Market Conditions in Laie>Question Details

Victoria Joh…, Home Buyer in Laie, HI

What is happening with beachfront values?

Asked by Victoria Johnson, Laie, HI Sun May 20, 2012

Overall sales - what is happening with values?

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Rain S Magyar (Realtor)’s answer
The Value of beach front on Oahu is doing very well. With rates at all time low, the buyer's have the buying power to pay for exactly what they want. This is the best time to sell in the last 4 year and with the summer months ahead of us, things are looking good for our market.
1 vote Thank Flag Link Tue May 22, 2012

My name is Mike Gallagher and I own my Brokerage.

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Much Aloha,

Mike G.
0 votes Thank Flag Link Wed May 23, 2012
Not sure which beachfront you are asking about. On the Atlantic coast here in NC the beachfront prices have hit 10 year lows and we are selling homes at 2000 prices down from the 2007 prices by 40-50%. Great time to be a buyer looking for a deal with investor loans at under 4%.
0 votes Thank Flag Link Sun May 20, 2012
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