The Home Buyer's Korner

Information presented should be used for educational purposes only.

July 27th, 2015

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BUILDING THE DREAM OF HOME OWNERSHIP

Hawaii Pacific U/Bishop St Area

 Honolulu, HI Homes for Sale

Bishop 3Hawaii Pacific U/Bishop St area median real estate price is $453,625, which is less expensive than 75.2 percent of Hawaii neighborhoods and 12.0 percent of all U.S. neighborhoods.

The average rental price in Hawaii Pacific U/Bishop St is currently $1,570 and rents here are currently lower in price than 50.0 percent of Hawaii neighborhoods. Vacant apartments or homes are a major fact of life in Hawaii Pacific U/Bishop St. The current real estate vacancy rate here is 22.2 percent. This is higher than the rate of vacancies in 88.0 percent of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round and due to the high second/vacation home occupancy rate in the area.

Hawaii Pacific U / Bishop St real estate is primarily made up of small studio to two bedroom to medium sized three or four bedroom condominium complexes, high-rises and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Hawaii Pacific U/Bishop St neighborhood area are established, but not old, having been built between 1970 and 1999 with a number of residences were also built between 1940 and 1969.

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways.

The Hawaii Pacific U/Bishop St neighborhood stands out nationally for having a greater proportion of its residents active in the military than 98.9 percent of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

Furthermore, the government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. The Hawaii Pacific U/Bishop St neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 17.5 percent of its workforce, this neighborhood has a greater concentration of government workers than 98.1 percent of U.S. neighborhoods.

In the Hawaii Pacific U/Bishop St neighborhood, walking to work is a real option for many. In fact, walking to and from work is the chosen way to commute for 30.9 percent of residents here. This is a higher proportion of walking commuters than we found in 98.8 percent of American neighborhoods. Get ready to put on your walking shoes if you move here!

Hawaii Pacific U/Bishop St has the amazing distinction of housing more same sex couples living together than 97.9 percent of neighborhoods in the U.S. If you are seeking such a neighborhood, this is one place that you should consider.

In addition, the Hawaii Pacific U/Bishop St neighborhood stands out within Hawaii for its college student friendly environment. The neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it’s not an environment for everyone, ambitious scholars can enjoy the seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 10 percent of college-friendly places to live in Hawaii. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for young, single professionals.

Many of those attracted to Hawaii Pacific U/Bishop St neighborhood are teachers, professors, administrators or families with an interest in one of the centers of higher education for their children. Many home buyers coming into the neighborhood are affiliated with the Hawaii Pacific University. If you have a college bound child check out my blog post on Kiddie Condos and see if it something that’s right for you.

In addition, the real estate in the Hawaii Pacific U/Bishop St neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of condominium complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big multi-family complexes. In fact, 97.8 percent of the real estate here is classified as multi-family and high-rises, which is more than is found in 99.7 percent of American neighborhoods.

Furthermore, the Hawaii Pacific U/Bishop St neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 97.5 percent of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Also of note, most neighborhoods are composed of a mixture of ages of homes, but the Hawaii Pacific U/Bishop St stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you’ll sense when you look around or drive the streets of this neighborhood is that many of the residential architecture are similar because of this similarity of age. In fact, 84.5 percent of the residential real estate here was built in this one time period.

Your future neighbors in the Hawaii Pacific U/Bishop St neighborhood enjoy upper-middle class incomes and this neighborhood has a higher income than 68.4 percent of the neighborhoods in America.

In the Hawaii Pacific U/Bishop St neighborhood, 60.8 percent of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 21.7 percent of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions at 17.5 percent and 9.9 percent in manufacturing and laborer occupations.

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Hawaii Pacific U/Bishop St neighborhood, residents most commonly identify their ethnicity or ancestry as Asian at 37.0 percent. There are also a number of people of German ancestry at 4.3 percent and residents who report Italian roots at 3.7 percent. Some of the residents are also of English ancestry at 3.3 percent, along with some Norwegian ancestry residents at 2.4 percent, among others. In addition, 21.2 percent of the residents of this neighborhood were born in another country.

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Hawaii Pacific U / Bishop St neighborhood is English, spoken by 74.6 percent of households. Other important languages spoken here include Japanese, spoken by 1.8 percent of households, followed by Chinese, Korean, Vietnamese and Spanish.

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Hawaii Pacific U/Bishop St Homes for Sale Listings

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HOME OWNERSHIP TOOLS

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FHA 203K

Your Home Purchasing or Refinancing & Renovation Tool

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

Here are just a few of the home improvements

you might consider with any Home Renovation loan

Repair or replace a roof

Install, replace or repair gutters and downspouts

Replace, repair or upgrade your HVAC system

Repair or replace plumbing

Install, repair or replace electrical systems

Kitchen remodeling (including the purchase and installation of appliances)

Bathroom remodeling, Full interior painting, Total exterior painting

Repair or replace a septic system and/or well

Disability access (wheelchair ramp, elevator, widen doorways)

Build, repair or replace deck, patio or porch

Basement waterproofing and finishing

Abatement/Stabilization of lead-based paint hazards

Replace old windows, Room additions, Finish an attic

Add a second story to your home

Replace a termite damaged sill plate (a water-damaged sill plate also)

Possible landscaping items such as correction of grading & drainage problems,

tree removal, repair a driveway and sidewalks

FANNIE MAE HOMESTYLE

The Conventional Alternative to FHA 203K

Great for Real Estate Investors and Second Home Renovations

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

USDA RURAL DEVELOPMENT

Up to $10K for Home Improvements, Renovations or a Simple Remodel

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

A SIMPLE HOME SHOPPING INSPECTION TOOL

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This simple home inspection tool makes your ultimate buying decision a smart one.

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96817 Honolulu OLOMEA ST OLOMEA ST Olona Ln Luka St Emmeluth Ln Emmeluth Ln Kepola Pl Mason Pl LANUI PL Lanui Pl River St Iliahi St ILIMA DR Ilima Dr Nuuanu Ave Park St Momolio St Hanai Loop Sereno St Hanalima Pl HANANA PL Hanana Pl DAYTON LN Analu St Lanakila Avenue APAKI ST Pahili Rd Apaki St Liliha St Liliha Court Ln LILIHA PL Liliha St PAHOEHOE PL Pahoehoe Pl Gartley Pl NAIO ST Naio St Kalepa Pl Dayton Ln Nakele St McNeill St Kalikimaka St Puunani Place Craigside Pl Nalanui St Apio Ln VINEYARD BLVD Vineyard Blvd Paina St NAMAUU DR Namauu Dr Keaeloa Ln Iwilei Rd Kealakai St KEALIA DR Kealia Dr Huene St Kaluhikai Ln Kaluhikai Ln Nanaina Pl KAM HWY ROOKE AVE Rooke Ave Kama Ln Kamaaina Dr Twin View Dr Kamaaina Pl Kamaka Ln Akamu Pl Kamalii St Matzie Ln Akepo Ln Puu Paka Dr Panalaau St Puuhue Pl PUUMELE PL Puumele Pl PUUNANI PL Puunani Pl Puunui Ave Lee Pl Ragsdale Pl Paui Pl Alewa Dr Alewa Dr Alewa Pl Kimo Dr Maalaea Rd Beretania St Beretania St D1a Lanakila Ave Kamuela Pl PIKAKE PL Pikake Pl Hemolele Pl Maui St Holelua Pl Laimi Rd Kanani Pl KUALONO ST Kualono St Mauliola Pl Muliwai Ln Houghtailing Street HALONA ST Halona Pl Halona St McCandless Ln McCandless Ln MAO LN Mao Ln Maunakea St HOUGHTAILING ST Houghtailing St Rawlins Ln PALA ST Stillman Ln Kuakini St ALA KIMO DR Ala Kimo Dr Hotel St AULD LN Pala St Auld Ln Lowell Pl Aulii St Aulii St Hoomaikai St Gregory St Hau St Kuipaakea Ln Aumoae St HOLOKAHANA LN Robello Ln Aupuni St Kula St Kanoa St JACK LN Palama St Palamea Ln Malua Dr BARBERS POINT ACCS RD Palapala Pl KUNAWAI LN Kunawai Ln Jack Ln MAPU LN Mapu Ln HUINA ST Huina St MAMALAHOA PL Mamalahoa Pl MAMALU PL Mamalu Pl Mamalu St Waokanaka Pl Waokanaka Pl Waokanaka St Mawae Pl Waolani Ave POHAKU ST Pohaku Pl Pohaku St KUPU PL Kupu Pl Kaohinani Dr Kaohinani Dr Alakawa St Bates St KAPALAMA AVE Kapalama Ave Huli St  Makalapua Pl FOR RENT PANUI ST Wolter Ln Panui St PALI HWY Pali Hwy Palimalu Dr Bernice St Kapua Ln SKYLINE DR Bates St Elena St NUUANU PALI DR Nuuanu Ave NUUANU AVE ANALU ST Palama St Waipa Ln Honolulu Hi Hinalo Pl PUU PAKA Simon Rd WAIHELUA RD KAM HWY Wong Ln Aloha Aina Pl KAIHELENA PL Austin Ln LOPEKA PL Hoaloha Place Lopez Ln Hillcrest St ALOKELE ST Alokele St YAMADA LN Yamada Ln Lopez Ln Country Club Rd SHERMAN PARK PL SHERMAN PARK PL KUHIO HWY Niniko Pl Judd St Nuuanu Ave Niolopa Pl Niolopua Dr Alaneo St Kuakini St Moanawai Pl Stream Dr Alani St Skyline Dr Watson Pl Frog Ln KEKAU PL Kekau Pl Homelani Pl WINANT ST Winant St Waiakamilo Rd Ehako Pl Eheu St WAIHEE ST Akau Ln Waihee St Waikahalulu Ln Puunui Ave Hawaii St Hiram Ln BANYAN ST LANE Laa Ln Old Palama St Old Pali Rd Old Pali Pl Old Pali Rd Oo Ln Banyan St Sing Loy Ln WAIPA LN Waipa Ln Mason Pl Kiapu Pl Io Ln Long Ln Huna St PUA LN Pua Ln Brigham St SCHOOL ST Meleana Pl School St Pine St MORRIS McNeill St Henry St Alika Ave Ekekela St Ekekela Pl Iao Ln Luakini Pl Mahalo St Luakini St Laki Rd Lakimela Ln Nimitz Hwy Nu Pl Dillingham Blvd JUDD ST Judd St Hialoa St Poli Hiwa Pl Hikina Ln Craigside Judd St Hoaloha Pl Hoapili Ln BURBANK ST Morris Ln Haka Dr Hakumele Pl Kilakila Dr Hala Dr Kohou St Burbank St 29 Hillcrest St FOR RENT Halapia Pl Easy St Wood St KOKEA ST Kokea St Allan Pl Judd St Monte Cooke Pl Aala St Bachelot St PUIWA RD Puiwa Ln Puiwa Rd Craigside 2101 Nuuanu Ave College Walk Peter Buck St Naio St Dow St Park Pl Pulelehua Way Rosebank Pl Huake Pl Konia St Olaa Pl MAKALAPUA PL Makalapua Pl Olalahina Pl Easy St Makanani Dr Makanani Dr KING KING ST King St Nuuanu Pali Dr For Rent Polohi Pl Polohilani Pl Polohinano Pl Polohiwa Pl Makuahine St Makuahine Pl Makuahine St Makuakane Pl Makuakane St Momolio St Ahi Pl Ahiahi St Ahipuu St Eu Ln KAAUWAI PL Kaauwai Pl Peterson Ln Lei Rd Kaauwai Pl For Sale Hone Ln Mahalo St Walea Pl NUUANU Nuuanu Ave NUUANU PALI DR Malanai Pl PUNA ST Puna St KUAKINI ST Kuakini St Kukui St Noble Ln MUTUAL LN COELHO WAY Coelho Way Kaena Ln Kauai St Klebahn Pl Kahawalu Dr KAUMAILUNA PL Kaumailuna Pl Kaumualii St Judd St Lolena Pl Lolena St SCHOOL ST Aipaako St Dowsett Ave Ihe St IHOLENA ST Iholena Pl Iholena St Kawaiiki Pl Robinson Ln KAWANANAKOA PL Kawananakoa Pl Kaikuahine St Kaikuahine St Kaikunane Loop WYLLIE ST Wyllie Pl Wyllie St Lanai St LANAKILA AVE Lanakila Ave McGregor Ln AHIAHI PL KANOA ST KEPOLA PL LAA LN PALAMEA LN LOI KALO SING LOY LN Kaimuohema Pl Malino Pl Mcgrew Ln Pelekane Dr Keola St Keolewa Pl Keolewa Pl KEONAONA ST Keonaona St

96818 Honolulu Moanalua Rdg Wiliki Dr Anapa St Holapa St Likini St Tinker Ave Keaka Dr Manuwa Dr Puuku Makai Dr Puuku Mauka Dr Piikea Pl Piikea St 20th St Honohono St Haloa Dr Ala Akulikuli St Ala Alii St Ala Aloalo Pl Ala Aloalo St Pakini St Wanaka St Ala Aupaka Pl Ala Awapuhi Pl Ala Hahanui St Ala Hapuu Pl Ala Hapuu St Ala Haukulu Pl Ala Haukulu St Ala Hinalo Pl Ala Hinalo St Ala Hinano Pl Ala Ilima St Ala Kamaile St Ala Kapua Pl Ala Kapua St Ala Kika Pl Ala Kopiko Pl Ala Kopiko St Ala Laulani St Ala Lehua Pl Ala Lehua St Ala Leie Pl Ala Leie St Ala Leleu St Ala Lilia St Ala Lilikoi PlAla Lonomea St Ala Makahala Pl Ala Nanala St Ala Nanu St Ala Napuaa Pl Ala Napunani Ala Naupaka St Ala Nioi Pl Ala Noni Pl Ala Oli St Ala Oliko Pl Ala Oloa Pl Ala Opeha Pl Ala Pili Loop Ala Pili Pl Ala Poha Pl Ala Puaala Pl Ala Puaala Way Ala Puawa Pl Ala Pue Pl Ala Punene Pl ALA PUUMALU PL Ala Puumalu St Ala Ulike Pl Ala Ilima St Kukila Pl Kukila St Halupa St Palahinu Pl Mananai Pl Maluna St Valkenburgh St Hulakui Dr 7TH ST Ala Nanala St BOUGAINVILLE DR 8TH ST MANANAI PL Mananai Pl BOUGAINVILLE DR Mananai Pl KAHAKAI RD 18th St 19th St Signer Blvd 3161 Ala Ilima Moreell St MOANALUA RD Main St Aliamanu Pl Aliamanu St Likini St Laakea Pl Laakea St 1ST ST Puanakau St Ala Ilima St Luaole Pl Luaole St Luapele Dr Luapele Pl Ala Napunani St Mahie Pl Mahie St Main St Uila St Ukali St Ukana St Hakupapa St Olino St Wawe Pl Opua St Salt Lake Blvd Makaala St Ala Ilima St Olaloa St Epukane St Lehia St Ala Ilima St Loina Pl Naulu Pl Punihi St Aila St Puolo Dr Kahikolu Pl Kahikolu Way Likini St KAM HWY Molehu Dr Molina St ALA LILIKOI ST KAM MOANALUA RD LIKINI ST WANAKA ST SALT LAKE BLVD RADFORD DR

96819 Honolulu Emmeline Pl Pio Pl Pio Pl Waterhouse St Beckley St Beckley Pl Beckley St Laulani St KALAEPAA DR Kalaepaa Dr LUKELA LN Lukela Ln Laumaile St Kalena Dr Kalama Rd Kalama Rd Kalani St Kalania Pl WILSON ST Kale Pl LAGOON DR Pahukui St Pahulu St OWAWA ST Owawa St Iwaho Pl KALIHI ST Kalihi St Colburn St Nakuina St Nalani St NALANIEHA ST Nalanieha St Wilcox Ln Iluna Pl Owen St KINO Owene Ln Stanley St Huea Pl Kealoha Pl Kealoha St Kaluaopalena St Kam Iv Rd AKAHI ST Akahi St KAMANAIKI ST Kamanaiki St PUUHALE RD Puuhale Rd PUUKAPU ST PUUKAPU ST Kamehameha Hwy PUULOA RD Kamehameha Iv Rd AKINA Akina St Maalahi Pl Maalahi St Akone Pl Kamohoalii St Kamohoalii St Omilo Ln NOULO ST Kuapohaku Dr Kuahiwi Way Haaliki St Apona St Kuapapa Pl Kuapohaku Dr Wilson Pl Nene St Lakapu St Kini Pl Ala Amoamo Pl Ala Amoamo St Ala Aolani Pl Ala Aolani St Ala Aoloa Pl Ala Aoloa Loop Ala Aoloa Pl Hani Ln Hani Ln Ala Hekili Pl Ala Hoku Pl Ala Iolani Pl Ala Iolani St Ala Kapuna St Ala Kiao Pl Ala Kipa St Ala Kolopua St Ala Kula Pl Ala Lani Pl Ala Lani St Ala Mahamoe Pl ALA MAHAMOE ST Ala Mahina Pl Ala Makani Pl Ala Makani St Ala Makani Way Ala Noe Pl Ala Noe Way Ala Nolunolu St MEYERS ST Nanimauloa Pl Ala Uahi Pl Ala Uwila Pl Ala Waiopua St Kui Pl Hau St Kuikele Pl Kuikele Pl Kuikele St LIMA ST Lima St HAUIKI ST Hauiki St KULA KOLEA PL Kula Kolea Dr Kula Kolea Pl Meyers St Haumana Pl Kanoelani Rd Haupu Pl Factory St PALANEHE ST Palanehe Pl KINO ST Kino St Nimitz Hwy Adelaide St Poepoe Pl NIHI ST Adelaide St Nihi St Palena St Palena Pl Palena St HULALI PL Hulali Pl Mary St Ala Kapuna St Naopala Ln Pili Aloha Pl 2004B/C/D PUUKAPU ST Piliwai St Wilson St HOLUA WAY Holua Pl Holua Way Hart St Elua St ELUWENE ST PAPALI ST Eluwene St Papali Pl Papali St Manaiki Pl Self Ln Gulick Ave RICHARD LN 1728 Ahuula St FOR RENT Keha Pl Machado St Notley St ALA HOKU PL KALIHI ST ANUU PL PERRY ST MAKA IMOIMO ST Libby St KAAOHUAHUA PL Richard Ln Moanalualani Pl Linapuni St KAULANIAHEE PL Ala Kapuna St LINAPUNI MAHIMAHI RD Onipaa Pl Onipaa St EWA BCH PAPIPI MOANALUA Moanalua Rd Moanalualani Ct Moanalualani Pl Moanalualani Way MOANI ST Moani St ROSE ST ALA KAPUNA Ema Pl Wahine Pl Bannister Pl Ahihi Street Bannister St ANO LN Ano Ln Republican St WAIKAHE PL Waikahe Pl Unulau Pl Waikoae Rd Perry St Homerule St Wailele St Wailele St Hanu Ln Amelia St ASHFORD ST Kapalulu Pl Murphy St Merkle St Oheke Pl Amelia St Puaala Ln Puaala Ln Puanani Ln Meyers St School St Hiu St Silva St Linapuni St Farr Ln Farr Ln Maha Pl UAALAKAA ST Uaawa Pl Lakoloa Pl Mahani Loop Dillingham Blvd Mahaoo Pl Hihio Pl Dement St LALAMILO PL Lalamilo St Hiki St Pacheco St Uhu St Mahiole Pl Mahiole St OHU ST Ohu St Ukiuki Pl GULICK AVE Gulick Ave Haku Pl Haku St Hakuaina Pl Democrat St Ula St Ulana St Ulana Pl Ulana St GERTZ LN Gertz Ln Rose St Moelola Pl Numana Rd Numana Rd PULAA LN Pulaa Ln Rodgers Blvd Umalu Pl Pinkham St Kolopua St Monte St MIDDLE ST Umi St Horner St Arsenal Rd Horner St Ola Ln Ola Ln Kono Pl Kono St KING ST King St Harvey Ln Laniuma Rd Kopke St Fernandez St Ahihi St Poma Pl Lohilani St AHONUI ST Ahonui St Harvey Ln LEHUA ST Lehua St Ahu Ln Ahuahu Pl Laelae Way Ahuula St Anuu Pl Hoe St Hoenui St Koapaka St MIDDLE ST Kilohana St KILOHI ST Kilohi St KILOLANI PL Kilolani Pl VIOLET ST Kahaha St Kahai St Puolani St Puolani St Martin St Kamehameha Iv Rd For Sale JENNIE ST MARTIN ST STRM Kahanu St PUPUKEA HMST RD KAHAUIKI PL Kahauiki Pl Kahauiki St Lokelani St Ainapua St Jennie St Valley View Dr Likelike Hwy Nobrega St Halina St LEILANI ST Kaumualii St AOAO ST Leilani St Aoao Pl Aoao St Mokauea St Noe St VIOLET ST Kam Hwy Day Pl Alu Pl Alu St Kaili St Kawohi Pl KALIHI ST Lehua St Naai St A Beckley St Honolulu Hi ALA LANI Kalihi St Kamehameha Iv Rd EMMELINE PL King St LIKELIKE HWY Elliott St PILIWAI ST School St Maliu St PAPIPI

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