Moana Pacific

October 2009 Honolulu Condominium Market Report – Moana Pacific

By Michael Zimmerman | Published: October 26, 2009

Summary As mentioned in the June 2009 report, the Moana Pacific Association of Apartment Owners is litigating with the developer.  In many instances, banks will not lend on property in litigation.  While eight of the ten 3rd quarter sales were for cash, two apartment sales were financed.  That is good news for owners trying to sell or contemplating a sale … Continue reading October 2009 Honolulu Condominium Market Report – Moana Pacific

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June 2009 Moana Pacific Condominium Market Report Honolulu

By Michael Zimmerman | Published: June 23, 2009

Summary It’s sad to say, but the Moana Pacific Association of Apartment Owners has entered into some form of litigation with the developer.  While this is relatively common in new buildings, it is nonetheless cause for concern in the short term.  Loans normally available through Fannie Mae and Freddie Mac are unavailable, forcing buyers to borrow … Continue reading June 2009 Moana Pacific Condominium Market Report Honolulu

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February 2009 Moana Pacific Condominium Market Report Honolulu

By Michael Zimmerman | Published: February 18, 2009

Summary If you’re a buyer in the market for a virtually new condominium, Moana Pacific has a lot to offer.  Kakaako has so much going for it because of its proximity to shopping, relaxation, entertainment and restaurants.  As you can see in the chart below, the inventory of apartments reached its high point in the middle of the … Continue reading February 2009 Moana Pacific Condominium Market Report Honolulu

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August 2008 Moana Pacific Condominium Market Report Honolulu

By Michael Zimmerman | Published: August 16, 2008

Summary Moana Pacific sales have been plentiful, despite the fact that the number of 2008 Oahu home sales are lower than the number of sales recorded in 2007.  Curiously, as I write, there is just one 1-bedroom unit for sale.  On the other hand, there are several high floor, 3-bedroom units for sale.  There’s a little something for everybody at Moana … Continue reading August 2008 Moana Pacific Condominium Market Report Honolulu

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May 2008 Moana Pacific Condominium Market Report Honolulu

By Michael Zimmerman | Published: May 1, 2008

Summary Moana Pacific sales are still strong despite the fact that several units are listed significantly above market price.  18 units sold in the first quarter of 2008.  Two of these sales were initial sales by the developer.  Of the 36 units for sale, there is a great mix of one, two and three-bedroom floor plans, evenly spread … Continue reading May 2008 Moana Pacific Condominium Market Report Honolulu

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