Kona Kohala Blog

June 22nd, 2007 4:22 PM

It's a time of celebration for residents of the west side of Hawaii Island as the goddess Pele moves her base of operations and ceases her 25 year long volcanic emission.  Perhaps she's moved south to Loihi, the new sea mount erupting 26 miles off shore or may be she's just taking a break.  It's hard to tell with volcanoes.

North Kona real estate is moving much like Pele's lava flows, slowly but steady.  Our condo inventory continues to grow with over 400 condos for sale in North Kona.  Waikoloa Village has over 50 condos for sale and only 2 in escrow.  North Kona has just over 30 condos in escrow which leaves a large inventory for buyers to choose from.  With recent price reductions in both Kona and Waikoloa, now is a good time to consider condo living or condos as an investment.


Posted by Robert Ferrari on June 22nd, 2007 4:22 PMPost a Comment (0)

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