Isles' hotel room rates are highest in the U.S.
Some observers fear the costs might cut visitors’ spending or cause them to book elsewhere
Start spreading the news: Hawaii has the nation’s highest hotel room rates after jockeying with N... Read More
Heat on for sales of Oahu condos, houses
Although residential listings were scant, April brought an upswing in Hawaii’s biggest market
The relatively low number of Oahu houses listed for sale didn’t stop a boom in April.
Buyers p... Read More
Condo project touches a nerve
Modified spacing for the planned Kakaako tower has neighbors fearing the squeeze
A planned Kakaako condominium tower dubbed 803 Waimanu reserved for middle-income buyers will be a relatively tight f... Read More
March pending home sales hit highest level in nearly 3 years
WASHINGTON — New contracts signed for home sales rose 1.5% last month to the highest level in nearly three years, though limited supply is causing the market to level off, the National Assn. of ... Read More
Maximum daily fine rises to $5,000 for messy yards
Property owners who persistently leave trash or excessive overgrowth on their land, beware!
Ignoring repeated city warnings and fines will now cost scofflaws as much as $5,000 a day, under an ordinanc... Read More
Median home price is up a tad on Oahu
It was just 2.4 percent, but last month Oahu’s housing market finally showed a bit of the median price growth projected by local economists this year for single-family homes.
The Honolulu Board ... Read More
Development plan for old CompUSA site in Kakaako unveiled
Honolulu developer Alexander & Baldwin Inc. unveiled plans today for redeveloping the former CompUSA store site in Kakaako, and the more than $200 million project will include 466 condominiums,... Read More
More condos opt to snuff out smoking
The bans also invite controversy as critics allege they infringe on people’s civil liberties
SMOKE-FREE condominiums are a small but growing trend in Hawaii, with a handful of condo owner associatio... Read More
Moderate-priced units proposed for Kakaako
Honolulu is accustomed to housing booms — especially for luxury condominiums in the urban core. But a workforce housing boom may now be forming.
A developer has proposed a 217-unit workforce, or mod... Read More
Planned condo project must be revised
A developer’s proposed Waikiki venture needs major changes before it can receive full approval
The city Department of Planning and Permitting on Tuesday gave conditional approval to a controvers... Read More
Condo market on Oahu enjoyed robust February
The median price hits a monthly record on increased sales, while single-family homes slump slightly in both categories
Oahu’s condominium market last month was hot, but the single-family home ma... Read More
Honolulu projects key in Howard Hughes Corp. shareholder letter
Ward Village is a key part of the “value creation potential” for Howard Hughes Corp., which owns, manages and develops commercial, residential, and mixed-use real estate properties around the U.S.... Read More
Developer seeks to rezone YMCA property
A taller, slimmer condo tower would offer “more elegance” if the change is approved at the Atkinson Drive site, the developer says
A developer proposing to replace YMCA of Honolulu facil... Read More
High-rise plans speed up after initial success
Alexander & Baldwin Inc. has accelerated plans to build a second condominium tower in Kakaako after strong results from its Waihonua at Kewalo high-rise project now under construction.
The ... Read More
Public land sought for artists’ lofts
Living in Honolulu, where housing costs are often higher than in any other U.S. city, is hard. Living here is even harder for “starving artists.”
But two nonprofits aim to make it easier for artis... Read More
Home sales on Oahu surge 30%
The median price for previously owned single-family properties is driven down by the increased volume
Oahu’s housing market received a sales jolt in January as low interest rates, attractive pri... Read More
Hawaii real estate executives predict strong housing market in 2013
Many of Hawaii’s residential real estate leaders expect the market to be stronger this year, though limited inventory is a primary concern.
That concern was among many topics discussed in PBN’s ne... Read More
Hawaii isle housing market slightly more robust in January
Both sales and prices increased from a year ago, while Kauai saw purchases decline
The number of home sales in January rose on Hawaii island and fell on Kauai, while median sale prices rose in both ma... Read More
A good time to invest in Waikiki
Hawaii’s tourism is rebounding strongly from the national recession and it is encouraging that after lengthy caution, vigorous investment to improve the industry’s core of Waikiki is movin... Read More
Condo prices jump, but not so for homes
Oahu’s housing market ended 2012 with a bang and a dud in December.
The bang was a 17.5 percent increase in the condominium median sale price to $335,000 last month from $285,000 a year earlier.... Read More
Prudential Locations Oahu Real Estate 2012 Year End Report
REPORT FROM PRUDENTIAL LOCATIONS - Prudential Locations, Hawaii’s largest locally owned real estate firm, is pleased to announce the release of its 2012 Oahu Real Estate Market Report showing p... Read More
Hawaii Monitor: Construction Defects and the Coming Condo Boom
The new year appears likely to usher in a building boom in Honolulu as Kakaako’s two major landowners move ahead with plans to develop a forest of new high-rise condominiums in the area between Ala ... Read More
Ritz-Carlton puts brand on property in Waikiki
Ritz-Carlton has hooked up with a developer to manage a planned Waikiki condominium-hotel tower that will give the luxury hotel operator its first presence on Oahu.
Los Angeles-based developer Pacrep ... Read More
Hawaii bounces back with development
Hawaii, buffeted in the aftermath of the U.S. recession and Japan’s tsunami, is benefiting from a travel rebound that has that’s sent tourism revenue to a record and spurred real estate in... Read More
Loss could imperil real estate, economy
Bradley Willcox, an internist at the Queen’s Medical Center, was looking for a larger house to accommodate his expanding family when he bought a $1.1 million home in lower Maunalani Heights abou... Read More
Oahu property values up $200M
Property values on Oahu rose 2.3 percent over the past year, the city said today.
The increase means the City Council and incoming administration of Mayor-elect Kirk Caldwell should have more tax reve... Read More
Housing on Oahu continues hot streak
Sale volume and prices in 2012 could hit their highest levels in years
Healthy gains in the volume of sales and median price for Oahu homes in November have put the island’s housing market on tr... Read More
Soaring rents drive a boom in apartments
Houston is better known for urban sprawl than dense apartment living. But as part of a national rush to capitalize on rising rents, developers there are building thousands of apartments like those sou... Read More
CoreLogic: Hawaii sees second-highest home-price appreciation in U.S.
Hawaii had the second-highest home appreciation in the nation in October, according to the real estate research firm CoreLogic, which said that home prices nationwide rose 6.3 percent compared to Octo... Read More
Construction on the Rise: Real Estate Market Finally Poised for a Comeback?
With the economy still in recovery mode, buyers and builders are more cautious than ever when it comes to purchasing and constructing new homes and businesses. But there seems to be a positive outlook... Read More
Existing Home Sales : Jumbo Housing Market Booms Into 2013
The luxury housing market continues to expand.
Fueled by move-up buyers and cheap jumbo mortgages, the market for homes over $500,000 is growing rapidly. Furthermore, a subset of that market — h... Read More
Opportunities for growth
With Oahu’s population expected to reach 1.12 million in 20 years, planners analyze the growth hubs
For an Oahu agency charged with predicting population growth around the island — how much and wh... Read More
Tight home inventory dampens Oahu market
Oahu’s housing market has been constrained this year by low inventory as relatively few homeowners put their property up for sale even as the market gains strength. And something similar can be said... Read More
Low interest rates lift home sales on Oahu
Fewer available units also contribute to the rise with condo sales surprising experts
Home sales on Oahu spiked last month as low interest rates helped motivate more buyers despite relatively little i... Read More
Measure of U.S. home prices rises most in 6 years
WASHINGTON » A measure of U.S. home prices jumped 5 percent in September compared with a year ago, the largest year-over-year increase since July 2006. The gain reported by CoreLogic offered more evi... Read More
New luxury condo tower will include $9 million penthouses
A 23-story ultra-luxury condominium tower to be built atop a parking garage adjacent to Nordstrom’s Ala Moana Center store will have penthouse units priced at more than $9 million.
The project, call... Read More
Housing inventory is low; what do you do?
The inventory in Hawaii’s housing market is at an all-time low. Aside from the dogs and overpriced listings, many properties that are put up for sale are sold in no time, often after multiple offers... Read More
Isles' economic recovery seen as slow but steady
It could take two years to regain jobs lost in the recession, a top economist says
The strength in Hawaii’s visitor industry is spreading to other sectors of the economy, but it could take anoth... Read More
11.1% of island families double up
The rate is the highest in the nation, far above the average of 5.6 percent
Ron Lockwood shares his two-bedroom condo in Moiliili with four family members from three generations.
Suffice it to say qui... Read More
Developers reveal rival proposals for residential project in Kakaako
A state agency has decided to give the public an early look at tentative proposals from two developers competing to build a 650-foot residential tower in Kakaako that would soar above Honolulu’... Read More
Tower of Contention
The orientation of a proposed Waikiki condo will block ocean views, some nearby residents say
The Waikiki Neighborhood Board and residents of a Kuhio Avenue condominium are contesting a developer’s ... Read More
Electricity rates tick up for households on Oahu
Residential electricity rates edged higher on Oahu in October, reversing three consecutive months of declining bills.
HECO officials said a typical 600-kilowatt-hour bill for Oahu residential customer... Read More
Iwi at building site not first for tower
A condominium project in Kakaako encounters sets of remains but has dealt with burials before
Mounting discoveries of historic Native Hawaiian burials have created challenges for Kawaiaha‘o Church a... Read More
Oahu median single-family home price up 11.8%
Decreasing inventory has increased the cost of used houses this year, as have more purchases
Median home sale prices on Oahu maintained a sturdy upward pace in September, holding to a trend this year ... Read More
22 towers dot plan for Ward Centers
Howard Hughes Corp. envisions redeveloping nearly the whole Ward Centers area with 22 residential towers and twice as much retail, restaurants and entertainment venues.
Three residential high-rises co... Read More
Kawamoto steps up work at Kahala site
The investor’s plan to build a tea garden has been met with curiosity and anger
Green thumb or not, Japanese billionaire Genshiro Kawamoto has been busy recently working to transform another one of ... Read More
Existing home sales hit 2-year high
WASHINGTON » A jump in sales of previously occupied homes and further gains in home construction suggest the U.S. housing recovery is gaining momentum.
Sales of previously occupied homes rose 7.8 per... Read More
Sales volume reaches 2-year high for homes, condos on Oahu
The summer season for selling homes has gotten hot in Honolulu.
The volume of sales in August for previously owned Oahu homes rose to levels not seen in roughly two years, according to data released... Read More
Buying home brings savings
Current conditions favor ownership over rising rental rates, a new report finds
CHICAGO » It’s much cheaper to buy a home than rent one in 100 of the largest U.S. metropolitan areas — even in... Read More
Pending home sales rise in July
Pending home sales in July rose to their highest level in more than two years — the latest sign that the nation’s housing market is healing.
The National Assn. of Realtors said Tuesday that it... Read More
Sale pending for News Building
An experienced local development team plans midpriced condos on the site
A local affordable-housing developer has arranged to buy the former Honolulu Advertiser property in Kakaako, and envisions putt... Read More
Craigslist scam tries to steal data and cash
A man selling his home sees it in an ad for housing rentals on an Internet site
Honolulu police are warning renters to be wary of scam artists who attempt to gain sensitive personal information or eve... Read More
Fannie Mae, Freddie Mac gains show housing market may be turning corner
Mortgage firms Fannie Mae and Freddie Mac are seeing a marked improvement in home values, which is boosting their own bottom lines.
The news out of the two firms, which back the majority of U.S. mortg... Read More
Limited inventory pushes Oahu home prices higher
Low interest rates also help sales rise despite the decrease in available properties
In 2010 the home at 91-1012 Hoomaalili St. in Ewa Beach was a “fantastic opportunity” listed for sale a... Read More
$800,000 homes around the corner
An economic forecast says buyers will pay about that much for single-family houses on Oahu by 2015
When local economist Paul Brewbaker predicted in 2003 that the median single-family home price on Oah... Read More
Home Prices In U.S. Fell Less Than Forecast In Year To May
Residential real estate prices declined less than forecast in the year ended May, another sign that the housing market is on the mend.
The S&P/Case-Shiller index of property values in 20 cities d... Read More
Buyers sought for retirement complex
A former geriatric nurse aims to develop a $110 million high-rise for seniors in Honolulu but is seeking an initial group of buyers to help pay for the land.
Paradise Retirement Hawaii LLC, led by... Read More
High-rise hotel aimed at Waikiki
The proposed 459-unit, 350-foot tower would be the first new project in the top tourist zone in three years.
Waikiki may soon see its first new high-rise hotel in more than three years.
A California... Read More
Home Values Post First Year-Over-Year Increase Since 2007
Home values posted their first year- over-year increase since 2007 in the second quarter as the U.S. property market began to lift off a bottom, Zillow Inc. (Z) said.
The Zillow Home Value Index rose ... Read More
Mortgage rates drop again, Freddie Mac says; 30-year at 3.53%
The average rate on a 30-year fixed mortgage hit another new low this week, dropping to 3.53% from 3.56% last week, according to Freddie Mac’s survey of what lenders are offering to well-qualifi... Read More
Hotel owner, schools agree to extend Waikiki land lease
Kyo-ya Hotels and Resorts LLC has extended its lease with landowner Kamehameha Schools for the 10 acres under the Royal Hawaiian Hotel until December 2076.
Without the extension, the lease would have ... Read More
Hawaii Tops the Charts as the Most Expensive Place to Build an Ultra High End Beach House
As the luxury real estate market continues to recover at an accelerating pace, Chris Pollack, Ltd., a high-end real estate development advisory and owner’s representative firm, has released its ... Read More
Visitor arrivals, spending set record for May
Tamara Downey of Oceanside, Calif., had been dreaming about returning to Hawaii ever since taking a Princess cruise around the islands with husband John three years ago.
She was back in the islands th... Read More
Housing market sending signals it is recovering
WASHINGTON >> Announcements of a housing recovery have become a wrongheaded rite of summer, but after several years of false hopes, evidence is accumulating that the optimists may finally be right.
Th... Read More
Pending Sales Of U.S. Homes Climbed More Than Forecast
More Americans than forecast signed contracts to purchase previously owned homes in May, indicating the real estate industry is firming three years after the start of the economic recovery.
The index ... Read More
Home prices rise in nearly all major U.S. cities
WASHINGTON » Home prices rose in nearly all major U.S. cities in April from March, further evidence that the housing market is slowly improving even while the job market slumps.
The Standard & P... Read More
Buyer pursues Lanai
Officials with Castle & Cooke tell the governor and Maui’s mayor that the firm is in talks to sell the isle
Courtesy of Honolulu Star Advertiser, Article by Andrew Gomes
POSTED: 01:30 a.m. ... Read More
Landowner looks at redeveloping old Varsity site
Courtesy of The Star Advertiser, Written By Andrew Gomes
POSTED: 01:30 a.m. HST, Jun 19, 2012
A movie theater is envisioned to return to the site of the former Varsity Theater in Moiliili as part of ... Read More
Restore Your Roof While Giving Your Home a Comfortable Climate
Courtesy of Hawaii Renovation on June 16th, 2012 by Cool Roof Store
The cool-roof movement in Hawaii has spread like a brush fire in August. Everywhere you look you see elegant white roofs cooling dow... Read More
Hawaii's New Foreign Real Estate Buyers
Wealthy Koreans and Chinese from three locations join Japanese and Canadian buyers in the local market
Honolulu is one of the top 10 real estate markets in the country for international buyers.
Maybe ... Read More
Kauai, Hawaii island real estate sales take opposite paths
Residential real estate markets on Hawaii island and Kauai moved in different directions in May, with sales mostly lower and median prices mostly higher.
A report released Tuesday by Hawaii Informatio... Read More
Bankruptcies in isles decline by 34 percent
The number of Hawaii bankruptcy filings fell 34 percent in May, the sharpest decline in more than five years.
The 219 cases filed in May was down from 334 cases filed the same month a year earlier, ac... Read More
Developers want condo conversion at Pagoda
Part of the Pagoda Hotel in Pawaa could become a residential condominium under a plan by Kamehameha Schools and developer Peter Savio to satisfy an affordable-housing requirement tied to building new ... Read More
Sales of Existing Homes Pick Up Pace, Rising 3.4% in April
WASHINGTON (Reuters) — Sales of existing homes rose in April at their fastest pace in nearly two years and a falloff in foreclosures helped cause an unexpected jump in prices, providing hopeful sign... Read More
Eggplant Optional
The Schuler division of homebuilder D.R. Horton offers vegetable gardens as options on new houses
Blueberry, orange and lavender are among some new options available on homes being built in the last s... Read More
1 in 20 isle homeowners late in paying mortgage
LOS ANGELES » Hawaii homeowners are getting further behind on their mortgage payments.
The percentage of the state’s homeowners who were 60 days or more delinquent on their payments rose to 4.9... Read More
Prices, optimism continue climb
It wasn’t much, but a 2.6 percent rise in April extended median price increases on sales of previously owned Oahu single-family homes to six straight months.
The rise — to $600,000 last month ... Read More
Condo sales lead the way
Sales and prices of homes on the neighbor islands last month moved largely out of step with Oahu’s housing market, with gains concentrated in the condominium market for Kauai, Maui and Hawaii is... Read More
A Flicker of Hope Appears in the Housing Market
THE boom in housing in the middle of the last decade created a huge oversupply of homes in the United States. But now that oversupply appears to be close to vanishing, at least in most parts of the co... Read More
Stunned Home Buyers Find the Bidding Wars Are Back
A new development is catching home buyers off guard as the spring sales season gets under way: Bidding wars are back.
From California to Florida, many buyers are increasingly competing for the same ho... Read More
Home in a home as families live together longer
LOS ANGELES (AP) — It’s a home within a home — and it could be coming soon to a home near you.
Builders across the country are revamping home designs to meet the needs of a growing number of... Read More
Housing Set for Spring Recovery as ‘Fear Factor’ Fades
Five years after the U.S. housing bust sent sales and prices plunging, the spring home-buying season is pointing to a long-awaited recovery.
Getty Images
‘For Sale’ sign is seen outside a ... Read More
Solar prices drop more, pressuring panel makers
Solar panels prices have kept marching lower this year, extending steep declines seen in 2011 and keeping pressure on hard-hit manufacturers who have struggled to eke out profits, industry experts sai... Read More
Reports point to recovering housing market
NEW YORK — Earnings reports from two major banks Friday painted a picture of a healing housing market, with more Americans taking out mortgages, paying them on time and taking advantage of low inter... Read More
YMCA of Honolulu sells Atkinson site, plans smaller facility
A San Francisco investor is acquiring the YMCA of Honolulu’s property on Atkinson Drive and plans to build a 120-unit residential condominium on the site, while the YMCA plans to demolish its 60-yea... Read More
State offering new buyers help with down payments
First-time homebuyers in Hawaii may be able to receive mortgage loans that will help cover part of a down payment, under a state-run program announced Monday.
The Hawaii Housing Finance and Developmen... Read More
Oahu home prices surge for fifth month in a row
Home prices on Oahu kept up a head of steam in March, with previously owned single-family homes surging 13.9 percent to $625,000 and extending a string of year-over-year gains through five consecutive... Read More
Resort home property prices fall slightly as buyers favor more affordable options
The price of a Hawaii vacation home was a little cheaper last year — but not by much.
The price of a Hawaii vacation home was a little cheaper last year — but not by much.
A market analysis show... Read More
Isles have plenty of room for more solar PV systems
Lenders initiated 473 cases in Hawaii, the lowest number of filings in four months
It’s interesting driving around Oahu neighborhoods these days. Two years ago you would see plenty of rooftops d... Read More
Bad plumbing?
Moana Pacific’s possible waterline problem has officials at odds and residents worried
Behind the reflective glass windows of the twin Moana Pacific condominium towers in Honolulu, either an immin... Read More
February foreclosures cut in half compared with a year ago
Lenders initiated 473 cases in Hawaii, the lowest number of filings in four months
Foreclosure filings in Hawaii fell by 50 percent in February from the same month a year earlier as a state law intend... Read More
Work to begin soon on Kailua project
Construction on the townhouses was halted by a downturn in the state economy
After a four-year delay largely to wait out economic and real estate market downturns, construction is moving ahead on an u... Read More
Non-Hawaii Owners of Vacation Rentals in Uproar
Owners of vacation rental properties in Hawaii are rallying support to defeat several bills they say would add thousands of dollars a year to the cost of renting out their places.
Internet sites inclu... Read More
The coming condo boom?
The promise of an improved economy is driving plans for six — maybe seven — new residential towers
Late last year there was one. Now there are two. Soon there may be three or more developers unvei... Read More
Rising sales point to better year for housing
WASHINGTON (AP) — The housing market is flashing signs of health ahead of the spring-buying season.
Sales of previously occupied homes are at their highest level since May 2010. More first-time buye... Read More
Home Depot 4th-quarter net income rises 32 percent as revenue improves
NEW YORK — Home Depot Inc. said Tuesday that its fiscal fourth-quarter net income rose 32 percent as homeowners spent more on renovation projects in part due to the mild weather in the U.S.
Coping w... Read More
Developers revive luxury condo plan
The project across Ward Avenue from Blaisdell Center will be called Symphony
A symphony orchestra is planning a return to Honolulu. Now so is an effort to build a luxury condominium tower named for ... Read More
Median home prices on Oahu jump 8.6 percent
The January increase is offset by a drop in sales, indicating a still-unstable market
Alexander & Baldwin Inc. has lined up another condominium high-rise project in Kakaako, on the site of a form... Read More
Condo tower project slated for Kakaako site
Alexander & Baldwin Inc. has lined up another condominium high-rise project in Kakaako, on the site of a former CompUSA store, following strong interest from buyers in a tower the local devel... Read More
Waikiki revival
Landowners, residents and businesses hope changes to zoning will spur development in deteriorating areas
A block mauka of Kalakaua Avenue, the urban resort paradise outlined in the tourism brochures b... Read More
Study ranks Honolulu as least-affordable U.S. housing market
A study of 325 metropolitan areas worldwide says Honolulu is the least-affordable housing market in the United States.
But housing in U.S. cities is still more affordable than most other places in the... Read More
Staged to sell
Adding the right accents to a home can help increase its appeal to buyers
When real estate agent Michelle Mossman first walked into a client’s Kaneohe home, she noticed a big sofa blocking what ... Read More
Condo defects exasperate residents
Many repairs at Ko’olani have not been made because of a tangled legal battle over liability
Miami-based real estate developer Crescent Heights points to the luxury Ko’olani condominium to... Read More
Oahu home sales, prices slipped in 2011
The only gain in the broad market came from a 1.3 percent rise in condos sold
Hawaii’s slow and uneven economic recovery appeared to rub off on Oahu’s housing market last year, as median p... Read More
Resort home sales expected to total $1.5B
With purchases at $1.1B in the first nine months of 2011, a new report anticipates a 7.8% rise
Buyers of residential real estate at Hawaii vacation resorts spent $1.1 billion during the first nine mon... Read More
Hawaii tops in amount for home mortgage
The state’s average is three times that of the national average
Hawaii leads the nation with an average home loan amount of $677,299 this year, more than triple the national average, online lend... Read More
City anticipates revenue increase
Property values on Oahu rose slightly over the past year, giving the City Council and the Carlisle administration the expectation for some added revenue to work with as they craft a budget for the nex... Read More
Honolulu housing costs eclipse most of nation
Wages fail to measure up to rents and home prices, leaving shelter at the edge of affordability, a study says
Honolulu is tied for being the least affordable city for renters nationwide, with only 8 p... Read More
Neighbor island home prices fall
Median prices were mostly lower on sales of neighbor island homes in October, while buyer demand was a little more positive, according to industry reports.
Price dips occurred on Maui, Kauai and Hawai... Read More
Oahu home sales uneven in October
Sales and prices for previously owned homes on Oahu were soft in October.
The Honolulu Board of Realtors released sales statistics today showing sales and median prices last month decreased for single... Read More
Psst, Seller: Your Stove Is Showing Its Age
FOR those who wince every time they look at the cracked Formica counters in the kitchen, the decision to sell the old apartment may be especially liberating.
They can begin to dream of making a fresh ... Read More
Hawaii rent, home costs among nation's highest
The survey also shows the state near No. 1 in carpoolers and people with health coverage
Hawaii dwells near the bottom among the states when it comes to homeownership and renting, according to ... Read More
Isle housing sales take positive turn
Oahu’s housing market shook off five months of sluggishness with double-digit sales increases in August, though weakness persisted for median prices.
A report released Wednesday by the Honolul... Read More
Oahu home prices fall 13.1 percent in August
HONOLULU - New figures by the Honolulu Board of Realtors show the median price of real estate on Oahu taking a plunge in the month of August compared to the same time last.
According to a report relea... Read More
Oahu home sales, prices take tumble
Weakness persisted in Oahu’s housing market last month, with fewer sales and lower prices, including a six-year low for the median condominium price.
The decline in the number of homes sold furt... Read More
Oahu home sales and prices lower in July
Purchases and prices of previously owned homes on Oahu slid in July, according to a report released today by the Honolulu Board of Realtors.
The decline for single-family home sales was 7 percent to 2... Read More
Oahu betters its U.S. foreclosure ranking
A state law cut the tally of homes being seized, so Honolulu lands at 137 out of 211 metro areast
Constraints on Hawaii home foreclosures imposed by a new state law helped make Honolulu look better in... Read More
Oahu home sales relapse
Drops in sales and prices spark concerns about a second dip in the housing market
Halfway into 2011, Oahu’s housing market is on pace to give back 2010 gains that previously were viewed as the s... Read More
Bankruptcies in isles continue decline
The most prominent filing was the second by the Hawaii Medical Center
Bankruptcy filings in Hawaii were down 25.6 percent in June, continuing a trend that has seen the filings drop six out of the last... Read More
Honolulu Ranks High For Parents
Top City To Live, Raise Family In
Honolulu hits the top ten when it comes to places to live and raise a family, according to Parenting magazine.
Three-year-old Tailee and her younger sister Taianee lo... Read More
Isle home sales and prices drop
But pending sales of homes and condos rise, the Board of Realtors reports
A report released Tuesday provided a mixed picture of Oahu’s housing market, revealing a drop in sales volumes and price... Read More
Isle foreclosures down in first quarter
The distressed sales represented 13.7% of all transactions
Sales of Hawaii homes that were in foreclosure slowed in the first three months of the year, but their impact on the state’s housing ma... Read More
Oahu home sales in April fall, median price rises
The median price for previously owned single-family homes sold on Oahu rose for the first time this year with a slight gain in April, though the number of sales was down sharply.
The median sale price... Read More
Number crunching: March real estate stats
The Honolulu Board of Realtors released its residential sales numbers for March, showing fewer overall sales compared to last year despite fairly stable prices. Then again, there are slightly fewer ho... Read More
Home prices nearing new lows
The Standard & Poor’s/Case-Shiller index shows January home prices in 20 major U.S. cities continued to weaken and approach the recession lows of 2009.
Home prices in January remained barel... Read More
Oahu single-family home prices take a slight drop
A small decline occurs as the condo market sees an increase in activity and prices
Two months into the new year, Oahu’s condominium market is off to a good start, but a slight weakness is... Read More
Unsteady gains for Oahu homes
Total number of sales increase while the median sale price dips for homes and condos
Oahu’s housing market produced gains in sales volume but not in median prices last month, suggesting t... Read More
Real Estate skid ends
Prices rise 3.1% after a two-year downturn in one of the nation’s hottest markets
Shallow and relatively short.
That was the extent of Oahu’s most recent housing market downturn, which wa... Read More
Billionaire's actions threaten city finances
The talk of East Honolulu is Genshiro Kawamoto’s plan to build a lavish museum on Kahala Avenue, but given the eccentric billionaire’s track record, I believe it is highly unlikely this en... Read More
Stable property values will mean smaller puka in city's pocketbook
Oahu properties have largely maintained their value through the past year, allowing city officials to breathe a sigh of relief that the revenue will keep flowing even as the city faces an anticipated ... Read More
Honolulu ranks high in economic survey
Honolulu has one of the 20 strongest economies in the nation, according to a new report from the Brookings Institution.
The report by the Washington, D.C.-based think tank showed the city scored well ... Read More
Sales of distressed homes fell in third quarter
Even as foreclosure activity in Hawaii reached a record high in the third quarter, the number of homes sold out of foreclosure declined.
Real estate research firm RealtyTrac said sales of Hawaii homes... Read More
Billionaire's blueprint
Genshiro Kawamoto will transform two Kahala properties he bought for $39.5 million into a showcase for his art
Four years ago after acquiring about 20 homes on ritzy Kahala Avenue, Japanese billionair... Read More
Home sales slump on Oahu
Prices fall flat a year after a federal homebuyer tax credit spurred demand
Median prices barely changed for previously owned homes sold last month on Oahu, but the number of sales fell hard after bei... Read More
Oahu home prices show gain
Five months of steady increases in value and in sales point to a likely recovery this year
Oahu housing prices appear pretty certain to rebound from a two-year slump this year.
September marked five s... Read More
More isle homeowners doing short sales to avoid foreclosure
The total number of foreclosure sales is still higher than a year ago, up by 81 percent
BY THE NUMBERS
States with the highest average price for home foreclosure sales in the second quarter:
Hawaii ... Read More
Analysts expect more drops in home prices
WASHINGTON » Don’t take the latest snapshot of U.S. home prices too seriously.
The Standard & Poor’s/Case-Shiller 20-city index, which doesn’t include Honolulu, ticked up in Ju... Read More
Oahu home sales starting to pick up
Prices are rising and there are fewer unsold houses
There are signs in Oahu’s housing market that the pendulum is beginning to swing back in favor of sellers.
Rising prices, a shrinking inventor... Read More
Camping out for a new condo in Kakaako
HONOLULU (HawaiiNewsNow) – Dozens of hopeful homebuyers have been waiting in line since Sunday to get first crack at new condos going up along Kapiolani boulevard.
The 124 units for sale fall un... Read More
U.S. Home Sales at Lowest Level in More Than a Decade
Housing sales in July plunged to their lowest level in more than a decade, exceeding even the grimmest forecasts.
The National Association of Realtors said Tuesday that the seasonally adjusted annual ... Read More
44-story condo faces fumigation
Residents of 352 units will move out while the building is treated
Residents of the Keola La’i condominium on Queen Street will spend a week away from home next month as the 2-year-old high-rise... Read More
Oahu home resales sluggish in July
The median price and number of sales for existing single-family homes on Oahu managed a slight rise last month, but the condominium market posted declines.
Single-family homes in July sold for a media... Read More
Home prices up slightly
The 0.9 percent gain on Oahu shows the market is recovering, real estate agents say
A recovery for Oahu home prices still looks hesitant six months into the year, as the median sale price for previous... Read More
A&B buys Kakaako tower site
The kamaaina company shells out $16 million for 1.7 acres on which it will build a high-rise
Alexander & Baldwin Inc. has bought undeveloped land in Kakaako approved long ago for a high-rise cond... Read More
One in 8 Hawaii home sales in foreclosure
More than 12 percent of all home sales in Hawaii during the first quarter of 2010 were foreclosure sales, according to a new report.
There were 424 sales of homes that were actively in some stage of f... Read More
Report: Oahu home prices up 5.1%
Oahu home prices are up 5.1 percent on average over the past year, according to a report released Thursday by a provider of real estate valuation and risk assessment for financial services companies.
... Read More
Hotels turn corner on profitability measure
Room revenue hits $122 in March, after 24 months of losses
Hotel occupancy climbed enough in March that the local lodging industry was able to turn the corner on a key measure of profitability for the... Read More
Housing market difficult to predict
While residential real estate sales are up, the median prices being paid are falling
Real estate markets are usually defined in terms of whether they are good for buyers or sellers. But what emerged l... Read More
April home sales rise as prices fall
After 3 months of gains, median home prices on Oahu down 6.2 percent
Some price momentum leaked out of O’ahu’s recovering housing market in April, as median prices slipped despite a contin... Read More
Oahu home sales continue fast pace
Oahu home sales jumped 22 percent year over year in February, continuing 2010’s brisk pace.
There were 157 single-family homes sold last month, compared to 129 homes sold in February 2009, according... Read More
Market conditions are favorable
Demand is up and supply is down on Oahu
At it’s lowest level in five years, the meager inventory of homes for sale on Oahu is creating opportunities for homeowners who want to sell their home.
&... Read More
Buyer's market may have reached peak
Last year was a dismal year for those trying to sell a home on O’ahu, with the largest price and sales declines in more than a decade, but there was a silver lining for some buyers: better affor... Read More
The Cost of the Home Buyer Tax Credit
In Detail: How to Claim the New Home Buyer Tax Credit on 2009 Tax Returns
In November of last year, President Obama and Congress expanded the home buyer tax credit to cover more people who have purcha... Read More
Washington Report: Congress Pressures FHA
Congressional pressure on FHA continued to mount last week, with the ranking Republican on the House Financial Services Committee demanding hearings on the stability of the housing agency.
Congressman... Read More
ABC Forecasts 2010 Construction Activity Will See Winners and Losers
The recession, thought to have begun in December 2007 and in many ways the deepest since World War II that impacted every state and every metropolitan area, is over noted the Associated Builders and C... Read More
Building Ordinance or Law Insurance
Insurance policies are written based on the concept of “indemnity” which means “protection or security against damage or loss.” Fire insurance policies are not designed to put ... Read More
