21st Century West Oahu

Dated: 08/19/2016

Views: 88

In the late 20th century, a few developers and community leaders keying on the loss of sugar cane market in Hawaii, surveyed and re-zoned land in Oahu's "country" side  and - dug in, literally!  Gentry Homes expanded their zero-lot-line theme, Schuler Homes, D.R. Horton, and eventually Japenese bred Haseko Homes, all plotted for the expansion of residential West Oahu and the Second City with other developers coming in to share the wealth from Mililani to Nanakuli.  Yet, there is still a vast amount of agricultural landscape to comfort the senses.

Fast forward to 2016 and many of the plans have ripened to a thriving, bustling landscape of new construction, commerce and resort living with a Disney-themed timeshare resort that is practically at 100% occupancy throughout the year.  Gentry, D.R. Horton, and Haseko Homes are still building out their high density tracs of single family homes and condominiums.  Pay attention, new openings coming soon.  There are restaurants opening from familiar chains to some mom-and-pop style.  Grocery chains have kept food on the tables and retail is about to bust loose with a grand new mall - KamaKanaAlii.  New schools have opened with laud in both public and private domain.

The  west side housing market has made for good investment for paradise dwellers in all demographics from local indigenous, to military transients, to foreign investment.   Most properties are fee simple. Sleepy Ewa Beach that started with mostly retirees living oceanside of the cane fields is unrecognizable to the earliest west-side settlers.  The older home market benefitting from fast paced new construction boom, has gone all-in with upgrades and modernization.  The worst you will hear about the improvements is the common complaint of traffic.  As a Real Estate Agent,  I travel the island daily and my reply to this complaint is - it's EVERYWHERE.  However, solutions are part of the new West Oahu with roads that can be redesigned and eventually - light rail.  There are more  parks and golf courses than were ever imagined in the rest of Oahu planning.  And, you just get more bang for your investment buck while Hawaii continues to enjoy an ever increasing real estate market.  A market that is not so drastically increasing so as to keep middle and low income earners out; or to be deemed a bubble.  So, if you're staying away from a visit to West Oahu in your real estate investment search - no need!  Don't listen to the bad traffic rumors.  Come experience life out West.

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