The Federal Reserve announced a 0.25% rate cut yesterday. Yet, we are not seeing much impact. Here is an update we just received from Todd Parsons, Origin Point Mortgage. ——————- I just wanted provide a quick update on Interest Rates. Yesterday, the Federal Reserve announced an additional 0.25% rate cut, which was the number expected […]
Hawaii County faces a persistent housing shortage, influenced by limited land, high construction costs, and zoning restrictions, making affordable homes harder to secure. The Big Island, like much of Hawaii, has felt the impact, with many residents navigating crowded living conditions or considering relocation. As the gap between housing supply and demand grows, this new […]
Kona Market Update – November 2024 The Kona market in November 2024 shows contrasting dynamics between single-family homes and condominiums. Single-family homes are experiencing a balanced inventory increase yet maintain a 3-month supply, keeping it within seller’s market conditions. Condos, however, face an oversupply with an 8.1-month supply, indicating a clear buyer’s market, potentially driven […]
October in Kailua-Kona is unmistakably Ironman season. Our hometown transforms as over 2,000 athletes from around the world arrive to challenge themselves in one of the most intense endurance races on Earth. Watching these athletes pour everything into their swim, bike, and run against Kona’s dramatic backdrop is nothing short of awe-inspiring. The Course: Kona’s […]
Aloha! The Ironman World Championship kicks off tomorrow! Having lived in Kona for 24 years, I never get tired of this event—it’s incredible every single time. Sure, traffic jams come with it, but the energy and excitement are worth it, don’t you think? It’s “WORLD CHAMPIONSHIP” My second daughter will be volunteering for the first […]
October 2024 Newsletter Linkhttps://www.compass.com/notifications/emails/767a45ba-cb75-4b8f-9242-5912af2f6931.html
As we approach the 2024 presidential election, it’s natural for uncertainty to affect market behaviors, especially in real estate. Historical patterns show that elections can cause buyers and sellers to hesitate, but the real estate market often recovers once leadership and policy directions are clarified. Market Hesitancy During Election Years Many buyers and sellers take […]
Aloha and welcome to your new tropical sanctuary listed by KE Team! Nestled in the prestigious Ke Alohi Kai, an exclusive oceanfront gated community in Kailua Kona, this custom-built 4-bedroom, 7-bathroom home is the epitome of luxury island living. Whether you’re looking for a permanent residence, a vacation getaway, or a lucrative investment, this home […]
This summer, we’ve seen noticeable shifts in both national and local market trends. Nationally, active listings have surged by 23% since August 2023, reaching the highest levels since fall 2020. Additionally, price reductions on active listings have risen by 37% year-over-year, signaling heightened competition among sellers. In Hawaii, the condo market is particularly feeling the […]
“I can not thank both Kai and Emil enough for such a positive experience during my condo sale. They reassured me every step of the way in selling my condo during a stressful time in my life. They made my sales transaction run very smoothly. While adding value with their attentive care and support, I […]
Seattle-based Alaska Airlines completed its acquisition of Hawaiian Airlines in September 2024, following scrutiny from the U.S. Department of Transportation (DOT). Hawaiian will continue to operate under its iconic branding and uniforms, reflecting the local culture. Although it’s still early, this strategic move could lead to smoother travel experiences both between the islands and across […]
