Prudential Locations Releases "State of Real Estate" Report on Hawaii Real Estate

Honolulu, HI (PRWEB) March 12, 2008 -- Prudential Locations, Hawaii's largest locally owned and operated real estate company, unveiled its special "State of Real Estate" report today. 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 Prudential Locations' "State of Real Estate" report is free and available for download at www.prudentiallocations.com.

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.

Prudential Locations has the largest real estate research database on Hawaii's real estate market, and is the only source for detailed and concise information on more than 1,000 specific neighborhoods statewide. The research is available to consumers through Prudential Locations agents or the website, www.prudentiallocations.com.

Note to Media: Prudential Locations' "State of Real Estate" report is available online and by request. Prudential Locations' executives are available to comment on the report and on real estate market trends in general. Please call Monica Salter at 808-265-0073 for media requests.

About Prudential Locations

Prudential Locations LLC is a multifaceted real estate company with a rich kama'aina tradition in the islands of Hawaii that boasts over three decades of extensive local experience and connections to offer its clients. To benefit customers, the Prudential Locations website, www.PrudentialLocations.com, shows every home, land, condo and real estate listing on Oahu, Maui, Big Island, Kauai, Molokai, and Lanai, with detailed property information to assist its clients. By being a leader in real estate market research and knowledge and continually training more than 250 real estate agents, Prudential Locations produced more than $1 billion in sales in 2007. Prudential Locations was established in 1969 with offices and affiliates throughout the state, and is an independently owned and operated member of the Prudential Real Estate Affiliates, Inc.

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