Hot Housing Market Attracts More Real Estate AgentsInvestors, Real Estate Agents Find Big Money In Flurry Of DealsPOSTED: 5:56 pm HST May 4,
2005 HONOLULU -- The red-hot housing market in Hawaii may have put many renters and house hunters in a real bind. However, it also has created opportunity for others to make money -- in some cases, big money.Just one indication of how the market is attracting people is a look at the number of members the Honolulu Board of Realtors has seen. The number has jumped by 2,000 in the last couple of years. There are now more than 5,000 members.
Video: Even during the interview, she received calls about a new deal. What were her sales like last year?"(I) made $10 million. Not bad for my second year," Ferrell said laughing.She said she loves the market, partly because she doesn't know what the market is like in tough times.The builder of the Portlock home tore down the existing structure to make way for a five-bedroom, 5½ bathroom house. He said there is money to be made in Hawaii's housing market."Oh absolutely, absolutely. There's a good profit to be made. We know what our costs are gong to be. We know what we paid for the land. We have a good idea what it will take to build the house. And if Lori does her job, we'll make a good profit on it," house builder Bruce Robin said.Here are some tips from experts when looking for a realtor: Copyright 2006 by TheHawaiiChannel.com All rights reserved. This material may not be published, broadcast, rewritten or redistributed. | KITV on Facebook
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