There is no better time to be on the lookout for real estate bargains, especially for land in some of the most desriable locations like Hawaii. The Aloha State has become a desirable place for vacation and retirement homes over the years. Hawaii’s Big Island provides a tremendous variety of climate zones, from arid to tropical and even mountaintop because it is so large. Here’s a source for a discussion that contrasts differences in climate, water temperature and even economic factors between Hawaii and California.
On the rainy side is the historical town of Hilo. There is a reason that this area feels so tropical; it rains nearly every day. The county of Hawaii has its primary government offices in Hilo. If you prefer the wetter tropical environment, consider Big Island real estate in Hilo.
On the west side of the island is the Kona District. Because of the direction of trade winds, much of the moisture is squeezed out of the incoming air when it passes over the numerous volcanoes. That is why Kona is generally much drier. Most people seem to be inclined to the dry side, since there is more sunshine on average in Kona than in Hilo.
With Kona coffee orchards common at higher levels and a large percentage of parcels offering amazing ocean views, you can find hundreds of Hawaii land options in this slow economy. Prices are way down from their maximum levels in 2006 and you can find some amazing discounts on beautiful estate homes. There is an atmosphere about the Big Island that is different than the other islands. This might be a good time to look at Kona real estate if you are in the market for a second home.