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August 2018

Found 4 blog entries for August 2018.

Sept Event Calendar

As we enjoy the clearest skies West Hawaii has had since 2007, LUVA Real Estate is betting that attending ANY event in September is going to be amazing! This month you can run, golf and eat at the Four Seasons Resort and support cancer research, listen to steel guitar and Hawaiian falsetto and enjoy a kapuna hula festival through the Hawaii Island Festival, get your sci-fi/fantasy kicks at HawaiiCon, and finally enjoy the re-opening of Volcanoes National Park! Truly a taste of Hawaii for all the senses!

 

What: Annual Run For Hope Race Weekend

When:  September 7-9, 2018

Where: Four Seasons Resort - Hualalai

 

Run For Hope is a non-competitive 10K Run & 5K Run/Walk event . Proceeds from this event benefit cancer research in Hawai'i.

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HARPTA IncreaseTackling Your West Hawaii Home Energy Expenses With Solar

With energy costs in Hawaii being the most expensive in the nation, looking at the potential cost of your monthly energy bill is as important as considering other large expenses for your home like HOA fees and taxes. While LUVA Real Estate focuses on helping you find the home of your dreams, there are a few companies in West Hawaii that can help you understand the costs of solar so you can control your monthly energy costs.

First some background information:
Solar costs have declined significantly, and are at their lowest point in over 30 years. Solar is now more affordable than ever and advances in technology have improved system quality and design. In 2017, there was more new solar power

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HARPTA IncreaseHARPTA Withholding Tax For Non-Resident Sellers Rises Next Month

When a homeowner who is not a legal resident of the state of Hawaii decides to sell their property, the Hawaii Real Property Tax Act (HARPTA) goes into effect to ensure the state collects taxes it may be due if the property owner had not paid enough general excise or transient taxes while they owned the property. Also, HARPTA was enacted to provide a means for the state to collect capital gains taxes from absentee owners.

New Law Raises Amount of Withholding: Hawaiʻi Revised Statutes §235-68
LUVA Real Estate keeps informed about state and local bills and laws that go into effect that have a financial effect on our clients. We wanted to inform you that the law regarding raising the

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July StatsDuring the three months that the Kīlauea eruption has been going on, people have continued to purchase homes, but not in the force they were out in last year at this time, as some would- be-homeowners took a “wait and see” approach due to the lava activity on the East side of the island.

The housing market in North Kona saw a significant drop in sales volume compared to July 2017, but it only took a 6% price dip. Sales volume dropped 48% for single family homes and 46% for condos in North Kona year over year. The median price for a single-family home in North Kona was $656,000 last year and $616,408 this year. Year to date, the price of single-family homes has risen 10%, but for condos, prices have fallen 13%, according to statistics provided by Hawaii

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