February 2021


Hi Friends & Neighbors! 

As Valentine’s Day approaches, O'ahu home sellers have a lot to love.

In December, O'ahu’s median home sales price was up 6.1% since last year for single-family homes (SFH) and up 6.9% for condos. In December, O'ahu SFH listings averaged just 10 days on the market and condos only 16 days before being snatched up. The situation is ripe for all kinds of analogy, but I’m inclined towards the Bionic Man: today’s market is better, faster, stronger. 

Despite facing stiff competition, buyers are still scrambling to submit a winning offer for a number of reasons. Chief among them is the mortgage market, where already rock-bottom rates have recently moved subterranean — the national average on a 30-year conventional loan is currently just 2.73%. Then you have the novel buyer motives we’ve seen arise in the past year: the desire for more space, for better in-home amenities, for Zoom rooms and distance-learning rooms and more.

With the real estate market in this frenzied state, it’s easy to get swept up. It might seem like you can sell your home with your eyes closed and your hands tied behind your back, and in a sense you could. But should you?

To maximize your investment — buying or selling — you need a trusted adviser who is quick on their feet, strategic and precise in pricing and negotiations, with the discerning eye of experience to guide you to great results. If now feels like the right time to make your move, we’re here to help you and anyone you send our way.


Warmly,
Mike & Lisa Styring
Hawaii Realty International

 
STYRING TEAM UPDATES
Give a Warm Welcome to Yee Vong!
We're happy to announce the newest addition to the Styring Team, Yee Vong, who joins us as our new executive assistant. An O’ahu native, Yee combines years of experience managing high-stakes events and services with her special passion for Hawaii real estate. Yee’s talent for navigating complex logistics and operations led to an acclaimed career in event services for hotels in Hawaii and California. Now back on the island she calls home, Yee applies her experience in managing fast-paced schedules, budgets and client needs towards keeping every Styring Team transaction on-track and successful.



We're excited to have her on board!
 
IN THE NEWS
7 tax benefits of owning a home: a complete guide to filing this year
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Realtor.com
17 Valentine's Day ideas to help you celebrate your love at home
View Article
GoodHousekeeping.com
 
RECENT SUCCESS 
47-795 Malumalu Place
Kaneohe

3 BD | 2 BA | 1+ acre of land 
SOLD for $1,460,000 - Represented Seller
Sold in 10 days for 101% of Asking Price!
Join us as we tour this stunning property in our new video!
 
45-202 Wena St
Kaneohe

4 BD | 3 BA | 1,744 SQ FT
SOLD for $930,000
Represented Buyer
 
3027 Pualei Circle #307
Honolulu

1 BD | 1 BA | 676 SQ FT 
SOLD for $540,000 Represented Seller
Sold in 4 days for 103% of Asking Price!
 
91-721 Puamaeole St #19A
Ewa Beach

2 BD | 2 BA | 874 SQ FT
SOLD for $478,000
Represented Buyer
 
801 Kakala St #1006
Kapolei

3 BD | 2 BA | 945 SQ FT 
SOLD for $505,000 - Represented Seller
Sold in 10 days for 101% of Asking Price!
 
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