HAWAII HOUSING MARKET UPDATE - Buy? Sell? Wait?

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  • Опубликовано: 17 ноя 2024

Комментарии • 30

  • @movingtohawaii
    @movingtohawaii  2 года назад +2

    Schedule a virtual consult with us
    💻 www.coreteamhawaii.com/
    📲 (808) 202-9194
    📩 support@coreteamhawaii.com
    🏠 What's your home worth in today's shifting market?
    coreteamhawaii.com/homevalue

  • @billrahn8723
    @billrahn8723 Год назад +1

    Well spoken real estate professional.

  • @SelahKauai
    @SelahKauai 2 года назад +1

    My wife and I have recently returned from a house-hunting excursion with Core Team Hawaii; Lauren was incredibly helpful and forthright throughout the process. We spent time traveling through west side of Oahu and know the particular community to concentrate on. Praying for the right home for my family. THANK YOU #CORETEAMHAWAII

  • @alohamark3025
    @alohamark3025 Год назад +1

    We were home shopping this past Sunday. The days of real estate speculation are over, for the time being. No longer does it makes sense to buy a shack that is a few hundred feet from the beach. Why? Single wall construction and never-ending homeless people on the beach. This is not just confined to West Oahu. Braddah, read the article, "Denby Fawcett: The Hidden Homeless Of Diamond Head" on Civilbeat.

  • @shsh3134
    @shsh3134 2 года назад +1

    Enjoy your message! Honesty and looking in all possible outcomes. Markets has shifted so quickly but understanding the worse case scenarios is so important! I don’t like hearing agents telling buyers to just refinance in a couple years when rates come back down. There’s no guarantees and if you buy too high and lose equity, you actually won’t be able to refi or as you mentioned short sales or bankruptcy if job loss. You’ve been there with experience and continue speak in sincere honesty! I know you hate to see buyers drop right now but they will be back to YOU when they are ready to buy again!

  • @okamicookie
    @okamicookie 2 года назад +2

    This is why I love you guys. You’re honest and don’t push people to buy or sell. We had sold our home long ago (regrettably) and no agent ever discussed long term plans. In fact as soon as we signed, he disappeared! Young people with not much experience can be taken for a ride. We will be in Honolulu this week. I’m interested in viewing some units to see what our options can be for the future. Just anxious as we don’t want to be wasting your time at all!

    • @movingtohawaii
      @movingtohawaii  2 года назад

      Sorry to hear about your previous home-selling experience. We always give as much information as possible - even it that means not making money. Please feel free to fill out the contact form on our website if you haven't already. We're never to busy to offer assistance.

  • @johnderperez
    @johnderperez 2 года назад +1

    Amazing and informative video. As a Torontonian visiting Hawaii, there are so many similarities in our real estate markets based on what the gov is doing to rates, supply and demand dynamics, seller and buyer mindsets, etc. I love the honest, straight up, no bs style of your videos.

    • @movingtohawaii
      @movingtohawaii  2 года назад

      With this shifting market there will be no shortage of these straight up, no bs videos 😂

  • @Frannylee1206
    @Frannylee1206 2 года назад +3

    Just found your channel. I love it! Used to live in Ewa Beach but now on mainland. Someday I’ll want to come back home.

  • @RelaxingGamer
    @RelaxingGamer 2 года назад +1

    U seem like a really nice person to be around bro ur vibe is awesome.

    • @movingtohawaii
      @movingtohawaii  2 года назад +1

      I appreciate that

    • @RelaxingGamer
      @RelaxingGamer 2 года назад

      @@movingtohawaii i been watching ur videos lately and i already feel like i know u on a personal level which doesn't happen with alot of RUclipsrs.

  • @samdavis2711
    @samdavis2711 2 года назад +1

    Derek, thanks for your honesty. Most realtor’s say “buy”, because it their jobs at stake, you’ll looking out for the average people 👍🏿. I’m retired military, wish I could use my VA loan on a condo now and within 2-3 yrs move in. Anyway thank for your gray videos and keeping it real.🤙🏿🤙🏿

  • @billmurphy9230
    @billmurphy9230 2 года назад +1

    The Fed bought Trillions in mortgages and junk debt and drove rates down to almost ZERO, they pumped trillions into the world markets. So, we must look at M2 and M3 as well as interest rates. So far, credit cards and mortgages are not falling behind in payments. But, if money flow drys up, then prices will come down. It will force cost of money up. Banks will restrict lending. Only question now, is how down the decent will be and how long, when will the affordability begin? How much of the run up we had in the last 24 months be taken away?

  • @RodSwansmad
    @RodSwansmad 2 года назад

    We are rapidly going broke in Australia.. we have had 7 straight interest rate RISES in a row.. adding hundreds of more dollars to our mortgages every month then we did at the beginning of the year. $$$$$

  • @supernovakicks7935
    @supernovakicks7935 2 года назад +1

    When did DR horton start offering discounts? Im curious since I closed late August.

    • @movingtohawaii
      @movingtohawaii  2 года назад

      This happened last month on single family. It varies but could become more common and we have sown inside scoops.
      How could we have been your agents?

  • @HawkSAR93
    @HawkSAR93 2 года назад +1

    Hi! I love on Oahu and looking for a PM. Do you offer these services?

    • @movingtohawaii
      @movingtohawaii  2 года назад

      We do not, sorry. If you still need assistance feel free to reach out and we can point you in the right direction.

  • @jordan0chang
    @jordan0chang 2 года назад

    During the pandemic, it was acceptable to offer 100k over asking. With today's 8% interest rate, why is it not acceptable to offer 100k below asking? Buyers needs to be smarter and more aggressive.

    • @movingtohawaii
      @movingtohawaii  2 года назад +1

      “Asking” is a relative term, and $100k is 10% of a Million but 20% of $500k… so it just depends. We will go for a seller’s throat to extent we can for our clients :) (as long as it isn’t our seller whom we have a fiduciary duty to)

  • @BobbyHo2022
    @BobbyHo2022 2 года назад +1

    Asking a realtor when is a good time to buy is like asking, "When do you wanna make a comission brah?" lol

    • @movingtohawaii
      @movingtohawaii  2 года назад

      We aren’t most agents tho 🤙🏽🤗

  • @irishwars
    @irishwars 2 года назад +1

    Right now, I have 5 bitcoin. Hawaii house in 2028 lol
    That's my hope/dream

    • @movingtohawaii
      @movingtohawaii  2 года назад +1

      With 5 BTC who knows?! In 2028 maybe you'll be able to buy a house, or it might only be worth a slice of pizza 😁