The underlying economic metrics for Hawaii have been on the mend for a solid 18 months. However, the recovery and its pace have quickened considerably in the past 8 months. This has been partially fueled by the U.S. economy in general, but the fundamentals of Hawaii’s economy have their own historical idiosyncrasies. With a brief respite in value during 2008 and 2009, land values in Hawaii have continued a steady upward climb, but the overall impact of the pain from a few years ago have remnant effects which create a unique set of …Read more.
