Princeville condo (and house) update for the week of November 23rd to 29th - 11/30/08 04:48 PM
Aloha,
Happy Belated Thanksgiving to all. I hope that all of you enjoyed a wonderful Thanksgiving day filled with great food, good fun but most importantly - friends and family. It was fairly quiet on the real estate scene as you'll see from the update which follows:
Copyright 11/30/2008 by Hawaii Information Service
NEW LISTINGS217907 T A 6 4-5-3-6-22-27 FS $1,850,000 Kaiulani Of Princeville #27 2,864 #27 3/3.5217211 T A 4 4-5-4-5-39-39 FS $375,000 Cliffs At Princeville #2109 917 #2109 1/2
EXPIRED209209 T X 242 4-5-4-15-21-32 FS $329,000 Sandpiper Village I #132 1,042 #132 2/2211887 T X 178 4-5-4-15-21-28 FS $459,000 … (0 comments)

Princeville condo (and house) update for the week of November 16th to 22nd - 11/24/08 10:11 PM
Aloha,
This has been a relatively quiet week, which is common for this time of the year, as our thoughts turn to family and friends in anticipation of Thanksgiving. Just one new listing, one sale and several good price reductions. Here is your update for last week:
Copyright 11/23/2008 by Hawaii Information Service
NEW LISTINGS218237 T A 5 4-5-4-12-9-28 LH $252,000 Pali Ke Kua Iii #238 993 #238 1/2218092 T A 4 4-5-4-5-3-15 FS $650,000 Princeville Paniolo #115 1,058 #115 1/2218304 T A 3 4-5-4-12-10-13 FS $669,000 Emmalani Court #311 1,456 #311 2/2
BACK ON THE MARKET199453 T A 293 4-5-4-12-10-19 … (0 comments)

Princeville condo (and house) update for the week of November 16th to 22nd - 11/23/08 10:49 PM
Aloha,
This has been a relatively quiet week, which is common for this time of the year, as our thoughts turn to family and friends in anticipation of Thanksgiving. Just one new listing, one sale and several good price reductions. Here is your update for last week:
Copyright 11/23/2008 by Hawaii Information Service
NEW LISTINGS218237 T A 5 4-5-4-12-9-28 LH $252,000 Pali Ke Kua Iii #238 993 #238 1/2218092 T A 4 4-5-4-5-3-15 FS $650,000 Princeville Paniolo #115 1,058 #115 1/2218304 T A 3 4-5-4-12-10-13 FS $669,000 Emmalani Court #311 1,456 #311 2/2
BACK ON THE MARKET199453 T A 293 4-5-4-12-10-19 … (0 comments)

Princeville condo (and house) update for the week of November 16th to 22nd - 11/23/08 10:43 PM
Aloha,
This has been a relatively quiet week, which is common for this time of the year, as our thoughts turn to family and friends in anticipation of Thanksgiving. Just one new listing, one sale and several good price reductions. Here is your update for last week:
Copyright 11/23/2008 by Hawaii Information Service
NEW LISTINGS218237 T A 5 4-5-4-12-9-28 LH $252,000 Pali Ke Kua Iii #238 993 #238 1/2218092 T A 4 4-5-4-5-3-15 FS $650,000 Princeville Paniolo #115 1,058 #115 1/2218304 T A 3 4-5-4-12-10-13 FS $669,000 Emmalani Court #311 1,456 #311 2/2
BACK ON THE MARKET199453 T A 293 4-5-4-12-10-19 … (0 comments)

Buying land in Kauai? You may want to bring your mainland lender… - 11/19/08 11:08 PM
Aloha,
Throughout my real estate career one of my main mantras has been "Use a local lender." They know the lay of the land, they understand our Hawaiian terminology, basically - they know what they're lending on. I've seen too many buyers go with a mainland lender who assured them they they could loan on the "Condhotel" or whatever only to have it blow up within days of closing or have the interest rate and / or points increase because the underwriter finally understood what the buyer was buying.
With the shakeup in the financial market comes a change in my … (2 comments)

Princeville condo (and house) update for the week of November 9th to 15th - 11/16/08 07:33 PM
Aloha,
Winter most definitely showed its face yesterday in the form of a huge afternoon downpour that lasted off and on into the evening. I was at the stable riding, and had just gotten off my horse when the rain started. By the time I left there, I was soaked through and through and there were small rivulets of water everywhere. Today we have high winds and gusts and intermittent rain - and whitecaps on the ocean. Believe it or not, it's still Paradise, just a different side of it. Here is your update:
Copyright 11/15/2008 by Hawaii Information Service
NEW … (0 comments)

Kilohana Clydesdales leaving Kauai - 11/11/08 10:50 PM
Aloha,
If you have ever enjoyed or wish you had enjoyed a carriage ride at Kilohana Plantation, your opportunity to have this experience ends on December 1st. Per the November 9th Garden Island Newspaper, "On December 1st, the horse-drawn livery service will give rides to its last few customers and then closeup shop for good. On December 27th the horses will be shipped on a Young Bros. barge to Honolulu, and from there fly nine hours on a Fed Ex plane to their new home with Doug Albrecht (the owner of Plantation Carriages at Kilohana Plantation Estate) at their side. The … (0 comments)

Princeville condo (and house) update for Nov 2nd to Nov 8th - 11/10/08 12:18 PM
Aloha,
Welcome to this week's update. Once again I must say that there are MANY good buys available now and I just received news from one of my lenders that conforming loan limits will go up in 2009 from $625,500 to $713,000. Now that's something to be excited and happy about. Here is your update for this week:
Copyright 11/8/2008 by Hawaii Information Service
NEW LISTINGS217582 T A 1 4-5-3-6-22-18 FS $2,349,000 Kaiulani Of Princeville #18 2,864 #18 3/3.5217510 T A 5 4-5-4-11-3-95 FS $569,000 Hanalei Bay Resort #P13 867 #1105/6 1/2217448 T A 6 4-5-4-12-11-15 FS $1,300,000 Puu Poa #201 … (0 comments)

October 2008 Market Statistics - 11/08/08 05:54 PM
Aloha,
October statistics show an overall 19.30% decrease in the number of sales comparing Oct 07 to Oct 08. This Oct there were 46 sales Island wide compared to 57 in Oct 07. As a point of comparison, in Oct 03 there were 142 sales with 137 in Oct 04. Oct 05 had 162 and in 06 there were 92 sales Island wide.
Year to date shows a similar decline, going from 802 sales up to this point in time last year to only 518 sales this year. In 03 the numbers were at 1429, 04- 1421, 05-1543 and 06-1349.
Of … (0 comments)

Princeville condo (and house) update for the week of Oct 26th to Nov 1st - 11/03/08 04:13 PM
Aloha,
Hope everyone enjoyed a Happy Halloween and that you and your kids are not bouncing off the walls from a sugar overload. As for the market, it is STILL a good time to buy. Why do I say this now? Because buyers seem to be circling the wagons around potential purchases without ever really doing anything and I am wondering why. Everyone seems concerned about interest rates when in fact they are at historic lows. What are we waiting for? Does anyone remember when rates were at 16% to 18%? Now that was a time to wait and see if … (0 comments)

 
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Elaine Schaefer (R, BIC, CRS, GRI, ABR, SFR)

Elaine Schaefer (R, BIC)

Princeville, HI

More about me…

RE/MAX Kauai Princeville Resort Branch

Address: POB 223609, Princeville, HI , 96722

Cell Phone: (808) 639-2935

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