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Why Hawaii May Be The Ideal Retirement Location

By: Hillary Lane Home |


All across America, on any given day, countless working men and women escape from their day to day reality by spending pleasurable moments fantasizing about that day, sometime in the future, when they can quit their jobs and retire. For many the dream of retirement includes a move to somewhere warm with abundant sun and sand - paradise. For many, paradise is not just a concept it is a place Hawaii.

Hawaii has many benefits for people of all ages. However, there are certain things that have made Hawaii the ideal retirement location. First of all, Hawaii is blessed with perfect year round temperatures 85 degrees in the summer and around 75 degrees in the winter. The mild temperatures are ideal for people that may be sensitive to extreme heat that sometimes causes fatigue and nausea, or the extreme cold that can irritate arthritic joints and result in other discomforts.

The second thing that makes Hawaii an ideal retirement location is the scenery; it is surrounded by the ocean and ringed with gorgeous white sand beaches. What can be more wonderful than being able to experience the beauty of picturesque mountains, lush vegetation, and an abundance of recreational opportunities, wildlife, and a tranquil, slower paced life style?

Unlike other geographic locations, Hawaii is dominated by a slower paced lifestyle and yet, has the hustle and excitement of Honolulu and Waikiki close at hand. Because Hawaii is comprised of several small islands, it has a sense of friendliness and kindness that is often found in quaint locations.

The final thing that makes Hawaii an ideal retirement location is the price of real estate in comparison to other areas of similar allure - such as coastal Southern California. On the island of Oahu, the median sale price for a single family home in 2005 was $615k. Considering that the median sale price for a single family home nationwide was only $216k, paradise seems to come at a hefty price. However, if you were to compare Oahu real estate prices to those in areas of similar appeal where the median sale price topped 721k in the San Francisco Bay area and 710k in Orange County - Oahu real estate prices don't seem that unreasonable.

Although costly Hawaiian real estate is typically what scares people away from residing on one of the islands, there has recently been a shift in Oahu real estate as the market is cooling off dramatically. Home prices have begun to drop, while the inventory of available homes has skyrocketed. Due to this recent shift, a window of opportunity for retirees is now open so that they can more affordably get into the Hawaiian real estate market.

For anyone in the market for purchasing Hawaiian real estate, it is important to realize that it's become a buyer's market and there is huge opportunity for people who want to make an offer and get a good deal. Sellers are willing to negotiate, and buyers are now commanding the market. With the softened real estate market, temperate conditions, and beautiful scenery, Hawaii may have proven itself as the ideal retirement location.



Article Source: http://www.eArticlesOnline.com

About the Author:
Tony Kawaguchi of Remax 808 Realty has been helping individuals and families with their real estate needs since 1999. By focusing on people's needs and not just a commission check, he has become the highest office producer for multiple years. For more information Honolulu and Oahu homes, or if you are in need of selling Hawaii real estate, please visit http://www.alohatony.com or call (808) 395-5776.
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