July was quite a busy month for condo sales in North Kona with a 108.33% increase year over year from 24 sales in 2016 to 50 sales in 2017 and a 108% increase in sales volume year over year, as well. In South Kohala, the sales volume for condos was up 66.73% over July of 2016. Home prices in Kona are almost at 2006 levels.
A town is only as good as it’s food scene, right? Kailua Kona and the Kohala Coast boast many places to enjoy local, fresh and superb food with many restaurants having the added benefit of viewing the famous Kona sunset each evening with a tasty tropical beverage. Hare are 12 fantastic restaurants we recommend. If you are been to Kailua Kona, you may know some of these classic staples of a great time and good food and we offer a few new ones. Enjoy!
From free hula, to mai tai contests, to a formal tea at a beautiful resort and the largest outrigger canoe race in the world, it’s all happening in Kona and West Hawaii within the next few weeks! Take a look at the LUVA Real Estate events calendar for August and September 2017!
Have you thought about installing Hawaiian hardwood floors in your home? Here is everything you need to know about our local hardwood and what works best for your home.
The housing market in West Hawaii continues to be positively affected by the annual upswing of homebuyers during the first part of the year.
“It seems to me the market has been gaining steam. I feel like we started off the year a bit shaky with the uncertainty of the presidential election. It appears that May, and especially thus far in June, the market has really been picking up. We had 6 new escrows open in the last 2 days”, Brian Collins, LUVA Real Estate, shared.
For the island as a whole, the median price of a single family home is $320,000 and condos are $273,000 according to information provided by Hawaii Information Services. Puna has seen the most home sales at 86 closed sales and 113 land sales.
How are the regions that make up West Hawaii performing?
The first step of the home buying process usually begins with meeting with a mortgage professional to develop your financial game plan and getting pre-approved for a mortgage. Many times, if you are on the mainland, you can ask family and friends who they could refer you to. However, if you are buying a home or land on Hawaii Island, you most likely don’t know who to call or trust. LUVA Real Estate is making that part of your home buying process much easier by recommending a few local mortgage professionals who have many years of experience helping home buyers weave their way through the process, which has many “only in Hawaii” aspects to it. Here are three mortgage pros whom LUVA Real Estate agents have had great success with, however as always LUVA recommends doing your due diligence to determine what lender might be the best fit for your particular situation. Read More
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.