The Army Corps of Engineers had the Homeowners Assitance Program during the recession of 2007 to 2011 that assisted Service Members who were upside down on their mortgages. There were certain criteria that had to be met such as that you must have purchased the property between certain dates as your primary residence and that you must have received that sent you away from the home you purchased. If you met the criteria then the HAP program in Hawaii contributed the difference between what you sold the house for and what your mortgage balance was. The Service Member who sold the house did not make any profit but the HAP program saved the Service Member from doing a short sale or from going into foreclosure.

David Kucic and Hawaii Military Realty, Inc. assisted several Service Members with HAP sales during the recession.

As I look at the current housing market in Ewa Beach, Hawaii, I see a grim picture for Service Members who purchased homes duriing the pandemic and will soon be on orders to leave Hawaii. Many homes are stagnant on the market because of the large amount of homes for sale and the hesitation of Buyers to purchase a home due to the uncertainty of the future, home prices, inflation and interest rates to name a few.

If you are a Service Member in a difficult situation, please dont hesitate to contact Hawaii Military Realty, Inc for honest and truthful information. You will deal with our team of career, retired Service Members, spouses and active Service Members who are all professionally trained and licensed to take care of our fellow Members.

The inventory of homes for sale in Ewa Beach, Hawaii is minimal. There are a ton of Buyers looking for homes. Interest rates are low. Combine those 3 things and you have “bidding wars” on homes. In the past 2 weeks, we have had Buyers make offers ABOVE the list price by many, many thousands of dollars only to get beat out by someone that was willing to go higher. Two of the properties had a total of 28 offers and another one had 22 offers. Thats very hard to compete with if Buyers are not willing and/or not able to pay a higher price and have disposable cash to make up the difference between the appraised value and the inflated price they have to pay just to get the house.

Just listed for sale Dec 17, 2017 in Ewa Beach, Hawaii located in Ka Makana at Hoakalei.  Our client wants us to sell this wonderful 3 bedroom, 2 bathroom townhouse with owned PV system with original HECO Net Energy Metering, Single Level End Unit, excellent condition, no carpet, private backyard with 2 car attached garage, plantation shutters, fresh coat of neutral interior paint, closet system, Murphy bed perfect for home office. Maintenance and HOA fees cover water, sewer, trash, high speed internet, basic expanded cable tv, home telephone, use of pool, tennis courts and fitness center. The single level end units are the most rarely available in Ka Makana and only a few were built on the ends
of the townhouse clusters.  $600,000.00

For the past 20 years, Haseko has been building new homes in Ewa Beach in the Ocean Pointe and Hoakalei Resort Communities.  Their last residential building is taking place now as they sell out the last few homes in the Lei Pauku Townhouse community near/on Hoakalei Country Club.  Once those are completed, Haseko will focus on building the commercial project in that same area.  It is expected that Haseko will not be selling any new build residential properties for at least the next couple of years will cause our already low supply of homes to get even worse.  Are you interested in New Homes in Hawaii or Homes for Sale in Hawaii?  Contact us and we can help you as we helped over 1,000 Buyers, Sellers, Landlords and Tenants over the past 12 years.

The newly built homes in the resort community of Kipuka at Hoakalei  is located in Ewa Beach, Hawaii.  This Residence Four home has just over 2,030 square feet of interior living space.  The Residence Four has 4 bedrooms and 2.5 bathrooms with prices starting approximately $814,990.  The Residence Four house is part of the Golf Series which are on golf course frontage along the 15th, 16th and 17th holes of Hoakalei Golf Course and Country Club in the gated community of Kipuka at Hoakalei.  The other homes in the resort are part of the Garden Series and those are interior lots at Hoakalei Golf Course and Hoakalei Country Club.  For more information on these houses for sale or any other houses for sale in Hoakalei Resort, Ka Makana at Hoakalei, Ewa Beach, Oahu, Hawaii VA Loan information, contact the Ewa Beach, Hawaii real estate experts at Hawaii Military Realty, Inc. (808) 218-9338.  Hawaii Military Realty, Inc. is the only dedicated real estate company on Oahu that is dedicated to serving the needs of the Hawaii Military Community.  The company is Veteran owned, Veteran operated, Veteran managed and services Active Duty Military, Retirees, Veterans, National Guard, Reservists, Department of Defense Employees, Government Contractors and any civilian that demands knowledgeable, honest, caring and loyal real estate services in Hawaii.

Kipuka at Hoakalei is the newest residential neighborhood in the resort area of Hoakalei located in Ewa Beach, Hawaii.  This Residence Three home has approximately 1,714 interior square feet.  The Residence Three has 4 bedrooms and 2.5 bathrooms with prices staring around $638,900.  This Residence Three home is part of the Garden Series which are the interior units within the Kipuka gated community.  The other residential properties are of the Golf Series and those are golf course frontage lots along the 15th, 16th and 17th fairways of Hoakalei Golf Course and Hoakalei Country Club.  For more information on Ewa Beach homes for sale or any other houses for sale in Hoakalei Resort, Ka Makana at Hoakalei, Ewa Beach, Oahu, Hawaii VA Home Loan information, contact your Ewa Beach, Hawaii real estate experts at Hawaii Military Realty, Inc. (808) 218-9338.  Hawaii Military Realty, Inc. is Veteran owned, Veteran operated, Veteran managed and services Active Duty Military, Retirees, Veterans, National Guard, Reservists, Department of Defense Employees, Government Contractors and any civilian that demands knowledgeable, honest, caring and loyal real estate services in Hawaii.