Making a Powerful Offer in Oahu without Offering Above Asking
HI Estates
by Scott Startsman
1w ago
Buying a home in a competitive real estate market like Oahu can be intimidating, especially if you want to stick within a strict budget. If you're looking for ways to make a powerful offer without offering above the asking price, either because you cannot or because you do not prefer to, there are other things you can use to negotiate and make your offer stand out. We can help you find homes for sale on Oahu that meet your needs and your budget, and guide the process of crafting an offer that is attractive to the seller. Contact us any time to learn more, and keep reading for our tips to nego ..read more
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How to Make a Competitive Offer on a Home in Oahu
HI Estates
by Scott Startsman
2w ago
It's no secret that Oahu is a consistently competitive real estate market, with an inherently imbalanced supply-demand dynamic thanks to the desirability of the island and its limited space. If you are preparing to buy a home on Oahu, there are a few things you can do to be prepared to make a competitive offer that stands out in a multiple-offer scenario (which are common in this market). First, you need a real estate team with local expertise and a strong professional network. We bring that and more to the table, so contact us any time to learn more about homes for sale in Oahu and how we ca ..read more
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Oahu Short-Term Vacation Rentals - An Overview Heading Into 2024
HI Estates
by Scott Startsman
3w ago
Owning a vacation rental on Oahu can be a very sound investment. Not only can you capitalize on the incredible demand for short-term housing on the island from visitors and tourists alike, but you also have the flexibility to live in the unit and enjoy life in Hawaii. It all sounds great in theory but like any investment, you must approach it with a clear plan in mind.  Short vacation rentals work a bit differently on Oahu than on the mainland. They’re only allowed in very specific areas. If you buy a property anywhere else, you may not be able to offer short-term rentals. That’s why it ..read more
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How to Get the Best Deal Buying New Construction Projects on Oahu
HI Estates
by Scott Startsman
1M ago
There’s a reason why you’ll find some of the best new development projects in Hawaii on Oahu. It’s a great place to live, work, and raise a family. You’ve got a bustling metropolis with every modern convenience imaginable, an international airport with direct links to major destinations, great schools, and some of the most pristine beaches on the planet with year-round tropical weather.   It’s this perfect blend of modern living with the island lifestyle that makes so many people want to call Oahu their home. Developers are stepping up and catering to that demand with incredible new cons ..read more
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Buying a Home in Oahu to Rent to Family
HI Estates
by Scott Startsman
1M ago
Investment properties in Oahu are a no-brainer. With steady demand from both tourists and long term tenants, and a historically strong real estate market, Hawaii is one of the best places to buy an income property. One popular strategy is buying an income property with the intention to rent out to family. For many, this seems like a great way to know who your tenant will be and avoid the potential pitfalls from renting out to someone who won't respect the lease agreement or the property itself. While this scenario combines the benefits of real estate ownership with the opportunity to provide ..read more
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Oahu Real Estate Market Report for January 2024
HI Estates
by Scott Startsman
1M ago
Aloha and welcome to the Oahu Market Report for January 2024, brought to you with List Sotheby's International Realty. As we start the year, we're already witnessing a significant uptick in market activity. Let's delve into the numbers and discuss what's happening in the marketplace. Jump To | Inquire Now | Single-Family Home Stats | Condo Stats There's been a noticeable shift in the market, primarily driven by the recent decrease in mortgage interest rates. Over the last two months of the previous year, rates fell from 8% to just under 7%. This change has spurred a considerable increase in b ..read more
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Why You Should Invest in a Condo as a Vacation Rental Property
HI Estates
by Scott Startsman
1M ago
Buying a vacation rental property in Hawaii is a smart investment almost any way you slice it, with a historically strong real estate market and steady demand from tourists all year round. As you create your strategy and set your investment budget, consider the benefits of buying a condo in Oahu rather than a house. Whether it's a new construction condo or an existing property, there are quite a few reasons to choose a condo instead of a single family home (especially if you won't be living on the island full time). To learn more about condos for sale on Oahu, contact us any time. If you ..read more
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Why Do I Need an Inspection to Buy a New Construction Home?
HI Estates
by Scott Startsman
2M ago
Hawaii is a great place to buy a new construction home. While the idea of purchasing a brand-new home may lead some buyers to assume that inspections are unnecessary, the reality is quite the opposite. Having a comprehensive inspection conducted on a new construction home is a critical step in the home-buying process. To learn more about new builds for sale on Oahu, contact us any time. We have years of experience on the island and great relationships with many of the developers in the area. Before you buy a new construction home, make sure you understand the importance of an inspection even ..read more
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Oahu Luxury Home Market Report For Q4 2023
HI Estates
by Scott Startsman
2M ago
Welcome to the fourth quarter update for Oahu's luxury real estate market, presented by HiEstates with List Sotheby's International Realty. The luxury market as a whole trended downward for Q4 2023, with a few variations depending on price segments. Internationally, Japanese investors continue to lead in foreign real estate investment in Oahu. Jump To | Inquire Now | Single-Family Home Stats | Condo Stats | Top Luxury Sales As we delve into the last quarter of 2023, let's explore the varied dynamics that have shaped the luxury real estate landscape in paradise over this previous quarter. The ..read more
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Oahu Real Estate Market Report for December 2023
HI Estates
by Scott Startsman
2M ago
Aloha, Welcome to the 2023 December Market Report by List Sotheby's International Realty! Over the course of 2023, Oahu home and condo sales fell more than a quarter. Despite this, the median sales price for both property types only had a modest dip. Overall, 2023 was a slower year than 2022, with properties spending longer on market and slightly fewer sellers receiving the original list price for their sales. Some small pockets of the market are continuing to see competition due to low inventory, however. Want to see the full market report? Click here to download the .pdf! Oahu Single-Family ..read more
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