Improving Tourism-Good Sign For Honolulu Real Estate

May 11th, 2010 categories: For Buyers, The Market

The Honolulu Advertiser is reporting some very good news about the Hawaii tourism market.

“Average statewide occupancy rose to 70.6 percent in March from 65.2 percent a year earlier. Occupancy has increased in six out of the past seven months. But with deep discounting, hotels hadn’t been able to post an increase in revenue per available room — until March.” CLICK HERE TO READ THE ENTIRE HONOLULU ADVERTISER ARTICLE

This is just another bit of good news that points to an improving economy. As markets get healthier, the job market should get well and real estate should move in concert. Combine this good news with good prices and low interest rates and it may be the time for Honolulu home buying fence sitters to buy. Here is a caveat, buy within your means and plan on living in the home for at least 3 years or longer.

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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.

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This entry was posted on Tuesday, May 11th, 2010 at 9:10 am and is filed under For Buyers, 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.