Looking Past the Doldrums Period and Moving Forward Rapidly.
August 2010 was a banner month for CENTURY 21 All Islands. According to their last weekly flash report for the month of August, their firm opened escrow on $83.5 million in new business--171 in sales. The last time the company exceeded $83.5 million in a month was back in September 2008, just about the time the real estate market crashed. Their August 2010 opens were 55% ahead of August 2009.
"Over 95% of Hawaii's real estate firms would struggle to open that amount of sales in a full year. The CENTURY 21 All Islands sales team did it in a single month! Wow!” stated James Wright, President/CEO of CENTURY 21 All Islands. "They did a great job pulling it together by adding listings and writing a storm of successful contracts."
Added Wright, "I tell my sales team to not buy into the Wall Street cry of “Double-Dip” with regards to the economy. They continue to want stimulus money to bet on, or against, depending on their market strategy. Too many people want government to bail them out, when in fact that isn’t possible. If we could just get the tax reduction programs of the past 10-years extended, businesses will be better prepared to grow and add employees. Trying to tax our way out of this economy will likely do just the opposite. It’s employment that must correct to move the economy forward."