Judy's December Newsletter
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Mauna Loa Eruption, November 29, 2022, Photo by Chris Reed
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I'm sure just about everyone on the planet has heard that Mauna Loa is erupting.
There are no signs of an eruption where I live-no glow, no smell, no shaking, no noise. I did not know the eruption had started until I read the news.
The glow of the lava is visible from Waimea town, and at the moment it is pretty easy to get close to the lava from Waimea. If the lava crosses the saddle road, the County will almost certainly restrict access for traffic safety reasons.
Those keen for more information might want to check here.
Here is a map depicting the lava zones on the Big Island.
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In the last 30 days, we've had 44 new listings in my primary service area - Honokaa, Waimea, Kohala Ranch, Mauna Kea Resort, Mauna Lani Resort, Waikoloa Resort, Waikoloa Village, and Waikii Ranch. In that same period we've had 29 properties sell, and 30 properties drop in price.
It's a pretty balanced market at the moment, but I'm hearing from buyers now, whereas it was pretty quiet for a while.
I don't predict the market-I'm no good at it. But I wouldn't be surprised to see much more activity in the near future.
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December 2 & 3, Na Makua Invitational Christmas Gift Fair, Edith Kanakaole Tennis Stadium, Hilo. Free! For more information click here.
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December 3, 5:30, Waimea The 62d Christmas Twilight parade. The truckers do a great job of decorating their vehicles, and it's fun to see them driving through town, still decorated, in the following weeks. For more information
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December 4, 11 a.m-2 p.m., Holualoa. Humanity Hale's Fundraising Brunch
This looks like fun! For more information click here.
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December 6, Kahilu Theater, Waimea. 7 p.m. The Kingston Trio?!?
Not the original Kingston Trio, of course, but this will be a great evening! For more info click here.
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December 16, 7 p.m., Kahilu Theater, Na Leo Pilimehana. Take a break from the holidays and listen to this beautiful trio. For more information
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The first three people to give me their names and addresses will get a jar of Rare Hawaiian Honey's Organic White Kiawe Honey. Here's more information.
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KTA Grocery Store!
Like most other businesses in town, KTA is struggling to keep enough staff to operate . I have always preferred KTA because they support and encourage local food producers, even though that, too has been difficult lately. Farmers have are having a very hard time finding workers, and are cutting back on production.
The KTA staff pulled out all the stops the day before Thanksgiving! The store was fully stocked, the staff were bustling around restocking, and everything seemed to be working with great cheer and efficiency. I applaud them all!
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* 13 of the 50 major US housing markets surveyed saw an inventory DECREASE in October...…most of them - about 70% - were on the East Coast.
* About 60% of Vienna's residents live in homes that are either owned by the city government or by state-subsidized non-profit cooperatives. Vienna consistently ranks as a top quality-of-life city. Of the 1.9 million people living in Vienna, about 2,000 are homeless.
* Homeowner equity peaked at $11.5 trillion collectively last May, after home prices jumped 45% since the start of the pandemic. About $1.5 trillion has eroded since then.... Borrowers who bought their homes before the pandemic collectively have $5 trillion more than they did before the pandemic hit. (CNBC)
* 10 US states have gas selling for under $3.20/gallon. Texas is $2.95.....Hawaii is $5.20....76% higher!
* Joshua Riccio, a Hawaii Department of Transportation Airports Division firefighter recruit, used a pediatric oxygen mask to resuscitate Ceci, a pet female cat that was overcome by smoke in a house fire in Keaukaha in November. Firefighters were able to save Ceci and most of the home.
* In October, only 16% of consumers surveyed said now is a good time to buy a home - the lowest number on record.
* The first new major exhibit at Iolani Palace in decades, expected to open in 2024, will present the history of the overthrow of the Hawaiian Kingdom.
* If you can, take a look at "Do You Really Want a New Kitchen Counter", by Amanda Mull, in The Atlantic. I've never understood the desire to keep up with the latest trends, so I found the article very comforting :-).
* New US homes are about 1,000 square feet larger than they were in 1973, and living space per person has nearly doubled.
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Here are the latest stats, and if you want to search further, check out my website here
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I appreciate all referrals, and if you're thinking of selling or buying anywhere in the US, I can help you, your friends and family find the perfect agent!
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That's all for this month. I hope you have a fantastic December and wish you the happiest of holidays!
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© Compass 2022 ¦ All Rights Reserved by Compass ¦ Made in NYC
Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
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