Knowledge is Wealth! So would be a time machine that takes you back to 1980 to see your grandparents. In an imaginative journey you take
Latest Oahu Buyers/Sellers Market Inventory Data – Strategize Accordingly! | May 2018 | By Damon Rhys
Knowledge is Wealth! So would be a time machine sending us back to year 2003. Should have, could have and would have! Right? Only if I had known at the time I should have, could have and definitely would have bought two more of those condos! At average yearly appreciation rates of 4.5% for condos (4.6% for homes) on Oahu in the last 30 years that $250K condo back in 2003 would be worth almost double that amount now. In this month’s Hawaii Damon Newsletter we will look at several East Oahu neighborhoods while giving a general overview of the market status in the rest of Oahu. Depending on your real estate goals you can then strategize accordingly. This is required reading for anyone looking to buy or sell proper
US-China-World Trade Eruption vis a vis Hawaii Real Estate & Japan’s Mitigating Role? | Apr 2018 | By Damon Rhys
US-China-World Trade Eruption vis a vis Hawaii Real Estate & Japan’s Mitigating Role? – Knowledge is Wealth! So would be a crystal ball, especially one that could predict the ramifications of the US administration’s last week announcement of slapping $60B in tariffs on Chinese products (just to start). One might wonder how this could possibly affect real estate in Hawaii. For those of you who have followed my newsletters, we have learned how interest rates, T-Bill yields, inflation, exchange rates and various other economic factors can affect the real estate market in general and here in Hawaii in particular. We can now add world trade and the health of it thereof as another important factor.
Best Schools on Oahu – Private vs Public & Property Values – Knowledge is Wealth! So are schools, especially exceptional ones, and if you happen to live near one the value of that learning institution is no doubt built into the price of your home. However, when schools go through a dramatic educational platform change – with the right mix of properties and demographics in the neighborhoods around such schools – it could profoundly affect the demand and thereby value of the homes within the immediate vicinity. This phenomenon is actually occurring right here in a certain area of Oahu and most of the lucky parents who are currently sending their children to these schools (hint: they are public) do not realize it.
Tax Reform vis-a-vis Hawaii Property Prices & Your Financial Bottom Line – If you are in the market to buy a new home or sell your current home this month’s Hawaii Damon newsletter is a must read. The new tax reform starting in 2018 will definitely affect the real estate market in general – the reasons for which it will have a bigger impact in Hawaii compared to the US average – will be explained. I will delve into how it could impact your bottom line and how to possibly and strategically reduce your tax burden vis-a-vis the new and existing tax rules*. We will first look at the MID (Mortgage Interest Deduction) newly limited to $750,000 on a new home loan which is down from $1,000,000.
Oahu Buyers & Sellers Markets Details – In this month’s Hawaii Damon Newsletter we will look at several East Oahu neighborhoods while giving a general overview of the market status in the rest of Oahu. If you are in the market for a home or considering selling your home in the near future, this month’s main topic is a must read! Am I selling in a Sellers’ Market and buying in a Buyers’ Market? Or, vice versa? – Whether you are a Buyer or Seller or both, this is an extremely important piece of information to know.