is the leading full-service Commercial Real Estate fi rm on the Big Island. TCG is looking for potential qualifi ed tenants as well as commercial property owners who need leasing services for their property or a Leasing Agent and Property Manager. They also offer consulting services for commercial real estate issues. Monique Peacock, (PB) • Consulting • Sales/Leasing Services • Property Management KONA INDUSTRIAL AREA CENTER OF TOWN MIXED USE SPACES AVAILABLE Over 10,000 sq ft + Yard space Can be separate or combined www.TCGKona.com PO Box 908, Kailua-Kona, HI 96745 • Offi ce (808) 329-1111 www.TCGKona.com • e-mail: info@TCGKona.com Kona Eastwind #11 Elegant Pines J. “Henry” Scroggin II, RS, ABR Kona Specialist RS-44365 Direct 808-937-5855 75-5852 Alii Drive STE V-14 Henry@KonaBuyersAgent.com Has unbelievable 180 ocean views from two private and separate lanais in this split level condo. Ready for your cosmetics. Has custom built stairway to upper level, cherry wood bar top, custom kitchen window surround, some nice touches in this unit. It’s unique floor plan is more interesting than most in this price range. Private parking near elevator, ample guest parking, individual storage area and a clear large pool. Monstrous Ocean view! Condo being sold “AS IS”. Seller motivated! $220,000 Call Henry to view this lowest priced 2/2 Pines I unit! Owner occupied and well maintained in quiet area. 2 car garage with a spacious patio area for relaxing. Unit comes non-furnished. This condo Home is walking distance to Kona. Granite Tiled countertops. Stainless appliances. Tile Flooring. Ductless mini split AC. Low maintenance fees. $404,000 MLS # 291645 Ali‘i Cove DD-2 Call Henry to view this privately located 2/2 Alii Cove condo just 5-10 minute walk to Kona town... Upgrades include granite countertops, ceramic tile fl oors along with carpeted living and bedroom areas. Lowest priced unit with an ocean view and pool in complex. $355,000 MLS # 287948 SOLD Kona Shores 1/1 Ocean View! This Kona Shores end unit is on the 2nd floor, has great east-west air flow, AC, New HDTV and, has a nice Ocean View. All set up for a vacation rental. Only unit FOR SALE! Close to pool and bbq! $180,000 MLS # 294089 REDUCED 18 West Hawaii Real Estate | April 13, 2016 Following the highest average year for the index in nearly a decade, pending home sales declined to begin 2016 but remained slightly higher than a year ago, according to the National Association of Realtors. Only the South saw an uptick in contract activity in January. The Pending Home Index, a forward-looking indicator based on contract signings, declined 2.5 percent to 106.0 in January from an upwardly revised 108.7 in December but is still 1.4 percent above January 2015 (104.5). Although the index has increased year-over-year for 17 consecutive months, last month’s annual gain was the second smallest (September 2014 at 1.2 percent) during the timeframe. Lawrence Yun, NAR chief economist, says a myriad of reasons likely contributed to January contract signings subsiding in most of the country. “While January’s blizzard possibly caused some of the pullback in the Northeast, the recent acceleration in home prices and minimal inventory throughout the country appears to be the primary obstacle holding back would-be buyers,” he said. “Additionally, some buyers could be waiting for a hike in listings come springtime.” Existing-home sales increased last year and were considerably higher than the start of 2015, but price growth quickened to 8.2 percent – the largest annual gain since April 2015 (8.5 percent). While the hope is that appreciating home values will start to entice more homeowners to sell, Yun says supply and affordability conditions won’t meaningfully improve until homebuilders start ramping up production – especially of homes at lower price points. “First-time buyers in high demand areas continue to encounter instances where their offer is trumped by cash buyers and investors,” adds Yun. “Without a much-needed boost in new and existing-homes for sale in their price range, their path to homeownership will remain an uphill climb.” Existing-homes sales this year are forecast to be around 5.38 million, an increase of 2.5 percent from 2015. The national median existing-home price for all of this year is expected to increase between 4 and 5 percent. In 2015, existing-home sales increased 6.3 percent and prices rose 6.8 percent. The PHSI in the Northeast declined 3.2 percent to 94.5 in January, but is still 10.9 percent above a year ago. In the Midwest the index fell 4.9 percent to 101.1 in January, but is still 1.4 percent above January 2015. Pending home sales in the South inched up 0.3 percent to an index of 121.1 in January but remain 1.3 percent lower than last January. The index in the West decreased 4.5 percent in January to 96.5, but is still 0.4 percent above a year ago. Pending Home Sales Cool Down in January
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