UPDATED | August 17, 2020:
Hawaii’s Plan Delayed by Rising Covid Cases
In May, Hawaii’s Governor David Ige unveiled a four-phase plan for reopening Hawaii’s economy. At that time, Hawaii was enjoying one of the lowest rates of infection in the nation. However, the previously well-controlled virus has recently seen spikes in new cases since the state began reopening in late May, especially on Oahu.
For Hawaii visitors, it’s important to know that a mandatory quarantine for all trans-Pacific travelers (to all islands) remains in place and has been extended until September 1, 2020. Beginning Sept. 1, 2020, all trans-Pacific travelers arriving in Hawaii from out-of-state will have the option to get a valid COVID-19 test prior to their arrival and show proof of a negative test result, to avoid the 14-day quarantine.
Please visit the State of Hawaii’s Department of Health website for the latest Hawaii travel information and for the most current travel advisories. Please visit Governor David Ige’s website for the most up-to-date emergency proclamation.
Hawaii Real Estate Market Update
The Economist recently reported on the U.S. housing market’s unexpected resilience in the face of the current health crisis, calling the real estate sector “strangely oblivious” to the economic downturn, relative to other sectors. Here in Hawaii, that seems to be holding.
Many of our clients want to know how the coronavirus is affecting Hawaii’s real estate market and how it may shape it in the months to come. Hawaii Life CEO Matt Beall reported in Break Glass, Pull Pin on the events of the first few months of this crisis. But it hasn’t all been doom and gloom here in our state. As of July, Hawaii Life closed almost $800 million in sales in 2020 with hundreds of millions more in escrow. Our company is on track to reach sales volumes comparable to those achieved in 2019.
Technology Has Been Key to Our Success
We are primed to handle the changing landscape occasioned by Covid-19. We have been showing homes virtually and using technology to streamline the entire home buying process for years, and we’ll continue to serve our clients in this way.
Realtors in Hawaii are currently permitted to show homes in person under the “Safer at Home” phase of Hawaii’s reopening, with social distancing measures in place, using masks. Travel restrictions for foreign and U.S. mainland buyers have been a barrier, but not entirely disqualifying. Some agents (like Jake Chancer and Ben Puccetti) have reported on buyers making purchases of Hawaii homes sight unseen.
Hawaii Life Listing Wins HGTV’s Ultimate House Hunt for Second Consecutive Year
The Point at Pauoa Beach at Mauna Lani Resort – a listing represented by Carrie Nicholson on the Big Island of Hawaii – was chosen by voting fans of the home network in the Beachfront Homes category and as the Overall Winner in this year’s HGTV Ultimate House Hunt. This wins marks the second consecutive year that a Hawaii property was chosen as the overall winner of the annual online contest held on HGTV.com
More than 1.5 million votes were cast to determine the winners among 89 finalists in eight categories: Amazing Kitchens, Beachfront Homes, Big City Digs, Countryside Retreats, Curb Appeal, Homes with a History, Outdoor Escapes, and Waterside Homes. You can view more photos of this year’s winning property, currently offered at $17.9 million, in Carrie’s recent article about this extraordinary property.
Last year’s Ultimate House Hunt winner was an ocean bluff, contemporary estate listed by Tiffany Spencer and Ben Welborn, located on Anini Vista Drive on Kauai’s North Shore. The home is currently offered at $6.8 million.