Stabilizing Neighbor Islands Will Help Honolulu Real Estate

November 19th, 2009 categories: For Buyers, For Sellers

The Maui News reported that their tourism market would stabilize in 2010. As I have said in the past, it is my perception that the neighbor island real estate and tourism markets have been hit much harder than Oahu’s. However, the outer islands drive much of the perception of Hawaii on a national and international basis, so as they improve I believe that Honolulu’s economy and real estate market will improve too.

“The current downturn in the visitor industry will end and 2010 will be a stabilizing year, members of the Maui Chamber of Commerce were told Monday morning. Speakers predicted a full-scale recovery should be in progress by 2011.”

CLICK HERE TO READ THE MAUI NEWS ARTICLE

Here’s to an unpredicted uptrend in home and condominium sales after the first of the year!

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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 Thursday, November 19th, 2009 at 12:00 pm and is filed under For Buyers, For Sellers. 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.