Kailua-Kona, HI Real Estate News

By Johnny McElree
(Live Your Dreams!)
Date: August 22, 2010Time: 4pmPlace: Kailua Kona Enjoy "Kokua Kailua" Hulihe'e Palace's monthly event with free Hawaiian music (Merrie Monarchs men's glee club), hula by the halau of Etua Lopez on the Palace's South Lawn at 4:00 in the afternoon presented by the Daughters of Hawaii. It's recommended that you bring your own beach chair or mat. The Village Stroll starts at 1:00 pm until 6:00 pm. Taste the wonderful flavors on the outdoor restaurants and café's, while listening to the local artists. www.kvbid.org  
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By Kona Home Team (luva llc) Lance Owens (RS), Getting transactions done, when nobody else can!
(Kona Home Team (luva llc))
Alii Cove executive style Condo, this is the large 3 bedroom 3 bath unit. This is a short sale, but don't freak out - I have closed over 29 short sales, and have 9 in escrow. In fact I just closed the same unit in here for $380,000. I have the listing agreement signed but the owner does not want it on the MLS until he leaves. The photos below are from the unit I just sold - NOT from the new listing I have, I will have photos next week, this is your chance to get in before it hits the MLS We will be pricing it at $380,000        
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By Kona Home Team (luva llc) Lance Owens (RS), Getting transactions done, when nobody else can!
(Kona Home Team (luva llc))
Specializing in Kailua Kona Foreclosures, short sales, and bank owned properties , I wanted to let you know about one of the nicest bank owned property's out there. But first I need to interview you before I tell you about it. 1: you need to like motorcycles - our whole family rides dirtbikes. 2: you need to enjoy camping at secluded beaches 3: you need to have a 9 year old child - to play with my son. 4: you need to want to live in an area where the kids play out on the streets - until the streetlights come on at night , a place where they can ride there bikes to school and not have to worry about locking them up, in fact I have lived in my home for 9 years now and I have NEVER owned a key to the doors! 5: You have to like being within 1,400 feet of Banyan's Surf spot, and the Pacific ...
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By Johnny McElree
(Live Your Dreams!)
Choose from hundreds of coffee farms exclusively grown in north and south Kona. Visit the orchards, learn the harvesting process, then explore the mill to see how the beans are processed. Also check out a must see for all coffee lovers - The Kona Coffee Cultural Festival during the month of November visit: www.konacoffeefest.com Suggested Coffee Mill: Mountain Thunder Coffee Plantation 73-1942 Hao StreetKailua-Kona, HI 96740  www.mountainthunder.com
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By Kona Home Team (luva llc) Lance Owens (RS), Getting transactions done, when nobody else can!
(Kona Home Team (luva llc))
Price: $399,000 Mls#: 233233 Ownership: CPR Tmk Number: 3-7-8-10-93-14 Beds: 2 Baths: 2 Full,1 Half Living Area: 1,404 Listing Date: 3/17/2010 Built: 2005 Remarks Beautiful ocean view from both lanai's great location in the complex; near the pool watch the sunset year round from your kitchen, livingroom, dining area, and master bedroom unit in ex..... Private Remarks this is a short sale subject to the approval from the lender of record. Sales price, seller concession (if any)and commission are subject to lender approval and are not guaranteed. Please submit all offers with pre-qual letter and all addendums needed listed with Lance Owens unit is rented so please check with Lotus 895-9536 or Lance 936-8383 for showing instructions Property Includes Appliances: Dryer, Disposal, Dishwashe...
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By Johnny McElree
(Live Your Dreams!)
The Keauhou Beach Resort in Kailua-Kona is offering a variety of Hawaiian cultural activities throughout month of August. Visitors are invited to join in the fun. Enjoy taking a history tour, lei making, learning the Hawaiian language, arts and crafts with Hawaiian elders and much more. Daily 9:00 am - 3:00 pm  Schedule: http://www.outrigger.com/documents/brochures/kbr_cultural_program_011110.pdf Johnny McElree johnny@johnnymcelree.com http://www.hawaiiluxurylistings.com/  
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By Kona Home Team (luva llc) Lance Owens (RS), Getting transactions done, when nobody else can!
(Kona Home Team (luva llc))
If your looking for a great Real Estate deal in Kailua Kona, Hawaii, you need to see me. With 49 successful - Short Sale, Foreclosures, REO, Bank Owned closings  your going to be hard pressed trying to find a Realtor with more experience - In fact I am pretty sure I have closed more Short Sales than any other agent on the Big Island (26). These are just my statistics, if you take the entire short sale team we have assembled, we are way into 100s of  closed short sales! Currently we are interviewing Buyers for some of our Pre Foreclosures - ---Currently interviewing Buyers??? ----- I know, your sitting there saying - whats this guy on? Nothing - REALLY! Let me explain this a little better, when you start pumping out these short sales like a machine, you have a lot of them sitting in the ...
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By Kona Home Team (luva llc) Lance Owens (RS), Getting transactions done, when nobody else can!
(Kona Home Team (luva llc))
Beautiful ocean view from both lanai's, great location in the complex; near the poolwatch the sunset year round from your kitchen, livingroom, dining area, and master bedroomunit in excellent conditiiongreat price; a must seeWalking meter - rated 10+ Kahaluu BeachMovie TheatresDiningShoppingAll under a mile ! Golf Course and Boat Harbor - maybe about a mile away.$375,000 pricing includes $10,000 to seller for furnishings, website, future bookings, and client list. Also includes all back HOA fees - this is a steal at this price - current owner paid $730,000 when it was new construction! Co-listed Lotus Golden (808) 895-9536 or Lance Owens (808)-936-8383      Aloha, and have a great day   Lance Owens (RS) (808) 936-8383 Lance@KonaHomeTeam.com www.KonaHomeTeam.com Aloha Kona Realty Inc. 78...
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By Kona Home Team (luva llc) Lance Owens (RS), Getting transactions done, when nobody else can!
(Kona Home Team (luva llc))
b> View more photos of this property at: http://KonaHomeTeam.com – Click on Featured Listings to the left and they are sorted by price. http://KonaForeclosures.com – Click here to sign up for instant updates on the Hawaii MLS system Aloha and have a great day! Lance Owens (RS) (808) 936-8383 Email me direct Lance@KonaHomeTeam.com Visit my website below for more listings, current Hawaii MLS market reports, Maps, Big Island Links, Kona Coffee, Mortgage Calculator, Weather Reports, and more! http://KonaHomeTeam.com Aloha Kona Realty Inc. 78-6740 Alii Dr. – Suite 5, Kailua Kona, Hi 96740 Serving these areas: Kailua Kona, Keauhou, Kealakekua, Captain Cook, Waikoloa, Waimea, West Hawaii, and Hawaii Island . Lance Owens | Aloha Kona Realty Inc | lance@konahometeam.com | 808-936-8383 75-6081 AL...
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By Kona Home Team (luva llc) Lance Owens (RS), Getting transactions done, when nobody else can!
(Kona Home Team (luva llc))
I just had the bank counter an offer we had in on this 3 bedroom, 2 bath condo over at Alii Lani - bank said $175,000 - incredible pricing, considering a 2 bedroom closed today in there for $180,000. THE BUYER WALKED - I know - it happens all the time - I have over 20 short sale closings and I cant think of a single one that closed with the original Buyer - unless I was also the buyers agent. You can talk to other agents until you are blue in the face - PREPARE, PREPARE,PREPARE your buyer for the WAIT - just rarely ever happens. Anyway - back to this deal - the only other 3 bedroom 2 bath unit that has closed in there recently for under $195,000 - was my other listing - closed on Friday - $163,000 - needed complete remodel - this is a far better deal!  Shoot me an email or visit my webs...
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By Kona Home Team (luva llc) Lance Owens (RS), Getting transactions done, when nobody else can!
(Kona Home Team (luva llc))
Hawaii MLS reports that June home sales, for Kailua Kona are up 60% over last June, and are the best since 2006. I know you hear it from me all the time (hopefully your not tired of it) but this is now the 16th month straight - that home sales have increased. I know I have talked about supply and demand will dictate pricing, but the  median home price was listed as down <3.23%> That's a far cry from the past few years of <20-30%>  decrease in median price. So if you're sitting there saying - I wonder when the bottom will hit? Your probably already missed it - when you start getting multiple offers again, and you look at the quality of home that sits out there for more than 90 days, you can see the difference. In fact I have personally experienced (and here it from multiple other agents)...
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By Kona Home Team (luva llc) Lance Owens (RS), Getting transactions done, when nobody else can!
(Kona Home Team (luva llc))
19 days into the month and Home sales, condo sales, land sales, have outsold 2009, 2008, 2007 - June numbers for total month - sales. And it is the 3rd time I have seen median home prices UP this year. i wonder what the month end will bring us ? home sales up 50%? Condo Sales up 110%? Land sales up 90%? Lets see how well my crystal ball is working this month - any takers :)  By the way - vacation has been awesome, keeping up while on the road, but so far we have seen, Zion NP, Yellowstone NP (white out blizzard, snowed in, avalanche), caught 11 rainbow trout, 1 cutthroat trout, saw a bear, moose, bison, deer, Grand Tetons, Black Hills, Mt Rushmoore, St Louis Cardinanls win 8-0, the St Louis Arch, Zoo,  City Museum, and a TON more - will catch up later on all that Aloha, and have a great...
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By Kona Home Team (luva llc) Lance Owens (RS), Getting transactions done, when nobody else can!
(Kona Home Team (luva llc))
Lance Owens | Aloha Kona Realty Inc | lance@konahometeam.com | 808-936-8383 77-6469 Alii Drive, Kailua Kona, Hi, HI White Sands Village - located across the street from Magic Sands Beach 2BR/2BA Condo offered at $299,000 Year Built 1976 Sq Footage 1,010 Bedrooms 2 Bathrooms 2 full, 0 partial Floors 1 Parking Unspecified Lot Size Unspecified HOA/Maint $638 per month DESCRIPTION Looking for Privacy? Want a Quiet Location? Still want Ocean Views? Want to be across from the best beach in Kailua Kona? Then this is the one for you, located at the rear of the complex, where you can still leave your shades open, no one waiving at you from the lanai across the way, leave your doors open also - no noise from all the fun of - Pool activities - Traffic noise - Let the front 2 building's take care ...
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By Kona Home Team (luva llc) Lance Owens (RS), Getting transactions done, when nobody else can!
(Kona Home Team (luva llc))
You know the rumor around town is - not - when will the market come back, it's more like - what month did it actually,  already come back! With May of 2010 MLS numbers officially in - and sales increasing by 113% over last May, in fact looking back at the condo sales for the past 5 years - you would have to go back to the year 2005 to see more sales than we saw last month! You know - I have been telling my clients this is great time to buy - i see many sales at prices below the cost of building the units new, and at the the increased number of sales, well you know how the sales guy on TV says - "we cant do this all day long now" (the chop it - nut guy) - SUPPLY and DEMAND - the prices are going to start climbing. In fact every month this year has outsold last year (2009) many outsold 20...
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By Kona Home Team (luva llc) Lance Owens (RS), Getting transactions done, when nobody else can!
(Kona Home Team (luva llc))
Lance Owens Realtor, Kailua Kona, specializing in foreclosures, short sales, bank owned, reo, property - Homes and Condos Lance Owens | Aloha Kona Realty Inc | lance@konahometeam.com | 808-936-8383 76-6305 HAKU PL, Kailua Kona, Hi, HI Legal Ohana Area - Great Ocean Views 3BR/3BA Multi-Family, 2 units offered at $399,999 Year Built 1985 Sq Footage 1,728 Bedrooms 3 Bathrooms 3 full, 0 partial Floors 1 Parking 2 Car garage Lot Size 7,869 sqft HOA/Maint $0 per month DESCRIPTION NOT a short sale Repsonsibilty: Seller will credit back $10,000 at closing to apply towards new Septic System ( with full price offer) Central location - in the heart of Kailua Kona, in a Cul-de-Sac. This 2 bedroom, 2 bath main home, with an office that could be converted to a 3rd bedroom has ocean views from just ab...
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By Kona Home Team (luva llc) Lance Owens (RS), Getting transactions done, when nobody else can!
(Kona Home Team (luva llc))
Lance Owens, Kailua Kona Realtor specializing in foreclosures, bank owned properties, and short sales Lance Owens | Aloha Kona Realty Inc | 808-936-8383 76-6408 PUALANI STREET, Kailua Kona, Hi, HI Bank Approved Pricing!!! - See Details Kona Vista's - great location, private gated community, tennis courts, 3BR/2BA Single Family House offered at $399,000 Year Built 2003 Sq Footage 1,950 Bedrooms 3 Bathrooms 2 full, 0 partial Floors 1 Parking 2 Car garage Lot Size 16,601 sqft HOA/Maint $475 per month DESCRIPTION bank Approved a sales price of $410,000. - buyer countered at $399,000 and is unable to perform - need an offer asap! Not only are you in a nice community to begin with, you are in a gated portion of that community which will enhance your new home's atmosphere of quiet, secluded el...
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By Kona Home Team (luva llc) Lance Owens (RS), Getting transactions done, when nobody else can!
(Kona Home Team (luva llc))
Lance Owens | Aloha Kona Realty Inc | lance@konahometeam.com | 808-936-8383 75-6081 ALII DR, #Q202, Kailua Kona, Hi, HI Bank Approved pricing on a Short Sale 2BR/2BA Condo offered at $160,000 Year Built 1996 Sq Footage 723 Bedrooms 2 Bathrooms 2 full, 0 partial Floors 1 Parking 2 Uncovered spaces Lot Size Unspecified HOA/Maint $370 per month DESCRIPTION Public Remarks - UPDATE 5/8/2010: BANK APPROVED SALES PRICE Bank has approved a sale price of $157,000 but are not willing to pay back maintenance fees - fees are still being negotiated and the current buyer walked - this deal is wide OPEN! Building sits tucked away in the back, south corner of the complex, has a great grassy area out front. Owner started cleaning this unit up, painting, removed the old carpet, and ran out of money. You...
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By Kona Home Team (luva llc) Lance Owens (RS), Getting transactions done, when nobody else can!
(Kona Home Team (luva llc))
  If you have been following my blog you already know that Kailua Kona sales have been steadily increasing for 10 months straight now - in fact many of these months, home sales have actually been better than 2009, 2008, 2007, and 2006. And from a personal standpoint - only 1 of the 16 sales I have closed in the past 12 months took advantage of the Tax Credit, so don't believe the hype that- this was the fuel for the fire.  I believe we have actually turned around, as far as the numbers of sales go. Now as far as median prices go - we are still declining - not near as fast though - in fact, if you read the sales report you will see that Home prices increased by almost 10% last month - but don't believe what you see  - we had huge inventory of high end properties sell in February. In fact...
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By Kona Home Team (luva llc) Lance Owens (RS), Getting transactions done, when nobody else can!
(Kona Home Team (luva llc))
Lance Owens | Aloha Kona Realty Inc | lance@konahometeam.com | 808-936-8383 76-6305 HAKU PL, Kailua Kona, Hi, HI Legal Ohana Area - Great Ocean Views 3BR/3BA Multi-Family, 2 units offered at $399,999 Year Built 1985 Sq Footage 1,728 Bedrooms 3 Bathrooms 3 full, 0 partial Floors 1 Parking 2 Car garage Lot Size 7,869 sqft HOA/Maint $0 per month DESCRIPTION Central location - in the heart of Kailua Kona, in a Cul-de-Sac. This 2 bedroom, 2 bath main home, with an office that could be converted to a 3rd bedroom has ocean views from just about every room in the house, huge lanai with an outdoor kitchen area. I had to see 5,6 whales while I was there signing the listing agreement - the photos do not do justice to how good the views are. Big BONUS is the permitted Cottage (Ohana) behind the ho...
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By Kona Home Team (luva llc) Lance Owens (RS), Getting transactions done, when nobody else can!
(Kona Home Team (luva llc))
Its not even the end of the month yet,  and we have already surpassed last years numbers - in fact Condo Sales are off the chart - over 162% from last years sales. In fact we are already ahead of 2008 and 2007. We even stand a chance of catching up to 2006 numbers !  Kona is doing great. Stay tuned for the entire report at the begining of March and for all the previous reports log onto my website and click on the - Market Reports - tab you see on the left. www.KonaHomeTeam.com In the meantime take a look at why the numbers are off the charts, here is a 3 bedroom, 3 bath, 2 story, luxury Condo with awesome ocean views - over 1700sqft of living area plus a garage! Listed at $399,000   Aloha, and have a great day   Lance Owens (RS) (808) 936-8383 Lance@KonaHomeTeam.com www.KonaHomeTeam.com...
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