Sales of existing homes showed another gain in May. Benefiting from favorable affordability conditions and a first-time buyer tax credit, according to the National Association of Realtors®. May’s increase was the first back-to-back monthly gain since September 2005. Existing-home sales, including single-family homes, town homes, condominiums and co-ops, rose 2.4 percent to a seasonally adjusted […]
A new bill before the Senate would allow a credit to home Buyers of up to 10% of the purchase price, up to $15,000 maximum. This is based on the perceived success of the $8000 first time home buyer tax credit, that is currently in effect until the end of November. The $8000 tax credit […]
A new conveyance bill, singed by Governor Lingle, gives much need efficiency at the Bureau of Conveyance. This new bill will allow for electronic signatures and for documents to be archived digitally, rather than the archaic microfilm. All property transactions are recorded either through the regular system, or through Land Court and documents have been […]
Two Hawaii Beaches have been named in the top10 best-secluded beaches by Coastal Living Magazine. The article appearing in their June 2009 edition names Lanikai Beach on the island of Oahu and Lumahai beach on Kauai were included in the list.
Stunning views from this luxury oceanfront home on Kahala beach. This beautiful Kahala oceanfront home is located on Royal Place. This is in the juncture between Black Point and Kahala in the Diamond Head region of Oahu. It is just a short drive away from Waikiki and in the foothills of Diamond Head Crater. Royal […]
Windward Oahu condominium units are another bright spot found in the latest May 2009 Hawaii real estate resale statistics. The median sales price has declined only .8% since a year ago. There has been a more than 40% decline in the number of sales in the area but there are far fewer condos coming on […]
The North Shore of Oahu , Hawaii, has seen a year over year median sales price decline of a mere .8%. This is remarkable. At the onset of the slow down, we did see more substantial price declines, however the fact that the North Shore has only seen this minuscule decline is remarkable. But, why? […]
When the market began to slow here in Hawaii in the Fall of 2007, interestedly enough the median sales price from month to month did not decline very much. In fact, it stayed at $650,000 and $655,000 for the first half of the Fall before a decline to $610,000 for both November and December. Keep […]
The May 2009 Honolulu real estate resale statistics came out this past week. Looking at the numbers at first glance, the report revealed some interesting information which has been little discussed. Not considering the median sales price, the number of single-family home sales has increased this year. The month of May saw 225 homes closed […]
The Honolulu Board of REALTORS® released the Oahu real estate resale figures today for the month of May. According to the analysis conducted by the Board, using data collected from its computerized Multiple Listing Service (MLS) system, the statistics are: May 2009 Residential Resales Statistics for OahuSingle Family Home Resales Number of Sales This Month […]
The Honolulu Board of REALTORS® released Hawaii real estate resale figures today for the month of April. According to the analysis conducted by the Board, using data collected from its computerized Multiple Listing Service (MLS) system, the statistics are: April 2009 Residential real estate Resales Statistics for Oahu, Hawaii Oahu single Family Home Resales Number […]
Source: Pacific Business News Not only do we have year-round weather to accommodate walking at virtually anytime, we do have areas that are very pedestrian friendly. Fortunately, we have many people of all ages and walks of life that walk for health and you can see them predominantly in the morning and evening around areas […]
Source: Pacific Business News Oahu home sales began to come back in March, while prices nudged back up from lower points in January and February. There were 188 single-family homes sold on Oahu in March, up from 122 sales and 129 sales, respectively, during the first two months of 2009, according to the Honolulu Board […]
The Honolulu Board of REALTORS® released resale figures today for the month of March. According to the analysis conducted by the Board, using data collected from its computerized Multiple Listing Service (MLS) system, the statistics are: March 2009 Residential Resales Statistics for OahuSingle Family Home Resales Number of Sales This Month Compared To Median* Sales […]
Source: Pacific Business News We are so glad to see that more is being done to take advantage of our local resources to produce power. I believe that this a renewal of an ongoing contract for testing. If this is the case it has been ongoing for several years in Kaneohe Bay with great success. […]
We are always in the mood for a new restaurant, so we are excited about this opening even if it only serves lunch at this time. But, we can hope for more. Bruno Iezzi, a Honolulu restaurateur originally from Italy, has opened a lunch spot in the space formerly occupied by Jamba Juice on the […]
Source: New York Times Perhaps it is just a sign of the times, but smart buyers are working exclusively with Buyer’s agents. Buyer’s agent represents the sole interest of the Buyer in a transaction. This has not been talked about much, but for someone buying any property having their own buyer’s agent working on their […]
Honolulu production company Hawaii Film Partners said it will begin work on a new movie starting Monday. Rann and Gina Watumull and David Jackson and Shauna Shapiro Jackson are producers and co-owners of Hawaii Film Partners. The company said the movie, called “You May Not Kiss the Bride,” is set in Chicago and Tahiti, but […]
Source: Pacific Business News Hawaii is the 2nd happiest state, according to a survey by the Gallup Organization and America’s Health Insurance Plans. States and congressional districts were ranked by residents responses to survey questions related to the economy, work environments, emotional and physical health. Just another reason so many people want to call Hawaii […]
The Mauna Kea Beach Hotel will celebrate a $150 million dollar renovation with grand opening festivities and music March 27 and 28 on the Big Island‘s Kohala Coast. The Laurance Rockefeller-built beachfront hotel had a soft opening in December two years after being forced to close by extensive earthquake damage. The makeover included redesigned, larger […]