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Hawaii Real Estate Market News

Scholarships will go to three Maui County students

12/17/2014 Josh Jerman of Hawaii Life Real Estate Brokers is again offering the Josh Jerman Maui Nui Scholarship to encourage college-bound students to use their educations to benefit Maui County.

NexTitle Announces Expansion into the Hawaii Real Estate Market

12/10/2014 HONOLULU, Dec. 10, 2014 /PRNewswire/ -- NexTitle, a full-service title and escrow firm based in Bellevue, WA, today announced it will be expanding its service area to include The Aloha State of Hawaii. With this new territory, NexTitle will now be able to provide Hawaii real estate professionals with their signature suite of title and escrow tools, including GLADiS. GLADiS was designed to cater ...

HFF secures financing totaling $100.65 million for Class A multi-housing development in Honolulu area

12/08/2014 SAN DIEGO, CA - December 8, 2014 - HFF announced today that it has secured financing totaling $100.65 million for the development of 7000 Hawaii Kai, a 269-unit, Class A multi-housing complex southeast ...

HEI Announces Plan to Spin Off ASB Hawaii into a New, Publicly Traded Company

12/03/2014 HONOLULU, Dec. 3, 2014 /PRNewswire/ -- Hawaiian Electric Industries, Inc. (HE) today announced that its Board of Directors has unanimously approved a plan to spin off ASB Hawaii, Inc., the parent company for American Savings Bank, and establish it as an independent publicly traded company.  The spinoff of ASB Hawaii is contingent upon the closure of the separately announced definitive agreement ...

Apollo Commercial Real Estate Finance, Inc. Closes $50 Million First Mortgage Loan

12/01/2014 Apollo Commercial Real Estate Finance, Inc. today announced the Company closed a $50 million participating first mortgage loan secured by a portfolio of 24 condominiums located in New York City and Maui, Hawaii owned by a luxury destination club.

Houses go cheap where lava is hot

11/25/2014 While lava flows on Hawaii island have certainly put a dent into home sales, the market hasn't completely collapsed in the lower Puna district.

Hawaii Life promotes Julie Keller to Hilo broker-in-charge

11/24/2014 Hawaii Life Real Estate Brokers announce the promotion of Julie Keller to broker-in-charge of the Hilo office at 500 Kalanianaole Ave. in Keaukaha.

Terry Bradshaw lands on the Big Island of Hawaii

10/23/2014 Hall of Fame quarterback and NFL analyst Terry Bradshaw has touched down on Hawaii's Big Island, buying an estate in the northern town of Kamuela for $1.85 million.

Rumormongering: Obama Family's Vacation Rental in Hawaii Asks $10.5M

11/07/2014 Every winter, over Christmas vacation, the Obama family rents a house in Kailua, Hawaii, an idyllic beach town that President Obama used to visit as a boy growing up in Honolulu. Over the last six years of his presidency,...

NFL Legend Terry Bradshaw Is Selling His Oklahoma Ranch For $10 Million

11/10/2014 Retired NFL legend Terry Bradhsaw has listed his ranch in Oklahoma for $9.95 million. The 750-acre Circle 12 Ranch is listed with Bernard Uechtritz and Angie Nelson of Briggs Freeman Sotheby’s International Realty in Dallas . Uechritz told Business Insider that Bradshaw originally listed the property in 2012 with local real estate companies, but after buying a properties in Hawaii and Texas ...

Kauai real estate agents oppose cesspool proposals

09/30/2014 LIHUE, Hawaii (AP) — Kauai real estate agents are opposing proposed new statewide rules for the regulation of cesspools. The state Department of Health wants to prohibit the installation of new cesspools.

Hawaii Association of Realtors announces new officers

09/29/2014 The Hawaii Association of Realtors recently announced its officers for 2015.

Groundbreaking, blessing at PiliMai at Poipu

09/28/2014 POIPU — Locally-owned Coldwell Banker Makai Properties and Brookfield Homes Hawaii recently broke ground at the future site of PiliMai at Poipu, the newest townhome neighborhood addition to the real estate landscape of Kauai’s South Shore. The event culminated with a traditional Hawaiian blessing performed by Kumu Sabra Kauka.

Briefs: Metric Holdings, American Homes

09/26/2014 Tarzana real estate firm buys Hawaiian industrial park. American Homes completes offering.

Kareem Abdul-Jabbar's Hawaiian Oasis Hits Market

09/15/2014 Basketball star Kareem Abdul-Jabbar’s custom, lavish oasis in Kauai, Hawaii is for sale, complete with extra-high ceilings and doorways to accommodate the NBA legend’s storied height.

Critics object to proposed cesspool rule changes

09/15/2014 KAILUA-KONA, Hawaii (AP) Proposed state rules requiring replacement of rural home cesspools with septic tank systems are drawing objections from real estate agents and builders.

Lava threat boosts demand for rental housing near Hilo

09/13/2014 East Hawaii real estate offices are reporting a rush of lower Puna residents looking to rent homes closer to Hilo in anticipation of the approaching lava flow.

Lava flow from Hawaii volcano has residents on the Big Island nervous

09/09/2014 The Kilauea volcano, one of the worlds most active, has spewed a flow now parallel to homes, raising fears the area could be lava-locked Lava from one of the worlds most active volcanos has been advancing at a slower pace the past few days and is now moving parallel to a sparsely populated subdivision on Hawaiis Big Island. Lava from Kilauea volcano was still at least a mile from any homes in ...

Hawaii watches helplessly as lava creeps toward town

09/09/2014 PAHOA, Hawaii — Lava from one of the world’s most active volcanos has been advancing at a slower pace in the past few days and is now moving parallel to...

Residents: Hawaii lava part of living in paradise

09/09/2014 In this Monday, Sept. 8, 2014 photo, security guard George Cortez stands at a roadblock to prevent non-residents from entering the lava-threatened community of Kaohe Homesteads in Pahoa, Hawaii. Launch Of Its Condo Directory And Market Place In Hawaii

09/09/2014 "We are excited to expand our business to the Hawaii condo market. Our recent increase in popularity is a step in or our journey to be the #1 destination for luxury condo buyers and sellers in the U.S.", says Jason Trindade, CEO of King of Condos. The Hawaii site, located at, brings new technology to a market that has very few web sites focused on the luxury condo market ...

'There's no control': Hawaii watches lava's creep

09/08/2014 PAHOA, Hawaii (AP) — Lava from one of the world's most active volcanos has been advancing at a slower pace the past few days and is now moving parallel to a sparsely populated subdivision on Hawaii's Big Island.

Hawaii Life opens Kauai office

08/24/2014 Hawaii Life Real Estate Brokers now has a Kauai office at the Shops at Kukuiula, in addition to the company headquarters in Princeville.

Street art, not beaches, in Honolulu's Kakaako

08/20/2014 The neighborhood has declined in recent years as landowners struggled to find ways to utilize its prime real estate, smack in the middle of Honolulu. Wong says the art represents a unique local style, mixing the elaborate urban graffiti seen in places like Brooklyn, Miami, Tokyo and London with Hawaiian cultural influences and Asian anime. For vacationers, the neighborhood's edgy vibe and urban ...

Hawaii Island real estate market shows slight growth

08/18/2014 Hawaii Island’s real estate market took a bit of a pause this summer, real estate agents say.

State Data Book updated, on DBEDT website

08/14/2014 The Department of Business, Economic Development and Tourism released Thursday the 2013 edition of the State of Hawaii Data Book. The resource is available at and may be downloaded in whole or in part as either PDF or Excel files.

San Anselmo couple complete record row to Hawaii

08/08/2014 After rowing nonstop about 2,400 miles across the Pacific Ocean from San Francisco to Hawaii, San Anselmo husband and wife team Sami Inkinen and Meredith Loring are enjoying a stronger relationship, conquering concerns the voyage could cause them to float adrift.

Hawaii braces for storm double whammy

08/05/2014 David Fell of the Waimanalo section of Honolulu stands with generator, bottled water and other supplies as he stocks up Tuesday at a Costco store in anticipation of two big storms moving toward Hawaii.

First pair crosses finish line in Great Pacific Race

08/02/2014 The first pair crossed the finish line in a 2,400-mile trip from California to Hawaii with no engines, just a rowboat and oars. Click here to watch Kenny Choi's report. A daring couple said the Great Pacific Race was a once-in-a-lifetime experience. In the technology world, Sami Inkinen has conquered many feats as the co-founder of, a real estate search site that recently sold for $3 ...

It's 'aloha' for Twin Cities-based Artspace

07/28/2014 A tax credit helps advance a project in Hawaii for Twin Cities-based Artspace Inc. - the group's first off-shore project

Honolulu, Hawaii REALTOR® Pamela Cleere Honored to Serve Her Local Military Community

07/18/2014 HONOLULU, July 18, 2014 /PRNewswire/ -- Keller Williams Real Estate consultant Pamela Cleere is a Certified Military Relocation Professional in Hawaii. She is also a retired Military Veteran. "I began my Military career in Texas," she says. "I trained at Lackland Air Force Base and my first assignment in Logistics was Sembach AB, Germany.

Report: Maui house, condo prices up, sales down

07/11/2014 WAILUKU, Hawaii (AP) — Maui house and condo prices are increasing, while sales numbers are lagging, according to real estate figures for the first six months of the year.

Kimo Sutton to represent minority party in Hawaii if elected lieutenant governor

06/27/2014 Kimo Sutton, a Republican, said Thursday during a live interview on Hawaii News Now, if elected as lieutenant governor in the upcoming election, he would represent a minority party in Hawaii.

Rare Custom Home in Exclusive Hualalai Resort Up For Sale

06/24/2014 KAILUA-KONA, Hawaii, June 24, 2014 /PRNewswire/ -- A rare opportunity to own an elegant estate in the prominent Hualalai Resort neighborhood has arisen, with award-winning real estate expert Harold Clarke announcing the exclusive offering of a spectacular luxury custom home in the heart of Kona-Kohala Coast, through Luxurious properties such as this are only offered ...

Chicago, New York, Hawaii Bid for Obama Library

06/22/2014 Hawaii, New York and at least 4 Chicago sites offer bids to house Obama's presidential library

Dallas police-fire pension fund sees $60M loss from luxury homes

06/19/2014 The retirement fund relied heavily on property investments, including in ultra-luxury homes in Hawaii, Aspen and elsewhere.

Couple try to be first to row from Monterey to Hawaii

06/14/2014 Tech entrepreneurs and endurance athletes Sami Inkinen, 38, and Meredith Loring, 34, hope to celebrate their fourth wedding anniversary as the first couple to row from California to Hawaii. In coming days, the San Anselmo residents - he is a co-founder of the real estate search and information site Trulia - will set off on a 2,400-mile journey from Monterey to Oahu. "People have done things like ...

Blackstone Helps Fund $400 Million Hilton Tower in Hawaii

06/04/2014 Blackstone Group LP (BX) , majority owner of Hilton Worldwide Holdings Inc., will provide half the funding for a $400 million timeshare tower set to break ground today at the Hilton Hawaiian Village Waikiki Beach Resort.

Hawaii Americana Realty Announces Market Update For Luxury Properties Sold in the Honolulu Market

05/23/2014 HONOLULU, Hawaii, May 23, 2014 /PRNewswire-iReach/ -- Serving the entire real estate and housing market on Oahu and Maui and throughout the Hawaiian Islands, and offering its services online as well, Hawaii Americana Realty has just announced its market update report on the sale of luxury properties throughout the Honolulu, Hawaii, real estate market for the month of April, 2014. Sales ...

Sotheby's International Realty Network Welcomes Hawaii Firm

05/22/2014 MADISON, N.J., May 22, 2014 /PRNewswire/ -- Sotheby's International Realty Affiliates LLC today announced that Carvill & Company in Kailua, Hawaii, is the newest member of its real estate network and will now operate as Carvill Sotheby's International Realty. Scott Carvill is broker/owner of the firm, which is located at 970 N. Kalaheo Avenue in Kailua, serving the Kailua, Windward, Honolulu and ...

Hyatt Expands in Kauai with the Historic Coco Palms Resort

05/21/2014 Hyatt Hotels Corporation and Coco Palms Hui LLC today announced a Hyatt affiliate has entered into a management agreement with Coco Palms Hui LLC for The Coco Palms Resort on Kauai, Hawaii.

Hawaii scuba divers face off over aquarium fish

05/15/2014 A filmed underwater confrontation between an environmentalist who wants to shut down the aquarium-fish industry in Hawaii and a collector who gathers the fish and sells them for a living has put a spotlight on a...

SURVEILLANCE VIDEO: Captures 16-year-old Stowaway Stepping Onto Tarmac From Wheel Well

05/07/2014 UPDATE: HONOLULU (AP) - Newly released surveillance video captures the moment the 16-year-old teen stowaway stepped out of the wheel well and onto the tarmac after surviving the five and a half hour flight across the ocean to Hawaii.

Tribute in the works

05/07/2014 Many of you knew Frank Babakaiff, a real estate agent for 35 years and musician with Flashback who passed away on April 11, 2010 as a result of a very serious accident while on vacation in Hawaii. While bogey-boarding, Frank was permanently injured and became a paraplegic.

Law on flood coverage will allow higher rates to flow in

03/24/2014 Premiums are going up on nearly 14,000 federally subsidized flood insurance policies in Hawaii as Congress looks to get a federal program out of a $24 billion hole.

3 file suit in alleged Puna land scam

03/23/2014 Three Japanese nationals have filed suit alleging they were sold undeveloped land in Puna at inflated prices by another Japanese national who made fraudulent claims and who is not licensed to sell real estate in Hawaii.


03/10/2014 HILO, Hawaii (AP) - Kau farmers are anxious over the pending sale of lands where they've cultivated some of world's best coffee. Rusty's Hawaiian owner Lorie Obra told the Hawaii Tribune-Herald the uncertainty has her worried. She says her lease is up next month.

Kau coffee farmers worried about pending land sale

03/10/2014 HILO, Hawaii (AP) - Kau farmers are anxious over the pending sale of lands where they've cultivated some of world's best coffee. Rusty's Hawaiian owner Lorie Obra told the Hawaii Tribune-Herald ( ) the uncertainty has her worried. She says her lease is up next month. The ...

Town & Country Welcomes Burch & Flaherty

03/10/2014 Town & Country Real Estate ( has announced that Melissa Flaherty will join the firm’s Bridgehampton office. Ms. Flaherty, born and raised in Montauk, has returned to the East End after many years in Hawaii, first as student at the University of Hawaii in Manoa and then as the manager of Jimmy Buffet’s at the Beachcomber in Waikiki.

Woodridge and Colony Acquire the Ritz-Carlton, Kapalua Resort

02/27/2014 MAUI, Hawaii--(BUSINESSWIRE)-- The Ritz-Carlton, Kapalua Resort was sold today to a partnership between Michael Rosenfeld’s Woodridge Capital Partners, LLC and Colony Capital, LLC and its affiliates including Colony Financial. The AAA Five-Diamond Ritz-Carlton, Kapalua is a stunning destination resort on the Island of Maui, which was again voted “Best Island in the World” by Conde Nast Traveler ...