Myers Capital Hawaii, LLC

Summary:? Existing home sales grew 4.2% in February to 4.26 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Easing mortgage rates and more properties on the market have encouraged buyers to enter the market. Sales were 1.2% lower compared to February 2024, ending four straight months of year-over-year increases. ?? U.S. Housing Market Highlights – Sales of Previously Owned Homes: ?Overall Sales: -1.2% year-over-year from February 2024. ?Month-Over-Month: +4.2% to a seasonally adjusted annual rate of 4.26 million units.? ?Median Sales Price: +3.8% YOY to $398,400 (from $383,800 in February 2024). Marks the 20th consecutive month of YOY price increases.? ?Median Days on the Market: 42 in February vs. 38 in February 2024 ?Single-Family Home Sales: +5.7% MoM; seasonally adjusted annual sales rate of 3.89 million units;? -0.3% YOY. Median Sales Price: $402,500; +3.7% YOY. ?Condominium Sales: -9.8% MoM; seasonally adjusted annual sales rate of 370,000 units, -9.8% YOY. Median Sales Price: $355,100; +3.5% YOY. ?Regional Growth: ??West: +13.8% MoM; annual rate, 850,000; 0% YoY ???Median Sales Price: $614,600; +3.6% YoY? ??South: +4.4% MoM; annual rate, 1.91 million; -4% YoY ???Median Sales Price: $358,800; +1.9% YoY ??Midwest: 0% MoM; annual rate, 1 million; +1% YoY ???Median Sales Price: $295,500; +5.8% YoY? ??Northeast: -2% MoM; annual rate, 500,000; +4.2% YoY ???Median Sales Price: $463,300; +10.4% YoY ?? Inventory of Unsold Existing Homes: +5.1% MoM to 1.24 million units, representing a 3.5 month supply; +17% YOY? ?? Who’s Buying? ?Investors purchased 16% of homes in February, down from 17% in January, and 21% from February 2024.? ?First-time buyers made 31% of sales in February, up 28% in January, and 26% in February 2024.? ?? Read more, https://lnkd.in/g39vQvkn Reed Kawai Myers #usrealestate #housingmarketupdate #bridgeloans #dscr #mortgagebroker #mortgagebanker #mortgagelender #mortgages #homeloans #refinance #vacationrental #vacationrentals #condotel #homebuyer #homebuyers #investinrealestate #realestateinvestor #realestateinvestors #oahurealestate #honolulurealestate #hawaiirealestate #hawaiirealtors #myerscapitalhawaii #myerscapitalvirginia #myersinvestmentgroup #privatelending #privatemortgage #hardmoney

Oahu Real Estate Market Report – February 2025? Summary ?? Median sales price for single-family homes reached a new record high! ?? Overall sales volume for single-family homes and condos dropped. ?? Despite the decline in sales volume, contract signings rose compared to January, with a month-over-month increase of 11.5% for single-family homes and 6.7% for condos. ?? This indicates continued buyer interest amid changing market conditions. Single-Family Homes ?? ?? Median Sales Price: Increased by 10.2% to $1,185,000 from $1,075,000 in February 2024, surpassing the previous record of $1,153,500 set in May 2022. ?? Closed Sales: Decreased by 6.7% to 167 from 179 in February 2024. ?? Month-Over-Month Sales: Decreased by 14.8% from 196 in January vs. 167 in February. ?? New Listings: Dropped by 4.7% to 281 from 295 in February 2024. ? Median Days on the Market: Decreased by 23.3% to 23 vs 30 in February 2024. Condominiums ?? ?? Median Sales Price: Decreased by 3.6% to $494,000 from $512,500 in February 2024. ?? Closed Sales: Decreased by 12.3% to 293 from 334 in February 2024. ?? Month-Over-Month Sales: Decreased by 6.1% from 312 in January vs. 293 in February. ?? New Listings: Increased by 20.3% to 641 from 533 in February 2024. ? Median Days on the Market: Increased by 23.1% to 48 vs. 39 in February 2024. ?? Housing market reports are available at ?? www.hicentral.com. Reed Kawai Myers #hawaiirealestate #bridgeloans #dscr #mortgagebroker #mortgagebanker #mortgagelender #mortgages #homeloans #refinance #vacationrental #vacationrentals #condotel #homebuyer #homebuyers #investinrealestate #realestateinvestor #realestateinvestors #oahurealestate #honolulurealestate #hawaiirealestate #hawaiirealtors #myerscapitalhawaii #myerscapitalvirginia #myersinvestmentgroup #privatelending #privatemortgage #hardmoney

?? Need funds to complete your renovation? We have solutions to help you finish strong! ???? We recently helped an experienced real estate investor and home builder secure funds to finish a single-family ground-up construction project in Kamuela, Hawaii Island. ????? ? How we helped: We funded a $500,000 second lien cash-out refinance bridge loan, allowing the borrower to tap into equity on the nearly completed high-value home. ???? The funds will be used for final construction touches and new furnishings to enhance market appeal. ?? Exit Strategy: Complete the construction and sell the property for a strong return. Our flexible bridge loan financing—offered in both first and second lien positions—helps real estate investors successfully complete their projects. ? ?? See the project details: https://lnkd.in/g-d4e396 ?? Thinking about your next real estate opportunity? Our bridge loan program can help you tap into equity or acquire new properties efficiently. ?? Call us: 808-566-6611 ?? Visit: www.myerscapitalhawaii.com Reed Kawai Myers #bridgeloans #dscr #mortgagebroker #mortgagebanker #mortgagelender #mortgages #homeloans #refinance #vacationrental #vacationrentals #condotel #homebuyer #homebuyers #investinrealestate #realestateinvestor #realestateinvestors #oahurealestate #honolulurealestate #hawaiirealestate #hawaiirealtors #myerscapitalhawaii #myerscapitalvirginia #myersinvestmentgroup #privatelending #privatemortgage #hardmoney

??Rates have dropped to a 4-month low! We successfully helped an existing client lower their interest rate - even in today’s challenging environment:? ?January 2024: We refinanced their condo loan. ??One year later: Rates dropped, and we proactively reached out. ??Result: We were able to successfully drop their rate and reduce their monthly payment! ??We constantly monitor the market for opportunities to help our clients save—so you don’t have to. ?Our proactive approach means that, when rates shift in your favor, we’ll let you know. ??Our client-focused commitment goes beyond just closing a loan; we’re here for our clients for life. ?If you’re wondering whether you qualify for a rate drop, let’s talk! ?? Contact us at 808-566-6611? ?? Visit www.myerscapitalhawaii.com ?? Click the link in our bio. #bridgeloans #dscr #mortgagebroker #mortgagebanker #mortgagelender #mortgages #homeloans #refinance #vacationrental #vacationrentals #condotel #homebuyer #homebuyers #investinrealestate #realestateinvestor #realestateinvestors #oahurealestate #honolulurealestate #hawaiirealestate #hawaiirealtors #myerscapitalhawaii #myerscapitalvirginia #myersinvestmentgroup #privatelending #privatemortgage #hardmoney

The U.S. housing market experienced a nearly 5% month-over-month sales slide in January. However, the market experienced ongoing growth in both year-over-year number of sales and sales price. According to the National Association of Realtors: ?? U.S. Housing Market Highlights – January 2025: ?Existing-Home Sales: Climbed 2% year-over-year from January 2024, the fourth straight monthly YOY increase. ?Month-Over-Month Existing-Home Sales: Declined 4.9% to a seasonally adjusted annual rate of 4.08 million.? ?Median Existing-Home Sales Price: increased 4.8% YOY to $396,900 (from $378,600 in January 2024). Marks the 19th consecutive month of YOY price increases.? ?Median Days on the Market: Increased 13.89% YOY -- 41 vs. 36 in January 2024 ?Single-Family Home Sales: -5.2% MoM; annual rate, 3.68 million; +2.2% YOY? Median Sales Price: $402,000; +5% YOY to $402,000?? ?Condominium Sales: -2.4% MoM; annual rate, 400,000 units, -2.4% YOY Median Sales Price: $349,500; +2.9% YOY to $349,500 (from $339,500 in January 2024) ?Regional Growth: ??West: -7.4% MoM; annual rate, 750,000; +1.4% YoY ???Median Sales Price: $614,200; +7.4% YoY? ??South: -6.2% MoM; annual rate, 1.83 million; -6.2% YoY ???Median Sales Price: $356,300; +3.5% YoY ??Midwest: 0% MoM; annual rate, 1 million; +5.3% YoY ???Median Sales Price: $290,400; +7.2% YoY? ??Northeast: -5.7% MoM; annual rate, 500,000; +4.2% YoY ???Median Sales Price: $475,400; +9.5% YoY ?? Inventory of Unsold Existing Homes: Grew 3.5% MoM to 1.18 million, representing a 3.5 month supply; +16.8% YOY ?? Who’s Buying? ?Investors purchased 17% of homes, up from 16% in December, and matching 17% in January 2024.? ?First-time buyers made up 28%, down from 31% in December, and matching 28% in January 2024.? ?? Read more, https://lnkd.in/guxE2KFA #usrealestate #housingmarketupdate #bridgeloans #dscr #mortgagebroker #mortgagebanker #mortgagelender #mortgages #homeloans #refinance #vacationrental #vacationrentals #condotel #homebuyer #homebuyers #investinrealestate #realestateinvestor #realestateinvestors #oahurealestate #honolulurealestate #hawaiirealestate #hawaiirealtors #myerscapitalhawaii #myerscapitalvirginia #myersinvestmentgroup #privatelending #privatemortgage #hardmoney

Used credit cards for an investment property renovation and now find your credit score has dropped? High credit utilization can hurt your ability to qualify for a Debt Service Coverage Ratio (DSCR) loan, making it harder to secure long-term financing for a rental property. A cash-out refinance bridge loan can help strengthen your financial profile, making it easier to transition to a DSCR loan.? Here’s how this flexible loan program can help you get back on track:? ? Pay off high-interest credit card debt used for investment property renovations? ? Lower your credit utilization and debt-to-income ratio (monthly debts divided by gross monthly income) ? Boost your credit score with timely payments ?? Whether you're building a rental portfolio or flipping properties, our efficient, reliable bridge loans can help you tap into equity or acquire new properties. ?? Contact us at 808-566-6611 to discuss your next project. ?? Visit www.myerscapitalhawaii.com #bridgeloans #dscr #mortgagebroker #mortgagebanker #mortgagelender #mortgages #homeloans #refinance #vacationrental #vacationrentals #condotel #homebuyer #homebuyers #investinrealestate #realestateinvestor #realestateinvestors #oahurealestate #honolulurealestate #hawaiirealestate #hawaiirealtors #myerscapitalhawaii #myerscapitalvirginia #myersinvestmentgroup #privatelending #privatemortgage #hardmoney

Oahu Real Estate Market Report – January 2025 ?? Summary ? Single-family home and condo sales kicked off the year on a high note in January, both increasing year-over-year ? Median sales prices for both rose year-over-year, highlighting strong demand across both markets ? Active inventory jumped by double digits for single-family homes and condos. This gives potential buyers more choices and bargaining power ?? Single-Family Homes ?? Median Sales Price: Increased 9.7% — $1,120,000 vs. $1,021,016 in January 2024 ?? Closed Sales: Increased 6.5% — 196 vs. 184 in January 2024 ?? Month-Over-Month Sales: Decreased 14% — 196 in January 2025 vs. 228 in December 2024 ?? New Listings: Jumped 17.9% — 336 vs. 285 in January 2024 ?? Median Days on the Market: Dropped by 13.8% — 25 vs. 29 in January 2024 ?? Condominiums ?? Median Sales Price: Increased 7.4% — $539,500 vs. $502,500 in January 2024 ?? Closed Sales: Increased 6.8% — 312 vs. 292 in January 2024 ?? Month-Over-Month Sales: Decreased 3.4% — 312 in January 2025 vs. 323 in December 2024 ?? New Listings: Jumped 27.2% — 739 vs. 581 in January 2024 ?? Median Days on the Market: Grew by 34.5% — 39 vs. 29 in January 2024 ?? Housing market reports are available at ?? www.hicentral.com #hawaiirealestate #bridgeloans #dscr #mortgagebroker #mortgagebanker #mortgagelender #mortgages #homeloans #refinance #vacationrental #vacationrentals #condotel #homebuyer #homebuyers #investinrealestate #realestateinvestor #realestateinvestors #oahurealestate #honolulurealestate #hawaiirealestate #hawaiirealtors #myerscapitalhawaii #myerscapitalvirginia #myersinvestmentgroup #privatelending #privatemortgage #hardmoney

Short-term rentals in Hawaii are a favorite among real estate investors for their strong cash flow potential.?? We recently helped a repeat client unlock $640,000 in equity with a cash-out bridge loan on a short-term rental. This strategic move allowed them to pay off the existing mortgage and leverage funds to acquire another investment property. ???? ?? The Plan: Operate the property as a short-term rental. ?? The Deal: ? $640,000 first-lien cash-out bridge loan ? $800,000 property value ? 80% Loan-to-Value (LTV) ? Exit Strategy: Refinance into a long-term DSCR loan ?? See the project details: https://lnkd.in/g7qKcQzC Thinking about investing in short-term rentals or other real estate opportunities? Our flexible bridge loan program can help you tap into equity or acquire new properties efficiently. ?? Call us: 808-566-6611 ?? Visit: www.myerscapitalhawaii.com Reed Kawai Myers #bridgeloans #dscr #mortgagebroker #mortgagebanker #mortgagelender #mortgages #homeloans #refinance #vacationrental #vacationrentals #condotel #homebuyer #homebuyers #investinrealestate #realestateinvestor #realestateinvestors #oahurealestate #honolulurealestate #hawaiirealestate #hawaiirealtors #myerscapitalhawaii #myerscapitalvirginia #myersinvestmentgroup #privatelending #privatemortgage #hardmoney

We’re excited to visit a Santa Fe Historic District home that we recently funded with a bridge loan. This purchase and rehab project is moving forward smoothly thanks to our fast funding and flexible capital solutions. We closed the bridge loan in just two weeks, allowing our client to secure the property quickly and move forward with renovations. ?? The Plan: Transform this property into a high-value short-term rental. ?? The Deal: ?$1,161,750 first-lien purchase and rehab bridge loan ?25% down on a $625,000 purchase price ?100% financing of $693,000 renovation budget ?Loan-to-after-repair value: 61% ?? See the project details: https://lnkd.in/genc9UzS ?? Whether you're building a rental portfolio or taking on a fix-and-flip, our fast, reliable bridge loans can help you seize opportunities with confidence. ?? Contact us at 808-566-6611 to discuss your next project. ?? Visit www.myerscapitalhawaii.com Reed Kawai Myers #bridgeloans #dscr #mortgagebroker #mortgagebanker #mortgagelender #mortgages #homeloans #refinance #vacationrental #vacationrentals #condotel #homebuyer #homebuyers #investinrealestate #realestateinvestor #realestateinvestors #oahurealestate #honolulurealestate #hawaiirealestate #hawaiirealtors #myerscapitalhawaii #myerscapitalvirginia #myersinvestmentgroup #privatelending #privatemortgage #hardmoney

Feeling stuck trying to qualify for an investment loan? High debt or a low credit score shouldn’t hold you back from building wealth. Your debt-to-income (DTI) ratio plays a crucial role in securing financing, but there’s a solution. A cash-out refinance can help you: ? Consolidate high-interest debt ? Lower monthly payments ? Improve your credit score By reducing your total monthly debt payments compared to your gross income, you’ll strengthen your financial profile and improve your chances of loan approval with better terms. ?? Whether you're eyeing a fix-and-flip, purchase-and-rehab, or long-term rental—or looking to cash out equity from an existing property—now is the time to take action! ?? Contact us at 808-566-6611 to discuss your next project. ?? Visit www.myerscapitalhawaii.com #bridgeloans #dscr #mortgagebroker #mortgagebanker #mortgagelender #mortgages #homeloans #refinance #vacationrental #vacationrentals #condotel #homebuyer #homebuyers #investinrealestate #realestateinvestor #realestateinvestors #oahurealestate #honolulurealestate #hawaiirealestate #hawaiirealtors #myerscapitalhawaii #myerscapitalvirginia #myersinvestmentgroup #privatelending #privatemortgage #hardmoney