West Hawaii Real Estate | August 4, 2017 15 Luxury quality home, high end features. Venetian plaster walls. Mahogany, polished quartz counter tops. Waterfall fountain. 3bd/3.5ba 2,710 sqft plus 2900 sqft of amazing outdoor living space! MLS 607182 $1,299,000 www.78-7023-Aumoe.com Kona Sunset Villas - A Hidden Gem! Amazing ocean views from this spacious 2 bedrooms 2 bath condo with oversized lanai. MLS 607159 $295,000 www.konasunsetvillas107.com The Garden Estate at Keauhou - Amazing ocean view. Lovely estate sized home meticulously maintained and upgraded, with adjacent fee simple lot with farm to table variety of fresh vegetables and tropical fruits. • Fully paid net metering photo voltaic system • Master suite is elevated with private lanai and steps down to the pool area **Two king sized master suites are in the upper wing of the home • The pool and spa is complemented with various water features All this is adjacent to the outdoor lanai and entertaining area and has amazing ocean, town and sunset views. MLS 607184 $1,795,000 www.78-6879-Kuhinanui.com Real Estate Sales and Hale Kehau - This grand villa provides the ultimate island getaway with ocean view! Lives like a full luxury residence. Custom Contemporary Tri level home. Private residence inside gated community. Just over 3,000 sq ft of indoor and outdoor living area. Oversize 2 car garage, private pool, 3 Master Suites, Koa cabinets. Available turn key furnished! MLS 607202 $994,500 www.halekehau100.com Close To Ocean! Hear the waves crashing and watch the dolphins and canoes go by from this charming 2 bed 2 bath 1,200 sq ft, top fl oor unit. Close to town. MLS 607187 $400,000 www.casapenthouse317.com Villas at Keauhou #109 - Beautiful end unit with privacy and views! Single level 2 bedroom 2 bath, home offi ce, well designed kitchen is light and equipped with top quality built in appliances. Attached 2 car garage. Available fully furnished! Gated quiet community close to Kona County Club and Keauhou Bay! MLS# 607063 $685,000 www.villasatkeauhou109.com Consulting... Always with your best interest at heart... Email krishazard@gmail.com or text request for no obligation link to VIRTUAL TOURS Kristina R. Vaughn Hazard, RS, GRI, (R) RS-59457, RB-22296 Easy MLS Search at www.krishazard.com (808) 895-1364 Helpful Sites for You: www.KrisHazard.7sellertips.com www.KrisHazard.smarthomeprice.com Upgraded & Contemporary! Offered turkey furnished – ready to move in. 1 bedroom 1 bath condo at Alii Villas, close to town. Vacation rentals ok. MLS 608993 $290,000 www.AliiVillas305.com Bayview Estates - Best Value. Sliding glass door off master opens out to gas heated pool and spa, incredible sunsets or morning coffee on the lanai. Designed for casual tropical living. Quiet and unpretentious from the exterior with top quality details and construction inside. 3 bedroom 3.5 bath. MLS 607186 $1,219,500 www.78-7018-mololani.com Foreign U.S. Home Sales Dollar Volume Surges 49 Percent to Record $153 Billion WASHINGTON F(July 18, 2017) ueled by a substantial increase in sales dollar volume from Canadian buyers, foreign investment in U.S. residential real estate skyrocketed to a new high, as transactions grew in each of the top five countries where buyers originated. This is according to an annual survey of residential purchases from international buyers released today by the National Association of Realtors®, which also revealed that nearly half of all foreign sales were in three states: Florida, California and Texas. “The political and economic uncertainty both here and abroad did not deter foreigners from exponentially ramping up their purchases of U.S. property over the past year,” said Lawrence Yun, NAR chief economist. “While the strengthening of the U.S. dollar in relation to other currencies and steadfast home-price growth made buying a home more expensive in many areas, foreigners increasingly acted on their beliefs that the U.S. is a safe and secure place to live, work and invest.” NAR’s 2017 Profile of International Activity in U.S. Residential Real Estate, https://www.nar.realtor/topics/profileof international-home-buying-activity, found that between April 2016 and March 2017, foreign buyers and recent immigrants purchased $153.0 billion of residential property, which is a 49 percent jump from 2016 ($102.6 billion) and surpasses 2015 ($103.9 billion) as the new survey high1. Overall, 284,455 U.S. properties were bought by foreign buyers (up 32 percent from 2016), and purchases accounted for 10 percent of the dollar volume of existing-home sales (8 percent in 2016). “The political and economic uncertainty both here and abroad did not deter foreigners from exponentially ramping up their purchases of U.S. property over the past year,” said Lawrence Yun, NAR chief economist. “While the strengthening of the U.S. dollar in relation to other currencies and steadfast home-price growth made buying a home more expensive in many areas, foreigners increasingly acted on their beliefs that the U.S. is a safe and secure place to live, work and invest.” Although China maintained its top position in sales dollar volume for the fourth straight year, the significant rise in foreign investment in the survey came from a massive hike in activity from Canadian buyers. After dipping in the 2016 survey to $8.9 billion in sales ($11.2 billion in 2015), transactions from Canadians this year totaled $19.0 billion – a new high for Canada. Yun attributes this notable rise in activity to Canadians opting to buy property in U.S. markets that are expensive but still more affordable than in their native land. While much of the U.S. continues to see fast price growth, home price gains in many cities in Canada have been steeper, especially in Vancouver and Toronto. “Inventory shortages continue to drive up U.S. home values, but prices in five countries, including Canada, experienced even quicker appreciation2,” said Yun. “Some of the acceleration in foreign purchases over the past year appears to come from the combination of more affordable property choices in the U.S. and foreigners deciding to buy now knowing that any further weakening of their local currency against the dollar will make buying more expensive in the future.” Foreign buyers typically paid $302,290, which was a 9.0 percent increase from the median sales price in the 2016 survey ($277,380) and above the sales price of all existing homes sold during the same period ($235,792). Approximately 10 percent of foreign buyers paid over $1 million, and 44 percent of transactions were allcash purchases (50 percent in 2016).
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