There are 1 blog entries for January 2012.
Monday, January 9th, 2012 at 4:42pm. 843 Views, 0 Comments.
Makaha Condos are Moving
2011 was a busy year - it was my busiest year ever! A good reason for it was the sale on properties in Makaha. Condos, townhomes and even single family homes were half price compared to the peak years of 2005-2006.
People want to buy low and sell high for good reason. The only problem is, when prices are low, people get worried that prices will go lower and then they don't pull the trigger. I believe the bottom has already passed. Prices are higher now than they were several months ago and I think they will continue climbing.
Looking at past trends, Hawaii's real estate cycles run about 8-12 years. We maybe just one year into a new cycle. Therefore, if you missed the bottom don't despair. There maybe a lot…