What tips do you have for potential buyers in today’s hot market?
Megan From Wisconsin was on our live show and she asked the above question. Watch the clip and let us know what you think.
This short clip came from our Aloha Friday Hawaii Real Estate Show which goes live every other Friday on our Hawaii Real Estate YouTube channel or our Living in Hawaii Facebook page
Get educated about Hawaii’s real estate from trusted experts with decades of experience. Send us yours via the form below for consideration and make sure you give your name and location so we can give you a shout out if we decide to answer it!
I live on the Big Island, where (prior to the COVID scamdemic) I made a humble living as a vacation home owner and manager. I couldn’t help but notice back in April 2020 (when mine and other small businesses were deemed non-essential) that real estate agents were able to busily sell off the island to foreigners and folks from the mainland.
I discovered recently that land prices in my neighborhood have doubled or tripled during this orchestrated economic crisis. Next will be a reassessment of our property values and a massive increase in property taxes (most of which will be spent on the already bloated public sector).
So, you can probably imagine how I, and other “non-essential” residents of the Big Island, feel about this interview and the “hot market” in real estate.
This COVID situation was awful and it decimated so many small businesses. Why do you think so many people decided to sell the land they owned to foreigners and folks from the mainland? (Agents can only sell land they’ve been asked to sell) Why didn’t they just hold on to it, like so many on Oahu did?