WHITE SANDS VILLAGE THINKING ABOUT SELLING? SPECTACULAR OCEAN VIEW This unit looks right out onto Magic Sands Beach! This 2/2 front corner unit has a great wrap around lanai. Convenient to everything! Minutes from the village of Kailua and Keauhou for shopping, restaurants and entertainment. Covered assigned tandem parking accommodates two cars. Put the Global Sotheby’s Brand, Network and this Winning Team to work for you now! Together we can get your property SOLD! MLS# 80434 $499,500 SOLD KUAKINI HOUSE LOTS PANORAMIC OCEAN VIEWS Live in your own private resort! Private gated 3 bed 3.5 bath Estate is nestled on the slopes of Hualalai with unbeatable ocean views! Pool, Spa approx. 130 Mac nut trees and assorted fruits on 7.25 acres. 3/2 condo with spectacular ocean views! 3 pools and spa, tennis courts, guard gated, walking trails. Walking distance to Keauhou Bay, best beaches, shopping and entertainment. Located nearly on the golf course. Life is good at Kanaloa! MLS# 273130 $999,990 Leasehold WHITE SANDS VILLAGE 2/2 bath with relaxing large lanai that takes in garden & some ocean views. Complex features swimming pool & spa, tennis courts, & BBQ area, for great days playing in the sun. Assigned tandem parking stall for two vehicles. Walk across the street to Magic Sands Beach! MLS# 283662 $275,000 O‘OMA 83 ACRES QUEEN K FRONTAGE 83 acres of great mixeduse project property. Ocean Views, Zoned MG-3A, commercial- Industrial. This is absolutely North Kona’s BEST Commercial Opportunity! MLS# 269612 $15,000,000 78-6831 ALII DR. STE. 163, KAILUA-KONA HI 96740 Each Offi ce is Independently Owned and Operated. HAWI VILLAGE WALK TO HAWI TOWN Serene and private 3/2 has open fl oor plan, large front and rear lanais, detached garage, huge master, 14’ ceilings, impressively appointed with Koa, granite and custom glass. All this adjoins the Perfect neighbor: an open meadow that is dedicated Preservation land. MLS# 291378 $654,000 REDUCED John Miller Vice President, R(s) & Pam Miller, Broker John@LiveInKona.com | 808 315-5501 Pam@LiveInKona.com | 808 936-9997 KEOPU MAUKA TRANQUIL COFFEE FARM One of a kind 4 acre estate on the slopes of Hualalai. Inviting 5/3 home with large master suite, 2 private lanais, Koi pond, coffee facilities, and marketable fruit trees. Very close to town. Seller will carry note. MLS# 289219 $995,000 IN ESCROW KUAKINI HOUSE LOTS PANORAMIC OCEAN VIEWS Live in your own private resort! Private gated 3 bed 3.5 bath Estate is nestled on the slopes of Hualalai with unbeatable ocean views! Pool, Spa approx. 130 Mac nut trees and assorted fruits on 7.25 acres. MLS# 273130 $999,990 Leasehold SOLD KAHAKAI ESTATES PEEK OCEAN VIEWS 3/2.5 w/Pool. NEW: Granite, Tiger hardwood, Carpet, Travertine, Paint, Ovens & Cooktop. 33,000+ sq. ft. lot has peek ocean views. Spacious rooms with walk in closets. 3 acre park + close to beaches & town. MLS# 295600 $759,000 CALL US TODAY 808-315-5501 CALL US TODAY 808-315-5501 KANALOA AT KONA OCEAN FRONT MLS# 296367 $920,000 KANALOA AT KONA GOLF COURSE VIEW MLS# 297117 $435,000 NEW LISTING 2/2 condo has golf course Views and 2 lanais. 3 pools, spa, tennis courts, guard gated, walking trails. Walk to Keauhou Bay, best beaches, shopping and entertainment. Great Opportunity. O‘OMA 83 ACRES QUEEN K FRONTAGE 83 acres of great mixeduse project property. Ocean Views, Zoned MG-3A, commercial- Industrial. This is absolutely North Kona’s BEST Commercial Opportunity! MLS# 269612 $15,000,000 16 West Hawaii Real Estate | August 3, 2016 Waning economic growth in many countries and higher home prices further enhanced by a strengthening U.S. dollar resulted in a slight decline in international sales dollar volume of U.S. property over the past year and a significant retreat in buying from non-resident foreigners. This is according to an annual survey of residential purchases from international buyers released today by the National Association of Realtors®. The survey also amazingly revealed that the dollar volume of sales from Chinese buyers exceeded the total dollar sales figure of the next top four ranked countries combined. NAR’s 2016 Profile of International Activity in the U.S., covering U.S. residential real estate sales to international clients between April 2015 and March 2016, found that foreign buyers purchased $102.6 billion of residential property, a 1.3 percent decline from the $103.9 billion of property purchased in last year’s survey. Overall, a total of 214,885 U.S. residential properties were bought by foreign buyers (up 2.8 percent), and properties were typically valued higher ($277,380) compared to the median price of all U.S. existing home sales ($223,058). Lawrence Yun, NAR chief economist, says this year’s findings highlight the tremendous appeal U.S. real estate still has on many foreign nationals despite the price of property becoming less affordable. “Weaker economic growth throughout the world, devalued foreign currencies and financial market turbulence combined to present significant challenges for foreign buyers over the past year,” he said. “While these obstacles led to a cool down in sales from nonresident foreign buyers, the purchases by recent immigrant foreigners rose, resulting in the overall sales dollar volume still being the second highest since 2009.” Adds Yun, “Foreigners – especially those from China – continue to see the U.S. as a solid investment opportunity and an attractive place to visit and live.” According to the survey, sales to non-resident foreign buyers pulled back by approximately $10 billion to the lowest dollar volume since 2013 ($35 billion). The decline was largely caused by the decrease in the share of non-resident foreign buyers to foreign residential buyers to 41 percent – down from the almost even split between the two in previous years (48 percent in 2015). “Both the increase in U.S. home prices – up 6 percent in March 2016 compared to one year ago – and the depreciating value of foreign currencies against the U.S. dollar made buying property a lot pricier last year,” says Yun. “Led by Venezuela (45 percent) and Brazil (24 percent), at least eight countries, including China and Canada, saw double-digit percent increases in the median sales price of a U.S. existing-home when measured in their country’s currency.” For the fourth year in a row, buyers from China exceeded all countries by dollar volume of sales at $27.3 billion, which was a slight decrease from last year’s survey ($28.6 billion) but over triple the total dollar volume of sales from Canadian buyers (ranked second at $8.9 billion). Chinese buyers purchased the most housing units for the second consecutive year (29,195; down from 34,327 in 2015), and also typically bought the most expensive homes at a median price of $542,084. “Although China’s currency modestly weakened versus the U.S. dollar “Sales could very year depending economic in the past year, it’s much stronger than it was 5 to 10 years ago, thereby making U.S. properties still appear reasonably affordable over a longer time span,” notes Yun. In addition to the slightly diminished sales activity from Chinese buyers, the total number of sales and the sales dollar volume from buyers from Canada, India ($6.1 billion) and Mexico ($4.8 billion) also retracted from their levels one year ago. Only buyers from the United Kingdom – after a decrease in the 2015 survey – saw an uptick in total sales and dollar volume ($5.5 billion). to adds Yun.instability of world view as a safe demand a stronger down on Five states buyer Slightly purchased percent),(10 percent),(each at Europeans to buy purposes in Florida New York while Texas from Latin Asian buyers. International sales volume declines, Chinese lead purchases
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