In these days, people still think of Hawaii as something of a “paradise” and folks on the mainland wonder if that state’s real estate market has taken a dive. The fact is that Kauai Real Estate – like the market in general – has “softened”. Real estate investors who had hoped to see appreciation continue there have been somewhat startled that it hasn’t. This fact on the other hand has created opportunities for people who might have assumed that owning real estate in the area was beyond their grasp.
One thing to keep in mind about Real Estate is that it has a three fold potential – at least when considered as an investment (instead of a home). Investments have the possibility of income, tax breaks (depreciation of the structure), and capital gains at the point of sale. A softened market in a spot in “Paradise” might make owning real estate that doubles as an investment – when you’re not using it for your own vacation -a new possibility.
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