North Shore Real Estate Activity — Update

Friday, 7/11/08 was a busy day for real estate here on the north shore of Kauai.  Four properties went into escrow (sale pending status) today, three in Princeville alone!  And three other Princeville properties went into escrow in the past week, for a total of 6 new sales in Princeville in the past 7 days.  It could be that people are realizing there are bargains here, and with interest rates still low, this may be the best time ever to buy that property you have always been thinking of.  These properties aren’t foreclosures or “drastic situation” buys; they are beautiful view lots, multimillion dollar homes and very nice condos (townhomes).  If you are secretly thinking you will hold out for a while to make sure you get something at the “bottom” of the market, it is possible you just missed it (especially considering that if you will need a loan, higher interest rates down the road will more than offset by any small price reductions ahead).

So, don’t dallie around procrastinating.  Call your hard-working real estate agent today to let him help you find your Piece of Paradise while it is still affordable!!

Tom Austin RA  Century 21 All Islands, Princeville


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