January 16, 2008

Big Island Real Estate Market Update

The Big Island of Hawaii has seen the sales volume in the residential market decrease over the past year since the peak in 2006. Causing great buying opportunities Islandwide.

Big Island MLS Sales Statistics – Sales Volume
LOCATION PROPERTY TYPE 2006 2007 % INCREASE/

ENTIRE Residential $1,133,249,353 $958,910,123 <15.38%>
PUNA Residential $188,820,314 $148,329,901 <21.44%>
SOUTH HILO Residential $138,404,155 $93,513,499 <32.43%>
NORTH HILO Residential $6,911,888 $7,621,601 10.27%
HAMAKUA Residential $20,445,739 $16,318,740 <20.19%>
NORTH KOHALA Residential $40,845,000 $33,255,990 <18.58%>
SOUTH KOHALA Residential $263,634,942 $249,687,574 <5.29%>
NORTH KONA Residential $389,642,415 $346,580,401 <11.05%>
SOUTH KONA Residential $45,673,450 $35,393,014 <22.51%>

If you are interested in Big Island real estate in Hawaii you can contact American Dream Realty for all your buying needs.

January 16, 2008

Hawaii New Homes New home Developments

American Dream Realty can help you locate a new home from all Hawaii new home developments. Our specialty is helping buyers locating their dream Hawaii home. We’d love the opportunity to assist you with your Hawaii real estate needs. Call us and find out how we can help you locate a new home.
Below are different new home developments we can assist you with.

New Home Developments/Subdivisions in Hawaii Kai

Moana Kai - Choose from seven different types of home-styles, ranging from 1,237 sq.ft. to 1,729 sq.ft. of living area. Call Jeff Manson of American Dream Realty at (808) 792-7040

New Home Developments/Subdivisions in Honolulu

Capitol Place Offers a blend of the modern and traditional. Apartments ranging from approximately 638 sq.ft. (1 Bed/1 Bath)to 1,500 sq.ft. (3 Bed/2 Bath) of living area plus parking. Call Jeff Manson of American Dream Realty at (808) 792-7040

Ko’olani’s – offer only the finest in elegant designer appointments and haute custom upgrades. Residences are 2, 3 and 4 bedrooms with approx living area of 1,113 sq ft to 2,633 sq ft. Call Jeff Manson of American Dream Realty at (808) 792-7040

Moana Pacific – This prime 6-acre site provides views, convenience, and an in-town lifestyle. Residences are from 1 Bedroom/1 Bath to 3 Bedroom/3Bath with approx. living area from 704 sq ft to 2,310 sq ft.
Call Jeff Manson of American Dream Realty at (808) 792-7040

Keola La’i - “the calm, peaceful, contented life” – 350 luxurious one to three bedroom, fee simple residences with spectacular views. Call Jeff Manson of American Dream Realty at (808) 792-7040

The LOFT@WAIKIKI offers designer details including: 12, 15, and 19-foot high ceilings; select units can be combined for 2399 SF custom unit. Standards include 4′ x 8′ deco entry doors, two 11-foot arched, cathedral windows, creative vertical storage spaces, jet-spa bathtub. The open gourmet kitchen boasts SUB-ZERO®, , and BOSCH® stainless steel kitchen/gas appliances. Oversized parking stalls, and designer options available. Call Jeff Manson of American Dream Realty at (808) 792-7040

The Watermark Waikiki Neighborhood bridging Waikiki and Ala Moana, overlooking the beach park, yacht harbor and ocean, The Watermark blends the aesthetics of contemporary design with a tropical sense of place. The Watermark is the new mark of distinction in Waikiki’s architectural and cultural renaissance. Call Jeff Manson of American Dream Realty at (808) 792-7040

Kaiolu Sunrise - Kaiolu means cool, calm water From the lobby tropical decor to the outdoor entertainment pavilion beside the swimming pool, a contemporary Hawaiian atmosphere welcomes residents and visitors.
Call Jeff Manson of American Dream Realty at (808) 792-7040

Palms at Waikiki – Conveniently located across from Hilton Hawaiian Village, Palms at Waikiki is steps away from Waikiki Beach, Ala Moana Shopping Center, the Hawaii Convention Center, and just a short drive from downtown Honolulu. all Jeff Manson of American Dream Realty at (808) 792-7040

New Home Development/Subdivision in Koolina

Beach Villas at Ko’Olina by Centex Destination Properties
Beachfront resort condominium on the sandy beaches of Ko Olina Resort & Marina, where lagoons reflect the moon, exotic flowers scent the sky, and the ocean laps at your feet. Come home to paradise and live your dream. Call Jeff Manson of American Dream Realty at (808) 792-7040

New Home Developments/Subdivisions in Makakilo

Ho’olu Landing at Makakilo
Ho’olu Landing at Makakilo offers five distinguished three bedroom home styles consisting of up to 1,848 square feet of living area. A unique, personalized options program will allow you to customize your homes interior. Convenient dining, shopping and entertainment are just minutes away. Call Jeff Manson of American Dream Realty at (808) 792-7040

Ocean Ridge at Makakilo by D. R. Horton (Schuler Homes Hawaii)
Ocean Ridge features 68 town homes with approx. living area of 1,424 sq ft to 1,529 sq ft.
Call Jeff Manson of American Dream Realty at (808) 792-7040

Anuhea at Makakilo. Anuhea offers 4 model styles ranging from 1,291 to 1,808 square feet.
Call Jeff Manson of American Dream Realty at (808) 792-7040.

High Pointe by Schuler Homes Hawaii
Choose from 12 model styles that vary in size from 1,359 to 2,757 sq. ft. of living space.
Call Jeff Manson of American Dream Realty at (808) 792-7040.

Kai Nani at Makakilo by Schuler Homes Hawaii
This condominium town home community of 96 units will offer 12 floor plans ranging from approximately 1,010 to 1,766 square feet. Call Jeff Manson of American Dream Realty at (808) 792-7040

New Home Developments/Subdivisions in Ewa Beach

Ocean Pointe by Haseko Homes, Inc.
Comprised of 1,100 acres, Ocean Pointe with its proposed world-class marina, is destined to become a commercial center, a water-oriented retreat and a residential haven. 17 Models to choose from. Call Jeff Manson of American Dream Realty at (808) 792-7040.

Prescott by Gentry offers a classic design in their Prescott II Development, with 3 floor plans to choose from and approximate living areas of 1,466 to 1,803 sq. ft
Call Jeff Manson of American Dream Realty at (808) 792-7040

New Home Developments/Subdivisions in Maili

Kaimalino at Sea Country will offer beautiful views of the Waianae mountain range from some of it’s 86 homes. This new community will feature single family & “duet” homes with six model styles from which to choose.
Call Jeff Manson of American Dream Realty at (808) 792-7040

January 7, 2008

December Housing Stats

Hawaii real estate on Oahu during December, sales of 240 single-family homes and 353 condominiums were reported through the Board’s MLS, decreases of 30.6 percent for single family homes and 22.9 percent for condominiums, compared to the same month last year. This brings total single-family home sales on Oahu to 3,627 for 2007, a decrease of 10.2 percent over the same time period one year ago. Total condominium sales for all of 2007 were 5,499, a 13.8 percent decrease from last year. The full year median prices paid for Oahu properties were $643,500 and $325,000, respectively, increases of 2.1 percent and 4.8 percent over the 2006 prices of $630,000 and $310,000. The total dollar sales volume generated in the housing market for all of 2007 was $4.977 billion, a decrease of 8.9 percent, or $488 million, compared to the $5.465 billion produced one year ago.

There is a 0.6% decrease in Single Family Homes Median Sales Price from last year, while a 1.4% increase in Condominium Median Sales Price in December 2007 compared to the same month last year.

There is a 30.6% decrease in Single Family Homes Sales Volume from last year, and a 22.9% decrease in Condominium Sales Volume in December 2007 compared to the same month last year.
“Even though the number of sales have declined in the last few months of 2007, we are coming off of such record highs that we are still at the levels we attained during the last peak cycle between 1988 and 1991,” said Berton Hamamoto, President of the Honolulu Board of REALTORS®. “The Honolulu real estate market has faired well this year in comparison to many Mainland cities. We showed modest gains of 2.1 percent and 4.8 percent for single-family and condo sale prices, as opposed to negative numbers for several U.S. cities.”

“Housing resales during December were low but this was not unexpected,” added Harvey Shapiro, Research Economist at the Board of REALTORS®. “The economy in Hawaii has been maintaining its strength although there are some indications of a coming slowdown.” cityneighborhoodinfo.com has relocation and property information accross the united states. Source: The Honolulu Board of REALTORS®