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.
Engineering Hawaii Dreams Today--Helping Buyers Find Dream Homes & Sellers Find Buyers
Visit www.KauaiRocks.com for Hawaii real estate information
[Information herein is based on 3rd party reports that are deemed reliable but content is not guaranteed]
eXp Realty is a nationwide cloud-based brokerage licensed in Hawaii as follows:
eXp Realty, Lic. # RB-21841, 500 Ala Moana Blvd Ste 400, Honolulu, HI 96813