KONA CROSSROADS SHOPPING CENTER 75-1027 Henry Street, Kailua-Kona, HI 96740 ONLY 2 SPACES AVAILABLE FOR OFFICE OR RETAIL • 1,800 square foot offi ce or retail • 75 square foot kiosk space This high traffic center anchored by Safeway is in Kailua-Kona Town and has lots of free parking. With easy access to both Palani Road and Queen Ka‘ahumanu Highway this clean and thriving center is the perfect spot for your business to increase sales volume. Debbie Parmley (B) Vice President | Hawaii Leasing Services – Island of Hawaii License No. RB-21953 Direct +1 808 987 7722 Main +1 808 524 2666 debbie.parmley@colliers.com 220 South King Street • Suite 1800, Honolulu, Hawaii 96813 For details on all listings visit, DebbieParmley.com Brand New in Waikoloa! It’s a beauty! 3/2, one level, 2 car garage, landscaped yard and a view from the mountain to the sea! Located in Kilohana Kai. MLS# 295477 $555,000 Erin C. Detwiler, RS-76700 • 808-557-9044 10.5 Acres of Land Upper Kaloko Kaloko Mauka Land For Sale On the slopes of Hualalai Mountain at 4200’ elevation. Privacy abounds. This property is untouched Ohia & fern forest! A bird lover’s paradise! Just 11 miles from Kailua Kona and you are in the cool, crisp mountain air! This is a special property for Kaloko Lover’s Only!! MLS# 290363 $349,000 Dana M. Ching, RS-40634, GRI • 808-989-6792 Holualoa - Outstanding Views Large family home with guest quarters. 3/2 upstairs on the main living level. 1/1 separate entrance. Very private on approx. 20,000 sq.ft. land area. Near Holualoa Town. MLS# 295129 $720,000 Dianne M Tremain RB-17498 • 808-937-0798 Sugar Cane Lane 75-1040 Mino’aka Place Kailua-Kona. Brand New Custom Quality Construction in this 3 bedroom, 2 bath open fl oor plan, separating 2 guest rooms. Pocket glass doors lead to Kona Bay and coastline views. Landscaped. MLS# 289699 $995,000 Kathryn E. Foster, RS-60767 • 888-936-4237 75-5737 Kuakini Hwy #102 • Kailua-Kona, Hi 96740 808-325-6526 | www.PScoHawaiiRealEstate.com In Escrow to the California Association of Realtors, whose data largely covers resale transactions. Kona Real Estate Management Joseph A. Garcia, BIC Christina Sotelo, BA 808-329-3121 www.konahomesandrentals.com “A small but professional father-daughter run company, (father licensed since 1972 and daughter since 2004) both Hawaii real estate brokers, specializing in long-term rentals, as well as listings and sales and home check services. Call us today for more details on how we may be of service to you.” ISLANDER INN MLS#297150 $99,999 Leasehold KONA KAI UNITS 1 bedroom Starting at $40,000 Leasehold KONA MANSIONS 2 bedrooms MLS#295426 • $200,000 FS Rentals starting August KONA KAI 1 bedroom remodel $1,050/month ALII LANI 2 bedroom remodel $1,600/month Security deposits are the same as the rent. 808-329-3121 West Hawaii Real Estate | July 20, 2016 19 number of sold million or year earlier appraisal firm Development projected condoand tower originally according filing. units, with more bought by an million. constructed in Kotler, chief brokerage have some more are comparison, ticked quarter according But over a longer timeline, it appears the market has begun to stall. The number of sales of $10 million or more in LA County has dipped in three of the last five quarters for which data is available, even as inventory has steadily grown, according to the Realtors group. And, brokers say, the slowdown is more pronounced the higher the price. As of mid-June, nine homes in the county had sold this year for $20 million or more, compared with 18 during the same period last year, according to Loren Goldman a vice president with First American Title Co. Michael Nourmand, president of LA luxury brokerage Nourmand & Associates Realtors, said the slowdown will probably bleed into the rest of the market eventually, but that’s not likely to happen “any time soon.” Like elsewhere, local agents put much of the blame on a pullback by international buyers who had flooded Los Angeles in recent years. Turmoil in their economies, along with a strong dollar, have many from Russia, the Middle East and China secondguessing a purchase here. “It used to be, if they like it they buy it, or more like, if they like it they buy two,” said Cindy Ambuehl, director of residential estates for the Agency. “Now they are keeping their hands in their pockets and they are waiting.”
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