The frog effect
February 15th, 2008 by Jeff Daley | no responses
Information, advice and news about finding luxury homes in Scottsdale, Arizona. Please contact us at (480) 595-6412 for a free consultation today!
Luxury Valley Homes - Scottsdale, AZ Real Estate Blog
Highest Rated
- Welcome to the Scottsdale Arizona Real Estate Blog by Luxury Valley Homes!
(5 out of 5) - Scottsdale Real Estate - Positive or Negative
(5 out of 5) - $175 million sale sets new U.S. residential sales record
(5 out of 5) - Do You Ever Stay At a Hotel - Watch This!
(5 out of 5) - The frog effect
(5 out of 5)
- Welcome to the Scottsdale Arizona Real Estate Blog by Luxury Valley Homes!
Click stars to vote (left is low, right is high)
(1 votes, average: 5 out of 5)
Loading ...
The current mortgage and financial turmoil may be keeping you awake at night, but Hawaiian Realtors now have another worry. Noisy frogs are being blamed for a drop in home prices on The Big Island. Yes, you heard that right, frogs. A very loud species has overrun the island and the sound of its chirps can reach 70 to 100 decibels, something akin to a roaring lawnmower.
A recent news note in the Wall Street Journal reports that University of Hawaii economists estimate that the frog has damaged home prices to the tune of $22.5 million on the Big Island. Concerns are that when the inter-island Superferry begins operations in 2009, the frogs will migrate to other islands causing substantial noise problems and perhaps stimulating home price reductions.
Don’t worry if you hear that Hawaiian Realtors are kissing frogs. They are probably trying to silence them by turning them into princes.
Share This - Instructions included
The Author: Jeff Daley
About: Jeff Daley, is a REALTOR® and owner/agent with Keller Williams Realty - Scottsdale and a member of the international Institute for Luxury Home Marketing where he took specialized training in the selling and marketing of upper-tier homes. He holds an MBA from George Washington University and rose through the ranks to senior management within Lucent Technologies before taking early retirement in 1999 and starting his second career in real estate. Jeff has won numerous awards in real estate, is a Certified Luxury Homes Marketing Specialist, a member of the Millionaire Guild, is published in national publications, and is an instructor for real estate. He and his wife and partner Jane, have their business and home in Scottsdale, Arizona where they specialize in Luxury Homes.
This entry was posted by Jeff Daley, on Friday, February 15th, 2008 at 5:17 am and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response on the right, or trackback from your own site.
