by The Hawaii Team | Oct 27, 2022 | Blog, Resorts
Quick Answer: Election years on the Kona-Kohala Coast often bring a temporary slowdown in luxury real estate transactions due to heightened consumer uncertainty, particularly in the second and third quarters. However, this is typically followed by a predictable...
by The Hawaii Team | Sep 26, 2022 | Blog, Resorts
Quick Answer: The Kona-Kohala Coast luxury real estate market is currently experiencing a healthy correction, not a crash. While interest rates are higher than recent lows, they remain historically reasonable. Buyers should focus on long-term value and be patient,...
by The Hawaii Team | Aug 25, 2022 | Blog, Resorts
Quick Answer: Based on nearly two decades of experience on the Kona-Kohala Coast, the Hawaii luxury real estate market is not poised for a crash, defined as a 20% or greater drop in value. While a healthy cooling is occurring, fundamental factors such as limited...
by The Hawaii Team | Jul 27, 2022 | Blog, Resorts
Quick Answer: The Big Island luxury real estate market remains robust, demonstrating greater stability and resilience than many mainland markets. Driven by finite supply and sustained high demand, premium properties on the Kona-Kohala Coast continue to hold and often...
by The Hawaii Team | Jun 26, 2022 | Blog, Resorts
Quick Answer: While rising interest rates, now often above 6% for a 30-year fixed mortgage, have increased monthly payments significantly and reduced purchasing power for buyers, the luxury market on the Kona-Kohala Coast continues to show resilience. Sellers may see...
by The Hawaii Team | May 25, 2022 | Blog, Resorts
Quick Answer: The luxury real estate market on the Kona-Kohala Coast has transitioned from an accelerated seller’s market to a more balanced state. While prices remain strong, the days of bidding wars and rapid appreciation have subsided. Buyers now have more...
