The Home Buyer's Korner

Information presented should be used for educational purposes only.

July 27th, 2015

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N Nimitz Hwy/Smith St Area

Honolulu, Hawaii

NinizeN Nimitz Hwy/Smith St area real estate is primarily composed of condominiums, high rise apartments and renters and no median house value data are available. The average rental price in N Nimitz Hwy/Smith St is currently $737, with rents here are currently lower in price than 98.4 percent of Hawaii neighborhoods.

N Nimitz Hwy/Smith St real estate is primarily made up of small studio to two bedroom to medium sized three or four bedroom condominiums, apartment complexes, high-rises and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the N Nimitz Hwy/Smith St neighborhood are established but not old, having been built between 1970 and 1999 with a number of residences built between 1940 and 1969.

Home and apartment vacancy rates are 9.5 percent in N Nimitz Hwy/Smith St. area and lower than 49.0 percent of the neighborhoods in the nation, which is  near the middle range for vacancies.

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood has some outstanding things about the way it looks and its way of life that are worth highlighting.

The N Nimitz Hwy/Smith St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 50,006 persons per square mile in the neighborhood, it is more packed with people than 98.6 percent of the nation’s neighborhoods.

Do you like a coastal setting? If so, this neighborhood may be to your liking. The N Nimitz Hwy/Smith St neighborhood is on the ocean with amenities and recreational activities on the waterfront that are attractive to residents and visitors alike.

In addition, one of the really unique and interesting things about the look and setting of the N Nimitz Hwy/Smith St neighborhood is that it is almost entirely dominated by condominiums and large apartment buildings, with 97.1 percent of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 99.6 percent of all neighborhoods in America.

Furthermore, 100.0% of the real estate in the N Nimitz Hwy/Smith St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Also of note, the N Nimitz Hwy/Smith St neighborhood 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 home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 92.0 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.

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the N Nimitz Hwy/Smith St neighborhood, they truly stand out and analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.9 percent of all American neighborhoods.

This neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the N Nimitz Hwy/Smith St area has a greater percentage of residents born in another country at 53.8 percent than are found in 98.5 percent of all U.S. neighborhoods.

Research revealed that more commuters here take the bus to work at 24.3 percent and greater than 98.1 percent of all American neighborhoods. Also, more people in N Nimitz Hwy/Smith St area choose to walk to work each day at 23.5 percent than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. Households in the N Nimitz Hwy/Smith St area have a highly unusual car ownership profile, with 31.6% of the households not owning a car at all. This is more carless households than found in 97.0% of U.S. neighborhoods.

One of the most interesting things about the N Nimitz Hwy/Smith St neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 46.9 percent of the households here made up of people living alone, it’s a larger proportion of people living alone than in 95.4 percent of the neighborhoods in America.

In the N Nimitz Hwy/Smith St neighborhood, 51.1 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 19.3 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 17.9 percent and 11.6 percent in manufacturing and laborer 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 ethnicity or ancestry will express those cultures.

In the N Nimitz Hwy/Smith St area, residents most commonly identify their ethnicity or ancestry as Asian at 77.0 percent. There are also a number of people of Puerto Rican ancestry at 1.7 percent. In addition, 53.8 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 N Nimitz Hwy/Smith St neighborhood is Chinese, spoken by 44.8 percent of households. Other important languages spoken here include English, Vietnamese and Tagalog which is the first language of the Philippine region.

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N Nimitz Hwy/Smith St Area Homes for Sale Listings

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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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