Last week, we reported that the median price for Oahu’s homes and condos have reached record highs in 2013: $647,000 for single family homes and $330,000 for condominiums. Median prices have climbed steadily over 2013, spurred by strong buyer demand, low interest rates and shrinking inventory. “These forces have created a competitive market in which […]

Q. I met a rental agent at a potential rental for my family. When we discussed the process of renting the home, she told me I needed to make the security deposit check out to her personally. Is this legal? Are there different laws when renting from an owner vs. renting from a management company […]

Sixth in a series This unique double estate located on a Lanikai hillside was created by the original owner as his “dream home” and purchased by the current owner who “connected to the same dream,” according to listing Realtor Myra Brandt, Broker-Owner of Kahala Associates. “The priorities the builder…in addition to owning a home in […]

As 2013 draws to a close, several unusual dynamics in Oahu’s real estate market stand out. Not only have we seen the market turn around and heat up, but also new historical records have been set. If you sold your house this year, there’s a 1 in 3 chance that you sold it for more […]

CATHERINE M. MATTHEWS (R), GRI Broker-In Charge, Callahan Realty, Ltd. Past President, Oahu Chapter National Association of Residential Property Managers Q. I recently moved out of my rental after giving my 28 day notice and paying rent for those 28 days. Due to a trip I had planned for work, I moved out three weeks […]