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January 2018

Found 4 blog entries for January 2018.

LUVA Real Estate recently asked a group of people who are considering a move to West Hawaii what were some of their biggest challenges they felt they faced in moving to the island. A majority stated, in doing online research of single family homes and condos that the HOA fees for most condo complexes, compared to the mainland, were very high. HOA fees will vary in price by location and size of the complex. You can find fees as low as $350 for a one bedroom and as high as over $1000 for a two/three bedroom unit. But yes, Hawaii’s HOA (Homeowner Association) fees DO seem very high.

You may be looking at condos for two reasons, they are less expensive than single family homes and the predictability of having most of the maintenance expenses included in

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Last weekend, many residents of Hawaii, including the agents and staff of LUVA Real Estate, were awakened by a shrill alarm coming through their phones from the Hawaii Emergency Management Agency alerting them to an incoming ballistic missile strike. The dreaded words have now made numerous local and national headlines and newscasts with the now familiar image of the text message saying, “THIS IS NOT A DRILL”. But it was a drill. For many of us, those 35 or so minutes between getting that first warning message and then being told it was a mistake made us look around and wonder what we were going to do besides hug or call our families.

In the wake of the “drill”, thousands of residents and tourists wanted to know what had the Emergency Management

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MLS Listing ID:612927

The 2017 West Hawaii real estate market saw a solid increase in the median price of a single family home to over $550k by June, which, compared to historical housing prices over the past decade in the region, came within over 90% of the median price record of $575,000 reached in 2007. Median condo prices stayed under $310,000 in 2017, but the West Hawaii housing market was definitley cooking last year.

“Just like the rest of the country, what we are faced with now, at the beginning of 2018, is a huge problem with inventory”, stated LUVA Real Estate Realtor, Lance Owens. “I have a few clients for condos under $325,000. The total for sale condos in Kailua-Kona, under $325k right now is only 20 units. If you want maintenance

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Copyright Tim Bonython Productions

Happy New Year from all of us at LUVA Real Estate! West Hawaii is an exciting time to be here if you are visiting or looking for events to expand your appreciation of the Big Island or of the ocean…as this month West Hawaii features TWO world class film festivals. Take a stroll, listen to music and see the lunar eclipse..it’s all here this month!

What: 8TH ANNUAL WAIMEA OCEAN FILM FESTIVAL

When: January 1-9, 2018

Where: Various locations in Waimea and Kohala Coast

Beginning Mon.-Thurs., Jan. 1-4, 2018 at venues in Waimea, the Mauna Kea Beach Hotel, Hapuna Beach Prince Hotel and The Fairmont Orchid, then moving Fri.-Tues., Jan. 5-9 to Four Seasons Hualalai Resort. Festival passes available online at

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