By: David Kucic, RA
CRS, GRI, e-PRO
Accredited Buyers Representative (ABR)
First Sergeant, USA (Ret)
Tropic Lightning Real Estate, Oahu, Hawaii
It doesn't take rocket science to figure this one out. This graph that I designed is ultra-easy-to-understand and should be perfect for the following questions that you may be looking for answers to:
- Where is the market going?
- What will my home be worth in 2 years?
- Are we at the bottom of the market yet?
It will also assist you in making your decision to "wait until we get to the bottom and the prices go lower".
We have a large inventory of homes on Oahu, great interest rates (if you are qualified) and some of the lowest prices in the past 3 several years. That combination alone is enough to say "get off the fence and go buy". So whether you are stationed at Schofield Barracks, Marine Corps Base Kaneohe, Wheeler AAF, Pearl Harbor, Hickam AFB, Tripler AMC or Camp HM Smith, this applies to you too.
With your VA Loan Eligibility in Hawaii, YOU CAN BE IN THE DRIVERS SEAT if you are properly represented.
An insider tip for you: If/when the interest rates go up after the January elections, the amount that the interest rates go up might offset any savings you may have had by "waiting until the prices go down further".
You may also want to refer to Buying Hawaii Real Estate? Think like a SELLER if you make the move and decide to buy Hawaii Real Estate.
What are your questions? Aloha!