Daniel Newbill is Awarded the Prestigious Certified Luxury Home Marketing Specialist Designation

Daniel C. Newbill III, Real Estate Sales Director with Optimum Realty of Honolulu, Hawaii has earned the Certified Luxury Home Marketing Specialist designation in recognition of his experience, knowledge and expertise in the luxury home market. “Daniel Newbill is an example of a real estate professional who has worked to develop market knowledge and the special skills and competencies necessary to provide exceptional service in the fine homes and estates marketplace,” said Institute President Laurie Moore-Moore, upon announcing Newbills designation. “Affluent buyers and sellers can turn to sales professionals who have this designation and be confident that they have special expertise and experience in the luxury home marketplace.”

“I am committed to providing outstanding service to my clients,” said Newbill “the Certified Luxury Home Marketing Specialist designation is evidence of my ability to meet the needs of affluent buyers and sellers. My membership in The Institute for Luxury Home Marketing also provides me with marketing tools and networking capabilities that benefit my clients.”

Newbill is an award-winning real estate professional who has gone through special training and met performance standards in the upper tier market. He has been in real estate since 2000 and specializes in luxury real estate including oceanfront properties and high-end condominiums.

For the full press release click here.

To learn more about the luxury market, click here.

Higher Cost Areas Get Some Love

The economic stimulus package enacted into law on Feb. 13 includes increases to conforming and FHA loan limits. Included in the package are:

• The FHA limit will increase to as much as $729,750 in high cost areas (to 125% of local median home prices) for loans approved on or before December 31, 2008. In addition, the measure gives the Secretary of HUD the discretion to raise any individual area loan limit by an amount not to exceed $100,000.


• The GSE limit will be increased up to $729,750 for loans originated after July 1, 2007 to December 31, 2008. Currently Fannie Mae and Freddie Mac are capped at $417,000. It appears the formula mirror that used by FHA, with GSE loan limits increasing to 125% of the local median home price, but not to exceed $729,750.


• An economic impact study conducted by NAR earlier this month estimated that increasing the GSEs’ conforming loan limits would result in as many as 500,000 refinanced loans and could help reduce foreclosures by as much as 210,000. In addition, over 300,000 additional home sales could be generated, housing inventory would be reduced and home prices would be strengthened by two to three percentage points.


• HUD is required by the law to publish the new mortgage limits by March 14, 2008. These new limits will be effective for FHA immediately upon publication.
  Updates on these provisions will be provided when it becomes available.

(this is an actual picture of a heart-shaped island...Turkljaca, Croatia Island)

Optimum Realty Launches a Property Management Division

(Property Manager/Pet Specialist, Taryn Wong, with her dogs Macie Elizabeth & Spencer)

Optimum Realty LLC announces its new property management division on the Island of Oahu. Optimum specializes in managing luxury properties including vacation rentals and representing tenants who desire the same. Optimum is different from your average property management company in that we cater our services specifically to the needs of our luxury clients. Technology sets us apart with our online property tracking, billing and communications.

Optimum is also proud to be a pet friendly company. For pet lover tenants, we are knowledgeable in pet friendly buildings and homes and we teach you how to show your landlords that you are a responsible pet owner with pre-pet applications and pet health reports.

For owners, although not required, allowing pet tenants offers a monetary rental benefit and increased tenant pool. We will help protect your property with a strict pet tenant screening process and additional pet deposits.

For more information about Optimum's property management services please visit: http://www.OptimumRealtyLLC.com/PropertyManagement or email PM@OptimumWorld.com .