Rising Interest Rates Sideline First-Time Homebuyers
Bidding wars are now rare, but the highest mortgage rates since 2008 put homeownership out of reach for many who thought it was possible at the start of the year.
Real Estate
Could a Local Building Collapse Like the One in Florida?
Experts say what happened at the Surfside condo is unlikely to happen here. But they warn condo boards: put off maintenance projects and you’ll end up paying far more.
Homeowners’ Omissions Provide More than $30 Million to Honolulu Treasury
More than a third of all owner-occupied homes on O‘ahu are not covered by property tax exemptions because owners did not submit the paperwork. You have until Sept. 30, 2022 to fix that oversight.
AIA Design Awards 2022
Shaping communities through design excellence — All of the awardees exemplified a vision to meet or exceed safety requirements, utilize sustainable and efficient methods, and fulfill our cultural and emotional needs.
Inspections Save Homebuyers from After-Closing Nightmares
A national survey found that 94% of home sellers admitted they didn’t disclose problems such as unpermitted repairs before they sold.
Fractional Ownership Puts You on the Deed for a Quarter of the Price
In Hawai‘i, it’s a way for the rich to buy luxury properties that they only want to use a few months of the year.
Higher Mortgage Rates and Fewer Sales May Finally Be Affecting Prices
In half of the 12 real estate regions on O‘ahu, asking prices have been reduced on at least 30% of the current listings.
More Homes Available for Sale on O‘ahu
A bigger inventory of homes for sale is usually good news for buyers but other data suggests they should not break out the champagne.
“Home for Sale” Sometimes Means Renters are Displaced
About 40% of Hawai‘i households are renters. Their relationships with their landlords can be friendly and supportive. But this two-part report examines when the wants and needs of tenants and landlords conflict, with perspectives from both sides.
Records Broken as the Rich Buy Hawai‘i Homes
During the first half of this year, 424 homes, condos and vacant land parcels sold for $3 million or more. The top price: $36.1 million for an oceanfront estate on Kaua‘i.
Sell Your Hawai‘i Home and You'll Likely Make a Big Profit
One analysis says there were huge gains statewide, with the biggest average profit during the second quarter of this year at 110.5% on Hawai‘i Island.
Yen Is Weaker, But Japanese Investors Still Bullish About Hawai‘i Real Estate
Tourists from Japan are coming back, with lots more expected this fall, and some will be looking to buy a piece of paradise
First-half Report: Number of Homes Sold on O‘ahu Higher Than Each of Last Four Years
But June’s numbers plus some leading indicators suggest a softening in the real estate market
The Rich and Famous Love the Neighbor Islands
Those with homes there include Jeff Bezos, Oprah Winfrey, Mark Zuckerberg, Jason Momoa, Michael Dell and Willie Nelson. But don’t expect to see all of their names on the deeds.
Hawai‘i’s Luxury Real Estate Market is Strong But May Be Tapering Off
One signal of the slowing market is fewer offers: “Instead of getting five or six offers you may have one or two.
Sea Level Rise Intensifies Debate Over How Hawai‘i Uses Its Coastlines
A UH report asks decision-makers: What are the most important values and uses for the remaining oceanfront as the sea continues to rise?
Kukulu Hale Awards 2022
Recognizing excellence in Hawaiʻi's commercial real estate industry with NAIOP Hawaii's 25th annual Kukulu Hale Awards.
The Fundamentals of Land Court, Hawai‘i’s Legal “Enigma”
Here, a longtime real estate attorney explains the advantages – protecting against squatters rights is one – and challenges of Land Court.
Honolulu Challenges World’s Priciest Cities for Housing Unaffordability
Hawai‘i’s capital is not alone. Severe housing unaffordability now plagues more and more American and foreign cities.
Why Rent Relief in Hawai‘i Became a National Model
The government program helped over 13,000 households. One reason it succeeded may have been that people who had experienced housing instability had a seat at the decision-making table.
Top Performers in Real Estate 2022
Hawaii Business Magazine identified the leading real estate companies and invited them to submit their Top Performers.
Hawai‘i’s Home Insurance Premiums Are Lowest in Nation
Luckily, the price of insurance is tied to construction costs – not to rising real estate values. But those prices don’t include hurricane insurance, whose premiums can cost thousands a year.
ADUs Seemed Like a Simple Solution to Hawai‘i’s Housing Crisis
But the reality of building accessory dwelling units was far more complicated, leading to just a trickle of affordable units. Could regulatory changes boost the numbers?
Most Hawai‘i Homes Are Equity Rich
That means the majority of Island homes are worth at least twice what’s owed on any mortgages or other debts on the properties.
Sages Over 70: Amefil “Amy” Agbayani
Her decades of work have focused on supporting immigrants and underrepresented students at UH Mānoa.
Leasehold Properties: A Deal or a Drain?
While most of the state’s leasehold single-family properties have converted to fee simple ownership over the past few decades, the leasehold option remains alive in the condo market.
Hawaiʻi's Best Places to Work 2022
Want a better job, where workers are treated well? Consider these 68 companies and nonprofits that meet high standards for employee engagement.
