Hawaii Real Estate – Prudential Locations Releases ‘State of Real Estate’ Report

RISMEDIA, March 18, 2008-Prudential Locations, Hawaii’s largest locally owned and operated real estate company, unveiled its special “State of Real Estate” report. The new, comprehensive report is designed to provide consumers with expert insight into Hawaii’s 2008 real estate market-featuring well-known real estate research expert Dr. Mike Sklarz of New City Technology and Bank of Hawaii chief economist, Paul Brewbaker as well as a number of seasoned Prudential Locations agents.

The new report focuses on what it deems the $650,000 question for Hawaii real estate-Is Hawaii’s real estate market in 2008 high-flying, falling or flat? To answer this question, the report provides in-depth historical perceptive, forecasts pricing and sales trends and closely analyzes the impact of mainland and international influences.

“We are excited to provide consumers with this free special report for the very first time,” said Prudential Locations’ Executive Vice President of Sales, Scott Higashi. “When navigating Hawaii’s unique real estate market it is essential for buyers and sellers to understand market factors to help them make knowledgeable decisions. For instance, despite news about mainland housing troubles, it is important to remember that our islands’ real estate market is considerably different – each neighborhood in Hawaii has their own nuances and different market conditions.”

The report highlights thirteen neighborhoods across Oahu and Maui-each spotlight includes a neighborhood description, explains historical and current market conditions as well as offers expert real estate knowledge specific to each community.

The report also offers tips on how prospective buyers, sellers and investors can make the most of Hawaii’s real estate market this year-explaining the correlation between interest rates and consumer buying power as well as the importance of pricing properties at market value.

“Seasoned agents from Prudential Locations have provided their extensive market knowledge to create this special report-this is free expert information that consumers would normally have to retain an agent to receive,” added Higashi.

For more information, visit www.prudentiallocations.com.