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Wake Up To Dream Real Estate

By Scott Higashi Executive Vice President of Sales, Prudential Locations

Every good thing starts with a dream. In 2013, real estate dreamers can transition from sweet dreams to a sweeter reality because the stars are aligned for waking up to home ownership.

Whether you’re dreaming of buying your first home, downsizing to a cozier nook, moving your growing family to a larger space or buying an investment property, the current market conditions offer an ideal opportunity to invest in real estate.

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Partners (from left) Corinda S. Wong (R) and Bernie Tong (R). Photos from Prudential Locations

Prudential Locations’ in-house market research team has identified a host of conditions indicating that now is an opportune time to buy and sell. Of particular note, home prices have increased, with the median single-family home price increasing 8 percent from 2011.

In addition, more than one in every five homes in 2012 were sold at close to or more than their asking price. With inventory at record lows and a larger pool of buyers, houses are sitting fewer days on the market because homebuyers are seizing the opportunity and acting quickly.

Homeowner hopefuls who are considering putting their dreams into action need reliable resources. On its comprehensive website, Prudential Locations shares more free information on properties for sale than any other website in Hawaii, and includes all Multiple Listing Service (MLS) listings, insightful articles on real estate trends, and tools to estimate monthly mortgage fees. If you’re considering buying or selling, take some time to get the facts. With the right guidance, it’s not as hard as you might think.

No matter what your real estate dream, this year holds many possibilities. Mortgage rates are at historic lows, which increase the number of potential buyers who can consider homeownership.

Check out PrudentialLocations.com or download the Prudential Locations mobile app for the wakeup pinch you’ve been waiting for.