Is Buying a Luxury Home on the Big Island a Good Investment Right Now?
Quick Answer: Yes, the luxury real estate market on the Big Island, particularly along the Kona-Kohala Coast, remains exceptionally strong. Unlike many mainland markets, we are still seeing multiple offers on correctly priced properties, and inventory remains...
Kona Coast Luxury Real Estate Market Data Update
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...Is Now a Good Time to Buy a Second Home in Mauna Kea, Given the Mainland Market Shift?
Quick Answer: The mainland real estate market is experiencing a significant slowdown, characterized by fewer showings, price reductions, and longer days on market. Historically, Hawaii’s luxury market lags mainland trends by several months. While a moderation in price...What Questions Should I Ask a Luxury Home Builder on the Kona-Kohala Coast?
Quick Answer: When building a luxury home on the Kona-Kohala Coast, prioritize understanding the builder’s base price and exactly what it includes, carefully review upgrade costs and warranty terms, and thoroughly evaluate the builder’s local reputation. These steps...Will New Foreclosure Rules Impact My Ability to Sell a Luxury Home on the Kohala Coast?
On January 17 of this year, the Consumer Protection Bureau (CPB) released the new rules that apply to mortgage servicers in an effort to protect homeowners from foreclosures.