365 Hawaii Real Estate Minute
365 Hawaii Real Estate Minute
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June 2024 Hawaii Real Estate Market Report | Island-Wide Update
June 2024 Hawaii Real Estate Market Report | Island-Wide Update
Julie Ziemelis, Realtor, Real Broker moderates our monthly island wide update. Join us as we delve into the June 2024 market report, featuring insights from our parters across different regions of the island and our mortgage expert, Joe Eagan.
West Hawaii Market Insights:
Condos: A significant 50% drop in sales compared to last year.
Homes: A slight increase in single-family home sales with current market trends and price updates.
Neighborhood Trends:
Pualani Estates:
Current listings, sales, and market dynamics.
Alii Lani: Active listings and recent sales activity.
Lahi Makai: Market trends and price movements.
Luxury Market & Other Regions:
Waikoloa Village:
Luxury listings and market performance.
Mauna Lani: Insights into high-end real estate activities.
Kohala Region: Limited activity with focus areas.
East Hawaii Market:
Puna District: Median prices, days on market, and list-to-sales price ratio.
South Hilo: Market trends and current statistics.
Financial Insights:
Mortgage rate trends and future projections by Joe Egan.
Impact of upcoming NAR settlements on real estate transactions.
Key Takeaways:
How insurance assessments are affecting the condo market.
The resilience and adjustments in the single-family home market.
Detailed neighborhood insights for potential buyers and sellers.
Financial trends and advice for navigating the current market.
Upcoming legislative changes and their impact on buyers and agents.
Stay informed with the latest real estate trends and insights from industry experts. Whether you're looking to buy, sell, or invest, our team is here to provide you with the knowledge and guidance you need to make informed decisions.
Contact Us:
Julie Ziemelis | RS-85062
REAL Broker
Julie@Ziemelis.com
808-333-1004
www.365hawaiiliving.com
Don't forget to like, comment, and subscribe for more updates!
Thank you for watching, and we look forward to helping you with your real estate needs in Hawaii. Mahalo!
#HawaiiRealEstate #MarketUpdate #RealEstateTrends #HawaiiHomes #LuxuryRealEstate #365RealBroker #JulieZiemelis #WestHawaii #EastHawaii #FinancialInsights #NARSettlements #RealEstate2024 #BuySellInvest
Переглядів: 637

Відео

West Hawaii Real Estate Market update June 2024
Переглядів 87714 днів тому
Julie Ziemelis, Real Broker and Lance Owens from LUVA Real Estate discuss current and historical housing market trends in North Kona, Hawaii. Key points include: Latest market stats for May 2024 compared with the previous year. 20% increase in home sales. Slight dip in median home prices. Significant changes in condo prices. Impacts of recent insurance rate hikes. Effects of historical vog on s...
East Hawaii Market update June 2024
Переглядів 86414 днів тому
What is going on with the East Hawaii real estate market? It is slowing. According to Amber Haley, Real Broker, days on market have soared to 90 days in Hawaiian Paradise Park, showing a softening market as we head into summer. The days on market and prices seem to be holding steady in the Hilo market. Insurance reliability is key at this time, as insurance companies are raising rates or pullin...
Investment Condo at Keauhou Resort For Sale
Переглядів 46514 днів тому
Just Listed! MLS#710910 $530,000 Your chance to own in a fantastic ocean view condo complex in Keauhou is here! This one bedroom, one bathroom condo is ready for your updates! The bones on this vaulted ceiling condo are amazing, and with design vision, this condo will be a gem for either vacation rental or living full time. The lanai is 200 square feet, perfect for indoor/outdoor living with la...
Big Island Real Estate and Mortgage Update May 2024
Переглядів 970Місяць тому
Guess what!? The rates have dropped! That is some good news shared in this market update to include a mortgage update. Across the board, the market is slowing with average list to sales price at 93%. More homes ARE coming on the market and days on market are over 40 days. This episode includes Joe Eagan, Wynn and Eagan Team, Julie and Eric Ziemelis, Real Broker in West Hawaii, Amber Haley, Real...
Thinking about starting a biz in West Hawaii?
Переглядів 370Місяць тому
Many people who are looking to buy a home in West Hawaii, are also trying to find a way to start a business to make it happen. From farming to retail or restaurant, getting good inside knowledge is key! We interviewed Ken Hoyle, the Center Director for the Hawaii Small Business Development Center. We talk about how he offers education, resources, and connections with other business people. If y...
West Hawaii Real Estate Update May 2024
Переглядів 879Місяць тому
You get a Three-fer this month! We discuss the West Hawaii Real Estate market update in an ocean side condo and show you some Kona low storm waves, too! Lance Owens, LUVA Real Estate and Julie Ziemelis, Real Broker, discuss the market. Condos have picked up from a slump earlier this year with days on market declining and list price to sale getting closer to 100%. The absorption rate still shows...
East Hawaii Real Estate Market Update, May 2024
Переглядів 1,8 тис.Місяць тому
Here's a three-fer! Amber and I showed off a brand new built four bedroom home in HPP, discuss the real estate market in East Hawaii AND let you in on the adventure we had that day to a little known black sand beach in Puna. Overall, prices inched up a bit, as did the days on the market and homes are still selling for about 7% below asking price. You can reach Amber Haley directly to learn more...
Buying a House in Kona, Here are 3 Popular Neighborhoods
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There are three large master planned developments in Kailua Kona, Lokahi Makai, Pualani Estates and the condo complex, Ali'i Lani. We take you on a walking tour of all three discussing the pros and cons and point out amenities. We chose these subdivisions because each month, we discuss the trends in these neighbhorhoods to give our viewers a good idea of pricing trends, supply and demand as the...
Hawaii Mortgage update April 2024
Переглядів 5312 місяці тому
Rates have risen to 7.35% and there is no rate cuts in sight as the Fed sees inflation still not where it needs to be, according to Joe Eagan, Wynn and Eagan Team. Joe shares with us more information about the rates, when do we see relief and what strategies should homeowners do at this point. You can reach Joe Eagan director at Joe@WynnTeam.com Eric and Julie Ziemelis are Realtors with Real Br...
Hawaii Island Real Estate Update April 2024
Переглядів 1,3 тис.2 місяці тому
The real estate market is slowing around the island, days on market are over 40 and list to ask price is between 91-96% in various markets. Our 365 Team provides the housing stats for West, East, North and South Hawaii Island AND gives insights into their favorite neighborhoods. We also discuss listings we have! You can check out our 2/2 condo for $629k in Kona on AlohaLiving.com MLS number is ...
West Hawaii Market Report April 2024
Переглядів 8862 місяці тому
The real estate market in West Hawaii continues to be busy and prices are increasing slightly, with the median home price now at 1.5 million. The single family housing market saw a 24% increase in sales month over month. The condo market is softening with a drop in sales of 8.5% month over month. Good news-we are seeing more homes coming on the market. Rates are rising, which is having an impac...
Should I Buy a Condo in Kona in 2024?
Переглядів 3,7 тис.2 місяці тому
There are MANY factors that have come up in the past year that people consider buying a condo in Hawaii (and West Hawaii) need to understand. Insurance companies have pulled out of the market or pushed prices up, legislation trying to get more long term rentals opened up for residents is creating pressure on single family homes that COULD be a good thing for condos in the long run and the slowi...
Market Update East Hawaii April 2024
Переглядів 2,6 тис.2 місяці тому
Quick East Hawaii snap shot- Home prices ticked up along with days on market and inventory remains persistently low in Hilo, while Puna has more available homes for sale than anywhere on the island and days on market are about 45. For more, check out this market update with Amber Haley, Real Broker and Julie Ziemelis, Real Broker. Looking to drill even further into how the market is performing ...
Hawaii Island Real Estate Update and Issues Affecting Buyers
Переглядів 1,4 тис.3 місяці тому
In a nutshell-Rates are holding steady, the list to sale ratios are under 97% in most neighborhoods of Hawaii Island and more inventory is coming on the market. Mortgage rates are not expected to fall below 6% for this year, so buyers have to get used to these rates. A few key stats: North Kona hit a new median price at 1.5 million List to sales price in Hilo is 91%, the lowest on the island. D...
East Hawaii Real Estate Market update March 2024
Переглядів 1,1 тис.3 місяці тому
East Hawaii Real Estate Market update March 2024
Moving To Hawaii - The Good, The Bad, and The Ugly
Переглядів 5 тис.3 місяці тому
Moving To Hawaii - The Good, The Bad, and The Ugly
West Hawaii Real Estate Update-March 2024
Переглядів 6963 місяці тому
West Hawaii Real Estate Update-March 2024
Epic Ocean View Kona Condo for Sale- Our listing!
Переглядів 8593 місяці тому
Epic Ocean View Kona Condo for Sale- Our listing!
Hawaii Island wide Real Estate and Mortgage Update- February 2024
Переглядів 7664 місяці тому
Hawaii Island wide Real Estate and Mortgage Update- February 2024
Everything You wanted to Know about Title and Escrow on Hawaii Island
Переглядів 5814 місяці тому
Everything You wanted to Know about Title and Escrow on Hawaii Island
West Hawaii Market Update February 2024
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West Hawaii Market Update February 2024
East Hawaii Market Update February 2024
Переглядів 1,9 тис.4 місяці тому
East Hawaii Market Update February 2024
All About South Kona and Key Neighborhoods
Переглядів 5 тис.5 місяців тому
All About South Kona and Key Neighborhoods
Hawaii Island Real Estate Update January 2024
Переглядів 1,1 тис.5 місяців тому
Hawaii Island Real Estate Update January 2024
Cons of Retiring On the Big Island of Hawaii
Переглядів 5 тис.5 місяців тому
Cons of Retiring On the Big Island of Hawaii
West Hawaii Real Estate Update January 2024
Переглядів 5735 місяців тому
West Hawaii Real Estate Update January 2024
East Hawaii Real Estate Update January 2024
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East Hawaii Real Estate Update January 2024
Cons of Living in East Hawaii
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Cons of Living in East Hawaii
Interest Rate Drop Update For Hawaii Homebuyers
Переглядів 3695 місяців тому
Interest Rate Drop Update For Hawaii Homebuyers

КОМЕНТАРІ

  • @jeffhiggins808
    @jeffhiggins808 2 дні тому

    I live in HPP and your information is quite accurate according to my 20 years of experience on the Big Island. Good job. Just add the advice to mainlanders moving here to chill out. They need to adapt to our culture because we sure as hell aren’t going to accept theirs.

  • @brienmacgearailt7801
    @brienmacgearailt7801 2 дні тому

    Why is Hawaiian shores L2

  • @user-ob3pn5gd2z
    @user-ob3pn5gd2z 4 дні тому

    Excessive used of hands on both parties was very distracting.

  • @raylagesse6143
    @raylagesse6143 4 дні тому

    It must be quite challenging to make the sale in the Puna district given the active volcano situation, it's a testament to your abilities as estate agents. Impressive.

  • @rwssmith5975
    @rwssmith5975 5 днів тому

    If you move to HPP you WILL BE ROBBED. Guarantee.. The meth heads will rip and rob you.

  • @lovely-mk4rt
    @lovely-mk4rt 5 днів тому

    How could I see the HPP listings?

    • @365HawaiiRealEstateInfo
      @365HawaiiRealEstateInfo 3 дні тому

      Contact Amber at amber@haleyhawaii.com - she can get you set up on a listing alert and get you what is on the market right now in your price range.

  • @hawaiiangurl808
    @hawaiiangurl808 6 днів тому

    365 Mahalo for your honesty ! Amber, how is the drug situation in east Hawaii ? What district in east Hawaii is dangerous to live in ??? I am asking because I live in Oahu and not Hawaii island. I see that East Hawaii is affordable, or should I say the cheapest place to purchase on the big island. Also, there's a lot of unpermitted homes for sale and cash only sales. What's up with that ???

  • @rickdesarle9875
    @rickdesarle9875 6 днів тому

    Real Estate Crash Incoming.

    • @365HawaiiRealEstateInfo
      @365HawaiiRealEstateInfo 3 дні тому

      Softening. The dynamics are not in place for a crash..too many people have too much equity in their homes.

    • @rickdesarle9875
      @rickdesarle9875 3 дні тому

      @@365HawaiiRealEstateInfo Pick whatever pronoun you want. Banks will fail.

  • @RosenkeArt
    @RosenkeArt 6 днів тому

    Mahalo for addressing NAR issue

    • @365HawaiiRealEstateInfo
      @365HawaiiRealEstateInfo 3 дні тому

      Thanks for this comment..we will be talking about it ALOT more as we get closer to August 17th when it all goes into effect!

  • @user-jm8yu9zl7n
    @user-jm8yu9zl7n 6 днів тому

    Also remember turtles the size of dinner plates in my yard and four ft tall birds

  • @user-jm8yu9zl7n
    @user-jm8yu9zl7n 6 днів тому

    When I lived in Florida, we had fire ants in ft Myers.

  • @havaianuu
    @havaianuu 8 днів тому

    One very important factor is rain fall, the pther is the Vog. The Big Island has two distinct areas as far as rain fall. The windward side, the east side, better known as Hilo side has far more rain fall than the leeward side, the west side, better known as the Kona side. Due to the rain fall the windward side is far more lush than the leeward side, which is very dry from the middle of October until the middle of April. Many folks on catchment, especially on very dry areas like Ocean View Estates, during very dry periods may have to have water delivered by water truck, at a cost of a few hundred dollars. While the West side has a some lush areas, it is mostly rocky and barren except for the Ohia trees. Also the West side is plagued by Vog, the volcano fog when the Kilauea Volcano is active due to the prevailing winds. It is a fact that many people moved to Kona, loved it but couldn't stand the Vog so they moved away.

  • @havaianuu
    @havaianuu 8 днів тому

    Before making some observations, please allow me to give you my background. I've lived in Hawaii Island for 37+ years and was a Real Estate Agent for a while. While Andy's info is mainly accurate it has some flaws. 1- The land in the Big Island is mainly rocky. There are areas like Hamakua that have deep soil but the land is mostly rocky most everywhere else. 2- Having trees in your lot means nothing, most tree covered lots once bulldozed .one will have a scant soil cover that will filtered down through the rocks once a few rainy days go by and one is left with a flat but rocky lot. That is why in most cases a few loads of cinder are used to make a nice smooth surface. BTW we have two types of cinders, red and black. The red cinder's color is from having a lot of iron, plants grow better on the black cinder 3- The top half of Nanawale Estates, not mentioned by Andy, has county water and home delivered mail, the bottom half is on catchment and no mail delivery. A lot of subdivisions in Hawaii island .have a community area, or several, where each home will have its own mailbox .In my case my mailbox is 1.5 miles from my home. Also cable TV is not available in many areas. 4- The cost of bulldozing a residential lot is about $5,000. Andy's $9,000for just for a driveway and house pad is a way over the top estimate and so is the septic tank estimate. 5- Right by me about 5 years ago a 3 bedroom, 2 bath, owner built beautiful house cost $150,000. Building materials have gone up for a while but have come down some. One way to save a ton of money is to buy as much or all the building materials on the West Coast, put in a container and ship it to Hawaii Island. 6- A buyer should be aware that in some subdivisions the main roads are paved but the side roads maybe dirt roads, some are better maintained than others. 7- If a buyer is considering getting electricity from the local provider, one should find out if the power is in front of the lot, if not how far away does it stop. Power poles are spaced at 180 feet, normally, and they are pretty expensive to install. In summary I hope this info may help someone and it is my opinion that Andy's estimates are clouded by the fact that if he sells a lot for $10,000 at the vacant land commission of 10% it will bring in $1,000 but if one buys a $200,000 at the commission rate of 6% it brings in $12,000, a 12 times fold for almost the same amount of work.

  • @Beck-Stein
    @Beck-Stein 8 днів тому

    I am here now and one major factor I noticed from Maui and Oahu are the large amounts of low income mainlander transplants. The island is very void of locals and is now ghetto. Having walmarts in all parts of the big island would be fitting.

  • @marcielynn4886
    @marcielynn4886 8 днів тому

    Two years old, the price is double now.

  • @anthonyjohnson100
    @anthonyjohnson100 9 днів тому

    Don’t forget to buy local!! Argus building supply is the best place to buy your lumber. Best customer service and custom home design.

  • @Fehren_Hi
    @Fehren_Hi 9 днів тому

    HOVE. Hawaiian ocean view estates. Theft happens everyday. The drug problem is huge. People go in blindly purchasing property thinking they can get their slice of paradise, not knowing what the real deal is. Only the strong and simple living survive out there. To travel to work is about 1hr 45min either way a(leaving ur home vulnerable to beak ins), unless u can work from home. Its a place where u need to count on ur neighbors and community.

  • @Fehren_Hi
    @Fehren_Hi 9 днів тому

    🙄🙄🙄🙄 uuuggghhh.

  • @coffeebotography
    @coffeebotography 10 днів тому

    For the ants: Collect many in distilled water. Blend After a week the fungus will proliferate Pour toxic juice on nests You’re welcome😊

  • @davidlopez8776
    @davidlopez8776 12 днів тому

    great info thanks you

  • @user-rh8fl8qz2z
    @user-rh8fl8qz2z 12 днів тому

    Its not just "east" hawaii. Its the WHOLE STATE! "The Most CORRUPT State in America" according to a recent published university study. FOX recently rated HI as the WORST FINANCIAL STABILITY...Behind Louisiana, Mississippi and Alabama! Noth to mention the Public Scools also LAST in America...highest inflation...

  • @jolalustav
    @jolalustav 13 днів тому

    Thanks for these updates. Would love more info on the mid-term rental market, maybe a video on this subject?

  • @joshadams8761
    @joshadams8761 13 днів тому

    Great sound quality and natural lighting in this video!

  • @michaelstockl9096
    @michaelstockl9096 14 днів тому

    Amber Haley 😍

  • @RosenkeArt
    @RosenkeArt 15 днів тому

    Will you talk about the new upcoming NAR lawsuit and how it may affect seller and buyers, plz

  • @RosenkeArt
    @RosenkeArt 15 днів тому

    My hurricane insurance jumped from $400 to 1200 for 2024-2025 year/period. South Hilo

  • @nick1luke
    @nick1luke 15 днів тому

    Beautiful condo thanks for the info! Keep posting!!!

  • @christinewhyte7267
    @christinewhyte7267 16 днів тому

    Great show! Thank you!

  • @darylelum6719
    @darylelum6719 16 днів тому

    i appreciate all you time and work.

  • @glenngoveia689
    @glenngoveia689 16 днів тому

    Lots of great information. Thank you both!

  • @michaelmatusa11
    @michaelmatusa11 16 днів тому

    Are their any insurers other than NREIG who insure svtrs in lava zone 2? Love the videos btw.

  • @365HawaiiRealEstateInfo
    @365HawaiiRealEstateInfo 16 днів тому

    Interested in this condo? Email us at Julie@Ziemelis.com or call Eric directly at 808-333-1004

  • @lovely-mk4rt
    @lovely-mk4rt 16 днів тому

    Excellent information. Saving and sharing 🌺

  • @punaforager
    @punaforager 17 днів тому

    The fire ants started about 13-14 years ago and nobody was talking about them until three or four years later when they became widespread. The coqui frogs started about 19 years ago. Walmart was a huge contributor to the coqui problem and may have been how they came to begin with- in plants they imported from Puerto Rico.

  • @jerryyeh2251
    @jerryyeh2251 18 днів тому

    I live 5 miles from the town of Pahoa. We have mail delivery to our own mailbox. I drove through Orchid land, the one with 3 acre lots, a few times before. Most of their roads are UNPAVED, plenty of potholes. I feel this video is not truthful, it is a shame.

  • @jerryyeh2251
    @jerryyeh2251 18 днів тому

    I think the two ladies did not mention geckos. They somehow can squeeze into your house, and hard to get rid of.

  • @jerryyeh2251
    @jerryyeh2251 19 днів тому

    I live about 5 miles from Pahoa for 2-1/2 years. I feel it is safe here. But, keeping firearms for self protection is a prudent thing to do.

  • @imonearthnow1903
    @imonearthnow1903 20 днів тому

    The answer is: No!

  • @onetruekeeper
    @onetruekeeper 25 днів тому

    Oahu is too congested. Too many people trying to survive here. Island this small was never meant to support a huge population like this. Most new residents should kindly relocate to the mainland so that we can all breathe.

  • @jdpyle378
    @jdpyle378 25 днів тому

    Thank you for all you do! You have more energy then the Energizer Bunny! I always like your realism and truthfulness. I have volunteered a few times with you and all the people are very nice. I know I don't volunteer a lot, but that is because I am still a little shell shocked from doing too much volunteering on the mainland and need a bit of a break. Like you, every day of the week was volunteering or being on the board of many organizations. We relied heavily on your videos and books and other research before we moved here and all the cons for US, were never an issue. 4 years and counting! (I do miss well stocked shelves in stores, however.)

  • @panlasanitisoy
    @panlasanitisoy 29 днів тому

    Cocqui frogs came from Walmart Hilo, bringing plants from Puerto Rico. It was in the papers when it started back in the day.

  • @PA96704
    @PA96704 Місяць тому

    Do one on construction loans please.

  • @_JanetLouise
    @_JanetLouise Місяць тому

    good info

  • @clifflong7944
    @clifflong7944 Місяць тому

    The Tang House...bright orange. Couldn't miss it.

  • @aninterestedparty1426
    @aninterestedparty1426 Місяць тому

    Is it possible that in a half hour+ video about the cons (or “challenges”) of living/buying on the East Side that no mention was made of property insurance in various lave flow zones? For example, its cost, even its availability. Likewise, I know it’s not a sexy topic, but what about cess pools, septic tanks, their maintenance and costs, and the probably remote possibility of a sewer system? What percentage of so-called “properties” have access to city/county water, and/or electricity? “And the crime,” as was only mentioned with less than 4 minutes to go. Anyone who’s been there knows to leave the windows of your beater open at any beach spot lest they’re broken for you while your island neighbors are in search of “opportunities.” And maybe that is why so many poor dogs are literally staked & chained in so many yards in that area. And forget about the schools. Hawaii, nationally ranked, is down their educational powerhouses like Mississippi. It’s amazing, how chatty realtors can fast talk around so many serious issues, even when saying they’re here to tell you the truth. And one of them wasn’t even aware until recently that the old kingdom had been overthrown, while the other one referred to that particular time as “back in the day!” Listener beware!

    • @stephaniekeck2606
      @stephaniekeck2606 5 днів тому

      I lived in East Hawaii from 2019 until just last year. I've never seen so much crime in my life. Whenever I leave the big island, I'm relieved to be away from the crime. And serious crime. We get 30 missing people a year. At least that are never found. Grand theft auto is nothing to folks here. Don't say you're going to tell the truth when you're not! You didn't mention the lava zones, catchment for water, cesspools, or what about the waist treatment plant that keeps dumping hundreds of thousands of gallons of raw sewage directly into our most beautiful places of Carl Smith Beach Park? Please if you say you're going to be honest, just be honest

  • @PA96704
    @PA96704 Місяць тому

    Lava zone 2 is a scam. We shouldn't be held to the same building codes like the rest of the island. The worst is Miloli'li where they formed a HOA and selling homes listed from $700000-$1,000,000. Yet there is lots for $30,000 and these guys act like we live in a gated neighborhood in 4seasons.

  • @dianagerkensmeyer-gr3fb
    @dianagerkensmeyer-gr3fb Місяць тому

    Very odd people hawking real estate. Keep Hawai’i land local.

  • @leanneadams2549
    @leanneadams2549 Місяць тому

    Wow ! They need halters and people manners !!

  • @moriscondo5511
    @moriscondo5511 Місяць тому

    does diatomaceous earth work against the fire ants there?

    • @lovely-mk4rt
      @lovely-mk4rt 16 днів тому

      I think that would be a good option to try

  • @user-kb8uv8lu3b
    @user-kb8uv8lu3b Місяць тому

    This is the problem with the Big Island. Too many haole transplants. May Madam Pele take back all of what you take....Grown here...NOT flown here.