The Home Buyer's Korner

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August 18th, 2015

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Komo Mai Dr/Hoolaulea St Neighborhood

Pearl City, Hawaii

Komo MaiKomo Mai Dr/Hoolaulea St area median real estate price is $695,481, which is more expensive than 64.8 percent of the neighborhoods in Hawaii and 95.5 percent of the neighborhoods in the U.S.

The average rental price in Komo Mai Dr/Hoolaulea St is currently $2,262 and the average rental cost in this neighborhood is higher than 81.7 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 just 0.5 percent of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Komo Mai Dr/Hoolaulea 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.

Furthermore, this Komo Mai Dr/Hoolaulea St neighborhood has earned the distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 96.5 percent of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 95.2 percent of all neighborhoods in America.

Komo Mai Dr/Hoolaulea St is an urban neighborhood 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 Komo Mai Dr/Hoolaulea St neighborhood are older, well-established, built between 1940 and 1969 with a number of residences built between 1970 and 1999.

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Pearl City, the Komo Mai Dr/Hoolaulea St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

If you’re looking for a great spot to raise a family, then look no further than the Komo Mai Dr/Hoolaulea St neighborhood. The combination of good quality public schools, above-average safety from crime, and a high rate of home ownership in predominantly single-family homes, help make this neighborhood among the top 10.5 percent of family-friendly neighborhoods across the state of Hawaii. In addition, there are a high proportion of other families with school-aged children living here, making it easy for parents and their children to socialize and develop a sense of community support. Families here highly value education, as is reflected by the strength of the local schools, in part due to the educational attainment of the parents here, who vote in support of the public schools.

Did you know that the Komo Mai Dr / Hoolaulea St neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It’s true! In fact, 66.2% of this neighborhood’s residents have Asian ancestry.

Komo Mai Dr / Hoolaulea St is also pretty special linguistically. Significantly, 8.5% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America.

The Komo Mai Dr/Hoolaulea St neighborhood stands out nationally for having a greater proportion of its residents active in the military than 98.8% 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.

Your future neighbors in the Komo Mai Dr/Hoolaulea St neighborhood in Pearl City are well-to-do, making it among the 15 percent highest income neighborhoods in America and has a higher income than 92.0 percent of the neighborhoods in America.

In the Komo Mai Dr/Hoolaulea St neighborhood, 29.4 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 26.5 percent of the residents employed. Other residents here are employed in manufacturing and laborer occupations at25.5 percent and 18.1 percent in clerical, assistant, and tech support 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 ancestry 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 Komo Mai Dr/Hoolaulea St neighborhood in Pearl City, Hawaii, residents most commonly identify their ethnicity or ancestry as Asian at 66.2 percent. There are also a number of people of Puerto Rican ancestry at 2.2 percent. In addition, 13.2 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 Komo Mai Dr / Hoolaulea St neighborhood is English, spoken by 78.8 percent of households. Other important languages here include Japanese and spoken by 8.5 percent of households, followed by Tagalog, the first language of the Philippine region and Chinese.

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KOMO MAI DR/HOOLAULEA ST NEIGHBORHOOD HOMES FOR SALE

PEARL CITY HOMES FOR SALE LISTINGS

Livingston Homes for Sale

HOME OWNERSHIP TOOLS

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Find Real Estate Agents, Mortgage Lenders, and General Contractors ready to assist you with all your home purchasing needs.

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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