Overall Kauai real estate inventory continues to trend downward which could be a sign of good things to come in 2009. While it's still a bit early to declare this a trend, it is nevertheless encouraging after enduring a relentless climb that began 2 1/2 years ago.
Unfortunately our resort area of Poipu is not yet improving as mainland buyers continue to stay away. Poipu has a large inventory of vacation condos which will only begin to sell once our mainland buyers return. Long term, Poipu's future would seem to be bright as it's within a Vacation Destination Area and thus not affected by Kauai's new restrictions on vacation rentals.
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[Information herein is based on 3rd party reports that are deemed reliable but content is not guaranteed]
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