For Sale | Honokohau Industrial Park Kailua Kona, HI William “Bill” Froelich (B) JD, CCIM SIOR, Senior Vice President +1 808 523 9711 email@example.com www.honokohauindustrialsale.com Fifty percent of available parcels sold. McClean Honokohau Properties LP is pleased to extend this rare fee simple offering of nine ML-1a zoned industrial parcels ranging in size from 1.03 acres to 9.82 acres, and one 5.71 acre MG-5a zoned heavy industrial parcel in Honokohau Industrial Park on the West Side of Hawaii Island. Located in Kailua-Kona, Hawaii, Honokohau Industrial Park’s industrial zoning allows for a broad range of industrial uses and currently has many different existing tenants with varying lease expirations. More information can be found on the website. Honokohau Industrial Park is one of the four industrial areas in Kailua-Kona and is located directly above Honokohau Harbor, 3 miles from downtown Kailua-Kona, and 5 miles from the Kona Airport, with immediate and easy access to Queen Ka‘ahumanu Highway. Various yard and improved spaces also available for lease. • Prices start at $13 per square foot • Fully paved roads with sidewalks • Wide streets, with multiple access ways to the parcels. • Most utilities stubbed to site with transferred water units. West Hawaii Real Estate | September 15, 2017 13 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 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 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 Real Estate Sales and Bayview Estates – Fabulous ocean view! Designed for privacy. Fully single level throughout the home and covered lanai. MLS 609752 $1,495,000 www.78-6998-OlaKino.com 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 Build your dream home in the gated, upscale neighborhood of Ohai Estates. Enjoy peaceful surroundings at a cool elevation. One acre parcel. MLS 607197 $375,000 www.ohaiestateslot.com Consulting... Always with your best interest at heart... Email firstname.lastname@example.org 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 ON MARKET 119 259 76 258 15 13 13 348 280 131 30 52 0 Pending Home Sales Lessen 0.8 Percent in July Pending homes sales stumbled in July for the fourth time in five months as only the West saw an increase in contract activity, according to the National Association of Realtors®. The Pending Home Sales Index,* www. nar.realtor/topics/pending-home-sales, a forward-looking indicator based on contract signings, decreased 0.8 percent to 109.1 in July from a downwardly revised 110.0 in June. After last month’s decline, the index is now 1.3 percent below a year ago and has fallen on an annual basis in three of the past four months. Lawrence Yun, NAR chief economist, says the staggering inventory woes throughout the country continue to stall contract activity. “With the exception of a minimal gain in the West, pending sales were weaker in most areas in July as house hunters saw limited options for sale and highly competitive market conditions,” he said. “The housing market remains stuck in a holding pattern with little signs of breaking through. The pace of new listings is not catching up with what’s being sold at an astonishingly fast pace.” According to Yun, in the past five years, the national median sales price has risen 38 percent, while hourly earnings have increased less than a third of that (12 percent). This unsustainable trend is putting considerable pressure on affordability in some markets – especially for prospective first-time buyers – and is pricing out some households who would otherwise be looking to buy a home. Despite this growing obstacle, Yun says data and feedback from Realtors® continues to confirm that the slowdown in existing sales since spring is the result of a supply problem and not one of diminished demand. “Buyer traffic continues to be higher than a year ago, the typical listing has gone under contract within a month since April, and inventory at the end of July was 9.0 percent lower than last July,” said Yun. “The reality, therefore, is that sales in coming months will not break out unless supply miraculously improves. This seems unlikely given the inadequate pace of housing starts in recent months and the lack of interest from real estate investors looking to sell.” With autumn at the doorstep, Yun expects existing-home sales to close out the year at around 5.49 million, which is only an increase of 0.7 percent from 2016 (5.45 million). The national median existing-home price this year is expected to increase around 5 percent. In 2016, existing sales increased 3.8 percent and prices rose 5.1 percent.
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