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Kauai Absorption Rate Still Gnarly

I had hoped to see improvement in our absorption rate when I updated my chart.  Unfortunately that was not to be.  Condo sales continue to be especially troublesome and Kauai's South Shore and our East Side has now exceeded a 10 year supply.  I was inspired by an article in Business week to create the color bands for the different "health" levels.  Back then, the blue, green, yellow, and orange bands made up most of the chart.  Now they those colors are barely noticeable down at the bottom of the chart with everything being in the red zone.  Not pretty for sellers ("gnarly" as Paul Brewbaker would say) but a "whoopie" time for buyers.

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Richard T. Dolbeare, R(B)

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Comment balloon 2 commentsRichard T. Dolbeare • February 23 2009 05:45PM
Kauai Absorption Rate Still Gnarly
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