The Honolulu Board of Realtors reports a positive increase in Oahu real estate sales

The latest report on real estate on Oahu by the Honolulu Board of Realtors is positive, very positive.  The report shows a marked improvement in real estate sales on Oahu were up over 45% in November, compared with November of 2008.  That is a huge improvement that has many believing that the bottom has already arrived.

While the improvement in Oahu real estate sales is evident many are still cautious.  The fear of the tax credit expiring is believed to have inspired many off of the sidelines and into Oahu real estate.  The tax credit has been extended and expanded and will most likely continue to help real estate sales.

Mortgage rates are still hovering at historical lows and it is a great time to purchase real estate in Kapolei, as well as elsewhere on Oahu.

For a look at the most recent Oahu real estate report, click here.

For more information about Kapolei Real Estate please contact John Riggins, Certified Distressed Property Expert. Click here for access to the Oahu MLS and all available listings in the Kapolei area.

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