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Hurricane Iselle heads towards Hawaii

mikey posted this 281 Views

Hurricane Iselle is about 1,200 miles east of the Big Island this morning and heading in our direction at 9 miles per hour.  If we're lucky, Iselle will dissipate in the coming days and we might just get some rain and winds this weekend.  If we're not... well imagine what 140 mph winds can do.  Things start flying around that you don't expect, like branches from trees, trash, etc.  If houses start getting blown apart, there might be roofing shingles, glass and more. ...

Are you using Windows 8.1?

mikey posted this 204 Views

My laptop computer had Windows 8 installed when I bought it.  The first time I fired it up, I spent awhile figuring out how to get to the desktop.  After spending some time getting acquainted with the software I tried turning it off.  Unlike previous versions of Windows, the "off switch" was not in plain sight.  I actually went to my desktop computer with Windows 7 and searched to find out where the secret switch was.  If you haven't experienced Windows 8 yet, the se...

Makaha Valley Towers affordable Hawaii living

mikey posted this 265 Views

May we interest you in an ocean view condo in Hawaii, ocean views, central air conditioning, completely remodeled, needing nothing?  And priced less than $200,000, fee simple?  Here it is.  The owner bought this as a project, putting his heart and soul into it.  When I stepped into the condo yesterday I had to catch my breath.  This is the nicest unit I've ever seen at Makaha Valley Towers. Features of this unit include: Porcelain wood-grain flooring thro...

Waialae Avenue Improvements near completion

mikey posted this 1 271 Views

The City and County of Honolulu has been working on Waialae Avenue for a couple of years and finally the work is nearly done! The stretch of road being repaired spans from around 18th Avenue to the corner of Waialae and Kapiolani Boulevard.  Some sections, near City Mill for example, have been rough for so long that we routinely plan other routes getting home to avoid the bumps and potholes.   SMOOTH PAVEMENT ON WAIALAE AT LAST This picture was taken in late May, 2...

Makaha Valley Towers Sales in 2013

mikey posted this 253 Views

Improvement in Oahu's condo market is spreading west to Makaha Valley Towers.  Prices for most of Oahu have reached pre-recession levels.  Makaha Valley Towers still has a way to go - in other words, it's not too late to get in on a great deal.   Prices for studios and one bedrooms rose significantly in 2013.  Units sold decreased, not unusual in times of rising prices.  Prospective buyers are wishing they had bought sooner.  The number of two bedrooms...

Pualei Circle at Diamond Head

mikey posted this 339 Views

Located at the base of Diamond Head, Pualei Circle consists primarily of eleven condominiums built in the 1960's.  Some other buildings nearby while not in Pualei Circle, are often considered as part of the neighborhood. An investor client bought a two bedroom condo at Diamond Head Plaza and I thought I'd post some pictures for anyone looking for a rental.  This unit is on the second floor of a walkup building.  It's on the back side, away from the street noise.  The l...

Be Careful about Using MLS in your Website Address

mikey posted this 427 Views

My main real estate website had been OahuMLS.Net for eight years.  A few years after setting up the website, I had heard about some realtors in the mainland having problems with their local boards when using "MLS" in their URL.  No problems here - until recently. About six months ago the board notified me of a complaint.  I asked what I had to do and they said nothing, unless the complainant escalated it and went to the NAR (National Association of Realtors).  It seeme...

Hawaii flood zones

mikey posted this 474 Views

With global warming becoming an increasing concern, it's important to know the risk of flooding in your neighborhood. On October 1st, 2013 flood insurance premiums increased in some areas.  Those zoned A and V experienced the most significant increases in annual premiums due to increased risk from being close to the ocean or in low lying areas. The State of Hawaii has this handy tool to determine which flood zone a land parcel (including buildings) is in. It's called the Hawaii Fl...

Ala Moana Hotel Condo - the investors are back

mikey posted this 1 671 Views

Ala Moana Hotel went "condo" back in 2005 when the building was renovated and rooms were sold to investors.  In the first few years this hotel was a hot investment.  Then the U.S. economy collapsed and caused a domino effect of problems.  Tourism and hotel occupancy went down, reducing room revenues for owners.  Maintenance fees increased due to many factors, one of them being oil prices, which affects the cost for electricity on Oahu. By 2009, some owners were ups...

A shortage of homes for sale in Kapahulu

mikey posted this 677 Views

This afternoon we changed the status on our 3330 Wauke Street listing to Active Continue to Show (ACS).  The ACS Status means we have an offer and are still showing the home, just in case it falls out of escrow.  When we move further through the transaction and the buyers' loan is approved we will change the status to Pending and stop showing the home. After changing the status to ACS, I checked the current listings and noticed that all six homes for sale in Kapahulu are in ...