Posted by David Buck, R, BIC on March 19th, 2010 |
Tags: Chinatown, Condos, Deals, For Sale, Hawaii, Honolulu, Lower Makiki, McCully, Oahu, Punchbowl
Good Things Come in Threes
Did you know that you can find fee simple, 2 bedroom condos for sale in Honolulu with parking for under $300,000?
Recently updated kitchen in this 18th floor Honolulu Condo Deal.
Plumeria Hale #1802 (MLS# 1002008) is located at 2330 Kapiolani Blvd. Recently reduced to $290,000, this one of the best centrally located buys in town. Minutes from the beach at Waikiki, the University of Hawaii at Manoa and walking distance to Market City Shopping Center with all kinds of great places to eat. This unit was completely remodeled in 2002 with a modern flair. I sold another unit in this building a few years back on a lower floor for $310,000. $290,000 for the 18th floor is a steal… Read entire post →
Download Kohala Ranch Active Listings & Comps (PDF) →
Download Kohala Ranch Active Listings & Comps (PDF) →
Note: There are additional properties not on the market with owners willing to sell. For our opinion about the asking prices and/or value of these properties, or any other Big Island real estate information, please do not hesitate to contact us.
Posted by Tracy Stice, R, Broker In Charge, ABR, CRB, CRS, GRI, GREEN on March 18th, 2010 |
Tags: Hawaii, Kauai, Lanai, Maui, Molokai, News, Oahu
On Tuesday, March 23, the HGEA plans to march on the state capitol to support a proposed tax increase by the state senate that would temporarily increase the general excise tax from 4 to 5% on neighbor islands or 4.5 to 5.5% on Oahu, a 20% increase in the tax.
As quoted today by the HGEA,
“A temporary, modest increase in the General Excise Tax is vital to preserving the quality of life for all Hawaii residents. With 38 percent of the tax being paid by tourists, a GET is the best alternative for both short-term stimulus and long-term financial stability for our state.
Recently, leading local economists have also said that such an increase will help to boost our state economy.
Without passage of a GET increase this session, Governor Lingle will be allowed to address any additional deficit through further cuts to important public services and programs.
The legislators need to hear from YOU—their constituents! We will be organizing a Lobby Day where HGEA members and concerned citizens can visit with their lawmakers to encourage them to do right for Hawaii by supporting a temporary, modest GET increase. “
What tax payer in their right mind would ever believe in a “temporary tax increase”. This is one of the biggest frauds ever promoted to try to throw the balance off the real issue; government spending. Read entire post →
Introducing Hale Ho’okipa “The House Of Hospitality.”
Beset beneath the mighty Haleakala and overlooking the internationally famous surfing and windsurfing at Ho’okipa Beach Park, Hale Ho’okipa is one of the most luxurious and largest homes (MLS# 341235) on Maui’s North Shore.
View Featured Website →
“The House Of Hospitality”
The Stice Team has just listed what we believe is the finest built home on the entire North Shore of Maui. This custom home is the embodiment of world class materials, scrupulous attention to every detail of master craftsmanship, and creative contemporary brilliance. Read entire post →
Posted by Kevin Spaise, RS on March 17th, 2010 |
Tags: Condos, For Sale, Foreclosures, Hawaii, Luxury, Maui, Sales Stats, Short Sales, South Side, Wailea
Maui’s luxury community of Wailea has been resilient, but not immune to the REO and short sale market.
South Maui’s luxury community of Wailea, which currently has the distinction of the highest priced condo listing on the island (MLS# 339893), has proven resilient in challenging times, but it’s not immune to the occasional distress sale. You won’t find any REO (bank owned) or short sale movement at Wailea Point (although the highest priced condo listing was recently reduced $700K), but there are a few buying opportunities at these blue chip condominium properties.
There is currently one REO, a 2 bed/2 bath at the Wailea Ekolu listed at $525K (MLS# 339878). The Ekolu is located just up the hill from the spectacular Wailea beaches, and wraps the Wailea Blue golf course. This unit is in good original condition, and is a great candidate for a full-blown renovation. The three most recent 2 bedroom sales at the property: $695K (Jan. ‘10), $715K (Dec. ‘09), $738K (July ‘09).
There are 11 2-bedrooms currently listed in the complex between $695K to 1.1M. Location is everything at this property—contact me and I’ll send you a site map.
There is also a potential short sale at the same property, a 1-bedroom unit listed at $629K (MLS #337451), that’s been on the market for 316 days.
One high-profile potential short sale, a 3 bed/2.5 bath unit at gated Papali.
The gem of the short sale candidates is unquestionably Unit 6 at Papali Wailea, the gated luxury residential development built at the end of 2008. Listed at $2,395,000, this 2,386 sf, 3 bed/3.5 bath (MLS# 338095) has never been occupied, and offers expansive views from nearly every room. It was originally sold at $3.24M, in April ‘08. Read entire post →
Posted by Ken Molina, RS on March 17th, 2010 |
Tags: Architecture, Hawaii, Kaanapali, Kahului, Kapalua, Kona, Life, Maui, News, Wailea
I love “Hawaiian Style” architecture so when Tobi & Matt let it be known that our office would be located at the old Maui Land & Pineapple headquarters, I was there…no questions asked.
An old Hawaii real estate legacy, Maui Land & Pineapple C0., makes room for new technology focused brokerage, Hawaii Life.
What an amazing space! The property consists of 4 “pods” with intersecting walkways. There is a conference room located in one of the pods with the largest conference table I’ve ever seen. Floor to ceiling windows and lots of natural light.
This building was a special location to me growing up. I lived about 4 blocks away. I remember that most of my friends in high school worked at the pineapple cannery during the summer.
Recently, I noticed that there was a building that looked very similar in design located in Wailea, where I walk with my dogs. So I picked up one of my favorite books, Under a Maui Roof, and began to do some research. Read entire post →
Posted by Ron Margolis, RA, ABR on March 16th, 2010 |
Tags: Condos, For Sale, Foreclosures, Hawaii, Homes, Kapaa, Kauai, Kilauea, Lihue, REO, Short Sales
The last two weeks have seen a lot of auctions for Kauai foreclosures postponed on the courthouse steps.
View all Kauai Foreclosures →
Here are the latest list of Kauai Short Sales and Kauai foreclosures for the last two weeks.
Sub $100K Kauai condo without kitchen.
1) Listed at $75,000, Unit 126 (MLS# 232544) at the Kauai Beach Resort is in building 1 with an ocean view. Many people are attracted to a Kauai condo at the sub $100,000 price. It’s crucial to know that this unit is a hotel room and does not have cooking facilities. It DOES however have consistent revenue as the Kauai Beach Resort is a wonderful place to stay and vacation.
This is one of the lesser priced homes on Kauai’s eastern shores.
2) This small home on Puka St. (MLS# 232705) on the northern end of Kapaa is not quite a short sale but for an offer under $220,000 it will most likely become one. Read entire post →
The County of Hawai‘i is proceeding with the sale of 16 parcels of land located in Pa‘auilo in the Hāmākua 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 for a budget deficit. Which begs the question, what are they going to sell next year to make up for next year’s shortfall in the budget? Read entire post →
Kailua-Kona Real Estate has not had this kind of deal in many years!
Incredible quality and views from this Kailua-Kona home (MLS# 231352).
Previously on the market for $799k. Now a Bank owned REO!
Price: $449,900 (-$350,000 or -44%) Read entire post →
Posted by Ron Margolis, RA, ABR on March 16th, 2010 |
Tags: First Time Buyers, Foreclosures, Hanalei, Hawaii, Kapaa, Kauai, Koloa, Lihue, Poipu, Princeville, REO, Short Sales, Wailua
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 homebuyer seminars on March 22, 24th and 26th and the following week on April 1st. Register online →
Sometimes when buying a first home, home buyers can get overwhelmed by the paperwork and the process. By attending this seminar, you ‘ll get a great head start on understanding this process of home ownership and acquire the knowledge that will help you be more confident when purchasing. Attendees are suggested to bring a notepad to take notes, and there will be plenty of handouts for each of the seminar participants sponsoring the event.
Learn
Our group of presenters will tell you what you need to know and help you avoid an potential scam that may come your way. Read entire post →
