Real Estate News

Real Estate

Hawaii County Mayor signs bill giving housing preference to local families

To make affordable housing more accessible to residents of Hawaii Island, Mayor Mitch Roth signed Bill 72 into law this month. This new law seeks to redefine eligibility requirements for affordable housing and hopes to mitigate the current housing crisis in the county.

Real Estate

Green announces return of leased Moloka'i land back to state, DHHL

Hawaii Gov. Dr. Josh Green recently announced the return of more than 363 acres of leased land in Hoʻolehua and Pālāʻau, Moloka’i, back to the state and the DHHL.

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Real Estate

CBIP: 'Please join us in welcoming this talented group of real estate professionals to Coldwell Banker Island Properties'

Coldwell Banker Island Properties (CBIP) has added more than 30 new global luxury specialists and industry experts to its organizations on Maui, according to an update published on its official website on Aug. 29.


Real Estate

Case on new SLR disclosure requirement in Hawaii: 'Disclosing this kind of information' is necessary

Those looking to buy a house in the island paradise of Hawaii can sleep a little bit easier now that real estate transactions must include disclosures about the risk of sea level rise to the property.


Real Estate

Hawaiian Homes Commission's Ailā: New development a 'tremendous opportunity for native Hawaiians to live and grow food for their families'

The Department of Hawaiian Home Lands held a groundbreaking ceremony recently for Phase 1 of its Honomū Subsistence Agriculture Homestead Community in South Hilo on Hawaii Island.


Real Estate

Hawaii attorney general wants an end to 'inappropriate and unnecessary fees' charged by mortgage servicers

Obtaining a mortgage should be a transparent process without hidden fees, which is why a coalition of attorneys general is urging the Consumer Financial Protection Bureau (CFPB) to prohibit mortgage servicers from charging convenience fees.



Real Estate

Ige joins groundbreaking on senior affordable housing project 'to be completed by February 2023'

Ho'okahua Development, LLC, welcomed Gov. David Ige (D) and Hawaii Housing Finance and Development Corporation Executive Director Denise Iseri-Matsubara to the development team at a groundbreaking for the 105-unit Hale Makana O Moi'ili'ili affordable senior rental housing project, according to a news release from the governor's office.


Real Estate

'Entirely different real estate market' on Big Island compared to a year ago, Luva says

The Big Island real estate market did not experience a large shift in July as there is still a high demand for inventory and more buyers than what's available on the market.


Real Estate

Non-profit proposes development in Hilo: 'We’re proposing a mix of senior and family units'

A new proposal for affordable housing in Hilo has taken another step forward as the results of a draft environmental assessment for a 90-unit housing project for seniors has found no significant impact on the environment.


Real Estate

RE/MAX Lava Luxury Opens at Waikoloa Kingsʻ Shops

Today, Chris Fidelibus of Oahu and Peggy Kent of the Big Island announce the opening of RE/MAX Lava Luxury, the newest, full service Real Estate brokerage on the Big Island of Hawaii located in the Kings’ Shops at Waikoloa Beach Resort.


Real Estate

U.S. gift, novelty and souvenir stores report $522 million in sales for May

The estimated sales for gift, novelty and souvenir stores for May 2020 was $522 million, according to the U.S. Census Bureau's Advance Monthly Retail Trade and Food Services Survey.


Real Estate

Kīlauea Disaster Recovery Voluntary Housing Buyout Program to help Hawaiians 'get back on their feet'

Beginning April 30, the County of Hawai'i will begin accepting applications for Phase 1 of the Kīlauea Disaster Recovery Voluntary Housing Buyout Program (VHBP), which deals with primary resident properties damaged by the 2018 Kilauea eruption.


Real Estate

McConaughey purchases Kaupulehu Residence for $7.8 million

Hollywood actor Matthew McConaughey has bought a stylish brand new $7.8 million residential property on Kailua-Kona.


Real Estate

Luxury real estate sales for Hawai'i's only local brokerage grew 26% last year

For full-service real estate brokerage firm Hawai'i Life, 2020 was a record year in luxury real estate sales, a press release from Hawai’i Life reported.


Real Estate

Hawaii reports $54 million in miscellaneous tax revenues in Q3

Hawaii collected $54 million in miscellaneous tax revenue during the 3rd quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.


Real Estate

DHHL: Receives Approval for Pilot Down Payment Program

The Hawaiian Homes Commission (HHC) has approved a pilot loan program and an associated budget for an initiative that will provide applicants on the Department of Hawaiian Home Lands (DHHL) Waiting List with down payment assistance for a fee-simple residential purchase off Hawaiian Home Lands on Oʻahu.


Real Estate

DHHL: Mortgage Loan Deferral Extended for DHHL Borrowers

The Department of Hawaiian Home Lands (DHHL) has extended the postponement of mortgage loan payments for all DHHL direct loans and loans assigned to the Department for an additional three-month period, through March 31, 2021.


Real Estate

Hawaii reports $42 million in miscellaneous tax revenues in Q2

Hawaii collected $42 million in miscellaneous tax revenue during the 2nd quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.


Real Estate

U.S. women's clothing stores report $496 million in sales for April

The estimated sales for women's clothing stores for April 2020 was $496 million, according to the U.S. Census Bureau's Advance Monthly Retail Trade and Food Services Survey.