The Home Buyer's Korner

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July 16th, 2015

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Kamehameha Heights/Alewa Heights , Hawaii

Alewa HeightsKamehameha Heights/Alewa Heights median real estate price is $737,513, which is more expensive than 72.1 percent of the neighborhoods in Hawaii and 96.2 percent of the neighborhoods in the U.S. The average rental price in Kamehameha Heights/Alewa Heights is currently $1,311. Rents here are currently lower in price than 73.7 percent of Hawaii neighborhoods.

Kamehameha Heights/Alewa Heights real estate is primarily made up of medium sized three or four bedroom to small studio and two 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 Kamehameha Heights/Alewa Heights neighborhood are older, well-established, built between 1940 and 1969, but a number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 9.6 percent in Kamehameha Heights/Alewa Heights with a rate lower than 48.4 percent of the neighborhoods in the nation and near the middle range for vacancies.

Your future neighbors in Kamehameha Heights/Alewa Heights have upper-middle incomes, higher than 81.1 percent of the neighborhoods in America.

In Kamehameha Heights/Alewa 30.0 percent of the working population is employed in manufacturing and laborer 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 25.5 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 22.1 percent and 21.6 percent in executive, management, and professional occupations.

The residents of Kamehameha Heights/Alewa Heights commonly identify their ethnicity or ancestry as Asian at 53.0 percent. There are also a number of people of Portuguese ancestry at 4.6 percent, and residents who report Puerto Rican roots come in at 3.8 percent. Some of the residents are also of Mexican ancestry at 1.9 percent, along with some Spanish ancestry residents at 1.5 percent, among others. Additionally, 24.3 percent of the residents of this neighborhood were born in another country.

The languages spoken by people in Kamehameha Height/Alewa Heights 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 Kamehameha Heights/Alewa Heights neighborhood is English, spoken by 59.3 percent of households. Other important languages spoken here include Tagalog, the first language of the Philippine region, Vietnamese, Japanese and Chinese.

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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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