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+--- Thread: There are now 89 houses for sale in HPP (/showthread.php?tid=23346)
RE: There are now 88 houses for sale in HPP - HereOnThePrimalEdge - 06-07-2024
I fixed the drywall patch.
+ $5000!
RE: There are now 88 houses for sale in HPP - kalianna - 06-07-2024
Love it!
RE: There are now 88 houses for sale in HPP - Punatang - 06-07-2024
LOL!!! Yea they clearly bid that one up too high. You are right though Terracore. That tactic does obviously still work in a stagnant market. Love the signs. Too much. LOL
RE: There are now 88 houses for sale in HPP - eigoya - 06-08-2024
Can anyone explain clearly why the interest paid is/seems more on 3% mortgage than 5% bank account? The more I read, the less I understand.
RE: There are now 88 houses for sale in HPP - HereOnThePrimalEdge - 06-08-2024
Usually a bank account is much smaller than a home loan. If you had a $500,000 mortgage and a $500,000 bank account, both at the same interest rate, the interest made and interest paid should be the same amount.
RE: There are now 88 houses for sale in HPP - Punatang - 06-08-2024
explain clearly
The clearest I can put it is: The house always wins.
One is APR and the other IS APY.
https://www.investopedia.com/personal-finance/apr-apy-bank-hopes-cant-tell-difference/
RE: There are now 90 houses for sale in HPP - eigoya - 06-11-2024
Yes, the house (or mortgage) always wins. Indeed
RE: There are now 90 houses for sale in HPP - Punatang - 06-12-2024
Market update:
There are, as of today 91 homes on the market in HPP. The number has increased slightly but steadily, since the thread began.
The median asking price is $575,000.
16 house sales closed in the last 30 days. https://www.zillow.com/homes/recently_sold/?searchQueryState=%7B%22isMapVisible%22%3Atrue%2C%22mapBounds%22%3A%7B%22west%22%3A-155.10455764679924%2C%22east%22%3A-154.83779586701408%2C%22south%22%3A19.49890141768702%2C%22north%22%3A19.665647743610947%7D%2C%22filterState%22%3A%7B%22sort%22%3A%7B%22value%22%3A%22days%22%7D%2C%22tow%22%3A%7B%22value%22%3Afalse%7D%2C%22mf%22%3A%7B%22value%22%3Afalse%7D%2C%22con%22%3A%7B%22value%22%3Afalse%7D%2C%22land%22%3A%7B%22value%22%3Afalse%7D%2C%22apa%22%3A%7B%22value%22%3Afalse%7D%2C%22manu%22%3A%7B%22value%22%3Afalse%7D%2C%22apco%22%3A%7B%22value%22%3Afalse%7D%2C%22rs%22%3A%7B%22value%22%3Atrue%7D%2C%22fsba%22%3A%7B%22value%22%3Afalse%7D%2C%22fsbo%22%3A%7B%22value%22%3Afalse%7D%2C%22nc%22%3A%7B%22value%22%3Afalse%7D%2C%22cmsn%22%3A%7B%22value%22%3Afalse%7D%2C%22auc%22%3A%7B%22value%22%3Afalse%7D%2C%22fore%22%3A%7B%22value%22%3Afalse%7D%2C%22doz%22%3A%7B%22value%22%3A%2230%22%7D%7D%2C%22isEntirePlaceForRent%22%3Atrue%2C%22isRoomForRent%22%3Afalse%2C%22isListVisible%22%3Atrue%2C%22mapZoom%22%3A13%2C%22customRegionId%22%3A%2220af266691X1-CR10unwhytvck1z_14w3im%22%2C%22pagination%22%3A%7B%7D%7D
So we have a nearly 6 month supply of houses on the market in HPP. (91/16=5.7)
21 of the houses currently for sale in HPP experienced at least one price reduction in the first 11 days of June.
The total reduction for all 21 houses was $440,470
The average home for sale in HPP lost $440.02 per day so far in June. ($440,470 / 91 houses / 11 days)
https://www.realtor.com/realestateandhomes-search/Hawaiian-Paradise-Park_HI/type-single-family-home,multi-family-home/pnd-hide/sby-7
RE: There are now 91 houses for sale in HPP - Punatang - 06-18-2024
Let's be clear. The sky is not falling.
But, here is another builder who decided today to punt. https://www.redfin.com/HI/Keaau/15-1769-9th-Ave-96749/home/79181014
Ripped, rolled, base course, even a Koa tree on a well maintained gravel road.
RE: There are now 92 houses for sale in HPP - kalianna - 06-18-2024
Ive always wanted to know how much it takes to rip a lot. If an owner stands to make considerably more from a ripped lot than a jungle lot, it might be a way to earn more money without the hassle of building.