Purchasing My First Home in Hawaii
Here it is, the first post in this ingenius blog that I dreamed up. The reason I’ve created this blog is to give myself a place to document my journey as a first time Hawaii home buyer. For those of you who don’t live in the magnificent state of Hawaii, our home and condo prices are some of the highest in the nation! Our average salary in Hawaii is pretty pathetic as well and if you combine those two, it makes it nearly impossible for average Hawaiian families to purchase real estate here. According to hawaiianrealestate.com, the median price for a Hawaii home in October 2007 was $655,000! Even if you could afford a $655,000 house here, you’d be lucky to get something in Honolulu and in decent condition. $655,000 won’t get you a very large house either so for those that have a large family you better get those tents up in the yard.
So my plan is simple. Make a lot of money so I can buy a cramped overpriced house in Honolulu! It’s on!