PODCAST · business
Keeping it Real Estate
by Ben
Up to date Oahu real estate tips and information
Episodes
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October 2023 Oahu real estate market update
Interest rates went up quite a bit in just the last month, from 7.0 to 7.5%. This is slowing down the buyer activity but not really affecting prices because the inventory is still low. Most homeowners have a much lower interest rate and so they don't want to sell their property and deal with the...
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July 2023 Oahu Real Estate Market Update
Hey it's Ben Fieman with your July 2023 Oahu real estate market update. Hope your summer is going well. The average 30 year fixed mortgage has an interest rate of about 7.14% right now. Current inflation is at about 2.97% so we are approaching the feds target of 2%. What is this doing to our…
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June 2023 Oahu Real Estate Market Update
June 2023 Oahu Real Estate Market Update: Hope your June is going well so far! I'm starting to notice multiple offers on listings again and it's starting to feel a little like 2022. But there are also a lot of escrow cancelations and the buyers in today's market seem very fickle in their decision...
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Sell, Stay, Buy program
Today's more than ever with the softer real estate market you can upgrade your home with ease. We spend most of our time at home and so it's important to our happiness to absolutely love every aspect of it. If there's something you wish you had different in your home such as an extra bedroom or...
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When is the best time to buy or sell real estate?
If you are renting and don't own property yet, don't try to time the market. As soon as you have the financial ability to make a purchase, buy something even if it's not your dream home. If you are getting an amazing deal on your rent maybe buy an investment property instead of something for you…
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What is Compass Concierge?
What is Compass Concierge? We will front the costs of repairs, renovations, and anything else related to the sale of your home in order for you to make your home more presentable and achieve a much higher sales price! You can choose any of your own materials, vendors, or contractors and not have…
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April 2023 Oahu Real Estate Market Update
April 2023 Oahu Real Estate Market Update: Much of the same has been happening in the Oahu real estate market. Single family homes are down slightly and condominiums are up. This is possibly due to the fact that some buyers are paying for condominiums in cash but single family homes are still out...
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How To Do a Sell/Buy?
Do you like your home but not love your home? Do you wish it had an extra bedroom or bathroom, it was closer to family or work, or was a littler nicer and newer? Life is too short to not absolutely love where you live. So here’s a video on how to do a sell/buy so you only have to move once!There...
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March 2023 Oahu Real Estate Market Update
The main story from last months numbers is Single Family Homes are taking nearly 4 times longer to sell, and Condos are taking 2 times longer to sell compared to 2022. Average days on market for a Single Family Home is 47 days now compared to 13 days just a year ago. The median days on market for...
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February 2023 Oahu Real Estate Market Update
For the first time in a long time Oahu median home prices actually came down, 7% for single family homes and 3% for condominiums. There's no need to panic because it's nowhere near the amount of appreciation our market experienced in the last 2 years, but it is worth noting as buyers have more...
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What home improvements make you the most money when you sell?
What home improvements to focus on before putting your property on the market? Focus on fresh paint and new flooring. If you still have a budget left over after those 2 items, then focus on upgrading the kitchen and bathrooms. That way you can maximize the sales price for your property.
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What should you do if you get a lowball offer for your property?
There's a lot of lowball offers being offered on properties especially in today's market. So what should you do as a seller if you receive one? You never know how much higher a buyer is willing to come up unless you send them a counter offer. I have had buyer's lowball in the beginning and then...
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January 2023 Oahu Real Estate Market Update
Prices are staying about the same at $1,049,500 for SFH and $502,500 for condos, closed sales are way down about 40% showing a lot less sales activity, and days on market are much longer at 25 days for SFH and 21 days for condos. Interest rates have settled to about 5-6%, buyers are coming back...
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How to price your home to actually sell?
In the previous market you could price your home at almost any price and it would sell. In today's shifting marketing, you have to pay more attention to pricing. The sweet spot is at about 98% of what the comparable sales say it should sell for. Your goal is to find a least 2 interested buyers…
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How's The Market Hawaii?
Just because stocks go down does it mean the real estate market has to go down? And how strong is the correlation between the interest rates and buyer competition? In this show we partner up with friends from different industries to see how the market is in the different fields we work in and our...
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Interest Rate Increase Explained
We have seen the fastest interest rate increase in history but they have seemed to settle at about 5-6% for now, versus 2.5-3% 9 months ago. Even though every 1% increase is 10% less buying power and affordability has gone down, there’s no need to panic. Interest Rates in the United States…
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December 2022 Oahu real estate market update
Median single family home prices on Oahu went up 9.5% vs November of last year! While some keep waiting for a potential crash the market moves further and further away. Condos did go down by 4% to $480,000 with perhaps more inventory choices there. Instead of waiting for interest rates to come…
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When flipping a home should you renovate all out or just do lipstick and get it back on the market as soon as possible?
Been having this debate a lot lately: When flipping a home should you renovate all out or just do lipstick and get it back on the market as soon as possible? I recently had 2 investor clients flipping properties at the same time. One of them went all the way renovating everything top to bottom…
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What to consider when purchasing a new construction condo project?
1) Usually 20% is due up front and the remaining 80% is due when complete. It usually takes about 3 years to build a condo in Hawaii. 2) Usually you have to pay the conveyance tax on new projects from the developers and again as a seller when you resell. 3) Having an agent represent you on the...
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Don't have an agent yet? Give us a try! Here's why...
There’s a lot of amazing great agents out here in Hawaii so if you have an agent who you like and trust they will save you a lot of time in your search. If you are still looking for an agent, one thing we provide is the ability to get you the best deal possible. Our strength is in our…
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Days on Market Explained!
When selling, if the property has been sitting on the market for a while, take it off and re-list it the very next day to reset the days on market. When buying, it's important to look at the cumulative days on market to understand the true activity of the property.
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Condo Maintenance Fees Explained!
Condo maintenance fees on Oahu hover at about $1/sqft. But it's important to know what utilities that includes in order to figure out if it's high or low. Also, condos with more amenities and services can expect higher maintenance fees to maintain those added benefits. Older condos might also…
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Step 1: find a good realtor.
Step 1: find a good realtor. Don’t try to do it on your own. Real estate changes so much and there’s so many tips and tricks that come with experience in every market so you don’t want to make a mistake or not get the best deal possible.
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November 2022 Oahu Real Estate Market Update
November 2022 Oahu Real Estate Market Update! The number of sales is way down. Why? Because buyers aren’t willing to offer as much because of the rising interest rates, and sellers aren’t willing to come down because they are used to getting way above asking and have good comps behind them....
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What is your morning routine?
Win the day by noon!
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October 2022 Oahu Real Estate Market Update
I've been hearing this a lot lately, "I'm waiting for the crash!" Why do people automatically assume there's going to be a crash? I'm not saying prices aren't going to go down but home prices went up 25% in one year, do we really think it's going to go back down by anywhere near the same amount?...
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Do you know the 12 regions that make up Oahu?
Do you know the 12 regions that make up Oahu? Hawaii Kai, Metro Honolulu, Diamond Head, Central, Waipahu, Ewa, Leeward, Makakilo, North Shore, Kailua, Kaneohe
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Should you wait for the crash to buy?
Yes the market has slowed down quite a bit but what crash are you waiting for and where would it come from? Experts forecast a 2% appreciation for the US in 2023. If the market goes down do you think it will go down by anywhere as much as it went up? The real estate market is like a yo-yo on an...
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Want to know the secret in getting a good deal in today’s real estate market?
Want to know the secret in getting a good deal in today’s real estate market? Look for properties that have been sitting on the market, vacant, and have price reduced. Those are the ones no one looked at because they priced too high in the beginning, but you know are motivated to sell because…
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Attention Hawaii Residents
In the shifting real estate market we find ourselves in today, if you live in Hawaii and are renting, now might be the best time to take that leap and become a homeowner. I can assure you, it is possible. It starts with a belief, and then actionable plans to pursue it into reality. Reach out to a...
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New Condo Alert: Alia Kaka'ako
Introducing Ālia, a new condo project by the Kobayashi Group coming to the heart of Kaka’ako. 483 beautiful units, mostly market with a few reserved. Location, views, and amenities can’t be beat. This developer has had many home runs such as Hokua, Capitol Place, One Ala Moana, and most recently...
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Attention First Time Homebuyers!
Sometimes in life you have to take 1 step back in order to move 2 steps forward. This is especially true with real estate in Hawaii. Your first property probably won’t be your dream home, but if you can make it work and start building equity it will open up so many more opportunities in the future!
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Meet Team Fieman
1, 2 punch.
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Sell, Stay, Buy Program Explained
Want to sell your home but don’t know where to go? Ask us about our sell, stay, buy program! We sell your home with friendly terms including a free 60 day rent back so you can have the proceeds in your bank account and take your time on finding a new home that works better for you, all while only...
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Are you waiting for a real estate crash? You may be waiting forever!
Interest rates have gone up, competition has gone down. It’s easier to get a better deal on the market now. If you’re buying for yourself, getting a loan, and planning to stay in the home for a while, there’s no need to delay. Buy now, start building equity, and the market will eventually improve.
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What are the 3 ways to build wealth in America?
1. Own your own business 2. Own stocks 3. Own real estate
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Are you waiting for a real estate crash?
It’s impossible to time the market and when there is a crash, there’s factors that make it very scary to move forward. If you’re buying for yourself, planning to hold onto the property for a while, and getting a mortgage, there’s no reason to time the market. Prices and interest rates work hand…
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September 2022 Oahu Real Estate Market Update
September 2022 Oahu real estate market update: I like to use the analogy of how the pandemic affected the Oahu real estate market to flying down the H-1 freeway at 80 mph. Every property was flying off the shelves with multiple offers. Now the Oahu real estate market is going the speed limit of…
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Getting the highest possible price for your seller
Builds trust, loyalty, and turns into referrals.
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What is my agent super power?
There’s a lot of great agents out there with different benefits but I truly believe my agent super power is the ability to get my clients the best deal possible. @juliechuhawaii and I just helped a military couple go into escrow on a property that fell out so we were able to go in and offer a…
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Self Improvement
We all go through ups and downs, but the one thing you can control is your reaction and the story you tell yourself about what happened. That’s where I find self improvement so helpful. You update the software on your iPhone so why not update your brain? I recommend PSI Seminars, Landmark, and...
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Uncut Podcast
Check out my interview on Uncut Hawaii!
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Why you should never time the market!
The Oahu single family home market went up about 25% and condos went up about 15% in just 1 year. Do you think the Oahu real estate market will go down by that much in 1 year? Investors and those playing with cash might want to time the market a little, but for those getting a mortgage and buying…
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When should I buy a home?
When should you buy a home? Granted this video was filmed a few months ago but still holds true today even in a shifting market! 🏡
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What Makes Me Different From Other Agents?
There’s a lot of great agents out there. But if there’s one thing that I would say is my agent superpower is the ability to negotiate and get my clients the best deal possible.
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August 2022 Oahu Real Estate Market Update
Prices still higher from last year but inching lower from previous months. Closed sales are down 22.8% for Homes & Condos so that means sales activity is way down. Days on market are starting to inch longer. For my listings I’ve been offering seller credits to buyers which has been helping to put...
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What to be aware of when selecting a listing agent?
Pick someone at least willing to pick up the phone!
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How should you prepare your home before selling it?
1. Repairs/renovations 2. Declutter 3. Staging 4. Professional photos ✅
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July 2022 Oahu Real Estate Market Update
July 2022 Oahu Real Estate Market Update: The OLD market was bonkers, you had to give up your left kidney in your offers just to get a home. In the New market we live in today, instead of calling it a “cooling off” I’m going to call it more of a “normalizing” of the market. Instead of speeding…
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Frequently Asked Questions
How many episodes does Keeping it Real Estate have?
Keeping it Real Estate currently has 50 episodes available on PodParley. New episodes are automatically indexed when they're published to the podcast feed.
What is Keeping it Real Estate about?
Up to date Oahu real estate tips and information
How often does Keeping it Real Estate release new episodes?
Keeping it Real Estate has 50 episodes. Check the episode list to see recent publication dates and frequency.
Where can I listen to Keeping it Real Estate?
You can listen to Keeping it Real Estate on PodParley by clicking any episode. We provide an embedded audio player for direct listening, and you can also subscribe via your preferred podcast app using the RSS feed.
Who hosts Keeping it Real Estate?
Keeping it Real Estate is created and hosted by Ben.
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