oahu hawaii market statistics trends buyer seller homes condos: Where are the Sellers?
- 02/10/10 01:55 PM
The biggest challenge for a buyer in this market is finding a home to purchase. At the end of January 2010 there were only 1,202 homes for sale on the island of Oahu. That is the lowest level in more than half a decade. Even though the number of homes for sale are higher than the number of buyers each month, the homes which are not selling are not attractive to buyers because they are not in livable condition (no financing is available for those homes) or those sellers have priced their homes above the appraisal value. This creates … (4 comments)
For the Oahu Real Estate Market this past year was filled with drastic and unprecedented changes. And as we know, with change comes opportunity. This new year promises to be filled with opportunities for both buyers and sellers. We just need to keep our eyes open and be decisive. Here is what to look for:
Buyers
One of the biggest reasons why buyers didn’t purchase a home & take advantage of the low rates and tax credit during the end of 2009 was because of a lack of inventory for sale. … (2 comments)
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