The year comes to an end as home owners, investors, and second home shoppers look to 2011 for a real estate market redemption. With the release of the Honolulu Board of REALTORS 2010 market figures, before we start gazing into 2011, reflecting back on the previous year might prove to be a valuable time investment.
With all of the talk about the Hawaii real estate market in the midst of the economic recession and recovery, having valuable statistical data helps to make sense of exactly what’s happening around us. As a general measure of how home owners feel about the current economic situation, we can use the New Listing statistics to determine a growing optimism amongst Hawaii residence. With new listings up 6.3% from 2009, owners are taking advantage of the current real estate market growth, where buyers and sellers are enjoying an increase in both pending sales and closed sales.
Read Full Article: Hawaii Real Estate - 2010 Year in Review
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