Wednesday, August 1, 2007

Top 10 Reasons to Invest in Hawaii Real Estate

I was talking to my long time friend about the real estate market today and she got me thinking about all the great reasons why Hawaii is a prime location to invest in. No matter what the real estate market might look like at any given time, there’s no doubt that over the long haul, Hawaii real estate will always go up.

Why is that? Well, there’s really no new land that’s being created and the land that is being created is well…. Let’s just say that living on a lava field isn’t exactly a great idea. And since there’s no new land, supply is limited. Now, you know the whole deal about how supply and demand works, right?

So here it is! The top 10 reasons why investing in Hawaii Real Estate is a good idea. If you can think of others, feel free to add them to the list.

1. Given enough time, property values will always go up. There will always be an up and down cycle to any real estate market, but real estate values will never be what they were 30 years ago.

2. The Hawaii market always lags the continental counterpart.

3. Aside from inter-island travel, the longest one way trip you’ll ever make on an island is at most 100 miles. In fact, by traveling 100 miles, you could drive essentially around the perimeter of most of the islands. That’s good news for commuters!

4. No matter how far inland you are, you’re never really far from the beach.

5. Weather can vary significantly depending upon where you are on the island. One side of the island can be raining while the other side of the same island has practically no rain at all.

6. The farthest island is about 50 minutes away. Travel to another island within an hour.

7. You can live on one side of a high rise condo and have a spectacular view of both the mountains and the ocean.

8. The temperature difference between summer and winter is at most 40 degrees. Winter temperatures average in the low 60’s.

9. You can live in the tropics and still enjoy convenience stores and Starbucks.

10. You’re kids will think you’re the bomb if you ever gift your Hawaii estate to them!


Coreen K. Nishijo (RA)
The Master's Plan Realty, LLC
ckn0316@hawaiiantel.net
Office: (808) 488-2992

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