September 1st, 2009 categories: Honolulu Real Estate 101, Rants & Riffs
As Honolulu Realtor, I can’t say that our market has not experienced a decline from the highs of 2005 and 2006. However, it seems core Honolulu houses and condos have fair better than the neighbor islands and other parts of the United States. Today’s Honolulu Advertiser is reporting that Oahu has the highest hotel occupancy rate of “the top 10 competitive international island destinations”, this may mean that Waikiki’s hoteliers have had to cut back less than the neighbor islands (Maui, Kauai, the Big Island and Molokai).
Comments(1)