November 15, 2008 Kauai REO Update

By
Real Estate Broker/Owner with KAUAI DREAMS REALTY Kauai Real Property Specialist RB-14203

November 15, 2008

November 15 2008 Kauai REO & Foreclosure Update

It appeared for a couple of weeks that no new REOs were coming on the market. But the lull was just temporary. Here are two new bank owned houses that will be coming on the market soon.
Puuwai2Puuwai 1Puuwai3
4836A Puuwai Road, Kalaheo. This house will be listed with Julie Black (R) Kauai Dreams Realty. No price yet.
Aheahe
4119 Aheahe Pl, Lihue. This is a two story house with a 3 bedroom 2 bath home on top and a family room with bath or studio on bottom. Cul-de-sac location. Fannie Mae/Freddy Mac foreclosure/owned.

There are no more price changes since my last update or posting from the begining of the month. However email me if you would like to know the prices of the above mentioned REOs when they do get listed. Aloha Juliejulie@hisemail.net

Posted by

CLMHS CRS GRI Realtor/Broker/Owner Kauai Dreams Realty 

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Rainer
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Carrice Caspillo, R.A.
Kauai Dreams Realty - Kilauea, HI

Hi Julie, thanks for the REO updates. I noticed that Kauai and the State of Hawaii have alot less REO's and foreclosures on the market than states like California and Texas. Do you expect that Hawaii's REO activity will catch up to the activity we are seeing on the "mainland" in the coming year?

Dec 02, 2008 11:46 AM #1
Rainmaker
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Julie A. Black
KAUAI DREAMS REALTY Kauai Real Property Specialist - Kapaa, HI
CLHMS, CRS, GRI, Realtor, Broker

Hi Carrice: Thanks for your comment:). Although Kauai's REO activity is increasing we just don't have the number of housing units they do in other states. Our REO level will probably remain below 20 units at any one time vesus hundreds in other counties on the mainland.

Dec 03, 2008 05:37 AM #2
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Rainmaker
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Julie A. Black

CLHMS, CRS, GRI, Realtor, Broker
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