Hawaii Real Estate

With a strong growth in Hawaii's economy, it serves as a good place to live and work (not just visit). With interest rates still at an all time low and appreciation values continuing to rise, Hawaiian Real Estate makes for a great investment. Residential construction throughout the islands remains strong offering an abundance of housing to choose from.

Oahu, Hawaii, which is the third largest island in the Hawaiian chain, is Hawaii's most populated island. It is also home to the capital of Hawaii, Honolulu. Near Honolulu you will find the state's main port, a major airport, and the business and financial center. The suburban areas surrounding Honolulu offer recreational parks, great schools, and excellent housing and community networks. The island of Oahu has developed one of the most advanced telecommunications infrastructures in the world. Due to it's central location not only in Hawaii, but the entire Pacific, Oahu serves as a virtual monopoly on traffic between Asia and the United States.

Hawaii, otherwise known as The Big Island, is home to 3 major cities, Hilo, Kailua-Kona, and Captain Cook. The Big Island is also a great place to look for Hawaiian Real Estate or sell a home. Residential sales are up 65% from last year, and vacant lot sales are up 70%. The appreciation value of homes is also rising and shows no signs of slowing. The median price of a home on The Big Island is $532,500. The Big Island is also a great choice when looking for a second home with many condos found in the low $300,000's.