Real Estate Blog
Experts: Here’s what Lake Nona needs next
While playing tennis and having a dedicated place to take your kids when they're sick is nice, here's what else might be good for Lake Nona.
Lava from Hawaii’s Kilauea volcano claims 35 structures in Big Island subdivision
Hawaii County Civil Defense officials said Monday that a total of 35 structures, most of those homes, have been destroyed by lava flowing from the eruptions from 10 fissures on Kilauea’s east rift zone, while officials with the U.S. Geological Survey’s Hawaiian Volcano Observatory said the dropoff in activity from the eruption is “likely only a pause in activity.”
Although activity from the volcano in the Leilani Estates subdivision, where the first eruption began on Thursday, has subsided,…
Kahala home sells for $17M, highest Oahu MLS sale in 2 years
The sale of a luxury home in Honolulu’s upscale Kahala neighborhood to an unnamed buyer recently closed for $17 million, one of the highest prices for a single-family home on Oahu in the last two years, according to Coldwell Banker Pacific Properties.
The sale of the home on Royal Place, called Punahele, is the highest Multiple Listing Service sale of a single-family home on Oahu in the last 24 months, the Honolulu real estate firm said.
Beth Chang and Tracy Allen of Coldwell Banker Pacific…
Hawaii Volcanoes National Park reopens following two-day closure
Part of Hawaii Volcanoes National Park reopened on Sunday following a two-day closure that was caused by a sequence of earthquakes that triggered rock slides in the park.
Friday’s 6.9-magnitude earthquake resulted in the evacuation of faculty and about 2,600 park visitors.
The partial reopening on Sunday included the park entrance from Highway 11 to Jaggar Museum; Jaggar Museum; Kilauea Visitor Center; Sulphur Banks Trail; Steam Vents parking lot; Crater Rim Trail, which is open from Kilauea…
Kauai home sales post big gains, prices mixed
Kauai home sales posted double-digit gains in April on mixed prices, according to statistics from Hawaii Information Service on behalf of the Kauai Board of Realtors.
Condominium sales posted the largest gains in April, with a 7.8 percent increase in the median price to $463,500, from $430,000 in April 2017. Sales of Garden Isle condos rose to 42 units sold, from 35 units sold last year, an increase of 20 percent.
Single-family home sales rose to 39 houses sold in April, an increase of 14.7 percent…
Big Island home prices post gains of more than 18% in April
Home prices on Hawaii’s Big Island rose by more than 18 percent in April, compared to a year ago, as sales of condominiums jumped and sales of single-family homes declined, according to statistics from Hawaii Information Service on behalf of Hawaii Island Realtors.
Sales of condos on the Big Island jumped 28.6 percent to 90 units sold in April, from 70 sold during the same month last year. The median price of those units was $372,500, an increase of 18.7 percent from $313,750.
The median price…
Judge dismisses Zillow lawsuit over controversial ‘Zestimate’ tool
The claim alleged the Seattle-based company posts low home values on its website to draw users in order to sell advertising.
A decade in, Rincon Hill housing development may finally move forward
After a decade of starts and stops to build housing at 430 Main St. in San Francisco's Rincon Hill, developers Tidewater Capital and War Horse LLC may be closing to winning over city officials and enough neighbors to move forward.
Lake Mary to see SunRail-oriented development
Developer to build apartments and commercial space near the Lake Mary SunRail station
A planned Denver-area trash/recycling site drew a stink from neighbors, then a fast-growing town killed it by annexing the land
Could a battle over 12 acres of vacant land deep in Denver’s suburbs serve as the setting for a new — and, some say, overly aggressive — approach to annexation, one likely driven by the metro area’s mushrooming growth and ever-shrinking supply of available land?
Scott Eden thinks so. The CEO of Mountain Waste & Recycling had planned to locate a trash transfer and recycling facility on Parker’s border but was stymied last month by the fast-growing town, which voted to annex the land that cost him $2.5 million in 2016 and then rezone it so as to kill his project.
“Here you have a town going outside its jurisdiction and taking away a rightful use that was established 20 years ago,” said Eden, who still owns the land. “It’s a taking of my land-use rights.”
According to local land-use experts, the town’s decision was a pre-emptive strike to keep nearby residents and businesses from having the sights, sounds and smells of a waste and recycling facility next door. And as rare as such moves..