I have 4 pictures to show you as to why Waikiki real estate is alive and doing good.  All of which were taken from my condo in Waikiki.  You will also notice that the official state bird in Hawaii is the Crane.  :o)  For obvious reasons.

 The Watermark is a 38 story development on the western edge of Waikiki.

The beginnings of the Allure, which is another high end 35 story development that just recently started being built.  Notice the rare "red crane" (most cranes are yellow).

 Here is the newest building on the expansive Hilton Hawaiian property.  It's a 38 story timeshare right next to the Ilikai.  If you remember Waikiki this is right by the lagoon.  In the past the lagoon was pretty sub par, but they've just redone the entire lagoon area and it is NICE.  The lagoon recently re-opened a couple of weeks ago.

 Another spotting of the Crane on an unidentified building.

 Keep in mind that all of the above construction is visible from my home.  I reside in the 42 story Discovery Bay complex.  Real estate is local and in the Waikiki area it is alive and well.  The booming prices and instant sales are gone, but what remains is a very strong market holding steady.  The international presence is what makes Hawaii a great place to own property.  Canada, Japan, China, and the United States have a large presence here and that is continually growing. 

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