Big Island real estate update
The Big Island or Hawaii Island real estate market saw a substantial uptick in the quantity of homes sold and condominiums purchased. In February 2011, there were a total of 111 single-family homes purchased, representing a twelve percent increase from February 2010, when 99 single-family properties were purchased. Interestingly, the increase in sales volume in February was accompanied by a spike in the median price. This may indicate some considerable strength in the housing market because a rise in sales [...]
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