Na Hale O Makena Real Estate News
Please let us know if there is something specific you'd like us to keep you apprised of! Mahalo.
- Tom & Sean Real Estate's Leading Edge
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Please let us know if there is something specific you'd like us to keep you apprised of! Mahalo.
- Tom & Sean Real Estate's Leading Edge
We usually don't highlight specific properties here, but this one is too good not to talk about. In the entire Wailea real estate market there are two bargains that just jump out. The most recent is a one-bedroom unit in Grand Champions that is listed for $499,000! That is the same price the seller paid in 2004. It simply won't last. The other bargain? Contact us and we'll tell you about it.
In today’s Wall Street Journal, an article cites Wellesley College Professor Karl Case calling the bottom of the national housing market:
But new housing starts have at last slumped below the seemingly magical one million mark. That happened in March. Every time that has happened in the last 50 years, it proved to be the bottom of a recession.”It is really remarkable how much where we are today looks like the bottom we’ve had in the last three cycles,” Mr. Case says. “Every time we’ve gone below a million starts, the market has cleared at that moment.”
Is he right?