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LUVA Real Estate Blog

We are a group of adventurers, dog lovers, surfers, activists, Netflix bingers, paddlers, caffeine addicts, parents, partners…the list could go on and on! One thing that we all have in common is, of course, our love for Real Estate. Every agent’s perspective and experience makes our LUVA Real Estate team who we are and we want to share with you our stories with our Agent Spotlight.

Sara joined LUVA Real Estate in 2014 and after working for three years as a transaction manager, office trainer, and salesperson, became a Broker in 2018 and is now the Broker-in-Charge for LUVA . Before entering into the real estate industry, Sara has past experiences in a multitude of venues including business, medical management and owned a clothing boutique. However,

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Between the humpback whales visiting our coastal waters from Kona to Kohala, the blooms of plumeria and cherry blossoms appearing, and “snowbirds” enjoying balmy days, February is a great time to be in Kailua Kona. LUVA Real Estate agents encourage you to get out and enjoy the many festivals and activities on tap for this month!

WHAT: ANNUAL WAIMEA CHERRY BLOSSOM HERITAGE FESTIVAL

WHEN: February 1, 2020 from 9am-3pm at different venues around Waimea

WHERE: Waimea The festival showcases the 60+ year old cherry trees planted at Church Row Park and the Japanese tradition of viewing them - hanami. The festival includes a variety of activities during the day at venues throughout Waimea - look for pink banners identifying site locations from the Parker

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You have a goal of moving to Hawaii and you want to bring your best friends, your dogs, to enjoy your life in paradise with you. You envision long walks on the beach while your pups cavort around while you throw balls into the surf for them to catch. Sounds idyllic, right? LUVA Real Estate agents receive calls almost daily from people wanting to move to West Hawaii and want their dogs to come, too.

Let’s take a look at three of the aspects of bringing dogs to the island successfully that you need to be aware of.

1. The quarantine process of getting rabies shots for your pets, combined with air fare, shipping crates, and a vet meeting you on the tarmac to clear the animal through the process can cost over $1000. The process can take up to five

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 As we head into an exciting new year, LUVA Real Estate wants to keep you abreast of some of the local changes we have seen recently around town. From new construction, to new stores and restaurants opening and the closing of others. Kona is an area in flux and change, although seemingly slow here, is a constant.

Here are a few of the latest changes in Kona: The Sports Authority, which closed its doors a few years ago in the Kona Commons, is splitting the 40,000 square foot building into three commercial spaces. They are tearing the facade of the building down to remove the large Sports Authority sign and are in the process of sectioning the building to bring in an Old Navy. There has not been solid confirmation on the second and third tenants.

Pier

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 With the new year and new decade, we are looking forward to another year of steady growth on Oahu! The LUVA Real Estate team on Oahu has remained busy over the holiday season, Broker Kimi Correa stating that “buyers are active, there are multiple choices for them so they have the convenience of taking some time in the decision making process before jumping in and making an offer on a property.” Also, with the Blue Water Navy Act kicking in this month, she feels it will help push some VA buyers further along the home buying process who have been holding off on making purchases.” Read more about the impacts that the Blue Water Navy Vietnam Veterans Act will have on VA loans here. 

 

December 2019 Sales Statistics 
The single-family home market on

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LUVA Real Estate has seen a recent flurry of activity as potential buyers show intense interest in homes that are coming onto the market now that the high season for West Hawaii real estate is in full swing. The amount of interest versus the amount of homes for sale has had an impact on the housing market.

According to data from the Hawaii Information Service from December 2019, the North Kona residential market shows inventory is substantially down from a year ago. With limited supply and strong demand, December saw an elevated median price of both single-family homes and condos, but by less than 3% for both.

The median sales price of single family homes has remained stable in the $635,000 price range for almost two years and is now $780,000,

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We are a group of adventurers, dog lovers, surfers, activists, Netflix bingers, paddlers, caffeine addicts, parents, partners…the list could go on and on! One thing that we all have in common is, of course, our love for Real Estate. Every agent’s perspective and experience makes our LUVA Real Estate team who we are and we want to share with you our stories with our Agent Spotlight.

Lance has been a full time Realtor in Kona since 2004 and joined LUVA as one of the very first agents in 2012. Kimi Nagatoshi joined the firm three years later in 2015. Lance & Kimi are well known throughout both the realtor and local Big Island community. From their involvement in West Hawaii Association of Realtors, the Big Island Chocolate Festival, and the Big Island

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LUVA Real Estate agents are busily sending their friends and family on the mainland greetings of “Mele Kalikimaka” and “Hauʻoli makahiki hou”. In response, many of them receive varying responses such as, “Oh, you are so lucky to live in Hawaii!” and “Another day of snow today, how’s the beach?” and a few, “Can I get anymore jealous of you?”

Yes, it IS hard to feel sorry for our friends and family who are dealing with winter, the lack of an ocean view, no swaying palm trees in the gentle air, the sight of humpback whales spouting in the distance. So, here are five reasons 2020 may be your year to finally join us and buy a home in West Hawaii.

  1. Your winter clothes are getting older and instead of replacing them, just throw them out. Forever! Yes,
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Are you considering making a move to West Hawaii with school age children? LUVA Real Estate knows that choosing the right school is as much as a priority as neighborhood location and other important aspects when deciding when and how to move a family to West Hawaii. Luckily, for an island, we have some great choices for schools, including public, charter and private.

Public Schools in West Hawaiʻi

The public junior and senior high schools in the West Hawai’i district are Kealekehehe and Konawaeana. If you live south of Walua Road (which is basically a mile south of Kona), and west of Nani Kailua Road, your kids will be attending Konawena Junior High or Senior High, located in South Kona, south of the Kona Community Hospital. If you live north of

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Homeowners Association (HOA) fees are generally looked upon as a financial headache when purchasing a condo or homes within certain neighborhoods in West Hawaii. However, residents and tenants forget that when the pool stays clean, the landscaping stays vibrant and someone is providing security for them, that those fees are paid for by HOA dues. In light of a few comments LUVA Real Estate has heard from would be homebuyers on the mainland wondering why West Hawaii has “expensive” HOA fees, let’s cover a few of the basics.

Here are the expenses that are included in most condo/neighborhood HOA fees:

Flood, fire, liability and natural disaster Insurance

  • Landscape Maintenance
  • Pool Maintenance
  • Roof and Exterior Repair/Replacement
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