These homes priced under $1 million are getting harder to find: Only six of the island's 21 regions have a median price below that threshold. And prices are soaring even in those "bargain" neighborhoods.
About 1 in 8 condos for sale on O‘ahu are leasehold. Many, including some prestigious properties, are declining in value as the end of their land leases near.
A national report says Hawai‘i is the ninth-largest market for $10 million-and-plus homes. LA, Manhattan and Palm Beach are 1, 2 and 3.
The demand is strong, Realtors say, but there are few homes for sale at the highest end of the local market. Demand will likely increase when international buyers return.
The statewide association is backing a series of bills that seek to reduce impediments to affordable housing projects.
Purchases by mainland buyers were strong during the pandemic, and sales to Japanese and Canadians are slowly rebounding after a dramatic fall.
Homeowners fume as O‘ahu’s rising real estate prices translate into double-digit increases in property assessments.
This is the first of weekly Hawai‘i real estate reports from Janis Magin Meierdiercks, who covered the industry for 15 years at Pacific Business News. If you have tips or ideas for stories, email her at HawaiiRENews@gmail.com.
Recognizing excellence in Hawaiʻi's commercial real estate industry with NAIOP Hawaii's 24th annual Kukulu Hale Awards.
Hawaii Business Magazine identified the leading real estate companies and invited them to submit their Top Performers. This section profiles the Top Mortgage Companies.
Hawaii Business Magazine identified the leading real estate companies and invited them to submit their Top Performers.
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Recognizing excellence in Hawaiʻi's commercial real estate industry Since 1988, NAIOP Hawaii has served as the state’s foremost association of development industry leaders and decision-makers. Our annual Kukulu Hale Awards program celebrates the best of Hawai‘i’s commercial real estate industry,…
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