Its a trickle down effect. Buyers cant buy homes because there is too much competition and the Buyers cant wait forever so they are now turning to renting homes in Ewa Beach, Hawaii or moving into government housing. Its really a shame that these Buyers are not able to be competitive enough to buy homes but its all about “who has the most liquid cash to pay above the asking price for a house?” Typically, that is not my brother and sister Veterans that have this type of liquid cash so they are being priced out of the market. This makes renting a home even a difficult task for some Military Families since they are unable to purchase homes and now there is even competition for rental homes. Some of the most desirable areas in Ewa Beach, Hawaii such as the Hoakalei Resort properties of Ka Makana, Kuapapa and Lei Pauku, Ocean Pointe, Ewa By Gentry homes in all neighborhoods including Sonoma, Prescott, Haleakea, Cypress Point, Woodbridge, Carriages, Parkside, Tuscany, Montecito, Las Brisas, Tiburon, Cortebella, Terraza, Tides, Trades, SeaBridge, Coral Ridge, Latitude and Sandalwood to name a few.

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.

Hawaii Military Realty, Inc. will open its doors within the next 30 days. 

1SG (Ret) David Kucic, REALTOR,  is the Principal Broker and Owner of the new company.  Tonya Kucic, REALTOR-ASSOCIATE,  is co-owner of the company.

We will specialize just as we have over the past 6 years with servicing the men and women of the Active Armed Forces, National Guard, Reservists,  retirees, veterans and anyone else that has ever worn a military uniform.

VA Loans are our specialty when it comes to Buyers purchasing homes on Oahu.  However, we are well equipped to handle FHA Loans, USDA Loans and conventional loan clients as well.

Are you a civilian that is looking for a hard working, dedicated real estate agent but you have never worn a uniform?  Let us show you what our committment to excellence is all about.

Looking forward to serving all of you in the future.