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Keahi Pelayo

Honolulu Renters Should Always Buy!

12-01-08
Keahi Pelayo

December 1st, 2008 categories: Honolulu Real Estate 101, Rants & Riffs

I find it surprising that someone who is renting in Honolulu would ever consider not buying when circumstances give them the chance to do so! Outside of taxes, most people’s single biggest expense is their monthly housing cost. For renters, my arguments for buying are as follows.

1. Whether you like it or not, you are making a mortgage payment. In most cases landlords have a mortgage on their rentals, so if you are renting you are paying you landlords loan, not yours. If they don’t have mortgage against the rental, then they may have one against their home and your rent may be making that payment!

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Honolulu Black Point Beauty!

11-25-08
Keahi Pelayo

November 25th, 2008 categories: Distressed Properties, Views of Honolulu

Black Point is at the foot of Diamond Head and is considered one of Honolulu’s upscale neighborhoods. This 5 bedroom 4 1/2 bathroom home is 4,688 square feet under roof and sits on 14,400 square feet of land. It has an air conditioned 3 car garage...

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Honolulu Holiday Real Estate Market

11-21-08
Keahi Pelayo

November 21st, 2008 categories: Honolulu Real Estate 101

We are less than a week away from Thanksgiving and here are a few things you can expect the market to do between now and Christmas.

1. Fewer buyers will be in the market and the sheer numbers of showing will drop.
2. Though there are fewer buyers in the market, there will be some very serious players on the prowl. These buyers are less worried about the price they pay and are more concerned with getting a home or condo. They generally fall into two categories.

CLICK HERE TO READ THE POST.

Honolulu Holiday Real Estate Market

11-21-08
Keahi Pelayo

November 21st, 2008 categories: Honolulu Real Estate 101

We are less than a week away from Thanksgiving and here are a few things you can expect the market to do between now and Christmas.

1. Fewer buyers will be in the market and the sheer numbers of showing will drop.
2. Though there are fewer buyers in the market, there will be some very serious players on the prowl. These buyers are less worried about the price they pay and are more concerned with getting a home or condo. They generally fall into two categories.

CLICK HERE TO READ THE POST.

Wall Street Journal on Hawaii Tourism!

11-20-08
Keahi Pelayo

November 20th, 2008 categories: Honolulu Real Estate 101, Rants & Riffs

Yesterday’s WSJ had some interesting thoughts on the state of Hawaii’s tourism business.

“High fuel prices earlier in the year, the bankruptcy filings of Aloha Airgroup Inc. and ATA Airlines Inc., which previously served the region,

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