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July 2018

Found 4 blog entries for July 2018.

Did you know that the first week of August is one of the busiest times outside of the Christmas holidays and IronMan for Kona? One of the big draws is the annual Hawaiian Billfisher Tournament. Also, the vacation surge comes from parents getting that last week of summer fun in before the kids have to return to school. So if you are coming this month, check out the fishing tournament, the Orchid Show, the Mai Tai Festival, the Canoe Races and even a charity bowling tournament!

LUVA Vacation Rentals also starts booking vacation rentals for the busy holiday season during this time, so if you are planning on coming to the island in December, now is the time to get your rental home or condo booked. Go to our booking site to see what is available.

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Luxury homes in West Hawaii cater to a specific crowd of homebuyer and many will view the listing for the first time from the mainland through the MLS. Great photography is essential and homes that photograph well will be the first ones to get that call from a potential buyer. What makes people take a second look at the photos? How the home has been staged. 

 

We asked local staging expert, Valerie Delahaye-Ippolito, owner of Mahalo Hale Staging for her advice, data, and expertise regarding what she thinks helps sell a house quickly with the proper creative help. 

 

Below are before and after photos of a home that Valerie staged in Kailua Kona. (Photographs by Ryan O'Halloran) 

 Before Staging    VS      After Staging

Once you make the decision to sell your

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LUVA Real Estate agents talk to MANY people who are considering buying a home in West Hawaii as a retirement home before or after they retire. Did you know that after you reach the age of 60, you can get an $80,000 a year tax exemption on your property taxes and when you reach 70, you can get $100,000?  It pays to be of retirement age in Hawaii, right?

Below is information from the Hawaii Real Property Tax Division website outlining information to assist property owners in the County of Hawai‘i with an explanation of the benefits associated with the filing of a claim for home exemption. The home exemption is deducted from the gross value of your property to arrive at the net taxable value for the property.

The basic home exemption is $40,000. In

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After the eruption began in early May, many people who have been on the fence about buying a home in West Hawaii were waiting to see if housing prices would start to drop. Potential buyers were waiting for the statistics from June to see how the eruption may have affected the market in West Hawaii. Numbers are in from the Hawaii Information Service and what LUVA Real Estate agents are seeing is this, across the island, home sales have dropped less than 2% year over year and year to date, they have dropped 2.59%. Median prices for single-family homes have increased 9.11% year over year and year to date, prices have increased 7.46%. Islandwide, condo prices have increased by 12.95% so far this year.

For North Kona, 52 single family homes sold last June

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