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  • Friday, September 14, 2018 2:54 PM | Karin Shaw (Administrator)

    In November, Hawai‘i will be voting on a proposed amendment to the constitution that will have far-reaching implications: 

    “Shall the legislature be authorized to establish, as provided by law, a surcharge on investment real property to support public education?” 

    WHAR supports public school education, but, we strongly oppose this ballot measure for essentially new taxes because:

    • Everyone’s cost of living will increase, including the cost of housing.
    • There is no guarantee the money from this tax will reach classrooms and students.
    • The counties’ constitutionally protected authority to tax real property will be jeopardized.
    • The entire ballot question is extremely vague; the legislature will define the parameters of the tax.
    • The tax is not limited to only $1 million or more residential investments by foreign investors, as proponents would have you believe.
    Since the counties have the authority to tax property, this amendment will be an additional tax on real property. The burden will ultimately be on the consumer.
     
    WHAR supports public education, but strongly opposes a new tax when there are existing laws in place to raise revenues for public education—an amendment to the constitution is not unnecessary and nearly impossible to reverse.

     

    Vote NO on new taxes because Hawai`i’s cost of living is already too high.


     

    To learn more or to contribute to assist in this effort, please visit

    www.affordablehawaii.net


  • Friday, June 15, 2018 1:23 PM | Karin Shaw (Administrator)

    May 2018 sales show slight decrease from 2017; market still robust.  Click here to view statistics

  • Monday, June 04, 2018 11:57 AM | Karin Shaw (Administrator)

    Join us for a Governor and Lieutenant Governor Candidate Forum, presented by the Kona-Kohala Chamber of Commerce and Community Forums. 

    Friday, June 15th

    5:30 p.m. – 8 p.m.

    Kealakehe High School Cafeteria

    74-5000 Puohulihuli Street

    Kailua-Kona, Hawai‘i Island

    The forum for Lieutenant Governor candidates (5:30 – 6 p.m.) will precede the forum for gubernatorial candidates (6 – 8 p.m.). Moderator Sherry Bracken will pose questions to the panel of candidates.

     Along with the Kona-Kohala Chamber of Commerce and Community Forums, our co-sponsors include the Kohala Coast Resort Association, League of Women Voters, West Hawaii Association of Realtors and West Hawaii Today.


  • Thursday, May 31, 2018 10:28 AM | Karin Shaw (Administrator)

    Kilauea, the active volcano that began erupting on Hawaii’s big island four weeks ago, is still carving its path of destruction through homes and other structures. Ten more homes were lost over the Memorial Day weekend, bringing the total to 92 structures destroyed by burning lava so far, according to local newspaper the Honolulu Star-Advertiser.

    The disaster has thrown the local real estate community in and around Leilani Estates — the residential subdivision of 1,500-plus residents on Hawaii’s main island that has seen the brunt of the damage — into action offering assistance to residents, but also reflection on the long-term damage to a community that will never be the same.

    Hawaii Realtor Kehaulani Costa

    Hawaii Realtor Kehaulani Costa | Credit: Kehaulani Costa

    Kehaulani Costa, executive officer of local real estate board, Hawaii Island Realtors, said that it was still an isolated part of the Big Island which was being affected, the large town of Hilo, just 40 minutes drive away was feeling no effect despite the fact they are living on a live volcano.

    “In Hilo, you wouldn’t know anything is happening, you almost feel bad being in Hilo, life is absolutely normal, while 15 miles away, people are being devastated,” she said.

    The executive officer said two or three Realtors had lost homes in Leilani Estates up until last week but she feared those numbers had grown over the weekend.

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    Costa said that a number of private citizens were going up in helicopters and giving people in the community information on whether their house was still there or not. People were following the Facebook Hawaii Tracker group and the Puna Lava Update was keeping people informed, she said.

    The executive officer is not expecting it to stop any time soon.

    “This could go on for years for decades — this could be the new normal, the new volcano area, there’s no predicting it. It could also shut down in a number of days,” Costa said.

    She said the sheer volume of lava still coming from the fissures made locals think that there is no end to the disaster in sight.

    Observing the lava spewing out of fissure 8 yesterday from a local nearby surf beach, Costa said, “It’s so surreal, it feels prehistoric, it’s like looking into Jurassic Park.”

    Costa said her priority and that of the real estate community was to find housing for those displaced.

    Many Leilani Estates residents had come to retire there, and they don’t necessarily have the funds to easily relocate, Costa said. Hawaii Island Realtors has been talking to vacation rental companies to see if homeowners would be interested in renting homes long-term instead.

    Costa is also meeting with the prosecuting attorney’s office today to see if there is any way to free up housing lying vacant due to foreclosure.

    Foreclosed homes can’t be easily resold or rented. If the various stakeholders could problem solve that, it would be a huge help, she said.

    “If not, we are going to have a serious squatter issue so we can either figure out a way to do it legitimately, or people will figure out a way, and our county will be taxed for dealing with it,” she said.

    Costa said she would like to talk to executives of Realtor associations in other parts of the country who have gone through disaster in the past year to see how they have overcome temporary or longer-term housing problems.

    “We are challenged, we are surrounded by water, so moving to the next town over or the next state over is not such an easy option for people,” she said.

    A local lumber company is erecting kits for tiny homes, she added. Accessory dwelling units are another solution, and many homes in the area have plenty of land to accommodate these, according to Costa.

    Of course with disaster comes opportunity. Vacation homeowners in nearby Kapoho are monitoring the situation closely, some parts of the area below Leilani Estates were being affected by infrastructure problems with the lava straying into power plants.

    “But if the lava goes around them, they may be in prime location in the future to have vacation homes,” Costa said.

    Email Gill South


  • Friday, May 25, 2018 12:00 PM | Karin Shaw (Administrator)

    West Hawaii Association Realtor Member, Gretchen Osgood states, “Kona sales are still running strong! Houses and condos switched places for the lead in April, houses closed 46 overall and condos closed 51, land sales held steady at 10. Pending sales are also still holding strong with houses at 112 and condos at 90, very similar to last month so May should also have strong closings.

    View Island wide statistics for April here


  • Tuesday, February 06, 2018 4:30 PM | Karin Shaw (Administrator)

    Real Estate sales for January 2018 were slightly down from 2017 and may reflect the uncertainty the tax reform bill created with buyers and may also reflect the low inventory available for sale. January 2018 statistics can be viewed here

  • Wednesday, November 08, 2017 11:21 AM | Karin Shaw (Administrator)

    ​DAILY REAL ESTATE NEWS | MONDAY, NOVEMBER 06, 2017

    The National Association of REALTORS® Board of Directors today voted to give agents more flexibility in MLS choice, expanded the criteria hearing panels should consider when local associations are vying for territorial rights, and many other considerations recommended by committees at the 2017 REALTORS® Conference & Expo.

    Click here to read more:  http://realtormag.realtor.org/daily-news/2017/11/06/nar-board-approves-mls-policy-changes


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West Hawaii Association of REALTORS®
75-5995 Kuakini Hwy., #221, Kailua Kona, HI 96740
Phone (808) 329-4874 Fax (808) 329-5191





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