February 2012

Found 2 blog entries for February 2012.

People are often shocked when I tell them how strong Oahu real estate has been over the last 10 years.  Prices remain very steady and in some areas are up over the last few years, primarily due to the limited inventory of homes for sale. 

The U.S. Census showed that Hawaii’s 2010 population calculations show Oahu is growing by 200,000 between 2005 and 2030. 

 screenshot2011-02-25at8.43.05am_400

If the population on Oahu grows at roughly 8-percent in the next 20 years, in 2030 the population would be around 1,1 million.  

Here is how we've grown in 1980: 

 

1980: 763,000

1990: 836,231

2000: 876,156

2010: 953,207.  

At this point, the island is not seeing enough new housing construction to keep up with this demand, which is why rents and home prices are so high. 

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 2012 HAWAII BAH Rates

Basic Allowance for Housing:HONOLULU COUNTY

Grade   With Dependents      Without Dependents E1-E4       $1860.00          $1461.00 E5           $1899.00           $1701.00 E6           $2487.00           $1866.00 E7           $2637.00           $1977.00 E8           $2802.00           $2100.00 E9           $2979.00           $2235.00 W1          $2490.00          $1869.00 W2          $2703.00          $2028.00 W3          $2907.00          $2238.00 W4          $3006.00         …
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