It is an issue with Trulia, I have brought this up to them for over 8 months. Hopefully if more people voice this concern they will change their system. It is also a good reason why it's always best to worn directly with a Realtor and skip the watered down online sites that try to do everything.... more
I don't see an actual unit in question here so the short answer would be, probably not. 680 sq. ft. along the Gold Coast with ocean views could command a high asking price.
This is Hawaii and it's the price we pay to live in paradise. If you would like to email me directly regarding a specific property I can run you a full CMA report and determine if indeed the property in question is priced well for the neighborhood.... more
If you are talking about the builing that is called 250 Ohua that building is fee simple. The only way Marriott can purchase that building is to buy up each unit individually one at a time. IF the building was leasehold then yes they would be able to buy up the leasehold interest of the building. If the lease was then coming up for renewal then Marriott could not renew if they wanted to do something else to that building than the current usage.
If you are speaking about another building please let me know which building you are speaking about.... more
Hmmmm... well, I'm the Broker-in-Charge and co-owner of Lava Rock Realty located in Kamulea on the Big Island, so given that on the outer islands, a rail system is still just a fantasy... I have lived other places and traveled the world and my sense for real property values next to rail lines is this - those right NEXT to the rail, their property values suffer. Those neighborhoods whom the rail serves by a park-n-ride parking lot, those seem to get a boost in property values - easier to commute to town, but don't have to listen to the train in your backyard.
I think anything that improves mass transit in this state is progress, and helps us reduce our carbon footprint overall! As a frequent visitor to Oahu I personally would love to be able to take the train from the airport to my hotel room in Waikiki. A rail system to the airport from the downtown area is a certain hallmark for ALL great cities in the world - Honolulu just needs to accept their status as one of the great cities of the world and understand that with that honor comes the responsibility to offer mass and public transit that works, and gets visitors and commuters where they need to go quickly, efficiently at at a cost less than filling our SUV's with gas.
I have a vision that someday there will be a rail system from the Kona International Airport all the way up the Kohala "Gold" coast with stops at all the major resort areas... it would relieve our roads of the unnecessary burden of tourists "commuting" from the airport to their hotels and back 7-10 days later. Think of the natural resources we could save! What if the rail system ran on solar panels or wind power? Of course, I live along the Kohala "Gold" Coast and should my fantasy rail system ever be put in place, it will definitely improve MY property values.... ;)
It Takes Courage to Live on a Rock!!
Katie Minkus... more
Aloha Jim, We are definately in a Buyers Market. Select neighborhoods, such as Kahala, Portlock and Kailua are still holding value. The decline in the US dollar is attracting International Buyers and I believe we will see activity pick up in resort areas,such as Waikiki and Ko'Olina. My company, Prudential Locations, LLC, is the leader is Hawaii Market reporting. I can send you the latest Market report that we have on file. You can email me at firstname.lastname@example.org and I will send you the report as an email attachment. Me ke aloha pumehana, Brynn... more
Here is the information on the property: http://realestate.yahoo.com/Hawaii/Honolulu/Homes_for_sale/188d715df0ce3858ed0c89363356ecf4?cc=realestate&p=Honolulu,%20HI&priceHigh=&priceLow=&nodeId=750007014&sortBy=bth%202&radius=&bedrooms=&bathrooms=&type=&b=41... more
The average amount of time that a property stayed on the market in Hawaii Kai in June of '07 was 79 days. This is down from March of '07 where the average amount of time was 101 days.
If you are thinking of listing your property, be sure to choose a Realtor that is very familiar with the area and knows your market. Even in a slow market, if a property is priced appropriately, it will still generate interest from buyers, hopefully, decreasing the number of days on the market.
I am a Realtor in the bay area in California, but I would be happy to recommend a qualified knowledgeable Realtor for you in your area.
Best of luck,
Alain Pinel Realtors