Neighbor island condo market remains hot
KPUA.net - KPUA Hawaii News - Neighbor island condo market remains hot: "Posted: Saturday, April 10th, 2004 6:03 PM HST
Neighbor island condo market remains hot
By Associated Press
(Honolulu-AP) -- Low mortgage rates and eager buyers from the mainland fueled a hot condominium market on the neighbor islands last month.
According to Hawaii Information Service, a total of 328 condos were sold last month on the islands of Kauai, Maui and the Big Island, up about 20 percent from March 2003.
There were 59 condominiums sold on Kauai, almost double the amount sold the same month a year ago. On Maui, 182 condos were sold, up from 166 a year ago.
On the Big Island, 87 condos were sold, up from 79.
Terry Kamen of Maikai Properties on Kauai says the surge in condo sales is due to the baby boomer generation buying their retirement homes. "
Neighbor island condo market remains hot
By Associated Press
(Honolulu-AP) -- Low mortgage rates and eager buyers from the mainland fueled a hot condominium market on the neighbor islands last month.
According to Hawaii Information Service, a total of 328 condos were sold last month on the islands of Kauai, Maui and the Big Island, up about 20 percent from March 2003.
There were 59 condominiums sold on Kauai, almost double the amount sold the same month a year ago. On Maui, 182 condos were sold, up from 166 a year ago.
On the Big Island, 87 condos were sold, up from 79.
Terry Kamen of Maikai Properties on Kauai says the surge in condo sales is due to the baby boomer generation buying their retirement homes. "
posted by DP at 1:34 AM
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