Hawaii_Real_Estate___Paying_for_Paradise

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Hawaii Real Estate – Paying for Paradise


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367


Summary:
Where does one even begin to start when discussing the island paradise of Hawaii. Perhaps with an inflated
Hawaii real estate market for those considering relocating.



Keywords:
hawaii, hawaii real estate, hawaii homes, maui, maui real estate, honolulu, ohau, waikiki, lahaina



Article Body:
Where does one even begin to start when discussing the island paradise of Hawaii. Perhaps with an inflated
Hawaii real estate market for those considering relocating.


Hawaii


Formed by volcanoes, Hawaii is a collection of islands that feel like paradise. In fact, the islands continue to
grow with active volcanoes consistently producing new lava flows and adding to the land mass. Loihi is
going to be the newest island, but is still underwater at this point. If you have a long-term view, however,
you can start saving money for a deposit now!


Each island of Hawaii has unique features to satisfy the desires of anyone locating. You can get rain forest,
soaring mountains, prairie like areas and, of course, beaches, beaches and more beaches. If you love the
ocean, there is no better place to live than Hawaii.


Maui


Perhaps the most popular of the islands, Maui is a hot spot for travelers seeking fun in the sun. Ripe with
beaches and golf courses, one can’t help just looking around and admiring the view from practically
anywhere on the island. Lahaina is the main resort area in the north and Wailea is a surf mecca on the south
end of the island.


Honolulu


Located on Oahu, Honolulu is the biggest city in Hawaii with a population of roughly 400,000 residents.
With the major airport in Hawaii and beaches of Waikiki, Honolulu is the first designation of most travelers.
The city is situated up against mountains and is about the only place you’ll find skyscrapers and traffic jams
of freeways. With only 400,000 people, the city is not over populated. Still, it is a city and probably the least
attractive location on the islands. In Hawaii, that is a very relative statement.


Hawaii Real Estate


Hawaii is a paradise and Hawaii real estate prices reflect it. Surprisingly, the prices are actually a little less
than California. A single family home in Honolulu is going to set you back roughly $730,000, while the
same home in Maui will average $20,000 more. On a positive note, real estate in Hawaii has appreciated at a
rate of approximately 26 percent in 2005.


Hawaii is truly paradise on earth. Unfortunately, the real estate prices reflect it.




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