Tropical Retreat. Timeless casual elegance. Top of the line construction materials and hands on fi nishes. Mahogany trims, crown moldings, doors and louvers, complimented by honed solid surface quartzite slabs and window trims. 30 ft. salt water solar heated pool, outdoor lounging and pavilion seating area. Master suite wing, and 2 Junior Suites, Formal and Casual Dining spaces, 2700 plus square foot interior living with 2900 sq. ft. outdoor living spaces. 600 sq. ft. fully fi nished garage. Central Vac, Surround sound throughout and much more! MLS #29700 $1,475,000 Finely constructed 3 bedroom 2.5 bath home of almost 2400 sq. ft. Just the right size for an easy lifestyle! Elevated kitchen allows for wide open sunset views. Rock walled back yard affords privacy while still keeping the 180 degree ocean view clear. Tile and hardwood bamboo fl ooring, big utility/ pantry room. Central Air Conditioning and in ground pool. MLS# 296612 $1,299,000 SALE PENDING Bayview Estates. Prime view property. 2400 sq. ft. 2 bedroom 2. 5 bath with home offi ce/den/ guest room. Let the sun help pay your electric bills! Pool, water fall fountain, putting green, and ready for you to enjoy the fantastic Kona sunsets!! MLS# 293301 $1,250,000 Great Value. Low monthly fees. 2 bedroom 2 bath. Great ocean views and breezes. A/C turnkey ready if you like! Gated complex close to town and across from beach access. MLS 295077 $359,000 Kris Hazard Real Estate Sales and Consulting... Always with your best interest at heart... Email email@example.com or text request for no obligation link to VIRTUAL TOURS on these and other listings. Easy MLS Search at www.krishazard.com (808) 895-1364 Kristina R. Vaughn Hazard, RS, GRI, (R) #59457, Aloha Kona Realty, Inc. Helpful Sites for You: www.KrisHazard.7sellertips.com www.KrisHazard.smarthomeprice.com Alii Park Place O 102. Ground fl oor 2 bedroom 2 bath with detached garage. Super clean. Two large private lanai. Cherry cabinets, travertine, high ceilings and more...Great Polynesian styled pool and community gathering place. $425,000 Alii Heights. Large level yard. Ocean views, 3 car garage. 3 bedroom 2 bath. Great location end of cul de sac. Room for pool, or addition to home. Seller will consider help with closing costs or credits! MLS #297794 $715,000 SALE PENDING West Hawaii Real Estate | July 6, 2016 15 would illegal New pushed to in effort, make physical copy location in It was a appointment long as Lehane, Airbnb’s Lawmakers insult. measure, anonymous. landlords a way Airbnb. Communications citing in lawmakers bill to they are enforcers it,” said Rosenthal, legislation. bill is Airbnb’s sent to time Once he veto it APending Home Sales Skid in May fter steadily increasing for three straight months, pending home sales let up in May and declined yearover year for the first time in almost two years, according to the National Association of Realtors. All four major regions experienced a cutback in contract activity last month. The Pending Home Sales Index, a forward-looking indicator based on contract signings, slid 3.7 percent to 110.8 in May from a downwardly revised 115.0 in April and is now slightly lower (0.2 percent) than May 2015 (111.0). With last month’s decline, the index reading is still the third highest in the past year, but declined year-over-year for the first time since August 2014. Lawrence Yun, NAR chief economist, says pending sales slumped in May across most of the country. “With demand holding firm this spring and homes selling even faster than a year ago, the notable increase in closings in recent months took a dent out of what was available for sale in May and ultimately dragged down contract activity,” he said. Lawrence Yun, NAR chief economist, says pending sales slumped in May across most of the country. “With demand holding firm this spring and homes selling even faster than a year ago, the notable increase in closings in recent months took a dent out of what was available for sale in May and ultimately dragged down contract activity,” he said. “Realtors are acknowledging with increasing frequency lately that buyers continue to be frustrated by the tense competition and lack of affordable homes for sale in their market.” Despite mortgage rates hovering around three-year lows for most of the year, Yun says scant supply and swiftly rising home prices – which surpassed their all-time high last month – are creating an availability and affordability crunch that’s preventing what should be a more robust pace of sales. “Total housing inventory at the end of each month has remarkably decreased year-over-year now for an entire year3,” adds Yun. “There are simply not enough homes coming onto the market to catch up with demand and to keep prices more in line with inflation and wage growth.” Looking ahead to the second half of the year, Yun says the fallout from the U.K.’s decision to leave the European Union breeds both immediate opportunity as well as potential headwinds for the U.S. housing market. “In the short term, volatility in the financial markets could very likely lead to even lower mortgage rates and increased demand from foreign buyers looking for a safer place to invest their cash,” he said. “On the other hand, any prolonged market angst and further economic uncertainty overseas could negatively impact our economy and end up tempering the overall appetite for homebuying.” In spite of last month’s step back in contract signings, existing-home sales this year are still expected to be around 5.44 million, a 3.7 percent boost from 2015. After accelerating to 6.8 percent a year ago, national median existing-home price growth is forecast to slightly moderate to between 4 and 5 percent.
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