October 2024 Hawaii Big Island Style Newsletter
October 2024 Newsletter Linkhttps://www.compass.com/notifications/emails/767a45ba-cb75-4b8f-9242-5912af2f6931.html
KE Team Hawaii Real Estate Blog: Kailua-Kona Market Trends & Insights
How the 2024 Election May Impact the Real Estate Market
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 […]
New Listing – Ke Alohi Kai
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 […]
Latest Kona Market Trend – October 2024
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 […]
Another Successful Closing!
“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 […]
Alaska Airline Acquires Hawaiian Airline
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 […]
NAR’s Clear Cooperation violates Code of Ethics & State Law
The National Association of Realtors (NAR) introduced the Clear Cooperation Policy to foster transparency in real estate transactions in 2019. The policy requires agents to submit listings to the Multiple Listing Service (MLS) within one business day of any public marketing. While the policy aims to ensure open access to property listings, many in the […]
KULEANA RUM WORKS
I recently had the opportunity to meet Steve Jefferson, the founder and CEO of Kuleana Rum Works, on the Big Island of Hawaii. In fact, I’ve been a fan of Kuleana Rum for a while now, and we even have a bottle at home. Traditionally, rum is made from sugarcane juice, but nowadays, it is […]
Hawaii Big Island Market Update Sept 2024
Each month, we share our data flipbook featuring essential insights, focusing on the west side of the Big Island. If you have any questions or want to discuss market trends in your neighborhood, please feel free to reach out! September kicked off much like August, with the U.S. stock market experiencing a significant pullback as […]
Successful Closing in Keauhou Estates: A Smooth Journey for All!
We are thrilled to share the news of a successful closing on a beautiful home in the gated Keauhou Estates community. KE TEAM had the privilege of representing both the buyers and the sellers in this wonderful transaction, ensuring a seamless experience for everyone involved. We couldn’t be more pleased with how smoothly everything came […]
Condo Insurance Crisis in Hawaii
Understanding the Hawaii Condo Insurance Crisis In recent months, condo projects in Hawaii have faced skyrocketing insurance premiums, with some seeing increases of up to 400%. These hikes can lead to special assessments and significant increases in monthly maintenance fees for condo owners, as master insurance typically makes up about 30% of the budget. The […]