North Kona is one of 9 Real Estate districts on the Big Island of Hawaii.  (Click here to view a map that shows the location of the North Kona District on the Big Island of Hawaii). Below is a chart that shows the number of Home Sales in the North Kona District on the Big Island of Hawaii.  The data are over the last 5 years, starting with February 2004 and ending in February 2009.  More sales data and info can be found at LocalHawaiiRealEstate.com  (Data Source:  Big Island MLS) Stop by, visit and talk story at our office on the Big Island of Hawaii! John Petrella, REALTOR®ABR®, GRI, Broker/Owner Direct: 808.640.3953Local@LocalHawaiiRealEstate.com Local Hawaii Real EstateHonesty • Integrity • Commitment 159 Keawe St., Suite 1Hilo, HI  96720 REALTOR® is a federally registered collective... 03/21/2009

Over the past few months my sunny optimism has been stunned into silence.  Advisers are saying don't read the news.  Pay close attention to the market and prepare for the turn around.  I can't stop reading the news.  I'm a voracious reader.  I read, listen and watch international and national economists, and discuss the local market with professionals I trust.  Consequently, I've been in a funk.  I don't know if it's the decision by opinion leaders to moderate the gloom and doom, but this morning I heard a fleeting bit of good news from the powers that be in Honolulu.  I didn't hear the source, but someone said prepare now for the 2010 turn around in the real estate market. I am so ready to believe this.  My spirits immediately jumped.  I have noticed neighborhoods favored by second hom... 03/13/2009

N Kona is one of 9 Real Estate districts on the Big Island of Hawaii.  (Click here to view a map that shows the location of the N Kona District on the Big Island of Hawaii).Below is a chart that shows the number of Home Sales in the N Kona District on the Big Island of Hawaii.  The data are over the last 5 years, starting with January 2004 and ending in January 2009.  More sales data and info can be found at LocalHawaiiRealEstate.com  (Data Source:  Big Island MLS) Stop by, visit and talk story at our office on the Big Island of Hawaii! John Petrella, REALTOR®ABR®, GRI, Broker/Owner Direct: 808.640.3953Local@LocalHawaiiRealEstate.com Local Hawaii Real EstateHonesty • Integrity • Commitment 159 Keawe St., Suite 1Hilo, HI  96720 REALTOR® is a federally registered collective membership mar... 02/21/2009

Finally and easy way to research foreclosures, short sales, and REO (bank owned properties)  on the Big Island of Hawaii. In the beginning I tried using RealtyTrac, and Yahoo real estate, but I found their numbers were so so far off track, and outdated,  I couldn't even use them. The scary thing was that whenever you saw a report on TV, they quoted one of these sources! My next attempt at keeping up on foreclosures and short sales, was to manually go through every listing - one by one - and write them all down, very time consuming! I mean I am supposed to be out there selling properties - right? As the active listings grew to over 1,000 just here in Kona - it became unmanageable. Those days are gone now - after years of asking our MLS to add these as - check offs - on our search engine ... 02/03/2009

N Kona is one of 9 Real Estate districts on the Big Island of Hawaii.  (Click here to view a map that shows the location of the N Kona District on the Big Island of Hawaii).Below is a chart that shows the number of Land Sales in the N Kona District on the Big Island of Hawaii.  The data are over the last 5 years, starting with December 2003 and ending in December 2008.  More sales data and info can be found at LocalHawaiiRealEstate.com  (Data Source:  Big Island MLS) Stop by, visit and talk story at our office on the Big Island of Hawaii!John Petrella, REALTOR®ABR®, GRI, Broker/Owner Direct: 808.640.3953Local@LocalHawaiiRealEstate.com Local Hawaii Real EstateHonesty • Integrity • Commitment 159 Keawe St., Suite 1Hilo, HI  96720 REALTOR® is a federally registered collective membership ma... 01/24/2009

N Kona is one of 9 Real Estate districts on the Big Island of Hawaii.  (Click here to view a map that shows the location of N Kona District on the Big Island of Hawaii). Below is a chart that shows the number of Home Sales in the N Kona District on the Big Island of Hawaii.  The data are over the last 5 years, starting with December 2003 and ending in December 2008.  More sales data and info can be found at LocalHawaiiRealEstate.com  (Data Source:  Big Island MLS) Stop by, visit and talk story at our office on the Big Island of Hawaii!John Petrella, REALTOR®ABR®, GRI, Broker/Owner Direct: 808.640.3953Local@LocalHawaiiRealEstate.com Local Hawaii Real EstateHonesty • Integrity • Commitment 159 Keawe St., Suite 1Hilo, HI  96720 REALTOR® is a federally registered collective membership mark ... 01/24/2009

In Sickness and In Health... Well 2008 was a rough year for most of the folks I know. Many of my my colleagues and my clients were beat up by the economic fallout of 2008...me included! However, a shiny ray of hope has been there and still exists for a lucky few with cash on the sidelines, they have picked up Hawaii deals not seen in years. In addition, those not paying cash have gotten some great rates on their loans now that credit is easing and the rates remain incredibly low. So this is the way I see it for 2009... Like the commitment you make to a life long partner, as a Real Estate professional I made a commitment to this industry. Our national and global economies have made even the most insulated markets catch cold and many are still suffering with an all out flu. So how does it... 01/04/2009

The number of Land sales in our N Kona Real Estate district are down since thier peak in March of 2004. N Kona is one of 9 Real Estate districts on the Big Island of Hawaii.  (Click here to view a map that shows the location of N Kona on the Big Island of Hawaii).  We have been in a downward trending market since December of 2004.  No N Kona Land sales have taken place so far in December.Below is a chart that shows the number of Land Sales in the N Kona District on the Big Island of Hawaii.  The data are over the last 5 years, starting with November 2003 and ending in November 2008.  More sales data and info can be found at LocalHawaiiRealEstate.com  (Data Source:  Big Island MLS) Stop by, visit and talk story at our office on the Big Island of Hawaii! John Petrella, REALTOR®ABR®, GRI, ... 12/24/2008

The number of home sales in N Kona Real Estate district are down since thier peak in June of 2005.  The Big Island of hawaii has 9 Real Estate districts.   (Click here to view a map that shows the location of the 9 Real Estate Districts on the Big Island of Hawaii).  Since June of 2005, we have been in what I call a downward trending market in the N Kona District.  Five N Kona home sales have taken place so far in December. Below is a chart that shows the number of Home Sales in the N Kona District on the Big Island of Hawaii.  The data are over the last 5 years, starting with November 2003 and ending in November 2008.  More sales data and info can be found at LocalHawaiiRealEstate.com  (Data Source:  Big Island MLS) Stop by, visit and talk story at our office on the Big Island of Hawai... 12/16/2008

I know a lot of you are sitting there freezing your butt off, so I will try not to talk to much about the 82 degree weather, the 4-6 foot surf and of course paradise. I just wanted to warm you up some by posting these photos of yesterdays surf, and let you in on a great deal here in Kona.  A 3 bedroom, 2 bath, home, located just 1,400 feet from this surf spot - the one I am about to upload after I write this - how long would it take you to walk 1,400 feet and get to this beach - well since I live just a few homes away from this one - it takes me and my 7 year old about 15 minutes - you got to remember he stops a lot - oh dad - look at this gecko, oh dad look at this butterfly, oh dad lets catch some caterpillar's and take them home to become butterfly's. Ok the Home - this is a short sa... 12/13/2008

Can you imagine owning a home - in Hawaii - for under $300,000 - just 2,200 feet from Banyans Surf Break. Its true - this 3bedroom 2 bath home is listed for $299,000 and it is ceentrally located in Kailua Kona, just a little off of Alii Drive Dollar for Dollar I believe this is the best deal in Kona right now. Kamani trees subdivision is a secret little hideaway right in the middle of Kona. You have the luxury of sidewalks, underground utilities, twice weekly trash pick up, an active homeowners association, pride of ownership shows thru out this subdivision. Kids playing in the streets, shortcut down to banyans surf break, and there is only one way in/out of this 5 street subdivision. Call me for more details By the way - I took these photos today, 82 degrees, 4 foot waves, dont get muc... 12/12/2008

Below is a chart that shows the number of Home Sales in the N Kona District on the Big Island of Hawaii.  The data are over the last 5 years, starting with October 2003 and ending in October 2008.  More sales data and info can be found at LocalHawaiiRealEstate.com  (Data Source:  Big Island MLS) Stop by, visit and talk story at our office on the Big Island of Hawaii! John Petrella, REALTOR®ABR®, GRI, Broker/Owner Direct: 808.640.3953Local@LocalHawaiiRealEstate.com Local Hawaii Real EstateHonesty • Integrity • Commitment 159 Keawe St., Suite 1Hilo, HI  96720 REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics. 11/17/2008

If you have visited Kona or the Kohala Coast of the Big Island, undoubtedly you have heard of the "Green Flash". The phenomenon is real:  on a truly clear evening, you can watch the sun drop into the Pacific and momentarily see a green glow spread across the horizon.  This photo from the Halii Kai Ocean Club demonstrates the perfect conditions: The Green Flash is also a drink I remember downing at a waterfront bar or two!  [OK, click here for a Green Flash Recipe courtesy of Absolut Vodka] This post, however, is about a different kind of Green Flash--a "green", earth-friendly, news bulletin. The Big Island Visitors Bureau has just launched a webpage for visitors who wish to travel green.  The site features not only ecotourism options, but also "sustainable travel" tips, for visitors who... 10/22/2008

Lokahi Makai, homes for sale in Kailua Kona, Hawaii. Another nice, new subdivision, great location, will be near the new University, close to airport, Costco, and all the new stores going in that way.  Underground utilities, streetlights, pride of ownership. Take a look  Search criteria: MLS Form Residential. MLS Status Active. TMK Subdivision Lokahi Makai OR Lokahi Makai PH III  MLS DATA   MLS # Tp St DOM    Taxkey Tnr Price Location Land area Details 207535 RS A 239    3-7-3-61-42 FS  $424,900 73-4350 Kio-pa'a Place 10,327 sqft  1,296 3/2  212219 RS A 122    3-7-3-61-49 FS  $445,000 73-4354 Kapuahi 10,199 sqft  1,296 3/2  211562 RS A 147    3-7-3-61-5 FS  $449,000 73-4369 Kakahiaka 10,312 sqft  1,188 3/2  205017 RS A 305    3-7-3-60-89 FS  $450,000 Lokahi Makai Lot #:98 11,425 sqft  1... 10/17/2008

Great deals on these homes for sale up in Alii Heights, the one starting at $625,000 is a foreclosure, but most of them are priced great! If your reading this you probably already know the area, but just in case - Alii Heights is centrally located in Kailua Kona, at the Keauhou end . Views are dramatic from most homes, and you are just above White Sands Beach (disappearing sands, Magic sands ) and of course just off of Alii drive. So take a look and let me know what you think Aloha, and have a great day   Lance Owens (RS) (808) 936-8383 Lance@KonaHomeTeam.com www.KonaHomeTeam.com Aloha Kona Realty Inc. 78-6740 Alii Drive  Search criteria: MLS Form Residential. MLS Status Active. TMK Subdivision Alii Heights OR Alii Heights Unit 2  MLS DATA   MLS # Tp St   DOM    Taxkey Tnr Price Locatio... 10/17/2008

There are some great homes for sale right now, and if you can believe it - brand new starting at $399,000 with special financing - 4.85% for 30 years, 5% down and your in! Take a look    Search criteria: MLS Form Residential. MLS Status Active. TMK Subdivision Pualani Estates Subdiv  MLS DATA   MLS # Tp St DOM    Taxkey Tnr Price Location Land area Details 216378 RS A 15    3-7-5-41-35 FS  $379,000 75-6101 Kaanee Pl 7,000 sqft  1,146 3/2  215741 RS A 39    3-7-5-43-106 FS  $399,000 75-651 Mea Lanakila St 6,077 sqft  1,067 3/2  206331 RS A 270    3-7-5-41-5 FS  $437,181 75-6128 Ho'omama 6,545 sqft  1,141 3/2  210714 RS A 171    3-7-5-42-100 FS  $455,000 75-6152 Haku Mele Pl 6,000 sqft  1,680 4/3  210405 RS A 177    3-7-5-43-108 FS  $492,000 75-657 Mea Lanakila 7,454 sqft  1,680 3/3  2104... 10/17/2008

You've once again returned home from vacationing on the Big Island's Kohala Coast thinking about buying a second home in the area.  You stayed at a fabulous hotel, and you played golf at Mauna Kea Resort.  While you were there, you saw the oceanfront tennis courts and Kauna'oa Beach - the best beach on the Big Island.  Hmmm.  Maybe this is a good place to buy your Hawaiian vacation home, or company retreat.  But you're not sure. Try before you buy!  Many Mauna Kea Resort luxury homes are available to rent.  Condos with huge ocean views located on the golf course start around $500 per night.  Very large ocean view homes are also available.  If you would like a brochure describing the available properties, just give me a call. October is the time to book accommodations for the holidays.  ... 10/15/2008

                            Have you visited or vacationed on the Big Island of Hawaii?  We have a newly renovated vacation rental, also our second home, that we would love to share with you.  If you have been to other Hawaiian islands but haven't experience THE BIG ISLAND, you really must.  Great snorkeling, rainforests, active lava flows on Kileaua, snow in the winter on Mauna Kea, humpback whales breeching during the winter months, and much, much more.  Please visit our website to learn more about the island and to see more photos of our unit and the complex:  http://www.vacationrentalkonahawaii.com.  Also check out the related links on the last page of the website.  Here is a link to a quicky RES show to wet your tropical appetite.    Aloha and Mahalo! Dream Interior Redesign & Stag... 10/15/2008

Ok, everybody wants to know what actually sold? So here are the home sales, in Kailua Kona, HI for September 2008   Aloha, and have a great day   Lance Owens (RS) (808) 936-8383 Lance@KonaHomeTeam.com www.KonaHomeTeam.com Aloha Kona Realty Inc. 78-6740 Alii Drive     Copyright ©10/6/2008 by Hawaii Information Service   SALES  Search criteria: Hotsheet from 9/1/2008 through 9/30/2008 including status changes to S TMK Taxkey 3-7. MLS Form Residential   VE $339,900 Residential  MLS #213674  Sold 9/3/2008 for $350,000 (FHA) DOM:7 3-7-3-11-21  Fee simple 73-4200 ELUNA ST Kona Highlands 3 Bed, 2.00 Bath 1,196 sqft of Living Area on 8,580 sqft of Land Zoning :  A-5A Year built :  2002 Schools :   Car Storage :  2Car, Garage Design :   1Story, Double Wal... 10/06/2008

Sept 10 2008 New Listing - not mine - but such a great deal, I wanted to bring in a buyer. I perform BPOs (Broker Price Opinion) for banks, investors, and whoever wants to pay me to do it. This gives me an insider's view of what is up and coming - this condo is in a pre fore closure status and the bank has agreed to accept an amount for less than what is owed on the property. If you know anything about short sales - anything - you know that they are anything but short - they should be called a long sale - or lucky if it sells - but not a short sale. Here is the great part - all of the negotiating is done - there is no more waiting, stressing, waiting, waiting, you get what I mean. This pace is all negotiated - ready to be sold - you could close the deal - in as fast as you can write the... 09/10/2008