FIND YOUR HOME IN HAWAII NOW 🏠 coreteamhawaii.com/ CONTACT OUR TEAM 📲 (808) 202-9194 (we respond to text messages quickly) 📲 Email support@coreteamhawaii.com
Spent many days in Ewa Beach in the 70s at my aunties house. She lives in the Filipino camp, even now. Played in the pineapple and sugar cane fields as a child so many happy memories. Now, all the fields are shopping centers or housing developments.
This is where my new job is. I have to ship my truck, my tool box and I’m selling everything else. The only thing is my Dog I’m not sure how to get her there
@@movingtohawaii absolutely I already went on Hawaii’s website for agriculture and there’s a very long list of things I need to do to even get her there but I’m going to get started this week on that immediately because I do not want to quarantine her.
It really all depends on the time of day and time of year. When lots of people are driving from the west side into town (mostly students and people who work in town) during the morning you can experience a lot of time waiting in your car on the road.
What a perfect, informative video! It’s a great comparison because it’s realistic. This is exactly what most, if can, military families will do when trying to find a neighborhood to live in. Appreciate all the research and you did most of the work on information for us!! Thank you!!
Thank you for the all the input. I am attending graduate school to be Psychiatric Nurse Practitioner. After graduating and working for 6 months for work experiences, I plan to move to Oahu Hawaii. I think Mililani Mauka is great place to buy a home. I hope the house won’t be to expensive by the time I move there. I want to move for fresh air to breath and good weather. I am from NYC and I am used for high cost of living.
Big plans on the horizon! That sounds great, Benito. Advancing your career and moving to Hawaii sounds like a major level-up in life. Mililani Mauka is also where we just bought a home and we're settling in now. Absolutely love everyday here! Like you said, the fresh air and tropical weather keep us comfortable and happy. I responded to your other comment with my personal contact information should you have any more specific questions we didn't address in this video. Feel free to reach out anytime! (I can respond to text messages quicker 📲 (808) 202-9194) Have a great day, Benito. Aloha
Glad to share this information with you. This video addresses a question we get asked all the time so we know it'll bring value to a lot of people moving to Oahu. Just curious, do you have a preference between Mililani and Ewa Beach?
Both are great options. It all comes down to what's right for your lifestyle and goals. Feel free to call/msg/email me anytime with specific questions. We can even start a customized search to match your criteria and narrow in on Mililani Mauka or Mililani Town. 📲 (808) 202-9194 📲 Email derek@derekokahashi.com
Feel like we r at height of market, lots of new dynamics from whitehouse and old joe, how much more upside potential can there be at this median price point,opinion???????
Aloha William. This is a lengthy conversation and maybe we will make another video on it. We sort of addressed these questions in our video "WHY THE OAHU HOUSING MARKET SUCKS", but not specifically. The way I usually answer questions about market predictions is that my crystal ball is broken, but that I listen to other really smart people and do my best to navigate the shifting markets as I am an investor myself. First: **I am not a financial advisor ** I am an obsessed real estate professional though... If I put my pessimistic hat on, I would say: - we are in an unprecedented bull market going on 11+ years - this can't sustain - interest rates will eventually go up which will cause prices to drop - the average person is already priced out - there is some loose lending potentially in the market (not a lot; see The Big Short and BTO's etc.) - people are burning cash reserves to purchase homes - this can't sustain...? If I put my optimistic hat on I would say: - Obama printed a trillion $ in 8 years, Trump approved a trillion in a stimulus package to respond to the pandemic, Biden just printed another trillion (or similar very large amounts); when governments devalue their currency like that the result is inflation - ^^when inflation is on the rise, I want to have assets in the form of real estate or businesses; if your home appreciates or inflates, you probably don't care as long as the value increased - there is a lot of equity being forced into the market as homes are being bought for cash and with large down payments, so it makes it hard for there to be a bubble where something bursts because people have large sums of $$ put into their home from day 1 so they are not incentivized to walk away like they were 12 years ago - 2008 was so bad that the digression set us so far back that even 8 years of steady 3.5% appreciation just started to bring us to even keel around 2020, so imagine if the starting point of this run was not really 2010 but really 2020... (again I am not an economist I am just wearing my imaginary optimistic hat) - interest rates in the 2-3% range often result in a home buyer paying 50% or more of their monthly payment into interest from day 1, vs in past years maybe paying 20% or less; again this means more equity which means more stability in the market - people are surging to buy more square footage following the pandemic to separate kids and or have an office; this means they have a living situation that they are committed to for quite sometime; the condo market in most metro areas is not in fire in the same way the suburb single family market is .....and I could go on. I think there are reasonable cases to make both arguments that the market has to correct or at the least plateau, but at the same time there are strong points on why it maybe plateaus but doesn't crash. So, for my buyers the conversation remains the same in principle regardless of the year. How long will you be here, how stable is your life and income, what are your exits, what do the numbers look like should you need to hold the asset after leaving/PCS'ing from Oahu, if you held at a deficit for 4 years what is that cost and what kind of capital appreciation could you expect based on historic rebounds following corrections. I have a spreadsheet I use to help homebuyers kind of understand these numbers if they want to get analytical. Most people just consider these things and figure that it usually works out when you buy and if their timing is off, they have the holding power. Surprisingly a lot just buy without analyzing much at all and it seems to workout for them. The market will correct. It's just a matter of when, how much, and what it means for you. I hope that helps! Thanks for commenting!
This video could easily be an hour long because there's so much to consider between Mililani and Ewa Beach. Do you care to share what information you found most valuable? (Or, maybe we missed something you want to know more about?)
Yes, as professionals we have rules to abide by. And as a local who grew up and lives in these two highly sought after communities it's a crime for me not to be able to share my personal experience with those who could truly benefit from it. It's a fine line, but at the end of the day my goal is to give value to those who need it most!
I'm looking for a older home safe place like Angelique Cooper home on Oahu she has a u tube Chanel. I'm retired and don't know if I can afford it my so lives in Waikiki, and wants me to move there. 😊. Mahalo
Ewa beach still kinda messed up. Not like before but ahh too much ppl I know live there and still drive their kids to town to go school cuz the public schools over here suck. As for mililani kids they go school in mililani lol
I lived the opposite. I grew up in mililani and moved to Ewa and your video is pretty accurate. One thing I would add, there are more people riding mopeds in the evening and lighting up fireworks year round in Ewa lol.
![AVOID Mililani Hawaii [96789] UNLESS You Can Handle This!](/img/n.gif)
FIND YOUR HOME IN HAWAII NOW
🏠 coreteamhawaii.com/
CONTACT OUR TEAM
📲 (808) 202-9194 (we respond to text messages quickly)
📲 Email support@coreteamhawaii.com
5-8 degrees difference!
Spent many days in Ewa Beach in the 70s at my aunties house. She lives in the Filipino camp, even now. Played in the pineapple and sugar cane fields as a child so many happy memories. Now, all the fields are shopping centers or housing developments.
This is where my new job is. I have to ship my truck, my tool box and I’m selling everything else. The only thing is my Dog I’m not sure how to get her there
Let’s chat and discuss a couple dog moving options.
@@movingtohawaii absolutely I already went on Hawaii’s website for agriculture and there’s a very long list of things I need to do to even get her there but I’m going to get started this week on that immediately because I do not want to quarantine her.
Love your videos. I just purchased a new home bilt by Gentry Homes in the North Park area.
Congrats!! I’m always looking to
Improve so I must ask, how could we have been your team of choice and been apart of your home buying process?
Is the commute to camp smith from EWA bad? Waze is telling me 30 minutes but your info scares me a bit
It really all depends on the time of day and time of year. When lots of people are driving from the west side into town (mostly students and people who work in town) during the morning you can experience a lot of time waiting in your car on the road.
What a perfect, informative video! It’s a great comparison because it’s realistic. This is exactly what most, if can, military families will do when trying to find a neighborhood to live in. Appreciate all the research and you did most of the work on information for us!! Thank you!!
Alexies Mahalo for the positive comment. We hope we can connect with you soon.
I'VE HEARD THAT SCHOFIELD BARRACKS, SOME HOMES HAVE A FIRE PLACE!!!
Thank you for the all the input. I am attending graduate school to be Psychiatric Nurse Practitioner. After graduating and working for 6 months for work experiences, I plan to move to Oahu Hawaii. I think Mililani Mauka is great place to buy a home. I hope the house won’t be to expensive by the time I move there. I want to move for fresh air to breath and good weather. I am from NYC and I am used for high cost of living.
Big plans on the horizon! That sounds great, Benito. Advancing your career and moving to Hawaii sounds like a major level-up in life. Mililani Mauka is also where we just bought a home and we're settling in now. Absolutely love everyday here! Like you said, the fresh air and tropical weather keep us comfortable and happy. I responded to your other comment with my personal contact information should you have any more specific questions we didn't address in this video. Feel free to reach out anytime! (I can respond to text messages quicker 📲 (808) 202-9194) Have a great day, Benito. Aloha
@@movingtohawaii I will save your contacts when I am ready I will let you know.
Great video. My hometown is Mililani. You are doing a great job. You are a great story teller!
Definitely hit you up when we decide to buy on Oahu.
Lots of useful and great information. I’m thinking of moving to Oahu in the future. This is very helpful, thank you!
Glad to share this information with you. This video addresses a question we get asked all the time so we know it'll bring value to a lot of people moving to Oahu. Just curious, do you have a preference between Mililani and Ewa Beach?
I won’t mind Mililani town either.
Both are great options. It all comes down to what's right for your lifestyle and goals. Feel free to call/msg/email me anytime with specific questions. We can even start a customized search to match your criteria and narrow in on Mililani Mauka or Mililani Town. 📲 (808) 202-9194 📲 Email derek@derekokahashi.com
@@movingtohawaii 🙏🏼 thank you!
@@benjoju my pleasure!
Feel like we r at height of market, lots of new dynamics from whitehouse and old joe, how much more upside potential can there be at this median price point,opinion???????
Aloha William. This is a lengthy conversation and maybe we will make another video on it. We sort of addressed these questions in our video "WHY THE OAHU HOUSING MARKET SUCKS", but not specifically.
The way I usually answer questions about market predictions is that my crystal ball is broken, but that I listen to other really smart people and do my best to navigate the shifting markets as I am an investor myself.
First: **I am not a financial advisor ** I am an obsessed real estate professional though...
If I put my pessimistic hat on, I would say:
- we are in an unprecedented bull market going on 11+ years
- this can't sustain
- interest rates will eventually go up which will cause prices to drop
- the average person is already priced out
- there is some loose lending potentially in the market (not a lot; see The Big Short and BTO's etc.)
- people are burning cash reserves to purchase homes
- this can't sustain...?
If I put my optimistic hat on I would say:
- Obama printed a trillion $ in 8 years, Trump approved a trillion in a stimulus package to respond to the pandemic, Biden just printed another trillion (or similar very large amounts); when governments devalue their currency like that the result is inflation
- ^^when inflation is on the rise, I want to have assets in the form of real estate or businesses; if your home appreciates or inflates, you probably don't care as long as the value increased
- there is a lot of equity being forced into the market as homes are being bought for cash and with large down payments, so it makes it hard for there to be a bubble where something bursts because people have large sums of $$ put into their home from day 1 so they are not incentivized to walk away like they were 12 years ago
- 2008 was so bad that the digression set us so far back that even 8 years of steady 3.5% appreciation just started to bring us to even keel around 2020, so imagine if the starting point of this run was not really 2010 but really 2020... (again I am not an economist I am just wearing my imaginary optimistic hat)
- interest rates in the 2-3% range often result in a home buyer paying 50% or more of their monthly payment into interest from day 1, vs in past years maybe paying 20% or less; again this means more equity which means more stability in the market
- people are surging to buy more square footage following the pandemic to separate kids and or have an office; this means they have a living situation that they are committed to for quite sometime; the condo market in most metro areas is not in fire in the same way the suburb single family market is
.....and I could go on. I think there are reasonable cases to make both arguments that the market has to correct or at the least plateau, but at the same time there are strong points on why it maybe plateaus but doesn't crash. So, for my buyers the conversation remains the same in principle regardless of the year. How long will you be here, how stable is your life and income, what are your exits, what do the numbers look like should you need to hold the asset after leaving/PCS'ing from Oahu, if you held at a deficit for 4 years what is that cost and what kind of capital appreciation could you expect based on historic rebounds following corrections.
I have a spreadsheet I use to help homebuyers kind of understand these numbers if they want to get analytical. Most people just consider these things and figure that it usually works out when you buy and if their timing is off, they have the holding power. Surprisingly a lot just buy without analyzing much at all and it seems to workout for them.
The market will correct. It's just a matter of when, how much, and what it means for you. I hope that helps! Thanks for commenting!
Thanks buddy for this informative video.
This video could easily be an hour long because there's so much to consider between Mililani and Ewa Beach. Do you care to share what information you found most valuable? (Or, maybe we missed something you want to know more about?)
I agree with you. It's not fair you can't tell us it is a bad neighborhood.
Yes, as professionals we have rules to abide by. And as a local who grew up and lives in these two highly sought after communities it's a crime for me not to be able to share my personal experience with those who could truly benefit from it. It's a fine line, but at the end of the day my goal is to give value to those who need it most!
I heard that a rail system was being established. Any updates on that?
I'm looking for a older home safe place like Angelique Cooper home on Oahu she has a u tube Chanel. I'm retired and don't know if I can afford it my so lives in Waikiki, and wants me to move there. 😊. Mahalo
Ewa beach still kinda messed up. Not like before but ahh too much ppl I know live there and still drive their kids to town to go school cuz the public schools over here suck. As for mililani kids they go school in mililani lol
Ewa Beach has most definitely changed over the years! For better or worse? That depends on who you ask.
I lived the opposite. I grew up in mililani and moved to Ewa and your video is pretty accurate. One thing I would add, there are more people riding mopeds in the evening and lighting up fireworks year round in Ewa lol.
Kaleo you are speaking truth!!
Son
Realtors should not be able to make videos because they will promote where they sell.