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Hawaii Real Estate is Hot During the Holidays

It’s that time again! It’s time to remind sellers that, especially in Hawaii, property does, in fact, sell during the holidays! Conventional wisdom would dictate that the holiday season would be the worst time to sell. In Hawaii, however, this has not historically been true. While home sales in the rest of the nation lag during the holidays, here in Hawaii, the period between Thanksgiving and the New Year is one of our heaviest selling seasons.

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Photo courtesy digidreamgrafix/freedigitalphotos.net

Wanna know who looks at property during the holiday season? Buyers, not lookers, that’s who! It makes perfect sense. Because so many of our buyers are traveling from off-island, they tend to combine their buying trip with their holiday break. Local buyers usually have extra time off during the holidays as well. You can bet the ones who take time out during this hectic time are very serious.

Take Advantage of Holidays to Market Your Home

If selling your home is on your “to do” list for 2016, you may want to back your time table up a bit. After all, think how much nicer your home will show with the holiday decorations. Take time to bake those holiday cookies; that “homey” smell helps create a sense of nostalgia. It’s a great “staging” opportunity. It helps mentally move a buyer into the home…which is exactly where you want them to be during this busy selling season!!

Watch That Holiday Spending if You’re Planning To Buy Soon

Buyers can be sure that sellers willing to list at this busy time of year are very serious. Buying opportunities are better than ever, but one word of caution to buyers; be careful that your Christmas shopping does not give you a “holiday hangover.” Just $100 of additional credit card debt will impact the amount of mortgage you can qualify for by over $15,000. Don’t forget that new debt or credit inquiries could negatively impact your credit score as well.

Prices are stabilizing, inventory is excellent, and interest rates are historically low. These are all reasons that buyers will be buying and sellers should be selling. So shop ‘til you drop, but don’t forget to book time with your REALTOR®. Whether buying or selling, your agent will be happy to assist with your holiday real estate needs. After all, we know that there’s still time to “wrap up” your transaction in time for Christmas!

About the Author

Denise Nakanishi

Denise Nakanishi is a REALTOR Broker with Hawai'i Life. Denise Nakanishi is one of Hilo's most acclaimed real estate agents. She reached the rank of Major in the US Army and is now known by many as "Major Mom." The nickname fits–not only does Denise bring the discipline and mission-oriented attitude you'd expect, she's also caring and compassionate, always looking out for her clients like they're her own family. Having made the Big Island her home since 1987, Denise combines her extensive knowledge of the area with a sharp focus on customer service and the results speak for themselves. She's the recent recipient of the Best East Hawai`i, Best of Zillow, Chairman's Circle Award, President's Circle, Top Producing Agent since 2001, and Realtor of the Year awards. Denise stays ahead of the curve because she's passionate about education–she served as Education Chair for Hawaii Island REALTORS® for many years. She's one of Big Island's best real estate resources, known for her weekly article in the Hawaii Tribune Herald. Denise leads Team Nakanishi for Hawai`i Life, who is committed to their family, work, and community. In her little time away from work, Denise is a committed runner and Grandy. She also devotes many hours to various Veterans' Organizations, the East Hawaii Cultural Center, and the Hawaii Island REALTORS®. You can email me at denise@hawaiilife.com or via phone at (808) 936-5100.

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Curt Babcock

December 25, 2015

I am 80, and would love to finish my life in Hawaii — I have visited several times. But I also like to bet on the horses, and it seems that Hawaii prohibits my doing so. Any chance that the law may be changed in the near future?

Curt Babcock

December 25, 2015

I am 80, and would love to finish my life in Hawaii — I have visited several times. But I also like to bet on the horses, and it seems that Hawaii prohibits my doing so. Any chance that the law may be changed in the near future?

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