Oahu, the third largest of the Hawaiian islands and the most populous, has suffered many ill effects from the ongoing financial crisis and the deteriorated U.S. housing market. The island was home to some of the nation’s highest property values before the crisis, and these inflated values have meant many homes for sale in Oahu [...]
Entries Tagged as 'Hawaii'
real estate news in Oahu
November 22nd, 2009 · No Comments · In The News, Real Estate, Real Estate Markets
Tags: Hawaii·home prices·markets·oahu·Real Estate
Waikiki real estate news
November 11th, 2009 · No Comments · In The News, Real Estate, Real Estate Markets
Though situated in a state thousands of miles away from the mainland, the Waikiki real estate market’s distance is not enough to keep it immune from the averse affects of the economic crisis and the recession on the housing market. Pre-crisis, Hawaii had some of the highest real estate values, some of which were then [...]
Hawaii real estate market news
November 1st, 2009 · No Comments · In The News, Real Estate, Real Estate Markets
Analysts say that the market for real estate in Hawaii has further to fall and may not have seen its bottom yet, despite already having experienced precipitous falls in homes values and sale prices. “For a year now, the West Coast has seen continued erosion in pricing but increased velocity of sales,” Marty Frame, general [...]
Tags: Hawaii·home prices·markets·Real Estate
Maui real estate news
October 20th, 2009 · No Comments · In The News, Real Estate, Real Estate Markets
Though physically located thousands of miles away from the U.S. mainland, the distance has not been enough to keep the greater housing market problems affecting the U.S. from plaguing Hawaii as well. Maui real estate has been giving off mixed signals recently as to whether it is improving or still waiting to hit bottom. The [...]
Tags: Hawaii·home prices·markets·Maui·Real Estate
Oahu Real Estate Homes Sales Update
August 30th, 2009 · No Comments · Real Estate Markets
Oahu single family real estate market year to date has seen a 17.5% decrease in the number of sales (1,372) compared to last year for the same time period (1,664). The single family market also saw a 9.1% in prices for the same time period. 2009 average sales price is $570,000 compared to $627,000 in [...]
Tags: Hawaii·home prices·markets·Real Estate
Big Island Hawaii Real Estate Market Update
July 29th, 2009 · 1 Comment · Real Estate Markets
The Big Island of Hawaii, known locally simply as the island of Hawaii, is the second most populous island in the archipelago. More importantly for the Hawaii real estate market, the Big Island real estate market is literally bigger in terms of size than all of the other islands combined. Big Island properties are often [...]
Tags: Big Island Hawaii·Hawaii·home prices·markets·Real Estate
Kauai Real Estate Market Update
July 27th, 2009 · No Comments · Real Estate Markets
The Garden Island has been in tough economic times ever since the Hawaii real estate market bubble burst towards the end of 2008, although it is not the hardest hit of the Hawaiian Islands. The number of foreclosures on Kauai has admittedly skyrocketed since the recession hit, but the situation is not quite as dire [...]
Tags: Hawaii·home prices·Kauai·markets·Real Estate
Maui Real Estate Market Update
July 25th, 2009 · No Comments · Real Estate Markets
The Valley Island of Maui was devastated by the bursting of the real estate bubble in the Aloha State. The economic recession of late 2008 added to the inevitable decline of the Maui real estate market, along with the larger Hawaii real estate market. Pretty much every component of the Maui real estate market rapidly [...]
Tags: Hawaii·home prices·markets·Maui·Real Estate
Honolulu Real Estate Market Update
July 22nd, 2009 · No Comments · Real Estate Markets
The Honolulu real estate market surprisingly fared much better both initially and currently than the nation at large and the rest of the islands. That does not mean, however, that there has been any shortage of hardship in the capital of the Aloha State. Honolulu real estate is experiencing a very difficult period of recession, [...]
Oahu Real Estate Market Update
July 20th, 2009 · No Comments · Real Estate Markets
Oahu real estate market is very closely tied to the Hawaii real estate market at large, simply because Oahu is about eighty percent of the state of Hawaii in terms of population. At the same time, in terms of land, Oahu’s real estate market is minuscule when compared to Maui and especially the Big Island [...]
Tags: Hawaii·home prices·markets·oahu·Real Estate