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 April, 2010 « Next month - Some good news for the local economy: Hawaii tourism rises in March. (4/29/10) - Oahu housing market steadies with fewer listing price drops. (4/24/10) - Hawaii has the 9th lowest nominal unemployment rate in the country in March at 6.9%. Here is an interesting chart showing the March rate for each state (red dash) and each state's high and low since 1976 (blue bar). (4/18/10) - A somewhat real estate related video: freewheeling traffic, and life, filmed on a 1906 cable car trip down Market Street in San Francisco. (4/11/10) - The March sales numbers for the Oahu real estate market are out from the Honolulu Board of Realtors®. Here is a single-page set of charts showing the last 12 months of data. Once again, we are on a fairly even course. Prices steady, inventory increasing as it normally does in spring, and solid sales numbers. The buyer tax credit is distorting the sales numbers upward as its deadline approaches. We will have a better idea of how healthy the market is in the next two months after the tax credit passes. On a side note, HBR has hired an outside firm to handle its statistical data, and they use different methodology to compute the various data sets, so direct comparison to previous months, or the same month last year, is no longer fully accurate. Here are the entire new-format HBR stats, and local coverage of the latest data can be found here. (4/8/10) - With the drop in new construction in the recent past, some forecasters see a spike in Hawaii home prices on the horizon. (4/5/10) - Hilton to build two new towers in Waikiki as part of its expansion plans for the Hilton Hawaiian Village Beach Resort. (4/1/10) - To learn more about our 50% Oahu Buyer Rebate* and the savings it offers buyers on their real estate purchases, including Honolulu homes and Waikiki condos, properties from Honolulu to the North Shore, Kailua to Kapolei, and across all Oahu, please click here. |
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