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12-10-2012, 09:45 PM
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Location: Kailua
10,761 posts, read 14,035,735 times
Reputation: 5337
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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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12-10-2012, 09:48 PM
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Location: Hawai'i
1,392 posts, read 2,748,691 times
Reputation: 703
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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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12-10-2012, 10:06 PM
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142 posts, read 265,612 times
Reputation: 65
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Quote:
Originally Posted by HiloDiver
Wow, you sure don't get much value for your housing dollar there. So glad we moved to B.I.
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It's nuts right??  |
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12-10-2012, 10:07 PM
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142 posts, read 265,612 times
Reputation: 65
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Quote:
Originally Posted by whtviper1
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Good find, thanks! Think we'll have more inventory next year, or budget unrealistic? |
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12-10-2012, 10:13 PM
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Location: Kailua
10,761 posts, read 14,035,735 times
Reputation: 5337
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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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12-10-2012, 10:21 PM
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142 posts, read 265,612 times
Reputation: 65
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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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12-10-2012, 10:29 PM
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Location: Kailua
10,761 posts, read 14,035,735 times
Reputation: 5337
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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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12-10-2012, 10:40 PM
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142 posts, read 265,612 times
Reputation: 65
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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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12-10-2012, 10:46 PM
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Location: Kailua
10,761 posts, read 14,035,735 times
Reputation: 5337
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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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12-10-2012, 10:50 PM
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142 posts, read 265,612 times
Reputation: 65
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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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