DECLINING INVENTORY
October 8th, 2008Over the last two weeks we have seen a number of cancellations of listings. Then number of condominiums for sale in Wailea-Makena has declined to 160, down from an average of 180 over the last year. Single family homes have similarly declined to 42 from a high of 50. We will keep you apprised as to whether this is a permanent decision on the part of owners or merely frustration with the events of the past few weeks.






