The Home Buyer's Korner

Information presented should be used for educational purposes only.

August 18th, 2015

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Hoohulu St/Hoomalu St Neighborhood

Pearl City, Hawaii

Hoolulu StHoohulu St/Hoomalu St median real estate price is $690,428, which is more expensive than 63.8 percent of the neighborhoods in Hawaii and 95.4 percent of the neighborhoods in the U.S.

The average rental price in Hoohulu St/Hoomalu St is currently $2,229 and the average rental cost in this neighborhood is higher than 80.4 percent of the neighborhoods in Hawaii. In addition, this neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With a 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Hoohulu St/Hoomalu St neighborhood and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

Hoohulu St/Hoomalu St is an urban neighborhood is located in Pearl City, Hawaii and primarily made up of medium sized three or four bedroom to large four, five or more bedroom single-family homes and town homes. Most of the residential real estate is owner occupied. Many of the residences in the Hoohulu St/Hoomalu St neighborhood are older, well-established, built between 1940 and 1969 with a number of residences built between 1970 and 1999.

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels.

Your future neighbors in the Hoohulu St/Hoomalu St neighborhood in Pearl City are well-to-do, making it among the 15 percent highest income neighborhoods in America and this neighborhood has a higher income than 86.9 percent of the neighborhoods in America.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Hoohulu St/Hoomalu St neighborhood, 43.1 percent of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 22.7 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 20.1 percent and 13.6 percent in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Each neighborhood has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicity and ancestry of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were can help you understand how a neighborhood is today.

In the Hoohulu St/Hoomalu St neighborhood in Pearl City, Hawaii, residents most commonly identify their ethnicity or ancestry as Asian at 63.9 percent. There are also a number of people of South American ancestry at 2.7 percent and residents who report Portuguese roots at 1.7 percent. Some of the residents are also of German ancestry at 1.6 percent.

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 Hoohulu St/Hoomalu St neighborhood is English, spoken by 86.1 percent of households. Other important languages include Japanese, which is spoken by 6.4 percent of households, followed by Tagalog, the first language of the Philippine region.

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HOOHULU ST/HOOMALU ST NEIGHBORHOOD HOMES FOR SALE

PEARL CITY HOMES FOR SALE LISTINGS

Livingston Homes for Sale

HOME OWNERSHIP TOOLS

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HOME OWNERSHIP TOOLS

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

Organizing your home shopping experience affords a wise decision-making process.

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

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