I have made prior posts of Kauai Absorption Rates (click link for latest). Now that I'm active in the Maui market as well, I'm posting the Maui absorption rates. It's quite interesting that, like Kauai, the lowest absorption rates are in the area that is the center of commerce. I can't help but wonder whether that shows a desire to live in less remote areas. I'd be interested to hear from others as to whether they are seeing any correlation between remote areas and high absorption rates. Here is the Maui chart.
Aloha,
Visit www.KauaiRocks.com for Hawaii real estate information
Congratulations!
I'm pleased that my clients just closed on their lot in Poipu Beach Estates on the island of Kauai.
Sales price was $675,000 for a lot of 16,208 sf in a brand new community just minutes from world-famous Poipu Beach
Congratulations to the new owners, Steve & Carla, and mahalo (thanks) for allowing me to assist in making your dream of Hawaii real estate ownership a reality.
Contact me if you would like to consider a purchase in Poipu Beach Estates or a similar community on Kauai.
Visit www.KauaiRocks.com for the latest in Hawaii real estate information.
The following information compares median sales prices for the outer islands of Hawaii for the year 2008. Note that this reflects what is selling and can be heavily influenced by new product coming on the market. Data has been taken from REsearch and Paragon multiple list reports. Kauai and Maui markets remain somewhat comparable while prices on the Big Island remain substantially lower. The Big Island has more land and issues such as lava flows, VOG and earthquakes.
| Outer Island | Residential/SF Homes | Condominiums |
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| Kauai County | $645,000 | $567,000 | |
| Maui County | $600,000 | $585,000 | |
| Big Island County | $350,000 | $415,000 |
Disclaimer: Data herein is deemed reliable but is
not guaranteed. Both REsearch and Paragon have data disclaimers.
The 2-day Hawaii Association of Realtors (HAR) convention was held on the Big Island this year on September 18 and 19, 2008. It was held at the Hilton Waikola Village which at times seemed like a miniature version of Disneyland with its train and boat services for getting around the huge 62-acre complex.
The 2 days were packed with information from HAR, motivational speakers, & technology experts and included a brand new NAR risk reduction course, a tradeshow and more. It was well-organized with excellent speakers and was filled with ideas for raising client services to the next level. I came away with a list of items to implement, some of which are already underway. Because of the parallel sessions, I was not able to personally attend all of them. Some key presentations I DID attend were:
In addition to the presentations, the 2 days were full of networking opportunities and a trade show. This is the time to meet agents from the other islands and renew acquaintances from the past. Such networking is invaluable for market comparisons, referrals, and promotion of unique properties.
The HAR convention was preceded by a 2-day CRS course on creating wealth through real estate investments which I attended. This course presented a methodical method of evaluating investment real estate complete with forms and spreadsheets making the calculations easy. Our instructor Chris Bird did an excellent job and kept the attendees fully engaged throughout.
Aloha,
Richard
Visit http://www.KauaiRocks.com
Here is the updated Kauai real estate inventory chart. It includes homes, condos, and land, both fee simple and leasehold. Data is from Hawaii REsearch and has not been independently verified.
Looking in a rear-view mirror, it's easy to see when boom times ended and inventory started climbing steeply from late 2005 to late 2006. Since that time our inventory has continued to increase but at a much slower rate.
For additional information, visit http://www.kauairocks.com/news/.
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Richard is a Hawaii real estate agent with extensive knowledge of the Kauai & Maui markets. He lives and works on both islands and offers unique insight to his clients. Richard holds BS & MS degrees.
Strong credentials for buyer and seller representation.
A resident and full-time, licensed real estate agent in Hawaii, specializing in Kauai & Maui properties. University education with BS & MS degrees combined with 35 years of corporate business & management experience. Recognized as a Century 21 All Islands Top Producer (see awards below).VIP Marketing Plan assures aggressive marketing for my owner-clients who wish professional assistance in selling their properties.
Certified Residential Specialist (CRS), the "granddaddy" of real estate certifications An Accredited Buyer Representative (ABRâ) with excellence in representing buyers. Certified as an e-PRO so important in electronic transactions with mainland clients Custom website with first-page Google & Yahoo ranking Invaluable Buyer Information Package for my clientsSuccess-oriented and accustomed to doing what it takes to make your dreams come true.
Patty in Lakeville, MN
"I just bought a home on Kauai with a referral that you gave me. Richard Dolbeare has been an outstanding and helpful realtor who I will strongly recommend to family and friends. He is a very knowledgeable, warm and friendly, helpful, with a great sense of humor to boot! Please do offer him many more referrals, cause he will not do you wrong! We found him to be very ethical and professional to boot!"
C & R in Fresno, CA
"Dear Richard,
Thank you for all of your help! You are the best! We appreciate all of your insight."
DS in Koloa, HI
"I just wanted to say mahalo for the very thoughtful package you sent us recently."
Chris, Rami, Kylie (A.K.A. "Squirt")
"Thank you so much for your professionalism, Aloha Spirit and real estate knowledge. Wow! You work fast, intelligently and with extreme personability! We feel so blessed that you were recommended to us. We hope you enjoy our tropical gift basket. Thank you for helping us get our slice of paradise."
I work hard for my clients, even this fellow who was looking for a banana farm!!!
[All information contained herein is deemed reliable but not guaranteed]
I'm a REALTOR-ASSOCIATE® holding the Accredited Buyer Representative (ABR), Certified Residential Specialist (CRS), and e-PRO designations from the NATIONAL ASSOCIATION OF REALTORS®. I also hold BS and MS degrees from Southern Illinois University and have extensive experience in engineering management. This is an unusual combination of credentials on the Outer Islands which assures you are working with a true professional. I have a wealth of knowledge and experience to help you realize your dream of home ownership in Hawaii.
In 2004 I left my position as an Engineering Department Manager in a major aerospace corporation to pursue my dream of living and working in Hawaii. I had already developed extensive experience in Hawaii real estate through the purchase and rental of four properties on Kauai and this rewarding experience provided a bridge to my new real estate career. I first joined Century 21 All Islands and then recently moved to Keller Williams Realty continue my growth with the 3rd largest real estate franchise in America. The most enjoyable part of my job comes from meeting people both near and far and in helping them realize their dream of home ownership in Hawaii. I'm a successful and knowledgable agent with sales that typically put me in or near the top 10% of all Kauai agents. This means I'm highly experienced and yet have time to assist each individual client with their transaction.
In 2008 I continued my Kauai sales activity while broadening my services to include Maui where I now reside nearly half time. Living and working on both Kauai and Maui gives me unique knowledge and perspectives that allow me to provide an unmatched level of service to my clients. I continue to be successful even though the number of sales has been reduced by approximately half over previous years.
I can help you realize your Hawaii dreams. I will work with you directly on Kauai and Maui or will refer you to qualified agents on other islands. Please visit my website at http://www.KauaiRocks.com for a wealth of helpful information including access to property listings.
Mahalo and Aloha,
Richard Dolbeare (RA)
Keller Williams Realty
Aloha@RichardDolbeare.com
For news and detailed information about Kauai, visit www.KauaiRocks.com. Special sections for buyers, renters, and sellers are most helpful and informative. Here you can search all the active listings on Kauai that meet home and land features that you select. There is information on government functions, schools, pets, farmers markets, and much, much more. Visit today and visit often!
Or if your interest is Maui, then please visit www.MauiSandCastles.com. Here you can search all the active listings on Maui that meet home and land features that you select. Content is being added regularly so check back often!
For property searches throughout the entire state of Hawaii, visit http://www.KauaiRocks.com. Here you will find search results with properties positioned on a map which my clients love. Some listings may not show up with this type of search, an anomaly which may be due to street addresses that haven't been mapped yet.
What other agent do you know who provides such comprehensive searching capability as described above? I know this is important to most home buyers who prefer to start their search in the comfort of their home office without someone looking over their shoulder. When you're ready for assistance and the extensive knowledge I have on the Hawaii real estate market, please, please contact me to make your dreams come true.
Aloha
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