Hawaii Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values, to community happenings. We care about the local community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Nov. 12, 2022

Mahalo to our Veterans



Today we take a moment to thank our nation’s veterans for their courage, their

commitment, and every single sacrifice they’ve made to keep our home safe and

sound. Honoring our veterans today and everyday. Mahalo for your service. 


Posted in Happy Holidays
Oct. 30, 2022

October 2022 Real Estate Update From Team Maxey

Market Movement Creates More Choices for Buyers

As expected, rising interest rates have softened the demand for housing, illustrated by a decrease in sales for both homes (-34%) and condos (-19%). However, sales prices continue to move up by close to 5% (4.8% - homes, 5.1% - condos). Additionally, it still took less than 3 weeks for properties to accept an offer on their home. 

A slowing market means that buyers will have more choices and more time to find the right home for them. Inventory of homes for sale increased by 43% last month as compared to the same time last year, while condos increased by 10.8%. Buyers should also be thrilled that, for the first time in years, the average buyer paid less than 100% of the list price for properties sold (99.2%). This may be a sign that buyers now have room to negotiate with sellers as the market shifts.

During a shift in the market, it is important that buyers and sellers stay in close communication with their trusted real estate advisors. Not all neighborhoods may be moving in the same direction or at the same pace. When you're ready to make your move, Team Maxey is here to assist you every step of the way. 

If you are interested in selling, having experienced realtors by your side is critical during this shifting market. Even though the overall housing market has softened, each neighborhood's market trends are unique in their own way. There are still fantastic opportunities for Hawai'i sellers! 

If you are interested in buying, we're here to guide you through the nuances of Hawai'i real estate. Our lifelong tenure within the local community means that we often hear of listings before they hit the market. Furthermore, we are often able to gather intel on properties that can assist with your negotiating power.

Whether you're interested in buying or selling, the Maxeys are your advocate and your team, here to advise and encourage you throughout your real estate journey. 

With change comes opportunity. Ask us about the opportunities in today’s market.

Read the full report from the Honolulu Board of REALTORS® here.

Sept. 26, 2022

One of Our Favorite "Hidden Gems"

One of Our Favorite "Hidden Gems" 

Set back from the hustle and bustle of Lanikai loop, on a quaint hillside with beautiful ocean and mountain views, sits one of our all-time favorite neighborhoods. 
Country Club Knoll is one of those “hidden gem” neighborhoods many only know from landmarks (“the houses above Lanikai/Ka'ohao Elementary School”), if they know about it at all! In fact, many longtime residents of Kailua are unaware of this niche neighborhood. 
We know and love this neighborhood because of our family roots tied to this area. Rick’s parents/Nani’s grandparents, Mahina and Homer, have resided in Country Club Knoll for over 20 years. And going back even further, Rick's grandparents were the original owners of our family home from 1965! 
Mahina’s brother, Jimmy Trask Jr., developed a number of properties in the neighborhood, including our longtime family home, which Mahina resides in to this day. 
The vantage point from Mahina’s deck is pictured in the top banner, with sweeping views of Mid-Pacific Country Club, Ka'iwa Ridge (the Lanikai Pillbox Trail), Olomana, and the majestic Ko'olau Mountain Range. We have had many family dinners on this outdoor deck throughout the years and the view never gets old!
Along with the ideal location and world-class views, Country Club Knoll has a wonderful ambiance with underground utilities, sidewalks, and many longtime owner-occupants. Needless to say, properties rarely come to market in Country Club Knoll---until this past Monday, when 163 Pauahilani Way became available for sale. This listing is directly next to Mahina’s home, in a peaceful cul-de-sac with incredible views throughout. 

Jimmy Trask Jr. was also the developer of 163 Pauahilani Way. It was a blast from the past walking through 163 Pauahilani Way and seeing the floor plan similarities to our family home right next door!

View the virtual tour of 163 Pauahilani Way below. As always, feel free to reach out to us with any questions and have a great weekend! Until next time, Happy Aloha Friday! 


163 Pauahilani Way, Kailua, Oahu 96734


  • 3 Bedrooms 
  • 3 Bathrooms 
  • Enclosed 2 car garage 
  • 12,799 sqft lot
  • 2,498 sqft interior
  • Country Club Knoll cul-de-sac location 


Click here for more details, as well as the option to set up your own private showing with Team Maxey.




Listing courtesy of
Carvill Sotheby's Intl. Realty 

Posted in Kailua Homes
Sept. 19, 2022

Tranquil Trade Winds on Kailua Beach


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Tranquil trade winds have been the theme of this week, making for brilliant sunrises and sunsets along Kailua and Lanikai Beach.

Oftentimes, this calm weather brings incredible clarity to the neighboring islands east of our shores. Most notably, Moloka'i and Lana'i, and on an extremely clear day, the summit of Haleakala on the island of Maui.

Once in a blue moon-- when the conditions line up just right--the summit of Mauna Loa on Hawaii Island (aka the Big Island) may be glimpsed, as well. 

Looking forward to continuing this beautiful weather into the weekend.
Aloha, until next week!





As lifelong 2nd and 3rd generation Lanikai residents with almost 30 years of combined real estate expertise, Rick and Nani are trusted advisors who truly know the local market. 

Whether buying or selling, you deserve a real estate team empowered to think beyond the next transaction – one who will consider your long-term goals. 

Team Maxey for maximum results.

Posted in Hawaii Lifestyle
Sept. 12, 2022

Windsurfing Days of Yesteryear

In between previewing properties last week, we found ourselves at Diamond Head Lookout checking out the surf. Amongst the sea of kite boarders was a lone windsurfer charging down the line. 

Windsurfng is a discipline of old, now replaced by kite boarders and foilers using various modern tech. It's not very common to see a windsurfer in the line up now, as it was in the 70's, 80's, and 90's. 

Back in the day, Diamond Head was one of Rick's favorite places to windsurf with his group of longtime friends, preferrably on an ultra-windy day coupled with big surf. Their other favorite spot was North Shore Mokuleia where the waves and the wind could always be counted on.

When the 90's came around, Rick shifted from big wave windsurfing to share his love for the sport with his daughters, Nani and Desi, in the calm waters of Lanikai.

A favorite pastime of Rick's was to pick Nani and Desi up from school and take them windsurfing through Lanikai into Kailua. 

A reporter eventually caught onto this routine, and asked if she could include us in the local newspaper. See below, along with a handful of other golden windsurfing memories of Rick's throughout the years. 


Circa 1976 -

Rick began windsurfing at 14 years old, back when the booms were made of heavy teak. 



Kaneohe Bay in the mid 80's. Great windsurfing with great friends!


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Posted in Hawaii Lifestyle
June 3, 2020

The 5 Biggest Mistakes to Avoid When Selling Your Home




Given the popularity of social media and online listing sites, home buyers and sellers now have more information (and more power) than ever before. This has led many homeowners to try their hand at selling without the help of a real estate agent.

Unfortunately, most sellers aren’t prepared for all this entails. Without the guidance of a professional, there are many things that can go wrong along the way—resulting in an underwhelming sale price or, worse, no sale at all.

This book outlines the top 5 mistakes made by homeowners during the selling process, followed by what you should do instead.

Mistake #1


Buying a home has long been viewed as a great investment. You purchase a home, take good care of it, and then eventually sell it for more than you paid for it.

Unfortunately, many homeowners neglect that crucial second step—allowing their homes to fall into a state of disrepair or, even worse, failing to make necessary renovations before they sell. 

When buyers find out that your home needs a ton of expensive renovations and upgrades, they’ll often walk away without making an offer. And, if they do make an offer, it likely won’t be as much money as you’re hoping for. 


Do the work now, so you won’t have to later.

If your home needs any updates or renovations, it’s often better to make the investment now. This will reduce the odds that a qualified buyer will walk away or make an insufficient offer.

• Make sure all lights and electrical outlets work.

• Consider updating older bathrooms or kitchens.

•  Address any major structural issues. (If you’re not sure about this, get your home inspected.)

While some of these projects might be more feasible than others, doing the extra work upfront will fetch you a higher selling price at the end of the day.

Mistake #2


When it comes to selling your home, never underestimate the power of a first impression. Buyers are typically viewing many different properties, and, considering how much money they’re about to spend, they’ll want to be sure they end up in the perfect place.

Sellers often have blind spots regarding how their homes come across to potential buyers. Sure, you might love that paint color, those throw pillows, or that giant art print hanging in your living room. But that doesn’t mean everyone shares your taste in décor. Because buyers are ultimately trying to picture themselves in your home, bold colors and brash accent pieces can do more harm than good—distracting them from the bigger picture and, ultimately, causing them to move on. 


Make your home feel more welcoming.

Here are a few things you can do to make your home appealing to just about anyone:

• Repaint walls in light, neutral tones.

• Remove some of your furniture to give the impression of space.

• Get rid of any evidence of pets during showings or open houses.

Your agent will also have some additional ideas for making your home look its very best for potential buyers.

Mistake #3


For buyers and sellers alike, the negotiation process can often be stressful. Buyers are looking to find something suitable within their budget, while sellers want to be sure they’re getting the best possible return on their investment. 

If you list your home for too much, it’s more likely to sit on the market for months without attracting any serious offers. When this happens, new buyers who come across your listing will question why no one else is interested. 

On the other hand, undervaluing your home amounts to practically throwing money away. What’s a seller to do?


Do what the market dictates.

Thanks to online listing sites, buyers are more educated than ever, and they’re not going to pay more than what they think your home is worth. 

• Find out how much similar homes in your area have sold for in recent months.

• Try to view your home from the buyer’s perspective.

• Be willing to move a little on the price, if necessary.

When you work with a knowledgeable agent, you’ll have the benefit of their expertise. Agents know what people are willing to pay for a home like yours, and they’ll be able to help you set a reasonable price that won’t scare away potential buyers. 

Mistake #4


When your home has been on the market for a while, it can be tempting to accept the first offer you’re given. Or, if you’re given multiple offers, you’ll probably be inclined to go with the highest one. While these decisions might seem sensible at first, either one can be a bad move. 

Just because someone has made an offer doesn’t mean you can’t get a better offer from another buyer. Similarly, accepting a higher bid isn’t always the best idea, because there are often conditions built into those offers—for example, the buyer might want help with closing costs, or they might insist on a certain upgrade being made. These conditions can often leave you worse off than you would’ve been accepting a “lower” bid from another buyer.


Seek the guidance of a qualified real estate agent.

When you’re not sure whether an offer is reasonable, you can always ask your agent. Agents can:

•  Provide a “big picture” overview of what an offer means for you (i.e., the actual profit you’ll make on the sale). 

•  Analyze the local market to determine whether you might be able to get a better deal from another buyer.

• Negotiate with the buyer’s agent on your behalf.

Remember: agents do this for a living, and it’s in their best interest to get you the best price possible for your home. 

Mistake #5


When you choose to work with an agent, you will be guided by a professional who has been through this situation before, and who will be able to offer valuable insight. In addition to all of the services mentioned above, an agent will market your home extensively and arrange showings so that you don’t have to. They’ll also serve as a liaison between you and the buyer’s agent.

An agent will be your advocate through every step of the selling process—eliminating headaches and providing a level of security that you simply won’t get on your own. They’ll help you by putting together all the necessary paperwork, which is something that can be particularly stressful for many sellers.

Of course, not all agents are created equal. Some don’t have a proven track record of selling homes. Others aren’t really responsive to questions or concerns their clients might have, and it’s a wonder how they get any business at all. 

Ultimately, you want to be sure you’re working with an agent who can not only can get the job done but who also will be 100 percent committed to making your life better. Anything less will leave you feeling bad about the whole experience and wondering where you went wrong.


Connect with an agent you can trust.

How do you know you’re working with the right agent? You can ask about other listings they’ve sold in your area, or even see whether they have any references. But, ultimately, you want to go with your instincts.

• Is this person giving you honest and valuable information right out of the gate? 

•  Will they work hard to make sure you get the best possible offer on  your home?

• Do you feel like you can trust them?

At the end of the day, you want to work with someone who makes you feel confident, and who clearly has your best interests at heart.


Hopefully, this guide has left you feeling more informed and more confident in your decision to sell your home. As with anything else that’s worth doing, this will take some effort. But it doesn’t have to be painful.

With the guidance of a knowledgeable real estate agent, you can rest assured that you’ll get attentive service, valuable expertise, and the best possible return on your investment.


Posted in
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

Get Local Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

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