East Hawaii Market Update February 2024

The big news for the market report is that homes are selling 6% below list price as more homes on the market and less buyers are providing opportunities to buyers in getting sellers to budge on their prices.
Amber Haley, Real Broker and Julie Ziemelis, Real Broker discuss the stats, trends and opportunities in the East Hawaii housing market to include Hilo and Puna Districts.
Amber and Julie also discuss the Transient Accommodations Rental bill and some of the ramifications of the new legislation. We will be having a member of the Government Affairs Committee of the local real estate association discuss the bill in depth in another video, so stay tuned! You can learn more and read the bill package at www.hawaiicountytar.com
Amber Haley, Realtor, Real Broker, lives in Puna and is a neighborhood expert. To reach Amber, email [e-mail]
Join our 365Ohana on www.365HawaiiLiving.com if you'd like to purchase a home on Hawaii Island or be referred to agents on other islands!
Eric and Julie Ziemelis offer marketing expertise to home sellers with a large group of buyers from our private Facebook group, our real estate RUclips channel and our extensive email list of potential buyers. For Buyers, we offer expertise and resources to ensure we remove the uncertainly from the experience AND provide a community you can reach into for information about moving and events to help you create friendships when you arrive. A full circle Ohana experience!
We also partner with these fabulous Realtors and mortgage pros to help you buy or sell around the island. Looking for connections? Contact us!
Julie Ziemelis | RS-85062
REAL Broker
[e-mail]
808-785-2898
www.365hawaiiliving.com

[@ssglopezvm]

Aloha ladies - good data reporting 🤙

[@oregon_shenanigans]

What about offering camping spot on land?

[@JoeYatesAlaskanFilms]

As an Alaskan - 68* is peak summer time for us.

[@JoeYatesAlaskanFilms]

Hence why I am curious about houses in Hawai’j. 😂

[@birdcreek1]

What is considered affordable housing,how much money

[@enigmatic-hamster]

Only problem with using a hawaii credit union for a loan is they all require you to live in hawaii to join. I am from hawaii but have lived elsewhere for the last decade because I was in the army and then college on the mainland. Now coming back I wasn’t able to get a loan from a local credit union because I have a mainland address.

[@christiegodsey5214]

Tried to join Ohana but the email verification link isn't coming to me.

[@Island-Hermit]

There are a lot of people on the island that do hosted rentals unfortunately if they crack down on this a lot of people are going to be forced to leave the island I see no problem with Hosted rentals

[@thomastice9209]

from my understanding if I have the "County of Hawaii Special Permit" (Allowing the Establishment of a Two-Bedroom Bed and Breakfast Operation Within an Existing Dwelling) that i will still be able to continue to conduct short term rentals.
Is this also your understanding??

[@michaelmatusa11]

My understanding is that the legislation only apies to hosted svtrs. Can you confirm?

[@michaelmatusa11]

Question for you. Will svtrs whose license is grandfathered be required to convert to longer term rentals or is this just for new svtrs. Sounds like the former.

[@rickdesarle9875]

What a mess of a blue state for housing.

[@TheQueenOfDreams]

It certainly would be easier to attract medical staff if the hospitals paid a closely comparable wage. For my husband, with over three decades of expertise in his field, it will be exactly a 50% decrease in salary, IF they hire him at the top of the pay scale, and then the cost of living increase will deflate our income even greater.
But we still want to come! 😂