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The Transient Accommodations Tax

Hawaii remains world-class for the vacation-seeking public, especially after the COVID lockdowns of 2020. Interestingly, we have observed the most significant influx of east coast and midwest visitors to the resorts we remember in the last 20 years. These visitors, combined with the typical west coast tourists, are causing 90% occupancies, packed restaurants, and the… Read More »

July 2021 Island of Hawaii Real Estate Update

Hawaii Island Real Estate in all classes including land continue to be strong sellers in July 2021.  I believe the best comparison is between 2019 and 2021 statistics as 2020 was a “shut down” year with few buyers or sellers actually on island and able to make decisions while present within the market place.  Post… Read More »

In Escrow-Newer Sunset Ridge-3-Car Garage

3-Car Garage, End Of Cul-De-Sac, 1800 plus square feet I just put into escrow after 30 days on the market, the largest, single Level plan in the newer section of Sunset Ridge. This home is located at the end of the cul-de-sac, and features heavy landscaping and rock walls. There is plenty of storage for… Read More »

Large Solar array above Waikoloa Village

(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… Read More »

Lofts at Waikoloa Village

If you head up or down Waikoloa Road near the existing shopping center a new shopping center addition is almost finished which will feature among other amenities rental apartments.  They are very distinctive looking featuring a 3-story building with an almost flat roof with what is obviously the same floor plan stacked with a small… Read More »

Market Update – June 2021

The Hawaii Island real estate sales market was boiling January through April and has now boiled “dry” with no water left in the pot. Pending sales are stalled due to the lack of inventory for all classes of real estate except land and developed lots. The year-over-year statistics do not reveal much since the few… Read More »

Do Not Feed The Eels

The ponds at Makaiwa Bay-Makaha Maintenance and Renewal One early morning last week, on our early morning walk-and-talk, we noticed Oscar and crew disassembling the water sluiceways used to regulate fish and water flow in and out of the oceanfront pond at Makaiwa Bay. It was a super low tide caused by the Summer solstice… Read More »

For Sale – Newer Sunset Ridge Home

Sunset Ridge 3-Car Garage End Of Cul-De-Sac 1800 plus s.f. Hurry to see the largest, single Level plan in the newer section of Sunset Ridge. This home is located at the end of the cul-de-sac, and features heavy landscaping and rock walls. There is plenty of storage for cars and toys in the 3-car attached… Read More »

In Escrow-Kapuna Road in Scenic Ahualoa

I just put into escrow this stunning, private, 5-acre, gentleman’s estate is tucked away and bordered on one side by a seasonal stream in a forested setting. The property includes a mature landscape of organic fruit orchard, banana grove, blessed with a healthy strand of red flowering lehua ohia, and a large stocked pond, providing… Read More »

Market Update May 2021

In May 2021, the Big Island continued to experience major movement in total sales and median sales prices when compared to last year’s market, with the single-family home price up 35% to $499,500 and the condo price up 38% to $439,000. Homes this month sold on average 41 days faster compared to May 2020, and… Read More »

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