Archive for the ‘Hawaii Real Estate’ Category

Waikoloa Market Update ~ October 2017   Leave a comment

Aloha and happy Monday to you! The Waikoloa market is going strong with slightly more than 3% appreciation in the last 3-months, click here for: Full Market Report, over the previous three (click here for: homes sold in that period).

The previous three included several bank owned homes to lower the average price. Inventory is still limited. There are more buyers than inventory. Buyers today are less likely to invest sweat equity, preferring a home in good condition, ready to move in and priced at market. Homes within these parameters will sell in days to buyers waiting for the right home at the right price. Not a bubble market where everything sells at any price. You can see this reflected in the full report that shows homes overpriced or in poor condition still languishing on the market. Saw some new homes finished well that did not seem grossly overpriced finally sell when the price was lowered to the market value. There are a lot of buyers who are patient and exercising good judgement. Banks continue to expand their loan programs to be more accessible to a wider range of buyers while adhering to conservative lending practices. No funny money if you can breathe loans!

Rental market remains very tight and monthly rental rates continue to rise. Average rent in Waikoloa now hovers between $2,000-$2,500 per month. Unemployment is very low with a strong construction and high visitor counts. There is a labor shortage in many sectors and lack of rentals discourages new labor sources.

There are developers starting to move on purchasing shovel ready projects or dusting off their plans to get ready to start building more homes. The Vista Waikoloa project is an appealing project of around 30 or so homes starting around $600,000. It is another Town home project with good design and finishes.

Ainamalu at Waikoloa Beach Resort is a very attractively priced community for resort homes. It is a green development offering photovoltaic power, propane farm piping gas to the homes (rare to have this set up on the Big Island) and eco-friendly construction. No great views but beaches within walking and biking distance is a big draw as are the Greenways throughout the neighborhood. The soon to be built community center is pretty WOW. They are moving forward with construction steadily and expect to start delivering completed homes soon. Demand is very solid for this project.

Please feel free to call anytime to discuss Waikoloa further. Always good to hear from you!

Aloha and a hui hou~
Karen E. Bail, RB-16072

808-936-4640

Fax: 808-883-2263

kebail@aloha.net

http://www.KarenBail.com

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Out of the Darkness Big Island Walk in Waimea on October 7th   Leave a comment


Out of the Darkness Big Island Walk

When you walk in the Out of the Darkness Walks, you join the effort with hundreds of thousands of people to raise awareness and funds that allow the American Foundation for Suicide Prevention (AFSP) to invest in new research, create educational programs, advocate for public policy, and support survivors of suicide loss.

Date: 10/7/2017 (Saturday)

Address: Waimea Elementary Field, 67-1225 Mamalahoa Hwy Kamuela, HI

Time: 8:00am

Cost/Cover: Free

Web Page: https://afsp.donordrive.com/index.cfm?fuseaction=donorDrive. …

Contact Info: For more details, call 808-339-1794.

Thanks to Walkers and Donors like you, AFSP has been able to set a goal to reduce the annual suicide rate 20% by 2025.


The American Foundation for Suicide Prevention is dedicated to saving lives and bringing hope to those affected by suicide. AFSP creates a culture that’s smart about mental health through education and community programs, develops suicide prevention through research and advocacy, and provides support for those affected by suicide. Led by CEO Robert Gebbia and headquartered in New York, AFSP has local chapters in all 50 states with programs and events nationwide. Learn more about AFSP in our latest Annual Report, and join the conversation on suicide prevention by following AFSP on Facebook, Twitter, Instagram, and YouTube.


Photo + Article courtsey of: http://www.whofish.org

Karen E. Bail

808-936-4640

Fax: 808-883-2263

RB-16072

kebail@aloha.net

http://www.KarenBail.com

Price REDUCED! 44-3173 Kalaniai Rd Honoka’a, Hawaii🏡   Leave a comment

Price REDUCED!! 

Character….history….a storybook setting make this Kalopa property standout from the ordinary!

🔹44-3173 Kalaniai Rd Honoka’a

🔹3BDRM ~ 1Bath

🔹$399K

This home incorporates into its core the Old Paauilo School, moved to this property from its original location many years ago. Additions over time have enlarged this shingle covered residence. Ocean views peak out form the trees. A large barn with bath and office was built later to accommodate the horses who once roamed these pastures. Could be used as a barn, a warehouse or a workshop…..lots of potential. Attached to the barn is a two bay carport, adding parking spots to the other carport fronting the home. Your vision and some tender loving care can turn this into a true charmer. 

The property is located about a half mile below the entrance to Kalopa State Park. Ride your horse up to the park to take advantage of the parks equestrian trails. Enjoy the quiet neighborhood where Io fly. This nearly 5-acres extends from Kalaniai Road to Kalopa Gulch at its rear boundary. The house and barn sit through the gate at the rear portion of the lot. Road front paddocks create a buffer zone that hides the home and barn from the street. 

Do you see your horses and cows happily munching through the pastures? Its time to turn that dream into reality…..a homestead of your own in Kalopa!

Shown by easy to arrange appointments. Listing agent prefers to be present.

Karen E. Bail

808-936-4640

Fax: 808-883-2263

RB-16072

kebail@aloha.net

http://www.KarenBail.com

Volcano Rain Forest Runs ~ Saturday August 19th   Leave a comment

Volcano Rain Forest Runs – Held in a very unique venue these races are among the most interesting found anywhere. Run at the cool, 4,000-foot elevation of Volcano Village through a native rainforest with beautiful views of Mauna Kea and Mauna Loa volcanoes. 

Half marathon, 10K or 5K run/walk for all ages/abilities, keiki runs and much more. Take part as a runner, walker, volunteer or spectator. 

Not a runner but want to earn a medal and come through a Finish Line?

Register for the Zero Mile Event. Fund raiser for Friends of Hawaii Volcanoes National Park and feel like a winner. 


Date: August 19, 2017

Time: 7:00 AM – Noon

Location: Volcano Village Cooper Center, Wright Road, Volcano Village, HI 
Hours: 7:00 am – Noon

Cost/Cover: Varies with each race

Web Page: http://www.volcanorainforestruns.com

Contact Info: 808-967-8240 raceinfo@volcanorainforestruns.com

Photo + Article courtsey of: http://www.whofish.org

Karen E. Bail

808-936-4640

Fax: 808-883-2263

RB-16072

kebail@aloha.net

http://www.KarenBail.com

 9th Annual Don the Beachcomber Mai Tai Festival   Leave a comment


9th Annual Don the Beachcomber Mai Tai Festival is Saturday August 19, 2017! 

Royal Kona Resort celebrates the legendary Mai Tai cocktail at the 9th Annual Don the Beachcomber Mai Tai Festival. Watch as over 20 of the world’s top bartenders converge on the Big Island of Hawaii to mix it up in a battle for the title of World’s Best Mai Tai and a $10,000 cash prize.


Festival Highlights Include:

🔅Mai Tai Marketplace: Shop for crafts and island treats from local artisans and merchants from 11am-4pm

🔅Battle of the BBQ: Taste and vote for Hawaii’s best barbecue from 11am-2pm

🔅Pool Party: Listen to live music from local Hawaiian artists by the pool from 2:30pm-4pm

🔅Mai Tai Mix-off: From 4:30pm – 7:30pm watch bartenders from around the world vie for the title of World’s Best Mai Tai and cash prizes. First place winner receives $10,000, second place winner receives $5,000, and third place winner receives $2,500.

Date: 8/19/2017 (Saturday)

Address: Royal Kona Resort, 75-5852 Alii Drive Kailua Kona, HI

Hours: 11:00 am – 7:00 pm

Cost/Cover: Free

Web Page: http://www.donsmaitaifest.com/

Contact Info: Contact Royal Kona Resort at (808) 329-3111.

Photo + Article courtsey of: http://www.whofish.org

Karen E. Bail

808-936-4640

Fax: 808-883-2263

RB-16072

kebail@aloha.net

http://www.KarenBail.com

Touch a Truck for Keiki!    Leave a comment


Keiki of all ages are invited to Touch a Truck at Kona Commons on August 12 from 10 am to 12 noon! Explore big trucks and meet the people who operate them! Trucks include emergency vehicles, construction trucks, tow trucks and more!

Touch a Truck offers kids a hands-on opportunity to explore working trucks of all types. Children of all ages are invited to creatively explore the trucks with guidance from the professionals who use the trucks. Meet the people who build, protect and serve on the Big Island.

Bring the family to Touch a Truck and enjoy free keiki activities, a waterslide and prize giveaways. Event presented by Kuleana Education.

Touch a Truck

Date: 8/12/2017 (Saturday)

Address: 74-5450 Makala Blvd., Kailua-Kona, HI 96740

Hours: 10:00 am – 12 noon

Cost/Cover: Free

Web Page: http://konacommons.com

Contact Info: Nancy Sakamoto – 808-896-5308

Photo + Article courtsey of: http://www.whofish.org

Karen E. Bail

808-936-4640

Fax: 808-883-2263

RB-16072

kebail@aloha.net

http://www.KarenBail.com

Ka’ao Place UNDER CONTRACT in 24 hours!    Leave a comment

UNDER CONTRACT in 24 hours! 

Sweet home on Ka’ao Place includes million-dollar ocean views at half the price. This refreshed, well-loved home to only one family since the day it was built wasn’t for sale for long! 

If are thinking of selling your home or just want. Market update call me today! 

Aloha,

Karen E. Bail

808-936-4640

Fax: 808-883-2263

RB-16072

kebail@aloha.net

http://www.KarenBail.com