Roberta Wakisaka-Fellezs

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Your agent can explain this to you and why, in some cases, two agreements may be necessary.

Learn more at https://BetterHomeowners.com/RobertaWakisakaFellezs/2024/09/30/Do-buyer-agreements-specify-the-type-of-relationship-with-my-agent

In the first half of 2024, Oahu's real estate market has shown mixed trends. For single-family homes in Q2, the median sale price rose to $1,100,000, a 5% increase from the previous year. Sales volume also increased by 5%, with homes selling faster (median days on market decreased to 17 days). Conversely, condominium sales declined by 5%, despite a slight increase in median prices to $510,000. Overall, while the single-family market appears robust with rising prices and quicker sales, the condo market is experiencing some challenges with slower sales activity.

From dealing with large unoccupied buildings to working with corporations and navigating high liability issues, commercial real estate pros have different safety concerns compared to residential agents. Listen now as two commercial real estate pro discuss the precautions they take. https://bit.ly/3XBUbf1

If you're not getting the answers you need, we're happy to share our opinion.

Learn more at https://BetterHomeowners.com/RobertaWakisakaFellezs/2024/09/27/If-you-have-questions-we-have-answers

Investing in Hawaii real estate is currently a favorable option due to several compelling factors. The market has shown consistent strength, making it an attractive opportunity for both personal enjoyment and financial gain.

✅ Strong Market Performance: Hawaii's real estate market has seen over 45% appreciation in the last decade.
✅ High Rental Demand: The islands attract millions of tourists, ensuring a robust demand for vacation rentals.
✅ Limited Supply: Strict land use policies restrict new developments, maintaining property values.
✅ Diverse Property Options: From beachfront bungalows to luxury condos, there’s a wide variety of properties available.
✅ Tax Advantages: Investors benefit from U.S. legal protections and favorable tax treatment on rental income.

Get in touch with me at +1 (808)384-4322 or write to me at [email protected] to make your real estate dreams a reality!

If you're in position to see a property through an open house, builder's home, or FSBO, notify them first that you have a buyer's agent.

Learn more at https://BetterHomeowners.com/RobertaWakisakaFellezs/2024/09/26/Unexpected-Outofpocket-costs

We consider buyer's agreements to be one of the best practices in assisting purchasers and welcome the opportunity to talk more with you about it and the options.

Is a written buyer's agreement necessary? Buying a home is a sizable investment relative to each buyer. Even if a person has purchased a home in the past, it benefits the buyer tremendously to work with a professional to advise them through the process and the buyer's agreement spells out the specifics.

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How to Care for Soapstone Countertops In today’s luxury kitchens, the countertops take center stage. Whether you’re redesigning your cooki...

🎉 Exciting News! 🎉

I am thrilled to announce the successful closing of 92-1483 Aliinui Dr # 30C, Kapolei, HI 96707! 🏡✨ Congratulations to the new homeowners on this beautiful 2-bedroom, 2-bath townhouse! 🌺🌊

Thank you to everyone involved in making this happen! 🙌

🥳

Members of the National Association are now required to have a signed written buyer's agent agreement before showing homes to a buyer.

Learn more at https://BetterHomeowners.com/RobertaWakisakaFellezs/2024/09/23/What-does-working-with-an-agent-mean

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Oahu Rental Market Trends as of August 2024

➡ Single-family home median rents have increased by 6% year-over-year, while condo median rents have remained relatively flat, decreasing by 2%.
➡ Rental inventory for single-family homes is tight at 2.1 months of supply, indicating high demand. Condo inventory is more balanced at 3.5 months supply.
➡ Single-family homes are renting quickly, with an average of 21 days on market. Condos take slightly longer at 30 days.
➡ Rental yields are attractive, with single-family homes averaging 4.2% and condos at 5.1%. This makes Oahu an appealing market for real estate investors.

Overall, the Oahu rental market remains strong, with steady demand and rising rents for single-family homes. The condo market is more balanced but still offers solid returns for investors.

Talk to your agent about the different ways you can improve your marketability.

Learn more at https://BetterHomeowners.com/RobertaWakisakaFellezs/2024/09/20/Sellerpaid-concessions

The wider the market appeal, the greater the likelihood of achieving a higher price and a faster sale.

Learn more at https://BetterHomeowners.com/RobertaWakisakaFellezs/2024/09/19/Seller-offered-compensation-enhances-a-propertys-appeal

Home is the perfect spot to unwind and enjoy some music. Share with us your favorite place in your home for jamming to some tunes, and don't forget to check out our tailor-made playlists on Spotify!

Hopefully, this article will give you some ideas to discuss with your insurance agent to protect the investment in your home at a reasonable price. Let me know if I can help.

Tips to reduce your homeowner's insurance cost Home insurance rates have increased by almost 20% nationally between 2021 and 2023 and even more in some states but there are things you can do to lower your premium without sacrificing coverage.

INFOGRAPHIC: Turn your garage from a storage space to a luxury showroom with these tips.

5 Features of a Luxury Garage ......

Here are the current income limits for affordable rentals in other major cities in Hawaii. The income limits are based on a percentage of the Area Median Income (AMI) for each county, as determined by the U.S. Department of Housing and Urban Development (HUD). Affordable rental units are typically restricted to households earning 60-140% AMI.

Your agent wants to be your REALTOR® for life helping you not only when you buy and sell, but all the years in between.

Learn more at https://BetterHomeowners.com/RobertaWakisakaFellezs/2024/09/16/Your-agent-is-a-valuable-resource

The anticipated conforming loan limit for single-unit properties in Hawaii for 2025 is expected to rise to $1,203,975, an increase from the 2024 limit of $1,149,825. Although the Federal Housing Finance Agency (FHFA) will officially announce these limits in November 2024, many lenders are already beginning to accept applications based on these higher anticipated limits.

The new limits will take effect in January 2025, but early adoption by lenders means potential buyers can start their applications now. For assistance with home ownership, feel free to contact me at +1 (808) 384-4322.

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