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Kailua-Kona, HI Real Estate News

By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
Indymac Federal Bank, OneWest Bank, series on the life a short sale Realtor - Lance Owens OK, you guys know how many short sales I do, and how lucky I was - (kidding) - to be in the middle of one, when the Feds came in and took over Indymac, and if you remember my blogs from the mid 2009, and the nightmare it was dealing with them. You would think that after 2 and half years, you would be "called" on your business practices - but it seems not.  2 months now - faxing, re faxing, re re faxing, documents, the same old story - we don't have them, were missing pages, we cant read it - COME ON GUYS - REALLY?   So I finally make enough noise to get someone assigned to the file, and they have the ....... to tell me I am missing all these documents, no problem, I email them all the documents alo...
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By Rich Bosselmann-RS, Your Kona real estate connection.
(Koa Realty Inc.)
                                                 Kailua-Kona Neighborhood Tour - Keauhou View EstatesThe Keauhou View Estates Subdivision in Kailua-Kona, Hawaii was built from 1999 to 2002. The developer, Towne Development, offered four floor plans from 1,100 to just over 1,500 square feet. Lot sizes range from about 7,000 to 9,000 square feet. There are sidewalks, streetlights and underground utilities including sewer which is not very common in Kailua-Kona due to the rocky ground. The lack of telephone poles and wires gives this well designed Kona neighborhood a neat look.All of the homes in the Keauhou View Estates have cathedral ceilings and two car garages, many enjoy ocean views. One of the best features of this neighborhood is the location, only a couple blocks to Magic Sands Bea...
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
 I'm not new at this, 36 short sale transactions closed, 11 in escrow right now, 6 more listed, including this one? The sister home to this - 2 lots away, is listed at $709,000 - all comps suggest I can get this closed at the $599,000 - so why is this one sitting here?            Hualalai Colony - Private Gated ComunityOcean Views, great elevation overlooking Kailua Kona Bay $599,0003 Bed 2 Bath 2,002 Sq Ft       click image to zoom in   75-5608 HIENALOLI-KAHULUI RD   Type Single Family Home   Lot Size 0.39 Acre(s)   Status Active   Interior Features Cable TV avail., Carpet   Exterior Features Private water supply, Public water supply, Septic sewer system, Waterview, Fee Simple   Subdivision Hualalai Colony   County Hawaii   Additional Information This home was designed by renowned arc...
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
Kailua Kona, and KonaHomeTeam present 76-831 Kueni Place - a spectacular new listing. Priced at $843,500. Open House on Thursday went extremely well, approximately 45 agents came through, and not one, NOT 1 - bad remark. Most comments were - WOW - I never expected all this from the street view, what a great listing, this one shouldn't last long - the long stares as agents scanned their memory banks for that buyer. This wasn't an easy listing either - owner has an inactive real estate license, we all know how that goes - actually in fairness, he is a well respected real estate developer, but I went in with my guns drawn - ready for the battle, he and I sat down,, and examined about 20 comps, from sold, to contingent, to active - amazingly enough, he came down $200k from his last listing...
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
Kailua Kona home sales are staying true, Up 10% from 2010 (number of homes sold) , which, by the way was up 40% over 2009 sales number. Just in case your were wondering - like I was, 2009 - you got it - up 66% over 2008. so needless to say we are well on our way to recovery. Regardless of what the papers, the news reporters, the politicians tell you - 3 years of increasing sales - KONA YOU ARE ON YOUR WAY TO RECOVERY! Do yourself a favor, cruise over to my website below, take a look at the raw data - MLS sales reports - in black and white numbers - there is no "market adjustments" - "no opinions" just FACTS - I know you don't get to do this very often in this world anymore - but FORM YOUR OWN OPINION - forget about what "They" tell you - Do you think you can remember how to form your ow...
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
Kailua Kona Hawaii, multi family, apartments, condos, duplex, for sale Lance Owens | Aloha Kona Realty Inc | (808) 936-8383 76-6175 ALII DR, Kailua Kona, Hi, HI Multi Family Residential - 16 bed, 17 bath unit 9+BR/9+BA Multi-Family, 16 units offered at $1,490,000 Year Built 2003 Sq Footage 8,000 Bedrooms 10 Bathrooms 10 full, 0 partial Floors 3 Parking 4+ Lot Size 15,272 sqft HOA/Maint $0 per month DESCRIPTION Template does not allow correct description - read carefully - Do your math - 2010 reported income states $129,000 - 16 bed, 17 bath, plus rec room. Permits show: 2 Duplex buildings + 1 separate Recreation room Building 1: 1st Floor - 2 garages, bathroom and laundry area 2nd Floor: 3 bedrooms, 3 baths, den, living room, kitchen. 2 lanai’s 3rd Floor: 3 bedrooms, 3 baths, den, livin...
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
Its Official, I am a WINNER !  ActiveRain contest called "Good News" and I was awarded my prize today = 1 point :) No - that's not a typo see below.   DatePointsDescription 08/25/2011 1 Good News Contest Oh well, at least I got the "good news" out, and it made me "feel good"  And by the way, ActiveRain, 3 new listings in the last 10 days , 1 is in escrow already, and I can thank you directly - 100% for these. All three because of my ActiveRain Blog - honest to goodness, I never had put on my hat, didn't have to brush my teeth, didn't even have to put my clothes  on. They all 3 found me on the WEB, I emailed them contracts, they scanned them back to me - and as I stated above - 1 is already in escrow  1st one - Alii Lani $149,000 - in escrow  2nd one - $349,000 - wont last long either (h...
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
New listing in Kailua Kona, HI, Hawaii, Holualoa, with Ohana and built in swimming pool Lance Owens | Aloha Kona Realty Inc | lance@konahometeam.com | (808) 936-8383 76-831 KUENI PL, Kailua Kona, Hi, HI Large updated family home with permitted Ohana, and built in swimming pool 4BR/3+1BA Single Family House offered at $843,500 Year Built 1968 Sq Footage 3,234 Bedrooms 4 Bathrooms 3 full, 1 partial Floors 2 Parking 2 Covered spaces Lot Size 26,000 sqft HOA/Maint $0 per month DESCRIPTION Hawaiiana" Amazing how one word can say much! If you're looking for a home that was built to blend in with Hawaii's natural beauty, you need to take a look at this one. Taking advantage of the gentle slopes of Hualalai, tucked in-between old growth Monkey Pod trees, Avocados, Bananas, Tropical Flowers and ...
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
Real Estate Recovery in Hawaii with your favorite Realtor, Lance Owens.     Aloha, Lance here with Aloha Kona Realty Inc. Better known for my website wwwWestHawaiiCondos.com. Lets talk about the 30% increase in Condo sales for the month of July - You read it correctly - The number of Condos sold in Kailua Kona has increased by a little over 30%. I Know, my first rule is to not pay a lot of attention to the monthly reports, but rely more on the "Year to Date: (YTD) numbers.   Ok Lance?  what are the YTD numbers? We will get to that number in a minute, I just wanted to bring up one thing about July 2011 sales. Do you know I went back and looked, 2010, 2009, 2008, 2007, 2006, and finally when I got to 2005 - I found a July that had more sales than we did for 2011. I think that speaks VOLUM...
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
Real Estate Recovery in Hawaii  Lance Owens, Kailua Kona, HI Realtor, gives a run down on the Hawaii Real Estate Market Although the month is not officially over yet, Home sales do not take place on weekends, so we can safely report these numbers (Note: MLS rules state you can take as long as 5 days to report a sale – so the numbers may go up slightly) Let’s take a look at the July 2011 sales report, Number of Homes Sold: UP by 43% over the same 31 days last year. Year To Date (YTD): I prefer this method over the “knee jerking” excitement that monthly reports create – UP 43/down 14/up 11.  Things seem to “spike” up and down more on the monthly’s. YTD increase is just above a 10% increase - not bad Kona. Just for fun I went back to 2010 vs. 2009 – WOW – 2010 YTD was up 51% over 2009, ind...
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
Update 7/31/11  Lance Owens, Kailua Kona, HI Realtor, gives a run down on the Hawaii Real Estate Market Although the month is not officially over yet, Home sales do not take place on weekends, so we can safely report these numbers (Note: MLS rules state you can take as long as 5 days to report a sale – so the numbers may go up slightly) Let’s take a look at the July 2011 sales report, Number of Homes Sold: UP by 43% over the same 31 days last year. Year To Date (YTD): I prefer this method over the “knee jerking” excitement that monthly reports create – UP 43/down 14/up 11.  Things seem to “spike” up and down more on the monthly’s. YTD increase is just above a 10% increase - not bad Kona. Just for fun I went back to 2010 vs. 2009 – WOW – 2010 YTD was up 51% over 2009, indicating that th...
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
Update 7/31/11  Lance Owens, Kailua Kona, HI Realtor, gives a run down on the Hawaii Real Estate Market Although the month is not officially over yet, Home sales do not take place on weekends, so we can safely report these numbers (Note: MLS rules state you can take as long as 5 days to report a sale – so the numbers may go up slightly) Let’s take a look at the July 2011 sales report, Number of Homes Sold: UP by 43% over the same 31 days last year. Year To Date (YTD): I prefer this method over the “knee jerking” excitement that monthly reports create – UP 43/down 14/up 11.  Things seem to “spike” up and down more on the monthly’s. YTD increase is just above a 10% increase - not bad Kona. Just for fun I went back to 2010 vs. 2009 – WOW – 2010 YTD was up 51% over 2009, indicating that the...
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
Hualalai Colony, Kailua Kona, Holualoa area.      HUGE PRICE REDUCTION - NOW - $599,000 Sitting here doing an open house / Realtor caravan, and getting lots of positive feedback, price is good, coastline views are awesome, home is well cared for – these are the open houses I enjoy. Come on by, and take a look for yourself – call for gate code 808-936-8383      
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
Absolutely amazing - the top headlines in our local Paper  Top one: Sundays local paper - note the date. The second one: yesterday’s headlines - how in 3 days, does the market go from up to down - thats the fasted swing I have ever seen in the real estate market - LMAO  Do these 2 writers not know each other? Its a small town, small newspaper, maybe they should have a morning meeting ? Who ok's the articles? Just sitting here shaking my head?  Maybe it had something to do with my Blog I posted after Sundays headlines?   You know what -  I just need to stop here, momma said, if you don’t have nothing good to say - don’t say it!  Whatever it is - you put a smile on my face today - Thank you xxxxxxxxxxx (shaking my head)  Sundays Paper Big Island home sales up July 2, 2011 - 10:07pm PRICE...
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
TripAdvisor Top 10 U.S. Vacation Destinations -  May 2011 States that Travelers ranked Kailua Kona, Hawaii - a  respectable #6 with only 1 other city from Hawaii making the top 10 (lucky me - we have the #1 Rated Condo as our listing). Here is an excerpt and a link to the article:  Tripadvisor: Today the company released its third annual Travelers’ Choice lists by geography of the top travel destinations for 2011 based on millions of reviews offered on TripAdvisor. Below you will find the top ten across the world as well as top ranked destinations here in the United States. Unfortunately Boston doesn’t make either list, but our neighbors in NYC made both (NYC was the only US destination to make the top 10 world list). Destination award winners were determined based on a combination of t...
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
West Hawaii Condos updated 6/17/2011 1: Mulitplex appraisal in - Low of $1,200,000 - High of $1,700,000 - I think we are sitting pretty good at $1,490,000 - come take a look  2: Na Hale O Keauhou - Back on the Market - although not indicated below, waiting to close current escrow  3: 4 great Ocean Front Units - take a look below  5: % acres with a pool - banks says bring us an offer!   6: Hualalai Colony - I say - BRING US AN OFFER    Featured Listings click to view Multi Unit 76-6175 ALII DRKAILUA KONA, HI $1,490,000 16 Bed16 Bath 8,000 sq ft Rated "Best Condo in Kona" By Trip Advisor 78-261 Manukai StreetKAILUA KONA, HI $795,000  2 Bed2 Bath 1486 sq ft Kanaloa at Kona Condos for sale # 2601 78-261 MANUKAI STKAILUA KONA, HI $749,000 2 Bed2 Bath 1486 sq ft Hualalai Colony - Private Gate...
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
Some Great Photos - King Kamehameha Day, Kailua Kona, HI 2011. A little background: Kamehameha the Great, also known as Kamehameha I and Kamehameha the First, was ruler of Hawaii from 1782 until his death on May 8, 1819. He is remembered for uniting Hawaii, introducing laws to uphold human rights in combat situations, and for being a fair and stable leader. His name means "lonely" or "loneliness" and he is sometimes known as the "Napoleon of the Pacific". In 1871, the great-grandson of Kamehameha the Great, known as Kamehameha V, passed a royal decree that Kamehameha Day should be celebrated. The day was first observed on June 11, 1872, and was one of the first holidays proclaimed by the Hawaii State Legislature after Hawaii became a US state in 1959.   What a great day today, a little ...
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
  Act 48 – Hawaii’s new Foreclosure Law became effective May 5, 2011   Will it hurt us, or will it help us? I just wanted to bring a few things to light about it. Glass Half Empty: The banks are going to close up office and stop doing loans in Hawaii, it’s going to drive down property values, or,  80% of foreclosures are non-judicial, switching them to judicial will just backlog the already “backlogged” courts, Who needs government getting their hands into another project, we already have furlough Fridays as it is,…….. Glass Half Full:  The banks have taken advantage of homeowners long enough, something has to be done, it will help stabilize neighborhoods, it will be good for the local community, it doesn’t do anybody – any good, to have a bunch of empty, foreclosed homes sitting around...
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
Lance Owens | Aloha Kona Realty Inc | (808) 936-8383 76-6175 ALII DR, Kailua Kona, Hi, HI Multi Family Residential - 17 bed, 15 bath unit 9+BR/9+BA Multi-Family, 16 units offered at $1,490,000 Year Built 2003 Sq Footage 8,000 Bedrooms 10 Bathrooms 10 full, 0 partial Floors 3 Parking 4+ Lot Size 15,272 sqft HOA/Maint $0 per month DESCRIPTION Permits show: 2 Duplex buildings + 1 separate Recreation room Building 1: 1st Floor - 2 garages, bathroom and laundry area 2nd Floor: 3 bedrooms, 3 baths, den, living room, kitchen. 2 lanai’s 3rd Floor: 3 bedrooms, 3 baths, den, living room, kitchen. 2 lanai’s Building 2: 1st Floor - 2 garages, bathroom and laundry area 2nd Floor: 3 bedrooms, 3 baths, den, living room, kitchen. 2 lanai’s 3rd Floor: 3 bedrooms, 3 baths, den, living room, kitchen. 2 l...
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