Reba's Real Estate Report for Kauai
What is the Future of Housing Prices in Hawaii
Interest in property here has been strong the past 12 years, with price appreciation in some areas of more than double over that time. However, it appears homeowners are withdrawing properties from the Hawaii market and are perhaps unwilling to sell for what buyers are willing to pay.
As in California, many owners are waiting for the housing market to return next late spring, supposing that inflation is beaten and mortgage rates will drop and prices will be down. That’s all conjecture however as US GDP, employment and inflation remain strong.
The Islands still have the allure, however housing supply, regulations, price appreciation and high mortgage rates are collectively slowing the housing market. Overall, the US rental market is strong, yet financing and purchasing a home you can rent out will be a big challenge in the Aloha State.
If you would like a free report for your property, any neighborhood or property just click here to request one be prepared on your behalf for no cost or obligation. We provide "No Cost or Obligation" onsite property visits upon request for more accurate evaluations and property condition reports.
I hope you find the information a valuable resource that keeps you up to date on developments in real estate and our economy. I know it's a lot of information to look at, analysis, and comprehend. Feel free to contact me if you need assistance understanding the current market and it's effect on your individual location or situation. (Complimentary service)
Scroll this page for an overview of
Kauai's Real Estate Market.