"Given the fact that San Diego is a leading indicator for what happens in the Kona market this suggests we will see continued appreciation in the +4% to +7% range for the remainder of this year." Residential data shows increase in 12 months of sales over the previous 12 months. Sales jumped from 419 … Continue reading -Sales up Inventory Down-Kona Coast Bi Monthly Market Update June 2017
Happy May Day! The most notable bit of residential data is the increase in sales number, up from 432 in the previous 12 months to 483. Along with this increase in sales numbers we have a new high for Median Prices at $595,000. There is a hint of the passing of the busy winter selling … Continue reading Hawai’i Island 2x Monthly Real Estate Report May 1st, 2017
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Happy belated Easter to all near and far. Here is positive news to share on the local Hawai'i market watch. The residential data shows declining inventory and strong improvement in pending sales. The Pending Ratio is now in Sellers’ Market territory. The last time we saw this was in 2013 when the market, dominated by … Continue reading Bi Monthly Hawai’i Island Market Update APRIL 2017
The world class resort at Waikoloa Beach comprises a miriage of several different "types" or "hats" when it comes to the property homeowners buy into and enjoy in this resort. There are a very limited amount of residential single family lots lining the oceanfront area's of this resort. As you can expect multi million dollar … Continue reading An exclusive enclave called Naupaka Kai
How to Buy a Home Without a 20% Down Payment One of the first things you'll hear when you start considering homeownership is that you'll need a hefty chunk of change upfront. Most financial planners recommend putting down a 20% down payment. On the current national median home price of $306,700, that comes to $61,340. … Continue reading BUYING YOUR HAWAII HOME-QUALIFYING FOR THE RIGHT LOAN!
-Kona Residential stats show the Median Price upward trend now holding over $570,000. It is likely the lack of affordable inventory under $500.000 and corresponding increase in sales in the higher price ranges will continue to move the price higher. The number of homes listed under $500,000 fluctuates in the low to mid 20’s. It … Continue reading 9.5 Hawaii Island Real Estate Update