Decline in Real Estate

[Kelena]

I am inexpert in this, but I can tell you what I have observed in approximately 10 months of watching the market, most intensively in the past 5 months or so. Many houses that were of interest to me have sold. Some, quite quickly. Really nice houses that are not overpriced sell pretty quickly, unless they are in a farflung location. Relative to the rest of the nation, I think East Hawaii is moving at a slower, but still steady clip. Want a place in Hamakua? JUMP. I have no stats to back this up --just sittin' here watchin' and waitin' like an ole spidah.