by Tyler Durden
Real estate on the no-longer sleepy island of Kauai has gotten
so hot that people are buying multi-million dollar homes
sight-unseen, as the pandemic-fueled housing boom continues seemingly unabated.
According to the
Wall Street Journal, luxury properties on Kauai - with a population of 72,000 permanent residents - start at $3 million, while just 3% of the island s 550 square miles are open to development, meaning that housing stock in all categories is scarce. And according to the report,
Californians looking for primary and secondary homes are squeezing prices even higher.
Ms. Cook, 46, a former commercial real-estate broker, and her husband, 51, a lawyer, had considered looking for a new home in the suburbs north of San Francisco, but were reluctant to test their luck in a seller’s market, where all-cash deals and multiple bidders had become the rule.
Remember when you didn’t quite know how to use Zoom? Neither do we. It’s one of many technologies that have become second nature for the real estate industry.
Though the origins of Connect Now and all our virtual events were less than ideal, the upside has been unmistakable: Thousands of top-performing agents and brokers come together month after month to learn, grow, network and carry on with the business of real estate.
Connect Now events have become a monthly occurrence, and each month brings a new set of keynotes, breakouts, regional market deep dives, and tactical discussions. So we reached out to attendees to discover more about why they invest their time, month after month.
“
Absolutely an amazing day! You know these sessions are good when you get info that you can implement immediately!” That’s what Amber Salmon, a realtor at RE/MAX said after attending last month’s digital Connect Now event.
The next Connect Now is coming up on April 20 and it’s going to be one of the best yet.
Spencer Rascoff, Chair & Co-founder of Pacaso, Supernova, and dot.LA, will sit down with
Brad Inman to discuss the latest dealings in real estate, including SPACS, iBuying, and more. Plus speakers from
Keller Williams, Compass, Windermere Abode, RE/MAX, Berkshire Hathaway HomeServices, Fidelity, and many more will dig into some of today’s most timely topics, including:
450 West 31st Street, New York, NY 10001 Phone: 212-260-1332
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