“In the past year, sellers would put up the price, and there would be three people who wanted to buy at or above the asking price. That kind of demand has really shut down recently.”
“Because leasehold is so negatively thought of, you might be able to back into a leasehold that fits your needs. Then it would definitely be worthwhile to buy.”
“When the market was running at 20 and 15 days, people had to get in line to make offers that were at or above the list price. Now people have more time to make a decision.”
“Leeward is an area that's continuing to grow, even though the overall market on Oahu has slowed down. It's interesting to note how healthy those sales are in comparison to the rest of the island.”
“Even with the higher number of residential sales in March, total sales for the first quarter showed a small decline from last year. This reduced demand, along with the renewed availability of housing, means that the market is moving forward on its path toward stabilization.”
