Oahu Home Sales

Trend To Watch…..Look For Real Estate In Town

The sobering reality of paying $4 to $5 a gallon of gas is likely to accelerate the trend of in-town development on Oahu, just as it has been doing on the Mainland cities where young professionals and Baby Boomers are giving up on the suburbs. Expect to see more “infill” developments in Honolulu – reclaiming vacant lots for new housing – and strong sales prices for homes in close-in neighborhoods like Manoa, Kaimuki and Kapahulu. If you are an investor and interested in financing such in-fill projects, give me a call as I am currently working with three different developers to initiate such projects.

Content for this blog entry courtesy of the Pacific Business News Hawaii Economic Outlook Quarter 3 in 2008.

This entry was posted on Friday, June 27th, 2008 at 8:34 pm and is filed under For Buyers, For Sellers, Hot Properties, Market Watch, Updates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.