Waikoloa, HI Real Estate News

By Rob Dalton, Big Island Vacation Rental Guru
(Waikoloa Vacation Rentals)
I just had a video make of Kolea at Waikoloa Beach Resort where the majority of our vacation rentals are. Check it out and let me know what you think. Have you done video? How did it effect your SEO and conversion?
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By Rob Dalton, Big Island Vacation Rental Guru
(Waikoloa Vacation Rentals)
I recently completed two of my business pages on Facebook and Google+ and compared them.  I wanted to get your feedback on what you thought about the two platforms. Simplicity to Build- Google+While both of them were fairly straight forward to build, I found the Google+ page slightly easier to build.  The only downside I saw was that Google+ has a Video section and would not easily allow you to upload videos from YouTube, which I thought was a reasonable function giving the relationship of Google+ and YouTube. Look and Functionality- Google+Google+ offers a cleaner look and also is easy to interact on different levels with others.  Users- FacebookAt the end of the day, Facebook has a significant amount more of users, which to me is the most meaningful of anything.  In the year I have be...
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By Beth Thoma Robinson, R(B) SFR - Hawaii Island Luxury Resort Real Estate
(Hawaii Life Real Estate Brokers Big Island)
If you are still looking for a deal at oceanfront Halii Kai at Waikoloa Beach Resort, here's a rather sobering report. Whale watching from the Halii Kai Ocean Club is popular with owners and rental guests. All Halii Kai Short Sales Currently Have Offers For the first time in several years, there are no active short sale listings at Halii Kai.  There are seven short sales showing "contingent" which means anything from a new offer was just submitted to the banks for approval, to escrow having been opened. Those in early stages would probably still accept back-up offers. Halii Kai Developer Almost Sold Out For years prospective buyers have felt a lack of urgency knowing that the developer still had a substantial number of unsold units. Now that picture has changed.  All their ocean view an...
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By Beth Thoma Robinson, R(B) SFR - Hawaii Island Luxury Resort Real Estate
(Hawaii Life Real Estate Brokers Big Island)
One of the only two remaining foreclosures in the pipeline at the luxury Kolea condos at Waikoloa Beach Resort came on market a few moments ago.  The 2 bedroom groundfloor condo Kolea 15G is priced at $429,900 (MLS 251456). Even a foreclosure at Kolea still has the pocket doors and summer kitchen on the lanai. I don't think it is accidental that the listing agents for REO properties (bank-owned after foreclosure) release their hot listings on Friday afternoon.  If history repeats itself, the lucky new owner will be either a cash buyer or one with the foresight to have a prequal letter in hand to submit an offer over the weekend. If that's a bit too quick for you, or you prefer the 3rd floor, Kolea 16J (my listing) had a price reduction to $499,000 today.  That is a short sale and also r...
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By Beth Thoma Robinson, R(B) SFR - Hawaii Island Luxury Resort Real Estate
(Hawaii Life Real Estate Brokers Big Island)
For the first time in several years, as 2012 begins there is not a single 3-bedroom Halii Kai condo for sale that is a distressed property (short sale or bank-owned "REO" post-foreclosure).   As reported in my October Halii Kai update, the developer is nearly sold out.  They actually released their model home of the groundfloor 3bed/2bath Kipuka floorplan as they have nothing left in this floorplan.  And there are no short sales without offers in this popular floorplan either!  The two least expensive choices are both in Building 17...$500-549,000 asking prices for a furnished condo with rental bookings in place. View from the lanai of Halii Kai 15H, direct oceanfront privacy for $1,239,000 (MLS 240035) On the heels of our sale of Halii Kai 15E we listed the same 3 bedroom condo on 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))
Vista Waikoloa Condominium Complex, has a surprising amount of Foreclosures and Short Sales. In fact,  the Association Of Apartment Owners (AOAO) has foreclosed on 7 units alone, now operating 6 of them as rental units. (according to public records - AOAO owned units - A103, A204, B105, B106, D103, E203) F201 was also recently owned by the AOAO, but foreclosed upon by the bank. In fact if you look at the public records, Hawaii MLS reports,  that out of the last 9 sales - 4 were distressed properties, either a short sale, pre foreclosure, or foreclosure - thats nearly 50% of all sales - worse yet,  if you add the 7 - AOAO foreclosures, on top of the "distressed property" sales - you have a 2 to 1 ratio - over non distressed sales.   On an up-note, with most of the sales averaging in the ...
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By Beth Thoma Robinson, R(B) SFR - Hawaii Island Luxury Resort Real Estate
(Hawaii Life Real Estate Brokers Big Island)
In 2010, there were 12 condos sold at beachfront Kolea at Waikoloa Beach Resort--seven of them distressed properties (bank-owned REOs or short sales). As of this morning, 13 Kolea villas have closed in 2011--nine of them distressed. There are also two short sales still in escrow, and two non-short sales in escrow, one of which will close before year end. That is an incredibly consistent level of demand for the past two years.  The question is whether it can be sustained in 2012, given that as of today we have only one distressed listing at Kolea and there is a significant gap between distressed and non-distressed pricing. All Kolea villas have the upscale finishes; Kolea 16J is now lowest priced at $525,000 (MLS 233827)  There are only two active listings which are short sales and I've ...
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By Johnny McElree
(Live Your Dreams!)
The sunny northwest coast of Hawaii’s Big Island is a very appealing destination not only for its beaches, lavish resorts and golf courses, but for a host of other fun activities, as well. Read Full Article   Hitch A Ride With Me, I'll Take You Home! Johnny McElree Johnny@JohnnyMcElree.com www.HawaiiLuxuryListings.com
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By Johnny McElree
(Live Your Dreams!)
New on Market: 72-145 Lipoa Pl - $6,395,000 Four Seasons Hualalai Resort - Lipoa Estates: This immaculate 4 bedroom, 4.5 bath custom residence has over 4,570sf. of interior living area with an additional outdoor covered area extending over 2,000sf. The residence provides... Read more about this listing at: http://www.hawaiiluxurylistings.com/property.php?mls=249874 Hitch A Ride With Me, I'll Take You Home! Johnny McElree Johnny@JohnnyMcElree.com www.HawaiiLuxuryListings.com
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By Johnny McElree
(Live Your Dreams!)
November 14-21Impact a child's life with a simple shoe box gift. FIll a shoe box with school supplies, toys, necessity items, and a note of encouragement for children overseas suffering due to disaster, disease, war, terrrorism, famine and poverty. National Collection Week for Operation Christmas Child is November 14-21. There are collection sites around the Kailua Kona area including one in Kamuela at the Waimea Assembly of God. To find a location near you, visit www.samaritanspurse.org/occ Hitch A Ride With Me, I'll Take You Home! Johnny McElree Johnny@JohnnyMcElree.com www.HawaiiLuxuryListings.com
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By Johnny McElree
(Live Your Dreams!)
  November 17-20The fifth annual Asia Pacific Junior Cup will be conducted November 17-20 at the beautiful and challenging Waikoloa Beach Resort Kings’ Course on the Big Island of Hawaii. Ryder Cup-style international tournament, which features the top 16 juniors from Japan and Hawaii, with each team being represented by 10 junior boys and 6 junior girls. A portion of Junior Am will benefit the HSJGA, the Waikoloa Foundation and the American Red Cross for Tsunami Relief in Japan. The tournament will officially begin with the Opening Ceremony on Wednesday, Nov. 16, followed by three days of Ryder Cup style play (juniors will square off in Four-Ball, Singles and Foursome matches for three days). The tournament is open to the public and always proves to be an exciting and wonderful cultura...
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By Johnny McElree
(Live Your Dreams!)
November 19 & 20Waikoloa Soccer Club will hold the inaugural Waikoloa 3v3 Soccer Shoot-Out Nov. 19-20 at Hooko State Park in Waikoloa Village. The tournament is a qualifier for the Kick It 3v3 World Championships at Disney World in Orlando, Fla., set for January. View tournament info at: http://www.kickit3v3.com/tourinfo.aspx?tournament_id=550http://www.kicktvhawaii.com/   Hitch A Ride With Me, I'll Take You Home! Johnny McElree Johnny@JohnnyMcElree.com 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))
Looking for something to do this Friday?  Friday, November 4 · 5:30pm - 7:30pm 68-1330 Mauna Lani Drive   The Shops at Mauna Lani Get your $40 presale tickets at Monstera, Ruth’s Chris Steak House, Tommy Bahama or at The Shops at Mauna Lani management office, Suite 100. Otherwise, $50 at the door. Tasting tables will include 20-30 fine wines, beer and delectable food samplings featuring all the restaurants at The Shops at Mauna Lani -- including Just Tacos, which will open in November! Each ticket can be reused for $15 savings at Monstera, Tommy Bahama, Ruth's Chris Steak House and Just Tacos with purchase of 2 entrees. That's a total savings of $60 per ticket!Tickets are $40 Presale or $50 at the door.For more information or details, call (808) 885-9501 or email socialmedia@shopsatmaun...
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By Johnny McElree
(Live Your Dreams!)
New Listings Week of October 18th, 2011 Kolea Resort – Condo Villa 12B $1,695,000Kolea is the only beachfront condominium community on the Kohala Coast, and Villa 12B is on the second floor . Week of October 14th, 2011 Kamuela (Waimea) Hawaii68-128 Pukaua Place , Kamuela4bd/4.5 ba 23,494 sfPrice:  $1,750,000 Week of October 7th, 2011   NEW!  Kolea Resort – Condo Villa 2F $1,899,000Outstanding Kolea Penthouse, completely designer redecorated and refurbished very recently. New tile, furniture, artwork, paint, etc-all very beautifully done. Week of October 7th, 2011 New Sales Hualalai Resort72-135 Kuikawa Place5 bd/5.2 ba 40,261 sfSold: $12,250,000 Come live your dreams on the Kohala Coast today! Set up an appointment to see one of these listings or inquire about another.
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By Beth Thoma Robinson, R(B) SFR - Hawaii Island Luxury Resort Real Estate
(Hawaii Life Real Estate Brokers Big Island)
To date, there have been only three resales (non-developer sales) at Halii Kai that were not short sale or foreclosures.  My partner Pam and I just listed and sold Halii Kai 15E for $1,050,000, and although the sellers brought money to closing, it did not go through the short sale process. In other words, there have only been a total of 20 resales at Halii Kai, of which 7 were bank-owned and 10 were short sales. All three of the non-distressed sales were direct oceanfront condos (and I can proudly say, all were my listings or co-listings). Excluding developer inventory, there are currently 13 active listings at Halii Kai. But here is the big change: only three of these are short sales, and among them are some competitively priced units that come furnished and in some cases with strong r...
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By Rob Dalton, Big Island Vacation Rental Guru
(Waikoloa Vacation Rentals)
With the continuing struggles of the economy not many investment properties are having any success.  Of the many properties we manage at on the Big Island of Hawaii, Kolea at Waikoloa Beach Resort is the only one that seems to be on the rise. Kolea is a luxury beachfront community offering 2 and 3 bedroom villas.  While the property as a whole has seen success, the spacious "front row" three bedroom villas have seen the biggest rise in popularity, which is a bit astouding given that many would think less expensive properties would have more success. These villas are over 2000 square feet and offer the best views Kolea has to offer.  The most popular aspect of these villas is that they all are less than a three minute walk from the Kolea Beach Club, which offers direct beach access.  The...
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By Rob Dalton, Big Island Vacation Rental Guru
(Waikoloa Vacation Rentals)
On the Big Island of Hawaii we have run into a lot of issues lately with quality control on VRBOs (Vacation Rentals by Owners).  Although some guests do have positive experiences, the horror stories of renting through VRBOs is multiplying to the extent that I believe it is hurting my business as a vacation rental company. The most common issue of late are guests arriving to a dirty vacation rental and not being able to get a hold of the owner on the mainland to have it taken care of.  In these cases either the owner did not have an on-island contact or they were unresponsive. Is anyone else having similar issues or have any thoughts? Here is a post I wrote about why I think it is better to go with a management company versus a VRBO
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By Rob Dalton, Big Island Vacation Rental Guru
(Waikoloa Vacation Rentals)
  Google places was a great idea google started a few years ago, but even after a few years they are struggling to have success with it. Since Google is giving high weight to Google places and is placing it on the front page of many of searches, many people are trying to get their information on there. The thing I find most interesting is that after years Google is still struggling big time in making Google places a true success.  Many times I try to use it to get information on how to get somewhere and find the information to be wrong. My listing with Google Places is very screwed up.  I have done everything I should to get Google the correct info and if you look below the address is the address of a vacation rental company, but not the address for Kolea, the phone number is of a diffe...
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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))
Real Estate Recovery in Hawaii with Realtor Lance Owens, Aloha Kona Realty Inc, www.WestHawaiiCondos.com  2011 Real Estate sales in West Hawaii are just seeing some incredible sales numbers. Today we are here to talk about the  South Kohala, Waikoloa areas, and they are no different. Although July sales were good, the (YTD) Year to Date numbers are  staggering, do you know that YTD, these areas are up 42.86% - Number of Condos sold – Not bad Hawaii. Do you know what this means in $Dollar figures – Over $14,000,000 more money put into the economy this year alone Even better news, 2010, July, Year to Date sales: were up 98% - yes 98% over 2009. This is pretty good evidence, with 2 years of solid recovery, that Hawaii is a good place to BUY. A few more facts: Did you know last year, “Islan...
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By Rob Dalton, Big Island Vacation Rental Guru
(Waikoloa Vacation Rentals)
The Waikoloa Beach Resort is one of the top vacation destinations in the world.  It is also home to the Hilton Waikoloa, one of the largest and most well known hotels in Hawaii.  In the early 2000s a new beachfront development was built, Kolea. Kolea offers luxury two and three bedroom villas with square footage up to 2200.  Each of the villas have luxury accents such as granite counters, stainless steel appliances, mahagany wood, and stainless steal grills on the lanais.  The "front row" three bedroom villas offer easy beach access and magnificent ocean views. As the years have passed Kolea has become a popular destination in Hawaii.  It has received the #1 place to stay in Waikoloa Beach Resort by TripAdvsor.  Although the economy has struggled, the popularity of Kolea has increased o...
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