According to the article, analysts claim that this slump will not end until inventory (amount of homes for sale) declines. Unfortunately for many mainlanders, foreclosures are pushing more homes onto already flooded markets, keeping inventories high and extending the market's recovery time. If this is a good synopsis of our Real Estate problems, Hawaii has two reasons to be optimistic
Continue reading...Tuesday, July 8, 2008
The Advertiser must be trying to make up for all of their absurdly pessimistic articles with this very good one about why home prices are strong and relatively stable It helps when you have great sources like Mike Sklarz. In the article, he makes an excellent point using a key indicator of overall market health:Months of [...]
Continue reading...Thursday, June 26, 2008
Oh no, plunging and tumbling again – well, at least it’s not plummeting, that is really scary. So what are we taking about here and does it affect Hawaii? Let’s start with the second part of that question - ‘No”. So, what are they talking about - new home sales.
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Monday, July 28, 2008
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