April 2008 Sale at Yacht Harbor Towers Honolulu

By Michael Zimmerman | Published: April 27, 2008

Here is the latest example where a seller did not listen to the market.  Once you’ve decided to sell your home, don’t make the same mistake. Property:  Yacht Harbor Towers 1600 Ala Moana Blvd. #802, Honolulu, HI 96815 (Leasehold Property) Apr 3, 2007 listed at $385,000 Jun 20, 2007 reduced price to $330,000 Dec 28, 2007 reduced price to $250,000 Feb 24, 2008 … Continue reading April 2008 Sale at Yacht Harbor Towers Honolulu

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Honolulu Rail System

By Michael Zimmerman | Published: April 24, 2008

This post is based on articles that have appeared in the Honolulu Advertiser. According to a February article , “It’s unlikely Honolulu’s planned $3.7 billion transit system will affect deteriorating peak-hour traffic conditions along the H-1 corridor, according to city projections.”  Rather than arguing over what form of rail should be used, the Mayor and City Council … Continue reading Honolulu Rail System

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Quote – Theodore Roosevelt

By Michael Zimmerman | Published: April 21, 2008

"It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better.  The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly; who … Continue reading Quote – Theodore Roosevelt

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April 2008 Koolani Condominium Market Report Honolulu

By Michael Zimmerman | Published: April 18, 2008

Summary Ko’olani sales are still strong despite the fact that several units are listed significantly above market price.  11 units sold in the first quarter of 2008, but three of those sales were slow-moving penthouse units that were on the market well over a year.  Of the 23 units for sale, there is a great mix … Continue reading April 2008 Koolani Condominium Market Report Honolulu

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Now is the Time to Invest in Honolulu Real Estate

By Michael Zimmerman | Published: April 14, 2008

Have you been thinking about buying investment property on Oahu?  I know several people who have been waiting for prices to drop since 2003, only to watch Oahu single family residence (SFR) and condo prices skyrocket during this decade (see table below).  Year SFR Median Price % Change Condo Median Price % Change 2000 $295,000   1.7 $125,000 … Continue reading Now is the Time to Invest in Honolulu Real Estate

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