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Hilo, HI Real Estate News

By John Petrella
(Local Hawaii Real Estate)
Below is a chart that shows the number of Land Sales in the S Hilo District on the Big Island of Hawaii.  The data are over the last 5 years, starting with October 2003 and ending in October 2008.  More sales data and info can be found at LocalHawaiiRealEstate.com  (Data Source:  Big Island MLS) Stop by, visit and talk story at our office on the Big Island of Hawaii! John Petrella, REALTOR®ABR®, GRI, Broker/Owner Direct: 808.640.3953Local@LocalHawaiiRealEstate.com Local Hawaii Real EstateHonesty • Integrity • Commitment 159 Keawe St., Suite 1Hilo, HI  96720 REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics.
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By John Petrella
(Local Hawaii Real Estate)
Below is a chart that shows the number of Home Sales in the S Hilo District on the Big Island of Hawaii.  The data are over the last 5 years, starting with October 2003 and ending in October 2008.  More sales data and info can be found at  LocalHawaiiRealEstate.com  (Data Source:  Big Island MLS) Stop by, visit and talk story at our office on the Big Island of Hawaii! John Petrella, REALTOR®ABR®, GRI, Broker/Owner Direct: 808.640.3953Local@LocalHawaiiRealEstate.com Local Hawaii Real EstateHonesty • Integrity • Commitment 159 Keawe St., Suite 1Hilo, HI  96720 REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics.
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By John Petrella
(Local Hawaii Real Estate)
Below are the October 2008 Land Sales for Kaumana.  You can view and download the past 12 months of Land Sales for Kaumana at: KaumanaRealEstate.com  (Data Source:  Big Island MLS)Stop by, visit and talk story at our office on the Big Island of Hawaii! John Petrella, REALTOR®ABR®, GRI, Principal Broker Direct: 808.640.3953Local@LocalHawaiiRealEstate.com Local Hawaii Real EstateHonesty • Integrity • Commitment 159 Keawe St., Suite 1Hilo, HI  96720 REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics.
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By John Petrella
(Local Hawaii Real Estate)
Below are the October 2008 Home Sales for Kaumana.  You can view and download the past 12 months of Home Sales for Kaumana at: KaumanaRealEstate.com  (Data Source:  Big Island MLS)Stop by, visit and talk story at our office on the Big Island of Hawaii! John Petrella, REALTOR®ABR®, GRI, Principal Broker Direct: 808.640.3953Local@LocalHawaiiRealEstate.com Local Hawaii Real EstateHonesty • Integrity • Commitment 159 Keawe St., Suite 1Hilo, HI  96720 REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics.
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By John Petrella
(Local Hawaii Real Estate)
Below are the October 2008 Home Sales for Hilo Town on the Big Island of Hawaii.  You can view and download the past 12 months of Home Sales for Hilo at: HiloTownRealEstate.com  (Data Source:  Big Island MLS)Stop by, visit and talk story at our office on the Big Island of Hawaii! John Petrella, REALTOR®ABR®, GRI, Principal Broker Direct: 808.640.3953Local@LocalHawaiiRealEstate.com Local Hawaii Real EstateHonesty • Integrity • Commitment 159 Keawe St., Suite 1Hilo, HI  96720 REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics.
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By John Petrella
(Local Hawaii Real Estate)
Below are the October 2008 Land Sales for Hilo Town on the Big Island of Hawaii.  You can view and download the past 12 months of Land Sales for Hilo at: HiloTownRealEstate.com  (Data Source:  Big Island MLS)Stop by, visit and talk story at our office on the Big Island of Hawaii! John Petrella, REALTOR®ABR®, GRI, Principal Broker Direct: 808.640.3953Local@LocalHawaiiRealEstate.com Local Hawaii Real EstateHonesty • Integrity • Commitment 159 Keawe St., Suite 1Hilo, HI  96720 REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics.
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By Bill Parecki, RS, ABR, RDCPro, SFR, E-Pro, SRS, AHWD, Green
(Elite Pacific Properties)
 Aloha, Here are the vacant lots that have sold in Hilo, Hawaii from 9/26/08 till 10/26/08.  It is an incredible buyer's market and if you are thinking of purchasing property on the Island of Hawaii now it the time. For all your Big Island questions do not hesitate to give me a call. Aloha nui loa Bill Parecki, AR, ABR          HawaiianIslandHomes@gmail.com              808-345-8818  MLS DATA   MLS # Tp St DOM    Taxkey Tnr Price Display Land area Details   208902 LN S 145    3-2-2-43-96 FS  $139,000   10,000 sqft      SOLD 10/2/2008 for $130,000 (CNV) DOM 145   209666 LN S 150    3-2-5-44-11 FS  $175,000 2 ACRES Ocean Views above Hilo Town!! 2.00 ac        SOLD 10/17/2008 for $150,000 (CASH) DOM 150   Summary of Comparable Listings that have sold   # Lowest Highest Average Median Mode...
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By Bill Parecki, RS, ABR, RDCPro, SFR, E-Pro, SRS, AHWD, Green
(Elite Pacific Properties)
 MLS DATA   MLS # Tp St Aloha, Here are the prices of the homes in Hilo that have sold in the last month. DOM stands for days on the market.  As you can see there are some great deals on property.  Having lived on the Island of Hawaii for over 36 years, I think that this is one of the best times to buy that I have seen.  As a famous investor once said "you want to buy when everyone is selling and you want to sell when everyone is buying". Now is the time to be buying. If you are looking for property on the Big Island, give me a call.  Aloha nui loa Bill Parecki, RA, ABR     Hawaiian Island Homes Ltd. 808-345-8818   HawaiianIslandHomes@gmail.com   DOM    Taxkey Tnr Price Display Land area Details   210527 RS S 93    3-2-2-39-91 FS  $325,000 1877 10,734 sqft  1,982 4/2.5    SOLD 10/6/200...
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By Bill Parecki, RS, ABR, RDCPro, SFR, E-Pro, SRS, AHWD, Green
(Elite Pacific Properties)
Aloha, Well the downturn in the economy has also affected our Hospitals on the Island of Hawaii.  Mayor Kim has said "Our hospital situation is in crisis." High operation cost combined with low reimbursements for patients and insurance companies have affect our bottom line.  What we are presently seeing is a cut in positions and a near complete hiring freeze. One CEO compared the situation "to a drowning man up to his nose in water".  The county is holding a number of working meetings to get the community involved in solutions to help solve the problem.  Not a good time for the sick in Hawaii.
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By John Petrella
(Local Hawaii Real Estate)
Below are the September 2008 Land Sales for Hilo Town.  You can view and download the past 12 months of Land Sales for Hilo Town at: HiloTownRealEstate.com  (Data Source:  Big Island MLS)Stop by, visit and talk story at our office on the Big Island of Hawaii! John Petrella, REALTOR®ABR®, GRI, Principal Broker Direct: 808.640.3953Local@LocalHawaiiRealEstate.com Local Hawaii Real EstateHonesty • Integrity • Commitment 159 Keawe St., Suite 1Hilo, HI  96720 REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics.
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By John Petrella
(Local Hawaii Real Estate)
Below are the August 2008 Land Sales for Hilo Town.  You can view and download the past 12 months of Land Sales for Hilo Town at: HiloTownRealEstate.com  (Data Source:  Big Island MLS)Stop by, visit and talk story at our office on the Big Island of Hawaii! John Petrella, REALTOR®ABR®, GRI, Principal Broker Direct: 808.640.3953Local@LocalHawaiiRealEstate.com Local Hawaii Real EstateHonesty • Integrity • Commitment 159 Keawe St., Suite 1Hilo, HI  96720 REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics.
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By John Petrella
(Local Hawaii Real Estate)
Below are the September 2008 Home Sales for Hilo Town.  You can view and download the past 12 months of Home Sales for Hilo Town at: HiloTownRealEstate.com  (Data Source:  Big Island MLS)Stop by, visit and talk story at our office on the Big Island of Hawaii! John Petrella, REALTOR®ABR®, GRI, Principal Broker Direct: 808.640.3953Local@LocalHawaiiRealEstate.com Local Hawaii Real EstateHonesty • Integrity • Commitment 159 Keawe St., Suite 1Hilo, HI  96720 REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics.
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By John Petrella
(Local Hawaii Real Estate)
Below are the August 2008 Home Sales for Hilo Town.  You can view and download the past 12 months of Home Sales for Hilo Town at: HiloTownRealEstate.com  (Data Source:  Big Island MLS)Stop by, visit and talk story at our office on the Big Island of Hawaii! John Petrella, REALTOR®ABR®, GRI, Principal Broker Direct: 808.640.3953Local@LocalHawaiiRealEstate.com Local Hawaii Real EstateHonesty • Integrity • Commitment 159 Keawe St., Suite 1Hilo, HI  96720 REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics.
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By Bill Parecki, RS, ABR, RDCPro, SFR, E-Pro, SRS, AHWD, Green
(Elite Pacific Properties)
Aloha, One of the best kept secrets of Hawaii is our University of Hawaii Campus at Hilo.  This is a beautiful campus located in lovely Hilo town. This University is a state university with a private college atmosphere.  One of the benefits of this University is the small class room size and a low faculty-to-student ratio.  You are not going to have classes where there are 400students.  When my daughter attended, most of her classes had between 10 and 20 people in them. In addition, as a public university, the University of Hawaii has a great curriculum. Did I mention that the tuition rates are one of the least expensive in America. If you are thinking of a dream college for you children than it would be wise to take a look at the University of Hawaii at Hilo.
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By Trevella Williams, Realtor, Salesperson, ABR SFR
(Aloha Coast Realty, LLC)
Ho'olaulea is basically a Hawaiian Block party and it has taken over downtown Hilo one more time! Every year on the last Saturday of September downtown Hilo town is hoppin! 3 Concert stages set up right across from the beautiful Hilo Bay, the music starts PUMPIN and the people start JUMPIN!  The line up this year includes; Ten Feet, Mana o Company, Rebel Souljahz, Ekolu, Sudden Rush, Hookoa, Waiolama, Island Harmony, Darlene Ahuna, Mixjah, Tropical Blend and this doesn't include the strolling minstrels and the vendors! KWXX Island Music station puts on this event every year with a few appreciated sponsors and Hilo literally shuts down the streets for the party! It is a family event so no drugs or alcohol are welcome (inside or outside of the bodies present)  though the do show up in som...
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By John Petrella
(Local Hawaii Real Estate)
Yes Hilo does enjoy the lazy hazy days of summer time!  Our days get longer.  Our day time temps slip into the mid 80s and most of us hit the beaches of Hilo.  This year there is little rain so we have had some glorious bright sunny days.  Last Wednesday was such a day.   Here is a photo of Hilo with Mauna Kea in the back ground.  It taken in the small park on the ocean side of Suisan fish market with my Nikon D-50. John Petrella, REALTOR®ABR®, GRI, Broker/Owner Direct: 808.640.3953Local@LocalHawaiiRealEstate.com Local Hawaii Real EstateHonesty • Integrity • Commitment 159 Keawe St., Suite 1Hilo, HI  96720 REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its ...
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By John Petrella
(Local Hawaii Real Estate)
As the Principal Broker of Local Hawaii Real Estate I receive calls from all over the world.  If I sound a bit sleepy when you call -- you just may have forgotten that Hawaii is in a different time zone! With a flick of the legislative pen in 2005, most of the localities in the USA made more day time available for more weeks!  They did this to make better use of the daylight by moving one hour of sun light from the morning to the evening.  So for the northern 49 states it begins at 2:00am on the Second Sunday of March and ends on the First Sunday of November.  And for the Europeans it begins at 1:00am GMT on the last Saturday of March and ends at 1:00am on the last Saturday of October.  For some reason, animals like roosters, pigs, cows, geckos and this blogging Broker (who needs his sl...
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By John Petrella
(Local Hawaii Real Estate)
Below are the July 2008 Home Sales for Hilo.  You can view and download the past 12 months of Home Sales for Hilo at: HiloTownRealEstate.com  (Data Source:  Big Island MLS)Stop by, visit and talk story at our office on the Big Island of Hawaii! John Petrella, REALTOR®ABR®, GRI, Principal Broker Direct: 808.640.3953Local@LocalHawaiiRealEstate.com Local Hawaii Real EstateHonesty • Integrity • Commitment 159 Keawe St., Suite 1Hilo, HI  96720 REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics.
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By John Petrella
(Local Hawaii Real Estate)
Below is a chart that shows the number of Daylight hours in Hilo on the 21st of each month for 2008.  Stop by, visit and talk story at our office on the Big Island of Hawaii! John Petrella, REALTOR®ABR®, GRI, Principal Broker Direct: 808.640.3953Local@LocalHawaiiRealEstate.com Local Hawaii Real EstateHonesty • Integrity • Commitment 159 Keawe St., Suite 1Hilo, HI  96720 REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics.
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By John Petrella
(Local Hawaii Real Estate)
Hilo is the second largest Town in the State of Hawaii.  Hilo is located on the East Side of the Big Island.  Here is view of the sun lighting up the early evening sky as it sets on the western side of Mauna Kea.  This photo was taken from my nighborhood in Sun Rise Ridge, Hilo using a Nikon D-50. John Petrella, REALTOR®ABR®, GRI, Broker/Owner Direct: 808.640.3953Local@LocalHawaiiRealEstate.com Local Hawaii Real EstateHonesty • Integrity • Commitment 159 Keawe St., Suite 1Hilo, HI  96720 REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics.
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