Buying Foreclosures in Honolulu, HI Part 1

By Michael Zimmerman | Published: November 30, 2010

As real estate foreclosures continue in today’s (still) weak economy, I thought it important to revisit and highlight the major differences for those considering a post-foreclosure property purchase. In part 1, we’ll define Real Estate Owned (REO).  In the second part of the series, we’ll cover some of the nuances you may run into during … Continue reading Buying Foreclosures in Honolulu, HI Part 1

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November 2010 Honolulu Condominium Market Report – Moana Pacific

By Michael Zimmerman | Published: November 22, 2010

Summary 2010 sales at Moana Pacific have been stupendous! Multiple apartment sales (often four or five) recorded in all but two months this year. Throughout the year, the inventory of homes for sale continued to decline creating opportunities for those wanting to sell. Nevertheless, buyer choices are somewhat limited and if you’re looking for a … Continue reading November 2010 Honolulu Condominium Market Report – Moana Pacific

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IRS Form 1099 Information Reporting

By Michael Zimmerman | Published: November 12, 2010

During 2010, two new permanent information reporting requirements have been added to the duties of property owners and owners of small businesses (including self-employed individuals and independent contractors). Current Law Anyone engaged in a trade or business is required to file a Form 1099 for payments of $600 or more in any year.  The business … Continue reading IRS Form 1099 Information Reporting

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Honolulu Real Estate Statistics – October 2010

By Michael Zimmerman | Published: November 9, 2010

The Honolulu Board of REALTORS® released resale figures for the month of October.  According to the analysis conducted by the Board, using data collected from its computerized Multiple Listing Service (MLS) system, the statistics are: Single Family Home Resales Number of Sales This Month Compared To Prior Year Median* Sales Price This Month Compared To Prior … Continue reading Honolulu Real Estate Statistics – October 2010

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November 2010 Honolulu Condominium Market Report: Koolani

By Michael Zimmerman | Published: November 4, 2010

Summary As I review the 10 Ko’olani apartments listed for sale, there is not much diversity for buyers to choose from.  This isn’t only true at Ko’olani, but also at many other high rise buildings in Kakaako.  Ko’olani’s sales have been very consistent all year long, so in some respects, the successful sales are partly to blame for the limited choices … Continue reading November 2010 Honolulu Condominium Market Report: Koolani

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