by The Hawaii Team | Mar 24, 2022 | Buying, Hawaii Real Estate, Resorts
Story # 1: A two-bedroom condominium goes on the market in the Mauna Lani Resort. Listing agent tells everyone they have two hours to do a virtual tour of the property before the renters check in for the next three weeks. Property comes on the market at $1.95 million...
by Dan Polimino | Feb 27, 2022 | Buying, Hawaii Real Estate, Resorts, Selling
There’s been an awful lot of discussion lately about the real estate market across the country, but more specifically here in Hawai`i. There does not seem to be a slowdown in price appreciation, buyer interest, or the people flooding into Hawai`i. At the end of last...
by Dan Polimino | Oct 20, 2021 | Buying, Hawaii Real Estate, Investing, Luxury Market, Selling
In a recent luxury real estate seminar presented by Title Guaranty some very eye-opening market trends appeared. With the onset and progression of COVID, buyers are leaving congested areas for paradise and they are coming here with cash, to the tune of plus 256%...
by Dan Polimino | Oct 20, 2021 | Blog, Buying
Let me take you back to October 2020. Hawai`’’s Governor Ige opens the state for travel again for the first time in seven months. Over those previous seven months, Americans had been closed up, cooped up, locked down, and restricted like never before in our...
by Dan Polimino | Sep 18, 2021 | Buying, Hawaii Real Estate, Luxury Market, Selling
In August there were 20 condominiums and single-family homes sold, with the lowest sale being $2,150,000.00 and the highest being $12,000,000.00. The Average sold price compared to the original price was 100.5% with an average of $1,689.00 per square foot. I think...
by Dan Polimino | Jul 31, 2021 | Buying, Hawaii Real Estate, Luxury Market, Neighborhood News, Selling
Back in April and May, I did a two-part series entitled “The Winds Are Changing.” In that series, I forecasted the changes that were around the corner in the real estate market. If you’d like to re-read either of those stories, you can find them here: The Winds...
