Posted by: Mitch @ South Maui Homes | April 5, 2013

Hawaii’s Housing Prices UP Almost 15%

According to the latest report produced by Corelogic, Hawaii’s real estate prices have come up 14.6% since last year.  Compared to the rest of the USA, Hawaii’s price increase is the 4th highest increase following Nevada, Arizona, and California.

The USA overall has experienced a 10% price increase as compared to last year.  With low interest rates, and limited inventory, this is turning the market into a ‘Sellers Market‘.

For buyers that means, the deals are scarce, and they will be competing with other homes that come on the market.  Don’t fall behind in the current market, and get your pre-approvals ready.

If you or anyone you know is looking to buy/sell/invest in property here on Maui please contact me.

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Responses

  1. […] Hawaii.  That’s quite a blessing in this low inventory market which have been causing Maui’s Homes prices to go up.  Prices have not yet been released at this time, however the floor plans, and site plans for the […]


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