Great news for Kapolei real estate, mortgage rates have dropped again.  Mortgage rates have dropped for nine weeks in a row now.  This past week the average rate for a 30 year fixed r View Slideshow ate mortgage was hovering at 4.3%.  The historically low mortgage rates offer a great deal of savings over the lifetime of a loan, not to mention significantly lower monthly rates, making it an ideal time to buy a Kapolei home.

Real estate news nationwide has been less than stellar since July housing data was released, but was not unexpected since the expiration of the home buyer tax credit.  There was bound to be a bit of a lull after the surge.  Overall, however, Oahu real estate sales have been stable, with prices appearing to level off.

If you would like to take advantage of today’s low mortgage rates an buy a home in Kapolei please contact me today.

For more information about Kapolei Real Estate please contact John Riggins, Certified Distressed Property Expert. Click here for access to the Oahu MLS and all available listings in the Kapolei area.

It is a great time to buy a Kapolei home.  This past week mortgage rates hit an all new historic low, with rates averaging 4.44%.  There is no doubt that there has never been a more affordable time to buy Kapolei real estate.  Not only are mortgage rates incredibly low, enabling quite a savings over the lifetime of a loan, but home values are lower than they have been in recent years and inventory is high.

It is a buyer’s market when it comes to Kapolei real estate.  Sellers are eager and Kapolei is the same wonderful family community that it was designed to be.  The outdoor environment is what brings people to Oahu but it is the lifestyle that keeps people here.  If you have been wanting to relocate to Kapolei or purchase a second home on Oahu, it is a great time to start looking.

Contact me today to learn more about the Kapolei real estate market.  I would be happy to educate you on the area and use my knowledge to help you find the perfect home that suits your needs.

For more information about Kapolei Real Estate please contact John Riggins, Certified Distressed Property Expert. Click here for access to the Oahu MLS and all available listings in the Kapolei area.

If you are trying to sell your Kapolei real estate a Realtor can help.  In today’s tough economy it can be easy to question whether you actually need a Realtor or whether you can do it alone an save some money along the way.  The reality is that a qualified and experienced Oahu Realtor can make all the difference.  The most important aspects of selling your Kapolei home are price, marketing and contractual issues. 

When selling your Kapolei real estate it is of the utmost importance to price your home correctly.  A qualified real estate professional will know the market as well as have the ability to prepare a CMA (comparative market analysis).   Pricing a home appropriately will get people in the door to look at your home, whereas pricing it too high will keep people from walking in the door.

An Oahu Realtor will have access to the entire real estate community and has the marketing tools you need to get your home seen.  The more people who are aware of your Kapolei home, the more likely you are to sell it.

When a contract is received for the purchase of your Kapolei home your Realtor will see it through to fruition.  In a nutshell, your Kapolei Realtor will take a lot of the headaches and legwork off of your plate to get the sale of your home completed in the most timely and efficient manner possible.

Contact me today for a free consultation on selling your Kapolei home.

For more information about Kapolei Real Estate please contact John Riggins, Certified Distressed Property Expert. Click here for access to the Oahu MLS and all available listings in the Kapolei area.

If you are buying Kapolei real estate it is important to remember the last step, the final walk-through.  Chances are that when you put your new Kapolei home under contract and went through the process there was a list of inclusions and exclusions as well as an inspection.  The final walk-through allows a last look to make sure that things that were supposed to be taken care of were taken care of and that everything that was supposed to be sold with your new home is where it is supposed to be.

Purchasing Kapolei real estate is an investment and it is important to make sure that your investment is in the condition it is supposed to be in.  It is easy to get excited and forget about this important last step, examine your home while you can so you don’t regret it later.

Click here to read a recent article from Realty Times regarding the final walk-through.

For more information about Kapolei Real Estate please contact John Riggins, Certified Distressed Property Expert. Click here for access to the Oahu MLS and all available listings in the Kapolei area.

Honolulu real estate sales continue to be strong.  A press release from the Honolulu Board of Realtors that came out on July 7th shows that there were 285 single family homes on Oahu that were sold in June, up over 8% from June 2009.  There were 396 condominiums sold on Oahu in June, up over 35% from June 2009.  The days that Oahu properties are on the market are also lower than a year ago, indicating that real estate is moving.

While the United States continues on its rocky road to recovery, it is heartening news to see that Oahu real estate is stabilizing and recovering. Sales volume is increasing and will most likely continue to do so while mortgage levels remain at historic lows.

It is a great time to purchase a Kapolei home.  If you are interested in looking at Kapolei real estate, or property anywhere on Oahu, contact me today.

Click here to read the most recent press release from the Honolulu Board of Realtors.

For more information about Kapolei Real Estate please contact John Riggins, Certified Distressed Property Expert. Click here for access to the Oahu MLS and all available listings in the Kapolei area.

The Kapolei area will benefit greatly from a West Oahu campus that is being built for the University of Hawaii.  $48 million has just been released to build the campus, which we be located in Kapolei.  University of Hawaii in West Oahu has been without a campus for over 30 years and the new campus will provide the permanence and the classrooms that have been desired.

The building of the new campus in Kapolei will be great for local employment, especially in the construction industry.  When the facility is completed it will be great for Kapolei area residents who can take advantage of higher learning, and for Kapolei businesses that will surely benefit from a larger student population.

For more information about Kapolei Real Estate please contact John Riggins, Certified Distressed Property Expert. Click here for access to the Oahu MLS and all available listings in the Kapolei area.

If you are looking for a way to finance a remodel for your Kapolei home, look into acquiring a Home Equity Line of Credit (HELOC).  A HELOC is an account set up and borrowed against your Kapolei home and is one of the least expensive ways to borrow money.  With a HELOC you withdraw what you need without having to take out the full amount of the loan that you qualified for.

A HELOC is more affordable than a traditional loan because that the monthly payments are interest only and reflect only the amount spent, not the full amount available to borrow.  The payments are typically anywhere from .75 to 1.5 interest on top of the prime interest rate, which is currently about 3.25%.

If you have equity in your Kapolei real estate and good credit, a HELOC might be your best option for borrowing money for your remodel, education expenses or travel.   A HELOC can come in handy when trying to sell your Oahu property, as it can allow the funds to spruce it up so that it looks its best when it hots the market.  Contact your local bank to find out more about a HELOC and what it can do for you.

For more information about Kapolei Real Estate please contact John Riggins, Certified Distressed Property Expert. Click here for access to the Oahu MLS and all available listings in the Kapolei area.

If you are thinking about buying Kapolei real estate it is a good idea to be prepared.  The best ways to prepare for buying a home include pre-qualifying for a mortgage, locating the neighborhood you want to buy a home in and finding a real estate professional that you would like to work with.

Securing a loan is a very important first step in buying Kapolei property.  Examine your finances and determine what you can afford monthly before entering a lender’s office. Locate a few lenders to interview and make sure you get competitive  quotes.  A good Realtor should be able to help in this area, having lending contacts that should prove beneficial.

What Kapolei neighborhood do you want to live in?  Do you have children?  If so maybe you want to live near a school.  Do you want to live in a condominium or a single family home?  Buying a home is a big investment so determine the criteria that are important to you.

Choosing the right Realtor for your Kapolei home purchase is important.  Choose one with good references, interview a few and realize that just because you sit and talk with a Realtor does not mean that you are committed to use him.  Your Realtor will help you locate the ideal property, arrange a contract and help follow through with all of the contractual details.

Contact me today for a free consultation and I can help you locate the Kapolei property you have been searching for.

For more information about Kapolei Real Estate please contact John Riggins, Certified Distressed Property Expert. Click here for access to the Oahu MLS and all available listings in the Kapolei area.

The Kapolei real estate market is continuing its road to recovery with over 30% more homes sold in May this year than in May a year ago.  Saturday a real estate fair was held in Kapolei to further stimulate its housing market, offering all types of information for prospective home buyers.  There is a lot of information out there and for people to have access to finance information, real estate bargains and how-to information all in one place is incredibly helpful.

Kapolei real estate bargains are out there in the form of short sale property, REO property and foreclosure property.  There are also some sellers who are highly motivated and selling their Kapolei properties for significantly less than prices at the height of the market.  The Kapolei Home Buyer Fair is held every year in June but, while it may have come and gone for 2010, I am always available for a free consultation on what is going on with Kapolei real estate.

For more information about Kapolei Real Estate please contact John Riggins, Certified Distressed Property Expert. Click here for access to the Oahu MLS and all available listings in the Kapolei area.

The home buyer tax credit may have expired but the historically low mortgage rates should continue to boost Kapolei real estate.  As recovery continues, low mortgage rates are meant to continue to spur real estate sales.  Federal Reserve Chairman Ben Bernanke stated last week that while recovery is happening it is doing so at a slow pace.  Because recovery is slow Bernanke has vowed to keep interest rates low.

The low interest rates can save thousands of dollars off of the overall cost of a Kapolei home. Interest rates have been talked about as being at historic lows off and on over the past year and last week they hit historic lows again.  The slow pace of recovery has created a real buyer’s market when it comes to Kapolei real estate.

For more information about Kapolei Real Estate please contact John Riggins, Certified Distressed Property Expert. Click here for access to the Oahu MLS and all available listings in the Kapolei area.