Presented by Aloha PottsIssue 29 – Q1, 2013 Aloha from your resident experts! Of the 13 listings in the 1st quarter of 2013, 7 were pending and 2 were sold at the end of the quarter. Two listings were canceled, and another went into escrow today, so there is now only one active listing! There are three short sales in escrow at this time, and currently no active listings that are distressed properties. With only 1 active listing and no 2 bedroom listings at this time, we have buyers waiting for listings, especially upstairs listings. Current listing inventory consists of 1 one bedroom downstairs unit; the one 2/1 downstairs unit went into escrow today (4/17). We are experiencing stronger demand for aina nalu condos as occupancy seems to be strong and inventory levels decrease, resulti...
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