05-26-2024, 05:26 PM
If prices were rising, that would be my guess. However, prices are dropping. Someone with enough cash to buy a home in Hawaii likely has a level of economic sophistication which compels them to avoid depreciating assets. The smart money is in observation mode.
As much as I dislike saying it, this could be part of the reason we see the majority of the activity in the under $400,000 prices. Less exposure to critical information.
As much as I dislike saying it, this could be part of the reason we see the majority of the activity in the under $400,000 prices. Less exposure to critical information.