Bizwala september Newsletter

i Bizwala september Newsletter

Dude… Another Big Hurricane!!

Hurricane Lowell skirted Kauaʻi, bringing destructive Category 2-equivalent winds, severe rainfall, and massive storm surge that left widespread damage across the island. Hardest hit was the South Shore around Poʻipū, where giant waves buckled roads, swept beachfront structures off their foundations, and flooded oceanfront resorts. The storm knocked out power to over 90% of the island, ripped away sections of the Waimea Pier, damaged the Port Allen harbor, and caused a 20,000-gallon wastewater spill. With dozens of homes destroyed or heavily damaged and one storm surge-related fatality confirmed on the island, local officials were left dealing with the worst hurricane impacts Kauaʻi had seen since Hurricane Iniki in 1992.

12-7043 KAIHIAKU ST, PAHOA, HI 96778
4 bedrooms - 2 full/2 half bathrooms
$349,000

Rare Puna opportunity - Bring your vision and finish it your way!

45-3336 OHAI ST, HONOKAA, HI 96727
3 bedrooms - 1.5 bathrooms
$425,000

Centrally located in Honokaa and walking distance to Honokaa High & Elementary, Honokaa Town, medical centers, parks and more.

11-2510 KALEPONI DR, VOLCANO, HI 96785
2 bedrooms - 1 bathroom
$280,000

An exceptional opportunity, this property offers a blend of modern comfort meets country privacy

15-281 KAHAKAI BLVD, PAHOA, HI 96778
12,040 Sqft
$50,000

A complicated formula results in a price-setting benchmark that’s higher than if it measured only income.

Hawaii construction industry pushes constitutional amendment to lower housing costs

HONOLULU (HawaiiNewsNow) - Hawaii’s construction industry is pushing for a constitutional amendment that would make it easier and less expensive to build housing, but supporters are concerned the issue might be confusing to voters.

Kauai 'in dire straits' after Hurricane Lowell

Hurricane Lowell brought damaging winds, heavy rain and high surf as it passed west of the Hawaiian islands of Kauai and Niihau early Tuesday.

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Kauaʻi continues to make strong progress following Hurricane Lowell, with communities working tirelessly to clear roads, restore power and reopen access as conditions safely allow. The island is undergoing a significant recovery undertaking, and it is truly remarkable how state and county agencies, the Hawaiʻi National Guard, multiple branches of the military, nonprofit organizations and community partners come together in support of Kauaʻi. Equally extraordinary is the collaboration between Kauaʻi Island Utility Cooperative, Hawaiian Electric and Southern California Edison, who collectively helped restore power from more than 90% of the island being without electricity immediately after the storm to more than 80% restored just one week later.

Did that mention of mortgage insurance freak you out? Don’t let it! Mortgage insurance is extremely common for first-time buyers, and it’s often the fastest way to achieve homeownership and start building equity today, rather than waiting until you’ve saved up 20% — an unrealistic feat for many buyers. Plus, it only costs between 0.5% and 1% of your loan amount, annually. For the majority of homeowners, this amounts to no more than a couple hundred dollars a month. And with most loans, you can drop mortgage insurance when you reach 20% equity.

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