Kona Kohala Blog

Unlike our society, the real estate market in west Hawaii does have a vibrant middle class.  We also have a lower class, a lowest class, various degrees of middle class and various degrees of upper class.  No matter what price range you're considering we have it.

Today I'll be showing homes to a client in the $1M to $2M range.  Our initial search netted 21 properties that either fit or nearly fit their criteria.  Upon further examination of the homes, we narrowed the field to 11 which we will be seeing over the next two days.

There is an amazing and gratifying variety of homes in all price ranges for sale right now.  This is such a good time to buy.  If you're looking at your future, your investments in the various markets and wondering where to put your money now, seriously consider real estate.

Interest rates are low, under 5% for many loans.  There is a large inventory of homes to choose from meaning there is very likely just what you're looking for out there.  Last, what better place to put your money when every other venue is so unstable.  This is not the time to have a lot of cash.  I'm not an investment advisor but I do know that many of the people buying property today are concerned about the decreasing value of the dollar as the feds print more and more of it.  The dollar slid big time against foreign currencies yesterday when it was announced that the Obama gang would be introducing over a Trillion dollars in new money.

For me, it makes more sense to be holding onto real assets rather than paper money when the inflation hits the fan.  Talk to your financial advisor or estate planner and ask what they suggest in light of all that's going on.  It's a great time to buy real estate.  aloha