🌴Market Pūle – Q and A

Q1. I've heard some condo markets are really struggling. Which neighborhoods are seeing the biggest slowdowns?

• The Kapahulu-Diamond Head and Moanalua-Salt Lake areas are the ones to watch. The data is pretty wild—condos in Kapahulu-Diamond Head are taking an insane 1425% longer to sell, and in Moanalua-Salt Lake, it's 246% longer. That tells you these spots are seeing some serious delays.

Q2. All the news is about rising SFH prices, but is there anywhere prices are going up while sales are going down?

• Yep, that's happening in the Ewa Plain Region. It's a bit of an odd one because while SFH prices are up, the number of homes sold is actually down by over 30%. It's a perfect example of how some areas are different from the overall market.

Q3. If I'm looking to buy a condo, what are the top signs that I've got the upper hand?

The data gives you a few clear signals:

• Homes are sitting longer: The median days on market for condos shot up by over 100%.

• Lots more options: New listings are up significantly.

• Fewer buyers: Pending sales are down 9%.

• Sellers are giving in: Condos are getting sold for less than their original asking price more often.

Q4. What's the neighborhood that saw the most incredible price jump for a single-family home this year?

• That would be Aina Haina - Kuliouou. Prices there absolutely exploded early in the year, with the median sales price jumping a whopping 67% by March. That's some serious appreciation in a short amount of time!

Q5. Who can I talk to about achieving my real estate goals?

• That would be Jennifer Peele with Royal Realty!😉

Featured Listing

🏡 Investor Pitch Deck: 3331 Hayden Street, Honolulu, HI 96815

• Opportunity: Rare multi-dwelling investment in Kapahulu

•  Offering Price: $4,200,000

• Income: $199,293 gross / $153,900 net

•  Units: 4 fully detached homes (6BR/2.5BA x3, 5BR/2.5BA x1) L

• ot Size: 10,691 sqft | Zoning: R-3.5

• Parking: 5 stalls

• Seller Financing: $1M carryback @ 5.5% interest

Investors looking at 3331 Hayden Street should know this property offers strong fundamentals with room to grow. The current net income sits at $153,900 annually, and with seller financing available, there’s flexibility in structuring the deal. To achieve a 6% cash-on-cash return, an investor would need to bring in approximately $2.565 million in equity. Beyond the income, the tax benefits are substantial—roughly $33,900 in annual depreciation, over $238,000 in interest deductions, and $45,393 in operating expenses—all of which can offset taxable income. With strategic financing or future rent increases, this property can shift from a breakeven to a high-performing asset in one of Honolulu’s most desirable rental corridors.

Location is key—in the heart of Kapahulu, one of O‘ahu’s most sought-after neighborhoods, imagine the appreciation year after year.

To inquire about this listing, please reply to this email.

The “A-PEELE-ING” Edge

The Harsh Truth: Navigating the Gap Between AI Advice and Oahu's Real Estate Market

I asked ChatGPT for its advice on strategic real estate investing for building wealth. Here's what it said, along with my thoughts and experiences from the Oahu market.

I recently asked a popular AI what its top tips were for real estate investing, and the answers were... interesting. They sound great on paper, but I’ve found that the truth on Oahu is a bit more complicated. In my new post, I share my personal insights and experiences from years as a local professional, revealing the harsh realities and hidden opportunities you need to know about—especially when it comes to Oahu’s Market. Let’s Break It DOWN! 

The Joy of the Safe Zone!

There was a time when I thought living a whole life meant constantly pushing my limits. I'd force myself to do "adventurous" things, even though my gut was screaming "No!" I’d get on a jet ski and secretly hope the driver would go slow. I even tackled the Koko Head trail more than once, only to find myself awkwardly scooting down on my butt, paralyzed by a fear of heights. At the top of that steep incline one day, I had an honest talk with myself. I was tired of fighting who I was. I finally made a promise.

That promise came to mind on a recent hike at Hanauma Bay. The trail has a steep, daunting incline that leads to the whole loop. My old self would have tried to power through, but this time, I listened to my intuition. My hiking partner and I stayed on the paved path, choosing a different route. We were rewarded with a peaceful and incredibly scenic journey, with beautiful views and the cool ocean breeze.

To those who venture off the beaten path to find the hidden beaches—kudos to you.

As I get older this month, I've realized that true adventure isn't about facing your fears to impress others. It's about finding joy in being exactly who you are…………for me, that is feeling safe and sound 😂!

Directions to the Trail: From Nawiliwili Street, walk to the main road and head uphill until you see a bus stop and the Hanauma Bay Nature Preserve sign on your right. Behind the bus stop, there’s a gate — this is where you start Hanauma Bay Ridge Trail.

Stay Inspired,

Discovery Call

Ready to discuss your real estate goals? Let's chat! Click here to schedule a call, or REPLY to this email.