This is to update yesterday's post on a report of work being stopped at Kauai Lagoons Resort. Additional information has been provided in today's Garden Island Newspaper wherein Kauai Lagoons developers are putting a positive spin on what they call a temporary postponement. Per a newspaper inte
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11/22/2008
The lead paragraph in today's Pacific Business News (PBN) article on the Marriott Kauai Lagoons resort reads "Marriott has halted construction at its $1.4 billion Kauai Lagoons resort project..." According to PBN, all vertical construction is on hold but infrastructure work will continue. In th
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11/21/2008
Home Pick of the Week The home picks of the week is a property that I highlight as a special opportunity for buyers. Picks may be based on features, location, value, or other criteria that I believe makes the property worthy of special consideration. I do not accept fees for featuring a proper
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11/14/2008
The Garden Island newspaper published a lengthy article today on a proposed commercial center in the Lihue area that will include a new Safeway store plus numerous other businesses and offices. Currently, Kauai is served by multiple local grocery chains plus one Safeway located in Kapaa. This w
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11/13/2008
By almost a 2:1 margin, Kauai voters approved a Counter Charter amendment that was placed on the ballot through a citizens' petition. The new law which takes effect on December 4 puts limits on new transient accommodation units (hotels, timeshares, and vacation rentals). The growth in these uni
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11/12/2008
Maui held it's Central Caravan today with about 20 agents touring 9 new listings. I always enjoy the opportunity to compare Maui & Kauai inventory (see earlier post for sales statistics) and today was a good one for that. The Central Maui Caravan is unique in that it is operated in true caravan
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11/12/2008
Bernard Carvalho Jr. was elected as Kauai's new mayor in last week's elections. Kauai is one of 4 counties comprising the state of Hawaii and each county is run by a mayor so this is a responsible position. He defeated Joann Yukimura in the general election with 57% of the vote and will serve a
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11/12/2008
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11/07/2008
Is Kauai inventory headed back down after climbing for 3 years and peaking in August? I never take 1 month of data as a trend and am hesitant to call 2 months a trend as well. But for now anyway, it does appear from our MLS data that inventory is on a downward track. My own closings have incre
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11/07/2008
A Kauai citizens petition to transfer approval of permits for construction of transient accommodation units from the Planning Department to the Kauai County Council was overwhelmingly approved by voters yesterday. This issue was driven by a recent-years spike in such new units that exceeded wha
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11/05/2008
