Julie A. Black
CLHMS, CRS, GRI, Realtor, Broker
Kapaa,
HI
More about me…
KAUAI DREAMS REALTY Kauai Real Property Specialist
Address: 4-1435 Kuhio Hwy., PO Box 1086, Kapaa, HI, 96746
Office: (808) 822-7774
Mobile: (808) 652-6174
Julie's Blog provides information on REO, foreclosures & other great properties on the beautiful island of Kauai.
There have been a lot of questions and theories of the cyclical nature of the real estate market and if we are at the top of the cycle headed for a bottom. According to the real estate researcher, Homer Hoyt, observed in 1933 real estate cycles last approximately 18 years. Now if you follow this school of thought we are approximately 10 years into an 18-year cycle. I don’t necessarily believe or disbelieve in the 18-year cycle theory. I do believe in common sense when it comes to real estate investing.
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