The chart above shows a clear trend for the reduction in the number of closed sales on Kauai. As demand continues to decline and the supply increases, the resulting downward price adjustment must soon follow. It has become a battle of wills but the Sellers must soon concede to the inevitable. However, in order for cycles to continue their dynamic swings (up and down) the current downward trend is only a preamble for the recovery. Just dont ask me when !!
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