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BREWBAKER SPEAKS: Chief Economist - Bank of Hawaii

We attended a talk given today by Paul Brewbaker, Chief Economist for Bank of Hawaii. Here is a summary of the key points of his presentation and thei likely impact on Maui real estate:

  • We are not nationally in a recession nor will we see one;
  • The financial crisis has peaked and is slowly resolving itself;
  • Hawaii, particularly the Big Island and Maui, has not seen airlines fill in the load capacity lost to ATA and Aloha and is unlikely to soon;
  • As Orange County real estate goes, so goes Maui real estate with a six month lag;
  • Residential construction has declined dramatically; and

  • The Chinese are coming, the Chinese are coming!

For details, contact us!

Posted Friday Aug 29
( 08/29/08 02:50PM ) — Marie Dellarco

Nice to hear things are going well in another tropical area. We wre there years ago and it was selling like hotcakes. We also have alot of great value if you know of anyone wanting to come to Flordia let me know and we will work a referral commission your way.


Terri Archimbaud


386-428-1212


Beach Realty Center


New Smyrna Beach, FL 32169

( 08/29/08 02:54PM ) — June Piper-Brandon, CRIS, ePro, Broker

My business partner still has dreams of moving to Hawaii within the next 5 years and is working hard at achieving that.   I'll refer him your way.

( 08/29/08 02:59PM ) —

Really not a bad time to buy here, values start rising again soon, but for now, buyers can have their pick, especially if their financing is in order. We do appreciate the referrals.


 


If We hear of anyone moving to Florida, will send them your way :),


Thanks for the comments

( 08/29/08 03:25PM ) — Sean Crowley

Really not a bad time to buy here, values start rising again soon, but for now, buyers can have their pick, especially if their financing is in order. We do appreciate the referrals.


 


If We hear of anyone moving to Florida, will send them your way :),


Thanks for the comments

( 08/30/08 06:14PM ) — Randy L. Prothero - Hawaii REALTOR®

Anytime Paul Brewbaker speakers people listen.  Oh maybe that was someone else.  Anyway I have been to three of his presentations this year and felt like it was time well spent.

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