We have been saying for months that property buyers have to be prepared to move fast in the Hawaii real estate market, but this includes the luxury home buyers as well.  Normally buyers in the multi-million dollar price ranges have been able to take their time looking around for a while before committing to property.  […]

Hawaii Loa Ridge is truly one of the zeniths of luxury real estate in Hawaii.  This gated community covers an entire ridge on the eastern side of the island.  The vast majority of homes on the ridge were built in the 1980s.  Because the original developer sold vacant lots, some of the lots were land […]

In the past 2 weeks, 2 units at the Hokua went under contract and another was recorded as sold and were all listed from $1.88 mil to $2.3mil.  These three items likely show an uptick in the desire for the higher end condo market.  The Hokua At 1288 Ala Moana Blvd is a beautiful, luxury […]

A quick examination shows that sales of sales of $2+ mil homes in the Honolulu market has risen to 8 sales in November versus 4 for the same time last year.  The number of YTD sales has roughly been the same, but November showed surprising strength.  Activity in the high end market has been increasing.  […]

Clearly for a great property there can be a lot of bidders not matter the asking price.  David Matlin, head of MatlinPatterson Global Advisers, a private equity firm, has is co-op at 625 Park Avenue on the market and the word is from Jennifer Gould Kiel of the New York Post, the property has multiple […]

According to data from the National Association of Realtors, sales of million dollar plus properties increased in February by 3.9% compared with the same month last year.  It is a positive sign against the data that shows overall existing home sales declined in February.  It is a sign that the recovery in housing is uneven […]

When the Trump Tower Waikiki went up for sale, buyers in Hawaii and in Japan seemed to be jumping at the chance to own what was thought to be a new landmark in Waikiki.  There appeared to be such high demand for the 469 units when they went under contract in a single day.  In […]

Properties that are priced well continue to go fast.  There is a strong demand for housing in certain neighborhoods in certain price ranges.  Take for example two properties that have gone under contract recently.  The first in the neighborhood known as Beachside which fronts along Kailua Beach.  It has been a huge challenge to find […]

After digesting the shock a 27% decline year over year in existing home sales numbers from the National Association of Realtors, I decided to take a closer look at the situation.  The one interesting take away is that there was positive sales growth in the over $1 million market. The biggest gain was in the […]

Yesterday I wrote about homes that were selling quickly.  Well in the last 24 hours 2 more properties have gone under contract very quickly.  Things seem to be really heating up in the high-end of the market. 1.  2144 Okoa Street, Honolulu in Waialae Iki.  Listed for $1.38 million. 2.  353 Wailupe Circle, Honolulu in […]