I was just looking at a website called HousingPredictor.com, when I ran across their Top 25 Real Estate Market Forecast for 2008.  Those who own real estate in Maui have reason to be optimistic or at least relieved.  According to this forecast, Maui is fourth in the top appreciating U.S. markets with a projected 5.6% increase in values.  Honolulu was second overall with a forecasted increase of 6.8% for 2008 making Hawaii the top appreciating U.S. state overall.  Kauai is another area that is expected to do well with a forecasted 4.9% appreciation for this coming year.

Traditionally, Hawaii’s real estate market has had less housing stock than qualified buyers have as well as fewer foreclosures than many areas.  These factors have helped to make Hawaii a housing market that can thrive while others are ailing.  And although Maui home sales and Maui condominium sales are down, the inventory of homes has actually declined bucking the national trend.

If you own property in Hawaii, you will be glad to hear this news especially if you have been waiting for home prices to level off before selling.  If you have recently bought real estate here on Maui, you can relax knowing your investment will not lose value and will potentially gain throughout the coming years.  If you are thinking of buying a home on Maui, this news should help put your mind at ease that Maui is not following the national trend of declining home sales and home values.  Click to read more about Hawaii at HousingPredictor.com

Though one should do their own independent research before deciding whether this or other online, independent forecasts are accurate, Housing predictor’s forecasts for 2007 were correct within a +/- 1 to 2 % margin.

Here at Fox and Fox Maui real estate consultants, we have the knowledge and experience to help you make sense of what is going on in the world of Maui real estate.  If you need more information about Maui homes or Maui condos, please do not hesitate to call us.

I was just looking at a website called HousingPredictor.com, when I ran across their Top 25 Real Estate Market Forecast for 2008.  Those who own real estate in Maui have reason to be optimistic or at least relieved.  According to this forecast, Maui is fourth in the top appreciating U.S. markets with a projected 5.6% increase in values.  Honolulu was second overall with a forecasted increase of 6.8% for 2008 making Hawaii the top appreciating U.S. state overall.  Kauai is another area that is expected to do well with a forecasted 4.9% appreciation for this coming year.

Traditionally, Hawaii’s real estate market has had less housing stock than qualified buyers have as well as fewer foreclosures than many areas.  These factors have helped to make Hawaii a housing market that can thrive while others are ailing.  And although Maui home sales and Maui condominium sales are down, the inventory of homes has actually declined bucking the national trend.

If you own property in Hawaii, you will be glad to hear this news especially if you have been waiting for home prices to level off before selling.  If you have recently bought real estate here on Maui, you can relax knowing your investment will not lose value and will potentially gain throughout the coming years.  If you are thinking of buying a home on Maui, this news should help put your mind at ease that Maui is not following the national trend of declining home sales and home values.  Click to read more about Hawaii at HousingPredictor.com

Though one should do their own independent research before deciding whether this or other online, independent forecasts are accurate, Housing predictor’s forecasts for 2007 were correct within a +/- 1 to 2 % margin.

Here at Fox and Fox Maui real estate consultants, we have the knowledge and experience to help you make sense of what is going on in the world of Maui real estate.  If you need more information about Maui homes or Maui condos, please do not hesitate to call us.