West Hawaii Real Estate | August 3, 2018 13
COLDWELL BANKER MARYL REALTY
Kailua Kona • Queen Ka‘ahumanu & Henry St. #203
Offi ce # (808) 331-8200 • Maryl@Maryl.com
View Current Listings at ColdwellBankerMaryl.com
Offi ce License # RB-16961
ALII LANI
CONDO
Newly remodeled, rarely available ground-floor,
corner unit. 3 bedroom / 2 bath with large courtyard.
Light & bright, freshly painted throughout, new
ceiling fans & light fixtures.
Kona Carla Womack (808) 896-6768
RS-61019 $339,900 / 612641
UPSCALE KAHOE RANCH
ESTATES
Spacious, new 3 bed / 2.5 bath home on 5+ acres.
Ocean, sunset views in country setting. Private gated
entry to Kaohe Ranch Estates, an upscale community.
Homes are rarely available in this subdivision.
Kona Carla Womack (808) 896-6768
RS-61019 $699,950 / 608028
CLASSIC BEACH HOUSE
RIGHT ON THE WATER
Unique, ocean-front home with breathtaking, 180
degree ocean views. Walking distance to popular
Kahalu’u Beach Park. Watch the whales & dolphins
play. Just a few steps to the ocean - right on the
water!
Sona Aredjian (808) 936-2165
RS-79858 $2,100,000 / 613128
ABSOLUTELY UNIQUE RES/
FARM OPPORTUNITY
Large residential / agricultural property used for
honey & queen bee production. Sweeping ocean
views from this 5.6 acre property. Five rented 3
bed/1.5 bath homes, a steel warehouse w/2 bays &
loading dock + 2B/2B house AND a 1B/1B cottage.
Bud Norwood (808) 896-0144
RB-11909 $1,950,000 / 616736
HUALALAI COLONY
Spectacular single-level home in gated community
with a lush, bountiful landscaped yard. Views all
the way to Kailua Bay. Custom-built and designed
for comfort and privacy. Kona coffee trees, oranges,
avocados, grapefruit, mango, pineapples & more.
Casey Kinney (808) 896-6155
RB-18611 $750,000 / 618183
ALII VILLA
CONDO
1 bedroom / 1 bath ocean-view condo with an
open floor-plan and a large lanai. Complex is wellmaintained
and has a nice pool and BBQ area. Sold
turn-key, furnished. Move right in!
Karen Ostlie (808) 937-1174
RS-60256 $310,000 / 616285
FEATURED AGENT
CUSTOM-DESIGNED HOME -
MAKALEI ESTATES
Custom home on 3.6 acres with panoramic ocean
& sunset views. Located near town in a highly
desirable gated community. Great attention to
detail, and special touches throughout the entire
home. PRICE REDUCTION TO $1,649,000!
Karen Ostlie (808) 937-1174
RS-60256 $1,649,000 / 613634
KALAKO MAUKA
CEDAR HOME
Stunning 4 bedroom / 3.5 bath cedar home on a culde
sac in lower Kaloko. Amazing ocean views. Located
on 3 manicured acres at a perfect 2000’ elevation. Koa
cabinets, Kashmir granite counter-tops, mahogany
doors, & much more.
Bud Norwood (808) 896-0144
RB-11909 $1,787,000 / 611916
Ben Noyes, RS-179860 &
Sona Aredjian, RS-79858
Cell (808) 936-2165 • SonaAredjian@gmail.com
KALAWA STREET,
LONO KONA
Old-style,single wall, cedar home in the heart of
Kailua Kona in need of TLC to restore its charm.
Could also be transformed into office space.
Property sold “AS IS”. Only residential home on
the street.
DeeJay Underwood (808) 557-1383
RS-26747 399,000 / 614616
survey
the top
buyers
Arizona and
purchased
a slight
the previous
266,800.
purchased the
40,400.
27,400 units,
India
International buyers purchasing
fewer, less expensive properties
International buyers typically buy
more expensive properties than the
average existing home. The median
price for a foreign buyer was $292,400,
compared to the median price for all
existing homes ($249,300). Chinese
buyers continue to purchase the most
expensive properties, with a median
price of $439,100.
Foreign buyers are more likely to
purchase a home with all cash than
a domestic buyer. Forty-seven percent
of all international transactions
were reported as all cash, compared
to 21 percent of existing-home sales.
Buyers from India are more likely to
finance their home purchase through
a U.S. mortgage (78 percent). Buyers
from Canada are the most likely to
purchase a home through an all-cash
sale (78 percent).
Foreign buyers are most likely to
purchase a detached, single-family
home (66 percent), followed by a
condominium (14 percent) and then a
townhouse (13 percent). Only 3 percent
of international buyers purchase
residential land with the intent to
build a home.
International buyers purchase
property for a variety of reason, the
most frequent (52 percent) being as a
primary residence. Indian buyers were
the most likely to purchase the property
for primary residence (86 percent),
while Canadian buyers were the
most likely to purchase the property as
a vacation home (40 percent). Among
the top five purchasing countries,
Chinese buyers were the most likely to
purchase a house for student housing.
Realtors uncertain about the
outlook of international buying
activity
Twenty-three percent of National
Association of Realtors members who
participated in the survey reported
that they worked with an international
client in the last year, a decline
from 29 percent in the previous year.
Forty-four percent of respondents
said that they “don’t know” when
asked about the 12-month outlook for
international residential buyer activity.
Twenty-five percent said they think
the activity with either decrease or
remain the same and only 5 percent
believe it will increase. Yun attributes
this uncertainty about future conditions
to confusion and ambiguity
surrounding policy changes related to
international trade and immigration.
Realtors also worked with international
clients looking to lease property
in the U.S. Eleven percent of respondents
said they helped a foreign
client lease residential property, with
the most frequent country of origin
being Canada (4 percent).
NAR’s 2018 Profile of International
Transactions in U.S. Residential Real
Estate was conducted April 10 through
April 19. A sample of Realtors was
surveyed to measure the share of U.S.
residential real estate sales to international
clients, and to provide a profile
of the origin, destination and buying
preferences of international clients,
as well as the challenges and opportunities
faced by Realtors in serving
foreign clients. The survey presents
information about transactions with international
clients during the 12-month
period between April 2017 and March
2018. A total of 10,303 Realtors responded
to the 2018 survey.
The 2018 Profile of International
Transactions in U.S. Residential Real
Estate can be ordered by calling
800-874-6500, or online at https://
store.realtor.org/product/report/2018-
profile-international-transactions-usresidential
real-estate-download. The
report is free to NAR members and
accredited media and costs $149.95
for non-members.
/2018-profile-international-transactions-us-residential-real-estate-download
link
/2018-profile-international-transactions-us-residential-real-estate-download
link
/2018-profile-international-transactions-us-residential-real-estate-download
/2018-profile-international-transactions-us-residential-real-estate-download
/2018-profile-international-transactions-us-residential-real-estate-download
