Ige outlines reopening/recovery plan, extends 14-day quarantine for travelers By Special to West Hawaii Today | Monday, May 18, 2020, 4:05 p.m. | Link to article Gov. David Ige on Monday signed the 8th supplemental emergency proclamation, extending the 14-day quarantine for travelers arriving in the State of Hawaii, as well as for inter-island travelers through June 30. The governor also extended through June 30 the eviction moratorium that prevents evictions from residential dwellings for failure to pay rent. In addition, Ige unveiled the reopening and recovery plan for the State of Hawaii — a strategy that conveys the coordinated, statewide approach to jumpstarting the economy and recovery from the COVID-19 crisis. According to the plan – the state will start to gradually reopen medium-risk businesses and operations beginning in June – assuming the state’s COVID-19 activity remains manageable. The reopening of high-risk businesses and operations will eventually follow, as long as Hawaii’s disease activity cont...

Filed under: Hawaii Life by Rick Oliver
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I thought it would be helpful to write a blog post on my observations during the beginning of the Virus outbreak and its current effect on resort sales and listings. I've included slides from a webinar I watched from CORELOGIC, Strategic Agility in Uncertain Times: Real Estate & Rental. CORELOGIC has a world-class economic forecasting team with commentary on various slides presented. CORELOGIC has access to most MLS systems within the US and Canada, where they can peer into real-time happenings in many markets, including our own in Hawaii, which is insightful. Here is a link to the Webinar: https://corelogic.zoom.us/webinar/register/2015873986761/WN_XWB88BbURteTZt7j3E5NWQ My own experiences have been positive regarding listing and selling real estate so far. I have a Canadian buyer client that negotiated a contract during the last few weeks of February to purchase a Mauna Lani condominium. As the news got worse regarding travel bans from China and Europe, the contract negotiations became easier until we were able to agree. ...

Filed under: Real Estate by Rick Oliver
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