The Home Buyer's Korner

Information presented should be used for educational purposes only.

July 25th, 2015

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BUILDING THE DREAM OF HOME OWNERSHIP

S Beretania St/Punahou St Neighborhood

Ala Moana Area Homes for Sale

Honolulu, Hawaii

Punahou

Get Pre Approved for a Home Loan

S Beretania St/Punahou St area median real estate price is $455,807, which is less expensive than 74.5 percent of Hawaii neighborhoods and 11.8 percent of all U.S. neighborhoods.

The average rental price in S Beretania St/Punahou St area is currently $1,208 and rents here are currently lower in price than 78.5 percent of Hawaii neighborhoods. Home and apartment vacancy rates are 8.6 percent in S Beretania St/Punahou St. and lower than 53.8 percent of the neighborhoods in the nation, approximately near the middle range of vacancies.

S Beretania St/Punahou St area real estate is primarily made up of small studio to two bedroom to medium sized three or four bedroom condominium complexes, high-rises and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the S Beretania St/Punahou St neighborhood are established, but not old, having been built between 1970 and 1999, with a number of residences were also 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.

Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. The S Beretania St/Punahou St areas, bicycle commuters number at 6.2 percent of commuters that ride their bikes to and from work on a daily basis. This is a higher amount than we found in 98.4 percent of the neighborhoods in America.

Also, commuters here take the bus to work at 19.3 percent, which is greater than 96.7 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.

In the S Beretania St/Punahou St area, walking to work is a real option for many. In fact, walking to and from work is the chosen way to commute for 13.7 percent of residents here. This is a higher proportion of walking commuters than we found in 95.9 percent of American neighborhoods. Get ready to put on your walking shoes if you move here!

The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. This neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone at 50.9 percent and a higher percent living alone than we found in 97.3 percent of all U.S. neighborhoods.

If you like crowded places, then you will probably enjoy the S Beretania St/Punahou St area as this neighborhood is more densely populated than 96.0 percent of neighborhoods in the U.S., with 23,900 people per square mile living here.

In addition, the real estate in the S Beretania St/Punahou St area really stands out in the way it looks for unique reasons. This neighborhood has a higher proportion of condominium complexes and 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 multi-family buildings and complexes. In fact, 91.6 percent of the real estate here is classified as such, which is more than is found in 98.7 percent of American neighborhoods.

Furthermore, the S Beretania St/Punahou St area is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of single family home and condominiums sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 88.1 percent of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

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 S Beretania St/Punahou St neighborhood, 36.8 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 executive, management, and professional occupations, with 30.2 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 17.1 percent and 15.9 percent in manufacturing and laborer occupations.

Culture is the shared learning behavior of peoples. Undeniably, different ethnicity and ancestry have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicity or ancestry will express those cultures. In the S Beretania St/Punahou St area, residents most commonly identify their ethnicity or ancestry as Asian at 70.8 percent. There are also a number of people of German ancestry at 2.8 percent. In addition, 43.1 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 S Beretania St/Punahou St neighborhood is English, spoken by 48.6 percent of households. Other important languages spoken here include Japanese spoken by 10.3 percent of households, followed by Korean, Chinese, and Vietnamese.

S Beretania St/Punahou St Neighborhood

Ala Moana Area Homes for Sale

Livingston-Homes-for-Sale

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 a 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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