Recovering Tourism-Good For Honolulu Real Estate

July 8th, 2010 categories: The Market

Pacific Business News is reporting a significant increase in hotel occupancy rates.

“Oahu maintained the highest occupancy rate at 86.3 percent, up 11 percentage points from a year ago.”
CLICK HERE TO READ THE ENTIRE ARTICLE

Since tourism is one of the main driving forces in our economy, increasing hotel occupancy rates portend the need for more employees and goods. As these increase, you should see positive growth in our local economy. I am hopeful that this positive momentum will continue to build and that our real estate market has bottomed. The last sentence may sound cautious and it is meant to seem that way. My concern has a great deal to do with the national economy and Federal governmental policies. Without expanding on my trepidation, let’s look for the best.

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.

More Video Blogs

Keahi’s Resume

Honolulu Real Estate Is A Good Investment

Why A Buyer Shouldn’t Buy

Supply Of Honolulu Homes

Honolulu Home Median Price of $1,000,000

Honolulu real estate makes a lot of sense over 10 years

How To Make Disclosures

Buying more might make your retirement better

Under New Rules-Lenders Even More Important

Sellers Beware Of Company Addenda

Sellers Get Your Surveys In Advance

Are Realtors Paid Too Much?

This entry was posted on Thursday, July 8th, 2010 at 9:45 am 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.