hawaii kai real estate: Hawaii Kai, Honolulu, HI - Open House in Prestigious Kalele Kai March 27 - 03/23/11 08:13 PM
Kalele Kai is one of the premier complexes in Hawaii Kai, and the homes are always at the top of the list of sales prices.  Kalele Kai AmenitiesThis is a gated luxury community on the marina in the center of Hawaii Kai, built in 1993.  There are 227 deluxe 2- and 3- bedroom apartments in three 6-story towers, and ten 3/2.5 townhouses on the marina, all fee simple. The units have luxury baths, designer kitchens with state-of-the-art appliances, and huge lanais providing grand indoor-outdoor living. Amenities include pool, spa, barbecue area and clubhouse, and many units have a boat dock.  Kalele Kai … (0 comments)

hawaii kai real estate: Hawaii Kai Home Search - 03/08/11 09:53 PM
I'm pleased to report that I have upgraded the MLS search feature I offer visitors to my web sites.  You can now save searches, create searches using many filters, and receive updates by email.Try out the page on www.BarbarasHawaii.com or the MLS search page on www.MovetoHawaiiKai.com and let me know if it fits your needs.  I'd appreciate feedback so I can make the features exactly what you, the visitor to my web site, wants.  Aloha,
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hawaii kai real estate: Hawaii Kai, Honolulu, HI, Real Estate Market Statistics for February, 2011 - 03/05/11 09:52 PM
Both Single Family and Condo sales in Hawaii Kai were slow in February, with 7 home sales and 14 condos closed.  This compares to 2010 with 7 home sales and 6 condo closings.Single FamilyThe 7 sales ranged from $684,000 for a 3/1.5 in Koko Head Terrace to $1,600,000 for a 4/3.5 on a 10,613 SF lot in Kamehame Ridge.There were 2 sales in Koko Head Terrace, and three of more than $1,000,000.  These million-dollar sales were in NaPali Haweo, Spinnaker, and Kamehame Ridge.CondosThe low sale was a FA unit in Mawaena Kai for $448,000, 3/2 with boat slip, main level.  The high … (2 comments)

hawaii kai real estate: Hale Ka Lae, the new Luxury Condo Complex in Hawaii Kai, Now Selling - 02/20/11 09:56 PM
        After more than 7 years of missteps and community disputes, the new investors of Hale Ka Lae (formerly Hale Alii) in Hawaii Kai are ready for buyers.  I attended their formal Grand Opening yesterday, Feb. 19, and was impressed with the commitment shown to bring this project to market, and the changes they have made to satisfy community concerns.Here are some of the changes the developers have made in the $300 million, 10-story project since originally conceived:1. Replace key executives2. Draw new architectural plans3. Move the footprint of the building and amenities4. Build a new sales center5. Reduce condo prices6. Revise the … (0 comments)

hawaii kai real estate: Renting in Paradise - Oahu's Most & Least Expensive Neighborhoods - 01/21/11 08:14 PM
A recent blog post on Honolulu Magazine by Jenny Quill reported on Oahu's most expensive and affordable neighborhoods for renters.  If you are thinking of moving to Oahu and renting while you learn the different communities, this is a good resource.  Quill took numbers from the 2nd half of 2010, which vary by number of bedrooms (and, of course, location).  The further from town, the less expensive, generally (one exception would be our North Shore).
Here are her conclusions:"Two-Bedroom Apartments
Least-Expensive Areas:Waianae Coast                         $898Ewa                                         $900Waipahu                                  $950Wahiawa                                  $1,025Kalihi-Palama                           $1,095
Most-Expensive Areas:Diamond Head                        $3,150Kahala                                   $2,225Hawaii Kai-Portlock                  $2,150St. Louis Heights                     $2,000Downtown Honolulu                  $1,900
Three-Bedroom … (1 comments)

hawaii kai real estate: Hawaii Kai, Honolulu, December & Year-end 2010 Real Estate Market Statistics - 01/08/11 05:32 PM
The real estate market in Hawaii Kai continues to strengthen.Single FamilyDecember, 2010 19 sales Low price $585,000 in Kalama Valley and Koko Head Terrace, days on market 17 and 83.High price $2,200,000 in Portlock, days on market 26.  9 sales over $1,000,000.December, 2009 18 salesLow price $630,000 in Koko Head Terrace, days on market 10.High price $1,425,000 in NaPali Haweo, days on market 79.  3 sales over $1,000,000.2010 Totals197 salesLow price (fee Simple) $515,000 in Kalama Valley.  Days on market 42.  (There was a lower Fe Available sale of $311,350 in Kalama Valley.)High price $7,800,000 in Koko Kai, days on market 64.  … (0 comments)

hawaii kai real estate: Buying a Home in Hawaii Kai is a Good Long-Term Investment - 12/31/10 07:46 PM
Historical data from the National Association of Realtors (NAR) (adjusted for inflation by Businessweek.com) show that in 18 of the 25 largest metro areas in the U.S., the value of homes purchased in 1990 had increased by 2010, often by double digits.   For the millions who bought during the boom and now want or need to sell, those numbers don't offer relief.  But many more have owned their homes long enough to realize a gain on their asset, just not as much as if they had sold a few years ago.Homeowners who buy for the long term have historically seen the value … (0 comments)

hawaii kai real estate: Aging in Hawaii, or Graying in Paradise - 11/20/10 12:24 PM
The StarAdvertiser.com has published an excellent series on the "Graying of the Hawaii."  If you have elder loved ones here or are thinking of retiring in the Islands, you will appreciate their in-depth reporting.  Links to each article are listed below, with highlights.1.  Graying of Hawaii: (Michael Tsai) For baby boomers, the spectrum of changes they have shaped and witnessed will be widely eclipsed by the ones still to come."The largest-ever generation of Americans begins an adventure of unimaginable proportion and consequence: old age. The change is perhaps the biggest yet for a generation used to major cultural, technological and political shifts.   The generation that … (1 comments)

hawaii kai real estate: October, 2010 Home and Condo Sales in Hawaii Kai - 11/05/10 12:43 PM
The Hawaii Kai real estate market is gradually, and slowly, improving. 

Single Family Homes20 single family homes sold in Hawaii Kai in October.  They ranged from $540,000 for a 4/2 on 12,265 SF of land, 1,384 SF interior, home in Mariners Valley, to $1,650,000 for a spectacular view home in NaPali Haweo, of 3,553 SF interior, pool, on 12,626 SF of land.  Days on market for the NaPali Haweo home was only 22, for the Mariners Valley home, 16.
For comparison, 20 homes also sold in September.  Last year, in October, 25 homes sold, reflecting the stimulus of the Buyer … (0 comments)

hawaii kai real estate: Today's Buyers Will Find What They Want in Hawaii Kai - 10/29/10 10:35 PM
RealtorMag reported this week on a study done by American Lives, a research firm in California, on the 5 Main Traits of Today's Home Buyers.  Based on the findings, I can't think of a better place for buyers to look for a home than Hawaii Kai.
Here are the findings:1.  They are Young.  Most are under 45 with household incomes of $75,000 or less.  2/3 are married.2.  They are Frugal.  They want to live a simple lifestyle.3.  They worry about their Financial Future.  About 70% said the economy is "not very good", and 55% were concerned they might lose their jobs.4.  They … (0 comments)

hawaii kai real estate: Types of REal Estate Ownership in Hawaii - 10/22/10 10:32 PM
With the increasing popularity of Fractional Ownership, and with many properties still under leasehold ownership, especially condos, forms of real estate ownership in Hawaii can be confusing.
There are essentially two types of real property ownership: 1) Whole- or fully-owned real estate, and 2) co-owned property which relates to condominium ownership and fractional ownership.
Whole/Full Ownership The majority of free-standing, unattached single-family homes are wholly- or individually-owned, deeded properties that do not share any common elements. In this regard, the deed (title) to the property reflects the owner's exclusive right to use, alter, rent, or sell the home. There are no … (2 comments)

hawaii kai real estate: Aging in Place for Hawaii Kai Seniors is Now a Little Easier - 10/16/10 12:01 PM
A new certification offered by the National Assn of Home Builders (NAHB), the Certified Aging-in-Place Specialist, will help professional remodelers understand and offer improved services for seniors who need home modifications to "age in place."  CAPS remodelers have received education about aging-in-place home design and partnering with customers to create a more comfortable home.
Our Hawaii seniors are a revered and large segment of our total population.  Multi-family housing is quite common here, but many elders prefer to live independently if they can, which can mean remodeling the home to accommodate their physical needs.  According to AARP, most seniors prefer to stay … (0 comments)

hawaii kai real estate: Hawaii Kai and Oahu September 2010 Real Estate Market News - 10/08/10 03:17 PM
Oahu Single Family Real Estate Sales, September, 2010
According to data released by the Honolulu Board of Realtors, September marked five straight months of median price gains for single-family homes on Oahu when compared with prices in the same months last year. The number of sales also continued an upward trend.  The median price for previously owned single-family homes sold in September was $622,450, up 2.9% from $605,000 in September 2009.  For the first nine months of the year, the median price was $599,000, a 4.2% increase from 2009.
Island-wide, there were 274 single-family homes purchased in September, up 8.3% from 253 a year earlier.  For the … (0 comments)

hawaii kai real estate: Hawaii Kai Single Family Real Estate Sales for September, 2010 - 10/01/10 05:02 PM
One of the many advantages of living in Hawaii Kai, on the east end of the island of Oahu, is the tremendous diversity of housing available.  The high and low sales in September highlight these choices better than any words I could use.
The price of the highest monthly sale has been steadily rising, and 8 homes sold over $1,000,000 in September, compared to four a year ago.  The highest was an oceanfront estate in Koko Kai, the most prestigious and routinely expensive neighborhood in Hawaii Kai.
       
I didn't represent the sellers or buyers of this home, but just … (1 comments)

hawaii kai real estate: Kalele Kai in Hawaii Kai - Waterfront Townhomes with a Prestigious Address - 09/24/10 09:52 PM

Kalele Kai is a gated luxury community on the marina in the center of Hawaii Kai, built in 1993. 
There are 227 deluxe 2 and 3 bedroom apartments in three 6-story towers and ten 3/2.5 townhouses on the waterfront. All units have luxury baths, designer kitchens with state-of-the-art appliances and huge lanais providing grand indoor-outdoor living.
13 sales in 2007 ranged from $590,000 for a 2-bedroom to $1,400,000 for the largest 3-bedroom home.  Prices dropped substantially in 2008.  9 sales closed, from $615,000 for a 2-bedroom to $855,000 for a 3-bedroom - the only 3 bedroom sold in 2008.  the highest … (0 comments)

hawaii kai real estate: Hawaii Kai Condo Buildings - Consider the Heritage House - 09/18/10 05:26 PM
I represented a buyer who closed last month on a unit in the Heritage House, one of the most economical and well-run condo buildings in Hawaii Kai.  While the sale prices of many of our properties run well over a million, you can find homes and condos now for prices well under that.
The Heritage House, like many of the apartment-style condos along Hawaii Kai Drive, was built in 1974.  Many of the units have been remodeled.  There are 1 and 2 bedroom units, and some of the 2-bedroom homes are 2 levels.  All have panoramic views of Hawaii Kai and … (0 comments)

hawaii kai real estate: Hawaii Kai Home Sales in August, 2010 - 09/06/10 09:22 PM
Two distinctive and stunning properties sold in Hawaii Kai in August, both for $2,700,000.  Visit my web site blog post for details on numbers and comparisons to last year.  What I want to emphasize here is that good prices are still available - but - prices are rising.
Four homes have sold this year over $2,500,000, three in Koko Kai - arguably the most prestigious address in Hawaii Kai with the best views, but not oceanfront - and a waterfront home in Portlock.
The Portlock home, built in 1944, was small by standards used now for oceanfront properties, 1,546 SF, but … (0 comments)

hawaii kai real estate: Real Estate Statistics - Hawaii Kai and Oahu - 08/10/10 09:27 PM
Oahu Single Family Sales stayed flat for the month and over the last 2 years. Number of sales for July this year was 268, last year 266, 2008 - 268. Year-to-date, the sales were higher than both of the last 2 years. Number of sales for the year was 1,747, for last year 1,377, and in 2008 - 1,670. Median Sales Price also stayed almost flat for the last 3 years for July. Median price in July this year was $605,000, in 2009 $595,000, and in 2008 $620,000. Year-to-date, median sales price is up from 2009, but not yet back to the levels … (0 comments)

hawaii kai real estate: Bills Passed to Help Multifamily & Single Family FHA Financing - 08/06/10 05:12 PM
The Senate has passed H.R. 5872, a bill to increase the Federal Housing Administration's (FHA) multifamily commitment authority, and H.R. 5981, which would allow FHA to increase its annual premiums for its single family program.  Both bills passed the Senate last night and will now go to the President for his signature.
H.R. 5872, which passed the House last week, increases FHA's commitment authority for its multifamily insurance programs by $5 billion for the remainder of the fiscal year. Without this increase, FHA would have exhausted its current authority sometime in mid-August and would have been forced to stop issuing any commitments … (0 comments)

hawaii kai real estate: Saving for a Down Payment on your Hawaii Kai Home - 07/29/10 09:37 PM
It's no secret that prices for Hawaii real estate are higher than most in the country, and our homes - condos and single family - in Hawaii Kai are more expensive than many other parts of Oahu.  Here are some ideas on planning ahead to save for a down payment, so when you find your dream home in Hawaii Kai, you'll be financially ready.
1.  Do some financial planning.  How much home can you afford?  What monthly payments including taxes, insurance, and homeowners fees (in a condo or planned community) are the maximum you want to spend on housing?  Take that … (1 comments)