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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Hawaii's Humpback whales are gone but will be returning early next year. This one continued to slap his tail on the water for about 5 minutes.
Aloha!
Search Kauai/Big Island | Search Maui | Email | About Me | Visit Website | Phone/Text (808) 651-4550
Engineering Hawaii Dreams Today--Helping Buyers Find Dream Homes & Sellers Find Buyers
Visit www.KauaiRocks.com for Hawaii real estate information
Kauai residential sales price points continue to move out of the lowest bands with the increase going to the $500K to $750K band. This suggests that our market is recovering from bargain basement prices early in the year when 2/3 of sales were below $500K. We're still a long way from what we were seeing at the peak of the market in 2006 when less than 1/4 of sales were less than $500K. One day we shall return to those price ponts but I'm not prescient enough to say when that will be. Hopefully there will be many who will be buying homes before that happens.
Currently (2009 Price Points Through September)
Previously (2009 Price Points Through February)
Aloha!
Search Kauai/Big Island | Search Maui | Email | About Me | Visit Website | Phone/Text (808) 651-4550
Engineering Hawaii Dreams Today--Helping Buyers Find Dream Homes & Sellers Find Buyers
Visit www.KauaiRocks.com for Hawaii real estate information
Having published data on Kauai "seasonal" closings averaged over the last 8 years, I though it would be interesting to see if current market conditions have caused any variation. As in the other chart, our "slow" season for closings continued to be the Winter months for 2008.
Aloha!
Search Kauai/Big Island | Search Maui | Email | About Me | Visit Website | Phone/Text (808) 651-4550
Engineering Hawaii Dreams Today--Helping Buyers Find Dream Homes & Sellers Find Buyers
Visit www.KauaiRocks.com for Hawaii real estate information
As one of the few states where "season" is based more on tourism than on climate, it's interesting to note that our 4 slowest months are the Winter months of November through February. This mirrors what I have heard about the mainland market but perhaps with somewhat less prounounced differences. The "Wagonwheel" chart below shows our closings by month averaged over the years of 2000 through 2008. Our biggest month is March which may be due to year-end visitors who decide to buy while they are here. The chart follows...
Aloha!
Search Kauai/Big Island | Search Maui | Email | About Me | Visit Website | Phone/Text (808) 651-4550
Engineering Hawaii Dreams Today--Helping Buyers Find Dream Homes & Sellers Find Buyers
Visit www.KauaiRocks.com for Hawaii real estate information
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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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