ハワイの不動産情報 2022年度年末のハワイの不動産トレンド Hawaii Real Estate Forecast - the latest stats - November, 2022

Happy Holidays! Hope everyone has been enjoying this holiday season!

(Ala Moana Magic Island)

Latest stats from the end of November came out. Please refer to the info below. Overall economy started to show the vivid and apparent signs of recessions, with higher interest rate for mortgage rates, inflation of items, unique job market, etc. One biggest factor that's directly affecting the current Hawaii real estate market is the mortgage rate's hike. No more of the lowest of the lowest interest rate to take advantage of. However, it also started contributing to the stable market we wanted to see as the surge of real estate activities during the pandemic period was simply too intense for regular buyers to compete with others. It was a question of the balance between how much you can compromise in conditions and how much extra you were willing to pay to compete with others. 

To Buyes...

This current market feels like we went back to 10 years ago. A few years after the market crush yet started recovering to see approximately around 4-6% mortgage rate, emphasizing the importance of the savings and how much down payment you can prepare to start looking. I have seen it, experienced it, so I know I have a confidence in the up-coming buyers, that they can acquire something that they will thank themselves for in the future. 

We had a talk about the strong Dollar against Yen the other day. If you are the investor from Japan, ready to sell, it might just work for your favor because of the strong dollar. 

(As of 12/13/2022)

To Sellers...

As for the seller side, it's important to look into the neighborhood activities to plan the timing of the sales. Under any situations, if there is one great buyer who loves your home that's all that takes as well. 

We always say that if everybody is reasonable, it will end with win-win. 

I am offering the 10% donation from the proceeds if you choose to work with me to help you raise the donation of your favorite charities. Please feel free to email for free, no commitment pressure consultation at any time!

Oahu Real Estate Market assures the growing value of real estate. It's a simple math really. With limited land and growing demand to own the piece of island, the value of real estate only goes up. For buyers to own something, get a head start to save enough, whenever something comes up, just try putting an offer in. Chances are you get to be the owner of the piece of this paradise!

ホノルルの不動産状況はかなり短い期間で変わります。特定のエリアについて知りたい方、不動産売買のプロセスについて知りたい方、どんなご質問もお受けします。お気軽にメールにてお問い合わせください。hitomi808ozawa@gmail.com



Are you a 1st time home buyer? Need down payment assistance? E-mail me for details. Buyer's education program is also available through Hawaii Home Ownership Center.

初めて不動産売買される方必見。頭金補助プログラム及び購入者のための無料セミナーもございます。まずはメールにてお問い合わせください。

Hitomi Ozawa. Simmons  ([RA] RE Lic# RS-74864)
Email :	hitomi808ozawa@gmail.com
Mobile :	808-554-3410
Address:	1585 Kapiolani Blvd, Suite 1533 Honolulu, HI 96814
Website:	www.hitomi.c21.com

Our office (On the 15th Floor of Ala Moana Pacific Center) is located adjacent to the largest open-air mall in the U.S, Ala Moana Shopping Center.　

弊社事務所はアラモアナショッピングセンターに直結しているアラモアナパシフィックセンター内の15階にあります。

#Hawaii #RealEstate #Honolulu #Luckyweliveinhawaii #Hawaiirealtor
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Disclaimer: The materials available on or through this website are distributed by this blog as an information source only. I reserve the copy rights of the pictures that I took and used on this blog. All the comments that are deemed negative or offensive can be subject to deletion by me. Please excuse me for any inaccuracy, outdated info, or typos. Spread Aloha and Joy! Mahalo!

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ハワイの不動産情報 今年のハワイの不動産トレンド Hawaii Real Estate Forecast - local agent's insight

Aloha from Paradise Hawaii! 

パラダイスハワイからアロハ！

I must admit that it's been quite a past few years! Obviously, pandemic happened, and the entire world ceased the normal routine. From the unprecedented unemployment, closing of businesses to the sudden stock market surge, and recent war...all the new ways of doing business and carrying on with our adjusted living situations and conditions... Lists would go on and on... How have YOU been? 

パンデミックが始まり、世界的に経済活動が止まり普通の生活というのが突然無くなって、失業者、経営破綻、突然のストックの値上がりからロシアのユクレーン占領と大変な中、皆様はいかがお過ごしでしょうか？

As our home, Hawaii started to show the normality with optional mask wearing that definitely became a new norm. Our real estate market here on Oahu will continue to show the promising days. Because the news always features the dire needs for affordable housing and Oahu being one of the most expensive places to live in the U.S, I would like to share what we have seen as locals.

ハワイでは、マスクを引き続きつけ続ける日々。不動産状況は相変わらず安定及び向上の傾向。ニュースでは引き続き庶民の買える値段の物件が少ない及びオアフ自体がアメリカの中でも特に生活費がかかる場所として悪い名声をあげているため、ハワイの不動産取り扱い士及び住人として実情をレポートします。

Kakaako-Ala Moana View from Magic Island (Oahu, Hawaii)

Truth be told. Hawaii's real estate market has ALWAYS been stable and strong in my opinion. After all, Hawaii is one of the tourists' favorite destinations. A popular place like this, always warm throughout the year, surrounded by the beautiful beaches, therefore it gets appreciated value. The price of paradise. However, the low interest rate we had leading up to the end of 2021, was like no other. As you know it led to the unusually crazy hot market in Hawaii. It's a balancing act. A simple 'Supply and Demand'. If there are more buyers, it makes the market more competitive. 

(Disclaimer: Here, I am stating the facts that's based on the best of my knowledge and actual experience with my clients. Each person's experience may differ as dealing with real estate is no cookie cutter in real life.)

ハワイは旅行者に人気の場所なため、不動産状況は常に安定しているのですが、前年度までの住宅ローンの金利の低さが今までにない不動産売買の状況を作りました。簡単に言えば、需要と供給。需要が異常に多くなったため高値を付ける物件がマーケット全体の価値の引き上げにつながりました。

From what I have witnessed as a Hawaii local real estate agent, the most competitive price range seemed always between $500-$1,250K nowadays. When I started my real estate journey, it was around $200K to 650K (in 2013) for the requested price range I was asked to stay under regardless of how much they have or qualified (Of course with the ohana that I got to help.). Those were the days when we saw multiple offers of 2-5 for desired properties. Not more than 20 offers! One of the properties I prepared the offer for my client ended up receiving 23 offers. That's how the new norm of offering $100K over asking started and multiple offers with escalation clauses and offering other types of additional benefits to the sellers also started. 

最近では人気の高い物件の価格帯が$500,000-$1,250,000。以前不動産を始めたころの２０１３年には$200,000から始まり$650,000ほどで物件を探すリクエストを受けたのを覚えています。その頃は、一つ以上のオファーが入る場合でも５こまでが限度だったのが、最近は２０件以上のオファーが一つの物件に出されるなど今までにない状況が。他のオファーに勝つために$100,000も余分にオファーするなど、いろんな売り主に気に入ってもらえるようなオファー作りを試す傾向にあります。

Because Oahu Rea Estate has always the unique advantage to recoup the temporary shock of overpaying if you wait long enough, some might say that it's worth every penny you spend to get the property (Depending on who you ask, of course). For those who wonder if that's the case, please check below historic data for Oahu Real Estate Market. It's safe to say that the annual growth of over 4.5% makes an ideal investment, don't you think? Simple calculation of $500K investment will make you grow in asset by $22,500. I will take that at any time. However, the elements that people often seemed to be misunderstanding is the overall evaluation of each property whether or not that makes a good investment in a true sense.

そんな中でも、ハワイの不動産は価値が安定して成長し続けるため、長く保留する場合は、余分に出した値段分を取り返すこともできる可能性大。参考までに過去の物件価格の成長の記録を見て下さい。平均して年に４．５％ほど価値が上がり続けています。

(Source: Oahu Annual Residential stats: Market Median & Average Sales Prices-Retrieved from Honolulu Borad of Realtors®)

Facts of Oahu Real Estate

ハワイ不動産の実情

One of the myths of Hawaii real estate is that it IS affordable depending on the location, condition, and the type of property you choose. To deal with Hawaii Real Estate, if you are not from mountain of wealth, start small. Have something that grows and re-invest to capture more growth. At that point, you can even diversify into different products. (For our clients, we have exclusive investor training. Please email me for details.)

高いと常に言われ続けるハワイの物件ですが、場所はもちろん、どんなタイプの物件かにより手が届く価格帯の物件もかなりあります。ハワイだけに、あまり贅沢は言えない感じですが、まずは小さな物件に投資してみるのもいいでしょう。（投資家専門のセミナーのお問合せはメールでお問い合わせください）

Forecast in 2022

With all the speculations, and assumptions, Oahu market will continue to show the favorable market for trade (Buy and Sell). The timing for first time home buyers is always now due to the on-going, never changing rising value of the properties on Oahu. Yes, the rate of interest rate for home loans surely is a concern yet continue to save money and periodically consult with your loan officer and real estate professionals to see what you might be dealing with definitely help you for better.

いろんな推測がある中、オアフの不動産はずっと安定しているため、売り買いには適していると自信を持って言えます。住宅ローンのレートが上がってきているため、常に貯金をすこしでも続けながら、どれだけ借りれるかの査定及び自分の予算にあった物件探しを不動産屋さんと定期的に行い、買えるものが見つかり次第買いのオファーを出すことをお勧めします。

Once I was a first-time home buyer and it's a challenge and such a great journey. Just like many of us, all I could count on was myself from the start to reach the goal of tiny property purchase. It's a small property yet, for me it was a giant goal I had for myself. Saving money while you are renting is the biggest and common challenge for all the first-time home buyers without any other people's help. I will show you how you can still achieve that. 

私自身が初めて自分で小さな物件を買えたことから、家賃を払いながらでも、少しづつ貯金を増やし、物件の購入達成のプランを詳しくお伝えできます。ご相談下さい。

Available Affordable housing units for sale NOW (Subject to change in availability at any time)

Sometimes you get lucky to be able to still apply for affordable housing project in new developments.

Ulana Ward Village provides the balance of work and play, which will complete the development in 2024. Although the lottery had been done on March 1st, 2022, some units are still available and accepting applications now (Studio, 2 beds, 3 beds, price range: $284.8K-617.5K).

条件付きのマーケット価格以下で買える物件がまだあります。詳細はメールでお問合せ下さい。

Ulana Ward Village-Howard Hughes Corporation

Oahu Real Estate Market assures the growing value of real estate. It's a simple math really. With limited land and growing demand to own the piece of island, the value of real estate only goes up. For buyers to own something, get a head start to save enough, whenever something comes up, just try putting an offer in. Chances are you get to be the owner of the piece of this paradise!

ホノルルの不動産状況はかなり短い期間で変わります。特定のエリアについて知りたい方、不動産売買のプロセスについて知りたい方、どんなご質問もお受けします。お気軽にメールにてお問い合わせください。hitomi808ozawa@gmail.com



Are you a 1st time home buyer? Need down payment assistance? E-mail me for details. Buyer's education program is also available through Hawaii Home Ownership Center.

初めて不動産売買される方必見。頭金補助プログラム及び購入者のための無料セミナーもございます。まずはメールにてお問い合わせください。

Hitomi Ozawa. Simmons  ([RA] RE Lic# RS-74864)
Email :	hitomi808ozawa@gmail.com
Mobile :	808-554-3410
Address:	1585 Kapiolani Blvd, Suite 1533 Honolulu, HI 96814
Website:	www.hitomi.c21.com

Our office (On the 15th Floor of Ala Moana Pacific Center) is located adjacent to the largest open air mall in the U.S, Ala Moana Shopping Center.　

弊社事務所はアラモアナショッピングセンターに直結しているアラモアナパシフィックセンター内の15階にあります。