For Sale

Time to List

Each Monday, as Team Nakanishi and friends “Wine’d Down,” we invite local community vendors and leaders to join us for a bit of fun along with a ton of useful information.

Mortgage Lending

Each week we consider how lending has been affected. We have seen lending parameters change and then change again. Beside Len Pagan from Academy Mortgage, Farris Etterlee from Finance Integrity has provided insights into changing requirements.

Buyers affected by furloughs are probably on hold until they return to work, but now is not the time to sit on the sidelines. Keep moving forward in anticipation of returning to work. The biggest affected buyer segment seems to be self-employed individuals who, at the moment, will be required to show 6 months of reserves to qualify.

Home Inspections

Chris Grochkowski from Elite Inspection Services walked-us virtually through common issues he encounters as he inspects homes. Because home inspectors in the State of Hawaii are not licensed, he explained the importance of using a nationally certified and trained inspector.

My personal observation is that when the market was super busy, buyers were not as focused on repairs and renegotiations. They were just relieved to get their offer accepted. Today’s buyers are definitely using inspection results to re-negotiate repairs and pricing. An astute seller should get ahead of this by having their home pre-inspected. Offering the inspection, along with a completed list of repairs to the buyer will help them understand that property condition has already been factored into pricing. It’s one thing for the agent to explain this, and quite another to have proof in hand.


Nothing has really changed for showing agents. We are supposed to meet buyers at the property only after they have reviewed a virtual tour. We are not supposed to ride from house-to-house with buyers. Naturally, we are supposed to be masked, use hand sanitizers, and sterilize what we touch. And what about new listings?


Normally, we expect to see about 41 new listings in East Hawaii each week (condo and residential). This number has been hovering closer to 20-25 during the stay-at-home period. The lone exception was the last week in April when 38 condo and residential properties (not sure why) were listed. Most seem to be $350,000 or less.

We have several buyers planning buying trips in June. They assume the self-quarantine order will be lifted by then. With the economy opening back up, their assumption is likely a good one. For this reason, it seems reasonable to begin releasing new inventory in anticipation of an infusion of off-island buyers.

Join Us!

In the meantime, I’ll continue to re-cap weekly updates along with a re-cap from our “Wine’d Down” sessions, but the absolute best way to stay up-to-date is to join our Zoom session each Monday at 3 p.m. The last several were recorded, and a link can be sent to you. To add a little levity, we do start with a virtual Happy Hour with Ryan Kadota. Not only will Team Nakanishi be showcasing his weekly wine choice, the choice can be purchased in advance (with a Team Nakanishi discount) at Kadota Liquors. It’s a great way to sip and learn but feel free to BYOB. We will also be gifting a bottle of his selection to one attendee. As always, just email me or Ash to attend.

The transition from Stay-At-home to Safer-At-Home sure sounds like a move forward. As we do so, don’t forget to join us for a toast and more as we Wine’d Down Mondays at 3 p.m. See you there!

Related Posts:

COVID-19 & Real Estate 2020

Keeping it Real…Daily Changes!

Meet Me on Monday – Real Estate Wine’d Down

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 or via phone at (808) 936-5100.

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Theodora Reynolds

May 23, 2020

Great news..
Looking to buy something., nothing big something affordable. .
Let me know what you have in your inventory.
Looking on the Puna side in Keaau. Zone 3..

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