Hawai‘i Could Fix Its Housing Crisis
Experts have lots of good ideas, including more land for housing, more density and more Tokyo-style “by-right” development.
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Experts have lots of good ideas, including more land for housing, more density and more Tokyo-style “by-right” development.
At issue is the National Association of Realtors position on how the commission for a buyer’s agent is paid, a rule that a federal jury in Missouri has already put in doubt.
Those properties are more likely to sell quickly, and they come with some extra financing options.
In some cases, there are more off-market listings than public ones for homes that start at $20 million, the CEO of Hawaiʻi Life says.
At issue is the commission paid to agents who represent buyers in real estate transactions.
But the new Kapālama Container Terminal is the first step in an ambitious plan to create a more resilient port and cope with a rising ocean.
The mortgages come with no down payments, but max out at $977,500, which limits what they can buy in Maui’s expensive housing market.
Hawai‘i Life says 16 West Maui homes have been switched from short-term to long-term rentals since the fire. But most units offered are filled immediately, with remaining long-term rental vacancies in the luxury market only.
In each of those places, prices so far this year are lower than last year.