Kailua Kona Hawaii Real Estate
First Things First... About Kailua Kona Hawaii real estate, Kailua is actually the town that most people refer to as Kona, which is actually the region of this side of the island.June 2007 Kailua Kona Hawaii Real Estate Market Update 2009Update Welcome To The Kailua Kona Hawaii Real Estate Section
You also need to know what "makai" and "mauka" mean. People refer to those two terms when giving directions instead of east or west.For example, if you ask some one what the makai side of the Queen "K" Highway is, they would say it means the "ocean side" of the road. Mauka means the "mountain side" These terms are used instead of east or west because it's just easier. The big island use to be one of the best kept real estate deals in the country. Not anymore. The party's over. When I moved here in 1996 you could buy a house for just over 100k. In 2005 it took over 500k to buy a home here. Now in the fall of 2007 prices are dropping significantly. "New Price" is seen sprinkled all over the Sunday classifieds real estate section of our local newspaper. When the stock market tanked a few years ago, people started investing heavily in the real estate market here and it has driven the prices through the roof! For those on a budget there still is some affordable land available down south about 50 miles from Kailua. Then there's Kukio... In case you're wondering, Kukio is an exclusive housing development for the super rich. Its located north of the airport just a few miles on the makai side of the highway. If you don't have your own jet you probably don't have enough dough to even buy a lot there.
Click here if you do have your own jet or need to charter one.
How to go about looking for Kailua Kona Hawaii real estate
If your interested in buying Kailua Kona Hawaii real estate or just looking, it's hard to know where all the different subdivisions are located. If you don't know the area, you may be reading about a house listed in the newspaper that is actually over 50 miles from Kailua. But if you get "The Best Map Book" it lists all the different subdivision names. It really makes it easy to see where the property's located.
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