Good Signs From The California Market

February 17th, 2010 categories: The Market

The Los Angeles Times online is reporting some really good news.

“Home sale prices in Southern California showed fresh strength in January, bouncing 8.6% from the same month one year earlier — a period when the market was inundated with steeply discounted bank-owned properties.” CLICK HERE TO READ THE LA TIMES ARTICLE

As I have said in the past, in order for the Honolulu real estate market to get really healthy, the Hawaii tourism business needs to get stronger. In the past, Californians have made up a large percentage of visitors to Hawaii, so an improving Southern Californian real estate market may portend good things for their economy and for us.

SEARCH FOR YOUR HONOLULU HOME

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, February 17th, 2010 at 3:00 pm 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.