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Kailua-Kona, HI Real Estate News

By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
Today’s Inman News headline reads:“Existing-home sales fall to slowest pace since 2009 amid rising costs.”That may be true nationally—but not here in North Kona.While the mainland sees pullbacks, our local data paints a different picture. From January through March 2025, both home and condo sales in North Kona are up—eclipsing 2024, 2009, and even 2008 numbers.📊 North Kona YTD Sales (Jan 1–Mar 31): 2008: 69 Homes | 47 Condos 2009: 42 Homes | 33 Condos 2024: 104 Homes | 67 Condos 2025: 107 Homes | 82 Condos This isn’t just a rebound—it’s sustained confidence. Buyers are still buying. Sellers are still selling. And the market is still moving.It’s a powerful reminder that real estate is local. National headlines don’t always reflect what’s happening in our neighborhoods, our communities, o...
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
3 Months - battling with IndyMac Federal Bank - finally get a price - and now my buyer is wobbling. Looking for investors. This is a great deal - 4/3 home in Pualani Estates subdivision $475,000 - I expect to have backups right away - There is no better deal in here - bar none! If you have been waiting for the right time - HERE IT IS - Dont let this one hit you in the head, and fall to the ground, reach out and catch it ! * Premium View Lot* 1,680 square feet* Holualoa School District (according to DOE) * Central A/C* 4 Bedrooms* 3 Full Baths* 2 Car Garage * Laundry area inside home (not garage) * Fenced Back Yard* Landscaped* Rock walls built in back yard - expanding useable lot area* I know I already told you this was a view lot - BUT THE VIEWS ARE AWESOME - White water, shoreline, Ci...
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
As I sit here holding an open house, bored as can be. I thought to myself, living in Hawaii - doesn't really have any dangers, Some agents hold open houses without even being there - just go put up the signs, open the doors, and sit on the beach somewhere? Well they are probably doing something a little more creative than that - but you get my drift. Anyway as my mind wanders off to the dangers here, I really concentrated, dug deep in my memory banks and I could only come up with 2 - if I think of more I will update this, Here is the Number 1 Danger, sitting open house today. 1: Maybe, Just maybe there could be a Tsunami - I mean just look at where I am sitting! I also just posted a video on YouTube so that you can get the sound effects ! http://www.youtube.com/watch?v=6RD-slr5HPg&featu...
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
13 Condos also sold for the month - Probably a first - 13 homes and 13 Condos sold for July 2008. I have to apologize here also - I used the search parameters of July 1 - July 31, and it still shows 18, but if you actually look at the day it sold - a few are in June - don't know what the glitch is? But this gives you a good idea of whats happening here anyway. Don't forget - if your looking for a buyers agent - give me a call. 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 ©8/6/2008 by Hawaii Information Service   SALES  Search criteria: Hotsheet from 7/1/2008 through 7/31/2008 including status changes to S TMK Taxkey 3-7. MLS Form Condo