hawaii condos: Princeville condo (and house) update for the week of July 27th to Aug 2nd - 08/05/08 09:50 PM
Aloha,
This week I hope to get things back to normal after a great time touring the Mainland. I managed to travel over 3000 miles and cover ground in WA, MT, WY, and SD. Saw the Grand Coulee Dam, went through Glacier National Park, saw Mt. Rushmore and Crazy Horse and … (0 comments)

hawaii condos: Princeville condo (and house) update for the week of July 20th to 26th - 07/27/08 09:48 PM
Aloha,
This week I am sending an abbreviated form of the update as I am on the mainland on vacation. Not only that, but I am traveling throughout WA, MT, ID and SD seeing the sights from the back of a motorcycle. Of course, packed on the back of the bike … (0 comments)

hawaii condos: June 2008 Market Statistics - 07/16/08 05:02 PM
Aloha,
Here we are in July already, in fact, it feels like July is almost over and we're heading into August! Before we get too far into July, I wanted to get your market statistics for June out to you. Starting with the Number of Sales: For June, Island wide residential … (0 comments)

hawaii condos: The buy of the day is a Nihilani at $589K! - 07/15/08 08:00 PM
Aloha,
If you've been reading my blog for any time now, you know I am always talking about sellers who need to come to terms with the buyer's market and price accordingly. Well guess what, the owner / agent of Nihilani 27B has done just that, reducing today from $669K to … (0 comments)

hawaii condos: Princeville condo (and house) update for the week of June 29th to July 5th - 07/07/08 01:57 AM
Aloha,
...... and Happy 4th of July. I hope everyone enjoyed the weekend and got your fill of fireworks. They had 3 events here on Island. One was on Thursday at PMRF where the base was open to the entire Island for an evening fireworks / crafts / food event. There … (0 comments)

hawaii condos: May 08 Market Statistics - 06/12/08 12:24 AM
Aloha and welcome to June (already.) It's time to take a look back at the month of May to see how it compares to May 07 and to look at year to date last year compared to this year. First up is the number of sales: overall, residential is down 51% … (0 comments)

hawaii condos: Princeville condo (and house) update for the week of April 27th to May 3rd - 05/05/08 01:06 PM

Aloha,
It looks like we've got many new listings but when you get into it, you'll see they are all "repeats." Here is your condo listing update for this past week:
Copyright 5/3/2008 by Hawaii Information Service
NEW LISTINGS210770 T A 1 4-5-3-11-1-30 FS $815,000 Villas On The Prince #30 1,732 #30 3/3210605 T … (0 comments)

hawaii condos: April 08 Princeville Condo Overview - 05/03/08 05:36 PM
Aloha,
Everyone always wants to know "How's the market? Is it doing better than the mainland? Are properties selling? Do you think that it is starting to pick up?" and on and on. While I enjoy giving my professional opinion (bear in mind, we all have opinions) and / or speculating about … (0 comments)

hawaii condos: Princeville condo (and house) update for the week of April 20th to 26th - 04/29/08 06:20 PM
 
Aloha,
Let's get right to it. Here is your update for last week:
Copyright 4/27/2008 by Hawaii Information Service
NEW LISTINGS210071 T A 4 4-5-4-12-2-34 FS $490,000 Hale Moi #214 1,033 #214 1/2210522 T A 2 4-5-4-12-2-16 FS $499,500 Hale Moi #116 1,033 #116 1/2210504 T A 2 4-5-4-15-21-59 FS $529,900 Sandpiper Village I … (0 comments)

hawaii condos: I really do hate cockroaches..... - 04/24/08 01:18 AM
I really do hate cockroaches, centipedes too! If you saw my reaction to finding one of these critters in my condo, you'd of thought the world was coming to an end. My boyfriend watched with amusement the other day as I confronted a cockroach in the hallway, armed with a can … (0 comments)

hawaii condos: March 08 Market Statistics - 04/22/08 02:30 PM
Aloha,
I wanted to get caught up with market statistics before May gets here. It's always interesting to see how we're doing this year as it compares to last year. Since I did not post the February Statistics, and the March Statistics are the most current, I'm posting the Febuary Statistics here … (0 comments)

hawaii condos: Princeville condo (and house) update for the week of April 13th to 19th - 04/22/08 01:37 PM
Aloha,
I think I've finally caught up! Last week was exceptionally busy after coming back from being on Oahu from Wed, the 9th to Sunday the 13th. This week I'm back on track, even if the weather is so beautiful that it just begs for one to go to the beach - … (0 comments)

hawaii condos: Princeville condo (and house) update for the week of April 13th to 19th - 04/22/08 01:37 PM
Aloha,
I think I've finally caught up! Last week was exceptionally busy after coming back from being on Oahu from Wed, the 9th to Sunday the 13th. This week I'm back on track, even if the weather is so beautiful that it just begs for one to go to the beach - … (0 comments)

hawaii condos: Princeville condo (and house) update for the week of April 13th to 19th - 04/22/08 01:37 PM
Aloha,
I think I've finally caught up! Last week was exceptionally busy after coming back from being on Oahu from Wed, the 9th to Sunday the 13th. This week I'm back on track, even if the weather is so beautiful that it just begs for one to go to the beach - … (0 comments)

hawaii condos: Princeville condo (and house) update for the week of April 6th to 12th - 04/15/08 10:23 PM
Aloha,
If you read my previous blog you know I just returned from Oahu where I attended a class geared towards obtaining my Certified Residential Specialist designation. All of the CRS classes I have taken are well worth the time and money, and this class was no exception. Let me get on … (0 comments)

hawaii condos: Fun facts and figures - 04/12/08 01:16 AM
If you've wondered what happenned to my blogging this week the answer is simple: I'm on Oahu taking a 2 day class geared towards earning my Certified Residential Specialist designation. Without going into a lot of detail, let me just say that the CRS designation is one held by only 4% … (2 comments)

hawaii condos: Princeville house update for the week of March 30th to April 6th - 04/06/08 05:17 PM
Aloha,
Here is your house update for this past week:
Copyright 4/6/2008 by Hawaii Information Service
NEW LISTINGS209485 SH A 2 4-5-4-15-3 FS $395,000 3979 Kamehameha Rd 10,772 sqft 3,558 5/3.5209478 RS A 5 4-5-4-16-40 FS $799,000 4130 Kekaulike Ln 10,500 sqft 1,625 3/2209601 RS A 2 4-5-4-23-55 FS $825,000 3781 Milimakani Pl 7,187 … (0 comments)

hawaii condos: Princeville condo update for the week of March 30th to April 6th - 04/06/08 05:14 PM
Aloha,
Finally, this week there are a few new low listing prices along with some good price reductions, leading me to believe there are some motivated sellers still out there that are not clinging to the mantra of "I know this is a buyer's market...but"... (which is a topic for a later … (0 comments)

hawaii condos: Aloha Airlines Ends Passenger Service - 03/31/08 05:48 PM
 
Yesterday, Aloha Airlines announced that their last day of operations will be Monday, March 31, 2008. An announcement on their website states, "This is an incredibly dark day for Hawaii," said David A. Banmiller, Aloha's president and chief executive officer. "Despite the groundswell of support from the community and our elected … (0 comments)

hawaii condos: Princeville condo (and house) update for the week of March 23rd to 29th - 03/30/08 03:11 PM
Aloha,
We've had another week of spectacular weather just to my liking. Not too hot with bright blue skies. If you've been wondering about our temperatures during the winter months, this winter has been very mild. In the past, on occasion the temps have gone down into the low 60's at night. … (0 comments)

hawaii condos: And the buy of the day is.... - 03/27/08 09:25 PM

Sandpiper 216 just came on the market at $399! This is an upstairs interior unit which faces the courtyard and the pool. Although you do get a little bit of pool noise, the on-site management at Sandpiper is excellent and they do an great job of keeping things quiet after hours. … (0 comments)

hawaii condos: Princeville condo (and house) update for the week of March 16th to 22nd - 03/24/08 02:42 PM
Happy Easter,
....and what a glorious day it is! To me, the perfect day is one with bright blue skies, a few puffy white clouds, and cooling trades- and that is just what we have today. The combination of warm sun and cool tradewinds keeps your body temperature just perfect. I hope … (0 comments)

hawaii condos: A few thoughts on Puhi and Princeville living........ - 03/18/08 03:48 PM

Twenty one minutes. That's how long it takes to walk from my Puhi townhouse where I am house sitting to Home Depot. If I had kept going straight on Puhi Road instead of turning towards Kukui Grove Shopping Center, I probably could have walked to Kauai Community College in about the … (0 comments)

hawaii condos: Princeville condo (and house) update for the week of March 9th to 15th - 03/17/08 05:46 PM
 
Aloha and Happy St. Patrick's Day!
I not much of a beef eater but could not pass up some excellent corned beef and cabbage at a weekend St. Paddy's day party. Hope all of you enjoyed the weekend with something green. (perhaps a green beer?) The weather has been holding steady, with … (0 comments)

hawaii condos: Sometimes it's just a matter of timing....Puamana and Nihilani update - 03/13/08 10:47 PM

Real estate agents always talk "price" first and foremost, but sometimes it really is just a matter of timing. Case in point: Puamana 22C listed for $419K went into escrow the other day with only 16 days on the market. The thing about it is, this unit was previously listed from … (0 comments)

hawaii condos: Princeville condo (and house) update for the week of March 2nd to 8th - 03/10/08 12:53 AM
Aloha,
I hope you are not somewhere reading this where the weather is undesirable, as I have to report that we have had yet another stellar week. Today the ocean was so invitingly flat (can you tell I am not a surfer?) it looked like a bathtub. It was bright and sunny … (0 comments)

hawaii condos: News from Poipu's PiliMai plus Princeville update - 03/04/08 01:03 AM
Aloha,
Today's MLS update had some new property on the market, Brookfield's PiliMai in Poipu. These are the listings:
Copyright 3/3/2008 by Hawaii Information Service
NEW LISTINGS
208097 T A 0 4-2-8-14-33-117 FS $828,500 Pili Mai At Poipu 1,443 #1004 3/3208103 T A 0 4-2-8-14-33-119 FS $883,600 Pili Mai At Poipu 1,208 #1006 2/2.5208096 … (0 comments)

hawaii condos: Island News March 08 - 03/02/08 07:15 PM
Aloha,
I hope you've been having the same spectacular weather we've been enjoying.  The week before last was so wonderful that even the locals (like me!) were saying how rare it was to have one full week of absolutely perfect days.  We're back to more normal weather now which is sun, light … (0 comments)

hawaii condos: Princeville House update for the week of Feb 24 to Mar 1 - 03/02/08 01:12 AM
Aloha,And warm tropical wishes to you.  We've been having great weather which always brings out the buyers.  Hopefully it will continue so we can get some of the good values SOLD!  Here is your Princeville house update for this week: Copyright 3/1/2008 by Hawaii Information Service
NEW LISTINGS206819 RS A 5 4-5-4-8-4 … (0 comments)

hawaii condos: Princeville condo update for the week of Feb 24th to Mar 1st - 03/02/08 01:07 AM
 
Aloha,
It sure seems to me that real estate activity has suddenly picked up - at least for this past two weeks. I know I've been busy showing property as have several other agents in our office, plus I've had several showing requests which is a welcome change of pace. Perhaps the … (0 comments)

hawaii condos: Princeville House update for the week of Feb 17 to 23 - 02/24/08 05:47 PM
Aloha,
Here's your Princeville House update for this week:
Copyright 2/24/2008 by Hawaii Information Service
NEW LISTINGS207583 RS A 6 4-5-4-8-47 FS $3,275,000 5045 Kapiolani Lp 16,502 sqft 4,226 5/4.5
UNDER CONTRACT204442 RS U 51 4-5-4-16-21 FS $1,239,000 4070 Kaa'humanu Pl 10,536 sqft 2,334 3/3
PRICE CHANGES206607 RS A 791 4-5-4-19-19 FS $1,045,000- … (0 comments)

hawaii condos: Princeville Condo (and house) Update for Feb 17 to Feb 23 - 02/24/08 05:44 PM

I knew it just couldn't last forever.. I mean the weather was so stunningly picture perfect every day last week I just had to go to the beach yesterday. I've been working all week at my home office where I can look out and see the ocean from my condo as … (0 comments)

hawaii condos: Princeville Condos - List vrs. Sales price - 02/22/08 08:40 PM

I alway wonder when sellers raise their price or come back on the market at a higher price when they can't sell their property. The logic there simply escapes me, unless perhaps the seller feels the market is moving upward and it's time to move up with it. If this is … (0 comments)

hawaii condos: Princeville condo (and house) update for the week of Feb 10th to Feb 16th - 02/19/08 12:59 PM
 
Aloha,
Welcome back from a long holiday weekend. I know I'm late with this week's update but it was a very busy weekend for me....and yes, I just had to go to the beach for a couple of hours yesterday. You would have done the same if you were here; it was … (0 comments)

hawaii condos: An explanation of Condo Maintenance Fees - 02/13/08 01:38 AM
One of the first things I discuss with condo buyers are the maintenance fees, also referred to as HOA fees (Home Owners Association) or AOAO fees.  (Association of Apartment Owners)  All of these terms refer to a monthly fee charged to each condo owner for the management, insurance, upkeep, maintenance and … (2 comments)

hawaii condos: Property Inspections : Scope of the inspection - 02/13/08 01:33 AM

I recently had a client point out to me during our final walk-through that the shut-off valves for the bathroom sink were frozen. The client was concerned since he'd had a property inspection and wondered why the inspector did not "catch this problem." The answer, while simple is often misunderstood or … (0 comments)

hawaii condos: The first resale Ka'iulani goes into escrow..... - 02/13/08 01:21 AM
 
The news today is that what I believe to be the firse resale Ka'iulani went into escrow after 307 days on the market. This unit is priced at $1,685,000; down considerably from the original $2,150,000 it was listed for in 4/07. Unfortunately, this unit was purchased for $1,861,490 in 3/07, which … (0 comments)

hawaii condos: Princeville Condo (and house) Update for Feb 3 to Feb 9 - 02/11/08 10:38 PM
 
Aloha from Sunny Kauai! We finally have a perfect day with everything you'd expect from a tropical paradise. Sun, blue sky, fluffy white clouds and of course, the tradewinds. I live in a complex (Cliffs) that not only has whole ownership but also timeshare, and I often feel sorry for the … (0 comments)

hawaii condos: What is a taxkey number? - 02/07/08 09:46 AM
You've seen them on the Multiple Listing Service- a 5 or 6 digit number separated by dashes. Have you ever wondered what that number is? Every piece of property in the entire State is identiifed by a unique number known as the taxkey number. If you know what area the numbers … (0 comments)

hawaii condos: What about sellers in today's market? - 02/07/08 09:44 AM
 
One client asked me how to make sense of what is going on in the market and I have to admit, it's not easy. Not only do you have the external factors impacting the market (i.e. the negative news, continuing problems with the sub prime loan market, overdevelopment in certain areas … (1 comments)

hawaii condos: Why even buyers don't like a buyer's market! - 02/07/08 09:40 AM
I've talked about seller's in today's buyer's market. Now I'd like to turn the focus onto the buyers.
Every single buyer out there right now is a bargain hunter, as they should be in this buyers market but it's a very hard time for sellers. I was reflecting on the seller's market of … (0 comments)

hawaii condos: January Princeville Condo / House Perfomance - 02/06/08 04:13 AM
January Princeville condo / house market performance
Everyone is always asking how the market is here. I am very visual and think one picture is worth 1000 words so I am showing you what went on for the last month with Princeville Real Estate. These are all the new listings, properties back … (0 comments)

hawaii condos: Agent Responsibilities - 02/04/08 12:28 PM
Most people, when buying real estate, have an "agent." Few however, seem to know the duties owed to them by their agent, nor do they recognize the value of having their own agent as opposed to "dual agency." Agent is defined as "A party who is authorized to act in the … (0 comments)

hawaii condos: Princeville Condo and House Update for January 27 to Feb 2 - 02/04/08 12:23 PM
Aloha,
One of my fellow agents told me that I was less likely to get a real estate call on Super Bowl Sunday than on any other day of the year. In other words, she was letting me know that I'd have plenty of uninterrupted work time today. Who am I kidding- … (0 comments)

hawaii condos: Vacation Rental Ordinance on the way to becoming law... - 02/03/08 09:28 PM
Although there's always an assortment of Kauai happennings, I am going to focus on what I consider the be the biggest news to come down the pike in a LONG LONG time-and that is, the County Council has FINALLY passed a vacation rental bill! This issue, (like many others on the … (0 comments)

hawaii condos: Conveyance tax facts you need to know - 02/01/08 03:30 PM
As of July 1, 2005 there was a change in the amount of conveyance tax that sellers pay when transferring property. A conveyance tax, much like the name implies, is a tax paid to the state of Hawaii "for all transfers or conveyance of realty or any interest therein..." (Section 247.2 … (2 comments)

hawaii condos: My best advice for sellers in a buyer's market - 01/31/08 02:43 PM
In this buyer's market where offers are few and far between compared to a couple of year back, and those that are forthcoming are often falling short of seller's expectations, it is the wise seller who can see beyong the perceived insult of a low offer and respond in a postive … (0 comments)

hawaii condos: Kai'ulani snapshot for Jan 30-31 - 01/31/08 02:13 PM
Kai'ulani is the newest condo complex in Princeville and is undoubtedly the most luxurious and beautiful, with pricing to match. It is located at the end of Queen Emmas Bluffs Road, on a parcel which sits just beyond the Villas on the Prince. While looking at the MLS daily updates for … (0 comments)

hawaii condos: Princeville Condo (and house) Update for January 20 to 26 - 01/27/08 11:03 PM
Aloha,
Last week was pretty slow for condo. Take a look at last weeks activity and you'll see what I mean:
Copyright 1/27/2008 by Hawaii Information Service
NEW LISTINGS
206307 T A 4 4-5-3-11-1-18 FS $999,000 Villas On The Prince #18 1,800 #18 3/3206549 T A 2 4-5-3-6-22-3 FS $1,900,000 Kaiulani Of Princeville … (0 comments)

hawaii condos: Hanalei Valley Hike - 01/23/08 10:58 PM
I've been on the Hanalei Okolehau Trail before but its been so long I'd forgotten how beautiful it is. I also was not aware of how far the trail actually goes. The trailhead is accessed by driving up the Hanalei Valley road (Ohiki Road) located at the one lane bridge as … (0 comments)

hawaii condos: Market Activity for Monday, January 21st. - 01/22/08 02:12 AM
Aloha,
Each day as I scan through the daily update, I look to see what has gone into escrow and how many new properties came on the market. Most of the time, there's plenty of new listings but little in the way of properties that received accepted offers. I'm happy to report … (0 comments)

hawaii condos: Princeville Condos vs. Homes - 2007 snapshot - 01/21/08 12:12 PM
Aloha,
I'm always talking about condos - If you've been wondering what Princeville homes have been doing, the answer is not too much. Right now there are 59 properties on the market, with only 5 in escrow. Here are the available properties:
Copyright 1/21/2008 by Hawaii Information Service
204102 RS A 56 4-5-3-12-42 … (0 comments)

hawaii condos: Princeville Condo and House update for the week of Jan 13th to 19th - 01/20/08 11:13 PM
Aloha,
And welcome to your weekly update. Today ended up sunny with cooling breezes although this morning, as I watched wave after wave of rain come in off the ocean I wasn't so sure we'd see much of the sun. However, it did end up as a perfect winter day with temps … (0 comments)

hawaii condos: Poipu's PiliMai is alive and well - 01/18/08 03:54 PM
Aloha,
I'm going to divert from my usual Princeville focus and switch down to Poipu for a moment to pass along some information received from Brookfield Homes, the developer of Princeville's Nihilani. Brookfield just announced they have received their builidng permits for their Poipu condo project, PiliMai, which I thought might have … (0 comments)

hawaii condos: After 593 days on the market..... - 01/15/08 11:45 PM
FINALLY, FINALLY, FINALLY......
Some astute buyer has put in an accepted offer on the Leasehold Pali Ke Kua #238 listed for $350K! - after only 593 days on the market and price reductions that started out at $699,900 and gradually moved downward over the years! Am I surprised? Yes, but only because … (0 comments)

hawaii condos: Princeville Condo Update for January 6 to 12 - 01/14/08 05:12 PM
Aloha,
I'm going to get right down to business this week so here it is: your update for this past week:
Copyright 1/13/2008 by Hawaii Information Service
NEW LISTINGS205059 T A 3 4-5-3-11-1-3 FS $850,000 Villas On The Prince #3 1,737 #3 3/3205685 T A 4 4-5-4-15-21-21 FS $459,000 Sandpiper Village I #121 1,042 … (0 comments)

hawaii condos: Kauai Condo statistics for year end 2007 - 01/11/08 07:03 PM
The end of year statistics are out and overall for Princeville condos it was a good year after all, despite all the gloom and doom news heard on every new channel and in every newspaper.   For Hanalei Zone, which includes the condos both in Princeville as well as Hanalei Colony Resort … (0 comments)

hawaii condos: Nihilani - final phase pricing vrs. resales + Pili Mai - 01/09/08 07:55 PM
 
Aloha,
I think most of you are familiar with Nihilani at Princeville - one of the newer condo developments in Princeville.  This complex shares the center of Pepelani Loop with The Plantations, a complex built a year or two earlier.  Nihilani is the only complex to offer 2 car garages with the … (0 comments)

hawaii condos: Princeville Condo Update for December 30th to January 5th - 01/07/08 04:46 PM
Aloha Elaine
Aloha,   And one final Happy New Year.  Everyone is planning on more stabilization in the marketplace this year with plenty of opportunity for any buyer looking for it.  Here on Kauai, I continue to feel that one of our major "problems" is a surplus of inventory, which coupled with … (0 comments)

hawaii condos: Count Whales, not sheep........ - 01/02/08 08:30 PM
If you're one of those Island visitors who come for several months during the winter, perhaps you'd like to volunteer for the National Oceanic and Atmospheric Administration's Annual Whale Watch count that starts on January 26th and continues on February 23rd and March 29th. This shore based count, held throughout the … (0 comments)

hawaii condos: A restaurant to try in 2008 - 01/01/08 08:09 PM
While reviewing The Garden Island newspaper in preparation for writing my newsletter, (which can be seen on my website) I came across an article in the Business Section of the Dec. 16th issue that surprised me. I didn’t realize that “The Mediterranean Gourmet, located beachfront at the Hanalei Colony Resort in … (2 comments)

hawaii condos: Hau'oli Makahiki Hou from Kauai - 12/31/07 10:58 AM
Wishing you and yours a wonderful New Year or as they say in Hawaii - Hau'oli Makahiki Hou! … (0 comments)

hawaii condos: Princeville Condo Update for December 23rd to 30th - 12/31/07 02:04 AM
Happy Almost New Year or Hauole Makahiki Hou!  Not much has happened this past week, due primarily, in my opinion to rain, rain and more rain.  Does this sound like last weeks intro to the condo update?  If so, it should because we have now had two weeks of rain which … (0 comments)

hawaii condos: What is a condhotel and why should you care? - 12/27/07 03:13 PM
 
Much like the name implies, a condhotel is a condominium that offers lodging to the general public like a hotel.  Unfortunately, if your agent is inexperienced or not familiar with condos, you may never run into this term until you go for financing, which is why I strongly recommend seeing a … (0 comments)

 
Real Estate Agent: Elaine Schaefer (R, BIC, GRI, ABR) (RE/MAX Kauai Princeville Resort Branch)
Elaine Schaefer (R, BIC, GRI, ABR)
Princeville, HI
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RE/MAX Kauai Princeville Resort Branch

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