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 October, 2010 « Next month - Happy Halloween! (10/31/10) - The large Ward Centers redevelopment project in Kakaako and a planned new tower next to Nordstrom have been transferred to a newly formed company as part of the bankruptcy reorganization for General Growth Properties, owner of Ala Moana Center. (10/24/10) - The Koa Ridge project, mentioned last month, has received final state approval by the Land Use Commission. (10/17/10) - The September sales numbers for the Oahu real estate market have been released by the Honolulu Board of Realtors®. Here is a single-page set of charts showing the last 12 months of data. It was another slightly positive month for Oahu real estate and may be a sign of continued improvement. The number of sales were up for both homes and condos, the median price for condos jumped significantly while the median home price pulled back (this was after a huge jump in August and is still above the July figure) and inventory decreased a hair. Here are the full HBR stats for Oahu. Individual neighborhood data is available here and local coverage of the latest data can be found here. (10/10/10) - Visitor arrivals are up again for July and August. (10/5/10) - 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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