The Hawaii Team Real Estate Blog
September/October Featured Activity & Restaurant
Featured Restaurant - Kona Pasta Company 75-5864 Walua Road, Kailua-Kona, HI The news is spreading about a new Italian restaurant in Kona. Kona Pasta Company, located across the street from the Royal Kona Resort, offers an eclectic menu of Italian classics, including...
August Market Statistics Summary
For the first month in over a year single family home sales in the resort communities that we follow were almost equal to condominium sales with six single family home sales and seven condo sales. Condo sales are considerably lower than previous months as the market...
R-E-L-A-X
It was the 2014–2015 NFL football season and the Green Bay Packers, who were favored to win the Super Bowl that year, started the season 1-2. Packer fans were in an uproar. Then quarterback Aaron Rodgers did an interview with the press telling Packer nation they...
July Market Statistics Summaries
Sales along the Kona/Kohala Coast are following the same trend as previous months with more price reductions than increases and, with a few exceptions, most sales are closing below asking price. Inventory is still at a premium with very few new listings becoming...
August Featured Activity & Restaurant
Featured Activity - Volcano and Kohala Landing Helicopter Tour on the Big Island from Kona A helicopter tour of Hawai`i Island is always a special way to see its diversity and beauty. But for an extra-special flight, consider the tour which will not only take you...
Call Me When the Market Tanks
“Call me when the market tanks.” That was the email I got from a recent buyer of ours. He was expressing in words what many people have been wondering anyway. I could’ve just replied and said, the market isn’t going to tank anytime soon. But I thought I would take an...
Luxury Market Report Nationwide
The Institute for Luxury Home Marketing recently released an in-depth report of luxury home sales nationwide for the first half of 2022. In reading their analysis, it mirrors what we've been noticing here in Hawaii. In our recent blog posts and videos, we are seeing a...
So, How’s The Market in The Islands?
I answer this question more than any other and multiple times a day. The majority of my buyers and sellers live on the mainland and they see what’s happening, or what’s not happening, in their cities and towns regarding real estate. So, the natural question for them...
Market Stats for the First Six Months of 2022
We have completed our analysis of the market for the first six months of 2022 and while we are still seeing a very active real estate market along the Kohala Coast, we are noticing a cool down. Below are the sales summaries of the resort areas along with two...
July Featured Activity & Restaurant
Featured Activity - Dolphin Quest The Island of Hawai`i is known for its beautiful coastal waters where a myriad of marine life lives. But, if you’ve wanted to learn more about, observe or get in the water for a close encounter with dolphins, Dolphin Quest Hawai`i is...
May Market Statistics Summaries
May showed fewer sales overall but the trend toward the purchase of condos available for vacation rental continues to show prominence with Mauna Lani and Waikoloa Beach Resort each with six condominium sales. Single family home sales were slightly higher in May, with...
Interest Rates Are Up, Now What?
We’ve all been watching the news and reading the reports of interest rates now reaching 6% in some cases for home loans. The Federal Reserve, in their attempt to tamp down inflation, continues to raise the short-term interest rate to engineer what they call a soft...