Oahu Covid-19 Real Estate News

UPDATED | August 18, 2020: 

In May, Hawaii’s Governor David Ige unveiled a four-phase plan for reopening Hawaii’s economy. At that time, Hawaii was enjoying one of the lowest rates of infection in the nation. However, the previously well-controlled virus has recently seen spikes in new cases since the state began reopening in late May. Oahu, in particular, has seen a recent spike in coronavirus cases.

For Hawaii visitors, it’s important to know that a mandatory quarantine for all trans-Pacific travelers (to all islands) remains in place and has been extended until September 1, 2020. Beginning Sept. 1, 2020, all trans-Pacific travelers arriving in Hawaii from out-of-state will have the option to get a valid COVID-19 test prior to their arrival and show proof of a negative test result, to avoid the 14-day quarantine.

Please visit the State of Hawaii’s Department of Health website for the latest Hawaii travel information and for the most current travel advisories. Please visit Governor David Ige’s website for the most up-to-date emergency proclamation.

Park Lane’s Continued Popularity – Even During A Pandemic

Luxury condos in Honolulu continue to sell even during a pandemic, but Park Lane’s allure continues to entice buyers at home and abroad more than any other luxury condominium in Honolulu. Oahu’s Noel Shaw recently reported on the new-to-market third-floor bungalow currently listed at $8.8 million. One of nine residences with private entrances, Park Lane’s bungalows are considered “the coveted gems of the development” since it began selling, according to Noel Shaw.

Bungalow Residence, #8305 is a turn-key, fully-furnished 3-bedroom island home that spans more than 3,300 square feet and features a lush private yard, pool, spa and connected 2-car garage. A custom kitchen, luxury finishes, and a unique U-shaped designed envelopes a private swimming pool and covered lanai for a truly special indoor-outdoor living experience in the heart of Honolulu.

Military Moves & VA Buyers

On June 11, 2020, the U.S. Department of Defense lifted travel restrictions to Hawaii for military personnel and their families, who can now resume such travel. One of many “green locations” on a list released on June 8, Hawaii joins 37 states and the District of Columbia to “meet the conditions to lift travel restrictions, subject to the assessment of conditions at individual military installations within these areas,” the defense department said.

PCS moves officially resume on July 1, 2020. Hawaii News Now reported on June 11, 2020, that our state had already seen an uptick in arrivals of military personnel. “There were 1,125 military personnel arrivals in Hawaii during the first week of June. Another 1,191 traveled to the state in the last two weeks of May,” according to the report, which noted that the transition of service members to Hawaii is normally much greater during spring and summer.

If you’re an active-duty family PCSing to Oahu this summer, you can lean on the expertise of our Military Specialized Team (MST) to help you navigate the path to buying versus renting a home in Hawaii. Our team is made up of former active-duty service members, their families, and those who have been serving the military community for years.

Cathy Possedi is a real estate professional who was born and raised on Oahu. She is also a military spouse and a MST specialist serving military families on Oahu. She recently reported  on the health of the Oahu real estate market in 2020 PCS Moving Season Extended, noting that PCS season will last until mid-November this year.

Combining her love of baking with her passion for serving military families, our Military Specialized team member Monica Schaefer baked these cookies for one of her clients when they closed on their new Oahu home.

Defining Home During Covid-19

As we move through these strange times together, it’s become clear to every person on the planet that our home means so much more to us than a roof and four walls. Though the tangible aspects we’ve been surrounded by are significant and can make or break a person’s ‘stay-at-home’ experience, Oahu Broker-in-Charge Cherie Tsukamoto explores the meaning of home in her recent article Defining Home During Covid-19.

In it, she writes, “More than ever, the comfort of home has proved invaluable. And by comfort, I just don’t mean physical comfort. I mean intangible comfort that is derived from the sense of peace, love and joy that my simple, but very significant, home offers. In a time of crazy, it offers something hard to describe, but deeply needed right now.”

If you’re in a cramped space that fit your needs before the coronavirus, you may now be rethinking your needs and longing for a yard or spacious lanai to enjoy Hawaii’s beautiful summer weather. If you’ve discovered the joys (and the ability) to work from home, and expect that to continue, you may be suddenly set free to choose a place on the North Shore or another island, now that you can work remotely. No matter your circumstance, we are here to help you redefine what home means for you.

A nearly deserted Waikiki Beach seen from above.

You can stay updated on the very latest Hawaii real estate news and follow the Oahu real estate market at our blog.

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