The Home Buyer's Korner

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July 28th, 2015

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N Vineyard Blvd/Liliha St Neighborhood

Iwilei Area Homes for Sale

Honolulu, Hawaii

Kokea StN Vineyard Blvd/Liliha St real estate area median real estate price is $379,511, which is more expensive than 25.9 percent of the neighborhoods in Hawaii and 78.3 percent of the neighborhoods in the U.S. The average rental price in N Vineyard Blvd / Liliha St is currently $907 and rents here are currently lower in price than 100.0% of Hawaii neighborhoods.

N Vineyard Blvd/Liliha St real estate is primarily made up of medium sized three or four bedroom to small studio to two bedroom apartment complexes, high-rises small apartment buildings and a few condominium complexes. Most of the residential real estate is renter occupied. Many of the residences in the N Vineyard Blvd/Liliha St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

In N Vineyard Blvd/Liliha St, the current vacancy rate is 3.4 percent, which is a lower rate of vacancies than 85.8 percent of all neighborhoods in the U.S. This means that the housing supply in N Vineyard Blvd/Liliha St is very tight compared to the demand for property here.

Furthermore, the real estate in the N Vineyard Blvd/Liliha St neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment 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 apartment buildings and complexes. In fact, 87.5 percent of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.2 percent of American neighborhoods.

The N Vineyard Blvd/Liliha St neighborhood has some outstanding things about the way it looks and its way of life that are worth highlighting. From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the N Vineyard Blvd/Liliha St neighborhood, they truly stand out. This neighborhood has a higher percentage of sales and service workers than 99.6 percent of all American neighborhoods.

The N Vineyard Blvd/Liliha St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 51,313 persons per square mile in the neighborhood, it is more packed with people than 98.6 percent of the nation’s neighborhoods.

In addition, 100.0% of the real estate in the N Vineyard Blvd/Liliha St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

This neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the N Vineyard Blvd/Liliha St neighborhood has a greater percentage of residents born in another country at 46.3 percent than are found in 96.7 percent of all U.S. neighborhoods.

In the N Vineyard Blvd/Liliha St neighborhood, 57.0 percent of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 22.9 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 15.4 percent and 4.7 percent in executive, management, and professional 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 N Vineyard Blvd/Liliha St neighborhood, residents most commonly identify their ethnicity or ancestry as Asian at 19.2 percent. There are also a number of people of Puerto Rican ancestry at 7.8 percent. In addition, 46.3 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 N Vineyard Blvd / Liliha St neighborhood is English, spoken by 32.3 percent of households. Other important languages spoken here include Vietnamese, which is spoken at home buy 5.3 percent of the residents and Chinese.

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N Vineyard Blvd/Liliha St Neighborhood Homes for Sale Listings

Iwilei Area Homes for Sale 

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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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