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Real Estate Market Report October 2011 | Mililani Condos Townhouses Homes
The national news does not depict the housing market for Hawaii and it’s local areas and neighborhoods.. Each neighborhood will determine the housing market for your local area. For Mililani Real Estate, we can pretty much gather that that the sales prices will vary from other neighborhoods…. and so will the median and average prices and the number of sold properties.
Mililani Town and Mililani Mauka Homes, Condos and Townhouses
Mililani Single Family Homes Market Report October 2011: We have 46 Active Listings for October 2011 (33 for Mililani Town and 24 Mililani Mauka), with 14 in contract (9 for Mililani Town and 13 for Mililani Mauka) and 18 sold properties (9 for Mililani Town and 9 for Mililani Mauka)
Mililani Single Family Home activity remains comparable with previous months for 2011 with multiple contracts submitted and accepted due to the lower inventory. Average Sales Prices were lower at $600,816 than the previous month of $730,100 and down slightly from $641,150 a year ago. Average days on market…DOM was 61 days.
Mililani Condo Statistics for October 2011: We have 58 Active condos/townhouses on the market from October 2011 (26 for Mililani Town and 22 for Mililani Mauka), 38 Pending (26 for Mililani Town and 13 for Mililani Mauka), and 19 sold (14 for Mililani Town and 5 for Mililani Mauka) .
Mililani Condo activity sales numbers are higher than the previous months. Average sales price of $257,828 a slight decrease from September 2011 of $259,575 and down from a year ago at $271,382. Average days on market for October 2011 -DOM was 95 days.
Needles to say, our Mililani Condo Townhouse and Home Sales remains stable and will continue to fluctuate month to month as we gain some ground. Buyers: Waiting for prices to drop and taking a chance on interest rates increasing will still net a monthly mortgage payment that could be significantly higher and lose that home you really love. It all depends on your circumstances.VA (for military and vets) and FHA loans are still great loans and there are still strong lending institutions available with your great credit and/or a % down payment. Sellers: Be realistic and listen to the advice of your Realtor® regarding pricing and their expert opinion when negotiating and you will get your property sold. It may take a little time but it will get sold!
Still moving, a bit brighter outlook this month and still selling in Mililani!
To better determine particulars for your market (with criteria including your sq/ft interior, land, condition and year built), Contact Celeste “Sally” Cheeseman @ 808-375-1404 or sally@hawaiihomesmarket.com for a Complimentary Property Valuation and Consultation!
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Hawaii Homes Market Report | Mililani Home Sales for June 2011
The national news does not depict the housing market for Hawaii and it's local areas and neighborhoods.. Each neighborhood will determine the housing market for your local area. For Mililani Real Estate, we can pretty much gather that that the sales prices will vary from other neighborhoods.... and so will the median and average prices and the number of sold properties.
Mililani Single Family Homes Market Report June 2011: We have 80 Active Listings for June of 2011 (39 for Mililani Town and 41 Mililani Mauka), with 34 in contract (18 for Mililani Town and 16 for Mililani Mauka) and 20 sold properties (10 for Mililani Town and 10 for Mililani Mauka) Mililani Single Family Home activity remains comparable with previous months for 2011 with multiple contracts submitted and accepted due to the lower inventory. Average Sales Prices were a bit lower at $595,575 than the previous month of $628,850 and a bit lower at $609,750 a year ago. Average days on market...DOM was 58 days!
Mililani Condo Statistics for June 2011: We have 82 Active condos/townhouses on the market for June 2011 (61 for Mililani Town and 21 for Mililani Mauka), 54 Pending (41 for Mililani Town and 13 for Mililani Mauka), and 25 sold (19 for Mililani Town and 6 for Mililani Mauka) . Average sales price of $ 238,920 went down from the past month of $271,492 and down from a year ago at $286,323. Average days on market for May 2011 -DOM was 41 days.
Needles to say, our Mililani Condo Townhouse and Home Sales remain stable and will continue to fluctuate month to month as we gain some ground compared to a year to two ago. Buyers: Waiting for prices to drop and taking a chance on interest rates increasing will still net a monthly mortgage payment that could be significantly higher and lose that home you really love. It all depends on your circumstances.VA (for military and vets) and FHA loans are still great loans and there are still strong lending institutions available with your great credit and/or a % down payment. Sellers: Be realistic and listen to the advice of your Realtor® regarding pricing and their expert opinion when negotiating and you will get your property sold. It may take a little time but it will get sold! Call me for a Comlimentary Property Evaluation!
Still moving, still trying to find a happy medium- but still selling!
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Dear Guests,
I invited you into my seller's home via ad in the paper, internet marketing and word of mouth for an Open House. You came into the home on a rainy day with your muddy slippers on and ignored the sign to "Please remove your shoes". I had to hold my hand up to stop you from coming on the brand new carpet!
I'll remember to order those throw away shoe covers ...
....because your feet were muddy even after you took your slippers off!
You then proceeded into the house blubbering incoherently and walking sideways. I could smell the alcohol on your breath when you shouted, "Happy Mother's Day"! You then started looking around at the seller's stuff and commenting on the "Roomba Cordless Robot Vacuum Cleaner".
You didn't pay attention and adhere to my request for signing in on the guest register sheet. I had to ask you a second time before you blubbered something and wrote illegibly. Why did I even ask?
Your child then ran up the stairs and started to fly open closets. I had to run after the child and ask politely to come back downstairs until the parents were ready to come up. When we came back downstairs you were looking in the refrigerator and asked me if you could have a beer.
I exclaimed NO!
I then politely asked you if you were here to view the home and if not ...PLEASE LEAVE!
You are the guest in the home to VIEW the home for sale and not disrespect the agent and the seller and prance around like you are the owner of the home. Please take off your shoes, sign in on the guest sheet and control your children.
Is it too much to ask to respect others homes when you are a guest in their home?
If it is, you are not on the guest list.
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It IS a good time to buy IF your situation calls for it. You have all your finances in order and you are contemplating the reasons you started thinking about owning your own home.
Over the past few months our Hawaii Homes Market decline in sales due to the very strict guidelines for loans. The good part is that if you are seriously considering Buying your Hawaii Home or Condo and you have good credit, realistic goals and a reasonable down payment you just may be on your way to Home Ownership.
A Hawaii VA Home Loan is the most likely the best candidate for Active Duty or Veterans of the U.S. Armed Forces. With 100% financing the Hawaii Military Relocation client definitely does not have a whole lot of money to put down. Just remember to ask your local lender what you need to obtain a PRE APPROVAL.
If your situation says that the time is right to own your own home then you most likely have your finances in order anyway. You will know if it's the right time and your most important priority is that you are looking for a place to raise your children and have control over the home you live in.
Is now the time for you to own your own home?
Prices are lower, interest rates are still at a reasonable rate......
A home you can call your own.
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