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Hawaii Real Estate News and Updates

Hawaii real estate market news & updates backed by 25+ years experience helping clients buy & sell Oahu & Honolulu real estate, condos, homes, townhomes & more.
Ward Village Alert – Victoria Place Residences Now Open to All Buyers!

VICTORIA PLACE

Victoria Place Ward Village, the 7th Hawaii condo tower planned by The Howard Hughes Corps. News, details, photos, videos of Victoria Place, next new 400-foot luxury waterfront condo high-rise in Honolulu, Hawaii.

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Will Out-of-State & Out-of-Country travel to Hawaii, scheduled to Open-Up on 8/1/20,* be delayed to a later date tbd??

With the recent upswing in Hawaiis relatively low case counts, and the further upswing in the high case counts on the U.S. mainland and foreign countries, this Opening Date is possibly in question/jeopardy...

Perhaps Good, for Hawaiis physical health...but Disasterous for Hawaiis economic health...Specifically our visitor industry (airlines, hotels, restaurants/bars, tour companies, car rental companies, visitor/local attractions & all of the hundreds of local businesses that support them...even local farmers & fisherman).  Not to mention our tax revenue aka State economists warnings about inevitable cut-backs... 

The most significant Dilemma our State, Country & World have faced in our lifetimes (except perhaps WWII for those still living).

That is partially why Locals and Non-Local Residents are Nesting, by buying and/or selling homes & condos to get setup for the long haul (7-10 yrs +)...Historically no matter when you Buy, if you intend to Hold for at least that long, you have generally come-out fine...as a result, it has been Busy!

*With a verified Negative COVID-19 Test w/in 72-hrs of departure.

(Photo taken early April 2020 on a deserted Waikiki beach in front of the Waikiki Shore condotel & the Outrigger Reef hotel...Strangely Beautiful/Peaceful.)

Will Out-of-State & Out-of-Country travel to Hawaii, scheduled to Open-Up on 8/1/20,* be delayed to a later date tbd??

With the recent upswing in Hawaii's relatively "low" case counts, and the further upswing in the "high" case counts on the U.S. mainland and foreign countries, this Opening Date is possibly in question/jeopardy...

Perhaps "Good," for Hawaii's physical health...but "Disasterous" for Hawaii's economic health...Specifically our visitor industry (airlines, hotels, restaurants/bars, tour companies, car rental companies, visitor/local attractions & all of the hundreds of local businesses that support them...even local farmers & fisherman). Not to mention our tax revenue aka State economist's warnings about inevitable cut-backs...

The most significant Dilemma our State, Country & World have faced in our lifetimes (except perhaps WWII for those still living).

That is partially why "Locals" and "Non-Local" Residents are "Nesting," by buying and/or selling homes & condos to get setup for the long haul (7-10 yrs +)...Historically no matter when you Buy, if you intend to Hold for at least that long, you have generally come-out fine...as a result, it has been Busy!

*With a verified Negative COVID-19 Test w/in 72-hrs of departure.

(Photo taken early April 2020 on a deserted Waikiki beach in front of the Waikiki Shore condotel & the Outrigger Reef hotel...Strangely "Beautiful/Peaceful.")
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2 days ago