May 24, 2010|Cynthia Saylor|Big Island: Market Trends, Mortgages/Economy/Market, Our Listings: Residential, Our Listings: Sold Properties
The Ka'u district of Hawaii's Big Island is known for its vast coastline, black and green sand beaches and the Kau Desert in Volcanoes National Park.
Due in part to tighter lending restrictions on lava zone 1 and 2 properties and the increase in volcanic emissions (Vog) as a result of the March 2008 Halemaumau Crater eruption, the Kau district has been one of the harder hit areas of the Big Island during the recent economic downturn.
But, the rugged appeal of this area, combined with the fact that there are affordable deals to be found in the current market, means that adventurous buyers are finding opportunities that continue to draw attention to the southern-most part of the island.
Inventory and Recent Sales
Active Listings: There are currently 187 active listings in the Kau district (including residential listings and condos at Colony One at Sea Mountain as well as a few unpermitted cabins, not uncommon in rural areas of the Big... Read More
TagsBig Island, buyers, condos, farm, golf, Green Sand Subdivision, Hawaii, Kau, market trends, Naalehu, Ocean View Estates, Pahala, REO, Sea Mountain, Volcano Golf and Country Club