The Home Buyer's Korner

Information presented should be used for educational purposes only.

August 20th, 2015

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Kahuailani St/Nalii St Neighborhood

Waipahu, Hawaii

Kahuailani StKahuailani St/Nalii St area median real estate price is $484,517, which is less expensive than 69.7 percent of Hawaii neighborhoods and 10.3 percent of all U.S. neighborhoods.

The average rental price in Kahuailani St/Nalii St is currently $878 and rents here are currently lower in price than 95.5 percent of Hawaii neighborhoods.

In Kahuailani St/Nalii St, the current vacancy rate is 4.3 percent, which is a lower rate of vacancies than 80.4 percent of all neighborhoods in the U.S. This means that the housing supply in Kahuailani St/Nalii St is very tight compared to the demand.

Kahuailani St/Nalii St is a densely urban neighborhood located in Waipahu, 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 occupied by a mixture of owners and renters. Many of the residences in the Kahuailani St/Nalii St neighborhood are older, well-established, built between 1940 and 1969, with a number of residences built between 1970 and 1999.

For many reasons, Kahuailani St/Nalii St 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. 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.

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.

More people ride the bus in this neighborhood each day to get to work than 97.8 percent of U.S. neighborhoods. Also, in the Kahuailani St/Nalii St neighborhood, carpooling is still a popular way to get to and from work, with 20.5 percent of commuters carpooling here, which is more than in 95.0 percent of all U.S. neighborhoods.

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Kahuailani St/Nalii St neighborhood, they truly stand out. This neighborhood has having a higher percentage of sales and service workers than 96.3 percent of all American neighborhoods.

In the Kahuailani St/Nalii St neighborhood, 43.7 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 19.6 percent of the residents employed. Other residents here are employed in manufacturing and laborer occupations at18.7 percent and 18.0 percent in clerical, assistant, and tech support occupations.

Culture is the shared/learned 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 ethnicities or ancestries will express those cultures.

In the Kahuailani St/Nalii St neighborhood in Waipahu, Hawaii, residents most commonly identify their ethnicity or ancestry as Asian at 69.0 percent. There are also a number of people of Mexican ancestry at 3.9 percent and residents who report Puerto Rican roots at 3.4 percent. In addition, 38.9 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 Kahuailani St/Nalii St neighborhood is English, spoken by 52.6 percent of households. Other important languages here include Tagalog, the first language of the Philippine region spoken by 14.7 percent of households, followed by Japanese and Spanish.

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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

Great for Real Estate Investors and Second Home Renovations

Mortgage Loan Officers, Real Estate Agents & General Contractors

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Up to $10K for Home Improvements, Renovations or a Simple Remodel

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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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