Entries tagged 'real estate'

Hawaii Real Estate -- More Evidence of Slowdown, Kauai Flavor

Sales of single family homes on Kauai for June 2008 are well down from comp numbers in 2007. Sales prices managed to skitter upwards. I'd say that won't last long. Bargain hunters, book your Hawaii tickets. We're heading for a...

Hawaii Real Estate Crash: It's Official!

Home prices on the island of Oahu fell on average by 8.8% last month, the steepest decline in recent memory. The fall compared prices of sales of existing single family homes on Oahu for June 2008 with the same period...

Hawaii Real Estate: Oahu Flood Report, Global Warming

Thinking of buying a second home on Oahu or moving to the island? Might want to check this site first, courtesy of scientists at University of Hawaii. Beachfront is getting a whole lot cheaper -- if you're time horizon...

Credit Crunch? Not in Waikiki: Condomania Resumes

As the rest of the country remains seized in a credit death grip, the Waikiki upscale condo market appears to be chugging along nicely. Here's news that the latest Waikiki luxe high-rise, the Allure, just got a cool $170 million...

High Tension In Kapalua, Maui: No Aloha in No Ka Oi Land

The idyllic Northwest corner of Maui is home to the super-rich resort Mecca of Kapalua. There are several beautiful beaches, some of the country's best golf courses, a Ritz-Carlton, and a new super-upscale timeshare on the way. Plus the local...

Hawaii Real Estate: Crazy Japanese Billionaire Pushes Forward with Kahala Housing Project Plan: David Geffen Gets the Hoi Polloi

Crazy Japanese billionaire Gensiro Kawamoto is pushing ahead with his plans to turn one of Hawaii's super luxe nabes (home to Hollywood supermogul David Geffen, among others) into his own personal housing project for people of Native Hawaiian descent. So...

Hawaii Real Estate: Vacation Condos Going Up, Up, Up!

Well, that was a pretty short breather. After several months of stagnant or slightly falling prices, in April Oahu real estate resumed a somewhat torrid pace with prices for condos and single family homes rising 10% and 8%, respectively, as...

NYT Sez Don't Buy in Kahala: The Crazy Japanese Billionaire Next Door Effect

That whistling sound on Kahala Avenue? Local real estate prices dropping even faster as the NYT, the style guide for the liberal monied set, picks up on the wacky doings in Kahala of Gensiro Kawamoto. The eccentric Japanese slumlord who...

NYT Sez Buy Puna: The Next Hawaii Landrush

The New York Times runs a feature piece in its Escapes section highlighting a nascent landrush in Puna, where Mainlanders seeking affordable real estate and alternative lifestyle folks seeking a live-and-let-live ethos are clamoring to snarf up lots in the...

A Piece of Paradise More Affordable?

So it looks like the long, crazy real estate run is over in Hawaii. The median price of homes sold on Oahu fell nearly 5% in November as compared to the same month in 2005. This is the first time...