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I'm not sure if we are allowed to ask about Kailua-Kona on a Puna website, but I've been following the fall in prices over there and am wondering what the projections are for home values in that area. At the beginning of this economic crisis, we heard that Kailua-Kona, being the resort area of the island, would stay strong. That seems not to be happening.
For example, here is a great home under $300K:
http://www.realtor.com/realestateandhome...1105219441
Has anyone lived over there? If so, how would you compare your life and times in K-K to Puna?
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The vog (worse than LA) is the only problem with Kona. Only a Cali can appreciate Kona, as they like to see what they breathe.
Gordon J Tilley
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From what I've seen, the vog is a factor as is the relatively higher prices. After all, when the average price is over $600K in Kona versus about 300K here on this side, there is defintitely more available buyers. Then again, if money were not the main consideration, this would be the time to shop in Kona.
John Dirgo, R, BIC, EcoBroker, ABR, e-PRO
Aloha Coast Realty, LLC
808-987-9243 cell
http://www.alohacoastrealty.com
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I had not thought about the Vog. Thanks for that reminder.
With the current housing crunch, parts of the B.I. that we did not consider previously have now become affordable. Puna is still very attractive on many fronts, but we're actually exploring prospects that were not available to us in recent years.
John, are there any credible projections on when the bottom will be hit and prices will begin to rise?
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Will you change your name to Kona4me?
-Blake
http://www.theboysgreatescape.blogspot.com/
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QUOTE""I'm not sure if we are allowed to ask about Kailua-Kona on a Puna website""
LOL this is so funny here on the Punaweb, we are an equal opportunity site per our gracious host Rob!
You won't find this aloha on the Konaweb site when discussing the east side!! LOL.
My opinion you will get more sun on the Kona side , less rain also but way way more vog. Pros and cons to all decisions if thought about long enough!
mella l
mella l
Art and Science
bytheSEA
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quote:
Originally posted by hpp4me
For example, here is a great home under $300K:
http://www.realtor.com/realestateandhome...1105219441
Has anyone lived over there? If so, how would you compare your life and times in K-K to Puna?
Having lived in Kona for 20 years I wouldn't call any home "great" in the Sea View Circle subdivision. [  ] I have not lived in Puna so I can't really compare life to Kona, but I have spent lots of time there and if I had a choice I would be living in Puna instead of Kona. Most days are pretty gray here because of the VOG.
Aloha,
John S. Rabi, GM,ARB,BFT,CM,CBR,FHS,PB,RB
808.989.1314
http://www.JohnRabi.com
Typically Tropical Properties
"The Next Level of Service!"
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quote:
Originally posted by Blakeyboy1
Will you change your name to Kona4me?
-Blake
http://www.theboysgreatescape.blogspot.com/
No need! Hanging on to our HPP property long term as an investment makes good sense. Maybe I should consider adopting the username Flakeyboy1 to represent my indecision?
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quote:
Originally posted by John S. Rabi
Having lived in Kona for 20 years I wouldn't call any home "great" in the Sea View Circle subdivision. [] I have not lived in Puna so I can't really compare life to Kona, but I have spent lots of time there and if I had a choice I would be living in Puna instead of Kona. Most days are pretty gray here because of the VOG.
Aloha,
John S. Rabi, GM,ARB,BFT,CM,CBR,FHS,PB,RB
808.989.1314
http://www.JohnRabi.com
Typically Tropical Properties
"The Next Level of Service!"
Thanks for your honest appraisal!
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One thing to think about is the volcano threat. There have been meetings over the island this last month about the volcano threat...
Although Kilauea is the main headliner volcano of recent note, this is the 25th anniversary of the last Mauna Loa flow. The gradual decent on the east side slows a flow... flows down the active west rifts of Hualalai and Mauna Loa have been very fast, from 2-16 hours from ridge top to ocean.... and there have been a number of these flows in the last 200 years....
The county meetings are to get residents to start thinking about what a quick flow will mean for evacuation & life.... so if you are thinking, gee, the west side is better in case of a volcano eruption... not so much, according to the CD guys...
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