About
Hawaii
Hawaii has two seasons only: summer and winter.
Summer is from May to October and winter is from November
to April. Hurricane season is during the summer, although Hawaii
traditionally has many fewer Hurricane incidents than Florida.
Whale season is during the winter when the Humpback whales migrate
from Alaska to vacation in Hawaiian waters.
Winter is the rainy season and we definitely do get more rain in the winter than
in the summer. However, most tourist areas are centered on leeward or south sides
of the islands where they just don't get my rain ever. For example, Hilo (on
the windward side of the Big Island) can get 120 inches of rain a year, while
Puako (on the leeward side of the Big Island) gets only about 7 inches of rain
a year. The rain clouds are blown in over Hilo, dump some rain, and then get
trapped on the Hilo side of the mountains so the rest of the island gets nothing.
The biggest got vacation spot in that is in a rainbelt is Princeville on Kauai.
It does rain the most at night but, especially if you go in the winter, you will
see rain during the day there.
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Prior to the origin of Hawaii's land system in the 1840's, the kings were the
sovereign owners of all the islands. The picture above is of Iolani Palace, the
only Royal Palace in America. The original unit of land, the "ahupuaa," usually
extended from the shore to the mountain top, with rights in the adjoining sea
waters, providing occupants with the means of supplying all their wants. The
sea for fish, the inland for coconuts, the valley for taro, the lower slopes
for sweet potatoes, yams, etc. and the mountains for wood and hunting.
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Geography
Today Hawaii consists of 124 islands situated in the Pacific Ocean. Of
these, the eight major comprise a land area of approximately 6,470
square miles broken down as follows: Hawaii, 4,035 sq. mi.; Maui, 734
sq. mi.; Oahu, 617 sq. mi.; Kauai, 558 sq. mi.; Molokai, 263 sq. mi.;
Lanai, 141 sq. mi.; Niihau, 71 sq. mi.; and Kahoolawe, 45 sq. mi. It
is interesting to note that of this land, the State, County and Federal
governments are the largest landowners, controlling approximately 39%
of the total area. An additional 24% is owned by less than 6 individuals,
corporations and trusts, many of which are descended from early missionaries
and traders. As can be readily seen, this leaves approximately 37%
for all other private individual landowners.
Hawaii Business Speculation Index
The Hawaii Business Speculation Index was constructed to measure the
degree of speculator/investor participation in the state’s real estate
market. Since the primary focus of real estate speculation/investment
is the resort condominium market, an index was constructed to measure
what percentage these sales were of total island wide condominium sales.
By inference, when resort sales comprise a high percentage of total sales,
then the speculator/ investor is making his presence felt in the market.
When resort sales comprise a low percentage of total sales, then the
market is primarily being impacted by the end-user owner/occupant. |
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Island
of Oahu real estate
The picture above is of the Legislature Building, and Kamehameha statue.
Originaly built as the King's Royal Palace by my great great grand father
Robert Lishman, but taken over by the legislature. The island of Oahu is
comprised of 386,188 acres, of which there are 92,583 acres estimated to
be in urban districts, 154,882 in conservation, and 138,723 for agricultural
use. The island contains the City and County of Honolulu, the smallest
of the four counties in size, but the one which has nearly 3/4 of the State's
population (836,207) and serves as the seat of the State government. Oahu
is also home to the 40,000-student flagship University of Hawaii system
and the state's banking and financial headquarters.
We like to extend a special thanks to Mr. John Reilly, Attorney with Pitluck
Kido Sato & Stone and Trade Publishing Company, Ltd. for most of the
above information.
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Honolulu, the capital city of the Hawaiian Islands is on the island of Oahu.
This major city is the hub of the Pacific, linking Asia to the Mainland United
States, Canada and beyond. The city and county of Honolulu with 874,300 residents
is home to almost 75% of the State's permanent population. The local residents
take great pride in their "Aloha Spirit" and make visitors feel welcome.
The State of Hawaii is famous for its beautiful beaches and is now booming
in the film industry. Known as the "Melting Pot of the Pacific",
Hawaii blends different ethnic groups and cultures from many lands into a culture
of its own.
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