Wednesday, June 17, 2009

June Points-of-Interest

Aloha!

Winter showers and a windy Spring have given way at last to a glorious Hawaiian tropical summer. Remember to take a moment to savor the sweet life of relaxing beach side with family and friends and recapture the carefree days of your youth. I wish you all a renewing, refreshing, and rejuvenating summer experience and hope that you enjoy this month's edition of Trinity's Points-of-Interest.

Revenue Report:
Great news! Despite the harsh realities of the economy, the Hawaii visitor arrival declines, and the swine flu scare which is still plaguing us, Trinity Hawaii is bucking all trends. Our monthly revenue figures show net rents up 32.3% in April and 37.41% in May, compared to these same time periods last year. Thank you to our owners who have helped by adjusting your asking rental prices accordingly and given us the freedom to negotiate in your best interests as the seeds of your trust have blossomed into a successful spring season.

Rental Report:
The Windward side is doing a fabulous job of filling long term vacancies. Last week we closed on 3 of our 5 vacant Windward long term homes AND picked up a new long term management client whose home was filled with a long term tenant before the ink dried on the management contract. The South Shore and Metro areas are plugging along as well and are gaining momentum with inquiries up from just a month ago.

Sales Summary:
Our sales team has been busy as well with new signage and a new business card on the horizon. We'd also like to welcome to the team, Mr. Rick Prill. Rick, who formerly owned a Gold Coast condo managed by Trinity, brings with him a wealth of knowledge in buying, selling, and investing in real estate. He will be listing his home in Lanikai for sale soon, so keep an eye out you savvy investors as this may be a winner!

That's all for now. I hope that you enjoyed this month's Points-of-Interest. As always, please feel free to contact me with any questions or just to chat about the market in general. Have a sweet summer time!

Warm Regards,
Carissa Leonida
Director of Operations,
Trinity Properties LLC

Sales, Rentals, and Property Management
Toll Free (888) 939-0444
Office (808) 247-7521
Direct (808) 673-6800
carissa.leonida@trinityproperties.com
www.trinityproperties.com