Groundbreaking - Pahoa District Park

[csgray]

Punaperson,
Do you have a source for your data on the price for lots stabilizing in some areas and dropping in others? I'm shopping for land and have not seen that.

Carol

[ericlp]

Time will tell...

From when I bought my lot, I've noticed in Beaches/Shores area land at least has gone up 10-15% and from the looks of it, it's going up not down. Tho, when one throws an active volcano into the mix that hits the news as a risk to cutting off 130, the prices have been kept from going up much.

Longs Drugs was number 1 in the entire state for sales for last 2-3 years... I don't see the slowing at all. For the new mall, I don't see them having any problems as of yet. Esp, with a brand new funded park (poorly planned) all be it, it will still add to the community and draw of more people wanting to come.

Depending how fast the new flow of the volcano stretches out this go around. It could make prices drop the closer it comes to 130... As for the 4 lane highway, Dunno what you are talking about just on paper??? You mean, all that extra land bought out from everyone to widen out past HPP was just for looks and on paper? I think if anything it will continue the next leg and will make the drive into hilo even smoother if they don't get it to hawaiian beaches... One day it will happen, Maybe I am optimistic


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[pahoated]

Just trying to address all the delusional hallucination here with statistical data. I know that is sacrilege with Punatics, where emotionalism and bipolar reign supreme.

These two charts show home sales have slowed in Hilo and HPP over the past year, while median prices stay the same or now appearing to drop.

http://pics4.city-data.com/ctrends/ctr4415.png
http://pics4.city-data.com/ctrends/ctr4419.png

People just need to get over it. There is a bunch of transplant loons that keep imagining they know what is ahead for south Puna and that it's going to be turned into an industrial park/high rise resorts. There is something seriously mentally wrong with these people. The new shopping center isn't really related to development, more like some business people doing market analysis and seeing how much traffic is going to town for additional grocery shopping and services, enough to support a new shopping center. It is a response to the large growth from 10 years ago, not an indicator of what is ahead.

"We come in peace!" - First thing said by missionaries and extraterrestrials