Hawaii Real Estate Resource

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Kauai's Distressed Market Share

Some areas of the nation are seeing short and REO sales in such large numbers that they are the majority of all sales, On Kauai they were only about 1/4 of our overall sales in the month of September.  What remains to be seen is whether we have escaped the worst or whether it just hasn't arrived yet.  I have joined the Keller Williams Realty short sale and REO team so as to be prepared in case it's the latter while hoping that it isn't.

Data below is based on agent reports for September which are not audited for accuracy.

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Kauai pie chart

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Richard T. Dolbeare, R(B)

Keller Williams Realty(808) 651-4550

Aloha@RichardDolbeare.com 

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 Hawaii multi-island specialist, Maui & Kauai
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Comment balloon 2 commentsRichard T. Dolbeare • October 05 2009 01:41AM

Comments

Here in the Hemet - San Jacinto Valley in so Cal our market is over 95% short Sale and REO combined.  If your not selling Distressed Property you aren't selling.

Posted by John Occhi, SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate (Mason Real Estate) about 9 years ago

Wow, that's incredible John, I'd not heard percentages like that before.

Posted by Richard T. Dolbeare, R(B), ABR, CRS...Hawaii Multi-Island Specialist (Keller Williams Realty Maui) about 9 years ago

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