As a broker with Kaua’i’s premier real estate company, Neal Norman has continually been one of Kaua’i’s top producers and most requested agents for more than 20 years. Neal’s unparalleled knowledge of Kaua’i’s properties and land combined with his hard work and determination have earned him and his company the top position in Kaua’i’s growing real estate market. Haute Residence caught up with the top agent for an expert opinion on the Hawaii luxury real estate market and what homebuyers are looking for when relocation to Hawaii.
What are the current real estate market trends and conditions in Hawaii?
Great organic modern and contemporary architecture, owners are seeking out world-class architects, warner walker, Marmol Radziner, Thomas Kundig and Ando to name a few.
What are the top 3 things luxury homebuyers look for?
Great location, great finishes, great functional and beautiful design, turn-key is always great.
Where do you foresee the luxury real estate market heading in the new year?
Smart buyers will always choose Hawaii for its climate, beauty and save investment. smaller homes are well received, great amenities as well.
Is there a push for vertical living in Hawaii or is it still horizontal based?
Both but for different buyers and their needs.
What do you recommend to homebuyers looking to invest in Hawaii as we head into 2019?
We may see a softening in pricing but the triple AAA properties will always appreciate, it’s a supply and demand thing and there is only so much great stuff.