Hawaii Real Estate Prepares for Real Estate Auction

Great deals on Kapolei real estate

If you are looking for a Kapolei home, consider attending the largest Hawaii real estate auction. With a slowing housing market, and Kapolei real estate, along with the rest of Hawaii real estate, coming down, some real estate agents are auctioning off homes. RISMedia explains this massive Hawaii real estate auction:

“There is something for every buyer at the auction, including vacant
land, income properties, condos, and houses. Auction properties range
from a condo formerly at $299,000, now with a minimum bid of $200,000,
to a North Shore beachfront estate previously at $7,950,000 and now
with a minimum bid of $5,500,000,” said Stephen Cipres, Elite’s
co-founder. “Naturally, our sellers are expecting to get bids above the
minimum, while buyers turn out hoping for a good deal. All minimum bids
are substantially below fair market value.”

The possibility of getting a great Hawaii real estate value is increased when one attends the auction. This Hawaii real estate auction will take place on July 14 from 10 a.m. to 3 p.m. at the Hawaii Convention Center in Waikiki. For more information on the Hawaii real estate auction, or to find a Kapolei home, contact John Riggins.


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