Steven M. Starnes's (stevestarnes) Blog

It appears that we may be hitting the bottom for home sales in Hilo and Puna districts.  After large drops in sale prices in late 2008 and early 2009, the decrease moderated in the 2nd half of 2009. Recent contracts over the past couple of months seem to indicate that we are at or near the bottom...

Although I'm primarily working on the east side of the island, I keep my eyes open for good deals near the resort areas in Kona and Kohala.   The median condo sale price in Kailua-Kona and surrounding areas dropped from $335,000 in 2008 to $250,000 in 2009.  Lowest sale price in Kona in 2009 was ...