North Kona

Live on the Big Island Blog

Your Big Island Real Estate resource, by Annette Mejia

Category Archives: Homeowners Updates

Should I Sell My Hawaiian Vacation Home While I’m On The Mainland?

Should I Sell My Hawaiian Vacation Home While I’m On The Mainland?

“We bought a vacation home several years ago on the Big Island. We’ve loved coming to Hawaii since we first married; our vacation home has been perfect for us as our kids grew up. But now we’d like to sell it and buy a bigger home more suited to our lifestyle today. We’re planning on retiring there soon, and want the perfect house for when we do. We’ll be in Hawaii this fall; should we wait until we are there to put our home up for sale?”

I receive phone calls like this one all the time. It’s common for… Read More

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Your Guide to Property Taxes in Hawaii

Buying A Retirement Home On The Big Island? Here’s How To Adjust To Hawaiian Seasons

When I speak to house-hunters considering owning property in Hawaii, one of the many “How to move to Hawaii” questions I hear centers around property taxes.

Can you buy property in Hawaii and avoid property taxes if you use it as a holiday home? How do Hawaii’s property taxes vary across the state? How does Hawaii’s property tax compare to that of other US states? Are cars and boats subject to tax?

To help get your property taxation questions answered, I’ve put together and quick and simple guide to give you all the facts.

Property Taxes in Hawaii: The Basics

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Why Flood Insurance Is Not Optional for Big Island Properties

As is the case in many places, potential homeowners looking to purchasing Big Island properties have to be vigilant about protecting themselves, their homes, and their possessions from flood damage.

Hawaii records an average of 8 flash flood events per year, with the peak flood season occurring in October through April. Rainfall, hurricanes, tsunamis, tropical storm surges and surface runoff all contribute.

Hawaii’s eight yearly flood events seem insignificant compared to larger states, like Texas, which records an average of over 500 flood events a year. But that doesn’t mean you can go without flood insurance, as every part of… Read More

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Big Island Real Estate Saves the Planet: Residential Solar Energy

A bit of honesty for those considering buying Big Island real estate: there are a thousand reasons to buy on the Big Island, but there’s also one negative.

Importing energy to Hawaii is costly. Which means, of course, residents take the hit on their monthly energy bill—often paying between three and four times more than on the mainland.

 

But Hawaii and the Big Island are resourceful places.

Hawaii has more rooftop solar panels per capita than any other place in the country. On the Big Island, unlike other locations in the US, solar panels aren’t just for diehard environmentalists.

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Why Kona Condominiums Are The Hottest Real Estate Market

 Along the Kona Coast on the Big Island, the sea sparkles, the sun beams bright most days, the world’s best coffee sprouts from acres and acres of rich soil, and year-to-date condo sales have increased by 6.28% in 2014! 

 

The last item in that list of Kona perks may not seem as enthralling as the others—but it is! As Big Island real estate professionals know, it’s an exciting time for Big Island real estate, and Kona condominium sales are part of the very promising big picture.

By the numbers

 Not only have sales gone up over 6%… Read More

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What Do 2014 Big Island Real Estate Statistics Mean For You?

Like most of the country, the Big Island’s real estate industry took a hit during and after the housing market crash of 2008.

Buyer confidence plummeted, real estate transactions slowed, and many felt unable to realize their dream of living on the Big Island, while those who had made the leap prior to 2008 wondered if they’d made a mistake.

Thankfully, Big Island real estate statistics for June 2014 show promising, continued growth from last year in the same quarter.

 

The number of sales of single family homes increased 2.2%, and median home prices rose by a healthy 4.46%…. Read More

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