Honolulu, HI Real Estate News

By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
HOLIDAY ART FAIRfeaturing Windward Artists Guild and The Association of Hawaii ArtistsUntil Dec. 29th Gallery Hours:Tuesday - Saturday 12-5 PMFinal Closing Reception:Friday Pau Hana December 29, 2023 - 5-8 PM LOCATION:The ARTS at Marks Garage, 1159 Nuuanu Ave, Honolulu, HI 96817, USA    For expert Real Estate Sales and Pet Friendly Property ManagementIn Honolulu, HawaiiCONTACT HI Pro Realty TODAY!  
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
               Latest rates, based on 20 percent down, $200,000 owner-occupant mortgages. The rates and terms may vary; check with lenders for details. Rates may have changed click here to verifyWednesday, November 30, 2023  Lender Term/Type Interest Rate % Points % *APR Aloha Pacific Federal Credit Union808-531-3711NMLS#377314 15-YR Fixed 5.625 2.000 6.120 30-YR Fixed 6.375 1.625 6.647 5-YR ARM 6.000 1.625 6.264 American Savings Bank808-593-1226NMLS#423168 15-YR Fixed 5.625 2.125 6.090 30-YR Fixed 6.250 2.000 6.528 5-YR ARM 6.000 1.625 7.399 Bank of Hawaii877-616-2636 15-YR Fixed 6.250 0.875 6.389 30-YR Fixed 6.375 2.000 6.569 5-YR ARM 6.250 0.875 7.387 Central Pacific Bank808-544-0500NMLS#416603 15-YR Fixed 5.875 2.000 6.335 30-YR Fixed 6.375 2.000 6.661 5-YR ARM 7.500 0.000 8.056 Fin...
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By Barbara Abe
(East Oahu Realty)
For the 2nd month in a row, demand for lower-priced homes pushed down the median price of a single-family home on Oahu.  The median price from December, 2007 through February, 2008 was $600,000, a 2% decline from a year ago, when it was $612,000.The median price of a condo during the same 3-month period was $328,000, a 4% increase over last year, when it was $315,000.However, sales of single-family homes fell more than 28% and condos fell 21% during the December-February period, compared to last year.Reflecting the mainland real estate market, with a high inventory of depressed properties and short sales, buyers now are looking for a "deal" and know there are plenty of properties to choose from in the lower price ranges.Contact me for full details on the real estate market on Oahu.  I s...
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By Barbara Abe
(East Oahu Realty)
Here's a new web site I found that gives great zip code statistics: http://www.zipskinny.com. Take a look at all the information for Hawaii Kai. The colors are customizable, as are the columns. Demographic Information (education, marital status, median income, occupation, racial diversity, age) for ZIP Code 96825 in HONOLULU, HI Let me know if you have any questions about 96825, Hawaii Kai in East Oahu, and the real estate market there. It's my home and my specialty! Barbara Abe 800-999-6090 808-226-2537 barbara@barbarashawaii.com
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By Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE
(Liberty Homes)
Home of the 15th Air Base Wing Hickam Air Force Base has over 2,800 acres of land and facilities. It is located in Honolulu County and on the island of Oahu and runs alongside the Honolulu International Airport. Both Hickam AFB air field and the Honolulu International Airport run under a joint - use agreement.  During the war years Hickam AFB played a crucial part in pilot training and aircraft assembly as well as the Pacific Hub for transporting the wounded not only during World War II, but during the Korean and Vietnam wars as well. In 1980, Hickam AFB was designated as a National Historic Landmark by the Secretary of the Interior due to the significant historic resources associated with World War II in the Pacific. Other areas of interest around the Airport/Hickam areas: Navy Marine ...
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By Barbara Abe
(East Oahu Realty)
Real Estate Sales continue strong in Hawaii KaiSince the first of the year, more properties have gone into escrow than in December, and prices are holding firm.  This reflects both the renewed interest after the holiday season, and the strong real estate market typical of Hawaii Kai, in East Oahu. Here are the stats for the first 2 weeks of February, single family:Total active listings - 115 from $598,000 - $15,000,00015 under $799,99917 from $800,000 - $999,99917 from $1,000,000 - $1,199,99942 from $1,200,000 - $1,999,99924 over $2,000,000Total under contract - 31 from $599,999 - $6,795,00012 under $799,9996 from $800,000 - $999,9993 from $1,000,000 - $1,199,9998 from $1,200,000 - $1,999,9992 over $2,000,000Total sales in the last 6 months - 93 from $551,000 - $15,900,00029 under $799,...
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By Yvonne Jaramillo Ahearn, Esq. (B), REALTOR-Broker, CRS, GRI, ABR CLHMS
(Hawaii Life Real Estate Brokers)
In a recent report of Sperlings Best Places, which ranked the "Most Secure" large metropolitan areas in the US, our lovely city of Honolulu was ranked right up there. This ranking system is based on crime statistics, extreme weather, risk of natural disasters, environmental hazards, terrorism threats, air quality, life expectancy and job loss numbers. 379 municipalities were rated. Honolulu received a rating of #10 of metropolitan areas with 500,000 or more residents and 44th overall. For more information about living in Honolulu, please contact me at 721-8088.
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
For those who read my Blogging at 35,000 feet post, you know I just went to (and now returned from) Hawaii for a 5 day trip. Three days of being lazy (sort of) and sight seeing a bit, and 2 days of an intense CRS convention (look for an upcoming post on that). Diamond Head State Monument (yep, it’s a mountain, well, actually it’s a crater believed to have been created about 300,000 years ago by a brief eruption) offers a great 30-45 minute hike (or a little longer one way depending on your physical condition and energy level) up about 560 feet to the summit (761 feet above sea level) where you can relish the 360-degree views of the island of Oahu. The trail was built in 1908 as part of the U.S. Army Coastal Artillery Defense System, and was used by mules to haul materials to the peak f...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
I had the opportunity to get a tour of Capitol Place yesterday.  I see their motto of "Upscale, Uptown, Unequaled" coming to fruition very soon.  They are anticipating completion in April.  When complete, it will be 39 stories with 12 units on each floor, consisting of a nice mix of 1,2 and 3 bedroom units.  I have some clients that are purchasing a 3 bedroom unit.  The construction is top of the line.  The floor to ceiling windows are double-glazed and insulated.  Sitting on the corners of Bishop & Beretania, you could not even hear the cars outside. Here's an idea of Kitchen:                Soon to be pool area:             Furnished Living Room:                               There is porcelain tile in entry, kitchen, and bathroom floors.  The kitchens come with granite countertops wi...
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By Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE
(Liberty Homes)
What a way to start the New Year but with an Oahu, Hawaii ActiveRain Gathering for 2008! We have finally got our "stuff" together and made reservations and plans for this event to coincide with the time you folks who are coming for the Hawaii Chapter: CRS Sellabration at Hilton Hawaiian Village. ActiveRain's Matt Heaton and Lydia Heaton will be attending!!!!    will be checking in with the ActiveRain Head Honcho's to see if they may be able to make it over They will also be here for their FIRST Paradise Vacation.  Quite a few of you have already let me or Randy Prothero know that you are interested in attending and we need to get a direct count for our reservations at Aloha Tower Marketplace's Gordon Biersche Lanai. The lanai setting will be a great place to mingle and finally get to me...
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By Randy L. Prothero, Missouri REALTOR, (808) 384-5645
(eXp Realty)
Salt Lake Area (tax map key 111, includes Moanalua, Aliamanu, Mapunapuna and Airport Area)The below figures include both fee simple and leasehold properties.  These are only the totals and average sale prices.Single Family homes sales have softened. Average sales price of single family homes have continued to climb, while sales volume is down from last year.  Inventory levels are fairly low, so prices may hold strong in Salt Lake for the near future at least.Condo and townhouse sales are another story.  Inventory continues to remain low.  Average sales prices have seen a nice jump over last year.  The Salt Lake area is still in a seller's market for condos.Current Active for Sale (as of 1/15/08):  18 Single Family Homes43 Condos/ TownhousesCurrently in Escrow (as of 1/15/08):    4 Singl...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
I finally had the chance yesterday to get down and see the Ossipoff exhibition at the Honolulu Academy of Arts.  For those of you that don't know, Vladimir Ossipoff was the most renowned architect in Hawaii in the 20th Century.  He was born in Russia, raised in Japan and schooled at UC, Berkley.  He passed away in 1998 after a career spanning six decades! The reason for the display was this year marked what would have been his 100th birthday.  I've heard so much about him over the years.  His work included both residential and commercial designs.  There are just too many too name.  Some of his noted works were the Honolulu International Airport, the IBM Building, the McInerny Building in Waikiki, the Chapel at Hawaii Preparatory Academy on the Big Island, and the Chapel at Punahou Schoo...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
First of all, I would like to say Happy New Year! I am really excited about 2008.  Every RE/MAX Realtor will be "Reaching for the Sky", some literally and some figuratively.  Dave Liniger, the founder of RE/MAX predicts this year will be real similar to 2007 on the national level.  However, locally Oahu still seems to defy national housing statistics.  We are one of a few select markets including San Francisco and New York where prices have held strong over the past year.  The reason: Demand still outstrips Supply.  There is only so much land in all 3 markets mentioned.  The tough thing about moving to Hawaii from some of the slower markets on the mainland is that those markets are slower.... I now have 4-5 clients that are "ready and able" to purchase here "as soon as they sell" anothe...
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By Randy L. Prothero, Missouri REALTOR, (808) 384-5645
(eXp Realty)
                              We have been talking about this gathering ever since we learned the CRS Sell-a-bration was coming to Hawaii.  WooHoo Sally (Celeste Cheeseman) has reserved the location so it is on!We will be gathering at the Gordon Biersch micro brewery.  For those of you who know Sally and I you may see the humor.  Neither of us drink, making us good designated drivers.Monday January 28, 2008 7:00pm until they throw us out 1 Aloha Tower Drive Suite 1123Honolulu, HI 96813phone: 808-599-4877We chose Gordon Biersch for a couple of reasons.                                               They are easy to find from Waikiki and the Hilton were the CRS convention is going on.It has a large enough area to support us and they have similar gatherings regularly thereThey have great fo...
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By Randy L. Prothero, Missouri REALTOR, (808) 384-5645
(eXp Realty)
Salt Lake Area (tax map key 111, includes Moanalua, Aliamanu, Mapunapuna and Airport Area)The below figures include both fee simple and leasehold properties.  These are only the totals and average sale prices.Single Family homes sales have softened. Average sales price of single family homes have continued to climb, while a little off in November the low sales volume makes it impossible to draw any conclusions.  Sales volume is down from last year.  Inventory levels are beginning to come down.Condo and townhouse sales are another story.  Inventory continues to remain low.  Average sales prices have seen a nice jump over last year.  The Salt Lake area is still in a seller's market for condos.Current Active for Sale (as of 12/22/07):  20 Single Family Homes35 Condos/ TownhousesCurrently i...
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By Bob Farrell, RA, MS, RSPS, TRC, RECS
(ERA Signature Homes)
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By Barbara Abe
(East Oahu Realty)
Numbers are down only slightly for sales and active listings in Hawaii Kai for the past month. The market continues strong, as buyers place a good value on homes in the east part of Oahu. 120 sales took place in the last 6 months for single family: 37 under $799,999, 40 between $800,000 - $999,999, 18 between $1,000,000 - $1,199,999, 21 between $1,200,000 - $1,999,999, 4 over $2,000,000 - the highest sale was $15,900,000. There are 119 active listings as of 12.14, and 19 under contract. For condos, 124 sales occurred in the last 6 months, ranging from $300,000 for a leasehold unit to $1,400,000 for a 3 bedroom home in Kalele Kai. There are 78 active condo listings, and 22 under contract. Call or email me for questions and a complete market analysis of Hawaii Kai real estate. www.movetoh...
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By Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE
(Liberty Homes)
The following Guides for Oahu, Hawaii should prove helpful for activities, scenic areas, dining and points of interest for the visitor. This three (maybe ...four) part series Hawaii is known worldwide as one of the most scenic places on the face of the earth. From flower blooms to ocean views to beautiful blue skies you can expect to see and preserve these memories with unreal photographs as well as gaining a sense of peace within from our rich Hawaiian history.    In Part 1 I'll take you through the Historic side of Oahu, Hawaii to gain some insight into Hawaii's Rich History. So many come to our islands and miss out on the important things that will be remembered for years to come. The RICH HISTORY. The shows, entertainment and other stuff can follow but please be sure to do the Histo...
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By Randy L. Prothero, Missouri REALTOR, (808) 384-5645
(eXp Realty)
Salt Lake Area (tax map key 111, includes Moanalua, Aliamanu, Mapunapuna and Airport Area)The below figures include both fee simple and leasehold properties.  These are only the totals and average sale prices.Single Family homes sales have softened. Average sales price of single family homes have continued to climb again.  Sales volume is down from last year.  Inventory levels are still hovering at about 6 months.Condo and townhouse sales are another story.  Inventory is low with just a little more than 2 months worth.  Average sales prices have seen a nice jump over last year.  The Salt Lake area is still in a seller's market for condos.Current Active for Sale (as of 11/29/07):  20 Single Family Homes49 Condos/ TownhousesCurrently in Escrow (as of 11/29/07):    6 Single Family Homes17 ...
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By Barbara Abe
(East Oahu Realty)
The market in Hawaii Kai continues to be strong and the median home price on Oahu rose again in October to $655,000, although the median price for condos fell slightly to $322,500. As of November 23, in the last six months, 116 single family homes sold in Hawaii Kai, from $590,000 to $15,900,000. Here is the breakdown by price: 36 under $799,999 39 between $800,000 - $999,999 13 between $1,000,000 - $1,199,999 23 between $1,200,000 - $1,999,999 5 over $2,000,000 Condo sales also kept pace with the good market. 138 condos sold in the last six months, ranging from a leasehold unit in Village Green at $300,000 to a 3 bedroom in Kalele Kai for $1,400,000. If you aren't familiar with the beauty and amenities of Hawaii Kai, visit my web site at www.movetohawaiikai.com which will give you deta...
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By Jeffery Griffin, Broker Owner
(Jeff Griffin LLC )
Hawaiian Electric Co. is making available, free of charge to any interested wind energy developer, data collected about wind conditions and bird activities in the Kahuku area of Oahu's North Shore."While it is unusual for a package of valuable data to be offered for free, we want to do all we can to help encourage more renewable energy in Hawaii," says Karl Stahlkopf, Hawaiian Electric's senior vice president of energy solutions and chief technology officer. "This is especially important on Oahu, where we have the most customers but lack availability of some of the renewable resources found on the Neighbor Islands - such as geothermal and run-of-the-river hydro. Hawaiian Electric has diligently pursued wind resource assessment on Oahu, and we want to share the data."The initial package ...
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By Barbara Abe
(East Oahu Realty)
The Honolulu Advertiser released the news Nov. 8 that the city has begun work on the Hawaii Kai Dog Park, at the corner of Keahole Street and Kalaniana'ole Highway. They are clearing the boundaries and will start putting up fence posts by mid-November. The non-profit group Hui'ilio Hawai'i has been working on the project and raising funds for three years. They formed a private-public partnership with the city of Honolulu, which requires the city to clear the land, install irrigation and fencing. The non-profit will provide the fence material, benches, and some landscaping. While the grass will take a few months to grow in strong enough to withstand all those pounding paws, dogs and Hawaii Kai residents alike hope for an opening in the Spring. To contribute to the dog park through the n...
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