Elaine Schaefer's Blog

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Real Estate Broker/Owner - Sold on Kauai Realty - RB-18142



Aloha, It's been a pretty quiet week with more price reductions than anything else. It's good to see that there was only one (yes one!) new condo listing this week. With 164 already listed, it's not like we need a bunch of new ones. If you read my previous posting, you know I personally think tha...
If I told you that I just went from representing 50% of the sellers of Princeville homes currently under contract to only representing 33%, you would probably wonder what happenned to "ALL" the other houses to cause such a percentage drop. After all, if you're assuming there's maybe 30 or 40 home...
Aloha, I hope you've been enjoying the Olympics as much as I have. So many world records are being broken!!! As for real estate, I can't say that the same has been happening - in fact, it's been relatively  quiet although I've been out with a few buyers looking for properties on the low end. I su...
Everyone always asks about closings costs- who pays what and how much. In Hawaii, the escrow fee is split 50 / 50 between seller and buyer with the title insurance cost shared on a 60 / 40 basis between the same. If you want to get a rough idea of closing costs for any given purchase or sale, go ...
Aloha, We've been talking for a long time about sellers that don't quite seem to get that it's totally a buyer's market... not a little bit of a buyer's market or a wanna be buyer's market but a full on full tilt buyer's market. Yep, that's what we're in and guess what? Some sellers are finally p...
Aloha, It's been a busy week for me, especially since I'm still catching up after coming back from vacation. There seems to be quite a few buyers out there looking and I've seen more and more offers being written. Sellers that are going into escrow are probably taking less than what they were hop...
Aloha, It's time again for the ups and downs of last month's market. Starting with the number of sales, Island wide residential sales are down 12% comparing July 07 to 08 going from 33 to 29 sales and 36% year to date compared to last year at this time. 278 homes had sold this time last year whil...
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 even went through Yellowston...

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