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Princeville condo (and house) update for the week of December 21st to 27th - 12/28/08 11:33 PM
Aloha, The end of the year draws near as we count down the days until 2009. 2008 was certainly interesting and brought many great opportunities for real estate ownership. Thank you to all of those who allowed me to assist them in buying their dream home or in selling their property so they could move on to the next phase of their life. It was a year that demanded creativity both in pricing and in contract negotiations. 2009 will usher in some of the best real estate pricing and selection we've seen in a long time. All I can say, as (2 comments)
Blossoming Lotus Restaurant in Kapaa, Kauai, Hawaii closing! - 12/23/08 04:06 PM
That's right! The ever popular Blossoming Lotus, a vegan restarurant located in Kapaa, is closing it's doors as of December 31, 2008, this per the 12/23 Garden Island Newspaper. "Owner Gabe Zingaro wrote the restaurant would close, "barring a miracle" despite recent success, because of past debt it has been carrying." This eatery will greatly missed. I've enjoyed many tasty, relaxing, affordable and healthy meals here and am sorry to see it go. If you haven't ever enjoyed a meal here, or want to have one final supper, you better make your reservations quickly as I'm sure it will book quickly. (1 comments)
Princeville condo (and house) update for the week of December 14th to 20th - 12/21/08 03:38 PM
Aloha, Finally, we have a bright sunny day today. This past week is one where I've felt sorry for the visitors. After all, they come for the balmy trades, warm sun and bright blue skies but by and large, that was not the case last week. Although there were periods of sunshine, the days basically started and ended overcast and rainy. Today is what I consider a typical "winter" day in Hawaii - about 74 degrees, nice breezes, brilliant sunshine and just a few white fluffy clouds out over the ocean. Real Estate wise, it's understandably been a quiet week as (0 comments)
Princeville condo (and house) update for the week of December 7th to 13th - 12/15/08 06:15 PM
Aloha, This week ended as a wet one, with our first big winter storm slamming into the Island, causing flooding, road closures and flash flood warnings. The storm was Island wide with an average of 4 to 6 inches per hour of rain falling over most of the Island, with as much as 8 to 10 inches in some areas. (This per the Garden Island newspaper.) When it rains this hard, it's a great time to stay home and catch up with all the things you always meant to do ‘on a rainy day.' Naturally, there weren't too many people out (1 comments)
Kauai November 2008 Market Statistics - 12/11/08 07:56 PM
Aloha, MLS Statistics for November 2008 show an overall decrease in the number of sales of 43% comparing Nov 07 to 08, and an overall 35% decrease comparing 07 to 08 year to date. This translates into 51 sales in Nov 07 compared to 29 sales in Nov 08 and 853 sales in 07 year to date compared to 548 this year. In 06 year to date there were 1430 sales, in 05 there were 1672, 04 saw 1538 and 03 had 1574 in total sales. Breaking this down further, there were 25 residential sales in 07 and only 15 residential (0 comments)
Princeville Kauai's Nihilani condos gets real - 12/10/08 03:35 PM
Aloha, It looks like the developer of Nihilani condos is finally getting competative with the resales. In other words, Brookfield is getting real. Case in point: Nihilani 33A, a three bedroom, two and a half bath townhouse style condo listed by Brookfield for $731,500 closed on 12-08 at the unbelievable price of $625,000. Now that's what I call a price discount and is a strong indication of how desperate the developer is to move these remaining units and get down to business with their new Poipu project, PiliMai. Don't get me wrong. There's nothing wrong with these condos that is causing (2 comments)
Those of you who already own or have researched the Princeville area probably know that we have a "Princeville at Hanalei Community Association." Their November 2008 Newsletter provided some valuable updates which I'd like to share with you, starting with their request to close the path to Queen Emma's Bath during the winter months. This request comes as a result of two recent death at this popular tourist attraction. The parking lot and trail for Queen Emma's bath are owned and controlled by the County not the PHCA but the PHCA submitted a written request for closure of both the (0 comments)
Princeville condo (and house) update for the week of November 30th to December 6th - 12/07/08 11:31 PM
Aloha, We've had glorious weather this past week. It's the kind of stuff that makes people immediately fall in love with the Island and never want to leave. Bright blue skies, a few puffy clouds now and again and a nice cool breeze. Yes, we do love that cool breeze coupled with the warmth of the sun. It simply can't be beat. We've already had several instances of winter swells which bring high surf. It was reported that Hanalei Bay saw waves 25 to 30 feet, and I've seen whitewater from my condo twice already this season. I always see the (0 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.