Oct 28 2008

The Value of Homeownership

Homeownership may be the most important asset-building strategy for individuals. The value of homeownership gives homeowners a feeling of control, a greater sense of security and stability.

Homeownership is typically given a lot of importance and homeowners are generally allowed to do whatever they wish in their homes. Homeowners have the right to make choices and decisions regarding changes to their homes that renters may not be able to make.

Homeownership is a financial goal most families share. There are significant community benefits to homeownership as well. Owning a home gives residents a stake in the community and a sense of “rootedness” in their neighborhoods. Enjoying the privacy that a home brings, making long lasting friendships with neighbors and best of all taking pride in your home. The pride you’ll feel in owning and improving your home is an emotional value that cannot be expressed in dollars and cents. The value of homeownership has been thought to pro-mote thrift, stability, and neighborliness.

Homeownership is thought to be an important element in achieving personal fulfillment. When asked to define the good life, polls have shown that many Americans value owning a home over such factors as an automobile, a happy marriage, an interesting or high-paying job, and good health. The value of homeownership is credited with increasing self-esteem, life satisfaction, and an overall feeling of worth. Owning a home embodies the promise of individual independence but there are also many responsibilities that come with owning a home. The value of homeownership has been thought to pro-mote thrift, stability, and neighborliness.

If you are looking to buy your own home in Waimea, Waikoloa, Kohala Coast Hawaii areas, these are some points to consider when seeing the value of homeownership. Allow me, your Real Estate agent, Kelly Ann Wakayama to help you see the value of homeownership.

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Sep 30 2008

Going Green in Hawaii

Have you heard the news! Green real estate is getting lots of buzz. More and more homebuyers are looking for ways to increase their green footprint. They are looking for that perfect home and yard that will give them eco-luxury. Going Green in Waimea, Waikoloa, Kohala Coast Hawaii is happening as we know it.

Not only are we worried about our cleaning supplies being green, but now we want our homes to be green also. Homes with amenities like Gammpar floors, LEED-certified building materials, double-paned windows and even docking stations for electric cars! Also, homes that boast features like rainwater harvesting, passive air ventilation, reclaimed fixtures and recycled content tile and flooring.

This may all seem very over-whelming, but there are a lot of sites on the web that will help you fully understand just what finding a “green” home entails. It will be worth the research and will make your life more comfortable in the long run. Just “Google” the words “green real estate”, for starters. Enjoy the search and learn what makes a “green” home; a home that you want to be a part of. We all want to do our part and so let’s enjoy all of the eco-luxury that we can.

Just a side note - there’s no denying that the mortgage meltdown has meant tragedy for many home owners. But take a look around. You’ll see there’s very positive activity in many vibrant markets throughout the US especially in Waimea, Waikoloa, Kohala Coast Hawaii areas. By focusing on the good news and passing the message around, we can help speed up the market recovery. Don’t panic, let’s all do our part!

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Aug 27 2008

Real Estate – it’s not going away!

The oldest use of the term “Real Estate” that has been preserved in historical records was in 1666. In other words, real estate has been around for a very long time. However, it is not going away! It will be around until the end of time. What a comfort that is. With the slump that is happening, it is a reassurance to know that even if the economy gets bad, real estate is here to stay.
Real Estate is a legal term, according to Wikipedia, that encompasses land along with anything permanently affixed to the land, such as buildings, specifically property that is stationary, or fixed in location. The word “fixed” is the keyword here, meaning unmovable. Real Estate is here to stay!
Wikipedia also states that it has been argued that the word Real is derived from “royal”. For hundreds of years the Royal family and/or King owned the land, and the peasants paid rent or property taxes to be on the Royal’s land. Today, just like hundreds of years in the past, we pay property taxes, or rent to be on the government’s land or the Royal Estate. Isn’t it great to know that even though we do have to pay property taxes our homes are owned by us and not a king or government or royal family!
This article has been a little bit about the history of Real Estate, but thankfully there is a great future for real estate. Make your own future and invest in “Real” estate.
If you are looking for a home or selling real estate in the Waimea, Waikoloa, Kohala Coast Hawaii areas then we can help!

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Jul 16 2008

Find your Dream Home in Hawaii

Is your dream home etched in your mind? Are you just waiting for the perfect time to bring it to reality? Now is the time! The market is slow at this time, which makes it a buyer’s market. With the interest rates low and many homes available, there is no better time than the present especially if you are looking for a home in the Waimea, Waikoloa, Kohala Hawaii areas.

Make a list of what you want your dream home to look and feel like. Involve the whole family in this project. After all, you want them to be happy too. Once you have this list, you have the advantage to take your time and look for that perfect home for you and your family. Then, when you start looking, don’t veer from the list. In other words, make sure that the homes that you are looking at have every quality that you have listed. Don’t settle for second best.

Use your senses: once you walk into a home you can feel the personality of that home. Here are some thoughts that should be going through your head:

  • Does it fit your personality?
  • Does the neighborhood feel right?
  • Can you see your family enjoying many, many years of happiness in this home?

Another great idea would be to let me help you find your dream home. I have been inside many homes in the Waimea, Waikoloa, Kohala Hawaii area and will be able to help you narrow your search down until we find the perfect home for you and your family.

So head on over to my website at Summittosea.com and let me help you find your “Dream Home”!

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Jun 17 2008

Owning a Home: The American Dream

Have you ever desired the house of your dreams whether it was in another state or right here in the Waimea, Waikoloa, or Kohala Hawaii area? We call it “The American Dream.”

Wikipedia describes the American Dream as a belief in freedom that allows all citizens and residents of the United States of America to achieve their goals in life through hard work. A part of that American Dream is to own our own home, you know, that proverbial house with the white picket fence and all.

Americans have a long tradition of a solid work ethic to reach our dreams. No doubt about it, it does take a lot of work to own your own home. Over the years, the American Dream has changed a bit in relation to finding that home. Years ago it was much simpler. You purchased a plot of land and built your house on it. Now, we spend hours and hours looking for the right area to live; the right schools for our children; and the perfect house with the perfect yard. We have to make sure that that house has the best of everything. This can be exhausting!!! Not to mention, do the neighbors have barking dogs?!

In spite of today’s complexities, the American Dream is still alive – dreaming of making a better life for ourselves and our families. We have high hopes and great expectations. Our goals are founded on those high hopes, and we will do anything to achieve them.

America is known as the land of plenty, the land of opportunity, and the land of destiny. Free enterprise is at the foundation of that dream. In relation to owning our own home, the possibilities are limitless in America. We have so many choices and are very fortunate. In America, owning your own home (private property) is a fundamental, Unalienable right. This American Dream is real, and it can be achieved.

The paradox is: some people say that we are working so hard to make the American Dream happen that we are not taking the time to enjoy the American Dream.

I am here to help you not only make your dreams come true but to help you enjoy the process of finding the home of your dreams in the Waimea, Waikoloa, and Kohala Hawaii areas.

So . . . live your dream, but enjoy the journey!

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Apr 02 2008

What is a Resort & Second Home Property Specialist (RSPS)?

In the world of real estate, it is hard not to notice all the acronyms following some Realtor’s names.  Many times you will see CRS, GRI, e-Pro, ABR, etc., but in many cases, not have a clue as to what that means to you as a Buyer or Seller.  Well there is a new acronym on the Realtor block - “RSPS.”  When you see RSPS after a Realtor’s name or other designations, it means the Realtor is a certified Resort & 2nd Home Property Specialist.  This designation officially recognizes real estate professionals who work in the resort and second home market, and acknowledges the additional education and training they have undergone specific to the buying and selling of vacation, resort and investment properties.

Even with the recent decline in existing- and new-homes sales, the combined total of vacation- and investment-home sales in 2007 accounted for 33% of sales, close to historic norms (in 2005 they accounted for 38%).  Currently, eight of ten second-home buyers consider it a good time to invest in real estate, with 44% of vacation-home buyers and 57% of investment-property buyers stating they are likely to purchase another property within the next 2 years.  Thus real estate professionals with a specialty in the resort and second home arena will bring the advantages of their specialized training and expertise to Buyers and Sellers in these markets.

Currently there are just sixteen (16) certified Resort & 2nd Home Property Specialists in the State of Hawaii, and of the sixteen only one on the Big Island.  If you would like to work with a Resort & 2nd Home Property Specialist on the Big Island of Hawaii, please contact Kelly Ann Wakayama, R with Summit to Sea Realty Corporation.

Statistics stated above were from March 28, 2008 article released by the National Association of Realtors - to view the article in its entirety please go to http://www.realtor.org/press_room/news_releases/2008/second_home_sales_accounted_for_one_third.html

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Apr 02 2008

Big Island, Waimea, & Waikoloa Hawaii Real Estate Market

Welcome to SearchBigIslandHawaiiRealestate.com. I hope you’re enjoying the spring-like weather. It’s time to “spring clean” your homes and get them ready to sell. I’m Kelly Ann Wakayama and am here to help you jump start your way into that new “dream home” you’ve been waiting for.

Economic forecasts show that our economy is “springing” back! Take advantage of it and don’t miss the incredible deals that will be starting to happen within the next few weeks.

SearchBigIslandHawaiiRealestate.com is all about great deals and getting updates about the over-all state of Real Estate here in Big Island. In reality, real estate can only get better. It’s time to carefully monitor shifts in thinking, evaluate innovation and track existing real estate trends.

It seems that every decade or so, a year comes by that really defines our industry. As we stand at the beginning of 2008, we are in a period of time destined to be landmark years.

So go to Summittosea.com and let me - Kelly Ann Wakayama - help you achieve your goal and be the perfect stepping stone along your path!

As you consider buying a home in the state of Hawaii, in areas such as Big Island, Waimea, and Waikoloa, look at criteria such as location, design, size, and pricing. We are all different and have our own special needs.

You will also have many questions such as:

  • Can I afford my “dream home“?
  • Where will I get my mortgage?
  • What is my credit like right now?

I will be happy to answer each of these questions, and more. My experience has given me the knowledge of the market and the experience to answer all your questions more efficiently.

Now, if you are in need to sell your home in the Big Island HI, Waimea, or Waikoloa Hawaii area, it is obvious that you will want the best possible deal. I can help you decide what needs to be done to your home to get it in the best possible shape for it to sell and sell quickly.

Is it a buyers or sellers market in the Big Island HI area? The market conditions will play a crucial role in determining the asking price. Because market conditions change constantly, it is important that you get solid advice from an agent or REALTOR® familiar with Big Island and surrounding areas in the Real Estate market.

Knowledge and experience are the keys to look for in a successful real estate agents business. So, in order to provide you with the best, over-all experience, find someone who is committed 100% to your cause.

Choose a reliable real estate agent to help you with your Real Estate needs in Big Island, Waimea, or Waikoloa Hawaii area and make your home buying or selling a fulfilling experience. Take the stress out of the total real estate experience and let experience work for you.

If you would like to learn more about Kelly Ann Wakayama and Big Island & Waimea Hawaii real estate simply visit Summittosea.com.

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