Article by Oleg Potemkin (RA), a Hawaii real estate sales and marketing specialist. Oleg will provide the expertise you need to untangle
the complicated Hawaii real estate regulations. His years of marketing success
in the Hawaiian real estate market ensure that your search for the perfect home,
condo, or investment property in Hawaii will ensure the good life in paradise.
If you're selling, Oleg can help with that, too, to help make what is a often a
wrenching decision less painful, and more profitable. Call Oleg at (808)
398-9987 or visit his Hawaii real estate site at http://www.Hawaii-Realty.com
Hawaii. Just the name brings thoughts of beautiful tropical sunsets, warm ocean breezes, swimming, surfing, basking, just relaxing. Makes you wish you were going there tomorrow, ready for a week or two . . . or three of vacation time.
Obviously, a few weeks in Hawaii on vacation would be nice, but what if you could live in Hawaii year round? Hawaii real estate is still in high demand. Hundreds of homes, condos, land, even vacation homes, are available today in Hawaii. Wouldn’t you like to live, work, raise a family, and enjoy the good life in the Hawaiian Islands?
In August of 2009, a single family home on Oahu Hawaii was selling for a median price of $566,000. That’s a drop of 10.9 percent as compared with August of 2008. For a condo, the average selling price is down 11.6 percent since August of 2008, to $290,000. The median prices paid for island properties in the first eight months of 2009 were $570,000 and $305,000, respectively, decreases of 9.4 percent for single-family homes from the same time period in 2008 and 7.6 percent for condominiums.
There has never been a better time to consider Hawaii homes. The price is right, the market is loaded, and the sun, sand, and surf are waiting for you. There is a home for you in Hawaii, be it a traditional single family home tucked away among the palm trees in Hawaii Kai, or a beachfront condo near Waikiki Beach on Oahu, or maybe a luxury property on the water over looking Diamond Head and Koko Head craters.
If you would, instead, like to build your own Hawaii home, vacant land are now available throughout the islands. Waterfront property, farm property, property in the rolling hills, wherever you’d enjoy Hawaiian living, there’s land available for building.
Perhaps, you’re not yet ready to move to Hawaii. Consider, in that case, investing in a beachfront or inland property in Hawaii, and watch your investment prosper. Hawaii real estate, though admittedly sagging, is not nearly as depressed as the housing market on the mainland. An investment in a Hawaiian home, condo, vacation property, or lot is a great opportunity to take advantage of both the strength of the Hawaii property market, and the favorable opportunities that are, assuredly out there, as well.
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