Big Island home prices see double-digit gains in July – Pacific Business News   Leave a comment

This is excellent news.  Hope that the buyer sitting on the fence really wanting to buy Hawaii stops waiting for prices to go lower.  Doubt that they will.  And the “Phantom” foreclosure inventory is not real,  at least not in Hawaii, its elusive as a Phantom.  Our inventory is getting very low, that alone precedes a sellers market.  In fact, the North Kona Market has almost 2-homes in escrow for every 1-home that is for sale.  Since this is my second real estate recession/recovery rodeo, I feel pretty certain that those who are waiting for prices to go lower will wish they bought now in two years…probably less.   I saw it so  many times last cycle. The dreamers who wanted to wait are still dreaming while those who paid attention to facts are  living their dream…in Hawaii.   Hope those who read this realize the time is now….it couldn’t be better with these great interest rates….The time is NOW!

READ THIS:  Big Island home prices see double-digit gains in July – Pacific Business News.

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