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September | 2024 |

NEWS2024 09

September 24, 2024

A Zen Oasis Awaits in Diamond Head at 3852 Poka Street

3852 Poka Street Exterior

Nestled in the prestigious Diamond Head neighborhood, 3852 Poka Street offers a unique blend of traditional Japanese design and modern luxury. This exquisite residence is a true oasis, featuring a tranquil central courtyard garden and koi pond that creates a serene atmosphere.

The home’s expansive layout seamlessly integrates indoor and outdoor living spaces. Sliding doors throughout the property invite the refreshing breeze and stunning Pacific Ocean views into the living areas. A gourmet kitchen with built-in bar seating, a formal dining room, and a tatami room provide elegant and functional spaces for entertaining guests.

3852 Poka Street Garden Courtyard

The property’s two primary bedroom suites, each with their own ensuite bathrooms, offer a luxurious retreat. In total, the property offers a three-bedroom, two-and-a-half-bathroom floor plan, and a separate one-bedroom, one-bathroom guest suite with its own entrance.

Located in one of Honolulu’s most coveted neighborhoods, 3852 Poka Street offers easy access to world-class beaches, shopping, dining, and entertainment. The property’s proximity to Diamond Head and Kahala’s Beach provides residents with endless opportunities for outdoor recreation, including hiking, biking, and swimming, and water sports.

The home’s thoughtful design and prime location make it an ideal choice for those seeking a serene and sophisticated island lifestyle.

For more information or to schedule a private showing, contact Sachi Hawaii:
(808) 596-8801 | info@sachihawaii.com

September 18, 2024

Ossipoff Home: A Crown Jewel in Maunalani Heights Listed by Sachi Hawaii

5112 Maunalani Circle Interior

A truly exceptional Ossipoff-designed home is now on the market, offering a rare opportunity to own a piece of Hawaii’s architectural history. Located at 5112 Maunalani Circle, this single-story residence boasts breathtaking views of Kahala, Diamond Head, and Waikiki, in a serene and private setting.

Designed by the renowned architect Vladimir Ossipoff, the home showcases his signature modernist style, seamlessly blending mid-century modern aesthetics with the natural beauty of its surroundings. Ossipoff, a pioneer of modern architecture in Hawaii, is celebrated for his innovative designs that have had a profound impact on the state’s architectural landscape. His work includes iconic structures such as the IBM Building, State Office Building, and the Board of Water Supply Building. These works of art, among others, exemplify Ossipoff’s ability to create functional and aesthetically pleasing spaces that are in harmony with their natural environments.

5112 Maunalani Circle Exterior

The Maunalani Circle property offers a harmonious blend of indoor and outdoor living spaces, with expansive windows that frame the stunning ocean views. A private pool provides a tranquil oasis for relaxation and entertaining. The home’s secluded location and well-hidden driveway ensure privacy and tranquility.

This unique property is a must-see for those seeking a truly exceptional and unforgettable living experience.

For more information or to schedule a private viewing, contact Sachi Hawaii:
(808) 596-8801 | info@sachihawaii.com

September 18, 2024

Fed Rate Cut: Potential Impact on Hawaii Real Estate Market

Today’s announcement by the Federal Reserve to lower interest rates has sent ripples through financial markets, potentially influencing the housing landscape in Hawaii. As a homeowner or potential buyer, you might be wondering how this decision could affect your local real estate market.

Understanding the Connection

Interest rates play a crucial role in the housing market. When rates are low, it becomes cheaper to borrow money for a mortgage. This can stimulate demand, leading to increased home prices. Conversely, higher interest rates can dampen demand and potentially lead to lower home prices.

Potential Impacts on Hawaii’s Market

Given the current state of Hawaii’s real estate market, characterized by a steady market with rising inventory, a Fed rate cut could have the following potential impacts:

  • Increased Demand: A lower interest rate could make homeownership more affordable for many buyers, leading to increased demand. This could help to absorb the growing inventory and potentially drive up prices.
  • Competitive Market: If demand surges, it could intensify competition among buyers, potentially leading to bidding wars and higher home prices.
  • Refinancing Boom: Existing homeowners with adjustable-rate mortgages or high-interest rates might consider refinancing to secure lower monthly payments. This could free up more disposable income for other purchases or investments.
  • Investor Activity: Lower interest rates can make real estate investing more attractive. Investors might be more inclined to purchase properties as rental income becomes more profitable.
  • Factors to Consider

    While a Fed rate cut can have a significant impact on the housing market, it’s important to consider other factors that might influence Hawaii’s real estate landscape, including:

  • Local Economic Conditions: The health of Hawaii’s economy, including tourism and job growth, can significantly affect housing demand.
  • Inventory Levels: The availability of homes for sale will continue to be a major factor influencing prices and market dynamics.
  • Regulatory Changes: Any changes to zoning laws, property taxes, or other regulations can impact the housing market.
  • Hawaii’s real estate market is composed of diverse micro-markets, each with its own unique demand from local and international buyers. Consequently, the specific impact of the interest rate cut may vary significantly across these micro-markets.

    The recent Fed rate cut presents a potential opportunity for buyers and sellers in the Hawaii real estate market. However, the exact impact will depend on a variety of factors. It’s essential to stay informed about market trends and consult with a real estate professional to make informed decisions.

    Disclaimer: While this article provides general information, it is not intended as financial advice and does not provide any guarantee or warranty. Consulting with a real estate professional or financial advisor is recommended for personalized guidance.

    To find out more about Hawaii Real Estate, contact Sachi Hawaii:
    (808) 596-8801 | info@sachihawaii.com

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