Kona Kohala Blog

Prices continue their downward trend in West Hawaii.  Today, I listed a 1 bedroom, 1 bath condo very near Kona town, for just $120,000.  This is a perfect unit for a single or couple just starting out or as an investment property.  Always check with your tax professional before making such a decision but with a low buy-in price there may be a return on your investment, something not often seen in Kona or anyplace else in Hawaii, for that matter.

With a 5% loan and 20% down ($24,000) you'd have an APR of 5.095%, closing costs of about $2,590.66 and a monthly payment of $515.35, this according to the Pentagon Federal Credit Union website quote.  This is assuming a good credit score of 720 or better, a solid work history and substantiated income.

The sun continues to shine, whales are still here and last night there were so many stars out that the sky looked like one big blur of light punctuated with bright spots, it was amazing.  Kona is a wonderful place to live inspite of the crazy growth we've seen in the last few years.

It takes people a while to slow down once they get here.  They tend to stay on mainland speed until it finally hits them, this is Hawaii, I moved here to slow down, now it's time.  If you want to slow down, contact us and we'll find the perfect place to watch the whales, the stars and slow down.  aloha