A Clark Realty Corporation Blog

Big Island of Hawaii – May 2009 Sales Volume

June 23rd, 2009 Clark Realty Corporation

ANALYSIS:

Residential sales volume for the entire Big Island increased by 94.31% over the previous month, during May 2009. Condo sales also increased by 27.44%, while we experienced a drop of 62.21% from April to May in vacant land sales.

According the the National Association of Realtors®, May’s increase nationally was the first back-to-back monthly gain since September, 2005.

April, 2009 and May, 2009 Sales Volume Numbers for the Big Island:

Property Type April, 2009 May, 2009
Residential $28,668,132 $55,705,576
Condos $10,055,077 $12,814,339
Vacant Land $21,433,100 $8,098,900

While still significantly lower than last year, median sales prices have increased from April, 2009 to May, 2009 in residential listings by 25.42%, and sales prices for condos have increased by 22.37%. Vacant land prices dropped by 24.05% over the same period.

Information provided by Hawaii Information Service

Plant Lovers Bloom in East Hawaii!

June 22nd, 2009 Clark Realty Corporation

Article Contributed by:

East Hawaii is a plant lover’s wonderland. The combination of rain, sun and warmth produces ideal climates from mountain tropics to lowland jungles and forests. Plant hobbyists have their pick of climates and elevations for cultivating their favorites. Enthusiastic plant societies in East Hawaii include: Orchid, Palm, Water Garden, Rare Tropical Fruit, and Bamboo to name a few. It seems almost everyone is willing to share stories and plants. Just driving around the town of Hilo, Hawaii, you never know when you might spot rare species!

Puna, South of Hilo, has inexpensive land (as little at $30,000 for 3 acres) and excellent rainfall – the perfect climate for such epiphytes (air plants) as Medinilla magnifica, shown below with Clark Realty agent Steve Matthews, R(S) in a photo taken by his client Lucille Chi. Note the size of the ferns and the intense lushness.

Steve Matthews, R(S) and Medinilla magnifica

AGENT SPOTLIGHT: Cynthia Harrison, R

June 12th, 2009 admin
Cynthia Harrison, R
CYNTHIA HARRISON, R
Clark Realty Corporation Hilo Office

CLIENT TESTIMONIAL:

“We purchased a condo a couple of months ago through Clark Realty. Our agent was Cynthia Harrison. We have worked with many realtors over the years, including several on the Big Island, and Cindy is by far the best realtor we have ever worked with! We both though we were very fortunate to have Cindy representing us during the buying process.”

Randy and Emiko Freumd
Ames, IA

First Time Buyers RED ALERT

April 6th, 2009 Clark Realty Corporation

Article contributed by :
Frank Goodale, R, CRB
Vice-President, Director of Information Technology – Clark Realty Corporation

The DEADLINE is NOVEMBER 30th this year for the $8,000 give away to first time buyers. Buyers must have officially closed their transaction by this date and should remember that it typically takes 60 days to close a transaction after writing the sales contract. For many transactions this could take as long as 4 months or more where a seller’s short sale may be involved.

This means buyers should be actively looking at homes now, checking their credit scores and becoming prequalified as well as learning about their available options and how the process works. To find out more about this program follow this link.

So you are not a first time Buyer, what about your children or grandchildren? The federal deadline for this $8,000 bonus expires November 30th. Get the family involved. This program is also open to anyone who has not owned a home in the last 3 years.

AGENT SPOTLIGHT: Marco A. Silva, R(S)

March 24th, 2009 Clark Realty Corporation
Marco A. Silva, R(S)
MARCO A. SILVA, R(S)
Clark Realty Corporation Kona Office

CLIENT TESTIMONIAL:

“We wanted to write to say a big “Mahalo!” for all the work Marco did in order to find us our dream home here on the Big Island. From the beginning he was always professional and went out of his way to accommodate us.

Since we were new to the island, it really helped that Marco provided us with written information and was so well organized and informative about the different neighborhoods. Most of all, he spent a lot of time showing us all the different properties available to us and it felt as if he really put in a lot of research to show us what would fit our needs. He also gave great feedback on the pros and cons of each place, and we really felt that he was looking out for us.

Anybody looking to sell or buy property in Hawaii will be well served to have Marco Silva as their realtor. For us, it was great timing in getting the home we wanted, and he definitely had a lot to do with putting us in the right place at the right time. We really love our new home and hope to do business with Marco again in the future.”

Gina and David Bonn
Waikoloa, HI