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Richard T Dolbeare (RA), ABR, CRS, RSPS, BS/MS - Engineering Hawaii Dreams Today

Kauai Inventory Continues Recovery

The chart below is an update to my September post.

With over a year of of decreasing inventory, it's clear that Kauai's real estate inventory is continuing to recover from August 2008 highs. It's rarely possible to discern trends until sufficient time has elapsed to look back and see where we have been. For Kauai, the inventory buildup began in the Fall of 2005 and continued to build for 3 years. Now the number of active listings has been decreasing for a full year. This is a positive sign for stressed-out sellers. While I expect some time to elapse before prices also begin a recovery, now may be the "sweet spot" for buyers especially since many predict that mortgage rates will soon begin to increase.

For those who want to know, the smooth yellow curve superimposed on the chart is an Excel 3rd-order polynomial curve fit.

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Kauai real estate inventory chart Nov 2009

Aloha!

Search Kauai/Big Island | Search Maui | Email | About Me | Visit Website | Phone/Text (808) 651-4550Richard T. Dolbeare (RA), Keller Williams Realty logo

Engineering Hawaii Dreams Today--Helping Buyers Find Dream Homes & Sellers Find Buyers

Visit www.KauaiRocks.comfor Hawaii real estate information

Kauai Absorption Rate--Still Showing A Market Heavily Favoring Buyers

Because of wide fluctuations in monthly sales, the absorption rates for the different regions on Kauai continues to fluctuate. But one thing remains consistent and that is that everything is still in the RED band(not pretty). Kauai remains an island in paradise and also a buyer's paradise. Our sellers will be very pleased once those bars start dropping into the other color bands. Many agents will be pleased as well.

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Kauai Real Estate Absorption Rate, Nov 18, 2009

Aloha!

Search Kauai/Big Island | Search Maui | Email | About Me | Visit Website | Phone/Text (808) 651-4550Richard T. Dolbeare (RA), Keller Williams Realty logo

Engineering Hawaii Dreams Today--Helping Buyers Find Dream Homes & Sellers Find Buyers

Visit www.KauaiRocks.comfor Hawaii real estate information

Sulent Sunday--Maui's Haleakala, Real Estate at 10,000 Feet

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Haleakala Crater on Maui

Views of Haleakala Crater from the rim are stunning. It's not necessary to arrive for the popular sunrise to see the awesome beauty 2,000 feet below the rim.

Aloha!

Search Kauai/Big Island | Search Maui | Email | About Me | Visit Website | Phone/Text (808) 651-4550Richard T. Dolbeare (RA), Keller Williams Realty logo

Engineering Hawaii Dreams Today--Helping Buyers Find Dream Homes & Sellers Find Buyers

Visit www.KauaiRocks.comfor Hawaii real estate information

Silent Sunday--Kauai Blue Room Wet Cave

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Kauai "Blue Room" Cave

Looking out from Kauai's Waikapala'e Cave, home of the famous "Blue Room". The cave has a "lake" and a short swim to the right-rear leads to the Blue Room. A new No Swimming sign prevented me from entering during this recent visit.

Aloha!

Search Kauai/Big Island | Search Maui | Email | About Me | Visit Website | Phone/Text (808) 651-4550Richard T. Dolbeare (RA), Keller Williams Realty logo

Engineering Hawaii Dreams Today--Helping Buyers Find Dream Homes & Sellers Find Buyers

Visit www.KauaiRocks.comfor Hawaii real estate information

Silent Sunday--Silversword on Haleakala

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Silversword on Maui's Haleakala

Silversword grows only on Haleakala, Maui's dormant volcano. This species is not found anywhere else in the world.

Aloha!

Search Kauai/Big Island | Search Maui | Email | About Me | Visit Website | Phone/Text (808) 651-4550Richard T. Dolbeare (RA), Keller Williams Realty logo

Engineering Hawaii Dreams Today--Helping Buyers Find Dream Homes & Sellers Find Buyers

Visit www.KauaiRocks.comfor Hawaii real estate information