Kauai Real Estate Information
This is an example: real estate in Hawaii. Kauai, Mauai and other islands all have very specific
numbers to go on but there are also broad trends for the state as a whole. For example, Hawaii foreclosure have grown as compared to this time last year,
and yet are down somewhat from last month, fortunately. The sometimes beleagured real estate market can use every break it can get. All in all,
the state had some 393 foreclosure filings, for the month, which is less than 1% from the month before, yet is up some 247% from that time last year, sadly enouph.
This information comes from ‘RealtyTrac’, which is a real estate data company. It has been a somewhat strange market, and results have been rather mixed depending on
which county is involved. For example, both the Big Island of Hawaii and Kauai have had an approximate dip of forty percent in home sales from the year before, and yet the median
home price has stayed about the same on Kauai while dropping an eye-popping forty percent on the Big Isle. Kauai real estate has traditionally been a little bit more stable than
some of the other islands. The reasons for this vary, but one fact is more japanese investment, which means that Kauai real estate is somewhat less dependent on the american mainland economy
and therefore somewhat less at the mercy of the inevitable ups and downs which characterize it. Broadly speaking,
Hawaii had a foreclosure ratio of about 1 filing per 1,272 households.
