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...
by The Hawaii Team | Apr 28, 2022 | Blog, Resorts
Quick Answer: Yes, based on market performance in late 2021 and early 2022, a luxury condo at Mauna Lani Resort on the Kona-Kohala Coast saw a remarkable 20% value increase ($600,000) in just over three months, driven by high demand, a desirable location, and premium...
by The Hawaii Team | Mar 24, 2022 | Buying, Hawaii Real Estate, Resorts
Quick Answer: Successfully acquiring a luxury property on the Kona-Kohala Coast requires a local, experienced agent, swift action with strong offers, and flexibility. In this competitive market, premium properties can go under contract in as little as 7–10 days. Key...
