Housing Start News Good For Honolulu Real Estate

August 19th, 2009 categories: The Market

A post Calculated Risk” has a really good view of housing starts and their meaning to a bottoming market.

“I started this year looking for the bottom in single family housing starts (and I think the bottom is in), but I expect the recovery to be sluggish because of all the excess housing units, and also because of the ongoing decline in the homeownership rate.”
CLICK HERE TO READ THE ARTICLE

If we are at a bottom, it may be a good time to buy and we should see things improving for Honolulu sellers of real estate.

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If you would like to discuss your real estate needs, feel free to call me at 808-737-2093 or toll free at 877-737-2093. You can email me at keahi@lava.net.

This entry was posted on Wednesday, August 19th, 2009 at 10:21 am and is filed under The Market. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.