27. January 2018 · Comments Off on 888 Kapiolani Blvd #3905, Honolulu, Oahu, Hawaii · Categories: New Listing

Amazing near penthouse with panoramic views! This newly developed three bedroom boasts spectacular Diamond Head, ocean, mountain, and city scenes in the very convenient Kakaako/Honolulu area. Finishes include European cabinets, quartz counters, luxury appliances, engineered hardwood floors, separate washer/dryer room, walk-in closet, double sink vanity, and central AC. Enjoy the lengthy 18-foot quartz island counter. Considered upscale in nature, enjoy generous resort-like amenities. Good security. Short distances to shopping, eateries, Honolulu Convention Center, Concert Hall, banks, bus stops, and more. Buyers just might “have it all”, living here at the Symphony Honolulu. Quality speaks.

888 Kapiolani Blvd #3905 Honolulu Hawaii 96813
Neighborhood: Kakaako
3 bedrooms, 2 baths

To learn more about this property, contact:

Leanne S Kwock
HI License RS-64548
List Sotheby’s International Realty

4211 Waialae Avenue, Suite 100
Honolulu Hawaii United States 96816
27. January 2018 · Comments Off on 1108 Auahi St #33-E, Honolulu, Oahu, Hawaii · Categories: New Listing

Be the first to move into Anaha, the luxurious flagship building in the heart of vibrant Kakaako with close proximity to Waikiki. This is a special two bedroom unit one floor below the penthouse with special 10-foot ceilings. Two full-sized parking stalls on level M (#M-E4, M-E5). Teak wall cabinets and white lacquer island cabinets and white tile floor. Bizzard white quartz counter tops and aluminum tile back splash, plus full-sized wine storage and moralized curtains. Beautiful Diamond Head and ocean views. Abundant world-class amenities include guest suites, pool, barbecue, beach volleyball court, tennis court, fitness gym, golf simulator, chef’s kitchen, dining area, dog park, and more! This extraordinary opportunity is waiting for you.

1108 Auahi St #33-E Honolulu Hawaii 96814
Neighborhood: Kakaako
2 bedrooms, 2 baths

To learn more about this property, contact:

Yukiko Yang
HI License RS-69876
List Sotheby’s International Realty

677 Ala Moana Blvd, Suite 111
Honolulu Hawaii United States 96813
24. January 2018 · Comments Off on 720 Kapiolani Blvd #306, Honolulu, Oahu, Hawaii · Categories: New Listing

A rare and seldom opportunity to own this stylish and chic split level authentic loft that just might be the best value in Kakaako. Like new, this open and expansive floor plan is flooded with natural light – perfect for the soaring high ceiling. This loft exudes charm and functionality and is perfect for today’s lifestyle and is an impressive live/work space. Complete with central dual-zone AC, a gas stove, all stainless steel appliances, built-in shelves, hardwood floors, two side-by-side parking, and much more.

720 Kapiolani Blvd #306 Honolulu Hawaii 96813
Neighborhood: Kakaako
2 bedrooms, 2 baths

To learn more about this property, contact:

Aileen S Rodriguez-Chizer
HI License RB-18800
List Sotheby’s International Realty

4211 Waialae Avenue, Suite 100
Honolulu Hawaii United States 96816
24. January 2018 · Comments Off on 2161 Kalia Rd #502, Honolulu, Oahu, Hawaii · Categories: New Listing

Enjoy and experience the spectacular ocean, coastline, mountain, and sunset views from every room of this elegantly designed unit. Right outside your front door is Waikiki’s white, sandy beach to enjoy swimming in the sparkling ocean, the neighborhood’s famous restaurants, shops, and historic Fort DeRussy Park. This unit was completely renovated in 2016 and is being sold turn-key with all furnishings included. Come and enjoy your piece of paradise from your quiet, private, and fully furnished home on Waikiki Beach.

2161 Kalia Rd #502 Honolulu Hawaii 96815
Neighborhood: Waikiki
2 bedrooms, 2 baths

To learn more about this property, contact:

Paul S. Goldkorn
HI License RS-23098
List Sotheby’s International Realty

4211 Waialae Avenue, Suite 100
Honolulu Hawaii United States 96816
23. January 2018 · Comments Off on 1189 Waimanu St #4005, Honolulu, Oahu, Hawaii · Categories: New Listing

Stunning three bedroom, two bath corner end unit right below the penthouse. Beautiful ocean and mounting views with floor to ceiling windows. Elegant interior finishes. A storage unit and two secured parking spaces close to entry are bonuses! Live luxury Hawaii life with first-class amenities/concierge services. Steps from Ala Moana Shopping Center, restaurants, movie theaters, Ala Moana Beach Park, and Ward Center. Enjoy Kakaako city living!

1189 Waimanu St #4005 Honolulu Hawaii 96814
Neighborhood: Kakaako
3 bedrooms, 2 baths

To learn more about this property, contact:

Mami Y. Takeda
HI License RB-22153
List Sotheby’s International Realty

4211 Waialae Avenue, Suite 100
Honolulu Hawaii United States 96816
21. January 2018 · Comments Off on Tax Reform Impact on Home Prices · Categories: Hawaii Real Estate, Wealth

The National Association of REALTORS® recently estimated how the new tax law will impact home prices in 2018. The new tax law reduces the limit on deductible mortgage debt and limits the deductibility of the real estate tax up to $10,000. A higher standard deduction may also lessen the incentive to purchase a home, as fewer consumers will utilize mortgage interest and property tax deductions. The current state of the housing market will also influence home prices, largely shaped by supply and demand.

U.S. Home Prices in 2018

Hawaii Home Prices in 2018

Hawaii Home Prices
Home prices in Hawaii are expected to increase by 1.7% considering the tax impact, current market conditions, interest rate effect, and the employment and construction momentum.

Factor 1: Housing market momentum

According to Federal Housing Finance Agency, home prices in Q3 2017 rose by 4.6%. Assuming similar conditions, prices will likely move similarly.

Factor 2: Tax impact

The average interest paid for a 30-year fixed rate mortgage:

$750K mortgage > $15,170
$1M mortgage > $20,220

A homeonwer with a $1M mortgage can deduct $5,050 less from the taxable income. At a 25% marginal rate, this means that s/he will lose out $1,264 from the potential savings after claiming the MID. The number of homes with a mortgage and value between $750K and $1M is:
Home ValueHowever, not all of these homeonwers claimed the deduction. For that reason, we calculated the qualifying income for each home value bracket. Then, we applied to each bracket, the share of taxpayers who claimed the MID for the specific income based on IRS data. For instance, the qualifying income for a home with a value $750K is $139,300. Based on IRS, 62% of taxpayers with income higher than $100K claimed the MID in Hawaii. Thus, the number of households who claimed the MID for each home value bracket is:
Home Values 2So, the number of owners claiming the MID for homes over $750K is estimated to be 34,493 in Hawaii. Under the new tax law, each one of these owners will lose out on their potential savings of around $1,264. The loss will not be a one-year event but over 10 years. Moreover, according to ACS, the number of owners who paid over $10K for real property taxes is estimated to be 4,758. Applying present discounted value of this tax impact, we expect home prices will be impacted by -0.8%.

Factor 3: Interest rate effect

The Federal Reserve has been raising short term interest rates and will do few more rounds in 2018. Mortgage rates will likely increase as a result. Assuming interest rates will increase 50 basis points in 2018, we estimate that home prices will be affected by -1.4%.

Factor 4: Employment and construction momentum

Many areas across the country are dealing with housing inventory shortages and job growth outpaces new housing construction in these areas. While prices continue to increase because of the limited inventory, we estimated how employment and construction changes will affect home prices in the following four scenarios:

  • Scenario A:     same job growth & construction creation
  • Scenario B:     same job growth & 30% faster construction creation
  • Scenario C:     2.5% faster job increase & same construction creation
  • Scenario D:     2.5% faster job increase & 30% faster construction creation

The baseline forecast reflects Scenario B since housing permits have been slowly rising.Should job growth accelerate as in scenarios C and D, then home price growth will be more positive. In addition to the above four factors, there are other considerations to estimate the final forecast.

Sources: Internal Revenue Service 2015, 2017 Building Permits Survey, 2016 PUMS, U.S. Bureau of Labor Statistics, Federal Housing Federal Agency HPI, WalletHub, NAR® Calculations.

20. January 2018 · Comments Off on 202 Wailupe Cir, Honolulu, Oahu, Hawaii · Categories: New Listing

Rarely available and ready for your personal touch! This beautiful single level oceanfront home sits on a larger level lot, which allows for a lifestyle we all dream about. Located in one of Honolulu’s most desired neighborhoods, this home features a large swimming pool, private pier, gas torches, lily pond, and covered lanai with wet bar. Entertain while watching friends and family paddle and surf just offshore. Swim, fish, and barbecue in the privacy of your beautiful estate. Imagine sitting on your personal pier, while sipping coffee while watching the sunrise over Koko Head or drinking wine with friends and family while watching the sunset over Diamond Head. The property also includes a separate guest room off the main house.

202 Wailupe Cir Honolulu Hawaii 96821
Neighborhood: Wailupe Area
3 bedrooms, 3 baths

To learn more about this property, contact:

Drew Read
HI License RS-67769
List Sotheby’s International Realty

4211 Waialae Avenue, Suite 100
Honolulu Hawaii United States 96816
19. January 2018 · Comments Off on 600 Ala Moana blvd #4309, Honolulu, Oahu, Hawaii · Categories: New Listing

Highly desirable corner two bedroom, two bath, 09 penthouse unit with 10-foot floor-to-ceiling glass windows and a fully usable lanai. Enjoy breathtaking ocean to mountain view from every room. Contemporary and efficient kitchen with stainless steel Bosch appliances, quartz countertops, and more. Two covered parking stalls, a locker storage, and a storage room included. Recreational deck with pool, spa, fitness center, barbecue cabanas, and an indoor/outdoor party room. Well managed new building in a vibrant neighborhood, close to restaurants, downtown, and a future rail station.

600 Ala Moana blvd #4309 Honolulu Hawaii 96813
Neighborhood: Kakaako
2 bedrooms, 2 baths

To learn more about this property, contact:

Jenny M. Chen
HI License RS-76176
List Sotheby’s International Realty

4211 Waialae Avenue, Suite 100
Honolulu Hawaii United States 96816
18. January 2018 · Comments Off on The LSIR Hong Kong Collection – January 2018 · Categories: Art & Lifestyle, International Real Estate, News & Events, Wealth

COLLECTION Magazine January Issue, 2018

We are proud to present the innagrual issue of the COLLECTION magazine from List Sotheby’s International Realty HONG KONG. We hope you find the content and global property listings informative and inspirational.

Experience It Now

LSIR Hong Kong

18. January 2018 · Comments Off on 5833 Haleola St, Honolulu, Oahu, Hawaii · Categories: New Listing

Fabulous single level Niu Valley home on an over-sized 10,000+ square foot lot with a large open living space and a grand kitchen, including a commercial grade stove and spacious eat-in bar. Multiple indoor/outdoor living areas and lots of windows provide more than enough space to entertain and allow for lots of light. The fully fenced and gated over-sized lot allows for 4+ parking and still plenty of land for the kids to play. Convenient to shopping, schools, and highway. Don’t miss this opportunity.

5833 Haleola St Honolulu Hawaii 96821
Neighborhood: Niu Valley
3 bedrooms, 2 baths

To learn more about this property, contact:

Scott K Startsman
HI License RS-62384
List Sotheby’s International Realty

4211 Waialae Avenue, Suite 100
Honolulu Hawaii United States 96816