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TODAY'S GUAMHOME SEPTEMBER 2020

WHAT'S INSIDE Meet Our Agents | Market Report | Closed by Today's Realty | Featured Articles On the Cover | Just Listed


OUR OFFICE Welcome to the September 2020 issue of Today’s Guamhome newsletter. 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). 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! We are never too busy for your referrals!

Anthony Godwin Principal Broker / REALTOR®

Jun “John” Lin Vice President / REALTOR®

ADDRESS

1700 Army Drive, Suite 101 Dededo, Guam 96929

OFFICE #

(671) 649-4361

(671) 646-0832

WEBSITE

www.guamhome.com


TABLE OF CONTENTS 02

Meet Our Agents

04

About Guam

05

Market Report Residential Market Snapshot from January 1, 2020 to September 1, 2020

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Closed by Today's Realty A collection of recent homes sold by Today’s Realty

08

On the Cover 197 Pinate Place, Barrigada

09

Featured Article Wire Fraud

10

Just Listed

Recently listed properties in the market.

12

Featured Article 4 Easy Kitchen Hacks How to Get the Best Mortgage Rate

Guamhome.com

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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

Christine Campos 671.682.2412 christine@guamhome.com

Hui Gallagher 671.689.4881 hui@guamhome.com

Jackie Calvo 671.687.5050 jackie@guamhome.com

Janet Calvo 671.687.1841 janet@guamhome.com

Julie Paxton 671.687.6900 realestate@guam.net

Kimberly Ada 671.489.5232 kima@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

Anthony Godwin 671.688.8198 anthony@guamhome.com Principal Broker | REALTORÂŽ 2

Guam is our home, we would love to make it yours

John Lin 671.688.8518 john@guamhome.com Vice President | REALTORÂŽ


Work with the Proven Market Leader

Clariza Samaniego 671.747.7440 clariza@guamhome.com

Dennis Couzijn 671.727.3815 dennis@guamhome.com

Duane Pahl 671.689.7777 duane@guamhome.com

Fiona Hocking 671.988.9982 fiona@guamhome.com

Fumiyuki Takahara 671.488.5502 fred@guamhome.com

Michael Kumar 671.988.6900 michael@guamhome.com

Norman Lauron 671.688.3319 norman@guamhome.com

Ray Rupley 671.685.5070 ray@guamhome.com

Sandy Yow 671.687.6006 sandy@guamhome.com

Shawntel Techaira 671.483.7368 shawntel@guamhome.com

Thinking about a career in real estate? We can help! Contact us at 671-649-4361 or broker@guamhome.com Guamhome.com

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ABOUT GUAM There are 20 villages on the island of Guam. The northern, and most populated villages are Yigo and Dededo. The north central villages are Mangilao, Barrigada and Tamuning. The Agana Heights, Asan-Maina, Chalan Pago-Ordot, Hagatna, MongmongToto-Maite, and Sinajana make up our central villages. The southern villages include Santa Rita, Piti, Agat, Merizo, Inarajan, Talofofo and Yona.

Every village on Guam has something for everyone. For example, the village of Agat is famous for its annual Mango Fiesta‌ Where you will find scrumptious dishes made with this delicious fruit. The village of Talofofo, likewise, hosts an annual Banana Festival. In our central villages you will find our capital of Hagatna, the seat of Government. The village of Mangilao is host to Guam’s University and Community College.

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Guam is our home, we would love to make it yours


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

Average Sold & Rented HOMES SOLD

CONDOS SOLD

HOMES RENTED

CONDOS RENTED

200 Single family homes sold from January 1, 2020 thru Setember 1, 2020 vs. the 253 homes sold in 2019.

Year to date saw a decrease in the number of single family homes rented at 433 in 2020 and 568 in 2019.

90 Condominium units have been sold from January 1, 2020 thru September 1, 2020 vs. the 153 units sold in 2019.

Year to date saw an decrease in the number of condominiums, townhomes, apartments rented from 793 in 2019 to current year at 656.

Average Sale & Rental Prices HOME SALES

CONDO SALES

HOME RENTALS

CONDO RENTALS

The average year-to-date home price of $377,742 was higher than the $355,235 reported during the same period in 2019.

Average single family monthly rentals so far this year increased from $2,343 last year to current year at $2,348.

The strength Guam real of the market continestate ue be residentia s to l rentals

The average condominium sale price of $230,761 in 2020 was lower than the $262,049 reported during the same period in 2019.

The monthly rental rate for condominiums, townhomes, apartments decreased from $1,735 in 2019 to $1,714 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 5 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 4 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 9 weeks from date listed to date closed. Compare this to the 7 weeks for closings during the same period in 2019.

Interest rates are still very attractive with fixed rates below 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, it’s a great time to buy. - Anthony Godwin, Principal Broker *Statistics from Guam Multiple Listing Service from January 1, 2020 through September 1, 2020. **Statistics from Guam Multiple Listing (MLS) from January 1, 2019 through September 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.


CLOSED BY TODAY’S REALTY

Santa Rita Home | $2,000/mo Days on market: 238 | MLS ID: 19-4935

Royal Gardens Townhome | $2,205/mo Days on market: 111 | MLS ID: 20-1275

Merizo Land | $27,000 Days on market: 56 | MLS ID: 20-2023

Ordot Chalan Pago Home | $1,150/mo Days on market: 34 | MLS ID: 20-2149

Beachway Manor | $1,150 Days on market: 16 | MLS ID: 20-2502

Perez Acres Townhome | $2,205/mo Days on market: 23 | MLS ID: 20-2514

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Guam is our home, we would love to make it yours

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®

Agana Heights Home | $2,450/mo Days on market: 150 | MLS ID: 20-1082

Santa Rita Home | $287,000 Days on market: 71 | MLS ID: 20-1685

Royal Gardens Townhome | $2,205/mo Days on market: 29 | MLS ID: 20-2323

Mangilao Duplex | $2,450/mo Days on market: 28 | MLS ID: 20-2456

Tumon Horizon Condo | $1,450/mo Days on market: 22 | MLS ID: 20-2509

Mango Tree Center | $800/mo Days on market: 3 | MLS ID: 20-2738

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

Guamhome.com

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ON THE COVER 197 PINATE PLACE, BARRIGADA For Sale $400,000 Paradise just got even better! This immaculate 3bd/2ba home was built by members of the Paradise Estates development! See for yourself. Same attention to detail, same floor plan, same finishes, same garage, but at a MUCH better price, and, so well taken care of. Outside the lawn is top-notch, with garden landscaping...and, we have to mention the exquisite Argentinian stone masonry bbq that was just completed! This is a sweet buy and your new beautiful home in paradise!

MLS ID# 20-2822

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Guam is our home, we would love to make it yours


Wire Fraud This is an important message for all buyers, sellers and real estate agents. WARNING, wire fraud is real and home buyers and sellers are one of the biggest targets. With more people handling banking and their financial affairs from home, it is more important than ever to be diligent about the problem of wire fraud. For this reason Security Title has developed a wire safe program to help protect our clients against wire fraud, but there is no substitute for a sharp and suspicious look at every single financial transaction we process each day. Be wire safe by following these four steps every time. 1. Call, don’t email. Confirm all wiring instructions by phone before transferring funds. Use the phone number provided on website or from a business card. Know the people you are dealing with on the other side of the wire transfer and stay in touch with them until the wire is received. 2. Be suspicious! It is NOT common for title companies to change wiring instructions and payment information. In fact, our wire transfer forms have a notice in big red lettering saying that we will NOT change our wire instructions in the course of the transaction. If you receive a notification to send the wire to a new account, assume it is a scam. Better safe than sorry! 3. Confirm it all. Ask your bank to confirm the account number and name on account before sending any wire. 4. Verify immediately. Call your title company to confirm the funds were received. Because of time and date differences it can take a day or so for the funds to post to our trust account. With some banks we can see the incoming wire being processed, providing a measure of confidence. Remember to inquire before you wire. Be wire safe!

BY KIM ANDERSON YOUNG PRESIDENT, SECURITY TITLE, INC.

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


LISTED BY TODAY’S REALTY

334 MOUNT SANTA ROSA, YIGO

1711B ROSA A. ASHER, ASAN

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.

Situated along the Asan mountain side just off Rt. 6, enjoy the sunset view (and early morning skies). Interior recently repainted. Cozy, quiet, enjoyable ocean view unit. A sunset every evening awaits you. 2bd/1ba.

G412 APUSENTO GARDENS

116 DUENDES AVENUE, MANGILAO

Military Validation Completed. Tastefully done by Owner and fully furnished 3 bedroom 2 bath corner unit is ready for you and your partner or family to move right in. Amenities include pool, mail service, security guard and awesome ground maintenance service.

Located in the ever popular Sunrise Villa, this stylish and modern 4 bedroom 3 bath home is comfortable and welcoming. Includes a modern kitchen with granite counters, stainless appliances, a grand entry parlor with separate den, living and dining rooms.

For Rent $2,600/mo | MLS ID: 20-457

For Rent $2,450/mo | MLS ID: 20-2859

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Guam is our home, we would love to make it yours

For Rent $1,300/mo | MLS ID: 20-2797

For Sale $675,000 | MLS ID: 20-1672

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®

14 BAKI STREET, PEREZ ACRES TOWNHOMES

513 TUMON HOLIDAY MANOR, TUMON

Enjoy living in this prestigious community! Recently renovated floor tiles, a gated entry and an on-site management team ensures a safe and high quality of living in northern Guam. Superb community amenities to enjoy. Two parking spaces included. Motivated seller!

Gorgeously appointed, and fully furnished - and, this PLEASURE ISLAND location cannot be beat. This 1st floor unit has a wonderful covered patio overlooking the pool. Beautiful built-ins, high-grade kitchen cabinetry and bathes, and ceramic floors.

705 AGANA BAY CONDO

190 KINDO CIRCLE, SINAJANA

Every once in a while does a very nice corner unit come up on the market in this building! This 7th floor 3bd/2ba condo unit is priced to move! Enjoy the guamazing sunsets, awesome pool, great beachfront location, secured entry, and more.

This home is a tall narrow city like house with spectacular views of the ocean and hills. This 4bd/3ba home features 3,265+/-sf of interior space, ADA compliant living space, large rooftop deck, spacious 3rd floor primary bedroom w/ jacuzzi bath and more!

For Sale $250,000 | MLS ID: 20-2846

For Rent $2,450/mo | MLS ID: 20-2886

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

For Rent $3,000/mo | MLS ID: 20-2525

For Sale $585,000 | MLS ID: 20-2378

Guamhome.com

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4 Easy Kitchen Cleaning Hacks Are you sick of the food stains on your stove top? How about the fingerprints that never seem to come off your stainless steel appliances? With these cleaning hacks, you can keep your kitchen just as spotless as it looked when you first moved in. Steam Your Microwave It’s inevitable for your microwave to get dirty, from cooking and reheating all different kinds of food. Wipe out any crumbs with a wet rag or sponge first. Put about 2 tablespoons of baking soda mixed with water into a bowl and microwave for about four minutes. Let it sit and steam for about two minutes, then remove the bowl and turntable and with a new, damp sponge, wipe out the inside. Wash your turntable with soap and warm water and return to its place. Clean Glass Stove Top With Dryer Sheets With a glass stove top, you can expect food, grease and water stains to linger. Instead of scrubbing with cleaners - and possibly scratching your glass top - collect the dryer sheets from your last few loads of clean laundry. Lightly wet the used dryer sheets and place over the stains on your glass top. Leave them for 4-24 hours. Wipe clean to reveal a clean surface. Use Vinegar and Oil to Shine Stainless Steel Whether you buy a home or upgrade your kitchen, stainless steel appliances are a popular and timeless style. Even though you get a sleek look, fingerprints, water spots and stains don’t seem to escape the surface. Spray white vinegar onto your appliance and wipe in the direction of the grain. Next, dip a paper towel or soft or microfiber cloth into olive oil and polish the stainless steel. Be sure to wipe in the direction of the grain for this step as well to ensure a smooth finish. Pre-Soak Your Oven Before you take on the task of cleaning your kitchen, take everything, including the racks, out of your oven. Soak your racks in warm, soapy water in the bathtub. Spray down the inside of the oven and let it set while you continue throughout the rest of the kitchen. Once you’re done with your other cleaning tasks, wipe out the oven thoroughly and scrub down racks with a sponge to remove burnt food and oils. Reprinted with permission from RISMedia. ©2020. All rights reserved.

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Guam is our home, we would love to make it yours

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


How to Get the Best Mortgage Rate A house is a major purchase. In fact, it’s typically one of the biggest purchases people make in their whole lives. If you’re like one of the millions of buyers who get a mortgage for their dream home, securing the lowest interest rate possible could go a long way toward saving you money over the lifetime of the loan. According to national nonprofit American Consumer Credit Counseling, here are five factors homebuyers need to consider to get the best mortgage rate: Good credit score. The higher the credit score, the better the mortgage rate. People with lower scores are considered more at risk of defaulting on the loan. To improve your score, make sure you pay all your bills on time and try to eliminate or significantly lessen credit card balances. Down payment. Building savings and being able to put forward a larger down payment will help you receive a lower mortgage rate. Ideally, you should try to save up enough to make a 20 percent down payment. Steady employment. Working for the same employer for at least two years shows mortgage lenders you have steady earnings, which makes you a more attractive borrower. Fixed rate vs. adjustable rate. Fixed-rate mortgages keep the same interest rate the entire life of the loan. Adjustable-rate mortgage (ARM) rates change over time, beginning with an introductory period that lasts three, five, seven or 10 years of a steady rate. Following this introductory period, the ARM rate may change periodically. 15 year vs. 30 year. If you have a consistent income and feel you’ll live in your home for an extended period, it may be worth considering a 15-year loan rather than the average 30-year loan. Although a 15-year loan means higher monthly payments, it’ll save you thousands of dollars in interest. Make sure you shop around for lenders and do research, even when refinancing, to make sure you’re getting the best rate for your situation. This article is intended for informational purposes only and should not be construed as professional advice.

Reprinted with permission from RISMedia. ©2020. All rights reserved.

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

Guamhome.com

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Profile for Todays Realty

Today's GuamHome Newsletter  

Check out our latest issue of Today's GuamHome, stay up to date with our residential market snapshot, get insight & advice from Security Tit...

Today's GuamHome Newsletter  

Check out our latest issue of Today's GuamHome, stay up to date with our residential market snapshot, get insight & advice from Security Tit...