Cornelius Vanderkolk - Oahu Realtor

03/05/2024

Join us for our first times home buyers webinar

Did you know that majority of people make at least 1 of 5 big mistakes when buying their first home? These mistakes could cost a new home buyer up to Thousands.

02/28/2023

Who wants to be my neighbor?

Who wants to be my neighbor on this one-acre plot?
A place where nature thrives and flowers bloom a lot
Together we can till the soil, sow some seeds
And watch our garden grow with all its needs.

Imagine the colors that we can bring,
With sunflowers, daisies, and everything
The fragrance of roses, lavender, and mint
Will fill the air and lift our spirits without stint.

We can plant some herbs for our kitchen needs,
Like basil, thyme, and parsley for our cooking deeds.
Tomatoes, cucumbers, and peppers galore,
Our harvest will be bountiful, and that's for sure.

But it's not just about what we can grow,
It's about the memories we'll make, don't you know?
Sharing laughs, stories, and maybe a cup of tea,
Being neighbors on this lot will bring such glee.

So who wants to be my neighbor on this one-acre plot?
Let's nurture our land and create a beautiful spot
Where the fruits of our labor will show,
And our friendship will continue to blossom and grow

Dream home or Value-Add Opportunity! This wonderful lot i...

12/27/2022

From the home office…

12/06/2022

From the Honolulu Board of Realtors:

HBR's latest stats report shows that home sales remained sluggish in November, resulting in more price adjustments.

🏠 Single-family home sales fell 48.2% 🔻 and the median sales price for a single-family home rose 9.5% 🔺 to $1,149,500 compared to November 2021.

🏙 Condo/townhome sales declined 43.4%🔻 year-over-year while the median condo sales price dipped 4.0% 🔻 to $480,000.

Although new listing volume fell in both markets, active inventory remained steady. Active inventory continued to build across Oʻahu, with single-family home supply more than doubling in the Central Oʻahu, the Ewa Plain, Leeward, Pearl City, and Waipahu regions compared to a year ago. The condo supply increased in all regions except Diamond Head and Pearl City.

“We’re seeing more sellers adjusting the price of their listings to remain competitive on the market in the face of the gradual increase in new inventory and properties spending more days on the market. Though buyers are dealing with higher financing costs than a year ago, contracts are closing daily, albeit at a slower pace and volume than in 2021, ” says Chad Takesue, president of the Honolulu Board of REALTORS®.

11/06/2022

Looking for something unique and over the top in Waikiki? Look no further, check this out today!

OPEN HOUSE TODAY | 2PM-5PM | 2572 Lemon Road, #703 | Honolulu, HI 96815

RARE, ultra-chic, 7th-floor, partial ocean view studio apartment sold fully furnished. Although the studio is tiny, the deeded lanai is 758 SF! Fully renovated in March 2016. In the legal short-term rental area, short-term rentals are allowed by house rules.

An exceptionally well-maintained and secure building with gated entry, security cameras, and a key fob is required to access both the building and individual floors. Ample parking. Steps to world-famous Waikiki Beach!

08/09/2022

HONOLULU – According to resales figures released today by the Honolulu Board of REALTORS®, closed sales in both single-family home and condominium markets declined by 22.8% year-over-year. Sales also slipped from a month ago, down 12.6% for single-family homes and 17.3% for condos.

Pending sales were down year-over-year 31.4% for single-family homes and 26.4% for condos. Fewer new listings were added to the market compared to a year ago, with 386 single-family home listings, a 17.7% year-over-year decline, and 616 condo listings, down 7.2% from last July.

However, the active inventory of single-family homes was 38.8% more than last year, and the active inventory of condos was up 8.4% Single-family home sales fell across most regions on O‘ahu, with the largest drop in sales volume occurring in the Ewa Plain, Kāne‘ohe, and Leeward regions. In the condo market, the Metro region accounted for the largest decline in sales volume, ending the month down 26.7%
with 285 sales compared to 389 a year ago.

Forty-nine percent of July single-family home sales closed above the original asking price compared to 70% one year ago and 62% one month ago. Although the majority, or 66%, of sold single-family homes received the full asking price or more, that share also fell compared to 79% of sales during the same time last year. The portion of condo sales that closed above the original asking price was 37%, nearly flat with the previous year’s 38%, but down slightly compared to recent months. Sixty percent of closed condo sales in July received the full asking price or more compared to 62% both a year ago and last month.

A larger portion of new single-family home listings remained in active inventory at the end of the month. Out of the 386 new listings, 243, or 63%, remained active compared to 46% last year. Similarly, the condo market also saw a larger share of new listings remaining in active inventory at the end of the month. Of the 616 new listings, 353 or 57% remained active
compared to 49% at the end of July 2021.