If you are new to living in Hawaii, you might have noticed that most every home relies in some capacity on propane for heating water or for powering gas appliances. Whether swimming pools, ponds and spa, or tiki torches, stoves, clothes dryers and hot-water heaters, there are many common household usages for propane in Hawaii.
House Bill 1244, if signed by the governor, will revise existing statutes to require that every cesspool in the state be upgraded or converted to a septic systems. Learn more about the impact of this bill and how cesspools hurt Hawaii.
Planning a trip to the Big Island and specifically West Hawaii? Within a 30 minute drive north of downtown Kailua Kona and 16 miles of the Kona Airport is Waikoloa Resort, an oceanfront resort community which includes beautiful Anaeho’omalu Bay (A-Bay), the King’s Shops and Queen’s Marketplace, the Waikoloa Hilton, the Waikoloa Marriott, and fun “on-the-beach” restaurant and bar, Lava Lava Beach Club. You’ll also find numerous opportunities for four-star dining, golf courses, tennis courts and a world-class spa.
Buying a home in Hawaii from the mainland? Here are a few aspects of buying a home in Hawaii that are much different than on the mainland.
While housing markets in major metro areas across the country are sizzling amid lack of available inventory, the West Hawaii, and the Hawaii Island housing market is showing that fewer properties have been sold, but prices have increased from year ago levels. Well priced homes in the under 600k category are only lasting a few days on the market.
Across the island, residential sales in March 2017 dropped 37% from 205 properties sold in March 2016 to 129, while year to date, 554 homes sold by this time last year and 443 homes sold in 2017, a 20.04% drop, according to data from the Hawaii Information System. However, the median price of all properties was $296,000 in March 2016 and jumped 19.5% to $354,500 year over year. March, one of the busiest months of the year in Hawaii, where sales of homes in escrow from January and February close, shows that the median price of homes rose 36% from $305,000 last March to $415,000 this year.
For West Hawaii in particular, which covers the Kohala Coast and North and South Kona, the year over year data states that 37 single family homes sold in March last year in North Kona, while 27 sold in March, a 27% decrease. Home prices in North Kona have dropped year over year from $885,000 to $600,000, a 30% drop, while month to month data shows residential prices dropped 7.5% with home prices dipping from $632,500 to $585,000. For South Kohala, prices have gone up 22% since last year from $459,000 to $562,500 and experienced a 26% increase from March to March. Condo prices in South Kohala were up 36% from last year with a current median price of $480,000.
Perched on a secluded bluff overlooking the blue expanse of the Pacific Ocean and nestled over magnificent Kauna’oa Bay on the Kohala Coast of the Big Island of Hawaii, sits the Kauhale Pilialoha estate. Managed by LUVA Vacation Rentals, Kauhale Pilialoha is located in the gated Mauna Kea Resort on 2.5 acres created by adjoining two prime lots in the Lower Bluffs.
There has been a brewing argument over property taxes and who is paying most of them for some time in Hawaii due to new legislation requiring second home owners to help pay for teacher salary increases for local schools in the state.