The County of Hawai’i is proceeding with the sale of 16 parcels of land located in Pa’auilo in the Hamakua District of the Island of Hawai’i, during one of the worst seller’s market in the island’s history. Hawaii County Pa’auilo land parcel to be auctioned. The County claims it’s selling this land to make up [...]
Kailua-Kona Real Estate has not had this kind of deal in many years!
Time is running out for the extended first-time homebuyer’s tax credit. Join the experts from Wells Fargo Home Mortgage, Title Guaranty Escrow, Hawaii Life Real Estate, and 101 Financial who are co-sponsoring four free first-time home buyer seminars on March 22, 24th and 26th and the following week on April 1st. Register online Sometimes when [...]
While the average sales price to date in Waimea (Kamuela) is $425,390, Green Side Waimea distressed sales averaged almost half that amount. Dry Side Waimea Short Sale Listing (MLS# 228261), $649,000. While we’re just a few months into this year, there is starting to be a noticeable difference in the type of sales between “Dry [...]
RealtyTrac’s latest numbers are out for February of 2010 As foreclosures continue to rise on Oahu, there will be more and more REO’s or lender owned properties coming back on market. Once properties are listed as an REO, they are typically priced well and sell fast. Oahu REO Galleries Oahu single family home REOs → Oahu [...]
Earlier this week I had the supreme pleasure of going to lunch and conversing with some of the top Real Estate agents in the business today! They’re so busy it was amazing we could all find time to get together at the well-known Kona Brewing Company, in the heart of Kailua-Kona. Their delicious strawberry spinach [...]
Whether a property owner is seeking a loan modification, pursuing a short sale, or the property has already been foreclosed on, the determination of value is key to the success of each of those transactions. Now a storm is brewing between appraisers and Broker Price Opinion (BPO) professionals vying for valuation work for short sales [...]
The price for this spectacular Kohala Coast condo (MLS# 230118) located within the legendary Mauna Kea Resort has plummeted from $1,200,000 down to $995,000. Blue Pacific view from wrap-around lanai Price Reduction: $-205,000
Hawaii had the highest well-being index in the nation in 2009, with a record-breaking score of 70.2. The Gallup Well-Being Index is calculated on a scale of 0 to 100, where a score of 100 would represent ideal well-being, across six sub-indexes: Life evaluation, Emotional health, Work environment, Physical health, Healthy behaviors, Access to basic [...]
Talk story with any Maui Realtor, and they’re likely to point out that we’re very much in the eye of a buyer’s market, for those who can qualify for a loan or have cash. Will a 1-bedroom vacation rental condo (MLS#338430) in Kihei’s Maui Vista, listed at $219K, be the next bargain condo to hit [...]
This week I had the privilege of viewing an amazing 3 acre estate on the slope of Hualalai mountain. Custom kitchen with Koa Wood cabinetry. Located within the upscale community of Keopu Heights, this pristine 5 bedroom / 4 bath (MLS# 226679) home stands out from other homes in this area. Price Deduction: $-300,000
Authorized for release by the Listing Agent, Beverly Molfino with MacArthur And Company: Not yet on the MLS! ENVIRONMENTALLY FRIENDLY, this incredible property (MLS# 228230) on the Hamakua Coast is completely self-sufficient. 29 Acres of Sustainable living. Listed Price: $1,850,000 (-$350,000) New Price: $1,200,000 (-$650,000) Sold “As Is”; Close in 30 days.
The last 3 months have seen some serious bidding wars on properties across Maui, especially in starter homes in Kahului, Kihei, Wailuku, Makawao and Pukalani. Maui starter home under $500K | new Maui development projects under $600K As bank owned REO homes (foreclosures) come on the market, there can be immediate multiple offers. Many of [...]
Wall Street Journal (WSJ) lists Maui as #1 on the list of top 10 locations to purchase a second home. WSJ singled out the South coast of Maui anchored by the resort area known as Wailea. Wailea, as it turns out, was one of the first master planned resort communities in the nation. WSJ says [...]
CFL’s use approximately 1/4 the amount of energy needed to power an equivalent incandescent lamp. CFL’s (compact fluorescent light) produce light differently than a normal light bulb (incandescent). If you had a lightbulb that was 100 watts, your replacement CFL would be approx. 25 watts. That is where you will save money on your electric [...]
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