This article appeared in USA Today yesterday. That's confusing.
In any event, University of Hawaii economist, Byron Gagnes, and the executive director of the Realtor's Association of Maui, Terry Tolman, are quoted in a discussion of what's happening to prices in paradise.
The Reader's Digest version is that Maui prices are down and Gagnes and Tolman appear to be in agreement that prices are not yet at the bottom. In a follow up telephone interview Tolman claimed he was misquoted.
It's news reports like this that usually indicate we are at or near the bottom. In fact it's these kinds of reports that create the bottom.
Keep a close eye on the kind of property that suits you. If you are not getting automatic notifications from us now, let us know so you can be sure not to miss "the deal." Remember, no one is going to ring a bell to let us know we've hit bottom.
Lee & Barb
808-276-8776
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