Property Values

[lavarat]

New cesspool proposal could hurt home sales...buyers would have 180 days to replace cesspool with septic tank.

http://www.bizjournals.com/pacific/news/...a=e_du_pub&s=article_du&ed=2014-10-08&u=WjBtJe8ZRO+iQWLkXeoflw085ebe9a&t=1412817513

[opihikao]

quote:

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Originally posted by HereOnThePrimalEdge

opihikao -
I'm sure punatic has different meanings and connotations to each person. I just see the word in the same way as an early colonist would call himself a Yankee Doodle Dandy, or Green Bay Packer fans now describe themselves as Cheeseheads. They even wear cheeseheads!

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Understood, HOTPE, completely. However, Cheeseheads should be wearing those ridiculous headgear thingys! OMG. (*Disclaimer: 49er die hard fan, circa 1960. [])

Value? Well, in the vernacular, I "value" my Niners, and our Puna more. Aloha to you (in the true sense, not just throwing the word around. lol.)

(Psst...Still irks me, that bloody word! Ugh.)

JMO.

[Tink]

Go Leo Nomellini!!

Community begins with Aloha

[SuperGu]

I've been watching prices pretty closely for the last six months in upper and lower Puna. Pretty stable for the most part -- so far.

[ckg]

Agreed on the prices. Seems the pricing is still pretty much the same for HB folks on realtor.com. Maybe folks are hopeful to cover a mortgage so they can't lower prices but certainly pricing does not appear "desperate" IMHO.

[freespirit]

There are still some realtors listing homes in the area. I get new listings emailed to me on a daily basis for all Puna and while there maybe a slight rise for new listings in lower puna it does not seem significant. The prices I am seeing do not seem like they are really low or anything for the area.

[leilanidude]

There are also, still, a surprising amount of foreclosures in the Pahoa area that have never been put on the market. If the mortgage companies decide to dump them, watch out.

[ckg]

Does anyone know for lava zone 2 and up folks are financed closings still able to happen? I was wondering if folks purchasing are still able to get new insurance policies written so they can finance the purchase or if they have to go the cash pay route since they can not get new coverage? I can't imagine any bank lending issues if a purchased house is insured.

[randomq]

Seems like a great time to take some of those giant empty Hamakua properties and subdivide them into affordable lots north of Hilo. But I get the impression no one north of Hilo wants affordable lots anywhere near them, and the zoning would never happen. Thoughts?

[kalakoa]

The HCDP policy is "zero growth".

Subdivisions of 6 or more lots must include full infrastructure (roads, piped water, etc).