Bottom Feeders Sign Of Bottom-Is That Redundant?
March 11th, 2010 categories: The Market
The Maui News has a terrific interview with Hawaii economist Ricky Cassiday in which he professes a belief that the Hawaii real estate market has bottomed. One of his more telling quotes is as follows.
“Another sign that the market may be getting ready to turn is the appearance of bargain hunters. Whether you characterize them as thrifty shoppers, bottom feeders or vultures, Cassiday said he sees people with money looking around for deals.” CLICK HERE TO READ THE ENTIRE MAUI NEWS ARTICLE
To prepare for my daily blog posts, I visit numerous newspapers and news sites around the country and the state of Hawaii. I am seeing more and more articles saying that things have bottomed! Just like a down turn, the more that people say it is happening the more a bottom will be a self-fulfilling prophecy. 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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