CoreLogic® reports the highest ever yearly price/value increase for all classes of real estate since they first started accumulating data in 1976, for the month of July 2021-18%.  Hawaii Island Real Estate continues the same trajectory.  See the stats highlighted below for emphasis.  I’ve always contended vacant land will be the last class of Real Estate to BOOM as buyers opt to build their dream homes versus buying a resale offering.  Our market is forcing the "Buy a lot and build a house"  option as there is very little speculative and resale home offerings being offered-see the stats highlighted in RED!  Fewer transactions tend to skew the monthly comparison stats but the Year Over Year stats tell the story!!! CONTACT ME TO LIST AND SELL YOUR PROPERTY QUICK!!!!!! Hawaii Information MLS Highlights: August 2020 VS August 2021 Transaction Stats Island Wide: 22.55% Increase in total number of transactions 33.86% Increase in Vacant Land transactions 38.46% Increase in Condominium transactions 9.13% ...

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(click image to open PDF) You may have noticed a large scale construction site on the south-side of Waikoloa Road, approximately, 1-mile mauka of Waikoloa Village. This will be the largest solar array on Hawaii Island by a long shot. AES Distributed Energy was approved, in the last 4 years, to build a 30 MW solar photovoltaic array and 120 MWh, battery storage system. The entire system will produce electricity that will be sold to the Hawaiian Electric Co.’s via its renewable project initiative. In 2018, the Hawaiian Electric Companies (HECO) issued the largest ever Request for Proposals (RFP) for renewable energy in the state’s history. Through that process, eight projects were selected including AES Clean Energy's Waikoloa Solar + Storage Project. Waikoloa solar + storage project overview 30 MW ac solar photovoltaic 120 MWh containerized lithium-ion battery energy storage system (BESS) Feeds into Hawaiian Electric (HECO) grid, providing power to Hawai‘i Island customers Located in South Kohala District of H...

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I swim regularly at Hapuna Beach State Park. Its vast expanse of over .5 mile wide is easily accessible and a perfect 1-mile swim round trip. The bay is a virtual swimming pool and real-life surf break for open water swimmers, snorkelers, and bodyboarders. I've participated in the Hapuna Rough Water Swim race as well and viewed the start to the Honu, Half Ironman Triathlon there several times.  It’s the perfect location for both events even thought the Honu event is actually taking place this weekend entirely within the Mauna Lani Resort for the first time today.  The swim start was at The Fairmont with swimmers sent in a southerly direction toward our beach club.  More on that event in the next Blog Post. This week, Dr. Stephen P. Leatherman, aka “Dr. Beach,” named Hapuna Beach State Park “America’s Best Beach” for 2021. Dr. Leatherman is a coastal expert and a professor at Florida International University and has assembled a list of his favorite US beaches for 31 years. In the past, Dr. Beach has acknowledged n...

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Hawaii Information Service Statistics-Kohala Coast Resort Market Click Here for full report March 2021 vs 2020 Consolidated Statistics Island of Hawaii: Unit Volume Listings Sales   Homes +20% +25% Condos +20% +100% Land +16% +45% Hawaii Information Service-Total Active Listings as of 5.10.21: Resort Homes Land Condominiums Mauna Kea 5 11 0 Mauna Lani 3 4 2 Waikoloa Beach Resort 3 1 10 Total 11 16 12 Corelogic Report Highlights Corelogic March 2021 Historic Data Comparison Home Price Insights - CoreLogic -Home prices nationwide, including distressed sales, increased year over year by 11.3% in March 2021 compared with March 2020 and increased month over month by 2% in March 2021 compared with February 2021 (revisions with public records data are standard, and to ensure accuracy, CoreLogic incorporates the newly released public data to provide updated results). -The CoreLogic HPI Forecast indicates that home prices will increase...

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Wall Street Journal article features my clients and my quotes on February 27, 2020 Lissette and I became acquainted with Nancy Keates, a Corespondent with the Wall Street Journal, recently as she was a guest at one of our client’s property. I began corresponding with Nancy before her arrival when Lissette learned that her trip was to research an article that was published today on Thursday, February 27, 2020. Nancy and I corresponded during the past month as she compiled statistics, research points, and more regarding all of the resorts mentioned in the article, including the final editing this week. Two of my clients, who have purchased real estate within the Mauna Lani Resort in 2019, are quoted in the article, the Prevost family, and Anthony Giuffre. A full photo spread of the Prevost’s fabulous home and a great shot of Doug and Marcie themselves is featured. Thank you, Nancy, for allowing me to participate in the research for your article! It was very informative and accurate!! Link to Article Link to a PDF Vers...

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