Why is Hawaii Real Estate “crazy overpriced” ?
Val from Rocklin CA asked us that really short question and our panel turned it into a discussion. Hawaii real estate is some of the most expensive in the country. Does that mean it’s overpriced? How does one determine if in fact real estate in Hawaii is overpriced? Economics fans will probably enjoy this conversation and I hope you do too.
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
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Aloha , I think the team covered it well for the question of why hawaii seems so overpriced?
Another consideration for me was compared to other major tropical islands , like PRico , Dominica Republic, Costa Rico , USVI’s BVI , Bahamas, all which I have explored , U can’t find anywhere or anything like Hawaii .. Bottom line it’s unique and highly desirable for good reasons. Hence the price.
Btw i grabbed a cute very rentable studio w a lanai in the Kona area after the 4th day on the market unseen . Had spent a month looking in Nov and knew where I wanted to be and what i w ted to spend . full,price of course . Plus an awesome realtor Still like watching ur videos.
Mahalo for the kind words and so glad you found a place!