Homeowners are guaranteed a tax break on capital gains up to a fixed amount, while owners of investment properties can defer those gains using a 1031 exchange. But “timing is important” for the strategy to work, says Julie Bratton of Old Republic Exchange Co.
This overview of renter protections explains what their rights are, where to get help and how Hawai‘i’s laws stack up against other states.
O‘ahu home sales were down in May compared with a year ago, but some areas, like Hawai‘i Kai and Kailua, are starting to see an increase in prices.
The head of the Honolulu rail project says the bird’s-eye view from the first 10.75 miles is like a “Disneyland ride.” Try it yourself starting June 30.
Nationwide, homeowners lost equity on average during the first quarter of this year. But in the Islands, homeowners with mortgages gained on average $24,900 in the value of their homes.
Both O‘ahu and national numbers show 56% declines in new residential home mortgages during the first quarter of 2023 compared to the same period last year.
The transformation of the Davies Pacific Center will create mostly one-bed apartments, while leaving a few floors of offices.
The number of homes for-sale-by-owner was up nationwide in 2022. Several local companies offer to list the homes on MLS and handle the closing for a flat fee, but you do most everything else.
But a local expert expects Japanese investors – and tourists – will eventually return because their passion for the Islands remains strong.
