Home Ownership Matters in Hawai’i
Fast Fact: Flooding is the number one natural disaster in the United States. Floods have impacted every state in the country and caused significant loss of life and hundreds of billions of dollars in property damage.
Featured News from Hawai’i and the Nation
Timely, relevant and useful information about Hawai’i real estate, finance and policy issues for homeowners and prospective homeowners.
The State of Hawaii has passed House Bill 1418 to clarify our state building laws and avert a disaster in our federal flood insurance coverage.
REALTORS in Hawai’i are actively working to amend a law that could cause up to 60,000 homeowners to lose their flood insurance this year.
Heavy rains can happen at any time and can result in flash floods. In October 2004, a flash flood in Manoa, a residential neighborhood in Honolulu, caused $85 million in damage.
While not for everyone, homeowners who have embraced the trend say they enjoy the time and cost savings a home with a tiny footprint delivers.
The median sales price in homes across Hawai’i were up year-over-year in 2016. Single-family homes were up nearly 5% and condominiums were up over 7%.
Recently Featured Stories
Have You Signed The Homeowner Bill of Rights?
It’s time to stand up and be counted! Did you know that homeowners pay between 80 and 90 percent of all federal income taxes? If you are a homeowner, show your support now for a Homeowner Bill of Rights. Sign it now!
The Hawai'i Association of REALTORS® is the voice for real estate in Hawai'i. We are a state-wide trade association representing thousands of members involved in all aspects of the residential and commercial real estate markets throughout he state. The Hawai'i Association of REALTORS® is the business and public policy advocate for its members and the consumers they serve.
Hawai'i Real Estate in the News:
Big Island Now
East Hawai‘i Real Estate Sales Volume Balloons
August 16, 2016
“The Big Island is currently in the midst of its hottest real estate market since the rainbows-and-unicorns era of 2006-07.”
These 3 Major Problems Stress Out Hawai‘i Residents. What Can We Do to Fix Them?
March 7, 2017
In a survey recently released by the Hawai‘i Association of REALTORS, those surveyed selected traffic and two other issues as their main causes of stress.
The Best Cities to Be a Homeowner
February 9, 2017
“Homeowners in Hawaii have seen some impressive growth in home values over the past few years.”