Kauai Real Estate Inventory May Be Stabilizing

By
Real Estate Agent with eXp Realty Hawaii Lic. # RB-20941

Overall Kauai real estate inventory continues to trend downward which could be a sign of good things to come in 2009.  While it's still a bit early to declare this a trend, it is nevertheless encouraging after enduring a relentless climb that began 2 1/2 years ago.

Unfortunately our resort area of Poipu is not yet improving as mainland buyers continue to stay away.  Poipu has a large inventory of vacation condos which will only begin to sell once our mainland buyers return.  Long term, Poipu's future would seem to be bright as it's within a Vacation Destination Area and thus not affected by Kauai's new restrictions on vacation rentals. 

Aloha! 

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[Information herein is based on 3rd party reports that are deemed reliable but content is not guaranteed]

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Richard T. Dolbeare, R(B) photo

 

Richard T. Dolbeare, R(B)

Keller Williams Realty(808) 651-4550

Aloha@RichardDolbeare.com 

www.MauiSandCastles.com and www.KauaiRocks.com 

 Hawaii multi-island specialist, Maui & Kauai
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