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October 2006

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Quick Post for You:

Report by CNNMoney.com on what markets in the US are overvalued at this time and by how much. Honolulu shows 31% over but it’s not bad compared to some that show as much as 84% overpriced!!!
Worth your time to take a look: http://tinyurl.com/cdb9u


Donna Stott

“Real Estate News for Oahu” with December 2005 Statistics

Reporting January 2006

Hawaii – Oahu – Real Estate Update
Well, it’s been a great ride… what a wave we’ve surfed the last few years!  Oahu Median sales price for a single family home FELL to $610,000.  That’s a change from November’s $640,500 and the low since July this year… It is up from the December 2004 median of $495,000.
The # of sales of homes fell dramatically to only 315 homes sold in December compared to 366 in November & 412 the month before. That is officially a trend now. Same month last year sold 417, or about 100 more than this year. December is usually a good month, with February being the low… If you want to know what YOUR house is worth in today’s market, please e-mail us at: HomeValue@stott.com

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