The Free Report Offers Consumers Expert Insight into Hawaii's 2008
Real Estate Market
HONOLULU--(Business Wire)--
Prudential Locations, Hawaii's largest locally owned and operated
real estate company, unveiled its special "State of Real Estate"
report today. The new, comprehensive report is designed to provide
consumers with expert insight into Hawaii's 2008 real estate
market--featuring well-known real estate research expert Dr. Mike
Sklarz of New City Technology and Bank of Hawaii chief economist, Paul
Brewbaker as well as a number of seasoned Prudential Locations agents.
The Prudential Locations' "State of Real Estate" report is free and
available for download at www.prudentiallocations.com.
The new report focuses on what it deems the $650,000 question for
Hawaii real estate--Is Hawaii's real estate market in 2008
high-flying, falling or flat? To answer this question, the report
provides in-depth historical perceptive, forecasts pricing and sales
trends and closely analyzes the impact of mainland and international
influences.
"We are excited to provide consumers with this free special report
for the very first time," said Prudential Locations' Executive Vice
President of Sales, Scott Higashi. "When navigating Hawaii's unique
real estate market it is essential for buyers and sellers to
understand market factors to help them make knowledgeable decisions.
For instance, despite news about mainland housing troubles, it is
important to remember that our islands' real estate market is
considerably different - each neighborhood in Hawaii has their own
nuances and different market conditions."
The report highlights thirteen neighborhoods across Oahu and
Maui--each spotlight includes a neighborhood description, explains
historical and current market conditions as well as offers expert real
estate knowledge specific to each community.
The report also offers tips on how prospective buyers, sellers and
investors can make the most of Hawaii's real estate market this
year--explaining the correlation between interest rates and consumer
buying power as well as the importance of pricing properties at market
value.
"Seasoned agents from Prudential Locations have provided their
extensive market knowledge to create this special report--this is free
expert information that consumers would normally have to retain an
agent to receive," added Higashi.
Prudential Locations has the largest real estate research database
on Hawaii's real estate market, and is the only source for detailed
and concise information on more than 1,000 specific neighborhoods
statewide. The research is available to consumers through Prudential
Locations agents or the website, www.prudentiallocations.com.
NOTE TO MEDIA: Prudential Locations' "State of Real Estate" report
is available online and by request. Prudential Locations' executives
are available to comment on the report and on real estate market
trends in general. Please call Monica Salter at 808-265-0073 for media
requests.
About Prudential Locations
Prudential Locations LLC is a multifaceted real estate company
with a rich kama'aina tradition in the islands of Hawaii that boasts
over three decades of extensive local experience and connections to
offer its clients. To benefit customers, the Prudential Locations
website, www.PrudentialLocations.com, shows every home, land, condo
and real estate listing on Oahu, Maui, Big Island, Kauai, Molokai, and
Lanai, with detailed property information to assist its clients. By
being a leader in real estate market research and knowledge and
continually training more than 250 real estate agents, Prudential
Locations produced more than $1 billion in sales in 2007. Prudential
Locations was established in 1969 with offices and affiliates
throughout the state, and is an independently owned and operated
member of the Prudential Real Estate Affiliates, Inc.
Bennet Group PR
Monica Salter, 808-265-0073
Fax: 808-440-1376
monica@bennetgroup.com
Copyright Business Wire 2008
