Just when we thought Ka Milo and Kulalani were sold out of their built inventory, we have two competitively priced short sales at these Mauna Lani condos! Because the initial sales at both complexes took place at the peak of the market, the developers had to reduce their prices over the past few
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03/30/2011
It was like "old home week" at the Kolea Waikoloa Beach Resort property auctions yesterday. Surprisingly, rather than generate a lot of interest from Concierge Auctions huge database, it seemed that most of the bidders on both the home and condo for sale were people already "sold" on the Kolea
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03/22/2011
Late last night I got an email from the Concierge Auction manager regarding the auction today of the Kolea Beachfront Penthouse Condo Villla at Waikoloa Beach Resort. This is not a foreclosure auction, but a professionally managed auction designed to move a property at premium pricing in 30 days
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03/21/2011
Here on the Big Island of Hawai'i, we are more likely to make a big deal about Chinese New Year, May Day - Lei Day, or even Prince Kuhio Day, than to notice St Patrick's Day. However, I could use a little luck of the Irish as I make my daily short sale calls, and my clients and I prepare for the
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03/17/2011
March 15, 2011 I am putting the date at the top of this post, because a Kolea penthouse showing up as an REO (bank-owned property for sale after foreclosure) for only $1,390,000 is the kind of blog post that will attract continued attention! This is the view from Kolea 10F of the beach at Waikolo
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03/15/2011
View from Mauna Lani Point 2-bed condo which sold last week for $2.1 million--a recent high price. Mauna Lani Point condos for sale are holding their value. The surprise of last week was the sale of Mauna Lani Point E202--technically not on the market--for $2.1 million. This is the first time a
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03/14/2011
My Facebook page is full of mobile uploads from Kona, showing the Pier at Kailua Bay near King Kamehmeha hotel under water. Friends who evacuated from Mauna Lani and Waikoloa Beach Resort and Puako have not been allowed back in, roads are closed, so no word on damage there. I have clients turne
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03/11/2011
"Short sale, foreclosure or auction: which is currently the best buy in Big Island real estate?" was the question I client posed to me yesterday after receiving a mailing about the beachfront home and penthouse villas being auctioned at Kolea at Waikoloa Beach Resort on March 21st. The only answ
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03/10/2011
Gracious entrance to an Islands at Mauna Lani condo conveys the peaceful environment at this complex When my business partner Pam found a super deal at the Islands of Mauna Lani for buyer clients last December, that was the first sale in that complex in over two years. The 2008 sales prices ran
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03/08/2011
Now for sale: Villages at Mauna Lani 609 has a private lanai with built-in summer kitchen (MLS 242842) In the market update on Villages at Mauna Lani I wrote at the end of January (5 weeks ago), I reported that the next sale in the Lehua floorplan would be 219, and it was. It sold cash, quick cl
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03/06/2011