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View Poll Results: Do you believe Hawaii's economy will turnaround in the next 12 months?
Yes 8 16.67%
NO 40 83.33%
Voters: 48. You may not vote on this poll

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Old 04-09-2009, 11:48 PM
 
Location: Waikiki
287 posts, read 1,374,048 times
Reputation: 208

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Quote:
Originally Posted by kaimuki View Post
The housing numbers on Kauai, Maui and the Big Island are very scary. Question is, will the same happen on Oahu at some point.
Any realestate agents out there that can shed light on Kaimuki's question?
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Old 04-14-2009, 01:45 PM
 
43 posts, read 133,471 times
Reputation: 25
Quote:
Originally Posted by VanHa View Post
Another positive indicator is Oahu's sales figures were up by 90% in Month of March over February...could this be the start of something???
Not a chance! We're not even halfway through this mess we're in. There's only a few guys I really listen to with regard to economic analysis and predictions. Most of the other so-called experts never saw this crisis coming, including our State's economists. So why should anyone listen to them? Things are going to become much worse.
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Old 04-14-2009, 02:22 PM
 
Location: Honolulu, HI
5,637 posts, read 6,536,087 times
Reputation: 7220
Lopaka, how low do you think Oahu's average sales price (not median listing price) for a single family home will fall to? And, how long do you think it will take?
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Old 04-14-2009, 06:38 PM
 
Location: Waikiki
287 posts, read 1,374,048 times
Reputation: 208
Quote:
Originally Posted by kaimuki View Post
Lopaka, how low do you think Oahu's average sales price (not median listing price) for a single family home will fall to? And, how long do you think it will take?
Since no one knows and even the experts are wrong...how can we predict when we've bottomed out?!
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Old 04-16-2009, 04:48 PM
 
90 posts, read 469,306 times
Reputation: 81
Hawaii foreclosures jump 503% for March:
Hawaii foreclosures jump 503% in March - Pacific Business News (Honolulu):
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Old 04-16-2009, 05:10 PM
 
Location: Honolulu, HI
5,637 posts, read 6,536,087 times
Reputation: 7220
I read that. Pretty scary stuff, if you ask me.
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Old 04-16-2009, 08:04 PM
 
Location: Waikiki
287 posts, read 1,374,048 times
Reputation: 208
Quote:
Originally Posted by alohakat View Post
It might not be the end yet...I wonder if we will survive the summer...and what is likely to happen if the tourists don't show up!
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Old 04-17-2009, 03:05 PM
 
Location: Honolulu, HI
5,637 posts, read 6,536,087 times
Reputation: 7220
Unemployment numbers were just released and the news is really lousy. Man do I want this bad stuff to end soon.

State jobless rates tops 7 percent - Bulletin - Starbulletin.com
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Old 04-17-2009, 03:23 PM
 
Location: Big Island of Hawaii
1,375 posts, read 6,314,954 times
Reputation: 629
Quote:
Originally Posted by alohakat View Post
Hawaii foreclosures soar 503% in March | HonoluluAdvertiser.com | The Honolulu Advertiser

There is another thread with this link...I think there are details in this article that add some context to the PBN article.
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Old 04-17-2009, 11:03 PM
 
Location: Waikiki
287 posts, read 1,374,048 times
Reputation: 208
It looks like we are in for a wild ride based on these reports.
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