NEW SUSHI RESTAURANT

YOHEI SUSHI KAHALA

New Omakase Sushi Restaurant OPENED at Kahala Market.

Great Services and foods ok.  

May 12, 2024

Housing Market Update Apr 2024

A Closer Look at the Real Estate Market:

April’s Performance

April brought a wave of positivity to the real estate market, with significant growth in both single-family home and condo sales.

Single-Family Home Sales

Single-family home sales saw a 26.0% year-over-year increase, totaling 262 transactions. This represents a 13.9% rise month-over-month. The median sales price for single-family homes rose by 10% year-over-year, remaining steady at $1,100,000. The average sales price also saw an upswing, with a 15.2% increase, settling at $1,408,991.

 

Condo Sales

Condo sales followed a similar upward trend, with a 2.6% rise year-over-year, resulting in 431 units sold. This was accompanied by a substantial 25.3% increase month-over-month. The median sales price of condos rose by 5.6% year-over-year to $528,000, while the average sales price saw a modest 2.3% increase, reaching $617,664.

 

Market Sentiment

Despite uncertainties surrounding the potential reduction of interest rates by the Federal Reserve, the market sentiment appears to be recovering. Buyers and Sellers moved quickly on single-family homes in April, with the number of days on the market decreasing to 17 days from 31 days in the previous month.

 

New Listings and Inventory

New listings showed positive growth, with 349 new single-family home listings and 656 new condo listings, up 19.5% and 23.3%, respectively. Active inventory gained a modest 6.4% for single-family homes and 5.6% for condos compared to the previous month.

 

Posted in Market Updates
March 8, 2024

Housing Market in Oahu in Feb 2024

February 2024 marks a notable surge in activity within the Oahu housing market!

Both single-family homes (SFH) and condos (CON) are demonstrating consistent sales, with 179 SFH and 334 CON sold.

Housing Price

Of particular interest are the significant year-over-year increases in median sales prices, with SFH rising by 8.9% to $1,075,000 and CON by 6.8% to $512,500.

While SFH average sales prices show a slight uptick at 0.7% to $1,437,693, CON experienced a modest decrease of 2.0% to $580,274.

Excitingly, new listings have seen a substantial boost, with SFH listings up by 26.6% to 295 and CON listings up by 15.1% to 533 compared to the previous year.

There's continued interest from buyers in Asia and the Mainland, alongside a noticeable trend of individuals from Maui exploring properties on Oahu post the recent fire in Lahaina.

Furthermore, Federal Reserve Chair Powell's statements reinforcing the likelihood of rate cuts this year.

Interest Rate

20242月、オアフの住宅市場が活発化しています!

戸建住宅(SFH)とコンドミニアム(CON)共に安定した売却数を示しており、SFH179戸、CON334戸販売されました。

特に注目すべきは、中央値の売却価格が前年比で大きく増加しており、SFH8.9%増の1,075,000ドル、CON6.8%増の512,500ドルです。SFHの平均売却価格は微増の0.7%で、1,437,693ドルになっていますが、CON580,274ドルで2.0%減少しています。

chart

新規リスティングは大幅に増加し、SFHリスティングが前年比26.6%増の295CONリストが15.1%増の533になっています。

アジアと本土からのバイヤーの関心が続いており、また、最近のラハイナの火事後、マウイからの人々がオアフの物件を探している傾向もみられます。

さらに、連邦準備制度(Fed)のパウエル議長が今年の金利引き下げの可能性を強調する発言は、市場の関心をさらに刺激していると思われます。

Posted in Market Updates
Feb. 2, 2024

House Hunting VS Dating?

I saw the article on Sunday's paper, Star Advertiser,

"House Hunting can be like Dating".

              VS   

Finding your dream home can be very similar with discovering your ideal partner.  

1)  What you see online isn't always what you get.  Especially with today's tech and photos can be misleading.

2) Do your own thorough research.  Even you fell in love with a property or someone,  you may want to check the back ground of the property or the person.  For property you want to check neighborhood, community and etc... for the person, you want to see, where she/he came from, relationship with one's family, interests and etc....

3)  You know what you want but be prepared to make some compromises.  You may want to make a wish list while you are looking for your dream home. But it is very important to be realistic and open-minded.  It would be very fortunate you find 100% perfect property or perfect partner.  

4)  You can't rush such a big decision.  Take your time, explore different options and don't settle for something that doesn't feel right.  

5)  Ask your family and friends for advice.  When it comes to dating, we ask advice from your friends or family.  House is the same. 

6)  Don't Judge a book by its cover.  When you look at a property, you may don't fall in love with the house but try look at the house from multiple different angles. The home probably have more valuable aspects.  For instance:  views, neighborhood, location, community, neighborhood.  It is similar to get to know better your new partner if she/he are honest, having sense of humor, intelligent, habits and etc.... 

Don't you think this is great way to find your dream home in Hawaii?

You can redesign the home but can't change the house with what surrounded.

 

あなたのハワイアン・ドリームホーム探しが恋愛に似ている理由 

日曜日のスターアドバタイザーの記事、「家探しはまるでデートのよう」を見て、なるほどと思いました。夢の家を見つけるというのは、理想の相手を探すことに驚くほど似ているのです。

1. 見た目だけがすべてではない。特にテクノロジーが発達した今日、オンラインで見かける写真は実際の姿とはかけ離れていることも少なくありません。

2.プロパティも人物も、まずはしっかり背景を調べることが大切です。物件なら近隣環境やコミュニティ、人ならどんなバックグランドがあるか、趣味、その相手の事をもっともっと知りたくなりますよね。家もそうです。いいなと思ったけど色々深く見ていったらちょっと違ってたなんてこともあれば、逆の場合もあるはず。期待よりもっと魅力があったり。

3. 希望は持ちつつ、柔軟さも意識して。 夢の家を探すとき、誰しも「これだ!」と思う物件に期待するでしょう。しかし、現実的で柔軟な姿勢も忘れてはいけません。100%完璧な物件やパートナーに出会うのは、とてもレアかも知れません。

4. 急がばまわれ。人生の大決断ですから、焦らず時間をかけてください。さまざまな選択肢を吟味し、直感に合わないものは選ばないようにしましょう。

5. 周りの信用できる家族、友人の意見を聞いてみましょう。恋愛相談をするように、家探しでもアドバイスをもらってみましょう。

6. 一目惚れしなかったとしても、違う角度から眺めてみてください。素晴らしい眺望、素敵な近隣環境、便利なロケーション、活気あるコミュニティなど、隠れた魅力があるかもしれません。これは、誠実さ、ユーモアセンス、知性、習慣など、パートナーの内面を知ることに似ています。

ハワイでの夢の家探しに、恋愛という視点は素晴らしいアプローチだと思います!家は改装できますが、周囲の環境は変えられません。だからこそ、慎重に選ぶことが大切なのです。

 

Posted in Buying a Home
Jan. 8, 2024

Pray for Japan

I'm so sorry to hear about the devastating news from Japan on New Years Day. Natural disasters can have profound and tragic impacts on communities. Our thoughts and prayers for the people affected by the earthquake and tsunami. Wishing for their access to essential resources like food, warm clothes, and blankets.

家族、友人達に囲まれて楽しいクリスマス、大晦日を迎えていましたが、元旦に北陸で大きな地震が起きたことを聞き本当に悲しかったです。想像がつきません。きっと家族で元旦を祝っていた最中の出来事だったと思います。災害に遭われた方達に早く十分な食料、温かい服、毛布が届けられますように。一日も早く穏やかな生活に戻れますように。

 

Posted in Monologue / ?????
Jan. 8, 2024

Oahu Real Estate Market for 2023

Honolulu Residential Real Estate Market for 2023!

 

SFH (Single-Family Home) sales falling 26.3% and Condo sales falling 28% in 2023 YTD-2022.

It's interesting to note that despite the decrease in the number of sales in the Hawaii real estate market in 2023, the sales prices managed to maintain stability, with only modest dips in median prices. The median sales price for single-family homes remained above $1 million, finishing the year at $1,050,000, representing only a 5% decline. Additionally, the median sales price for condos was $508,500, reflecting a marginal 0.3% decrease.

A significant increase in mortgage interest rates can indeed have a substantial impact on the 
real estate market. Such a rapid rise, from 3% to over 7% in just a year, led to various
consequences for the Hawaii real estate market in 2023.

 

Sales数が減少したにもかかわらず、物件価格は維持されたことは興味深い点です。提供された情報によれば、シングルファミリーホームの中央価格は100万ドルを超えたままで、年末には105万ドルで、わずか5%の減少にとどまりました。一方、コンドミニアムの中央価格は508,500ドルで、わずか0.3%の減少となりました。

住宅ローン金利の大幅な上昇は、不動産市場に重大な影響を与える可能性があります。たった1年で3%から7%以上に急激に上昇することは、2023年のハワイの不動産市場にさまざまな影響をもたらしました。

 

Posted in Market Updates
July 31, 2017

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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

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We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates