by The Hawaii Team | Mar 26, 2024 | Blog, Resorts
Quick Answer: The Kona-Kohala Coast luxury real estate market remains a strong seller’s market, driven by limited inventory, robust demand from out-of-state buyers, and the unique appeal of Hawaii. Sellers are likely to achieve favorable prices and quick sales,...
by The Hawaii Team | Feb 27, 2024 | Blog, Resorts
Quick Answer: As a foreign buyer considering a second home or vacation rental on the Kona-Kohala Coast, you will find that the United States has no ownership restrictions. However, you must obtain a U.S. Tax Identification Number (TIN) for IRS compliance, including...
by The Hawaii Team | Jan 29, 2024 | Blog, Resorts
Quick Answer: While Hawaii experiences some net outbound migration due to high living costs, the luxury real estate market on the Kona-Kohala Coast remains strong. Demand is driven by high-net-worth individuals, including remote workers and retirees, who prioritize...
by The Hawaii Team | Dec 19, 2023 | Blog, Resorts
Quick Answer: The two most critical lessons that consistently apply to successful luxury real estate transactions on the Kona-Kohala Coast are strategic timing and strong, trust-based local relationships. These principles help buyers and sellers navigate the unique...
by The Hawaii Team | Oct 25, 2023 | Blog, Resorts
Quick Answer: When selecting a luxury real estate agent for your Kona-Kohala Coast property, prioritize those who demonstrate deep local market expertise, a proven strategic marketing plan beyond standard MLS exposure, and a client-centered approach that ensures...
by The Hawaii Team | Sep 26, 2023 | Blog, Resorts
Quick Answer: While current interest rates may seem daunting, focusing solely on them can lead to missed opportunities in the competitive Kona-Kohala Coast luxury market. By strategically adjusting your down payment or considering a short-term refinance plan, you can...