Kauai inventory continues to decline and move toward a more balanced market. Associated with this is increased difficulty in finding a home for buyers. Also observed are increased occurrences of competiting offers. The 2 charts below show large differences in today's market compared to last ye
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09/07/2012
Kauai held it's 4th annual marathon yesterday. The race began at 6 AM in front of Poipu Shopping Village and ended near the Poipu Sheraton. Record participation by 1,829 participants included 553 from Kauai. Others came from throughout the United States and from 15 countries. The winner fini
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09/03/2012
The Kauai real estate market is undergoing a major shift with many instances of multiple buyers competing for the same property. This has become frequent on Kauai's East Side where the residential absorption rate is now well below 6 months. Kauai central region (Lihue) condos are also just abo
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08/13/2012
As the Kauai real estate market has become incresingly active, my business is booming and I struggle to find time for my AR posts. My solution is to be less wordy and let the pictures speak for themselves. Look at the 2 charts below which are a measure of inventory or months supply. One only n
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06/19/2012
The inventory picture continues to improve on Kauai. At one time all areas of the island had a supply of homes well into the undesirable "red" zones, now there are many that are approaching a balanced market. The Central/Lihue market continues to be the best performing. Big improvements are st
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03/16/2012
The number of Kauai foreclosure properties for sale is small and not likely to grow in the coming months. Much of this is due to new Hawaii laws regulating the foreclosure process which makes it more difficult and much longer in duration. With most foreclosures moved from non-judicial to judici
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03/16/2012
Kauai's South Shore condos include those in Kalaheo, Koloa, and Poipu. Poipu is one of Kauai's premier resort areas and home of world-famous Poipu Beach. While most Kauai properties are fee simple, Kiahuna Plantation is one of the exceptions where price does not include the land which is leased
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03/16/2012
Kauai Absorption Rates Show A More Balanced Market Kauai absorption rates continue to move toward a more balanced market. The Lihue area leads the way with a supply of homes and condo well below 12 months. The South Shore, once a very troubled area, has also seen a dramatic recovery and now has
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01/14/2012
Kauai real estate sales for 2011 presents a mixed picture that is heavily dependent on the the island region. Overall, 2011 prices were down from 2010 but the big exception was Kauai's South Shore, a major tourist destination area. On the South Shore, large increases in sales price were seen i
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01/09/2012
Our Kauai real estate absorption rate continues to move toward a balanced market although we're not there yet except for the Lihue condo market. There has been a huge improvement compared to a little over 2 years ago (see 2nd chart). Of course that is from a seller's perspective; for buyers it'
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07/24/2011
