Monthly Archives: May 2010

Kauai Luxury Market – Bouncing Back or Still Bouncing?

The Wall Street Journal highlights recent luxury market sales in San Francisco. On Kauai, however, the numbers don’t fit the national statistics quoted in the article. Looking at the first quarter of 2010, there were 3 sales above $2M. In the same 3 months of 2005 there were 16 sales above $2M. Continue reading

Posted in Kauai market updates, Oceanfront Real Estate | Tagged , | 3 Comments

Aloha vs. Red Carpet – Hollywood North Shore Style

The respect and aloha so deeply a part of local culture makes Kauai’s North Shore a welcome second home to many famous Hollywood stars and musicians.  Being able to relax, enjoy the beaches, local shopping and restaurants where people respect … Continue reading

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Princeville REO Home with Bali Hai Views SOLD – $490,000

Ever wonder what happened after viewing a home, or watching a video walk-through? This Princeville REO home with Bali Hai views was purchased by the previous owner in September 2005 for $1,067,000.  After an unsuccessful short sale offering, the lender … Continue reading

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Coconut Coast Oceanfront Value

Looking for a 2nd home on Kauai at a great value?  Foreclosures are not always the answer. This Eastside gem is priced lower than smaller REO and Short Sale oceanfront condos along Kauai’s Royal Coconut Coast.  Perfect for vacation rental, … Continue reading

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Real Estate Market gets Dual Diagnosis

This morning, Les Christie of CNNMoney.com diagnosed the real estate market as ‘Bipolar’… Bipolar is what comes to mind when diagnosing the post-homebuyer tax credit market. There are two separate forces pulling it in opposite directions, and experts aren’t yet … Continue reading

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Kauai Market Update – “Pin the tail on the donkey??”

Where’s the market?  Tracking Kauai market statistics and conflicting national foreclosure news makes me feel like I’m blindfolded, being spun around trying to find ‘the bottom.’ As you can see from the weekly news highlights below, reports are all over … Continue reading

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Kauai REO Market Speeds Up

It’s not just an illusion – Kauai REO real estate listings are moving faster.  We’re not quite at “Gone in 60 Seconds” but with 2 of the 4 new listings this week already gone…getting close.  Wonder if Nicolas Cage and … Continue reading

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Vacation Rental Reversal on Kauai Ag Land?

Kauai real estate buyers often are overwhelmed trying to understand all the zoning issues and variances on such a small island. The vacation rental ordinance is a prime example. A recent Garden Island news story covers proposed changes to the law that has severely impacted many Kauai homeowners. Continue reading

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3 Tips for Buying a Kauai Foreclosure

Top 3 Tips on how to buy an REO on Kauai. Continue reading

Posted in Buying a home, How To, Kauai foreclosures, Short Sales | Tagged , , , , | 2 Comments