The Home Buyer's Korner

Information presented should be used for educational purposes only.

August 2nd, 2015

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GREATER WAIANAE/MAKAHA HAWAII

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MOEKAHI ST/LUALUALEI HOMESTEAD RD HOMES FOR SALE

WAIANAE, HAWAII

BUILDING THE DREAM OF HOME OWNERSHIP

LUALUALEI 1Moekahi St/Lualualei Homestead Rd area median real estate price is $357,388, which is less expensive than 90.3 percent of Hawaii neighborhoods and 19.4 percent of all U.S. neighborhoods.

The average rental price in Moekahi St/Lualualei Homestead Rd area is currently $1,427 and rents here are currently lower in price than 62.8 percent of Hawaii neighborhoods. In Moekahi St/Lualualei Homestead Rd, the current vacancy rate is 2.7 percent, which is a lower rate of vacancies than 88.9 percent of all neighborhoods in the U.S. This means that the housing supply in Moekahi St/Lualualei Homestead Rd is very tight compared to the demand for property here.

 

Moekahi St/Lualualei Homestead Rd area is a suburban located in Waianae, Hawaii primarily made up of medium sized three or four bedroom to large four, five or more bedroom single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Moekahi St/Lualualei Homestead Rd 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.

Moekahi St/Lualualei Homestead Rd area is a neighborhood that is on the ocean with amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery.

American households most often have a car, and regularly they have two or three. But households in the Moekahi St/Lualualei Homestead Rd neighborhood buck this trend. Residents of this neighborhood must really love automobiles, as 36.7 percent of the households here have four, five, or more cars. That is more cars per household than in 95.0 percent of the neighborhoods in the nation.

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For many reasons, Moekahi St/Lualualei Homestead Rd area is an ideal neighborhood for first-time home buyers in the state of Hawaii. Homes here are priced below median housing values in the state. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for active retirees.

Your future neighbors in the Moekahi St/Lualualei Homestead Rd neighborhood of Waianae enjoy upper-middle class incomes and this neighborhood has a higher income than 84.4 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 Moekahi St/Lualualei Homestead Rd neighborhood, 27.6 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 26.3 percent of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants at 23.2 percent and 20.9 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 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 Moekahi St/Lualualei Homestead Rd neighborhood of Waianae, HI, residents most commonly identify their ethnicity or ancestry as Asian at 21.6 percent. There are also a number of people of Puerto Rican ancestry at 6.3 percent and residents who report Mexican roots at 2.1 percent. Some of the residents are also of Portuguese ancestry at 2.0 percent, along with some German ancestry residents at1.3 percent, among others.

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 Moekahi St/Lualualei Homestead Rd neighborhood is English, spoken by 80.4 percent of households. Other important languages spoken here include Japanese, which is spoken by 2.7 percent of households, followed by Tagalog, the first language of the Philippine region.

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MOEKAHI ST/LUALUALEI HOMESTEAD RD HOMES FOR SALE

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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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