Sunday, January 15, 2006

"Swinging in Buyers' Favor" in Hawaii

"A cool front has wafted westward to Hawaii's housing market, where declining home sales and higher inventories are keeping a lid on prices in a rarefied part of the country where appreciation exceeded 30 percent last summer.

Although home values on the island state remain relatively high by historical standards -- comforting news for the many Californians who own property there -- the market appears to be swinging in buyers' favor after a half-decade run-up."

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