Let The Good News Roll

April 28th, 2010 categories: The Market

Markets are driven by a compilation of attitudes and news. Lots of negative news and we see attitudes go negative. This is what we saw in 2007 and 2008, and then we saw the proverbial “stuff” hit the fan. Right now I see the opposite happening, more and more good news is showing up and I am finding lots of people starting to feel good about their prospects and the Honolulu real estate market. Today’s Honolulu Advertiser is reporting a strengthening tourism market.

“Industry leaders say they expect the gains to continue in the months ahead given the number of flights to Hawai’i being added by airlines this spring and summer.” CLICK HERE TO READ THE ENTIRE HONOLULU ADVERTISER ARTICLE

What does this mean for real estate in core Honolulu? At a minimum, it is a safe bet that our market has bottomed (in most market segments) and I am starting to sense that leading indicator markets are firming. This means it may be a great time to buy if you have not already yet done so!

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.

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This entry was posted on Wednesday, April 28th, 2010 at 2:02 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.