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1 Hawaiian Island REAL ESTATE GUIDE GORGEOUS 5BED/3BATH KONA HOME HAWAIIAN STYLE GUEST QUARTERS, OCEAN & SUNSET VIEWS, 3 LANAIS! Tropical yard surrounds quality, pristine home featuring 2 living areas & almost 800 sf of lanai for extended outdoor living area. Open & airy with expansive windows, open beam ceilings, Cherry wood & tile floors. Gourmet kitchen with granite counters, dewils soft close cabinets, stainless steel appliances. 3/2 upstairs, 2/1 guest quarters downstairs, Palms, Plumerias, fruit trees & garden. Great Kona location close to beaches, restaurants, shopping & golf. MLS# $559,000 Kona Carla Womack RS, GRI "Your Hawaii Realtor" A Top Producer cell konacarla@gmail.com

2 Aloha, A hui hou Welcome to the Big Island of Hawai'i! Due to its size you can end up doing quite a bit of driving as you discover the many wonderful things the island has to offer. Like most visitors, you are probably busy deciding which activities to try, where you'd like to eat, and what souvenirs you would like to take back home with you. While you are are out and about, you've no doubt had opportunities to meet with kama`ainas, or those who call Hawaii home. Can you see yourself in their slippers? Have you wondered what it would be like to move here to actually live here? The Hawaiian Island Real Estate Guide has been created to help you find your own potential place in paradise. Curious about what homes in the Islands are like? They're more than little grass shacks on the beach and not all are multi-million dollar beach estates. The Hawaiian Island Real Estate Guide provides the opportunity to showcase a variety of properties, in many cases in the comfort of your hotel, B&B or condo room. We are also found in many convenient rack locations throughout the island, as well as some select Real Estate offices. So, take a look, dream, and maybe, just maybe, find yourself an island home. Chris Morakis Publisher Get Noticed Hawaiian Island R E A L E S T A T E G U I D E Big Island Living One of the best oceanfront locations in West Hawaii! Large ground floor unit has ocean views you only dream about! Watch sunsets, snorkel with turtles right outside your door, just steps from the beautiful whites sands beach John Smith Hawaiian Island R E A L E S T A T E G U I D E Hawaiian Island R E A L E S T A T E G U I D E Big Island Living One of the best oceanfront locations in West Hawaii! Large ground floor unit has ocean views you only dream about! Watch sunsets, snorkel with turtles right outside your door, just steps from the beautiful whites sands beach John Smith PU UEPA OCEAN VIEW RANCH LOTS Four beautiful 20 acre parcels available with expansive ocean sunset and Maui island views. From $545,000 to $565,000 MLS Private, gated community close to the ocean with paved access drive, County water and underground utilities. Protective CC&R's and deeded access to the ocean! Seller Financing 30% down 3-5 year market rate interest. Charles A. Anderson, PB Office: Cell: charlie@bigisle.com Website: Call or Today for current advertising prices and rate! Jason Strahn jason.strahn@gmail.com Better Bang for your Buck! Over 50,000 copies are distributed over two months for one low price.. Better Buyers & Sellers! Target more people: In-room at many Hotels, Condos and B&Bs, at the Airports, in Rackstands, and at select real estate offices.. Better than just a Catalog! More than just ads. Get relevent information on the Big Island communities. Better Look! Don t get lost in the crowd. Fewer pages means your properties get noticed more.. Better Call!

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4 Hosley Realty Co Chris Morakis Publisher, Jason Strahn Sales and Business Development, Art to Print Hawaii Graphic Design, Cindy Griffey, Carla Womack Editorial Contributors, Maui Circulation Circulation The Hawaiian Island Real Estate Guide is published every 60 days by Aloha Visitor Guides, 66 Ku`ukama Street, Kahului, HI 96732, copyright All rights reserved. No part of this publication may be reproduced without the expressed written permission of the publisher. Publisher reserves the right to refuse any advertising which it deems unacceptable. We assume no responsibility for unsolicited material. Submitted manuscripts, artwork and photographs must be accompanied by a stamped, self-addressed envelope for return. Printed in Hawaii. For advertising rates and information, please call (808) , or send an request to jason.strahn@gmail.com

5 Market Watch by Cindy Griffey RS,GRI,ABR,SFR,CIPS,TRC Century 21 All Islands The Big Island Real Estate market is relatively strong going into these summer months. There is general improvement in demand in Kona residential and condo markets. Most of our activity is concentrated in the lower price ranges, which is typical for this stage of our market cycle. Residential in the median price range continues to sag from the ongoing flow of REO and Short Sale bargains into the market. The good news is that the number of sales is at the highest level since the low of home sales 2 years ago. The condo price is under similar downward pressure from distressed sales. Like residential, condo units sold is up substantially from the lows of Our housing bubble deflated about 18 months to 2 years after the mainland market and recovery should be about the same. We won t feel it for several months after the West Coast sees signs of an improving real estate market. In the minds of Homebuyers, Sellers and Homeowners their position on what recovery is largely driven by their own perceived interests. Some of the implications are hikes in loan costs, interest rates, down payment requirements and generally speaking the barrier of entry to homeownership. Banks are making it much tougher to purchase a home. Many homeowners won t think the market has recovered until it gets back to their mental target value for their home and some buyers who sit on the fence won t think recovery is here until they ve been priced out of the market for fear of still paying too much. If a Buyer sees great value and it is affordable it is a great time to buy and it will be for years to come. Hawaii is a very transient market with people coming-and-going, buying and selling every day. About 23% of American homeowners are under water and 35% of foreclosures are believed to be strategic but the vast majority of homeowners facing negative equity don t walk away. They don t default on their mortgages. They just keep working, keep paying and keep on keeping on because they want to keep their home. The deeper underwater a home gets, the more willing its owner becomes to walk away. But most homeowners think that defaulting is wrong and unfair and they are simply attached to their home. A big chunk of real estate decision making is quite simple to understand. We buy homes because we want to and it is still the American dream. That is why we keep them too. For better or worse! We live in a beautiful warm place where anyone would want to live. This is why our market is different and better than many other US destinations. No matter how good or bad the economy is, there will always be people here in Hawaii buying or selling real estate.

6 Kona Paradise Kona Paradise is a beach community with a beach and private beach park. Watch whales, dolphins and sunsets from your lanai. Swim, snorkel, kayak, dive and fish in clear Blue Hawaii waters. Elvis Presley s movie Girls, Girls, Girls was partly filmed just south of Kona Paradise. Complete with a 6 acre trail park with shade trees and picnic bench. Just 10 to 15 minutes north to Hookena Beach Park white and black sand beach with showers, restrooms, BBQ and picnic benches. Go north and head down Hwy 160 to Painted Church or to City of Refuge, as well as other beaches and boat ramp. A little further and you ll find yourself at the famous Kealakekua Bay. Along the way stop at the South Kona Fruit stand or Fujihara s convenience store (5 to 10 minutes north of Kona Paradise). Kona Paradise, where every hour is happy hour! Kona Carla Womack RS, GRI Coldwell Banker Maryl cell konacarla@gmail.com

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