The Home Buyer's Korner

Information presented should be used for educational purposes only.

August 19th, 2015

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Kamehameha Hwy/Farrington Hwy Neighborhood

Pearl City, Hawaii

Kam HWYKamehameha Hwy/Farrington Hwy area median real estate price is $598,095, which is more expensive than 50.7 percent of the neighborhoods in Hawaii and 93.5 percent of the neighborhoods in the U.S.

The average rental price in Kamehameha Hwy/Farrington Hwy area is currently $1,057 and rents here are currently lower in price than 87.8 percent of Hawaii neighborhoods. In Kamehameha Hwy/Farrington Hwy area, the current vacancy rate is 2.3 percent, which is a lower rate of vacancies than 90.9 percent of all neighborhoods in the U.S. This means that the housing supply in Kamehameha Hwy/Farrington Hwy is very tight compared to the demand.

Kamehameha Hwy/Farrington Hwy is an urban neighborhood located in Pearl City, Hawaii and primarily made up of small studio to two bedroom to medium sized three or four bedroom condominiums and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Kamehameha Hwy/Farrington Hwy neighborhood are established but not old, having been built between 1970 and 1999 with a number of residences built between 1940 and 1969.

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.

Do you like a coastal setting? If so, this neighborhood may be to your liking. The Kamehameha Hwy/Farrington Hwy neighborhood is on the ocean. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike.

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Kamehameha Hwy/Farrington Hwy neighborhood, they truly stand out. This neighborhood has a higher percentage of sales and service workers than 98.3 percent of all American neighborhoods.

Furthermore, with 2.0 percent of employed workers living in the Kamehameha Hwy/Farrington Hwy neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 97.0 percent of American neighborhoods and shapes the neighborhood’s culture and character.

American households most often have a car, and regularly they have two or three. But households in the Kamehameha Hwy/Farrington Hwy neighborhood buck this trend. Residents of this neighborhood must really love automobiles with 43.8 percent of the households here have four, five, or more cars. That is more cars per household than in 98.0 percent of the neighborhoods in the nation.

Kamehameha Hwy / Farrington Hwy area has the distinction of housing more same sex couples living together than 97.5 percent of neighborhoods in the U.S. If you are seeking such a neighborhood this is one place that you should consider.

Our research revealed that more commuters here take the bus to work at 21.1 percent ride the bus than 97.3 percent of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

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 Kamehameha Hwy / Farrington Hwy neighborhood, 48.6 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 clerical, assistant, and tech support occupations, with 19.7 percent of the residents employed. Other residents here are employed in manufacturing and laborer occupations at 16.4 percent and 14.6 percent in executive, management, and professional occupations.

Each neighborhood has its own culture derived primarily from the ancestry 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 ethnicities and ancestries 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 Kamehameha Hwy/Farrington Hwy neighborhood in Pearl City, Hawaii residents most commonly identify their ethnicity or ancestry as Asian at 51.0 percent. There are also a number of people of Mexican ancestry at 11.5 percent and residents who report Puerto Rican roots at 5.1 percent. Some of the residents are also of Irish ancestry at 3.4 percent, along with some German ancestry residents at1.6 percent, among others. In addition, 25.4 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 Kamehameha Hwy/Farrington Hwy neighborhood is English, spoken by 68.8 percent of households. Other important languages here include Tagalog, the first language of the Philippine region, and spoken by 16.1 percent of households and Japanese.

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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


The Conventional Alternative to FHA 203K

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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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