Price Reduction Results in OFFER!

By
Real Estate Agent with Century 21 All Islands

 

In my previous post " Kauai REO only $194,500I highlighted an REO on the North Shore of Kauai that I felt represented an amazing value. Well I was not alone, only 8 days after a price reduction this property which was on the market for 111 days went into Escrow.

What does this mean? Some would say that this is a representation of an improving market, others might say that prices are still coming down. No matter what your interpretation is I believe that this highlights 2 important points,

1. That there are SERIOUS BUYERS that are ready to buy at the right price.
2. That the "GOOD DEALS" don't last long and won't be there forever. 


If you are ready to Buy or Sell,
Call me I can help you decide if the time is right for you to find your piece of paradise.





Nathan Smith-RA
Century 21 All Islands




This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.  Copyright ©7/19/2011
    $194,500

Island of Kauai, District of Hanalei
2 Bed, 2.00 Bath Condo Attached Fee Simple Property Located in PUAMANA
3880 Wyllie Rd, #25B Princeville HI 96722


 

Price: $194,500
 

 

 

Comments (1)

Michael Kitsch
Coldwell Banker - Katy, TX
Yes, lowering the price can sometimes escalate great results. Patience!
Jul 19, 2011 04:45 PM