Robert Shiller is well known for being part of the Case Shiller home price index and in today’s Wall Street Journal on-line he is very candid in an interview concerning the current state of the national real estate home market. Below is a comment on the current strength in the housing market.
“But it probably isn’t the beginning of a major boom, just because the economy is in such bad shape. There’s also a chance that it will reverse. It’s still only three months old, so it’s very hard to be sure at this point. The most likely scenario is that it won’t continue at this high rate of increase, but that it will neither go down a lot, nor up a lot.?” CLICK HERE TO READ THE WALL STREET JOURNAL ARTICE
Here is the question, if home values were to remain flat in Honolulu, why should you buy now?
Here are more interesting Honolulu home and condo listings that have come up for sale over the last days.
For the last few months, I have been saying that the diversity of the Honolulu economy is one of the main reasons our real estate market has not been hit as hard as the neighbor islands. This morning’s Pacific Business News (on-line) is reporting that Honolulu has the 51st largest economy in the United States.
502 posts and about 375 hours later, here we are today. My odyssey in blogging germinated 20 months ago while I sat at a seminar listening to a talk about the power of the Internet. It became clear then and that as time goes by the Internet will become more relevant to selling Honolulu real estate and traditional forms of marketing will go the way of the dinosaurs. Like many a Honolulu Realtor, I had a “static” website, just because you were supposed to have one, but there was no effort in addressing Google or the other search engines. I could see that in addition to my strong client base, I needed a proactive plan to have my site show up on page 1 of Google’s organic search for Honolulu real estate. As I write this blog post my site is on Google’s page 1. This is out of 11,400,000 results!
Many people ask me how I continuously post? Kudos needs to go out to my coaches at The Real Estate Tomato. First they taught me the simple but technical side of writing and posting in a manner that would be positive to the search engine spiders. Secondly, when I asked them how I would come up with my daily posts, they told me that because I have been in real estate sales for 27 years I have vast stores of information and knowledge that a less experienced agent/broker could not fake. I am always amazed at how easily posts come to mind, thus confirming that The Tomato people were absolutely right. Here are 7 realizations I’ve had as a result of the last 501 blog posts.
It is always fun to work with a family moving from the mainland to Honolulu. An inevitable part of a home purchase is helping orient my client to the cultural nuances of living in Hawaii. One of the local practices I always recommend that a new homeowner plan on doing is the “blessing of the home”.
Residential Realtor working in Honolulu, Manoa, Kahala, Kaimuk, Nuuanu, Hawaii Kai, Pauoa Valley, Palolo, St. Louis, Moiliili, Kapahulu, Ala Moana, Waikiki, Aina Haina, Niu Valley and Kuliouou
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