09-11-2006, 08:59 AM
My observation is inexpert but is based on --oh, shall we say-- recent experience. I may not be correct, but this is what I have seen. My experience is that GOOD properties are still going at a pretty quick clip. There is a generalized slowdown in the market. Market time has increased, but good properties (location, amenities, etc) get snapped up.
They say location, location, location. The mega-location here, Hawaii, is incredible -- a one of a kind place in the world. There are locations within Hawaii that are less desireable, but overall the prognosis is pretty good. That is why I am trying to get there!
Of course, mega-events could change things. China could invade Taiwan, and then, when we complain, call in all of the debts we owe them. The price of travel could skyrocket. Who knows.
Anyway, helping me sort this out have been several very wise people: John Dirgo, John Rabi, Punamom, and many others who have e-mailed me privately.
The very essence of a professional is that they will try to give you an objective take on the situation. Ultimately, it is opinion. No one has a crystal ball. That is the best you can ask of such people. It is unfair to presume some sort of bias, simply because a person is in a given profession, and to assume they simply want to feather their nest. I don't see that happening here.
The professionals on this forum are quite credible and I value their advice greatly.
Indeed, part of what is pulling me toward Puna is the quality of people contributing to this forum. Relative affordability is the first consideration, but the people of Puna (and who hold an interest there), strike me as an intellectually attractive group.
That adds value to Puna real estate, too.
They say location, location, location. The mega-location here, Hawaii, is incredible -- a one of a kind place in the world. There are locations within Hawaii that are less desireable, but overall the prognosis is pretty good. That is why I am trying to get there!
Of course, mega-events could change things. China could invade Taiwan, and then, when we complain, call in all of the debts we owe them. The price of travel could skyrocket. Who knows.
Anyway, helping me sort this out have been several very wise people: John Dirgo, John Rabi, Punamom, and many others who have e-mailed me privately.
The very essence of a professional is that they will try to give you an objective take on the situation. Ultimately, it is opinion. No one has a crystal ball. That is the best you can ask of such people. It is unfair to presume some sort of bias, simply because a person is in a given profession, and to assume they simply want to feather their nest. I don't see that happening here.
The professionals on this forum are quite credible and I value their advice greatly.
Indeed, part of what is pulling me toward Puna is the quality of people contributing to this forum. Relative affordability is the first consideration, but the people of Puna (and who hold an interest there), strike me as an intellectually attractive group.
That adds value to Puna real estate, too.