hawaii condos: A few thoughts on Puhi and Princeville living........
- 03/18/08 08:48 AM
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 same time. You simply cannot beat this location for convenience. In fact, I was beginning to wonder what it would be like to live down here full time and give up my North Shore residence. The ease of getting around is both seductive and tempting and makes living here seem … (0 comments)
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hawaii condos: Princeville condo (and house) update for the week of March 9th to 15th
- 03/17/08 10:46 AM
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 occasional evening and early morning sprinkles and bright sunshine and tradewinds all day long. I should add that I've been down in the Lihue area the past few days, housesitting for a friend in the Villas of Puali in Puhi. After being a North Shore resident for the past 17 … (0 comments)
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hawaii condos: Sometimes it's just a matter of timing....Puamana and Nihilani update
- 03/13/08 03:47 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 5/07 to 10/07 during which time it went from a start price of $510K down to a low of $410K - less than what it was listed for this time. At one point, the seller was even willing to pay $7K of closing costs, yet the unit languished and the … (0 comments)
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hawaii condos: Princeville condo (and house) update for the week of March 2nd to 8th
- 03/09/08 05:53 PM
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 with high clouds, just enough to keep a pleasant coolness in the air. My friend and I were over looking at used kayaks at the local kayak rental shop in Hanalei. This was just after we had a seared Ahi sandwich on ciabatta bread by the Hanalei River, sitting at … (0 comments)
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hawaii condos: News from Poipu's PiliMai plus Princeville update
- 03/03/08 05:03 PM
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 T A 0 4-2-8-14-33-115 FS $995,500 Pili Mai At Poipu 1,850 #1002 4/3.5208101 T A 0 4-2-8-14-33-118 FS $1,028,300 Pili Mai At Poipu 1,576 #1005 3/2.5
This is what the the listing says about these properties: Don't miss this opportunity to own this beautiful, brand new PiliMai ground floor model … (0 comments)
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hawaii condos: Island News March 08
- 03/02/08 11:15 AM
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 clouds and pleasant trades.
I'm happy to report that real estate activity seems to have picked up within the last two weeks. This is based on the number of clients I've shown property to, along with what I see going on in our office. I've also have several calls to … (0 comments)
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hawaii condos: Princeville House update for the week of Feb 24 to Mar 1
- 03/01/08 05:12 PM
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 FS $999,000 3921 Punahele Rd 11,872 sqft 1,556 3/2208122 RS A 2 4-5-4-7-19 FS $1,225,000 3928 Punahele Rd 9,999 sqft 1,694 3/2206045 RS A 4 4-5-4-21-18 FS $1,250,000 4922 Akai Pl 10,879 sqft 3,064 3/2.5207373 RS A 6 4-5-4-10-5 FS $1,495,000 4126 Liholiho Rd 9,969 sqft 2,439 3/2.5
BACK ON … (0 comments)
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hawaii condos: Princeville condo update for the week of Feb 24th to Mar 1st
- 03/01/08 05:07 PM
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 outstanding weather we've been having is making it hard for our visitors to go home without a piece of real estate to call their own. On to the news of the week- your condo update!
Copyright 3/1/2008 by Hawaii Information Service
NEW LISTINGS207580 T A 5 4-5-3-11-1-20 FS $975,000 Villas On The … (0 comments)
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hawaii condos: Princeville House update for the week of Feb 17 to 23
- 02/24/08 09:47 AM
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- 5086 Napo'okala Cir 15,326 sqft 2,206 3/3205193 RS A 60 4-5-4-14-31 FS $1,695,000- 3885 Kamehameha Rd 12,127 sqft 2,372 4/3
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.
The new listing at 5045 Kapiolani Loop … (0 comments)
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hawaii condos: Princeville Condo (and house) Update for Feb 17 to Feb 23
- 02/24/08 09:44 AM
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 well as any activity on the bluff in front of my place. Recently, I've had some "long term" neighbors who are here for a month in the timeshare downstairs. Almost every day as I sat typing away on the computer, when I looked out towards the ocean there they were, … (0 comments)
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hawaii condos: Princeville Condos - List vrs. Sales price
- 02/22/08 12:40 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 the case, I must say, the upward surge has escaped me. What I think, simply stated, is this: there is simply too much inventory on the market which, along with all the mainland bad press, is keeping pricing down and buyers away. After all, why hurry over to buy something … (0 comments)
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hawaii condos: Princeville condo (and house) update for the week of Feb 10th to Feb 16th
- 02/19/08 04:59 AM
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 such a spectacular day. We've had several days in a row now that were simply outstanding - truly how you envision the weather to be in "paradise." I worked through the weekend and finally found my way to Kalihiwai Beach where there was a private patch of sand just waiting … (0 comments)
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hawaii condos: An explanation of Condo Maintenance Fees
- 02/12/08 05:38 PM
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 future repairs (reserve funds) needed for the given complex. Typically, maintenance fees cover the following:
Administrative-GeneralProperty ManagementProfessional Fees- LegalAccounting Fees AuditCommon Area ElectricityWater & SewerCommunity Association Dues SuppliesPool ServiceRefuse Removal-GeneralRepairs/Maintenance-BuildingRepairs/Maintenance-PlumbingRepairs/Maintenance-GroundsRepairs/Maintenance-PoolPest Control Taxes-General Excise Real Property Tax on Grounds (Land) Real Property Tax on "Structure"Insurance-Package Fire, Hurricane, Liability
A few also cover electricity within … (8 comments)
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hawaii condos: Property Inspections : Scope of the inspection
- 02/12/08 05:33 PM
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 overlooked, and that is, the Inspector DOES NOT INSPECT EVERYTHING and is not required to inspect everything per the Standards of Practice of their professional organization. The primary exclusions are often briefly summarized within the inspection report itself.
Unfortunately, most clients see only the details of the inspection itself and fail … (0 comments)
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hawaii condos: The first resale Ka'iulani goes into escrow.....
- 02/12/08 05:21 PM
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 will probably net the seller a nice tax deduction for 08.
These are all the Ka'iulanis currently listed and in escrow/under contract:
Copyright 2/12/2008 by Hawaii Information ServiceListed207166 T A 5 4-5-3-6-22-59 FS $995,000 Kaiulani Of Princeville #59 1,892 #59 2/2.5206788 T A 5 4-5-3-6-22-70 FS $995,000 Kaiulani Of Princeville #70 … (0 comments)
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hawaii condos: Princeville Condo (and house) Update for Feb 3 to Feb 9
- 02/11/08 02:38 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 visitors that get here just in time for a week of rain. Sometime I think it bothers me more than it bothers them, as they simply put on their rain slickers and go about their daily walk or on shopping jaunts. I'm sure what I fail to consider is that … (0 comments)
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hawaii condos: What is a taxkey number?
- 02/07/08 01:46 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 represent, you can readily identify the general location of any property at a glance.
The first number identifies the Island: Oahu is alway 1, Maui 2, Hawaii (the Big Island) 3 and Kauai is 4. Since I am on Kauai, I'll go through and explain our taxkey number. After the first … (0 comments)
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hawaii condos: What about sellers in today's market?
- 02/07/08 01:44 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 of the mainland along with the simple fact that here on Kauai, we simply have too much inventory) but within that there is quite a bit of disparity in the listing prices that are often hard to explain until you start looking at the seller's history.
Basically, I see four … (1 comments)
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hawaii condos: Why even buyers don't like a buyer's market!
- 02/07/08 01:40 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 the last few years and found that it was much less painful for both parties involved. Certainly, sellers were thrilled to sell their properties at all time highs but the buyers also seemed excited to score one of the "high demand" properties for their own. I'm sure paying the price … (0 comments)
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hawaii condos: January Princeville Condo / House Perfomance
- 02/05/08 08:13 PM
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 on the market, those that went into escrow (contingent and under contract) as well as withdrawn units, sales and price changes. Basically, this is your snapshot of how Princeville condos performed for the month of January...Take a look and tell me what YOU think the market is doing.
Copyright 2/5/2008 by … (0 comments)
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