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Honolulu, HI Real Estate News

By Kimo Stowell, REALTOR® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
KŪKOLU Holiday MarketDecember 13, 12:00 pm - 8:00 pmTHE BARN AT SALT AT OUR KAKA'AKOThe holidays are here, and it’s time to shop local and celebrate Native Hawaiian and Indigenous makers! Join us for the KŪKOLU Holiday Market in The Barn, featuring talented artisans from the IWI cohort program and a curated selection of entrepreneurs.Shop unique, meaningful gifts and support local businesses this holiday season!  Don’t miss this special mākeke - mark your calendars today!https://saltatkakaako.com/event/kukolu-holiday-marketThe IWI program is a three-year business development program, businesses have the opportunity to evaluate their business model against current market opportunities. IWI provides entrepreneurs with the education, resources, and mentorship needed to build and promote gr...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Aloha, this is David Buck and we’re down at the Gold Coast at Diamond Head and we’re going to talk about the difference between condo and co-op ownership in Hawaii. What most people don’t know is this is the highest concentration and the reason we’re filming down here is this is the highest concentration of co-ops on Oahu. We do have some condos as well...Read More
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By Kimo Stowell, REALTOR® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
November Single-Family Home and Condo Sales Up Year-Over-Year Single-family homes and condos report double-digit increases, median prices remain stable HONOLULU – According to resale figures released this week by the Honolulu Board of REALTORS®, single-family home sales rose 12.8% with 203 closings and condo sales jumped 10% to 341 closings, compared to November 2023. Both markets experienced nominal changes in median sales prices. The single-family home median sales price for November was $1,115,000, up 1.4% from a year ago, while the condo median sales price was $530,000, a year-over-year increase of 2.7%.   Using data collected from its computerized Multiple Listing Service (MLS) system, the Board reported the following statistics:   Single-Family Home Resales   Number of Sales Medi...
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By Barbara Abe
(East Oahu Realty)
Hahaione ValleyHahaione Valley, with its beautiful lushly covered mountains, is the first valley when entering Hawaii Kai from downtown Honolulu.  It is divided into Lower Hahaione, consisting of around 320 homes built in the early 1970s, and Upper Hahaione, with 350 plus, including many custom built homes, which were built from the mid 1970s through the 1980s.Upper Hahaione is at a higher elevation giving the lovely Koko Head and ocean views from houses on the east side, and lush mountain views from those on the west.                                                     There is a bus route along the roads separating the upper and lower valley, with excellent service, making it a very convenient place to live.  Hahaione Elementary School, at the base of the valley, is an excellent schoo...
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By Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE
(Liberty Homes)
I have had MANY inquiries from potential buyer's regarding their buying vacant land on Oahu and I have had to educate them on the zoning laws in Hawaii.  Most of them assume they could just come in and buy a bunch of land and start building. Not the case! For one, our Hawaiian Islands just have so much land on each island. We also have to look out for Restricted Conservation, Restricted Preservation, Agricultural, Country, Beachfront and all the different types of Residential zoning and follow all guidelines with the application for building, rezoning, CPR's etc.  We have zoning and building permit "police" and they strictly enforce our laws. The bottom line is this. All permits, applications and so forth are all reviewed to serve and first consider the well being of the people of Hawai...
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By Randy L. Prothero, Missouri REALTOR, (808) 384-5645
(eXp Realty)
                                                                                   Below is a list of condos in the Salt Lake area, just a short commute to downtown Honolulu that are pet friendly.  This is an important question for families with pets.  Also if you are relocating to Hawaii, this issue of animal quarantine comes up.  If you are relocating to Hawaii do your self and your pet a favor and check out the Dept. of Agriculture website for animal quarantine information:  http://www.hawaiiag.org/hdoa/ai_aqs_info.htmC = Condominium CP = Cooperative PH = Public Housing PHE = Public Housing for the Elderly R = Rental TH = TownhouseBoard App'd = Board is required to approve the petRN = Reasonable Number* = Small dogs under 25 pounds+ = No dogs over 50 pounds** = No large parrot-type b...
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By Randy L. Prothero, Missouri REALTOR, (808) 384-5645
(eXp Realty)
The Salt Lake community (part of zip code of 96818) has mostly condominiums.  There are a few single family home sales, but too few to draw any market conclusions.  Sales activity for the first quarter of 2007 showed similar numbers of sales with a nice increase in prices over 2006. Interest rates are still low, properties are still moving making it a nice balanced market for buyers and sellers.  With a short commute  to downtown Honolulu, Salt Lake continues to be a popular location for those working and shopping in town. Currently under the "Active for Sale Category" there are:  46 Condos/ TownhousesCurrently in Escrow:  24 Condos/ TownhousesFor the Month of March 2007        Condominiums Number of Sales Average Sales PriceArea20072006% Change 20072006% ChangeSalt Lake2427-11.12 $294,...
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By Randy L. Prothero, Missouri REALTOR, (808) 384-5645
(eXp Realty)
                                                                        Below is a list of condos in Waikiki that are pet friendly.  This is an important question for families with pets.  Also if you are relocating to Hawaii, this issue of animal quarantine comes up.  If you are relocating to Hawaii do your self and your pet a favor and check out the Dept. of Agriculture website for animal quarantine information:  http://www.hawaiiag.org/hdoa/ai_aqs_info.htmC = Condominium CP = Cooperative PH = Public Housing PHE = Public Housing for the Elderly R = Rental TH = TownhouseBoard App'd = Board is required to approve the petRN = Reasonable Number* = Small dogs under 25 pounds+ = No dogs over 50 pounds** = No large parrot-type birds BuildingAddressBldg. TypeLimitDogs CatsBirds RabbitsBoard Ap...
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By Kengo Ueno, (R)
(Prudential Locations LLC)
The following graphs represent real estate data from high-end neighborhoods in the Metro Honolulu area of Oahu, Hawaii.  These neighborhoods include Dowsett, Judd Hillside, Manoa Lower, Manoa Area, Tantalus and Makiki Heights.  It's kind of blurry but the basline represents years by quarters starting from the 1st quarter of 2004 until the 4th quarter of 2006.  The first green line under the baseline, represent price per square foot.  The next line is Days on Market and the last green line represents the percentage it sold for from the list price.  These are all strong indicators of how the market trend is going.
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The following graphs represent real estate data from high-end neighborhoods in the Hawaii Kai area of Oahu, Hawaii.  This data includes graphs for neighborhoods like Portlock, Na Pali Haweo, Anchorage, Queen's Gate, Luna Kai and Koko Kai.  It's kind of blurry but the basline represents years by quarters starting from the 1st quarter of 2004 until the 4th quarter of 2006.  The first green line under the baseline, represent price per square foot.  The next line is Days on Market and the last green line represents the percentage it sold for from the list price.  These are all strong indicators of how the market trend is going.
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By Kengo Ueno, (R)
(Prudential Locations LLC)
The following graphs represent real estate data from high-end neighborhoods in the Diamond Head / Kahala area of Oahu, Hawaii.  These neighborhoods include Kahala, Balck Point, Diamond Head, Hawaii Loa Ridge, Waialae Golf Course and Niu Beach.  It's kind of blurry but the basline represents years by quarters starting from the 1st quarter of 2004 until the 4th quarter of 2006.  The first green line under the baseline, represent price per square foot.  The next line is Days on Market and the last green line represents the percentage it sold for from the list price.  These are all strong indicators of how the market trend is going. 
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By Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE
(Liberty Homes)
PART 1 (MILITARY)                                                 Click here for Non-Military   Celeste: Century 21 Liberty Homes. This is "Sally", may I help you? Client (Potential): Hi, my name is ______ and we recently relocated to Hawaii. I am stationed at Schofield Barracks (or Hickam AFB, or Pearl Harbor Navy Base or Kaneohe Marine Base) and  we are looking for a rental or possibly buying while I'm stationed here.                                      Unlike anywhere in the United States you will find that Hawaii is unlike anywhere else in the world.    (This is including their real estate transactions!) The following tips will help you in your first steps with the home buying process.  1) You know that being in the military you have your BAH *housing allowance) which you can apply...
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By Randy L. Prothero, Missouri REALTOR, (808) 384-5645
(eXp Realty)
Waikiki, Hawaii is located in the City of Honolulu on the south shore of Oahu. (tax map key 126).Waikiki is made up of mostly condos, hotels, timeshares and condo-tels.  Single family homes sales are so few as to not show up on the radar screen.Due to the large numbers of condos in Waikiki I am breaking them up in a by price range and separating fee simple from leasehold.The below figures include both fee simple and leasehold properties.  These are only the totals and averages.Here are the numbers for fee simple condos sold in Waikiki:                                                                               Average Sales Price:Today                                        171 studios active for sale117 - 1 bed active for sale  92 - 2 bed active for sale  19 - 3 bed+ active for sale ...
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By Mr. Jones
(NA)
What are some of the bad experiences that you had with your preferred lender? What did they do to resolve the problem? Thanks,Jay
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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)Single family homes took a little dip in prices in the first half of 2006, but came roaring back the second half of 2006 to a new historic high in prices and an increase in homes sold.  January single family home sales continued to show growth in average prices.  Salt Lake area condos and townhouses showed some slowing in 2nd half of 2006, but the prices continued to climb.The below figures include both fee simple and leasehold properties.  These are only the totals and averages.Here are number of single family homes sold in Salt Lake and the surrounding areas:2007:                                                                                                    Average Sales Price:Today          ...
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By Ronda Ching Day, Call "Help Me Ronda" for your Real Estate Needs!
(Coldwell Banker Pacific Properties)
Since the 7-hour, one-day sellout of the Trump Tower Waikiki last November, I have been noticing an increase of luxury condominium interest...new or newly renovated ocean view condominiums with resort-like building amenities are very desirable.  Anyone else notice this same trend?
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By Randy L. Prothero, Missouri REALTOR, (808) 384-5645
(eXp Realty)
According to news reports a Makaha woman has filed a lawsuit against Duane Dog Chapman and his entourage.  She has claimed that while Dog and his entourage were apprehending her boyfriend she had two bones in her back broken.  This all happened during the filming of an episode for the reality TV show Dog the Bounty Hunter.  This happened in Pearl City, Hawaii on January 26, 2005.When asked why shy waited 2 years to file the lawsuit, 39 year old Audrey Emery said she was unsure whether or not she wanted to endure the scrutiny such an action would bring. Now she says all she wants is justice.Named in the lawsuit are A&E Network, Dog Duane Chapman, his wife Beth, his brother Tim, his two son's Leland and Duane Lee and Dog's company DaKine Bail Bonds.Attorney Richard Turbin filed the lawsui...
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By Randy L. Prothero, Missouri REALTOR, (808) 384-5645
(eXp Realty)
Tadd Fujikawa a 5'1", 135 lb., 16 year old sophomore from Moanalua High School in Hawaii, wins the 29th annual Hawai'i Pearl Open by one shot over Greg Meyer. Tadd recently became the youngest player in 50 years to make the cut at a PGA Tour event at the Sony Open (Formerly known as the Hawaiian Open).  Tadd was followed all day Sunday during the final round by a crowd of over 100 fans. The crowd was smaller than those that followed him at the Sony Open.For the second time in recent days amateur Tadd Fujikawa would have cashed large money if it were not for his amateur status.  Tadd would have won $80,000.2nd place finisher Greg Meyer got a $12,000 consolation prize and a trip to Japan as the low pro. Tadd finished the final round with a score of 68 (4-under).  His tournament score was ...
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By Randy L. Prothero, Missouri REALTOR, (808) 384-5645
(eXp Realty)
 Kamehameha earlier this year took second place at the State Championships behind Mililani High School (My son plays football at Mililani) .  That did not deter them.  They went on the Orlando Florida at Walt Disney World and won the National High School Cheerleading Championship yesterday. The Kamehameha Warriors won the small varsity division with a score of 713 points. The small division is for squads of 12 members or fewer.  This year 56 schools competed in the division.  Kamehameha won by 19.5 points over 2nd place finisher Hazel Green High School. Hamilton High placed third with 683 points, and Madison Central High fourth with 662.5. The Kamehameha Warriors also won the national title in 2003 and 2004.Congratulations to Kamehameha; this is the 2nd National competition the school w...
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By Randy L. Prothero, Missouri REALTOR, (808) 384-5645
(eXp Realty)
The Honolulu real estate market showed a slowing of units sold in 2006, but average prices continued to show an increase over 2005.  Median prices increased slightly more than averages prices.Here are number of single family homes sold in Honolulu:Today                                     1592 homes active for saleToday                                      498 homes in escrowJanuary 2007                           259 homes sold7/1/06 through 12/31/06:         1994 homes sold Previous periods:1/1/06 through 6/30/06            1986 homes sold7/1/05 through 12/31/05          2380 homes sold1/1/05 through 6/30/05            2322 homes sold7/1/04 through 12/31/04          2592 homes soldAverage Sales Price for 2006:  $778,393 up 4.6% over 2005-------------------------------------------------...
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By Kengo Ueno, (R)
(Prudential Locations LLC)
I just got back from the Trump Tower Waikiki selection on it's first day of a two day unit selection and they are practically sold out.  When I left the Halekulani Hotel at around 6:45pm this evening, there were about six units left for sale and those were in the $2.5 million range.  Unit selection started at 11:00am this morning and my client's selection time was at 6:30pm.  By the time I got there, at around 5:15pm, almost everything was gone.  We couldn't beleive it.  Sold out in less than 10 hours.  My clients didn't want the higher priced units so we just put ourselves in a back up position.  I didn't expect it to sell out so quickly and kind of felt bad for the people who had selection times tomorrow.  That's just the way the ball bounces I guess.Prices were between $445,000 and $...
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By sean Remos, Financial Wellness for You!
(USF Mortgage Services)
                                                          LOAN NETWORK HONOLULU                                                         The Fun Way to FinanceContinues our commitment toCREATIVE SOLUTIONSHere’s another opportunity to mingle with us!!! Please think of us for your mortgage transaction!! AN INVITATION                                                                  WINE & UNWIND Thursday, November 2, 6pm to 9pm.@ OSAKE – 1700 Kapiolani Boulevard, Honolulu, HawaiiChill out with selected wines in an intimate tea garden ambiance and Enjoy Special Relaxation with our Angels in our Heavenly Room.  Free Entry. Meet and greet the people from all sorts of businesses. Please RSVP!!  Contact us and let us know if you will be joining our INcrowd. See you there…                        ...
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