news: Still Waiting For the Bottom To Hit? Look in Your Rear View Mirror
- 04/25/23 12:56 PM
Aloha and welcome to the latest in real estate news and trends. I'm Lance Owens (RS) of LUVA Real Estate, and I'm excited to share insights from our partners at KCM. We're dedicated to keeping you informed about the ever-changing real estate market so that you can make informed decisions. Let's dive into the latest updates. (the chart above is local numbers)
The current state of the housing market is uncertain and constantly evolving. As we head into the spring months, you may have questions about what to expect in terms of inventory, pricing, and mortgage rates. Here’s what industry experts have … (1 comments)
|
news: Why Aren’t Home Prices Crashing?
- 04/05/23 02:07 PM
Aloha, Lance Owens (RS) with LUVA Real Estate and our partners at KCM, there have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people’s ability to buy a home. And after several years of rapid price appreciation, home prices finally peaked last summer (not in Kona median price last year $985k, today $1.277m ) . These changes led to a rise in headlines saying prices would end up crashing.
Even though we’re no longer seeing the buyer frenzy that drove home values up during the pandemic, prices have been relatively flat at … (4 comments)
|
news: Cesspool Conversion Law Update In Hawaii
- 03/31/23 02:01 PM
Nobody wants to be swimming in an ocean of full of wastewater, so let's take a look at what to expect in 2023 with several of the cesspool bills bouncing around still. here is an update on a couple that will have the greatest effect on homeowners:
SB428: Requires each county to develop a comprehensive integrated wastewater management plan and financial strategy. Requires each county to submit its respective plan and financial strategy to the Legislature. This bill was deferred but it will be introduced as a "resolution" which will achieve the same end results
SB426: Requires priority level 1 cesspools to be upgraded, converted, … (2 comments)
|
news: 2019 Will Be a Great Year for Buyers AND Sellers
- 02/19/19 10:49 AM
Many homeowners believe that rising interest rates and home prices have scared away buyers and therefore have not listed their houses for sale. However, the truth is that buyers who were unable to find a home last year are out in force, and there are even more coming!
NerdWallet’s 2018 Home Buyer Report revealed that:
“Approximately one-third (32%) of Americans plan to purchase a home in the next five years. Millennials are most likely to have such a purchase in their five-year plan (49%), versus 35% of Generation X and 17% of baby boomers.”
As we can see, buyers are optimistic! According to the report, here … (1 comments)
|
news: Winter Storms Bring Snow to the Big Island of Hawaii
- 12/02/16 09:31 AM
Lucky we live Hawaii, the only place I know of where you can snowboard in the morning, and bodyboard in the afternoon !
First Snow has hit the Big Island, and the Ski Lifts are OPEN.... Ok, im kidding about the ski lifts, but the snow is real, it is here, and the best part about it, the beach is only an hour and half away !
Manua Kea and Mauna Loa get snow every year, some years are better than others, but I am betting on a nice White Christmas this year.
Take a look at these guys/girls making the best of it … (3 comments)
|
news: Lava Flow Update: Big Island of Hawaii To Open Viewing Area
- 06/30/16 06:27 AM
This is an ABSOLUTE MUST DO if you are in Hawaii, thinking about Hawaii, or just few items short on your bucket list!
I will never forget, being able to go up to the Lava flow back in the 80s.
Let me tell you, it was one of those "checkpoint" moments in life that you will never forget. I witnessed molten lava coming from the center of earth and reclaiming land as if she always owned it, trees burst into flames right before you eyes, just an epic, awestruck moment.
Well that flow finally ended, as they all do, but since then … (0 comments)
|
news: Hawaii Real Estate Statistics Sales Statistics: Homes April 2016
- 05/20/16 09:11 AM
Kailua Kona Housing Report April 2016News for both Buyers and Sellers:
2016 is shaping up better than predicted, Kialua Kona (North Kona on charts) Homes are up over 10% from last year at this time. Just when I thought we catch our breath and take our usual summmer vacation, the market heats back up! I will let the graphs below do the talking for me.
Make sure you give Kimi or Lance a call if you want some one on one time to go over what this means to you, whether you are buying or selling.
Big Mahalos to Old Repulic Title and … (4 comments)
|
news: Multi Family 16 Bed / 17 Bath on Alii Drive in Kona Hawaii
- 10/10/15 04:55 AM
October 10, 2015 Update on Hawaii Multi Family For Sale
For Buyers, Investors, or large families
Centrally located on Alii Drive, Up for sale, we have 2 duplexes (4 units) with a total of 16 bedrooms, 16 baths.Of the 16 bedrooms, each has its own private entrance, bathroom, shower, and a private “den” area. Some of these “den” areas are fully permitted kitchens, while others have what is called "bar sinks" and smaller fridges. Upper floors have ocean views with lanais, ground floors have a small grass area with Lanai Recreation building (stand-alone) comes with its own full bath, included in its 416 sqft of space.Buildings … (2 comments)
|
news: One Sunset, One Evening, Seen 10 Different Ways, September 20, 2015
- 09/21/15 04:31 AM
September 21, 2015
Aloha From Kailua Kona, HI
I thought it would be fun to take all the FB photos from friends (with permission) and put them into one photo blog. Just one evening, same sunset, same city, but our different views. I think it came out great, I hope you enjoy.
First one comes from Julie Ziemelis , and her view from the beach. Julie is also an author of the book "How To Move to Kona" and runs the www.facebook.com/365Kona things to do in Kona,
I almost forgot her website of the same name 365 Kona Discovering the Big Island of Hawaii
Next we are going to … (10 comments)
|
news: Land Sales Report, West Hawaii and Big Island : July 2015
- 08/07/15 06:12 AM
Kailua Kona Land Sales Report for July 2015
News for both Buyers and Sellers: August 7, 2015
North Kona Land Sales, show an increase in the median price of just over 29%.
There was a slight decrease in the number of vacant land sales of .
It goes to show, supply and demand play a huge role in the numbers above.
I went ahead and took that median price of $380,000, then did a search from $350,000 to $400,000 and I come up with 20 listings of vacant land, currently active in our MLS.
I did check, and they are all Fee Simple properties (no leaseholds … (4 comments)
|
news: Kailua Kona, HI Condo Report Here - July 2015 Numbers
- 08/05/15 07:58 AM
Kailua Kona Condominium Report for July 2015
News for both Buyers and Sellers: August 5, 2015
MLS sales report shows an increase in the number of condos sold, and a slight decrease in condominium prices YTD.
If you are considering buying a condominium you can still find deals, but having a good real estate agent who understands the market is a must. Don’t wait on the sidelines for too long, many of our listings are starting to sell within a few days of hitting the market. To make sure you don't overpay, you'll want to have an agent that does a thorough market analysis … (0 comments)
|
news: 8 years and 300,000 points later - ActiveRain..... I Still Love You
- 07/20/15 03:59 AM
I still remember that day I called my brother, (July 2007) I said, Rick, do you know anything about blogging, the reason I ask is our MLS is offering it up, and I was thinking about subscribing to it?
He laughed a little, see he was a big-shot with Real Estate marketing firm, very successful one, and proceeded to remind me that he signed me up with a new company "ActiveRain" and they looked kind of promising....... He said if I was going to try blogging, I should do it with them, and the rest is history!
July 3, 2007 @7:37pm, I embarked on a new journey.
How … (0 comments)
|
news: Hawaii Homes Sold in 45 Days or Less - National - 60 Days Or Less
- 07/17/15 09:14 AM
Some Highlights:Real Estate News and Market Reports
The National Association of REALTORS® surveyed their members for their Confidence Index and according to the numbers above, Hawaii rated at 31-45 day average. I have taken a snapshot of our local market here in Kailua Kona - see screen capture below The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions. Homes sold in 60 days or less in 35 out of 50 states and Washington D.C. Only … (3 comments)
|
news: Keauhou Resort #76 Just feet away from Keauhou Bay
- 04/23/15 09:03 AM
Keauhou Resort, just about one block from Keauhou Bay and Vacation Rental Approved.
Aloha, Lance Owens (RS) and Kimi Nagatoshi (RS) with LUVA Real Estate, bringing you our newest listing. All the details are below, feel free to call Kimi or myself with any questions.
These first 2 photos are taken from Keauhou Bay, about 1,500 feet from your front door.
For Sale $324,695.78-7039 Kamehameha Iii Rd #76 Kailua-Kona, HI 96740
Condo, 1 Beds, 1 Baths, 752 sq. ft., MLS# 283654
TOOLS & RESOURCES: Save ListingRequest More InfoSchedule a ShowingMap to PropertyPrintable VersionMortgage CalculatorsGet Pre-Approved for a LoanTell a Friend 4/10
Keauhou Resort unit 76 Just … (6 comments)
|
news: Does the "A" in Apple stand for Incompetent ?
- 03/21/15 05:01 AM
Does the "A" in Apple stand for Incompetent ?
That makes as much sense as the story I am about to tell you.
If you know me, you know I have written several reviews on the Apple iPhones, all really good ones.
Here is where we change it up a notch, Applecare has been a nightmare beyond belief, lets start at the beginning - My Son, myself, a good friend, and his son, spend the night at the ATT store for the grand release of the iPhone 6 and 6plus - of course it was a Circus atmosphere, and a great bonding … (20 comments)
|
news: Kailua Kona Real Estate Report for January 2015
- 02/10/15 03:37 AM
Aloha, Lance Owens (RS) with LUVA Real Estate, bringing you the Kailua Kona Real Estate Report for 2015.
According to the Hawaii Information Service (MLS), North Kona home sales, January 2015, increased by 28% over 2014
If you were to read reports by Zillow, Trulia, Yahoo and others, you might think that 2015 numbers will make 2007 look like 2013. Did that make any sense? Probably not, because I am still scratching my head. (Dennis Hopper – Flashback)
I prefer to give you “black and white” numbers, let you form your own opinion. Better yet, look these numbers over, call … (1 comments)
|
news: New Building Construction Boost Economy in West Hawaii
- 08/21/14 12:55 PM
New Building Construction Boosts Economy In West Hawaii by Julie Ziemelis on August 21, 2014 in Kona News Kokua Roofing replacing roofs at the Keauhou Resort
Good news-the economy in West Hawaii is improving. New construction, a leading indicator of an economic recovery, is picking up and looking strong for the foreseeable future.
With the opening of the new nine-acre Kaiser Permanente Kona Medical Office on Honokohau Street in July and the flurry of building going on right now at the new Kohanaiki resort and Palamanui Community College, the sound of new construction is music to the local building industry’s ears.
Other new building projects going … (6 comments)
|
news: West Hawaii Today Real Estate News - Front Page !
- 04/30/13 06:21 AM
Update 5/8/13 New Listing at Keauhuo Resort - click this link http://actvra.in/Vw5 Todays West Hawaii Today Front Page News 12:20 am - April 30, 2013 — Updated: 12:20 am - April 30, 2013 Hot, Hot, Hot! A real estate sign points buyers to a home in Holualoa in this March photo. (Special to West Hawaii Today/Anna Pacheco)
A home in Kona is available for sale in this March photo. (Special to West Hawaii Today/Anna Pacheco)
An advertised home in Waimea is sold in this March photo. (Special to West Hawaii Today/Anna Pacheco)
A Holualoa home is listed for sale in this March photo. (Special to West … (0 comments)
|
news: West Hawaii Today Newspaper - what happened to responsible reporting?
- 11/05/09 01:06 AM
What do you do when the only news paper in town - West Hawaii Today - splashes across its headlines
Island Real Estate continues to DECLINE!!! Please - West Hawaii Today, verify your facts before printing such negative material.Myth: 651 Single Family Homes for sale in North Kona (as reported)Fact: 364 Single Family Homes for sale in North Kona (as of 11/4/09) I follow this on a monthly basis and we average around 380 - 400 a month - so I have no idea where 651 comes from.Myth - North Kona Home Sales down <3%> !!! (as reported) Fact - North Kona … (3 comments)
|
|
|
|
Aloha and welcome to the latest in real estate news and trends. I'm Lance Owens (RS) of LUVA Real Estate, and I'm excited to share insights from our partners at KCM. We're dedicated to keeping you informed about the ever-changing real estate market so that you can make informed decisions. Let's dive into the latest updates. (the chart above is local numbers)
;)
;)
;)
