Where’s the best place to buy Hawaii real estate and who’s the #1 realtor company?
This is an interesting question. Since Hawaii is made up eight main islands, real estate varies quite a bit depending on which island a person lives on. Since Oahu Island, City and County of Honolulu, is the island with the most people and state capitol, I will discuss it.
The city and county of Honolulu varies considerably with each neighborhood. If a buyer wishes to buy real estate in Waikiki, the buyer is usually buying a condo as the cost of is one of the highest in Waikiki. There are other areas of Honolulu where condos are prevalent, but much of Honolulu has single family homes. Buying in East Honolulu is quite expensive as this part of the island has some high real estate values. Kahala, which is known to be an expensive area, is in East Honolulu.
Because there is little area to build in East Honolulu, the price of real estate has gone up. More companies are building real estate in Kapolei, which is located further north and west of the city of Honolulu. Overall, the price of real estate in Honolulu continues to go up across the island.
With realtor companies, buyers tend to choose companies/independent realtors they are more comfortable with. Since real estate is a major industry on Honolulu, there are many realtors in Honolulu. I have heard Coldwell Bankers is one of the larger real estate firms in Honolulu. Also, Redfin is starting to expand into the area.