kauai condos: Princeville Kauai condo (and house) + short sale update for the week of Sep 12th to 18th - 09/20/10 01:01 PM
Aloha,
If you were ever curious as to just how far away Africa is, let me tell you, it is far. 5.5 hours from Kauai to LA, 4.5 hours from LA to Atlanta and then there's always the 15.5 hour flight from Atlanta to Johannesberg. Was it worth it? Most definitely. But I'd better not get started or we'll never get to this weeks update:
Copyright 9/20/2010 by Hawaii Information Service
NEW LISTINGS238812 CND AT CPR A 4 4-5-3-11-1-26 FS $878,000 Villas On The Prince #26 6,000 sqft 1,765 #26 3/3.00238674 CND AT CPR A 3 4-5-3-6-22-43 FS $1,695,000 Kaiulani Of … (2 comments)

kauai condos: Princeville Kauai condo (and house) + short sale update for the week of Aug 15th to 21st - 08/22/10 08:34 AM
Aloha,
It was a relatively quiet week with minimal activity as you'll see from the update. Overall, we're slightly behind where we were this time last year, with 44 properties sold in Aug 09 compared to 39 sold so far this month. Do you think we'll meet or exceed that number? Island wide there are currently 180 listings in escrow, 36 of which show as either short sales or foreclosures, so I'd say the outlook is good. Condos are on track with 15 sold as of today's date which is the same number that sold for all of Aug 09. Houses … (0 comments)

kauai condos: Princeville Kauai condo (and house) + short sale update for the week of Aug 1st to 7th - 08/08/10 06:45 PM
Aloha,
Another week has flown by with a minimum of activity, although we did have one short sale finally go into escrow and two lower end units close. Take a look for yourself:
Copyright 8/8/2010 by Hawaii Information Service
NEW LISTINGS237578 CND AT CPR A 23 4-5-3-6-22-5 FS $575,000 Kaiulani Of Princeville #5 2,843 #5 3/3.01229652 CND AT CPR A 4 4-5-3-6-22-18 FS $1,950,000 Kaiulani Of Princeville #18 2,864 #18 3/3.01228165 CND AT CPR A 4 4-5-4-12-10-27 FS $479,000 Emmalani Court #415 1,456 #415 2/2.00237611 CND AT CPR A 2 4-5-4-5-24-21 FS $499,000 Nihilani At Princeville Resort #7C 1,972 #7C 3/3.00226784 … (0 comments)

kauai condos: Princeville condo (and house) + short sale update for the week of Jul 25th to 31st - 08/02/10 12:42 PM
Aloha,
This was a busy weekend, if not in real estate then in regards to all the wonderful activities which were available. Here's just a sampling:
Fourth annual Hanalei open water swim on Saturday
Limahuli Garden work / hike Saturday in Haena
Ninth annual Iaorana Tahiti workshop in Kapaa Beach Park Saturday and Sunday
Bon Dance is at the Kapaa Hongwanji Mission on Saturday
Hanalei's First Sandcastle Contest on Saturday
"The Cove" a free movie at the Princeville Community Center on Saturday
"Loveland" a one woman show at Church of the Pacific, Princeville, Saturday......
You could also volunteer to repair the … (0 comments)

kauai condos: Princeville Kauai condo (and house) + short sale update for the week of Jul 18th to 24th - 07/25/10 10:16 AM
Aloha,
The weather has been stellar, the winds warm with beautiful blue skies and white puffy clouds, but the real estate - not quite so good. Here were are almost into August and it's pretty quiet in most parts of town. Now, don't get me wrong - the buys out there are nothing short of phenomenal and interest rates are spectacular (however actually qualifying for one of those loans is another matter entirely) so I'm not quite sure why buyers are still sitting on the sidelines. The quality of life here is certainly something to write home about but perhaps the … (0 comments)

kauai condos: Princeville Kauai condo (and house) update for the week of Jul 4th to 10th - 07/11/10 12:37 PM
Aloha,
It's been another somewhat quiet week - although a very beautiful sunny one. Short sales and REO's continue to dominate the market with two new condo short sales coming on the market and two going into escrow this week. Here is your update:
Copyright 7/10/2010 by Hawaii Information Service
NEW LISTINGS236584 CND AT CPR A 4 4-5-4-5-23-21 FS $377,000 Plantation At Princeville #611 1,153 #611 2/2.00236696 CND AT CPR A 3 4-5-4-5-24-15 FS $649,000 Nihilani At Princeville Resort #5C 1,986 #5C 3/3.00236681 CND AT CPR A 3 4-5-4-5-39-175 FS $995,000 Cliffs At Princeville #8201 963 #8201 1/2.00
BACK ON THE … (0 comments)

kauai condos: Princeville Kauai Hawaii condo (and house) update for the week of Jun 27th to Jul 3rd - 07/04/10 02:21 PM
Aloha,
Happy Fourth of July! I hope all of you are enjoying the same magnificent weather as we are here on Kauai. We enjoyed the fireworks at PMRF last night and tonight you can see even more at the Vidinha Stadium where the Kauai Hospice presents their annual fundraiser, "Concert in the Sky." It's a fun filled day with live music, crafts, games, food and of course, culminating in a fantastic fireworks display.
There are no new listings this past week but we did have 5 properties come back on the market for one reason or another while 4 others went … (0 comments)

kauai condos: A change in Kauai Short sales and the MLS - 06/30/10 07:57 PM
Aloha,
As of July 1st, the Hawaii MLS is changing their rules to require that all short sales be changed to "contingent" as soon as an offer is accepted by the seller. Previously, many agents kept their listings as "active" until they had acceptance by the bank. This meant that although a property showed as an active short sale, a call to the agent was typically required in order to see if there were any offers in play. I'd be curious to know how short sales are handled on other MLS platforms.
Just for fun, here is a list of all … (0 comments)

kauai condos: A change in Short sales and the Kauai MLS - 06/30/10 07:47 PM
Aloha,
As of July 1st, the Hawaii MLS is changing their rules to require that all short sales be changed to "contingent" as soon as an offer is accepted by the seller. Previously, many agents kept their listings as "active" until they had acceptance by the bank. This meant that although a property showed as an active short sale, a call to the agent was typically required in order to see if there were any offers in play. I'd be curious to know how short sales are handled on other MLS platforms.
Just for fun, here is a list of all … (0 comments)

kauai condos: A change in Short sales and the Kauai MLS - 06/30/10 07:46 PM
Aloha,
As of July 1st, the Hawaii MLS is changing their rules to require that all short sales be changed to "contingent" as soon as an offer is accepted by the seller. Previously, many agents kept their listings as "active" until they had acceptance by the bank. This meant that although a property showed as an active short sale, a call to the agent was typically required in order to see if there were any offers in play. I'd be curious to know how short sales are handled on other MLS platforms.
Just for fun, here is a list of all … (0 comments)

kauai condos: A change in Short sales and the Kauai MLS - 06/30/10 07:45 PM
Aloha,
As of July 1st, the Hawaii MLS is changing their rules to require that all short sales be changed to "contingent" as soon as an offer is accepted by the seller. Previously, many agents kept their listings as "active" until they had acceptance by the bank. This meant that although a property showed as an active short sale, a call to the agent was typically required in order to see if there were any offers in play. I'd be curious to know how short sales are handled on other MLS platforms.
Just for fun, here is a list of all … (0 comments)

kauai condos: Princeville Kauai condo (and house) update for the week of June 20th to 26th - 06/27/10 11:39 AM
Aloha,
Ok, so it's not a sizzling hot summer - but that's not due to lack of good inventory. A large part of it may be difficulty in obtaining a loan. Whatever normal roadblocks there used to be, you can now multiply that by 5 or 10 and plan on extending your closing while you're at it. Getting a loan these days - especially for a condo in a resort area, can be quite challenging due to the guidelines set forth by Fannie Mae and Freddie Mac, and if you go for a portfolio loan, be ready to pay higher points … (0 comments)

kauai condos: Princeville Kauai condo (and house) update for the week of June 13th to 19th - 06/20/10 11:42 AM
Aloha,
I love to read headlines and then to interpret what is actually being said. For example, in the June 7th Honolulu edition of the Pacific Business News the headline read "Kauai home, condo sales soar in May, prices aren't following suit." Wow, I said to myself, did I miss something? Since I report on the stats each month, I thought I'd better go back and take a second look and here is what I found:
Yes, I guess sales did "soar" if you consider a 46% increase in total sales, going from 37 properties sold in May 09 to 54 … (0 comments)

kauai condos: Princeville Kauai condo (and house) update for the week of June 6th to 12th - 06/14/10 11:41 AM
Aloha,
Seems the bank REO's and short sales are finally finding buyers both in condos and homes. Take a look at this week's update:
NEW LISTINGS235814 MTF,RES SA CF A 1 4-5-3-6-22-1 $1,495,000 Kaiulani Of Princeville #1 18.00 ac 2,843 #1 3/3.01235875 RES SA CF A 1 4-5-3-6-22-56 $1,395,000 Kaiulani Of Princeville #56 18.00 ac 2,443 #56 3/3.01235459 RES LR CF A 6 4-5-4-12-11-55 $1,488,000 Puu Poa #413 1,765 #413 2/2.00
CONTINGENT SALES232789 RES LR CF C 9 4-5-4-5-18-68 $229,999 Puamana #19B 1,532 #19B 2/2.00231562 RES LR CF C 122 4-5-4-5-4-2 $299,000 Princeville Mauna Kai #2A 1,503 #2A 2/2.00234345 RES OT,SA … (0 comments)

kauai condos: Princeville condo (and house) update for the week of May 23rd to 29th - 05/30/10 12:38 PM
Aloha,
Happy Memorial Day weekend. Judging from the bright blue skies and our wonderful tradewinds, it seems like it will be a holiday weekend enjoyed by all. Here is your update for this week:
Copyright 5/30/2010 by Hawaii Information Service
NEW LISTINGS234452 RES LR,SA CF A 3 4-5-4-5-23-22 $497,500 Plantation At Princeville #612 1,153 #612 2/2.00
BACK ON THE MARKET234032 RES SD CF A 39 4-5-4-12-3-23 $649,000 Hanalei Bay Villas #23 1,244 #23 2/2.01
SALES232998 RES CD CF S 11 4-5-3-6-22-17 $1,495,000 Kaiulani Of Princeville #17 2,864 #17 3/3.01SOLD 5/27/2010 for $1,300,000 (CASH) DOM 11
218639 RES FC FR S 4-5-4-5-23-30 … (0 comments)

kauai condos: Princeville Kauai condo (and house) update for the week of May 16th to May 22nd - 05/23/10 09:05 AM
Aloha,
I guess I better quit saying that we are hoping the market will pick up once we "get into summer" because in another week we'll be out of May and officially into what is typically the "hot summer months." Sales have been tenuous, with plenty of good buys but not enough good buyers, or so it seems. Every now and again we see a spurt of activity and overall it seems to be on the upswing as sellers either come to terms with pricing or are forced into a short sale or foreclosure situation. Take a look at what went … (0 comments)

kauai condos: Princeville Kauai condo (and house) update for the week of May 9th to 15th - 05/18/10 07:25 AM
Aloha,
While there doesn't appear to be a lot of activity in Princeville condos this past week, the rest of the Island managed to put 15 properties into escrow. Of these 15, one was a business, 5 were land, 2 were condos (in Poipu) and 6 were homes. Overall, things are starting to pick up and many of the realtors I've talked with are looking forward to a busy summer especially since there are so many good buys across the board. Now, on to your update for this week:
Copyright 5/16/2010 by Hawaii Information Service
NEW LISTINGS234836 RES LR,SD CF A … (0 comments)

kauai condos: Princeville Kauai condo (and house) update for the week of May 2nd to 8th - 05/09/10 11:03 AM
Aloha,
It's been a mixed bag again this week, as far as the weather goes with some sun (we had one really nice day) coupled with several other days where it vacillated between sunshine and downpours. I know of at least one showing that was cancelled due to the weather - so I'm hoping for lots of sunshine in the coming weeks. Let's get right to the update:
Copyright 5/8/2010 by Hawaii Information Service
NEW LISTINGS234601 RES LR CF A 3 4-5-4-6-1-50 $280,000 Villas Of Kamalii #50 1,825 #50 3/3234283 RES OT CF A 5 4-5-4-5-18-1 $310,000 Puamana #1A 1,312 #1A … (2 comments)

kauai condos: Kauai April 2010 Market Statistics - 05/05/10 12:30 PM
Aloha,
Another month has flown by, bring with it new statistics! The market continues to be littered with short sales and foreclosures which - in regards to the short sales, can often take months to close. I've seen some good buys though if you can hang in there. At the same time, I've seen seeing some very attractive pricing from sellers which is what separates those who really want to sell from those who just think about selling.
For the past month of April, there were a total of 64 sales which is a 39% increase over the 46 sales of … (0 comments)

kauai condos: Princeville condo (and house) update for the week of Apr 25th to May 1st - 05/02/10 10:24 AM
Aloha,
Happy Belated May Day to everyone. Yesterday we had the wonderful opportunity to support "Leadership Kauai" by attending their "Let Me Lead" benefit luncheon aboard the Golden Princess Cruise ship in Nawiliwili Harbor. This $40 p/p extravaganza was extremely well priced as it included a silent auction, Hawaiian music by Doric Yaris, and an ono gourmet lunch in the opulent dining room with a choice of salmon or chateaubriand. Afterwards, Dorin Kaauwai (a dancer extraordinaire) gave a cha cha lesson then we danced several more dances to big band sounds from the Starlighters. This sold old event started at 11 … (0 comments)

 
Elaine Schaefer, R, CRS, GRI, ABR, SFR (Sold on Kauai Realty)

Elaine Schaefer

R, CRS, GRI, ABR, SFR

Princeville, HI

More about me…

Sold on Kauai Realty

Address: POB 223632, Princeville, HI , 96722

Mobile: 808 639 2935



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