by Dan Polimino | 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 Dan Polimino | 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 Dan Polimino | 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 Dan Polimino | 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 Dan Polimino | 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 Dan Polimino | 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...
