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NEWS2024 05

May 31, 2024

National Moving Trends Show Shift Away from West Coast

Diamond Head Honolulu Gold Coast

Are you noticing a shift in your local housing market? According to a recent article on moving trends, many areas of the United States are experiencing a demographic change. People are moving away from expensive coastal cities and towards more affordable locations with a higher quality of life. The Carolinas and the Southern Appalachian region are experiencing a surge in new residents, drawn by factors like beautiful natural scenery and a slower pace of life.

Here’s a breakdown of the Top 10 “moving to” and “moving from” cities according to the article:

Moving From Moving To
Los Angeles, CA Myrtle Beach, SC/Wilmington, NC
San Francisco, CA Ocala, FL
Miami, FL Houston, TX
Long Island, NY Greenville-Spartanburg, SC
Austin, TX Charlotte, NC
Central Jersey, NJ Raleigh, NC
Chicago, IL Phoenix, AZ
San Diego, CA Knoxville, TN
Stockton-Modesto, CA Jacksonville, FL
Hudson Valley, NY Asheville, NC

Source: Pods.com

Hawaii, however, remains a leader in offering the idyllic lifestyle many are seeking. With stunning beaches, lush forests, and majestic mountains, Hawaii provides an unparalleled connection to nature. Our islands consistently rank high in terms of happiness and well-being, offering a unique and desirable quality of life.

If you’re looking for an escape from the hustle and bustle of the mainland lifestyle, Hawaii may be the perfect place for you. Contact us today to learn more about relocating to Hawaii and finding your dream property. We can help you achieve your real estate goals and enjoy the serenity of paradise.

(808) 596-8801 | info@sachihawaii.com

May 31, 2024

New Legislation Aims to Ease Condominium Maintenance & Energy Costs

Hawaii condominium owners and associations have reason to celebrate. A recent suite of legislation signed by Governor Green promises to streamline building improvements, enhance access to sustainable energy solutions, and potentially reduce overall utility costs.

Key Provisions for a Brighter Future:

• Enhanced Financing Options: Previously, securing financing for essential condo improvements like plumbing upgrades and fire sprinkler installations could be a complex and costly undertaking. This new legislation streamlines the process, allowing associations to access financing more readily, ensuring timely upkeep and improved building safety.

• Solar Energy Inclusivity: The expansion of the Solar Hui program is a significant step forward for residents in condo buildings without direct roof access. By enabling participation in a collective fund for solar panel installations, this initiative empowers a wider range of condo owners to embrace renewable energy and reduce their environmental footprint.

• Strategic Bundling: A collaborative effort between the state and city government seeks to explore bundling water conservation and energy efficiency measures with necessary projects like fire sprinkler installation or re-piping. This innovative approach has the potential to significantly lower overall utility bills for condo residents, offsetting the costs associated with these essential upgrades.

Benefits Beyond Maintenance:

These legislative measures offer a multi-pronged approach to improving the lives of Hawaii condo owners. By facilitating critical maintenance, promoting sustainable energy options, and potentially lowering utility burdens, the legislation fosters a more secure, cost-effective, and environmentally friendly condo living experience.

May 30, 2024

Honolulu Earns Top Recognition as World’s Safest City for Visitors

Duke Kahanamoku Statue

Honolulu has achieved a significant milestone: it has been named the safest city to visit in the world for 2024 by Berkshire Hathaway Travel Protection. This accomplishment marks a substantial leap from its 12th place ranking in 2023 and underscores Honolulu’s unwavering commitment to ensuring the safety and well-being of both residents and visitors. The city’s performance in the safety rankings encompassed a diverse range of categories, securing the top position for overall safety, health measures, safety for women, LGBTQ+, and BIPOC travelers, and safety from violent crime.

This prestigious recognition is a testament to the collaborative efforts of various stakeholders, including the Hawaii Tourism Authority, the Honolulu Police Department, and various partners within the visitor industry. Their unwavering dedication to fostering a safe and secure environment has undoubtedly played a pivotal role in attracting and retaining visitors to the beautiful Hawaiian Islands.

A recent visitor survey conducted by the Department of Business, Economic Development and Tourism revealed that over 90% of visitors rated the Hawaiian Islands as “excellent” or “above average” for safety and security. This high level of visitor satisfaction underscores the effectiveness of the implemented safety measures.

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