73-4366 Hulilau St., Kailua Kona, HI 96740 Live up to your expectations. Upscale 4 bedroom, 3.5 bathroom with elegant appointments throughout. Nestled on a terraced / gently sloping 1 acre lot to take advantage of panoramic / sweeping coastline views from Keahole Airport to Honokohau Harbor MLS #296866 Offered at $1,150,000 75-5905 Walua Road, Ste. 9 Kailua-Kona, HI 96740 Dayna V. Apilado RS-68070 895-6389 West Hawaii Real Estate | August 3, 2016 17 New construction or remodel we are your Kitchen & Bathroom specialists. 329-5836 Please come and visit our showroom M-F 8:30am to 4:30pm SAT 9am to 1pm and Appointment 73-5620 Kauhola St. #3 Kailua-Kona, HI 96740 www.kitchencabinetshawaii.com email@example.com YOU CAN COUNT ON US “Sales activity from U.K. buyers could very well subside over the next year depending on how severe the economic fallout is from Britain’s decision to leave the European Union,” adds Yun. “However, with economic instability and political turmoil outside of the U.S. likely to persist, the world view of American real estate as a safe investment should keep demand firm even as pressures from a stronger dollar continue to weigh down on affordability.” Five states account for half of foreign buyer purchases Slightly over half of all foreign buyers purchased property in Florida (22 percent), California (15 percent), Texas (10 percent), Arizona or New York (each at 4 percent). Latin Americans, Europeans and Canadians – who tend to buy in warm climates for vacation purposes – mostly sought properties in Florida and Arizona. California and New York drew the most Asian buyers, while Texas mostly saw sales activity from Latin American, Caribbean and Asian buyers. The median purchase price over the survey period was a tad lower ($277,380) compared to the 2015 survey ($284,900) as a result of the fewer non-resident foreign buyers. Overall, foreign buyers most commonly purchased a home priced between $250,001 and $500,000, while 10 percent paid over $1 million or more. Exactly half of all international transactions were all-cash purchases, which was slightly down from a year ago (55 percent) but still roughly double the overall share of existing sales. All-cash purchases were more common by non-resident foreign buyers (73 percent) and those from Canada, China and the United Kingdom. A majority of foreign buyers over the past year purchased a single-family home, and nearly half bought in a suburban area. Two–thirds or more of buyers from each China, India, Mexico and the United Kingdom purchased detached single-family homes, while Canadian buyers were the most likely to buy a multi-family home.
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