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Hawaii Real Estate Industry News

Host Hotels to buy 3 Hyatt-managed hotels for $1B

02/21/2018 The three hotels under contract for acquisition are the 301-room Andaz Maui in Hawaii, 668-room Grand Hyatt San Francisco and 454-room Hyatt Regency Coconut Point in Florida, the lodging real estate investment trust said late Wednesday. The contract comes ...

Host Hotels Buys 3 Hyatt Hotels for $1B

02/22/2018 MD–Host Hotels & Resorts announced it has placed “three irreplaceable Hyatt assets under contract for acquisition” in Hawaii, California and Florida as part of its quarterly earnings report. Erika Morphy has been writing about commercial real estate ...

Hawaii’s ‘last princess’ fights for control of her fortune

02/10/2018 considered by many to be Hawaii’s last princess, has paid the palace’s electric bills for the past six years. But the intensely private native Hawaiian, whose $215 million fortune includes race horses and real estate, is no longer in a position to fund ...

Home prices continue increasing statewide

02/18/2018 The real estate market performed well, too, with median home sale prices up across the state. According to Title Guaranty Hawaii’s 2017 year-end residential report, sales volume was up in all counties except Kauai, which saw a 3.7 percent decrease for ...

Former Dodger Brandon League is ready to field offers for his Hawaii home

02/16/2018 Former Dodgers hurler Brandon League has put his oceanfront home in Hawaii on the market for $3.8 million. Set behind a surfboard-lined gate in the Hale'iwa community in Honolulu, the sunny spot offers roughly 1,300 square feet filled with hardwood floors ...

Hawaii’s last princess faces financial, legal troubles

02/03/2018 considered by many to be Hawaii’s last princess, has paid the palace’s electric bills for the past six years. But the intensely private Native Hawaiian, whose $215 million fortune includes race horses and real estate, is no longer in a position to fund ...

Maui properties take urgent action to fend off shore erosion

02/14/2018 WAILUKU, Hawaii (AP) — Two West Maui properties have taken emergency ... Amazon laying off corporate employees in rare cutback Seattle not amused by real-estate company's green pigs stunt Will Earl Thomas' holdout strategy pay off?

Chick-fil-A scouting for its first locations in Hawaii

02/01/2018 Chick-fil-A is scouting locations for its first Hawaii restaurant. The company is one of three ... according to local commercial real estate brokers. The privately-held company has more than 2,200 locations in 43 states in the U.S. and typically looks ...

Hawaii Department of Business and Tourism: Hawaii economy to improve in 2018

02/08/2018 making Hawaii the best labor market in the United States. Statewide labor force, employment, and payroll job count registered new historical high levels in 2017. Visitor arrivals reached 9.4 million, a new record year. Real estate market performed well ...

Investors snap up real estate in Hawaii, but are all-cash buys too good to be true?

08/22/2017 Rich outside investors are offering to pay in full, in cash to purchase real estate in Hawaii. It’s something that’s made home-buying more difficult for the middle and working class. Now some of these transactions have caught the attention of federal ...

'China's Hawaii' Has A Gambling Plan: Here Are Potential Winners

02/05/2018 Beijing's ambitions to bring more tourists and gambling to an island billed as China's Hawaii is sparking visions of a rapid ... to comment or didn't respond to requests for a comment. Real-estate and resort developers would be immediate beneficiaries ...

Hawaii Agents Affiliate With Century 21 Real Estate

02/04/2018 Oahu, Hawaii-based agents Erin and Ron Evans have affiliated with Century 21 Real Estate LLC, now operating as CENTURY 21 Island Homes, the company recently announced. The brokerage will continue to serve real estate needs throughout Oahu and the Hawaiian ...

Shangri-la: Paradise on Earth in Pahoa, Hawaii

01/30/2018 From the mainland, it takes just over five hours by air (four and a half if you catch a tailwind), but Pahoa, on the Big Island of Hawaii, feels worlds away. Located in the lush, jungle-like Puna District, 30 minutes south of Hilo, this small town has a ...

Hawaii's 'last princess' fights for control of her $215million fortune from her lawyer who claims a stroke has left the 91-year-old impaired but her wife, 64, claims the ...

01/31/2018 an Irish multimillionaire sugar plantation owner and one of Hawaii's largest landowners who died in 1900, leaving behind a $3million estate. But the intensely private Native Hawaiian, whose $215million fortune includes race horses and real estate ...

Engel & Völkers Enters Hawaii

01/22/2018 They are ideal partners in opening up Hawaii’s beautiful and unique real estate market to the Engel & Völkers network around the world.”

Real American princess fights for her island kingdom

01/31/2018 considered by many to be Hawaii’s last princess, has paid the palace’s electric bills for the past six years. But the intensely private Native Hawaiian, whose $215 million fortune includes race horses and real estate, is no longer in a position to fund ...

RentVest Property Management Opens New Office in Hawaii

02/01/2018 RentVest Hawaii charges a flat rate management fee rather than the percentage- based fee structure that most companies on Oahu employ. Established in 2007, Gentry Real Estate Group-a premier buyer of auction homes in Arizona-pioneered the development of ...

Oahu-Based Real Estate Entrepreneurs Choose To Affiliate New Brokerage With Century 21 Real Estate

02/01/2018 Erin and Ron Evans Open CENTURY 21 Island Homes in Kapolei Specialize in Residential, Luxury and the Military Throughout the Hawaiian Islands OAHU, Hawaii, Feb. 1, 2018 /PRNewswire/ -- Oahu-based Erin and Ron Evans, relentless real estate entrepreneurs who ...

2017 a robust year for Big Island real estate

01/16/2018 The Big Island real estate market ended 2017 in a strong position after residential sales increased islandwide from 2016. Not only did the final quarter of 2017 see residential property sales on Hawaii Island rise slightly — from 2,307 in 2016 to 2,494 ...

MICHAEL BRESTOVANSKY Hawaii Tribune-Herald

01/17/2018 The Big Island real estate market ended 2017 in a strong position after residential sales increased islandwide from 2016. Not only did the final quarter of 2017 see residential property sales on Hawaii Island rise slightly — from 2,307 in 2016 to 2,494 ...

False Missile Alert Looms as a Black Eye for Hawaii and Its Governor

01/14/2018 Across Hawaii on Sunday, people spoke about gathering their families ... “Why did it take so long to correct the mistake?” said Jamie Higa, 34, a real estate agent. “Whoever is responsible clearly failed to do his job. The governor isn’t directly ...

Windsorite in Hawaii Experiences False Nuke Alarm

01/14/2018 Hawaii Governor David Ige confirmed that the alert was a false alarm and the islands were not under threat of a nuclear attack. Harold Campbell is a real estate agent who has lived in Honolulu for 18 years. He grew up in Windsor, having attended grade ...

Secret Money: How Trump Made Millions Selling Condos To Unknown Buyers

01/13/2018 The agency is considering requiring real-estate professionals to adopt anti-money-laundering ... four in the New York City area and one in Hawaii. Neither Trump nor his licensees have disclosed terms of the agreements. Trump also has declined to release ...

Associa Hawaii Hires Phyllis Okada Kacher as New Chief Business Development Officer

01/11/2018 Ms. Kacher also served as the vice president of marketing for the Oahu and Kauai real estate division of Amfac/JMB Hawaii L.L.C. During her time there she was a member of the Waikele development team, president of the Waikele Community Association and ...

Division of Dillingham Ranch proceeds

01/12/2018 A California real estate investment firm is making a new case to Hawaii regulators for carving up Oahu’s historic Dillingham Ranch and selling pieces to buyers who could build homes on 70 lots zoned for agriculture. Read More

Will Hawaii Be the Next Puerto Rico?

01/12/2018 More likely, the issue is land use rules, of which Hawaii has extremely strict ones. That drives up the cost of housing and commercial real estate. Likewise, the booming tourism industry in Hawaii may be creating a wedge between the price of real estate ...

Real-Life Training Paves the Way to Continued Success

01/11/2018 “How to Become a First-Time Homebuyer,” offers helpful advice for real estate professionals to better serve first-time clients who may be afraid or need guidance on what to do. You have one of the biggest REALTOR® training programs in Hawaii. Why do ...

Housing median prices hit record highs for 5th year in a row

01/12/2018 Locations – Hawaii’s leading real estate firm – published its 2017 Year-End Oahu Residential Real Estate Report. The report, which analyzes sales activity for more than 350 Oahu neighborhoods, concludes that Oahu home values will continue to rise in ...

Desperate hunt for missing sisters, aged 12 and 25, feared dead in Montecito mudslides as Catholic school founder, real estate broker and father, are among the 16 buried alive ...

01/10/2018 Rohter was a former real estate broker before he founded the school ... Tyler McManigal, 28, who is stationed in Hawaii with the Navy, said he was notified yesterday that his father and brother had been swept away by the flooding in Montecito.

Hawaii retail market sees higher availability, along with higher costs

01/08/2018 Hawaii’s retail real estate market posted its highest availability rate in three years at the end of 2017 as retailers and restaurateurs in the Islands began 2018 facing a record low unemployment rate, a higher state minimum wage and the highest common ...

Median housing prices on Oahu hit record highs in 2017

01/05/2018 Real estate firm Locations says the price for a single-family home ... You see what looks like a bride and groom in a photoshoot around Hawaii. We say, "Aw, they're getting married." But, Civil Beat's Chad Blair says some of them are fake!

35 Hawaii Legislators have a Second Job

01/04/2018 Nearly half of our state legislators hold second jobs, from pilot, doctor and lawyer to business owner, real estate agent and more ... 35 lawmakers with a job outside of the state Legislature. Hawaii’s lawmakers work year-round, going to committee ...

Auditor: State Energy Office $600K over budget with no clear mission

01/04/2018 Chris Lee says Hawaii is on track to meeting its clean energy goals ... conversations and meetings from President Donald Trump's real estate business to investigators probing Russian election meddling, according to... The Trump Organization has provided ...

Two Jobs

01/04/2018 Nearly half of our state legislators hold second jobs, from pilot, doctor and lawyer to business owner, real estate agent and more ... 35 lawmakers with a job outside of the state Legislature. Hawaii’s lawmakers work year-round, going to committee ...

CHOI Group joins forces with Hawaii Life

01/04/2018 CHOI International today announced its plan to join forces with Hawaii Life, the statewide leader in luxury real estate listings and sales. Founded in 2008 ?and locally owned, Hawaii Life has emerged as the third largest brokerage in Hawaii. Hawaii Life is ...

$35M French-Inspired Hawaii Estate Is the Week's Most Expensive New Listing

01/04/2018 This Hawaii home comes with an indoor fountain ... It was recently relisted it at its higher price, with a nod to the rising real estate prices in the area. Sachi Braden holds the listing.

Australian man in homemade boat rescued off Hawaii

01/03/2018 An Australian man sailing alone in a homemade boat was rescued off the coast of Hawaii after he was blown off course on ... interview the man before he continues his voyage. Search real estate for sale or rent anywhere in Australia from licensed estate ...

Tax Reform: Here’s What Could Impact Homeowners Most

01/04/2018 Santa Cruz-Watsonville, Calif. Santa Maria-Santa Barbara, Calif. Urban Honolulu, Hawaii The top five metros based on share of owners that pay over $10,000 in real estate taxes: New York-Newark-Jersey City, N.Y., N.J., Pa. Bridgeport-Stamford-Norwalk ...

Real estate panel to meet on Maui

01/02/2018 senior real estate specialist, at (808) 586-2643, or toll-free from Maui at 984-2400, extension 62643, at least four working days in advance of the meeting. For more information, see hawaii.gov/hirec.

Mark Zuckerberg’s real campaign: Save Facebook

12/29/2017 To escape the cold: Head to Key West, Florida or Honolulu, Hawaii for the weekend if you can ... high and grew 6.5% over last year according to an analysis from online real estate site Zillow, per AFP. Renters also paid a record amount, 1% more in total ...