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Market Conditions in Hawaii County : Real Estate Advice

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  • Local Info1
  • Home Buying5
  • Home Selling1
  • Market Conditions0

Activity 23
Thu Mar 26, 2015
Diana Hellman answered:
Rather than posting in this generalized section, I would recommend reaching out to a realtor who covers this area by googling real estate company in Kailua-Kona. Then you should reach out to a realtor there and ask for a comparative market analysis, based on recent sales of comparables. ... more
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Wed Oct 29, 2014
Kit Muhs & Ray Doblick answered:
The tsunami evacuation zone ends at approx. 1st Ave (Akala Ave.). This home is far above that so, no, it's not in the tsunami evacuation zone.
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Sun Oct 5, 2014
toxwatch1 answered:
You may want to consider the condition your lots are in,. especially if you do not live here in the area - MANY lots here in Nanawale Estates are going to need a lot of heavy-duty clearing work. Hurricane Iselle brought down hundreds of albezia trees ranging from 60 to 120 feet tall. Most are twisted in two around nid-height, plus, since the lava shield prevents deep roots, the trees are lying over Nanawaleon their sides with root masses 20-30 feet in diameter sticking up. Also, there are lots of holes in the ground, making it easy for workers to trip into and possibly beak a leg. If you do have tree work done be sure your tree copmany is bonded. All this, and I am assuming you are aware of the lava flow we are preparing for - the USGS predictions are that it will miss our neighborhood by at least half a mile, but if the lava continues to flow it will block the only access road into this area - and eventually may block the two alternate gravel roads that the county is working on.

Guess this is a long way around to say this is probably not a good time to sell (or buy) in the Lower Puna area if you don't have to. Pay your property taxes and wait until things stabilizer here.
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Sat Jan 25, 2014
Pam Boesch asked:
This question was asked from http://www.trulia.com/property/3143533654-78-6842-Alii-Dr-Kailua-Kona-HI-96740
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Mon Jan 6, 2014
Blake Howell answered:
This home became available in Kamani Trees today: http://konarealestatenow.com/property/24473362/76-403-KANAKA-ST-Kailua-Kona-HI-96740
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Thu Oct 24, 2013
Galyn Williams answered:
Aloha,

Mahalo for your question.With 240+ active land listings in HOVE, buyers still have lots to chose from. In the last 90 days 20+ land lots have sold (compared with 15 during that same period in 2012).

Prices reflect approx a 10-15% increase over lot prices in early/mid 2012. Because each lot is unique, it is challenging for an apple to apple comparison. You could find lots to buy in HOVE in 2012 for the middle to upper $3,000. Now we are seeing sold prices (for similar properties) being sold in the upper $4,000 and low $5,000's...over 50% of the sales in the last 90 days were over $10,000.

Please feel free to contact me as to specific questions you may have about Hawaiian Ocean View Estates (HOVE)....Galyn

Galyn Williams REALTOR® Salesperson, SFR® RS 66905
(Direct Number ) 808-756-7986
email AlohaGalyn@yahoo.com
(Office)......808-934-7600
(Fax)......... 808-934-7644
Aloha Coast Realty LLC....101 Aupuni Street, Suite 248...Hilo Hawaii 96720
'O ke ahe lau makani, 'o ke kai malino,
'o ka lani mala 'ela'e... E malu ko ke ao a pau.

Your source of Professional Real Estate Representation on the Big Island of Hawaii
... more
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Wed Oct 16, 2013
Stefanie Schomaker answered:
Aloha:) Good question! I really do not know why listing agents use older out dated photos for their listings. Are you interested in this property? thank-you stefanie
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Mon May 13, 2013
Julie Ziemelis answered:
I live in a condo now in Keauhou and the Assoc fees are $650 a month..many of the condos in this area are about that. Labor/water/insurance are expensive in West Hawaii.
0 votes 2 answers Share Flag
Mon Apr 22, 2013
Jeanmarie Theine answered:
Aloha Janet,

I checked the sales in Hawaiian Beaches/Parks/Shores since Oct. 2012; there have been 28 lots sold ranging in price from $4500-$85,000(ocean-front). The majority of the lots sold in range of $6000-14,000. Hope this helps.

Jeanmarie Theine R(S)
Hawaiian Island Homes, Ltd.
Pahoa Branch
(808)640-3673
jeanmariehawaii@gmail.com
... more
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Sat Apr 20, 2013
Dennis Yates answered:
Aloha, Charmaine -- This is Alii Lani. They're 'hot sellers'! There have been 25 sales in this project in the last 12 months -- that's more than one sale every two weeks. Currently, there is only one unit listed for sale. We're currently experiencing low inventory in a lot of areas. Would you like some assistance with your condo search?
Special Agent Julie Ching, R(B), Broker-In-Charge, Windermere/C & H Properties, 75-5919 Walua Road, Kailua-Kona, HI 96740, 808.329.2601 Office, 808.987.4129 Direct
... more
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Sun Mar 31, 2013
Forrest Arnold answered:
Aloha Diana--- As 2013 unfolds, condo prices have leveled out at much lower levels than in prior 3-4 years...the trick is to be ready to make a quick move on a desirable unit that appears..As always, you will have a reasonable period of time to review the investment..but moving quickly to tie up the unit is the best way to acquire a great deal. Give a call if you'd like to talk it over--- Forrest 808-987-2365 ... more
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Wed Mar 6, 2013
Mark Guagliardo asked:
The median list price in March for single family homes in Waikoloa is $464,950. The list prices increased by 3.55% from the previous month.
The price per square foot for listings in this…
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Sat Aug 25, 2012
Galyn Williams answered:
Morning Tai,

In the HOVR subdivision vacant lots like yours in the last 6 months are selling in the very low 20's (during that time there have been 10 sales and your lot would be competing with 20+ other lots for sale in HOVR).

Because you home is larger than most, getting a "current market value" is more challenging. There are currently 8 homes for sale in the HOVR, with less than a home sale a month during the past year. When you look at the general area where your home is at and the current competition, a price range in the low to middle $200,000 would look promising.

Any "market valuation" of a property depends on not just the location, size of your home but also the competition of other homes as well. It is the responsibility of a real estate professional to take in those factors in the pricing. The other important consideration is having lots of strong pictures and information to insure that all prospective buyers know the benefits of your home and set it apart from the competition.

Please feel free to contact me for a evaluation of what it would take to market/price your home in today's market, with the emphasis of getting your home and lot sold.

Mahalo for your consideration...Galyn

Galyn Williams REALTOR® Salesperson, SFR®
(Direct Number ) 808-756-7986
email AlohaGalyn@yahoo.com
(Office)......808-934-7600
(Fax)......... 808-934-7644
Aloha Coast Realty LLC....614 Kilauea Suite 101...Hilo Hawaii 96720
'O ke ahe lau makani, 'o ke kai malino,
'o ka lani mala 'ela'e... E malu ko ke ao a pau.

Your source of Professional Real Estate Representation on the Big Island of Hawaii
... more
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Mon Jul 2, 2012
Monique Mitchell (RS) answered:
I'm sorry to hear about you situation and wish you the best. My name is Monique Mitchell and I'm an agent with Marlene's Realty. Have you been pre-qualified yet? What area of the Island are looking for? If you are interested in my help, please call me at 808-551-9252 or email me at locogirl16@hotmail.com.

Thank you,

Monique Mitchell R(S))
... more
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Wed Jun 20, 2012
JJ Jasinski answered:
Dear Alex Roqueta,
By coincidence I was the last listor and buyer's agent for a home on Hoolehua in HOIE. Unfortunately there have been no recent sales, the last one being the one I worked back in 2009.
For any home in HOIE to sell the seller has to come to grips with this being a soft market and asking too much will not be tolerated by the buying public. For what you describe: a fixer of 2 bedrooms 1 bath.....I would have to check the TMK record (I cannot find your name listed as an owner in HOIE) and see what the condition of your home is. Please let me know what your TMK is and give me a call to have me come out to visit, and then I'll have a better chance at sizing up what the current value is. Call me: JJ 808 985 9030....I live in Volcano too.
Aloha,
JJ
... more
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Fri Jun 8, 2012
JJ Jasinski answered:
Dear rkyn1221,
I believe the market in Hilo is gaining strength as it is in most of Hawaii. There is still a share of REOs (bank-owned) and short sale properties which tend to pull the values down a notch but over-all the market is inching upward. If you are trying to sell then it’s best to insure that your property shows well and is not in a fixer-upper condition. It would be best to engage a local Realtor to have them rate and judge what has to be done to put your place on the market for a quick sale. If your property is in decent condition, priced aggressively, the neighborhood is appealing, and the home doesn’t have seriously negative factors, it should sell at market value within 6 months. Buyers who are pre-qualified with their lender are scrambling to purchase the best properties and there is active competition amongst buyers for those prime homes.
As a Realtor who has lived and worked in the Hilo area for the last 10 years I can be of utmost help for buyers and sellers who are interviewing for their sole agent. I am born and raised in Hawaii (Honolulu), have attended Punahou and UH Manoa (degree in Biology with minor in Real-Estate Appraisal and Marketing), and I am positive, pro-active and forward thinking in my Real Estate activities. Please consider me if you are a Buyer or Seller who is looking for that intuitive Realtor to help you purchase or sell your Hawaii property. Please contact me: JJ Jasinski, Realtor at Clark Realty Corp. Hilo,
(808) 985-9030, or email: jjonhawaii@yahoo.com
Mahalo and Aloha! JJ
... more
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Sun Mar 25, 2012
Bill Parecki answered:
In regards to your question about long term rentals in or near Pahoa the answer is an unqualified YES!!! as long as your are referring to property in Hawaii. Pahoa is located on the Island of Hawaii in the district of Puna and prices on homes, land and rentals are some of the lowest in the Hawaiian Islands. Puna is the fastest growing area in the Hawaiian Islands due to this fact. Big island has lot of inventory so if you are looking for great prices, this is an area you want to look at. If there is anything else I can help you with please give me a call or email me directly.

Bill Parecki RS, ABR, RECPro, SFR, E-Pro
HawaiianIslandHomes@gmail.com
808-345-8818
... more
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Sat Mar 24, 2012
Diana Woods answered:
Just north of Kona town (North Kona) are four resort areas (South Kohala) popular with condo buyers. In a recent blog post I charted 2009 through 2011 with respect to condo median sale prices and number of unit sales. Though no where near 20 years of history, because the world changed in 2008 you might find the graph useful. Go to http://www.bigislandhawaiiluxury.com/south-kohala-condo-sales-2009-through-2011/. ... more
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Mon Oct 10, 2011
Rich Bosselmann answered:
It has been some time since you posted your question but i'll answer just in case you or someone else is still interested in buying a vacation rental in Kailua-Kona. As of October 2011 the vacation rental market has made a huge rebound. Occupancies are very near pre recession, peak levels and the future projections are very good. Buying a vacation home rental can be a very good investment in Kailua-Kona. Where else can you have occupancy rates as high as 80% year round? However, just like many other thriving businesses, there is a formula for success. I have owned high producing vacation rentals for over 13 years and can tell you that there are features that your rental MUST have to be profitable. I would be happy to use my experience helping you or anyone else find a great vacation rental that you can enjoy and profit from for years to come.
Best regards,
Rich Bosselmann
(808) 345-5085
richbosselmann@gmail.com
... more
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Wed Jun 16, 2010
MIRIMAR LLC answered:
Aloha,

Go to this link for more information:


http://www.realtor.org/library/library/fg301
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