Is the Housing MARKET CRASHING?? 🤯 [MEGA Hawaii Real Estate Year-End Market Update]

DECEMBER 2022 HAWAII REAL ESTATE MARKET UPDATE IS HERE! WILL IT CRASH IN 2023? WILL HOME PRICES DROP IN HAWAII THIS 2023? SALES are down to 6,117 this year compared to December 2021. Active listings are up to 2,009 this year, and under contract are almost cut down by half compared to last year. If you’re gonna ask about the inventory, it’s still running low, and the final list price to sold price remains at a stable rate of 95%. The average days on the market is down to 58 this year, and you can see a difference as properties are sold a LOT faster than in 2021. A lot of people are wondering what is happening with PRICES. In the #HAWAIIRESIDENTIALMARKET the median price has gone up FROM 476,500 to 500,000 this year. But sales in the #HAWAIICONDOMARKET have gone down to 793 this year, and we’re seeing the same upward trend in the median price, bringing it to 575,000 this year. If you’re eyeing #HAWAIILANDMARKET, sales are also down to 2,644, and the median price is slightly up from 40,000 last year o 45,000 this year. The MARKET remains to slow down, but WE DO NOT see ANY CRASH COMING. If you’re planning to BUY or SELL a HOUSE and still don’t know when is the perfect time, THERE WILL NEVER BE A PERFECT TIME. When HOMES ARE PUT ON THE MARKET at the RIGHT PRICE, we’re definitely going to see more market stability. If you have any questions about buying, selling, or anything to do with #HawaiiRealEstate, feel free to contact me. Like this content? Hit the LIKE and SUBSCRIBE buttons for more!

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🕒TIMESTAMPS🕒
00:00 Year-End Big Island Hawaii Real Estate Market Update
00:23 2021 Big Island Real Estate Market Review
00:51 2022 Big Island Real Estate Overall Sales Update
01:05 2022 Big Island Real Estate Overall Listings Update
01:52 2022 Big Island Residental Market Update
02:37 2022 Big Island Condo Market Update
02:56 2022 Big Island Land Market Update 
03:10 What's the trend in Big Island Real Estate Market in 2022? 
03:49 Will Real Estate Market Crash in 2023? 
04:07 Is 2023 The Best Year to Buy a House?
04:31 More Questions? Let Me Know!

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Ultimate Coastal Property Management: Mastering Waterfront Leasing, Marina Operations & Oceanfront Rentals

Why Coastal Property Management is Essential

Managing coastal properties demands a unique blend of expertise and dedication. Coastal Property Management ensures that your waterfront assets not only retain their value but also thrive in the dynamic marine environment. From maintaining pristine beachfronts to navigating complex shoreline compliance regulations, professional management is key to unlocking the full potential of your oceanfront investments.

Waterfront Leasing: Maximizing Your Property's Potential

Waterfront Leasing is a lucrative opportunity for property owners looking to capitalize on their prime locations. Effective leasing strategies involve understanding market demands, setting competitive rates, and attracting quality tenants who appreciate the unique allure of waterfront living. By partnering with experienced property managers, owners can ensure high occupancy rates and optimal returns on their investments.

Beachfront Maintenance: Preserving Natural Beauty

Beachfront Maintenance is crucial for sustaining the aesthetic and structural integrity of coastal properties. Regular upkeep includes shoreline cleaning, erosion control, and the upkeep of facilities such as boardwalks and recreational areas. Proactive maintenance not only enhances the property's appeal but also complies with environmental standards, ensuring a harmonious balance between development and nature.

Marina Operations: Seamless Management of Marine Facilities

Effective Marina Operations are the backbone of any successful waterfront property. This involves managing dock spaces, ensuring the availability of essential services, and providing a safe and welcoming environment for boaters and enthusiasts. Streamlined operations enhance the overall experience, making your marina a preferred destination for boating activities and waterfront leisure.

Shoreline Compliance: Navigating Regulations with Confidence

Shoreline Compliance is non-negotiable in coastal property management. Adhering to local, state, and federal regulations ensures that your property remains legally sound and environmentally responsible. Professional property managers stay abreast of the latest compliance requirements, managing permits, and implementing necessary measures to protect both the property and the surrounding ecosystem.

Oceanfront Rentals: Creating Memorable Guest Experiences

Oceanfront Rentals offer unparalleled experiences for guests seeking the serenity and beauty of coastal living. Crafting memorable stays involves providing top-notch amenities, personalized services, and maintaining high standards of cleanliness and comfort. By focusing on guest satisfaction, property managers can foster repeat business and positive reviews, driving long-term success for your rentals.

Saltwater Property Care: Protecting Against Harsh Marine Elements

Saltwater Property Care is essential for combating the corrosive effects of the marine environment. This includes using specialized materials and coatings, regular inspections, and timely repairs to mitigate damage caused by saltwater exposure. Investing in robust property care measures extends the lifespan of structures and maintains the overall value of your coastal investments.

Conclusion

Mastering Coastal Property Management requires a comprehensive approach that encompasses Waterfront Leasing, Beachfront Maintenance, Marina Operations, Shoreline Compliance, Oceanfront Rentals, and Saltwater Property Care. By leveraging professional management services, property owners can ensure their waterfront assets remain valuable, attractive, and compliant. Embrace the expertise of seasoned coastal property managers to navigate the complexities of the seaside market and achieve sustained success.