Just a few weeks ago I pointed to a story in the Honolulu Advertiser that showed the median home price on O’ahu hit $505,000 in January. Just one month later it hits $525,000, a 4% increase! Great if you’re a realtor or homeowner anxious to sell; bad news for people trying to avoid homelessness or being a contributor of the flow of people out of the state.
Home Pricing Madness.
