Kailua Kona, HI

Bayview Estates - Kona Neighborhood Video Tour

Bayview Estates is one of Kailua-Kona's Premier neighborhoods. Located in the Keauhou area of Kailua-Kona, this gated upscale development features custom built single family homes and vacant lots, many with panoramic Kona coastline views.

I really like Bayview Estates, the setting is beautiful, from the landscaped streets to the terraced lots that maximize the ocean views, it is a well designed upscale neighborhood. Monthly maintenance fees are just over $200 which is very reasonable. Most of the lots are 15,000 to 18,000 square feet with building pads and in many cases, rock walls. The neighborhood CC&R's have guidelines regarding construction and landscape design to ensure that quality homes are built.

Kailua-Kona's Bayview Estates is just a couple blocks to the Keauhou Shopping Center with restaurants, entertainment, movie cinemas a Saturday morning farmers market and groceries. Click on this link for a current list of homes for sale in Bayview Estates. If you would like more information about Bayview Estates or Kona real estate, contact me at (808) 345-5085 or Konaconnection@gmail.com.

Watch my Neighborhood Video Tour of Bayview Estates

Peaman 2012 Race Calendar is Set

Kona residents and visitors looking for a fun way to get out and exercise have plenty of choices. If you want to mix in some friendly competition, try the Peaman races. Named after founder and chief organizer Sean "Peaman" Pagett, these free races are for all age groups and levels of fitness. The events usually consist of either a sprint triathlon, biathlon or run and they start at the Kailua Pier. The distances are always manageable with swims ranging from 1/4 mile to 3/4 mile, runs are usually 2 to 3 miles and bike distances are normally less than 15 miles. Some of the races feature themes and it's not uncommon to see someone competing in a zany outfit.

I really enjoy the Peaman races, everyone is friendly and out to have fun first and compete second. It's also great motivation to exercise when you know that you have a race coming up. Even if you aren't in great shape you will find someone to push yourself to catch or beat. One of the best things about living in Kona where it is always warm and beautiful is getting out and enjoying it. Check out the 2012 Big Island Race Calendar for upcoming events.

As a resident and real estate agent in Kailua-Kona, Hawaii, I assist buyers and sellers in accomplishing their real estate goals. If you would like to know more about Kailua-kona real estate, contact me at (808) 345-5085 or Konaconnection@gmail.com

Do you ever wonder who is buying what, and with what? CASH? FHA? CONVENTIONAL? USDA? VA?

Well - I do, so I took a look at recent sales in Kailua Kona, Hawaii, just to see what the reports say.

You have to wonder, with all this bailout money going to the banks - there's got to be tons of buyer's - getting great loans - RIGHT?

THINK AGAIN - The bailout money is going to pay down the banks bad debts, pay off the bonuses, but they sure aren't loaning money like they should be. I can name several recent deals where the buyers had excellent credit - high 700s, low 800s, 30% cash down, and they were put through the wringer - 70, 80 + days to "close" - come on? I know the banks are doing lots of refi's, but thats not getting the economy moving? Dont get me wrong, I'm all for the refi's - but lets give loans to well deserving buyers also , ------- ok, ok, before I go on, let me put my facts where my mouth is.

I just pulled 1 month of recent sales - NOVEMBER 2011 - 49 sales

Out of the 49 sales

VA Loans = 1

USDA Loans = 1

FHA Loans = 1

Conventional Loans = 22

CASH = 24

Does this look right, do the numbers seem like they are distributed fairly?

Is this just the "New Economy" ?

I'll just let you "Think about it"

FYI - I looked at the exact same month 5 years ago

VA Loans = 0

USDA Loans = 0

FHA Loans = 0

Conventional Loans = 32

CASH = 7

Think about it

January 3, 2012 - Interview with Kailua Kona Realtor Lance Owens (RS) Aloha Kona Realty Inc.

Ok we all know 2011 was a good year for Real Estate Recovery in Hawaii, but every now and then I like to break it down and see who is buying - what? And it always surprises me, along with many of my readers.

So I took November 2011 Condo sales, 17 sales, to see who is paying the taxes on it - basically the new owner. (December wouldn't be updated yet)

Sales Ranged from -

$53,500 for a 372 sqft studio - leasehold property

To a $1,175,000.00 for 2/2 1,800 sqft, Fee Simple property

How many guessed Foreign investors?

How many guessed Mainland Investors?

How many guessed Owner occupied?

Well if you guessed Mainland investors - you win!

California leads the pack with 4 buyers listing a California address.

Hawaii comes in 2nd, with 3 buyers.

Washington State comes in 3rd, with 2 buyers.

Alaska, Montana, Oregon, Nevada, Texas, Kansas and Minnesota, each brought in 1 buyer.

And we had 1 Foreign buyer - Canada.

Anybody want to guess how many of these sales were cash? ....................... 11 of the 17 were cash sales.

If you get a chance take a look at "Home Sales - who is buying what for November 2011"

Be sure to look for the upcoming forecast for 2012, and a look back at 2011 sales.

Just putting the word out - Our short sale success rate is phenomenal! Take a LOOK

Were closing them out, with no participation from seller (no money out of your pocket - just walk away).

WE negotiate everything - including the HOA, the PMI insurance companies, 2nd liens, 3rd liens, we have even closed investor owned short sales with as little as - zero - participation from the seller.

Currently accepting short sale listings in

Keauhou Estates

Bayview Estates

Hualalai Colony

Pualani Estates

Lokahi Makai

Alii Cove - we need a few in here - please call asap if you have a unit you want to sell

Alii Lani - need a few here also.

We are accepting select other areas also - Please call if you need assistance - 808-936-8383

Take a look at today's closing, seller (investor) paid $730,000 in 2005, closed today for $335,000 and seller paid zero out of pocket!

Na Hale O Keauhou C2