Oahu Real Estate, Looking Forward in 2010
What will hapen with Oahu real estate in 2010?
What will happen with Oahu real estate in 2010 is unknown, yet certainly 2009 is a year that most are looking forward to putting in the past. The first time home buyer tax credit helped kick start real estate sales on Oahu ion the latter half of the year, but the lack of true demand pushed home prices lower and helped make buying more affordable than the Hawaiian islands have seen in recent years.
During the first half of 2010 the homebuyer tax credit will continue to help lure buyers off of the sidelines and into home ownership on Oahu. Home prices are likely to drop some more, interest rates have probably seen their lows.
Oahu real estate will slowly and steadily unfold, what 2010 will bring is yet to be seen but data has shown improvement in sales numbers and hopefully the pattern will continue.
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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