Yahoo! Honolulu Real Estate Market Is Smoking!
February 3rd, 2010 categories: Rants & Riffs, The Market
The Honolulu Advertiser and Pacific Business News are both reporting really good news.
“O’ahu’s housing market started the year on a positive note, as the median price of previously owned single-family homes sold in January jumped 10.8 percent to $597,500 from $539,500 a year earlier.” CLICK HERE TO READ THE HONOLULU ADVERTISER ARTICLE
“January’s sales numbers for both single-family homes and condominiums are very encouraging for the Oahu real estate market,” said board President Brian Benton. “Competitive pricing, current inventory levels, and the extension of the federal tax credit seem to be turning house hunters into first-time home buyers.” CLICK HERE TO READ THE PACIFIC BUSINESS NEWS ARTICLE
Here are a few questions. How long will the Honolulu real estate market remain strong? Why isn’t it stronger? Could buyers be missing the boat on low prices? Think about it.
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.
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