Posted on: Sunday, June 27, 2004
QUARTERLY REPORT • THE HOUSING BOOM
Windows of opportunity small, but rewards large
Advertiser Staff
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Record home prices, record unit sales, people lining up to buy condos, lotteries for new homes — it's a dynamic housing market in the Islands. What can you do to prosper?
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| OWNERS | RENTERS | INVESTORS | ||||||
| They bought a new house, but should they sell it? | The rental market is tight and getting even tighter | It's difficult to decide whether to buy or sell | ||||||
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| Stacy and Robert Barclay spent nine months looking for a $350,000 home, then bought a three-bedroom Kane'ohe house for $430,000, taking the plunge before "we'd be priced out." | Harsha Reddy, who just graduated from medical school and moved to Hawai'i to start an internship, is looking for a two-bedroom rental. Reddy has checked out the Chateau Waikiki. | Laura Yamada, left, and Randall Fujinaka, two of the three co-founders of the Hawaii Real Estate Investors club, plan to sell this property in Soda Creek in 'Ewa. | ||||||
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| Rebecca Breyer • The Honolulu Advertiser | Andrew Shimabuku • The Honolulu Advertiser | Andrew Shimabuku • The Honolulu Advertiser | ||||||
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