Real Estate Information: News

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6/16/2010 Kalakaua rent still pricey
Rent for retail space on Waikiki's Kalakaua Avenue was down nearly 17 percent in May compared with a year ago, but it still ranked as the fifth-most expensive retail market in North America. Kalakaua Avenue's annual rents were estimated at $300 pe... (full article)
 
6/15/2010 State foreclosure rate easing
Foreclosure proceedings against Hawaii properties continued to rise in June from the same month last year, according to the latest industry report. There were 1,000 properties statewide in some stage of foreclosure last month, up 42 percent from a... (full article)
 
6/10/2010 Mortgage miseries
The number of Hawaii properties caught up in foreclosure in May remained above the 1,000 mark for a third consecutive month, but may be getting close to leveling off. There were 1,055 properties statewide in some stage of foreclosure last month, a... (full article)
 
6/8/2010 Mixed signals seen in May Big Island, Kauai home sales
Big Island and Kauai home sales posted double-digit increases in May. However, median prices fell on both islands, leading real estate watchers to conclude that these markets are still short of recovery. Single-family home sales on the Big Island ... (full article)
 
5/26/2010 Oahu home values may still be sagging
A federal report suggests that O'ahu home values aren't as positive as indicated by local sales data, though the market appears to be on a path of improvement. The Federal Housing Finance Agency yesterday reported that O'ahu single-family home val... (full article)
 
5/25/2010 April home sales get a boost
WASHINGTON - A now-expired homebuyer tax credit and low mortgage rates helped boost sales of previously occupied homes in April. The improvements aren't likely to last. The tax credit is now gone. And economists caution that Americans are facing s... (full article)
 
5/20/2010 Island foreclosures up, survey suggests
A national mortgage industry survey suggests that the number of Hawai'i homes undergoing foreclosure rose in the first quarter compared with a year earlier. The Mortgage Bankers Association said in a report released yesterday that 7,889 home loans... (full article)
 
5/17/2010 Big Island project to add 2,330 homes
A planned Big Island residential community with 2,330 homes initiated by the state to produce workforce housing is on pace to break ground next year despite a recent setback. The estimated $734 million project called Kamakana Villages at Keahuolū ... (full article)
 
5/14/2010 Pacifica Honolulu gets back on track
About 400 construction workers will be getting jobs as work on the partially built Pacifica Honolulu condominium tower at 1009 Kapi'olani Blvd. ramps up now that the developer has a construction loan from First Hawaiian Bank. Developer OliverMcMil... (full article)
 
5/8/2010 Maui condo sales triple from year ago
Ongoing completion of a 700-unit luxury condominium helped push Maui condo sales in April to a nearly five-year high, while single-family home sales rose by a more moderate clip from a year earlier. The Realtors Association of Maui yesterday repor... (full article)
 

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