real estate

One area of the local economy that’s been strong through the pandemic is high-end real estate. That’s continuing — including sales of some of the most expensive homes in the country. Pacific Business News editor A. Kam Napier has more.

On Oʻahu, comparing this January to last, sales are up 52%, according to a new monthly luxury report from Coldwell Banker Realty. PBN editor A. Kam Napier has more.

While last year was a difficult one for many local businesses, there was one part of the local economy that boomed — Hawaiʻi’s commercial real estate sector. We get more on that story from Pacific Business News Editor A. Kam Napier.

Demand remains high for Oʻahu homes in 2022. According to a monthly report from the Honolulu Board of REALTORS and Locations Hawaiʻi, that demand resulted in a sharp jump in sales last month — especially in condominiums.

Oʻahu’s warehouse crunch continues, setting records in terms of low vacancies and high rents. Pacific Business News Editor A. Kam Napier has more.

In real estate, Hawaiʻi’s office and housing markets have moved in opposite directions. What will 2022 bring to each? Pacific Business News editor in chief A. Kam Napier has more.

There’s a real estate shortage in Hawaiʻi, but it’s not only the one you hear about most often. PBN editor A. Kam Napier has more.

Hawaiʻi economist Paul Brewbaker warned there would come a day when the average price of a single-family home would hit $1 million. That day came this year for Kauaʻi and Maui.

When it comes to Hawaiʻi home purchases, foreign investors make up a tiny number of buyers. And the pandemic has lowered the number of buyers from other states and abroad.

On today's Aloha Friday Conversation, we turn our attention to the real estate inventory on the Big Island. Lower home prices are attracting more buyers, both in and out-of-state. That's good for business, but what might be the unintended consequences?