I took my dog whale watching along the oceanfront near Hawi this morning. Technically, it was his daily run, but this time of year most of our favorite places to walk offer fabulous opportunities to spot whales. From home I can see whether the windmills near Hawi’s Upolu Airport are turning lazily, briskly, or not [...]
This is a brand new home that went into foreclosure right after it was completed. It is located in Wailuku, which is 10 minutes from the airport on the northern side. This is in a great central location for anyone who wants a regular home instead of the tourist types in our resort towns. This [...]
Are you looking for a great buy on a bank-owned (REO) property in Princeville? I just listed this first floor end condominium (MLS# 251048). It offers views out to a tree-lined path to Anini Beach and beyond to the Prince Golf Course.
The distressed sales, like bank owned and short sales, accounted for more than 60% of all home sales in Waikoloa Village in 2011. Should you choose a straight sale over a distressed property, this move-in ready property might be for you! It is the original Waikoloa Bluffs model home (Mauna Kea model B). It is in [...]
One of the great luxuries about living in Hawaii is the ability to live indoors and outdoors at the same time. This resort offers it all! Not only does it bring the panoramic ocean views indoors, you will also experience verberating waves lapping the shore and rocking you to sleep at night.
Stat-a-palooza time now that 2011 is over and the new year begun. We put together some interesting stats for West Hawaii condo and residential sales. These stats cover the area from Keauhou to Waimea (TMK 3-6 and 3-7). It’s interesting to note here how similar these graphs are even though one could make the case that [...]
There are currently four “bargains” in the Villages at Mauna Lani; will you be one of the lucky buyers of these few remaining deals?
Here’s an update for condo sales in the Mauna Lani Resort through November, 2011. The first graph tracks the number of condos sold:
Standout Statistics For Homes Distressed sales, including short sales and REOs (bank-owned foreclosures), now comprise 44% of the home market; even more than I thought! Median home price is down to $445K. Inventory levels continue to decline. This metric indicates an improving market according to the laws of supply and demand. There is currently a 10 [...]
This unit (MLS# 348805) is the exact same layout as the unit I wrote about yesterday. It has 2 bedrooms and 2 full bathrooms with the added touch of a lockout capability; use one for short term rentals (top video) and one for family (bottom two videos). There is over 1,300 sq. feet of living [...]
This is a REO 2-bedroom Kapalua condo (MLS# 350026) located in the world famous Kapalua Resort. This 2 bedroom/2 bathroom condo is located right on the golf course with over 1,300 square feet of living space. This unit has been tastefully remodeled and is being offered at a foreclosure price of $574,500. These 2-bedroom units [...]
Unit L201 (MLS# 247979) is a 3-bedroom/3-bathroom, second floor condo with 2,111 sq. ft. inside and a spacious lanai. This unit features split master suites with lots of closet space, plus a third bedroom with walk-in closet and bathroom. This unit is offered at $816,000. Appointments Include Stone flooring Coffered ceilings Pocket lanai doors Zoned [...]
It was an interesting week in South Maui foreclosures, not so much for what was listed as what was not listed. According to the Asset Managers with whom I spoke, the new Hawaii legislation, Act 48, is beginning to affect the foreclosure inventory. They tell me to expect fewer foreclosure listings in the next year [...]
Shortly after writing that both REO (foreclosure) homes at beachfront Kolea were in escrow, I had a conversation with an agent looking for an oceanfront foreclosure situation at Hali’i Kai, the other luxury condo complex at Waikoloa Beach Resort. Her buyers were hungry for oceanfront and she was insisting she had on good authority that [...]
There are currently six Ridge condos for sale at Wai’ula’ula in the Uplands at Mauna Kea Resort. There are also two showing contingent, one of which is actually in escrow and the other a short sale in the approval process. Between the lines of these seemingly mundane statistics, there are some hidden surprises.
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