Kailua Kona Real Estate Blog

Hawaii County Property Taxes

Hawaii County Property Taxes

Aloha, friends how to get the lowest possible property taxes for your Big Island property

So, we are going to look at the property classes and tax rates for each category here on the Big Island and discuss some of the ways to get the lowest possible tax rate and how to go about doing that for your residence

The first thing we are going to discuss the property tax classes and what their rates of taxes are.

Remember these rates are on the tax assessed values set by the county and not the actual price you paid for your property, what redfin and Zillow says its worth,  or an appraised value.   Since the County assessed values are typically lagging behind, the assessed valued…

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Leaving Hawaii | Why People Are Moving Away From Hawaii

Leaving Hawaii

There are plenty of reasons why people move to Hawaii and we have been covering those reasons for quite some time.   Today we are going to talk about some of the reasons why we are seeing a large number of people departing or leaving Hawaii. 

According to the US Census Bureau the population in Hawaii has been on the decline and between 2020 to 2024 it dropped by 0.6%

Yes, people are leaving paradise for about 6 different reasons that we have noticed during the last several years. 

So why are people leaving Hawaii?

Well, the exodus from Hawaii can be attributed to a combination of social, economic and lifestyle factors.

These reasons do apply to people who have moved here and…

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When Is The Best Time To Sell Your Home In Kailua Kona Hawaii

Kailua Kona Real Estate – Time to Sell????

Aloha! 

For the past several months we have been getting asked, when is the best time to sell a property here in Kailua Kona, Hawaii?

In today’s video we are going to discuss a few things to consider on when is the best time to list and sell your property here in Kona.

When selling a property here in Kailua Kona, timing can make a big difference in both activity and demand.

First and foremost, the right time to sell your property here in Kailua Kona can be different for everyone depending upon their specific situation.  Unlike some areas on the mainland, properties are bought and sold in Kailua Kona all year round.

So with that being said, the “best” time to sell real estate…

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Hawaii Accessory Dwelling Unit- Bill 123 Explained ADU

Will the housing market here on the Big Island of Hawaii Change now that Bill 123 on Accessory Dwelling Units is approved?

Well today I am going to jump into this subject and give you an update on this important matter.

In May of this year Governor Green signed into law Senate Bill 3202 Requiring counties to adopt or amend ordinances by December 31, 2026, to allow for at least two accessory dwelling units (ADUs) on all residentially zoned lots. The bill also prohibits private covenants from including certain restrictions, supporting the efficient use of limited residential lands and making housing more attainable for residents. 

This my friends is a game changer so let’s briefly talk about accessory dwelling units if you are not…

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Buying a Home In Hawaii - 5 Common Mistakes Buyers Make

Aloha Friends, do you want to know the top 5 mistakes we see people continually make when buying a home here in Kona Hawaii

We are Stephen Proski and Therese McCarthy with Compass Hawaii and Real Estate Kailua Kona.

Yes, you may have purchased homes before on the mainland or this may be your first time buying a home: we are here to tell you…….things are a bit different in Hawaii. We want to provide information and make sure you are aware of some items particular to Hawaii. And, the mistakes we often see…..so you can avoid them and have a smooth real estate purchase when the time is right.

Okay, so let’s jump into this subject.

 The 1st mistake buyers make when trying to buy a home here in Kona is not having a budget.  Yes, they…

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Hawaii Buyer Representation Agreement

Buyer Representation Agreement Don’t Sign without Asking These 5 Questions

The rules have changed for home buyers and you don’t want to sign any agreements without asking these 5 questions first. 

Aloha friends, it has been about 90 days since the National Association of Realtors settlement agreement with the Department of Justice went into effect and the process for home buyers to purchase a property has been a little confusing and yes overwhelming.  So today we are going to give you an update on this new change to the home buying process and at the end clarify whether you need to sign any agreements first before viewing an Open House. 

If you are not aware of these new rules let’s give you a brief update.   As of August 17th 2024, if you…

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Moving to Hawaii the Big Island

Move to The Big Island of Hawaii

Aloha friends Stephen Proski with Compass Hawaii and Real Estate Kailua Kona hope you are having an awesome day,

Today I am going to talk about the 9 reasons why people move to the Big Island of Hawaii and hopefully these will be some of your same reasons you will want to move here as well.

#1 Weather.   Yes we have about 300 days a year of blue skies and sunshine here on the westside of the island.   With our year-round warm temperatures between 75 and 85 degrees Hawaii. This is the perfect place to live.    It was our number choice to relocate to when we decided to take the leap of faith and move across the pond.

 Outdoor Activities, there is NO reason to stay indoors when…

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Buyer Representation Contract Hawaii

If you have not been following the news over the past several months you may not be aware that starting August 17th 2024 anyone looking at real estate and wanting a Realtor to represent them will be required to sign a Buyer Representation Agreement

Yes we have been talking about this matter along with commissions and the NAR lawsuit settlement  and today I am going to discuss the Buyer Representation Agreement or Buyer Representation Contract and hopefully address any questions or concerns you may have regarding this change that is happening throughout the real estate industry in the United States.

Starting this month on August 17th, if you want to look at a property or even have your Realtor open a door to a property on your behalf…

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Living in Kailua Kona Big Island of Hawaii

9 THINGS THEY DON’T TELL YOU ABOUT LIVING IN KAILUA KONA HAWAII

Aloha I am Stephen Proski with Real Estate Kailua Kona and Compass Hawaii

If you are looking for Relocation information, tips and information about the Kailua Kona area, then you have come to the right place.  Today, I am going to share some things they don’t tell about living in Kailua Kona.   Make sure you stick around until the end.  I have a bonus item you don’t want to miss.

1.     Removing rocks, coral and sand.   It is against the law in Hawaii to remove any rocks, coral or sand from the state.  There is a legend here in Hawaii called Pele’s curse.  If anyone removes coral, rocks or sand from the islands you will be cursed with bad luck until…

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3 Best Places to Live on the Big Island of Hawaii

3 Best Places to live

Big Island of Hawaii

So you are thinking about moving to the Big Island of Hawaii and can not make up your mind on where you want to live.

 What kind of lifestyle am I looking for?  Do I want to spend loads of time at the beach, or am I a hiker and like exploring and getting away from the crowds?  Do I want to single family home, or will a condo be enough for me.?

 Do I want a tropical area with a fair amount of rainfall?  Do I want a country club community?  Do I want a resort community with loads of amenities?  Do I want a dryer area or Do I want a cooler climate but still have the close proximity to the ocean?

 I am going to cover my 3 Best Places to Live on the Big Island of Hawaii that will…

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