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As a real estate agent I am often asked, "Can you find a property at a bargain price that we can turnaround quickly to make money?"
The inventory on Oahu is at record low levels. Combined with today's interest rates, which maximize buying power and have brought more buyers into the market, these inventory levels are changing the playing field for buyers and sellers.
Pearl City / Aiea has a blend of long-standing, modest single family homes accommodating multi-generational families, and rising towers of concrete cubicles providing housing to a new generation. For those who prefer to be near commerce and activity, high-rise condos and townhomes buffer the Pearl Ridge Shopping Center. The highest concentration of living units line Koauka Loop. However, just minutes away (depending on traffic) in the hills of Halawa Heights and Aiea Heights, are opportunities for those able to afford larger lots and houses, and often some nice views.
A Condominium Property Regime (CPR) in its simplest form is a condo. It is a way of owning a home or unit while sharing the use or access to a parcel of land. A CPR property can be a typical high-rise with lots of units or a beach-front home with only two detached units.
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