Kauai real estate seems to be picking up.  There are currently 177 properties in escrow, 31 LAND, 57 CONDOS, and 89 homes.  24 are bank owned, REO,  and 32 are shortsales.  60 properties sold in March, 11 were REO, and 5 were short sales.

With the deadline on 4/30/2010 fast approaching, there has been a lot of buyer activity and well priced properties are going under contract very quickly. 

Some of the current REO listings:

Luxury in the making!! 

MLS 233650

$900,000

Perched on a hill, this Lawai property boasts sweeping views from nearly every room and the decks.  This construction project will let the lucky buyer  finish it up how they want it to be. Click here for more info, or text 36355  to  79564

MLS 232974

Large house in Ulu Ko subdivision.  Addition not completed.  3 bed/2.5 bath 2226 sf  $434,900

MLS 232990

Home on a large lot in Kapaa Meadows, needs TLC  3 bed/1.5 bath  $249,900

MLS 230166

The Makahuena at Poipu

Priced to sell.  This is a 2 bed/ 2 bath unit in building 1. Nice ocean view from the lanai.  Makahuena allows pets for owner occupants. $409,500

See more information here  or text 8728 to 79564

 MLS 228473

Unit A304

Fabulous unit at the Waipouli Beach Resort.  2 bedroom 3 bath OCEANFRONT/BEACHFRONT  Unlike many REO properties, this one comes "TURN KEY" fully furnished. Last sold for $1,750,000  listed NOW for ONLY $907,900-- GET IT WHILE YOU CAN!

 More next week.

You can search for any Kauai property on my website at http://www.sheilamorales.com/mlssearch.html