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Article: Big Island home prices dip
- Article from:
- Honolulu Star - Bulletin
- Article date:
- July 7, 2007
- Author:
CopyrightCopyright Honolulu Star - Bulletin Jul 7, 2007. Provided by ProQuest LLC. (Hide copyright information)
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Though the Big Island garnered national publicity for being one of the hottest second-home markets earlier in the year, residential real estate on the Big Island last month more closely resembled the old adage -- what goes up, must come down.
All single-family home markets on the Big Island posted significant declines last month except for Kau and South Kohala, according to figures released yesterday by the Hawaii Information Service. However, June figures indicate that Kauai -- which was one of Hawaii's earliest markets to increase -- has entered into a more stable period.
The number of previously owned single-family homes sold on the Big Island was down 18.83 percent for the first half, ...