November foreclosure filings have declined this month by 27.4% since last year, but that is only a small part of the story. A new law past last Summer changed the game on lenders trying to foreclose. In an attempt to stem the growing tide of foreclosure actions in the State of Hawaii, a new law […]
Susan Sasanka and architect in Illinois has created the concept of the ‘Not so big’ house a smartly designed, energy efficient home that creates very usable spaces with an eye towards foster more inter connectivity in the community. Take a tour of her latest home for some great ideas… Not so big house tour
This is a picture taken by yours truly from the lookout at the Makapu’u Lighthouse. The weather here has been a little cold and stormy. That is Hawaii’s idea of cold and stormy…maybe long pants at night, which is upper 60’s, low 70’s and windy.
Hawaii’s largest wind farm will be coming to Oahu’s North Shore. The joint project between Hawaiian electric (HECO) and Boston-based First Wind will put a wind farm about 5 miles north of Haleiwa in Kawailoa on land owned by Kamehameha schools. The electricity produced by the wind farm will be slightly more expensive than the […]
Rumors are circulating that Billionaire David Murdock will put up for sale his interest in the island of Lanai. Currently he owns approximately 98% of the island. Word is that he opposes a plan to build a large wind farm there. The project called Big Wind would create a large wind farm and use under […]
There is a beautiful new listing on Laiki Place in the neighborhood of Beachside in Kailua. It is only a few properties from gorgeous Kailua Beach. This spacious 5 bedroom and 5 bath home feels like a real getaway home. The interior is over 4200 square feet and is in impeccable condition. The land area […]
Generally speaking sales are increasing for the month of November in the Honolulu county market and the median sales price is holding steady. We are seeing fewer properties coming on to the market and marketing times are shortening which typically leads to price increases. Two of the neighborhood markets that Bonnebaker follows closely have a […]
A quick examination shows that sales of sales of $2+ mil homes in the Honolulu market has risen to 8 sales in November versus 4 for the same time last year. The number of YTD sales has roughly been the same, but November showed surprising strength. Activity in the high end market has been increasing. […]
La Pietra is a small enclave of luxury townhomes in the prestigious neighborhood of Diamond Head. This gated community is a short walk to Waikiki and the beach and borders on Kapiolani Park. The project was built in 1970 with a pool in the center and over the years each home has grown dramatically different. […]
The State of Hawaii has opened up to receive proposals to build 2 towers on the property located at 690 Pohukaina Stree in Honolulu. Kakaako is slated to be the future for much development as the old warehouse district is likely converted to high rises. The state has proposed using the site for 2 towers. […]
Kahala Avenue has long been known to have some of the most expensive homes on the island and with good reason. These estate sized properties are very close to downtown Honolulu and Waikiki. Many foreign buyers especially from Asian countries who know little about Hawaii real estate ask for this street in particular, if they […]
Credit Suisse‘s monthly survey of Real Estate agents revealed that Buyers are coming back to the market because they see incredible affordability and are also attracted to to low mortgage rates. “However, despite the extremely favorable affordability, buyers in many markets remained hesitant due to worries over job security and fears of further price declines, […]
Kailua is a wonderful place to live. The town revolves around living outdoors and encapsulates the idea of community. Kailua Beach which includes lovely Lanikai Beach are regularly on the list of most beautiful beaches. It is no wonder that this area did not fair too badly during our economic crisis. Properties still moved relatively […]
Alexander & Baldwin is beginning plans to build another condominium called the Waihonua, in Honolulu next door to the Koolani and the Hawaiki. There last condominium, the Hokua, sold extremely well and was very well priced for the market. So do look for a repeat that these units will be popular. The Waihonua will be […]
Pending home sales jumped up strongly in October and remain above year-ago levels, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, surged 10.4 percent to 93.3 in October from 84.5 in September and is 9.2 percent above October 2010 when it stood at 85.5. […]
Hawaii Kai is a diverse community at the eastern point of the island of Oahu. Only a 30 minute drive to downtown Honolulu. This has been a very desirable a place to live for many years. There are many different little neighborhoods housed in this community from golf course front town homes and marina front […]
MSN Real Estate ran a piece saying that the cheapest house On Oahu was $269,000. It was a 2 bedroom home in Kalihi. However, we do have even cheaper houses on Oahu. If you drive out to more outlying communities there are some very cheap homes. Take for example this little cottage in the town […]
The neighborhood of Beachside along Kailua Beach has always been popular. Even when the market turmoil hurt other areas, Beachside always did well. We have been seeing a slow down in the past few months. Buyers have been reluctant to shell out for the minimum $1million price tags that come with living in this well […]
Ala Moana is all decorated for the holidays. I went there last night and they already had several performances on the stage. Follow the link to see the schedule of entertainment at Ala Moana Centerstage.
Take a look at Hawaii whenever and from wherever you are in the world. Here is a live shot of Waikiki Beach from The Moana Surfrider. It has been a bit cold and stormy the last few days, but people are still enjoying the beach on our little island. Aloha!