Page 7 - Hawaii Island MidWeek - April 12, 2023

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64 Beach shelter 102 Soufflé recipe
66 Lose it word
67 Power measure 103 Glimpse
69 Drink in a mug 105 Cy Young 71 Tennis great winner
APRIL 12, 2023
HAWAI‘I ISLAND MIDWEEK 7
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ON HAWAI‘I ISLAND
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Dr. Benjamin Tautges joins the optometry department at Kaiser Permanente’s Kona Medical Office. Tautges received his doctorate in optometry from Western University of Health Sciences’ College of Optometry in Ponoma, California, and later completed his residency at The Vision Center of West Phoenix in Arizona, where his work on multifocal choroiditis was published in 2018.
David Lim has joined the Ronald McDonald House Charities Hawai‘i board of directors, where he will help the nonprofit meet its mission of providing a home away from home and essential services for families with children getting life-saving medical care on O‘ahu. Lim directs the operations of 10 McDonald’s restaurants on Hawai‘i Island and was instrumental in launching the island’s newest McDonald’s in Pāhoa in 2020.
©2023 Tribune Content Agency, LLC.
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4/9/23
David Lim
West Hawaii Today is seeking a
SALES ACCOUNT EXECUTIVE
We are looking for the right candidate to call on new and current customers and market our numerous advertising solutions to grow our customer’s business. This person will prospect new business and grow the current account base. Comfort with cold-calling is a must. He/she will be able to represent numerous publications, be able to match those publications to the customer’s needs and make sales presentations to key decision makers using our many marketing resources. A high school diploma is required. A Bachelor’s degree in marketing or business is preferred. An aptitude for understanding statistical information and basic computer skills are necessary. He/she also must possess excellent verbal and written communication skills and be able to successfully multi-task. If you want a career with a fast paced, top media company with excellent pay and benefits, we want to hear from you.
Our full-time employees enjoy a generous benefit package that includes: Medical, Dental, Company-Matched 401K as well as sick leave
and paid vacation.
Send resume with cover letter to:
500 Ala Moana Blvd.,
7 Waterfront Plaza, Suite 500 Honolulu, Hawaii 96813
or email: rstolar@staradvertiser.com
We are an equal opportunity, affirmative action employer. We recognize and appreciate the benefits of diversity in the workplace. People who share this belief or reflect a diverse background are encouraged to apply.
ANSWER TO TODAY’S PUZZLE
4/9/23
# hawaiianrealty.com • hawaiianrealty.com • hawaiianrealty.com • hawaiianrealty.com • hawaiianrealty.com • hawaiianrealty.com #
ANYTHING NEW IN ’23?
hawaiianrealty.com 800-667-5028 ext. 8122
Denise S. Nakanishi
RB-17031, ABR, CRS, GRI, SRS
“Major Mom is a Major Difference”
cell 808-936-5100 majormom@ilhawaii.net
Those sitting on the sidelines might be surprised at the comparison between last year and this. Even with slight inventory increasesinsomeareas,allareascontinue to be severely supply constrained. We are seeing price adjustments, but the data shows pricing remains fairly
consistent with last year. Only in areaswithasmallsamplesizeare we seeing significant (artificial)
price differences. Remember,
“available now” numbers add properties under contract (technically active) to currently
active. Because many under contract properties will close, the number of available properties is actually much smaller than noted. An interesting walk down memory lane helps further put things in perspective. In quarter 1 2019,
there were 136 active listings in Hilo. There are currently 53. The median price was $515,000 compared to $785k today! The number in HPP was 124 active (58 today). At that time, a median priced HPP home was $341000. Today’s number is over $500,000. Sold listings in Hilo hovered around $366000 and $295000 inHPP.Unfortunately,Idonotseepricing going back to those pre-pandemic levels. One of the most surprising numbers I’ve seenlatelyisnotrelatedtosalespricebut to rental amounts. I’m noticing rentals in Hilo and even HPP now over $2000 per month (west side much higher). It would take about 4 people working full-time at $13/hr or 2 people working 2 full-time jobs to come close to affording those prices. Many mortgage companies are getting creative about helping buyers feel
comfortable buying once they see a property they like. After all, if you are going to pay such high rent, it may make sense to have the seller buy the rate down and refinance when rates decline. Some programs advertise zero cost refinancing in the future. Don’t see
your neighborhood? Don’t do computer? No problem. We’ll even snail mail the information if you wish. Whether buying or selling, Team Nakanishi is always here to help. On to the rest of 2023!
*Thanks to Hawaii Information Service for the data.
Area
S. Hilo
HPP
Ainaloa
Leilani
Nanawale
Mauna Loa Est, Royal Hwn, Ohia
Pacific Paradise Gardens
Volcano Golf & Country Club
Active 1st qtr 2023/ Median $
53/785515
58/505000
11/259000
16/340000
17/199999
15/362833
0/0
4/399000
# Sold 1st Qtr 2023/Median $
59/495000
51/495000
24/334000
7/325000
2/206250
6/302250
1/315000
1/391000
63
67
54
67
80
48
8
30
Under contract/ Median $ qtr 1 2023
36/467500
37/525000
29/345000
6/296000
7/235000
4/451833
3/395000
0/0
Projected Demand 2023/ Available Now
236/89
204/95
40/96
28/22
24/8
19/24
3/4
0/0
Active/ Median $ Qtr 1 2022
35/670000
41/598000
9/388888
6/359000
13/160000
14/318967
1/425000
0/0
Sold/ Median $ Qtr 1 2022
104/550000
80/454000
49/349000
16/317500
9/235000
14/354743
2/292500
4/597500
Under contract and median $ Qtr 1 2022
70/497500
55/495000
26/362450
6/354000
10/224995
25TH ANNIVERSARY
Av Days to sale (days on market)
18/358095
3/335000
0/0
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