Many would have thought the severe weather would slow down the market, but the statistics are not reflecting a downturn in the market. During the month of August, Kauai saw an increase in sales by 14% over last year.
Currently, there is a new law in effect called act 181 that could affect CPR owners. This law was created with the intent to protect consumers when it comes to the Public Report.
Historically, condo sales always climb during the summertime. East Side sales usually go up by about 1/3 when compared to the first few months of the year. Sunny weather and happy travelers are no doubt a huge factor in the increase of sale
For the month of August Kauai's East Side, residential home sales slipped down slightly. We sold 14 homes this August compared to last year’s 16 sales for the same time period.
Is the house you're in love with already under contract? Are you wondering if you would make a backup offer or if it is a waste of time? So long you would be the first backup offer in position should the current cancel, I would tell you to go ahead and put in a backup offer