November 4th, 2009 categories: Honolulu House For Sale, Honolulu Real Estate 101
As a Honolulu Realtor, I am always looking for the right home for the clients that I am working for. In the last week, I saw two Honolulu homes come on the market that might meet the needs of two of my buyers. It is amazing to note that both sold within days of coming in the market! One was located in Nuuanu and the other in Hawaii Kai.
Paul Brewbaker is one of my favorite economists. Since following him beginning in 1991, I have found him to make insightful predictions, many of which I disagree with at first. Paul is quoted in the Pacific Business News as forecasting a turn in the Hawaii economy in 2011. This may mean more of the same bumpy ride in 2010.
Pacific Business News is reporting that Honolulu’s foreclosure rate is up as compared to last year.
With Trulia, Zillow and other sources for real estate information, I am reminded of the problems created by technology in the pre-911 world. Prior to World Trade Center being hit, the USA’s intelligence community had been relying on our technological superiority in satellites and electronic eves dropping for intelligence on the bad guys. After 911 it become critically clear that there is no substitute for human beings on the ground.
The Honolulu Advertiser recently reported that Hainan Airlines was recently approved for weekly flights to Hawaii.
“State tourism liaison Marsha Wienert said the first nonstop scheduled service from China to Hawai’i could provide a big boost for the long-anticipated increase in visitors from there. Wienert said it could begin around the first of next year while the state and the airline earlier had hoped for a start date before the end of this year. “It’s very good for us,” Wienert said Friday at a meeting of the Hawai’i Tourism Authority. With Hawai’i tourism struggling out of a slump, officials are looking to China as a much needed new market.”
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