The sky above us….. March 14, 2008
Posted by Sarah in : Updates , add a commentThe Vacation Rental Bill became a full blown Ordinance once it was signed into effect by Mayor Baptiste on March 7, 2008. You can obtain a copy of this Ordinance online at www.kauai.gov.
Real Estate activity in Hanalei has been very busy. I sold a charming older home for $1,730,000 and am soon to close on another Hanalei home for $2,695,000. Both were all cash transactions. It appears that the qualified buyer is recognizing the time to buy is now before the next real estate cycle upswing. This is a wonderful silver lining to the cloud formations forming above us that were blown in by the Mortgage Industry.
But as we say on the North Shore of Kauai, no rain….no rainbows!!
