02-08-2011, 03:39 AM
quote:
Originally posted by dinulya
Well, we are one of those buyers who are out there. We've been working with a realtor since Sept. 2010, and made an offer on a house in HPP in October, but lost to competition. There were 5 offers for that house, we came in 3rd.
Since then I saw many houses disapper from the market, and only few show up in our desirable price range, condition, size, location, etc. In January, when we came to the island to look at properties in person, there were very few to look at, quite frankly. I think Hawaii market is bottoming out.
We did make an offer on a house in HPP about 3 weeks ago for the full listed price. There was a competing offer on a table as well. Ours got accepted by the seller, however this is a short sale, so we are waiting for an answer from the lender.
interesting. that has not been our experience at all. We first looked last January 2010 and then again in September 2010. We spent 4 months renting here looking in this area and mainly it was our fulltime job. It really paid off for us. We looked at over 100 houses and found our dream house that fit all our criteria.
It may be you are looking for different things than we were and maybe in a different price range. I did notice the low end HPP houses go very quickly and have competition. Everyone seems to want the cheapest ones. Have you gone to the alohaliving.com site? We checked it daily.
Good luck with your short sale house. We decided not to go for the short sales. Not worth the time it takes for us.
hawaiideborah