Lava flow doesn't completely stop home sales - Hawaii News Now - KGMB and KHNL

Lava flow doesn't completely stop home sales

Image source: Extreme Exposure/Paradise Helicopters Image source: Extreme Exposure/Paradise Helicopters

HILO, Hawaii (AP) - You'd think that nothing would kill a real estate market like an active lava flow. But you'd be wrong.

The Hawaii Tribune-Herald reports home sales have not come to a halt in the lower Puna district since the June 27 lava flow began on the Big Island.

But real estate officials do say home sales have taken a significant dive, down about 60 percent from this time last year.

Some people have discounted their homes significantly to get them sold before finding out which direction the lava might go.

The buyers range from people trying to get a great deal on a house to those who don't care about the lava, like retirees who wouldn't have to worry about making a six-hour daily commute if lava isolates the region.

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