The Big Island economy is booming, but Hawaii real estate costs pose a risk to continuing economic growth, reports the Honolulu Star-Bulletin.
Economist Leroy Laney from Hawaii Pacific University delivered an optimistic short-term prediction to a Chamber of Commerce audience.
“Both job growth and inflation-adjusted personal income will hover in the 2 to 3 percent range,” he […]
Sales in the resort residential Hawaii real estate market have been booming. In less than five years, sales have nearly doubled from 1,133 closings and total revenue of $1.04 million in 2001, due to a larger inventory and higher prices.
The booming resort residential market has had some impact on the overall Hawaii real estate […]
Large resort residential Hawaii real estate markets are Increasingly becoming home to as many California-based residents as Hawaii residents.
Buyers generated sales of $2 billion on 2,116 closings on Hawaii homes, condominiums and vacant lots in the resort residential sector in 2004. The highest price paid was for a $10.3 million condominium on the Big Island.
California […]
A 2003 Circuit Court ruling determined that Hokulia was an urban Hawaii real estate project being built illegally on agriculturally designated land. The developer of the Hawaii property, 1250 Oceanside Partners—along with Hawaii County, which granted them their permit—then appealed that decision to the Supreme Court.
The court has just rejected the second of two […]
The hot market for Hawaii homes in Maui County is a key factor in sustaining the currently robust economy of the “Valley Isle,” say some experts.
Experts say that Maui’s strong economy—demonstrated by indicators ranging from job growth to increases in the tourism and construction industries—could have bad side effects if the increases in price […]
Centex Destination Properties has just announced Beach Villas at Ko Olina, the first new beachfront Hawaii condominiums to be built on Oahu in twenty years. Beach Villas at Ko Olina will break ground on Sept. 29., and the first 75 Ocean Tower villas will go on sale on Oct. 17-18.
Beach Villas at Ko Olina offers […]