housing

Slick Pixels Hawaii / Vimeo

Texas-based developer Hunt Companies is set to expand its local influence. The company is accelerating the redevelopment of Kalaeloa—while working on high-profile projects on three islands. Pacific Business News editor in chief A. Kam Napier has more on what’s ahead for company in the next decade.

Sonny Abesamis
Sonny Abesamis

Short term rentals are a growing part of the visitor market on all of Hawai'i's islands. On Maui, residents of Paia and Haiku are trying to decide the future of short-term rentals in their community after an unusual discovery: their current community plan and the Maui County Code don't match up. We get more from HPR contributing reporter Colleen Uechi of the Maui News.

Wikipedia Commons
Wikipedia Commons

It’s well known that Hawaii faces a critical housing shortage. As Pacific Business News reports, different challenges exist at all price points. PBN editor-in-chief A. Kam Napier has more.

Studio Incendo / Flickr
Studio Incendo / Flickr

There’s no question that Hawai‘i has a shortage of affordable housing. That’s also a frequent complaint for a growing number of cities in the Asia Pacific. And in Hong Kong, some of the projections are dramatic. HPR’s Bill Dorman has details in today’s Asia Minute.

Flickr / EDMUND GARMAN
Flickr / EDMUND GARMAN

As most of you know, it is hard to break into Hawai‘i’s housing market. The latest census numbers show the state’s median housing value increased 7.4% to nearly $567,000, making it the highest in the nation. But as HPR’s Molly Solomon reports, that’s nothing new. 

Kakaako Condos Lead Sales In June

Jul 21, 2016
Flickr / jdnx
Flickr / jdnx

When it comes to Honolulu condominium sales, Ala Moana and Kaka‘ako remain king. That’s according to a new report that compares housing trends in neighborhoods across Oahu. HPR’s Molly Solomon explains.

The report, issued by the Honolulu Board of Realtors, found that condo sales in Ala Moana and Kaka‘ako were particularly strong last month. Compared to June of last year, sales for units rose by 42 percent. And the median sales price jumped nearly $300,000 —a 71 percent increase.

Hawaii Ranked Priciest State For Rentals. Again.

Jun 1, 2016
Flickr/Geoff Livingston
Flickr/Geoff Livingston

Hawai‘i residents have to earn $34.22 an hour to afford a two-bedroom rental.  That’s according to a new study from the National Low Income Housing Coalition. They ranked Hawaii the most expensive state in the nation when it comes to renting an apartment. HPR’s Molly Solomon explains.

The Conversation: Monday, May 30th, 2016

May 30, 2016
Flickr - Cold Press Publishing

Off Shore Wind Farm Proposal; Revisiting the Battle of Midway; Building Smart Housing on Oahu; Preserving Historic Pearl Harbor Site

Proposed Wind Farms in Kahuku and off shore: Henry Curtis

Job Center On Wheels Connects Homeless With Work

Mar 10, 2016
Molly Solomon
Molly Solomon

A mobile job center is popping up in neighborhoods around O‘ahu. The program is run by the Institute for Human Services and helps connect homeless people with work. HPR’s Molly Solomon explains.

Rachel Elaine. / Flickr
Rachel Elaine. / Flickr

State lawmakers were briefed today on the major challenges developers face in building affordable housing for low income residents.   HPR’s Wayne Yoshioka reports. 

Wayne Yoshioka

The high cost of housing in Hawai’i is a challenge for local employers who must recruit and retain workers.  That was the topic of a panel discussion today sponsored by the Building Industry Association and Chamber of Commerce.   HPR’s Wayne Yoshioka reports.

Wikipedia Commons
Wikipedia Commons

Hawaii’s housing shortage now has a number — nearly 66,000 housing units are needed over the next ten years. What happens next? We get more from Pacific Business News Editor in Chief A. Kam Napier.

According to the state department of business, economic development and tourism – Hawaii needs a massive home building campaign just to catch up with the natural demand of a steadily growing population.  Statewide, the number is nearly 66,000.  On Oahu, almost 26,000 housing units will be needed by 2025.

noe tanigawa

  

  Currently, the average sales price of a home on O‘ahu is 974 thousand dollars, up 11% from a year ago--- for a condo, the average price is 398 thousand, up 8%.  Meanwhile, Hawai‘i’s population is increasing by about 29 new residents a day, and housing has not kept up.  HPR’s Noe Tanigawa offers this look at real estate on O‘ahu over the past year.

The Honolulu Board of Realtor’s website offers listings, market information, and consumer assistance.

noe tanigawa

Neighbors: An Island Story” has been the theme this week at HPR, and somehow in Hawai’i, all 1, 374, 810 of us have found a way to live together in relative contentment. Nearly a million people live on O’ahu, and Honolulu is now the 13th largest metropolitan area in the U.S. HPR’s Noe Tanigawa looks at how we hope to live together in the future.

Wayne Yoshioka

The Hawai’i Housing Finance and Development Corporation estimates the state needs more than 30,000 affordable “for-sale units” or rentals to meet current demand. One state-backed venture in Kaka’ako, in the heart of O’ahu’s construction boom, is nearly half way to being completed. HPR’s Wayne Yoshioka reports.

Oliver-McMillan Pacific Rim

The Symphony Honolulu is the newest luxury condominium that will be built on the corner of Ward Avenue and Kapi’olani Boulevard across from the Neal Blaisdell Center. In less than a week, the developer has sold nearly 70% of the units being offered for sale to the public. Many real estate agents say the market is on the verge of exploding due to low inventory and pent up demand. HPR’s Wayne Yoshioka got one family’s perspective during a Symphony Honolulu purchase.

It’s a Friday aloha to May – From HPR2, it’s The Conversation

Making the Wright decision in housing redevelopment

Drew Astolfi is a faith based community organizer with Faith Action for Community Equity. His focus continues to be affordable housing; He organized the Kukui Gardens group, is helping to complete  the sale of the city owned buildings. and is working with  Mayor Wright residents on their  preferred plan for the project’s redevelopment.