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4/24/2008
Downtown Honolulu high-rise opens - The Honolulu Advertiser
Capitol Place, the luxury residential high-rise on the former 120-stall public parking lot known as Block J, is putting the finishing touches on, and welcoming new residents to, the 39-story tower.
| Related Building: Capitol Place
Related Neighborhood: Downtown
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4/17/2008
Redrawing Kaka'ako skyline - The Honolulu Advertiser
Nine residential high-rise buildings — including five along Ala Moana opposite Kewalo harbor — could be part of a 20-year master plan to redevelop 60 acres at Ward Centers.
Related Neighborhood: Kakaako
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4/15/2008
Condo prices climb on all islands - Pacific Business News
Home prices on Kauai continued to climb in March, along with condominium prices on all of the islands. However, sales were off by as much as 50 percent on the Garden Isle, reflecting a slower market. Maui, Kauai and the Big Island all saw double-digit inc
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4/6/2008
Waikiki Beach Walk polishes Hawaii image - The Honolulu Advertiser
The $535 million Waikiki Beach Walk complex by Outrigger Enterprises is roughly a year old as marked by when most tenants opened in the improvement project's retail centerpiece. But major pieces of the master plan — two hotel renovations and the Trump Int
Related Neighborhood: Waikiki - West
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3/14/2008
Kalakaua Ave. condo would be mid-priced - The Honolulu Advertiser
A San Francisco construction company has decided to move ahead with developing a moderate-priced condominium high-rise on Kalakaua Avenue in Pawa'a near the Hawai'i Convention Center.
Related Neighborhood: Kapiolani
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2/6/2008
Owner plans new look for Ward Centers - Pacific Business News
The owner of Honolulu's Ward Centers wants to redevelop the area into a leafy urban neighborhood of shops and restaurants with public plazas and pedestrian-friendly streets.
Related Neighborhood: Ala Moana
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2/5/2008
Oahu's housing price median still $600,000 - The Honolulu Advertiser
The median price was weak — but didn't fall — for previously owned single-family homes sold on O'ahu last month, as the market continued to exhibit pricing stability despite fewer sales.
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1/31/2008
New luxury condo going up in Waikiki - The Honolulu Advertiser
A Chicago-based developer yesterday held a Hawaiian blessing to commence construction of its 35-story luxury condominium on the former site of the Wave Waikiki nightclub, and announced having sold about 60 of 291 units.
Related Neighborhood: Waikiki - West
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1/29/2008
ResortQuest to manage Ilikai Hotel - The Honolulu Advertiser
ResortQuest Hawaii is beginning an expansion that will reach beyond the state but starts with the hotel company taking over management of two more local hotels, including the iconic Ilikai Hotel.
| Related Building: Ilikai Apartments
Related Neighborhood: Waikiki - West
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12/20/2007
Royal Hawaiian Shopping center upgrade almost done - The Honolulu Advertiser
After more than two years of construction, the Royal Hawaiian Shopping Center's $115 million renovation project is nearing completion in the next few months, featuring a larger grove of trees, less concrete, and as of this week, a new statue.
Related Neighborhood: Waikiki - Central
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11/30/2007
Hawaii foreclosures up, but still few - Pacific Business News
Foreclosure filings in Hawaii in October are up 102 percent from 2006, but the actual number of filings is still small, up from 65 filings to 131.
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11/30/2007
Hawaii home values still rising, report says - The Honolulu Advertiser
federal report measuring housing prices confirms that Hawai'i single-family home values in recent months are still appreciating over last year, though more slowly.
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11/28/2007
New condo planned for Ala Moana - Star Bulletin
General Growth Properties Inc., owner of Ala Moana Center, is considering building a mixed-use high-rise condominium above a parking garage now under construction next to the new Nordstrom Inc. department store on Kapiolani Boulevard.
Related Neighborhood: Ala Moana
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11/21/2007
Honolulu homes hold value - Star Bulletin
Honolulu's resilient home values have made the city one of the least likely in the country for homeowners to end up negative equity or owing more on their home than they could sell it for.
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11/18/2007
Ilikai under siege - Star Bulletin
The Waikiki landmark is in turmoil as a local developer attempts to reposition it into an upscale condotel
| Related Building: Ilikai Apartments
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11/16/2007
Oahu home prices rise, sales drop - Pacific Business News
Condominium prices were up more than 4 percent over the comparable period last year, as the number of sales fell more than 13 percent. The median price of a condo unit during the August-October period this year was $329,000, up from $315,000 during the sa
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11/2/2007
Honolulu home resale prices remain stable - The Honolulu Advertiser
The median price for existing O'ahu single-family homes last month continued to hover around the $650,000 mark as Hawai'i's largest housing market exhibited more price stability amid declining sales.
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11/1/2007
October Oahu home sales, prices flat - Pacific Business News
Condominium sales in October were near even with the same month last year, with 423 units sold compared to 425 units sold in October 2006.
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10/26/2007
Urban loft condos new for Honolulu - The Honolulu Advertiser
It used to be a bunkerlike office complex with drab workspace, but a makeover is under way to turn the former NCR building in Kaka'ako into posh residential condominiums with industrial accents and rooftop lanais.
Related Neighborhood: Kakaako
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10/17/2007
Hawaii hotel's pond restored, reopens soon - The Honolulu Advertiser
The once-murky man-made pond next to the Hilton Hawaiian Village Beach Resort & Spa got a blessing yesterday celebrating the $15 million restoration of what's officially known as the Duke Paoa Kahanamoku Lagoon.
| Related Building: Ilikai Apartments
Related Neighborhood: Waikiki - West
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10/16/2007
Median sale price for Oahu homes up 2.3% - The Honolulu Advertiser
Condominiums sold for a median $330,000 in the third quarter, up 4.8 percent from $315,000 in the 2006 third quarter, the report said.
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9/13/2007
Oahu home prices continue upward march - Pacific Business News
The median price of a condo rose 6 percent during the three-month June-August period to $335,000, up from $315,000 during the same period last year, and up 3 percent from the March-May period this year.
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9/6/2007
Oahu housing market holding steady - The Honolulu Advertiser
O'ahu's housing market continued to display its stamina last month, with slight increases in median sale prices of existing homes as many Mainland markets are tanking.
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9/6/2007
Oahu home, condo prices gain in August - Star Bulletin
For condominiums, the outlook was also bright for sellers, with a jump in median prices to $325,000, up 6.6 percent from the same time last year.
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9/6/2007
Oahu’s median home price jumps 2.4% - Star Bulletin
For condominiums, the outlook was also bright for sellers, with a jump in median prices to $325,000, up 6.6 percent from the same time last year. However, that was balanced out by significantly lower sales, recorded at 495 in August, down 14.7 percent fro
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9/4/2007
Down payments soar for Hawaii mortgages - The Honolulu Advertiser
Cash.
It used to be that very little, if any, was needed to buy a home, and that helped scores of Hawai'i residents in recent years buy property in one of the nation's costliest housing markets.
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8/24/2007
Renovations put Waikiki area back on the map - Dallas Morning News
If you haven't been to Waikiki lately, you're in for a surprise. Entire blocks have gone from tacky to elegant, hotels are being renovated, the Royal Hawaiian Shopping Center has a whole new look, fancy restaurants and trendy designer stores have replaced
Related Neighborhood: Waikiki - Central
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8/3/2007
Oahu home sales hit brisker pace - Oahu home sales hit brisker pace
Sales of single-family homes and condominiums on Oahu hit a brisker pace last month, with the fewest average days on the market recorded this year.
Prices dipped slightly for houses, while condos broke last month's record high, according to statistics
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7/26/2007
Housing market sours; Hawaii bucking trend - The Honolulu Advertiser
Few markets have been spared from the housing downturn. On O'ahu, the news has been mixed, with sales of single-family homes and condominiums slowing in the first six months from a year earlier while median prices for homes and condos setting record price
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7/9/2007
Oahu June single-family home, condo prices hit record - The Honolulu Advertiser
Median sale prices for existing single-family homes and condominiums on O'ahu rose to new records in June, the Honolulu Board of Realtors reported today.
The median single-family home price in June was $685,000, up 7.2 percent from $639,000 in June 2006.
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6/14/2007
Oahu real estate market -- ever so slightly softer - Pacific Business News
Most Oahu home prices are within 90 percent of their recent peak value, figures through May show, and some communities are still appreciating. Condo median prices rose half as much, 3.2 percent, to $325,000.
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5/18/2007
Lodgings see shift to 'condotels' - The Honolulu Advertiser
The number of visitor accommodations statewide was little changed in 2006 from the previous year, but reflected another year of growth for nontraditional lodging such as condominium/hotels and time-share properties, according to the latest state statistic
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5/3/2007
Home sale prices explode - The Honolulu Advertiser
Sale prices for O'ahu existing single-family homes and condominiums last month surprisingly surged to near-records after four months of weakness.
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5/2/2007
Oahu home sales, prices rise - Pacific Business News
Board President Berton Hamamoto noted that the median price of a condominium for April, $325,000, was up almost 10 percent over April 2006, when the price was $296,500. Condo resales, however, fell nearly 10 percent to 527 units sold in April, down from 5
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4/18/2007
Hawaii Real Estate is Booming Due to Retirement of Baby Boomers - PRinside.com
Despite the 'buyer's market- that much of the United States is currently facing, Hawaii Real Estate continues to be a 'sellers market- as an increasing number of baby boomers are retiring in Hawaii and the housing inventory has been down for 10 straight m
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4/18/2007
Hawaii Real Estate is Booming Due to Retirement of Baby Boomers - PRweb.com
Despite the "buyer's market" that much of the United States is currently facing, Hawaii Real Estate continues to be a "sellers market" as an increasing number of baby boomers are retiring in Hawaii and the housing inventory has been down for 10 straight m
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4/4/2007
Homes for sale moving quicker - Star Bulletin
Prices for both home and condominium resales gained momentum from February to March, inventory dropped and properties sold at a faster clip, according to data released yesterday by the Honolulu Board of Realtors.
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3/7/2007
Hawai'i housing market stabilizes - The Honolulu Advertiser
Condos sold for a median $320,000, up $5,000 or 1.6 percent in the same comparable period. Median condo sale prices have floated between $305,000 and $320,000 since August, following a record $329,000 in July.
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3/4/2007
Aquarium thinks big - The Honolulu Advertiser
The "Best Little Aquarium in the World" — the state aquarium in Waikiki — has ambitions of becoming a modern world-class attraction now that proposals to build competing facilities elsewhere on O'ahu were abandoned recently.
Related Neighborhood: Diamond Head
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2/25/2007
DESTINATION HAWAII - Extreme Makeover Waikiki edition
Honolulu's hot spot rides a wave of new and newly chic hotels, dining and shopping
Related Neighborhood: Waikiki - Central
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2/16/2007
Mortgage rates hold below 6% - Pacific Business News
Most Hawaii banks remained below 6 percent in their 30-year fixed-rate mortgage quotes this week, the Honolulu Board of Realtors reported Friday.
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2/15/2007
Waikiki Catches A Wave - Star Bulletin
Call it savvy tourism minds thinking alike, or call it a ripple effect: Since Outrigger Enterprises Group announced its plans to redevelop the Lewers-Beach Walk area, there has been a rising tide of renovation and new investment in Waikiki.
Related Neighborhood: Waikiki - West
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2/6/2007
Median home price down 2.4 percent - The Honolulu Advertiser
Richard Rice, an Olomana resident who has his four-bedroom, 2 1/2-bath Uluhala Street home on the market for $759,000, said he believes prices won't dip much farther based on his experience with Hawai'i real estate and what he's read from experts.
He s
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2/6/2007
Kaka'ako condo opens to first residents - The Honolulu Advertiser
A notable boost to Kaka'ako's population began yesterday as the first residents of the twin-tower Moana Pacific condominium picked up keys and moved into their new homes in the sky.
| Related Building: Moana Pacific
Related Neighborhood: Kakaako
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1/27/2007
Signs of shift in housing market - The Honolulu Advertiser
New home sales fell in 2006 by the largest amount in 16 years, but they were up for a second straight month in December, raising hopes that the worst of the housing downturn is coming to an end.
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1/3/2007
Oahu home sales, prices up slightly - Pacific Business News
The number of single-family homes sold on Oahu in December rose nearly 10 percent over December of last year, while prices nudged up slightly, the Honolulu Board of Realtors said Wednesday.
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1/3/2007
Ala Moana Hotel sold to Outrigger - Pacific Business News
Outrigger bought the condominium hotel from Ala Moana Property Development and Ala Moana Services, both affiliates of Miami-based Crescent Heights Inc., which bought the property in October 2004 for a price estimated at between $100 million and $125 milli
| Related Building: Ala Moana Hotel Condo
Related Neighborhood: Ala Moana
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12/26/2006
Oahu home prices among steadiest in West - Pacific Business News
The median price of a home on Oahu is expected to rise 1.2 percent to $631,700 in 2007, but drop 0.4 percent in 2008, according to Fortune magazine.
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12/15/2006
Oahu tax bills out, property values up - Pacific Business News
The total assessed valuation of all real estate on Oahu rose by more than 13 percent, or $25.1 billion, for the 2007 fiscal year, city officials said Friday.
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12/13/2006
Early gift: Tax break on PMI - Detriot Free Press
A whole bunch of home buyers got an early Christmas gift from Congress on Sunday morning. In a last-minute, late-night session, lawmakers approved a measure that gives homeowners a tax deduction when they pay private mortgage insurance, or PMI for short.
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12/13/2006
Homeowners could save $500 on taxes, but break comes with caveats - USA Today
The tax break, tucked into the omnibus tax bill, will let home buyers deduct mortgage insurance premiums on their tax returns. Most home buyers who put less than 20% down on a home loan have to pay mortgage insurance, which is designed to protect lenders
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12/9/2006
Mortgage rates falling to 5.5% - Pacific Business News
In a continuing downtrend for home mortgage rates, four key lenders in Hawaii cut their 30-year rates this week to 5.5 percent.
The lenders are First Hawaiian Bank, the largest bank in the state, Central Pacific HomeLoans, Territorial Savings Bank and
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11/6/2006
Federal mortgage tax credits see boost - The Honolulu Advertiser
The state is sharply increasing its allotment of federal mortgage tax credits in an effort to help more people afford a home in one of the country's priciest markets.
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11/4/2006
Home sales drop but prices edge up - Star Bulletin
The pace of home sales last month continued its sharp descent in Oahu markets, but monthly median prices for single-family homes and condos rose to their third highest level of the year.
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11/4/2006
Hawaii mortgages drop to 5.75% - Pacific Business News
Mortgage lenders cut their rates for 30-year home loans this week, and most of them cut a quarter-point rather than the usual eighth-point.
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11/4/2006
Home Sales Prices Back Up In October - TheHawaiiChannel.com
The number of condominiums sold has also gone down about 32 percent compared to October a year ago when 624 condos were sold. The price is $20,000 more than the same time last year.
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11/3/2006
Home sales grow with new condos - The Honolulu Advertiser
Sales of new homes on O'ahu rose sharply in the third quarter as a surge in new high-rise condominiums coming on the market more than offset a decline in single-family home sales.
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10/4/2006
Ilikai selects design firm - Pacific Business News
The recently sold Ilikai hotel has contracted with California-based Powerstrip Studio to design the $40 million renovation scheduled to begin next year.
| Related Building: Ilikai Apartments
Related Neighborhood: Waikiki - West
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10/4/2006
Median home prices on O'ahu are up — barely - The Honolulu Advertiser
O'ahu's median single-family home resale price managed to eke out another gain last month, rising 0.8 percent, or just $5,000, from a year earlier to $620,000.
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10/4/2006
Waikiki lagoon a possibility - The Honolulu Advertiser
The state Department of Land and Natural Resources is exploring an idea to create a new lagoon-type beach next to the Waikiki Aquarium.
Related Neighborhood: Diamond Head
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10/3/2006
Honolulu median home price: $620K - Pacific Business News
For condos, there was the same diminishing sales volume but rising prices. Realtors closed 481 condo sales in September, down from 764 a year earlier, and the median price was $320,000, up 4.9 percent from August and up 11.5 percent from year-before level
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9/7/2006
Hotel-condo conversion may be peaking - Pacific Business News
Shrinking hotel room inventory at a time of near-record visitor traffic has pushed room rates up more than 10 percent to rates not always seen even in New York. In July, the average daily room rate on Maui's Wailea resort coast was well over $400 a night.
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9/7/2006
Oahu median home price: $635,000 - Pacific Business News
Realtors closed on 580 condo sales for a median price of $305,000 in August. Sales were up from 498 in July but down from 831 a year ago. The price was down from $329,000 in July and $310,000 in June, and up from $282,000 a year ago.
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9/7/2006
Poll ranks Hawaii 2nd in places to live - Pacific Business News
Hawaii is the second most popular U.S. state in which to live, according to a new survey conducted by Harris Interactive a market research firm.
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9/1/2006
Hawaii hotel revenues soar - Pacific Business News
Hotels across Hawaii have commanded such high rates this summer that their room revenues are far above 2005 levels despite selling fewer room nights.
Related Neighborhood: Waikiki - Central
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9/1/2006
Mortgage rates still hold at 6% - Pacific Business News
The 6 percent rate for 30-year fixed-rate mortgages held for a third week, though the largest bank in the state was an eighth higher, the Honolulu Board of Realtors reported Friday.
Bank of Hawaii, American Savings Bank, Central Pacific HomeLoans Terr
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8/5/2006
Hawaii hotel occupancy 85.2% - Pacific Business News
As conventioneers packed Waikiki, hotels across Hawaii averaged 85.2 percent full last week, with room rates 9.8 percent higher than last year.
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8/3/2006
Kaka'ako 'eyesore' gets new life - The Honolulu Advertiser
A plan to transform a rundown low-rise Kaka'ako office building into residential condominiums with rooftop gardens got the OK yesterday from a state development agency.
Related Neighborhood: Kakaako
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8/3/2006
O'ahu condo prices hit record plateau - The Honolulu Advertiser
O'ahu condominium prices set a record in July with buyers paying about $100,000 more than the nationwide median price for single-family homes.
The median condominium price rose to $329,000 last month, or 22 percent higher than a year earlier, the Honol
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8/2/2006
Oahu median home price soars again - Pacific Business News
The July condo median was $329,000, a new record, up from $310,000 the month before and $270,000 a year ago. The year-to-year increase was nearly 22 percent.
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8/2/2006
Hotel room revenue, rates hit record highs - The Honolulu Advertiser
It doesn't get much better than this for Hawai'i hoteliers.
Through the first half of the year, Hawai'i hotels set records in room revenue — $1.6 billion — and average daily room rates — $183.48.
| Related Building: Luana Waikiki
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7/29/2006
New-home sales slowing - The Honolulu Advertiser
Pricey high-rise condominiums under construction in Honolulu are selling well this year, but the broader market for new-home sales on O'ahu is struggling, a report shows.
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7/27/2006
Harbor condo plan secures approval - The Honolulu Advertiser
State officials gave Texas developer Ken Hughes the green light yesterday to proceed with plans to build 300 condominiums on public waterfront property diamondhead of Aloha Tower.
Related Neighborhood: Downtown
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7/22/2006
Hawaii mortgage rates hold below 6.5% - Pacific Business News
For a second week, most Hawaii lenders quoted less than 6.5 percent for a 30-year, fixed-rate home mortgage, the Honolulu Board of Realtors reported Friday.
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7/22/2006
Hawaii unemployment 3.1% - Pacific Business News
Hawaii's jobless rate is rising, though it remains near historic low levels, the U.S. Labor Department said Friday.
For June, when the national jobless rate was unchanged at 4.6 percent, the rate in Hawaii was 3.1 percent.
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7/22/2006
Hawaii hotel occupancy 85.1% - Pacific Business News
Hawaii hotels have been more than five-sixths full in recent days and charging an average 13.4 percent more than they did in the same period last year.
For the period July 9-15, occupancy was down 4.6 percentage points from year-ago levels to 85.1 per
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