The Home Buyer's Korner

Information presented should be used for educational purposes only.

July 29th, 2015

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Kalihi St/Ohu St Neighborhood

Kalihi Area Homes for Sale

Honolulu, Hawaii

Ohu StKalihi St/Ohu St area median real estate price is $582,133, which is more expensive than 49.0 percent of the neighborhoods in Hawaii and 93.1 percent of the neighborhoods in the U.S.

The average rental price in Kalihi St/Ohu St is currently $1,440, and rents here are currently lower in price than 61.4 percent of Hawaii neighborhoods. Real estate vacancies in Kalihi St/Ohu St area area 6.8 percent, which is lower than one will find in 64.5 percent of American neighborhoods. Demand for real estate in Kalihi St/Ohu St is above average for the U.S., and signals demand for either price increases or new construction of affordable homes for this neighborhood.

Kalihi St / Ohu St real estate is 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 occupied by a mixture of owners and renters. Many of the residences in the Kalihi St/Ohu St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways.

The neighbors in the Kalihi St/Ohu St neighborhood are well-to-do, making it among the 15 percent highest income neighborhoods in America and this neighborhood has a higher income than 89.1 percent of the neighborhoods in America.

In the Kalihi St / Ohu St neighborhood, 45.1 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 22.7 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at17.3 percent and 14.2 percent in manufacturing and laborer 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 Kalihi St/Ohu St neighborhood in Honolulu, HI, residents most commonly identify their ethnicity or ancestry as Asian at 60.7 percent. There are also a number of people of Mexican ancestry at 3.5 percent and residents who report Scottish roots at 3.3 percent. Some of the residents are also of Puerto Rican ancestry at 2.9 percent, along with some Portuguese ancestry residents at 1.8 percent, among others. In addition, 35.2 percent of the residents of this neighborhood were born in another country.

The most common language spoken in the Kalihi St/Ohu St neighborhood is English, spoken by 53.5 percent of households. Some people also speak Tagalog,the first language of the Philippine region and spoken by 20.9 percent of households.

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KALIHI ST/OHU ST NEIGHBORHOOD HOMES FOR SALE LISTINGS

KALIHI AREA HONOLULU HOMES FOR SALE

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HOME OWNERSHIP TOOLS

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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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