Pending home sales reverse course in February, rise 3.1 percent
Pending home sales snapped
O’OKALA ON THE
HAMAKUA COAST
31.65 acres includes remnants of the
old Kaiwiki Sugar Mill.
Turn back the clock to the plantation days when this
was the hub of O’okala Town. The post offi ce and
some offi ce buildings are still in use.
MLS# 615508 $999,000
Robert L. Bates, RB, GRi, ePRO
RB-6883• 808-937-7103
WAIMEA CHARMER
3 yrs old, single level, 3bd/2.5 ba, 1 acre of pasture
land with views of Mauna Kea.
MLS# 614392 $799,000
Erin C. Detwiler,
RS-76700 • 808-557-9044
KAILUA-KONA
Located at the top of Kamani Trees! 3/2 w/garage. Close
to the beach & centrally located! Air conditioning, some
ocean view & a private backyard along the Kuakini Wall!
MLS# 614469 $475,000
Dana M. Ching, GRI
RS-40634• 808-989-6792
75-5737 Kuakini Hwy #102 • Kailua-Kona, Hi 96740
808-325-6526 | www.PScoHawaiiRealEstate.com
14 West Hawaii Real Estate | April 13, 2018
back in much of the country
in February, but weakening
enough inventory on the market
restricted overall activity compared
to a year ago, according to the National
Association of Realtors®.
The Pending Home Sales Index,
a forward-looking indicator based
on contract signings, grew 3.1
percent to 107.5 in February from a
downwardly revised 104.3 in January.
Even with last month’s increase
in activity, the index is 4.1 percent
below a year ago.
Lawrence Yun, NAR chief economist,
says the housing market has
gotten off to an uneven start so far
in 2018.
“Contract signings rebounded
in most areas in February, but the
gains were not large enough to
keep up with last February’s level,
which was the second highest in
Kona
affordability and not
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.”
MLS #612090
3 bed/2 bath Remodeled
& 1/1 Ohana
$624,999
COMING SOON!
For Sale Upgraded
Alii Lani 2 bed/2 bath
IN ESCROW
ALII LANI RENTAL
2 bed/2 bath, fully furnished,
long term lease
$2,200/month
WE ARE
CURRENTLY
LOOKING FOR
MORE RENTAL
UNITS TO
MANAGE. PLEASE
CALL US TO SEE
HOW WE CAN
HELP YOU.
808-329-3121
/www.PScoHawaiiRealEstate.com
/www.konahomesandrentals.com
