Hawaiian Airlines

Hawaii’s last standing nation wide airline is Hawaiian Airlines

State made 2 offers to purchase Turtle Bay

Source:  Pacific Business News
It was revealed that the State of Hawaii made two offers to purchasse the Turtle Bay resort, but both offers were rejected.
An Aug. 10 offer to brokers representing Oaktree Capital Management, the resort’s owner, was rejected, and a Nov. 25 offer expired last month without a response, the governor’s office [...]

NAR: Economic slump weakens pending home sales

After holding fairly stable for a year, pending home sales declined in the face of job losses and an eroding economy, according to the National Association of Realtors®.
The Pending Home Sales Index,* a forward-looking indicator based on contracts signed in November, fell 4.0 percent to 82.3 from a downwardly revised reading of 85.7 in October, [...]

Honolulu office market remains stable

Source:  Pacific Business News
It is fortunate that Hawaii has so far escaped the mainland woes over commercial real estate.  The change from 2007 is rather moderate.  Furthermore we even saw a slight increase in the average asking rents to $3 per square foot.
There was 17,018 square feet of negative absorption and the vacancy rate for [...]

Oahu Median Home Prices remain steady in 2008

Oahu’s median home price remained fairly stable in 2008 according to resales statistics released today by the Honolulu Board of REALTORS®. According to the analysis conducted by the Board, using data collected from its computerized Multiple Listing Service (MLS) system, the statistics are:

December 2008 Residential Resales Statistics [...]