09-18-2006, 05:24 AM
Call me naive, but I still think the BI real estate market is in a correction and not a crash. The simple fact that this remains the most affordable place in Hawaii will shift a lot of the remaining people (boomers and otherwise) interested in moving to Hawaii this way. The speculative builders have already left the market, according to a realtor friend, so it may not be all that long before demand catches up with supply. It will be interesting to see how it goes.
Aloha,
Jerry
Aloha,
Jerry