HONOLULU – Since taking on the additional role of president of Coldwell Banker Residential Brokerage in the San Francisco Bay Area in March, Coldwell Banker Pacific Properties (CBP) President Mike James is better connecting the California and Hawaii regions of Coldwell Banker through marketing, technology, and management talent. Both companies are owned by NRT LLC.
Californians continue to show great interest in Hawaii real estate. According to data from Title Guaranty Escrow Services, Inc., in 2013 of the nearly $6.5 billion in real estate sales volume sold on Oahu, $326 million was from California buyers making them the largest group of buyers from the Mainland U.S. Trailing in second and third place were New Yorkers and Texans at $157 million and $145 million, respectively. Total sales volume for California buyers experienced a 29 percent increase compared to 2012’s $252 million.