Hawaii Real Estate Resource

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Key Takaways from Paul Brewbaker July 2016 Presentation

Paul Brewbaker presented at the Kauai Board of Realtors and Realtors Association of Maui in July.  I attended the Maui meeting and came away with the following takaways.

  • Ecomonic expansion cycles were 2 years before 1929, 4 years from 1933 to 1981, and then 8 years from 1982 to 2007.  Currently we are into year 7 of the upswing which began in 2009.  Hmmmmm...
  • Neighbor Islands have 3.4% unemployment vs 4.7% entire USA.  Tighter than this could generate problems.
  • Stocks looking good, 7.6% price growth from 2011 to 2016.  But...the trend curve appears to be breaking downward.
  • He no longer thinks the Hawaii housing market is "bubblicious".  He thinks the current 2% valuation uptrend is sustainable.

 

Richard T. Dolbeare, R(B) photo

Richard T. Dolbeare, R(B), HI LIc. # RB-20941
145 N Kihei Road Suite A, Kihei, HI 96753
(808) 651-4550 | Aloha@eXp808.com
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Hawaii multi-island specialist, Maui & Kauai

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eXp Realty is a nationwide cloud-based brokerage licensed in Hawaii as follows:

eXp Realty, Lic. # RB-21841, 500 Ala Moana Blvd Ste 400, Honolulu, HI 96813

Comment balloon 2 commentsRichard T. Dolbeare, R(B) • July 31 2016 05:05PM

Comments

Hi Richard,

So, economic expansion is entering a downward cycle, and so are stocks. Both are not good for housing, yet an overall valuation uptrend in housing prices to continue? Like everything else in economic, no clear indicator ...

Posted by Moe Dadseresht, Buyer/Seller agent (Austin Skyline Realty Inc.) over 3 years ago

Thanks for sharing updated information with us. I believe we are at the top of the market soon to head downward.

Posted by Harry F. D'Elia, Investor , Mentor, GRI, Radio, CIPS, REOs, ABR (RentVest) over 3 years ago

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