2009 definitely brought some declining prices for Mauna Kea real estate and the developer inventory at both Kumulani and Wai’ula’ula condo complexes mauka of the highway, seem to have taken the biggest hit. Due to the economic downturn, the remaining Wai’ula’ula units prices were slashed and inventory was sold off over the summer months at [...]
As you may know, President Obama asked the banks to put a stay on foreclosures during the holiday season. Well, the holidays are over. Expectations are that the market place will be flooded with foreclosure sales for the next two years, and these statistics include our island home. Buyers, this is a great time to [...]
Maui’s real estate market saw a relatively significant boost in December… compared to the December before. More than twice as many homes and condos sold on Maui this past December as did in December of 2008. And, since Maui is the largest “neighbor” island market, the numbers aren’t quite as simplistic as the same stats [...]
Okay, so the title of this blog may be a slight exaggeration because in reality, I don’t know Lance Armstrong personally (although my brother, who is a semi-professional cyclist, wishes I did). However, given the video he posted Tuesday, I’m guessing that he’s a true fan – at least of the Big Island’s Kohala Coast: [...]
On Kauai, single family home sales jumped to 36 in December, up 89.5 percent from 19 the same month a year ago. The median home price also went up on Kauai, which set it apart from trends on the Big Island and Oahu. The Kauai median home price increased 8.2 percent to $530,000 from $490,000 in December. The median price was skewed by a couple of very large closings in December. There were 15 condominiums sold, six more than a year ago, however the median price dropped 49.8 percent to $313,500 from $625,000 last year. In a market as small as Kauai, just a few individual transactions can effect the market.
Reviewing the year, we had 500 real estate transactions record for the calendar year of 2009. My notion is that we may have a larger number in 2010 as the momentum of foreclosures, short sales, and failed loan modifications will result in more superb values, and buyers that are finally willing to pull the trigger.
It was great to see this bit of good news in the New Year’s Day’s edition of the Honolulu Advertiser: Hawaii execs step in to keep Maui Gold pineapple growing. For years, we’ve seen the steady erosion of the commercial operations of those two stand-bys of Hawaiian agriculture – pineapple & sugar; so much so [...]
I am proud to announce that Exclusive Physician Loans, the Nation’s leading physician referral and relocation company, has selected myself as their exclusive network Realtor for the Islands of Hawaii. I will specialize in helping residents and fellows at The John A. Burns School of Medicine as well as at Tripler Army Medical Center. In addition, this program will extend [...]
Recently I took a drive from Hilo to Waimea via Saddle Road. For those of you who have traveled this way in the past, you will remember the winding roads with large pot holes. The lanes being so thin in comparison to the new vehicles that you were either in danger of side swiping an [...]
Owning real estate at the Mauna Kea Resort is like owning a piece of history, or having money in the bank. Since 1965, when Laurance S. Rockefeller opened the world famous Mauna Kea Hotel on the gorgeous white sandy beach of Kauna’oa, people have flocked to “belong.” The Mauna Kea Beach Hotel took a jolt [...]
I’ve noticed over the past couple of weeks a continual chatter back and forth between the members of the Big Island Hawaii Life team as we show and write offers on properties on the Big Island’s Kohala Coast—especially short sale and foreclosure properties. Luckily, Hawaii Life prepared a Notice to Buyer Clients for us to [...]
Apparently there has been much to-do in the news about all the “celebrity” government dignitaries visiting Hawaii this winter season. Of course, President Obama has been vacationing on Kailua’s gorgeous beaches for the holidays, and Oahu is rejoicing in the “Obama bump” economy. As proof of this phenomenon, I received a President Obama bobble head [...]
2009 – what an incredible honor and privilege to lead such an amazing team of Brokers and Agents to success during a “down market…” to be one of the top ten offices in our market!! Mahalo nui loa, Lucy, Jan, Pam, Beth, Deb, Erik, Heidi, Pat, and welcome, Pattie Freeman! Some Big Island Hawaii Life [...]
Custom residence with whirlpool Kaua’i – What a place to live! What a place to make your life what you want it to be! Not only do I get to have fun in real estate making people’s dreams come true, I also get to design dream homes! And, what a dramatic setting Kaua’i is for [...]
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