Aloha Tony's Oahu Real Estate Blog

    With it's amazing location just in front of Koko Head crater in Hawaii Kai, the neighborhood of Koko Head Terrace makes coming home a beautiful thing.

    The homes in Koko Head Terrace were all originally built between 1965-1971 and were constructed by using the single wall method of construction. Single wall construction is quite common here (and in other tropical regions) as we do not need a method of heating for homes, which makes insulation unnecessary. A majority of traditional Hawaiian homes were built using single wall construction. With the homes having been built with single wall construction, they were all originally single story. When you see a 2 story home in Koko Head Terrace, it's safe to say that they had to have it

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     We recently sold a home in Makakilo-Anhuea, within the Palehua Home Owners Association. Anuhea is a subdivision developed by DR Horton-Schuler Homes in 2005. The homes are very well built with steel frames and nice floor plans. This neighborhood consists of 109 homes that are a CPR. CPR is short for Condo property regime. But these are all detached, single family homes. The CPR refers to the way that the land was split up by the developer.

 

    The floor plans are all very open and have nice sized bedrooms. There are 4 different floor plans with many variations of them all. They are all 3-4 bedroom, 2, 2.5 or 3 bathroom and range from 1285-1817 sq ft.

 

    The homes have a traditional exterior elevation and all have nice vinyl

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“These loans can be the difference between renting and ownership for families across O‘ahu.”  -Honolulu Mayor Kirk Caldwell   Last week Honolulu Mayor Kirk Caldwell announced that qualified low-income and moderate-income families can receive interest free loans for a down payment on home purchases. That day I called the DCS loan branch for more info and here’s what I found out.   The city will loan up to $40,000 to a borrower interest-free over a 20 year period.   But that’s not all!    For every year of owner-occupancy, the borrower will be credited 5% toward their loan balance. After ten years, about 50% of the balance should be paid off by the buyer while the other 50% will be paid off by credits. So only does the buyer get…
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For the 4th year in a row, Tony Kawaguchi and his Aloha Tony team have received the honors of being on this prestigious list of top producing agents in the state of Hawaii. The data is compiled from the MLS (Multiple Listing Service) and there are a few criteria that are considered from this.

1. Only MLS transactions in Hawaii

2. Only residential sales are counted. (no vacant land or commercial)

3. No new home sales are counted. (which is a shame since Realtor's often find homes in new construction developments)

4. Primary listing agents receive full credit, co-listing agents do not receive credit.

5. Both buyers agent and sellers agent are credited for the full sales price amount.

6. If the Realtor represents both seller and buyer,

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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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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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    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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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 fishermen, the

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   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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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 that the median price

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