Hawaii Home sales off for July - first time in 15 months there has been a dip in sales - Kailua Kona, Hawaii

By
Real Estate Agent with Kona Home Team (luva llc) RS 62947

Hawaii MLS market reports

Kailua Kona Real Estate has been on the recovery for over a year now and this is the first time in 15 months that I have not seen the number of homes sold, not surpass last years sales. In fact most of the last 15 months seen increases that surpassed, 2009, 2008, and 2007. Don't panic just yet though, June had a huge increase - stealing some of the closings that would have happened in July. I attribute this to the rush of last minute buyers that wanted the tax credit. You would think the government would have learned a lesson a few years ago - STOP BORROWING BUYERS FROM THE FUTURE - let nature take its course and she will recover on her own time. Of course there is enough on that subject to create a whole new Blog.

Home sales - DOWN <21%> , but dont forget June had an increase of 60%.

Condo Sales - UP by 33% been tracking an upward swing for about 5 months.

Land Sales - DOWN <40%> - first time this year there has been a dip in land sales.

For the full report, please visit my website below, and look for the tabs to the left [ MLS Market Reports ]

Don't forget

"Islands" Magazine just rated the Big Island of Hawaii - #1 in the World!
In the August 2010 issue of ISLANDS magazine, the editors rank the top 20 Best Islands to Live On, considering real estate values, ease of immigration, expat community, quality of island life and more.
Visit: www.islands.comfor the full story, or better yet - pick up a copy at your local newstand.

 

Aloha, and have a great day

 

Lance Owens (RS)

(808) 936-8383

Lance@KonaHomeTeam.com

www.KonaHomeTeam.com

Aloha Kona Realty Inc.

78-6740 Alii Drive

Kona Home team

Posted by

 

 

Follow KonaHomeTeam on Facebook Follow us Twitter Follow us on LinkedIn

 

Click on any of these (above) to follow me on your favorite Social Media site:  

Aloha, and have a great day 

Lance Owens (RS)

(808) 936-8383

Lance@KonaHomeTeam.com

www.KonaHomeTeam.com

LUVA Real Estate 

75-240 Nani Kailua Dr #8 , Kailua Kona, HI. 96740 (Pines Plaza

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
Hawaii Hawaii County
Tags:
condos
land
foreclosures
reo
bank owned
short sales
real estate
sales statistics
market reports
homes
hawaii mls

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
391,221

Kona Home Team (luva llc) Lance Owens (RS)

Getting transactions done, when nobody else can!
Ask me a question about Kona Real Estate
*
*
*
*
Spam prevention

Additional Information