Maui Is # 3 Hottest Market In U.S. For 2008

The Maui real estate market isn't anything like the Florida, Las Vegas or California real estate markets. I have been so busy that I have not had time to update this Blog in several weeks. Real Trends, a company called Housing Predictor, has released its annual Hottest 10 Buyers Markets report. They name the top 10 markets where real estate is still appreciating, despite a slowing economy and housing crisis. Two of the top ten are in the State of Hawaii. Honolulu is number 1 and MAUI IS NUMBER 3!! Buyers need to understand Maui is a limited commodity (tropical paradise) that attracts international buyers unlike most of mainland U.S.A. The falling value of the dollar is making Hawaii an attractive buy. The inquiries being experienced by the good agents from international buyers, especially Canada, is overwhelming. 2008 should be an interesting year. If you are sitting on the fence, now is the time to buy.