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Thursday, March 19th, 2015 at 2:10pm. 111 Views, 0 Comments.
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…
Wednesday, March 4th, 2015 at 7:59pm. 2234 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.
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…
Wednesday, January 21st, 2015 at 5:44pm. 481 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…
Tuesday, January 20th, 2015 at 2:57pm. 5454 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.
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.
Tuesday, December 23rd, 2014 at 12:34pm. 3767 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…
Tuesday, December 2nd, 2014 at 9:10pm. 724 Views, 0 Comments.
Kuapapa at Hoakalei is comprised of 4 collections (price ranges) that all have customizable floorplans in variable price ranges.
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.
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.
Koa Lifestyle series- The Koa…
Sunday, October 19th, 2014 at 8:12am. 9762 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…
Friday, October 17th, 2014 at 10:18am. 21248 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!
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…
Monday, September 15th, 2014 at 11:44am. 641 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)
Tuesday, July 22nd, 2014 at 3:30pm. 6801 Views, 0 Comments.
We are excited to list this beautifully remodeled, ocean-view home in Aina Haina, East Honolulu. Aina Haina is one of the most coveted areas on the island for its proximity to both downtown Honolulu and South Shore beach living. This 4 bedroom, 3 bath corner lot offers 2,414 sf living space and was completely renovated this year. Some newly renovated houses can feel too fancy to be lived in comfortably, but that's not the case with this gorgeous Aina Haina property. The sophistication of this house is impossible to miss, while the choices in aesthetics make it warm enough to feel like home.
The wood tones of the cabinets compliment the flooring help to create an open and inviting kitchen. Other new features include granite countertops and brand new…
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