Some areas of the nation are seeing short and REO sales in such large numbers that they are the majority of all sales, On Kauai they were only about 1/4 of our overall sales in the month of September.  What remains to be seen is whether we have escaped the worst or whether it just hasn't arrived yet.  I have joined the Keller Williams Realty short sale and REO team so as to be prepared in case it's the latter while hoping that it isn't.

Data below is based on agent reports for September which are not audited for accuracy.

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Kauai pie chart

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This post has been included in Hawaii Information Kauai County, HI Information

2 Comments on Kauai's Distressed Market Share

OCT
05
224,837 Points 8 Featured Posts Localism Sponsor Outside Blog

Here in the Hemet - San Jacinto Valley in so Cal our market is over 95% short Sale and REO combined.  If your not selling Distressed Property you aren't selling.

2:22am • #1
174,054 Points 1 Featured Post

Wow, that's incredible John, I'd not heard percentages like that before.

2:50am • #2

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Richard T Dolbeare (RA), ABR, CRS, RSPS, BS/MS - Engineering Hawaii Dreams Today

Koloa, HI

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Keller Williams Realty

Address: 1819 S. Kihei Rd, Ste. D-110, Kihei, HI, 96753

Office Phone: (808) 651-4550

Cell Phone: (808) 651-4550

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Aloha from Hawaii. Since making the move from an area where Winter meant it was cold and snowy to one where it means rains sometimes last 15 minutes instead of 5, I've made other changes as well including moving from an engineering management position to a real estate professional. I enjoy change and both have been good. I use my blog to discuss most anything relevant to the Hawaii real estate market and my new profession including tips, local information, Hawaiian lifestyle, and embracing change. Visit www.KauaiRocks.com for more information.


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