the first half of 2010. According to a May 17, 2010 article from the San Diego Union Tribune, “Southern California home prices remained flat from March to April, as sales shifted into May for tax-credit reasons, MDA DataQuick reported Tuesday. The median price for the six-county region was $285,000, an increase of 15.4 percent from April 2009.” The piece by Roger Showley went on to say that “As reported Monday, San Diego County’s median price slipped to $325,250, from $330,000 in March, but was up 12.2 percent from April 2009’s $290,000. Prices followed the same pattern in Orange, Riverside and San Bernardino counties – down from March but up from April 2009.”

A May 27, 2010 article in SDNN focused on the continued year-over-year rise in Rancho Santa Fe and other San Diego homes for sale. The piece noted that “In this volatile – and frequently gloomy – housing market, San Diego stands out as a metropolitan city with continued home prices, says a Standard and Poor’s/Case-Shiller Home Price Index released Tuesday.” The article, composed by Anne Subramanian, went on to state that “The study highlighted that despite many metropolitan cities reporting new index lows, San Diego boasts an eleven-month streak of increasing home prices. Of the 20 national metropolitan cities studied, San Diego’s 10.8 percent increase in home prices since March 2009 is only surpassed by San Francisco’s 16.2 percent increase. Housing prices climbed by 1.5 percent in San Diego between February and March of this year while the national trend reflects a .5 percent decrease.”

This same positive news for the previously ailing Rancho Santa Fe housing market was reported in a May 25, 2010 article from The Voice of San Diego. This article by Kelly Bennett went on to note that “There’s no doubt housing prices have come roaring back this year. New numbers released this morning showed San Diego County home prices rose again in March – marking the 11^th straight month they’ve been headed up.”

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By admin, June 17, 2010 7:37 pm

The Morgan Hill real estate market, a subsidiary of the larger Silicon Valley and Santa Cruz housing markets, saw a slight decline in some sectors in April, despite the nationwide trend towards recovery. According to a May 20, 2010 article from the Silicon Valley/San Jose Business Journal, “Bay Area home sales fell slightly below the year-ago level and remained well below average in April, according to a report Thursday by MDA DataQuick. In April a total of 7,003 homes closed escrows in the nine-county Bay Area, up 0.2 percent from 6,992 in March but down 1.9 percent from 7,139 in April 2009.” The piece went on to state that “The median price in Santa Clara County in April was $489,000, up 20.70 percent from April 2009’s median of $405,000. There were 1,656 sales, up from the year-ago period’s 1,606 sales.”

The relative strength of home prices in Morgan Hills and other portions of Santa Clara County can be at least partially attributed to lower interest rates. According to a June 3, 2010 press released from the Santa Clara County Association of Realtors, “Record-low interest rates continue to fuel the Santa Clara County housing market, boosting home prices and spurring brisk sales. The 30-year fixed-rate mortgage averaged 4.78 percent with 0.7 point for the week ending May 27, down from the previous week when it averaged 4.84 percent, according to Freddie Mac.” The piece, composed by SCCAOR President Karl Lee, went on to say that “Rock-bottom interest rates and lower housing prices make homes more affordable than they have been in years. In Santa Clara County, multiple offers are common and many properties are snapped up within a few days.”

The Morgan Hills real estate market, along with the larger Bay Area, saw a shift towards foreclosures on more expensive properties in the most recent tracking period. According to a June 1, 2010 article in the San Francisco Chronicle, “Foreclosures are going upscale across the Bay Area. Nearly 1,000 homes valued above $730,000 were repossessed by banks in the nine-county region in each of the past two years, according to a Chronicle review of public records compiled by MDA DataQuick, a San Diego research firm.”

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By admin, June 15, 2010 7:19 pm

The Rocklin housing market, a subsidiary of the Sacramento-area real estate market, showed strong signs of recovery despite a slight decline in home sales. According to a June 10, 2010 article from the Sacramento Business Journal, “Foreclosure filings in the Sacramento region, including notice of default, trustee sales notices and repossessions by banks, were down 12.53 percent in May compared with the same period one year ago, real estate information firm RealtyTrac reported Thursday.” The piece, composed by Michael Shaw, went on to note that “According to the report, 1,488 homes in the four-county region became bank owned through foreclosure sales during the month, the company said. The trend in Sacramento mirrors that in California, where foreclosure filings were down 22 percent on a year-over-year basis. The state still accounted for 22 percent of the nation’s foreclosure filings.”

The average sales price of a Rocklin real estate climbed from near-record lows along with the rest of the Sacramento area. According to a May 24, 2010 article from the Sacramento Business Journal, “Sacramento-area home prices are climbing off the mat, increasing 12.4 percent from the bottom reached in April 2009, according to a report released Monday.” The piece, written by Ron Trujillo, went on to state that “The four-county region – arguably one of the hardest hit, with an abundance of foreclosures and 35 percent-plus home prices declines – had a median-home price of $188,100 in April, compared to the so-called ‘trough’ price of $167,340 a year ago, according to the California Association of Realtors…Sacramento County was the only county in the region that enjoyed a price increase compared to a year ago.”

The Rocklin housing market did suffer from a slight decline in home sales, possibly as a result of the higher prices. According to a May 20, 2010 article in the Sacramento Business Journal, “Home sales in the four-county Sacramento region were slightly lower in April than the same month last year, according to figures released Thursday from real estate information company MDA DataQuick.” The piece, written by Michael Shaw, noted that “There were 2,873 home sales of all types, including new homes, and existing homes, and existing homes and condos, in April compared with 3,036 sales a year ago, the company reported.”

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By admin, June 14, 2010 7:14 pm

The Mesa real estate market, found in the midst of one of the hardest-hit parts of the country, showed some promising trends in the month of May. According to a June 9, 2010 article from the Phoenix Business Journal, “New research from Arizona State University shows foreclosures as a share of overall Valley homes sales are declining. The latest ASU Realty Studies report from the W.P. Carey School of Business says the number of foreclosures dropped from 40 percent of the market’s recorded activity in March to 33 percent in May.” The piece went on to caution that “Despite the decline, there is no guarantee the trend will continue. ‘Defaults and late payments are still at record levels and could be a precursor of additional foreclosures.’ said Jay Butler, associate professor of real estate and author of the report. ‘The main issues center on whether income will increase enough for people to hold on to their current homes, and whether they can maintain payments on their homes.’”

The prevalence of foreclosures amongst Mesa homes for sale declined, as more home sales in the Phoenix area were of the traditional variety. According to a June 10, 2010 article from KGUN 9 News, “A new report shows foreclosed homes made up a smaller share of existing home sales in the Phoenix area last month. The Arizona State University Realty studies report shows foreclosed homes dropped from 40% of all sales in March to 33% in May.” The piece, also released by the Associated Press, continued to state that “Butler says some homeowners may choose to walk away because their home’s value has sunk and because they owe too much on their mortgages. Foreclosures and sales of previously foreclosed-on properties still made up 60% of sales in May.”

Despite a low level of sales overall, some recent tracking indicators had positive news for Mesa real estate, according to a May 22, 2010 article from the Arizona Republic. The piece, composed by Catherine Reagor, noted that “April figures for existing-home sales in metro Phoenix reveal several promising shifts for those searching for signs of a housing-market recovery.”