Aloha! Welcome to our first annual HAWAII DIGS Special Edition.
Southern Californian’s have always loved Hawaii as a vacation destination, but they also make up a very large portion of the real estate transactions there as well.
So, we thought it would be fun and interesting to check out what’s happening in real estate on the Hawaii Islands – a natural fit for DIGS to expand our conversation and role as “connector” in the neighborhoods and ultimate destinations we love.
Southern California buyers go big on Hawaii home purchases. According to a state “Residential Home Sales in Hawaii” report, California home buyers continue to have a significant impact on Hawaii’s housing market.
In fact, California real estate buyers purchased 5,371 single-family homes in Hawaii from 2008-2015. That’s 38% of all home purchases by mainland buyers.
The report, compiled by the state Department of Business, Economic Development and Tourism, show that mainlanders gravitate toward higher-end luxury purchases.
“Hawaii is not a state of mind, but a state of grace.” — Paul Theroux
Don’t miss the awe-inspiring Cover home and feature article – it’s a magical oasis located on the North Shore of Kauai listed for $70M by Neal Norman of Hawaii Life Real Estate Brokers. This Indonesian themed epic estate sits on 15 acres and is surrounded by exotic palms, citrus and coconut trees.
Inside our HAWAIIAN ISLAND Special Edition, be prepared to be awed by the beauty, iconic architecture and heavenly retreats that await.