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 Magyar, Agent, Waikele, HI
Tue May 22, 2012
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
Mike Gallagh…, Agent, Honolulu,, HI
Wed May 23, 2012

My name is Mike Gallagher and I own my Brokerage.

Check out my "High End Property" Reports on my website: http://www.hawaiirealestatestatistics.com

Much Aloha,

Mike G.
0 votes
Tim Moore, Agent, Kitty Hawk, NC
Sun May 20, 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%.
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