Today's GuamHome February 2020

TODAY'S GUAMHOME FEBRUARY 2020

WHAT'S INSIDE Market Report | Meet Our Agents | Closed by Today’s Realty On the Cover | Just Listed | 2019 Property Taxes are due!

CONTENTS Welcome to the February 2020 issue of Today’s Guamhome newsletter.

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MARKET REPORT Residential Market Snapshot from January 1, 2020 to February 1, 2020

It is our honor to present this collection of beautiful homes for your review.

Our team of over 20 agents and associate-brokers are all members of the Guam Association of REALTORS®, the National Association of REALTORS® and the Guam Multiple Listing Service (Guam MLS).

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MEET OUR AGENTS

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SOLD BY TODAY’S REALTY

We are never too busy for your referrals!

ON THE COVER

Anthony Godwin Principal Broker / REALTOR®

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Our team at Today’s Realty has ranked #1 for many years running in top sales reported to the Guam MLS. Buyers, Sellers and Renters know when it’s time for real estate... It’s time for Today’s!

A collection of recent homes sold by Today’s Realty

Jun “John” Lin Vice President / REALTOR®

334 Mount Santa Rosa, Yigo 2019 Property Taxes are due!

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JUST LISTED

Recently listed properties in the market.

GUAMHOME.COM

Residential Market Snapshot January 1, 2020 to February 1, 2020

Average Sold & Rented HOMES SOLD

CONDOS SOLD

HOMES RENTED

CONDOS RENTED

22 Single family homes sold from January 1, 2020 thru February 1, 2020 vs. the 22 homes sold in 2019.

Year to date saw a decrease in the number of single family homes rented at 69 in 2020 and 72 in 2019.

11 Condominium units have been sold from January 1, 2020 thru December 1, 2020 vs. the 22 units sold in 2019.

Year to date saw a decrease in the number of condominiums, townhomes, apartments rented from 105 in 2019 to current year at 99.

Average Sale & Rental Prices HOME SALES

CONDO SALES

HOME RENTALS

CONDO RENTALS

The average year-to-date home price of $341,536 was significantly lower than the $371,686 reported during the same period in 2019.

Average single family monthly rentals so far this year increased from $2,290 last year to current year at $2,360.

The strength of the Guam real es market cont tate in to be reside ues ntial rentals

The average condominium sale price of $215,500 in 2020 was lower than the $230,773 reported during the same period in 2019.

The monthly rental rate for condominiums, townhomes, apartments decreased from $1,790 in 2019 to $1,757 for the same period in 2020 .

Average Days in the Market HOME SALES

CONDO SALES

HOME RENTALS

CONDO RENTALS

On average, single family home sales in Guam take about 5 months to sell from date listed to date closed vs. the closings for the same period in 2019 at 6 months.

In 2020, home rentals took about 10 weeks from date listed to date closed vs. the closings for the same period in 2019 at 8 weeks.

Unit sales in Guam took about 3 months to complete transactions in 2020. Compare this to the closings for the same period in 2019 at about 3 months.

In 2020, unit rentals took about 8 weeks from date listed to date closed. Compare this to the 8 weeks for closings during the same period in 2019.

Interest rates are still very attractive with fixed rates hovering above four percent (4%). The inventory of homes on the market provides buyers with a good selection of properties to choose from. Coupled with low interest rates, itʼs a great time to buy. - Anthony Godwin, Principal Broker *Statistics from Guam Multiple Listing Service from January 1, 2020 through February 1, 2020. **Statistics from Guam Multiple Listing (MLS) from January 1, 2019 through February 1, 2019. Transactions not reported to the Guam Multiple Listing Service (MLS) are not included in this presentation.

Information deemed reliable but not guaranteed.

Entire contents, including but not limited to, content, design and concept Copyright ©2020 by LG&G Corporation. All rights reserved.

MEET OUR AGENTS

Angie Camacho

671.687.0483 angie@guamhome.com

Beverly Brady 671.688.8550 beverly@guamhome.com

Carmen Mesa 671.777.6372 carmen@guamhome.com

Chad Knapp 671.777.6520 chad@guamhome.com

Fiona Hocking 671.988.9982 fiona@guamhome.com

Fumiyuki Takahara 671.488.5502 fred@guamhome.com

Hui Gallagher 671.689.4881 hui@guamhome.com

Jackie Calvo 671.687.5050 jackie@guamhome.com

Michael Kumar 671.988.6900 michael@guamhome.com

Ray Rupley 671.685.5070 ray@guamhome.com

Sandy Yow 671.687.6006 sandy@guamhome.com

Sharmila Sahni 671.483.7125 sharmilasahni@yahoo.com

Anthony Godwin 671.688.8198 anthony@guamhome.com Principal Broker | REALTOR®

John Lin 671.688.8518 john@guamhome.com Vice President | REALTOR®

Work with the Proven Market Leader

Christine Campos 671.682.2412 christine@guamhome.com

Clariza Samaniego 671.747.7440 clariza@guamhome.com

Dennis Couzijn 671.727.3815 dennis@guamhome.com

Duane Pahl 671.689.7777 duane@guamhome.com

Janet Calvo 671.687.1841 janet@guamhome.com

Jason Young 671.685.2059 jason@guamhome.com

Julie Paxton 671.687.6900 realestate@guam.net

Kimberly Ada 671.489.5232 kima@guamhome.com

Shawntel Techaira 671.483.7368 shawntel@guamhome.com

Suzanne Naputi 671.482.6426 suzanne@guamhome.com

Vicki Anderson Estes 671.687.3558 vicki@guamhome.com

Yumiko Blaisus 671.688.7791 yumiko@guamhome.com

Thinking about a career in real estate?

We can help!

Contact us at 671-649-4361 or broker@guamhome.com 4

CLOSED BY TODAY’S REALTY

Alupang Cove Condo | $2,205/mo Days on market: 63 | MLS ID: 19-4587

Paradise Estates Home | $435,000 Days on market: 147 | MLS ID: 19-3416

Aloha Villa Condo | $1,000/mo Days on market: 134 | MLS ID: 19-3608

Dededo Home | $2,200/mo Days on market: 21 | MLS ID: 19-5083

Perez Villa Home | $480,000 Days on market: 135 | MLS ID: 19-3478

Santa Rita Home | $638,000 Days on market: 99 | MLS ID: 19-3945

Entire contents, including but not limited to content, design and concept Copyright ©2020 by LG&G Corporation. All rights reserved. Anthony R. Godwin • Principal Broker

A collection of recent properties closed by our REALTORS®

Barrigada Home | $385,000 Days on market: 60 | MLS ID: 19-4572

Yigo Home | $2,450/mo Days on market: 14 | MLS ID: 20-65

Tumon Bay Residences | $2,205/mo Days on market: 4 | MLS ID: 20-123

Villa Puntan Isa Condo | $132,000 Days on market: 84 | MLS ID: 19-4192

Dededo Home | $225,000 Days on market: 102 | MLS ID: 19-3906

Talo Verde Townhome | $3,500/mo Days on market: 5 | MLS ID: 19-3900

Entire contents, including but not limited to content, design and concept Copyright ©2020 by LG&G Corporation. All rights reserved. Anthony R. Godwin • Principal Broker

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ON THE COVER 334 MOUNT SANTA ROSA, YIGO For Rent $4,400/mo Beautifully maintained 3bd/2.5ba home with AMAZING ocean and valley views in cool and breezy Mt. Santa Rosa. Wonderful as a quiet retreat from life's hustle & bustle, and, or for entertaining cherished friends and family! This GORGEOUS executive home features ocean views from the living room & master bedroom AND the expansive roof-top patio deck. Indulge in the beautiful blue hues of your ocean view serving as the backdrop of lush surrounding vegetation and Fahna. 4 BRAND NEW ENERGY EFFICIENT SPLIT AC UNITS, granite kitchen countertops, custom cabinets, Stainless Steel appliances, water softener, dishwasher, indoor laundry... and oh... THOSE VIEWS!!!

MLS ID# 20-457

2019 Property Taxes are due!

Security Title’s tax specialist Elisha Blas reminded me that the first installment of Guam’s real property taxes are due February 20th. You have the option to pay your tax bill in full, or split it into two payments with the first half being due February 20th and the second half being due April 20th.

You might not know, but if you purchased property AFTER March 4th of 2019, you most likely will NOT receive a tax bill in the mail, but you still owe the tax. To make payment, take a copy of your deed to Rev & Tax in Barrigada and ask for the tax bill.

You may be entitled to a break on your tax bill, check out the list below and see if any of these exemptions might apply to you: 1. Home Exemption 2. Senior Citizen Tax Credit 3. Government Used Land 4. Permanent Disability Tax Credit 5. Property used exclusively for public road or easement 6. Property used exclusively for educational, religious, or other eleemosynary (charitable) purposes 7. Property included in any cemetery in use as such, and not conducted for profit 8. Land registered by the owner as Bona fide Farmer.

Documents are available on line at www.govguamdocs.com Our property tax payments help to maintain and improve our roads; they contribute to supporting our teachers and funding our schools as well as providing salaries for our firefighters and public safety officers. It is our tax dollars that support Guam Memorial Hospital, our sole public hospital. It may seem strange, but I am proud of the real property taxes I pay to contribute to this gorgeous island home of ours.

BY KIM ANDERSON YOUNG PRESIDENT, SECURITY TITLE, INC.

KIM@SECURITYTITLE.NET | 671.647.8100 FINDING SIMPLE SOLUTIONS TO COMPLEX REAL ESTATE TRANSACTIONS.

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LISTED BY TODAY’S REALTY

MARINE CORPS DR, TAMUNING LAND

116 AHAU LANE, DEDEDO

Coveted Marine Corps Drive frontage property. Take advantage of the Tumon views this 8,205+/- square meter property offers! Build commercial along the highway and residential below. Options are boundless for the imaginative soul...

Spacious 2 bedroom, 1 bath home sitting on a fenced half acre lot in a private compound with easy access to Route 1 and 15. Only 15-20 minutes from AAFB and Tamuning.

116 CHALAN MELIKA, YIGO

176 MARINE CORPS DR, ASAN

Beautiful 4 bedroom house. It has about 2,000+/-sf of living area.

You'll love the spacious living room , vaulted ceilings, open kitchen with wooden cabinets, a nicely designed master bedroom and bathroom it has jet bath, separate shower room, walking closets etc.

10,800+/-sf commercial building sited on a 2,782+/-sm lot fronting Marine Corps Drive just across Asan Beach! Building includes a 4,440+/-sf bay configured as warehouse space. There is a ground level 3,960+/-sf showroom space and a 2,400+/-sf 2nd level office.

For Sale $1,275,000 | MLS ID: 20-462

For Sale $490,000 | MLS ID: 20-255

For Sale $1,800/mo | MLS ID: 19-4708

For Sale $1,700,000 | MLS ID: 20-561

Entire contents, including but not limited to content, design and concept Copyright ©2020 by LG&G Corporation. All rights reserved. Anthony R. Godwin • Principal Broker

A collection of properties featured for Rent or Sale by our REALTORS®

B UNIT, ROSA A. ASHER STREET, ASAN

202 OKA TOWER, TAMUNING

Ocean view and the best unit within the building. Quiet two bedroom apartment unit located atop hill overlooking Philippine Sea. Granite kitchen counter top, all ceramic tiled floors. Rent includes water, mail delivery, trash collection & yard work.

Rare 3 bedroom/2 bath condo for sale with all the sought after amenities. Tamuning location with Oceanside pool and tennis courts. 24 hour security, pets allowed, gym, huge lobby area, active and on-sight management.

INARAJAN LAND

516 PIA MARINE CONDO, TAMUNING

Minutes to the beautiful Inarajan natural pools, minutes to the beautiful bear rock, hiking, swimming and adventures await you around this large parcel of property priced and ready to move!

Almost 7 acres of pristine property with possible views!

Newly renovated condo with priceless ocean view. It's ideally location to enjoy the proximity to the beaches, shopping center, and night life. Great amenities include: a swimming pool, tennis court, gym, restaurant, mail delivery, generator & more!

For Rent $1,300/mo | MLS ID: 20-541

For Sale $89,000 | MLS ID: 20-273

For Sale $365,000 | MLS ID: 20-247

For Sale $285,000 | MLS ID: 20-301

Entire contents, including but not limited to content, design and concept Copyright ©2020 by LG&G Corporation. All rights reserved. Anthony R. Godwin • Principal Broker

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