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Learn About Reverse Mortgages with Wendy Oshiro

This week on the Team Lally Real Estate Radio Show, we interviewed Wendy Oshiro of Open Mortgage, LLC. She talked to us about how she helps clients make informed decisions by teaching them how reverse mortgages work.

We have your favorite experts providing this week's tips on property management, mortgage loans, home inspection and home insurance!

To get the latest Covid-19 information and its impact on the current real estate market, visit https://www.teamlally.com/covid19/  

We Want to Help COVID-Impacted Families Sell Their Homes

We want to help three families who have been impacted by COVID-19. Here’s how.

At Team Lally, we pride ourselves on our community outreach efforts to help keep Hawaii special. For our latest effort, we’re going to waive the list-side commission for three families who have been impacted by COVID-19. We already have one family signed up, so here’s where we need your help: If you or someone you know has been affected by the pandemic, visit www.HelpingOahu.com and fill out the form. We’ll review your submission, possibly invite you to do an interview with us, and then make a decision.

A Quick Market Update and Quick Advice for Buyers

Here’s what to know as we head into fall.

The August numbers are finally out for our real estate market and we’re excited to share them with you. 

For starters, the single-family home median price is up to an all-time high of $839,000. For condo units, we had about 400 units sold at an average price of $430,000. The single-family homes are selling in an average of 15 days, while condos are taking slightly longer at 23 days on average.

If we were representing you as a buyer, here are our three top pieces of advice:

1. Come in strong. Inventory is low and competition is fierce.

2. Make sure you’re pre-approved. Your offer won’t be nearly as strong without one.

3. Hire professional agents. It’s tough out there and you’re going to need some experience on your side.

If you have any questions for us about the current market or anything else related to real estate, don’t hesitate to reach out via phone or email. I look forward to hearing from you.