kauai real estate absorption: Kauai Market Continues to Tighten
- 06/19/13 03:38 AM
As most in-the-trenches real estate agents will tell you, Kauai inventory is down and it's getting harder and harder for buyers to find their dream home. The corellary is that it continues to be a hot market for sellers. There is already a significant difference in Kauai absorption rates from those published at the end of March. The West Side increase is an anomoly likely caused by a small data size. With the traditional definition of a balanced market of 6 months, clearly many areas are well into the Seller's Market territory. Sellers take note, now is a great time to get … (1 comments)
|
kauai real estate absorption: Is Kauai Real Estate Oscillating From An Overshoot?
- 03/31/13 08:52 AM
It was a bit of a surprise to see that Kauai real estate absorption rates have increased since my end-of-year update. In-the-trenches people I talk with complain about a lack of inventory and having moved from a Buyers Market to a Sellers Market. However, all Kauai regions are now back above the 6-month classical definition of a Seller's Market. This is evident when comparing the March 31 chart below with the December 30 chart below that one.
Review of the data shows the number of sales are indeed down (as are active listings) in the first quarter compared to the last … (0 comments)
|
|
|
|
As most in-the-trenches real estate agents will tell you, Kauai inventory is down and it's getting harder and harder for buyers to find their dream home. The corellary is that it continues to be a hot market for sellers. There is already a significant difference in Kauai absorption rates from those published at the end of March. The West Side increase is an anomoly likely caused by a small data size. With the traditional definition of a balanced market of 6 months, clearly many areas are well into the Seller's Market territory. Sellers take note, now is a great time to get … (1 comments)
;)
;)
;)
