Oahu Hawaii Real Estate Blog: Updates on the Honolulu Hawaii housing market.

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Rent vs Own: 4 reasons Military Should Buy a Home in Hawaii

Monday, May 4th, 2015 at 2:25pm. 352 Views, 0 Comments.

The first question we get from military clients PCSing to Hawaii is whether it's best to rent or own.

On one hand, renting seems to offer the very attractive prospect of immediate cash savings. If you rent lower than your BAH, that's extra money in your pocket, right away. On the other hand, a wise purchase can help you procure tens of thousands of dollars in wealth ... way more than you'd have if you'd chosen to rent. This type of wealth is not as obvious or immediate as savings you might get from renting, so its value is often overlooked.

Do homeowners know something that renters don't? Are you missing out on key information that would help you plan your future? If you are planning to be in Hawaii for at least 3 years, here are a few details to…

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Generation Y Begins to Drive Real Estate Trends

Thursday, March 19th, 2015 at 2:10pm. 714 Views, 0 Comments.

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In a mere 5 years, Generation Y is projected to be the biggest age demographic in America. But that doesn't mean they'll wait until then to lead the nation in home-buying. Already, Gen Y is the largest share of the nation's homebuyers at 32%. Here are some other interesting generational trends in real estate. 

Gen Y: 32% (1980-1995) 

  • Gen Y had the largest share of first time buyers at 68%.
  • Gen Y buyers place high importance on finding affordable homes close to work.
  • 39% of Gen Y buyers primarily purchased a home just for the desire to own a home of their own.
  • More than half of Gen Y buyers used a mobile device during their home search and of that group, 31% found the home they purchased this way.
  • 90% of Gen Y bought their home through a real…

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CONFUSION IN HAWAII KAI....Is it Mariners Valley, or Kamilo Iki valley???

Wednesday, March 4th, 2015 at 7:59pm. 6304 Views, 0 Comments.

    Many people get confused when Realtor's talk about Mariners Valley in Hawaii Kai. They say, "Do you mean Mariners Ridge????" Nope. Im talking about the valley that's nestled between Mariners Ridge and Kamehame Ridge, Mariners Valley. It goes by a few different names, depending on what area of the valley you're talking about....Mariners Valley or Kamilo Iki Valley are the 2 that are widely used. They're based on the legal descriptive names of the area and the subdivisions used in the property tax records for Honolulu County. 

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An aeriel  view of Mariners Valley from the ridge above

    There are single family residences and also townhomes in Mariners valley. The valley is in a really great area of Hawaii Kai, right in the middle. But it's…

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Lakefront Kailua, MLS: 201500233

Wednesday, January 21st, 2015 at 5:44pm. 902 Views, 0 Comments.

Check out our lakefront listing in Kailua!

Experience island living at its finest in this beautiful corner-lot Kailua home on the water. Over 2700 sqft total, 4 bed 2 bath. Features a brand new kitchen, heated tile pool, dock on the lake, boat parking and mountain and sunset views. Wide open layout, newly remodeled in 2014. Includes PV panels for water, electricity and pool. See 68 hi-res pics at http://www.alohatony.com/kahili.php

 

Enchanted Lake (also known as Ka‘elepulu Pond) covers about 95 acres in Kailua, Hawaii. It connects to the ocean at Kailua Beach Park via Ka‘elepulu Canal. Access to the lake is exclusive to residents and members of the Enchanted Lake Residents Association (ELRA). Last year, to the delight of pond…

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Real Estate in Hawaii 2015....Climb aboard, or jump ship?

Tuesday, January 20th, 2015 at 2:57pm. 6349 Views, 0 Comments.

   You may have noticed that home prices are increasingly rising in Hawaii. Sellers are receiving multiple offers and backup offers due to low inventory. This has resulted in above asking price offers. Lets talk about how real estate is expected to be affected in 2015. Or rather, how it will affect you as a homeowner and/or a buyer. 

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Photo: Hoakalei master planned community 

   The median home price (on this rock, Oahu) has steadily risen in the last 5 years, since the bubble burst. (which I might add, only affected home prices minimally in comparison to our mainland comrades) It is currently at $690K and economists believe that by 2020, the median home price on Oahu will be $1M. Some even believe that it could double by then. 

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Photo:…

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What Honolulu's Record High Median Means For You

Tuesday, December 23rd, 2014 at 12:34pm. 4177 Views, 0 Comments.

The median home price in Honolulu reached a record high of $719,500 in November. This exceeds the summer high ($700K in June '14) and reflects a 5% increase over last year. This year-end peak follows a $50,000 drop in median home price between June and August. 

Three months ago, I wrote an article in which I highlighted a notable trend in Honolulu real estate, making two main observations:

1. That median prices tend to take a dip in the autumn, between highs in the summer and winter
2. That the end-of-year peak will likely surpass the summer peak.

Here's an excerpt from that September post:

"In two out of the last three years, the median price in the winter exceeded the previous summer high. While we can't say with certainty…

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Kuapapa at Hoakalei

Tuesday, December 2nd, 2014 at 9:10pm. 1178 Views, 0 Comments.

 

Kuapapa at Hoakalei is comprised of 4 collections (price ranges)  that all have customizable floorplans in variable price ranges.

 exterior2_312kitchen2_312_01

Loulu-  the Loulu collection of charming seaside-style cottages have 4 plans that start in the $600's. Residence 25.10, 25.20, 25.30 and 25.40 range from 1628-1864 sq ft. They  include three or four bedrooms, and an available main floor master suite. 

 

 

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Naio- The Naio collection is in the same vein as the Loulu collection, with a bit more space and more refined interior finishes. There are 4 plans that start in the mid $700's. Residences 45.10, 45.20, 45.30 and 45.40 range from 1,997 to 2,381 and have four to five bedrooms and up to three full baths. 

          seahorse_312living_312

Koa Lifestyle series- The Koa…

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91-1032 Kaimoana St. Ocean Pointe MLS: 201419203

Sunday, October 19th, 2014 at 8:12am. 10039 Views, 0 Comments.

Check out our new Ocean Pointe listing in Ewa Beach! This immaculate 5 bed, 3 bath shows like a model home and has over 2700 sf interior living space. Upgrades include plantation-style shutters and built-in desks and closets. 

Built in 2006, this Ocean Pointe home is located just a mile away from the brand new Laulani Village Shopping Center, where you'll find Safeway, Ross, Petco, Walgreen's, Panda Express, Starbucks and other great shops.

The kitchen has a wide open feel with stainless steel appliances. The master bedroom is spacious and features two walk-in closets. 

The house is not located on a busy, main road (like some homes in Ewa Beach), so no need to worry about heavy traffic passing by your home. It takes less than a minute to get from…

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Kaneohe real estate....where town meets country.

Friday, October 17th, 2014 at 10:18am. 22757 Views, 0 Comments.

      Sometimes when you think of real estate on Oahu, you may think....Honolulu, big city, traffic, high rise buildings galore, etc. (Or maybe you're thinking grass huts and splitting open coconuts for breakfast. By the way, if this is you, then you REALLY need to visit Oahu!) But there is a special place that is sometimes overlooked by many people when thinking about real estate ....Kaneohe!

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      Its close proximity to the H-3, the Likelike highway, and the Pali highway make it super convenient for anyone to commute into town, the west side, Pearl Harbor or the east side. And the best part about Kaneohe real estate is that you can get away from it all, have a home that has amazing views of the jagged peaks of the Ko'Olau mountains, even…

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Summer Peaks and Autumn Dips

Monday, September 15th, 2014 at 11:44am. 782 Views, 0 Comments.

The median sales price for single family homes started off this year just under 630k in January. It hit a year high this summer at 700k in June. Last month it, dipped again to 650k. 

2014 Median Sales Prices on Oahu SFH

Year Low: January ($629,500)
Year High: June ($700,000)
Last Month: August ($650,000)  


What accounts for the dip? A slight drop in real estate activity after the busy summer months is to be expected. Buyers with families typically aim to get settled into a new home before the school year starts. In the last three years, median prices on single family homes took a dip in autumn before rising again in the winter. This trend can be seen in the chart below:


Median Sales Prices on Single Family Homes (Oahu)

 

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