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Despite Hawaii s hot housing market, average sales prices plunge at Trump Tower Waikiki

Despite Hawaii’s hot housing market, average sales prices plunge at Trump Tower Waikiki Rick Daysog © Provided by Honolulu KHNL HONOLULU (HawaiiNewsNow) - During the 2019 tourism boom, condominiums at the Trump International Tower in Waikiki sold for an average of about $1.7 million. Since then, average sales prices in the tower have fallen below $650,000 ― despite the hot housing market in the islands. “At the same time this year, the overall market ― just resorts ― went up 27%. So Houston, we have a problem,” said real estate expert Ricky Cassiday. Cassiday ran the numbers on the resales of condos at the Trump Tower for the past several years.

AP EXPLAINER: Will Pricey Hawaii Do Enough to Limit Evictions?

A moratorium on evictions for people who fell behind on rent during the coronavirus pandemic expires in early August in Hawaii. Officials hope federal rent assistance and a new state law encouraging landlords to enter mediation with their tenants will prevent evictions.

Boutique hotel, wellness center opportunity zone project planned for Kauai s Kukuiula

Boutique hotel, wellness center opportunity zone project planned for Kauai s Kukuiula
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

City Considering More Regulations for Vacation Rentals

City Considering More Regulations for Vacation Rentals
hawaiipublicradio.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hawaiipublicradio.org Daily Mail and Mail on Sunday newspapers.

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