“对于买家依然时残酷的，” Prudential Advantage Realty的主席Myron Kiriu说。 “如果你有房屋卖，只要价格合理，就会有六到二十个买家出价，然后只有一个买家能得到这个物业。”
“需求是供给的十几倍的形式下，” Kiriu补充说， “我遇到的很多人都认为夏威夷的房价会增长。”
Planned subdivisions — including Castle & Cooke Homes Hawaii Inc.’s 5,000-home Koa Ridge development and D.R. Horton (NYSE: DHI)-Schuler Homes Division’s planned 11,750-home Hoopili project — won’t necessarily satisfy the amount of inventory needed.
“We just see so many people disappointed with what they see in the inventory,” said Carole Manuwa, a Realtor with East Oahu Realty. “There’s a lot of old inventory and it just doesn’t satisfy everyone. Even with those new projects, you will still have people who prefer a neighborhood.”
John Harris, broker/owner of Re/Max Honolulu, estimated that new single-family-home development is at least three to five years down the road, and inventory of single-family homes on Oahu is at about 1,000 — the lowest the industry has seen in a while.
Looking into 2013, the real estate executives said they expect to see more buyers from foreign markets as interest from Asia continues to grow.
“It’s hard to measure the Chinese market; some of that is coming through Canada,” said Myra Brandt, owner and broker ofKahala Associates.
“Japan is still our primary buyer but Australia is the second.”