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Old 12-10-2012, 09:45 PM
 
Location: Kailua
10,761 posts, read 14,035,735 times
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Lots of rough around the edges places - but here was one that looks interesting, not a CPR and almost brand new.

View on Google Maps from the link below - $579,800
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Old 12-10-2012, 09:48 PM
 
Location: Hawai'i
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Wow, you sure don't get much value for your housing dollar there. So glad we moved to B.I.
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Old 12-10-2012, 10:06 PM
 
142 posts, read 265,612 times
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Quote:
Originally Posted by HiloDiver View Post
Wow, you sure don't get much value for your housing dollar there. So glad we moved to B.I.
It's nuts right??
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Old 12-10-2012, 10:07 PM
 
142 posts, read 265,612 times
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Quote:
Originally Posted by whtviper1 View Post
Lots of rough around the edges places - but here was one that looks interesting, not a CPR and almost brand new.

View on Google Maps from the link below - $579,800

Good find, thanks! Think we'll have more inventory next year, or budget unrealistic?
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Old 12-10-2012, 10:13 PM
 
Location: Kailua
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I think your budget is fine for Kapolei.

I don't see more inventory coming in 2013 unless something terrible happens to the economy.
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Old 12-10-2012, 10:21 PM
 
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I thought the problem was the economy was bad so underwater folks who don't need to foreclose or shortsell are stuck. Maybe if it gets better more people will sell?
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Old 12-10-2012, 10:29 PM
 
Location: Kailua
10,761 posts, read 14,035,735 times
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The economy on Oahu is doing spectacular. 5.0% unemployment - record tourism - record room occupancy - record tourism spending - more military on island from Iraq having wound down.

Prices are rising so fast very few people are underwater even if they bought in 2007. Inventory is low because everyone doesn't want to leave money on the table.

Note: This is for Oahu only.
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Old 12-10-2012, 10:40 PM
 
142 posts, read 265,612 times
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Wow, I called bottom in my old post early this year or last, now I buy into the peak lol
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Old 12-10-2012, 10:46 PM
 
Location: Kailua
10,761 posts, read 14,035,735 times
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I don't think we are near the peak either - the mainland economy needs an improvement for people to purchase second homes again.

The bottom was last year - and I thought it would last a lot longer than it did - about May, I noticed inventory was getting tight - and prices started ticking up rapidly which is why I was on a mission, although patiently, to get my latest house.
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Old 12-10-2012, 10:50 PM
 
142 posts, read 265,612 times
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Yeah true, hopefully have a year to suss things out. If I do end up in Kapolei, hoping for a rail boost! Glad Caldwell got elected...
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