Oahu Real Estate Trends

July 7, 2010 by Chuck | 0 Comments

if you’ve ever read the “Rich Dad/Poor Dad” books, you may recall that Robert Kiyosaki got his start in Hawaii. From time to time he does seminars on the Island of Oahu.

What would be interesting to see is if Rich Dad could take someone from the audience right there in Oahu and see if they could use his techniques to go from “nothing” to “something” “overnight. Other “real estate gurus” used to do that in the “go go” 80′s… It might be more embarrassing than anything else these days.

Here are some facts about Oahu Real estate. According to Realty Times, prices in Oahu in June of 2010 were rated “3″ – in general it was neither a “buyer’s market” or a “seller’s market”. Sales were up 8% over 2008 with prices also neither favoring sellers or buyers and also the vicinity of the “3″ rating.

Real Estate experts say that despite this general trend, it’s always possible to find the most run down property in the better neighborhoods that will get the most bang out of quick fixes. And possibly even “foreclosure” fire sale prices.
I for one would like to see “Rich Dad” do that… I guess it won’t be too soon!

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