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96793 : Real Estate Advice

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  • Local Info1
  • Home Buying3
  • Home Selling1
  • Market Conditions0

Activity 5
Sat Dec 26, 2015
Eric Santiago asked:
looking for an agent that sells hawaiian homes properties on maui
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Sun Jan 29, 2012
Frank Diaz answered:
Thu Sep 15, 2011
Tim Mira answered:
Go to my blogsite: www.poipuproperty.com and you can search for properties on Kauai. It is highly unlikely that you will find a detached home, however, there may be some condos or apartments available. Like Alan said below, monthly maintenance fees for apartments and condos will be an added cost. You can also sign up on my site to receive notification via email if anything in your range becomes available in the future. Hope you find something...best wishes. ... more
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Sat Aug 28, 2010
Susan Savage answered:
Aloha Jeff,

Great question. Although I am a Molokai agent I believe that the answer to the question is relevant both on Maui and Molokai. In today's market often times an existing home can be purchased for less that the cost to build. Of course, utilizing a home inspector can be advantageous when considering the purchase of an existing home to determine the cost of repairs. We have seen many happy buyers end up with homes that they could not build for anywhere near the low purchase price.

Pleasure meeting you this week!
... more
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Wed Jun 20, 2007
Dan answered:
I find it interesting to read through this almost a year later. I think you should have an answer by now.

Home prices will decline until they are at a point people can afford. By that, I mean banks are starting to revert to old time trends giving leases that people can afford on 1/3 of their take home pay. If a family makes $52,000 per year their take home will be about $3200 per month, 1/3 of which is $1075. My guess would be that prices will bottom out at about the $1200/month payment level for the average home in such an area. Some areas will, of course, be more expensive than others. But there must be an entry level market for move ups. I do not think Hawaii will be any different although prices may trend lower as other costs are higher and the recession is likely to limit the second home market for folks from outside the state. ... more
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