Housing & Real Estate

Hawai‘i has the highest “housing wage” in the country, at $36.13 per hour ($31.13 in Maui County), according to a new national report released today, or over $75,000 per year.

In Hawaiʻi, more than forty thousand households earn $30,000 a year or less. For them, housing they can afford barely exists.

Hawai‘i Life has acquired the Kailua-based Home Shoppe Hawai‘i LLC, a boutique brokerage firm owned and operated by Yvonne Ahearn.

Four agents from Wailea Realty Corp. A Boutique of Windermere were among those honored at Hawai‘i Business Magazine’s 12th Annual Top 100 Realtors Awards gala.

Maui County hotels reported the highest RevPAR at $293 (+5.9%), with modest increases in ADR at $371 (+5.4%) and flat occupancy of 79% (+0.4 percentage points).

Mauna Kea Realty joins Hawai’i Life Real Estate Brokers and will become known as ​Mauna Kea Realty – A Hawai‘i Life Company​.

Peake & Levoy has acquired JS Property Management’s commercial management division, formerly Commercial Properties of Maui Management, Inc.

Contributing to the decline in occupancy was the increase in supply with the opening of the new 195-unit Westin Nanea Ocean Villas in April 2017.

Vacation rental units put pressure on Hawaiʻi’s already-stressed housing market by reducing homes for Hawai‘i residents and driving up rents.

House Bill 2748 HD2 SD2 CD1 provides a total of $570 million which will generate more than 25,000 affordable units by the year 2030. 

Mayor Alan Arakawa declared April 2018 as Fair Housing Month in recognition of the 50th anniversary of the Fair Housing Act.

This update will focus more on Pāʻia town itself and the neighborhoods of Kūʻau located to the east of Pāʻia town.

RevPAR, ADR and Occupancy Increased for All Hotel Classes in All Counties in February 2018

Almost 36% of all 1,620 homes bought in Kahului, Wailuku and Lahaina metro areas in 2016 were purchased by secondary homebuyers.

When living in Hawaiʻi, it’s not a matter of if your home will be affected by mold growth—but when.

The Maui Vacation Rental Association is offering free membership in 2018 to all permitted vacation rentals in Maui County.

The most prominent market trends for real estate are the ongoing lack of abundant inventory, the steadily upward movement of home prices and year-over-year declines in home sales

Luana is the final phase of development at the top-rated Honua Kai Resort & Spa in West Maui

Nestled on the gentle flanks of Haleakalā in Haʻikū, Maui is a 39 acre ranch that is one of the most unique and beautiful estate properties in Hawaii. The Mea Makamae Ranch (“Hawaiian Treasure”), steeped in history features a luxurious custom home, a deluxe cottage, a small Christmas Tree farm and for those with an equestrian […]

Maui realtor Lee Potts has been awarded the prestigious Certified Residential Specialist Designation by the Council of Residential Specialists

To date, approximately 95 homes at Kamalani have sold or are under contract, more than 45% of which have closed