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Recent 3rd quarter statistics for Kauai appear to indicate a leveling off of pricing in the market.  Numbers indicate that sales are up and median pricing is also slightly up, leading to the notion that the bottom of the market may be behind us.  This is great news for buyers and sellers.  Buyers can take advantage of the low prices and look forward to increases in value in the coming months and sellers can finally make friends with current market value and sell their homes.

Kauai Sales Statistics

While the market stabilizes itself, the matter of the mortgage financing crunch and the possible loss of the mortgage interest tax allowance looms large.  We can only use our influence as realtors with the NAR to lobby against any further injury to the housing market...but that's for another post. 

In the meantime, buying while the pricing is good can only help your clients realize their dreams now.  Happy selling!!

 

Home Value: Buyer vs. Seller
Nance Overton, RA, CDPE (RE/MAX Kauai)
It may seem obvious to most real estate agents that Buyers and Sellers have two very different values for the same home and for very different reasons. The trick is to get the two (Buyer and Seller) on the same page. This situation is not so obvious…
Important for Home Buyers
Nance Overton, RA, CDPE (RE/MAX Kauai)
If you are looking for a home but you think you can't quite qualify, please check out the Mortgage Credit Certificate site at http://hawaii. gov/dbedt/hhfdc/homebuyers/MCC_html Basically, this credit reduces the amount of taxes you pay to the…
When Should the Buyer Start the Loan Process?
Nance Overton, RA, CDPE (RE/MAX Kauai)
Each state has different requirements and time lines concerning the real property purchase process. A major part of this process is, of course, the loan process. As real estate agents, we must be certain to educate our buyers on this process and its…
"Why not use the listing agent?" queried the Buyer...
Nance Overton, RA, CDPE (RE/MAX Kauai)
… "after all, he has all the info on the property and knows what the seller will accept! I'll get a deal! " Really? Under no circumstances will a listing agent tell a buyer or a buyer's agent how low the seller is willing or able to go. This is…
Fine Living in Paradise
Nance Overton, RA, CDPE (RE/MAX Kauai)
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Island Style Living
Nance Overton, RA, CDPE (RE/MAX Kauai)
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Foreclosure, Short Sale, or Auction?
Nance Overton, RA, CDPE (RE/MAX Kauai)
In today's market, the term "foreclosure" is bantered about quite freely and used to cover the varying stages of the foreclosure process. Foreclosure: This is a property that has been foreclosed on and the bank now owns it. Also known as an REO..
Communicating with Clarity
Nance Overton, RA, CDPE (RE/MAX Kauai)
As real estate agents, we deal with contracts, paperwork, and many diverse situations on a daily basis. Any of these matters can easily cause confusion for our clients. We have to remember that in representing our buyers and sellers, we must be very…
Seller Surprises? NOT!!
Nance Overton, RA, CDPE (RE/MAX Kauai)
In this time of buyer's markets, the seller concerns seems to have been lost in the shuffle. Because the home prices are coming down and sellers are usually taking a hit on their investment, many want to spend as little as possible selling their…
 
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Nance Overton, RA, CDPE

Princeville, HI

More about me…

RE/MAX Kauai

Address: HI

Office Phone: (808) 826-0119

Cell Phone: (808) 346-0872

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