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!!
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
Large house in Ulu Ko subdivision. Addition not completed. 3 bed/2.5 bath 2226 sf $434,900
Home on a large lot in Kapaa Meadows, needs TLC 3 bed/1.5 bath $249,900
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
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