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Aloha Everybody:
Here's a little dog story...Being a big dog lover I have
two dogs of my own. My partner Phil has a dog, and we
periodically babysit Phil's daughter's dog while she
travels. So at any one time, we might have 4 dogs
flying around my house and we wouldn't have it any other
way. If you're a dog lover you know what I mean. If
you're not, get a dog and you will be.
My two dogs are a long-haired Chihuahua named Bruiser,
and a Bichon Frise named Max. Phil's dog is a Boxer
named Indie and our step-dog who stays with us sometimes
is a Japanese Chin named Mochi. One thing I've always
liked about dogs is that usually dogs are straight
shooters and pretty predictable. They are relatively
simple loveable creatures that you can always depend on
to love you and be loyal to you. That
is until I got Max, my Bichon Frise. As
a rule, Bichons are simply adorable and Max is no
exception. He is a little white fluffy dog with big
dark eyes and a little black nose. He's incredibly cute
and is usually very sweet. But don't be fooled by the
cute thing. Max plays head games. He's a master at it.
A few weeks ago I went on a little vacation down to the
south side of the Island for Fourth of July for some
much needed R&R. When I got back a few days later my
Chihuahua (who does not play headgames and is always
loyal and loveable) was waiting at the door so happy to
see me, all excited, jumping up and down barking like I
had been gone for weeks. Where was Max but upstairs
hiding under my bed, sulking because I had left him home
alone for two long days with the a neighbor he doesn't
really care for. He was not happy about my little
selfish adventure and he was going to let me know about
it.. Later that night he wouldn't eat what I fed him.
Even when I put the little goodies in it to bribe him.
He just stared at it and looked at me with those sad
eyes as if to say "You're kidding, right? I'm not
eating this.. YOU ABANDONED ME!" and then he turned
around and ran for my bedroom and hid again under the
bed. When I took the dogs for a walk the next morning,
Max started out the door fine. Then suddenly he planted
all four legs and become frozen like a little white
frozen popsicle and wouldn't budge off the front porch.
Finally, after begging and prodding, I gave up and
turned around and took him back inside, defeated once
again When I tried to hold Max and pet him, he
stiffened up like a board, wouldn't look at me, jumped
off my lap and went to lay down under the bed again.
This went on for 4 long days. I was so worried about him
that I started to obsess about it. I said to Phil,
"Something is wrong with Max, I just know it. I'm
taking him to the vet this minute. This has gone on too
long. Poor baby. He's probably in pain and can't tell
me. Maybe he's got early doggy Alzheimers and has
forgotten who I am!" Phil would say, "AnnMarie, nothing
is wrong with Max. He's messing with your head. That's
just Max being Max". Sure enough, early one morning he
jumping up into my lap as I was having tea, reading the
paper. He nuzzled my hand, licked it, and looked up at
me with those cute little floppy ears and sweet little
face, like nothing ever happened. For a minute I
started to wonder if maybe I imagined the whole thing.
Psych!
So now you all know my dark secret: I'm not a good
dog trainer. It's true, I'm an awful
disciplinarian. My dogs rule the roost. No, I don't
watch The Dog Whisperer even though everyone I know who
has dogs has told me to. I don't know how to act like
the Alpha dog which is what they always tell you to do
when your dog is misbehaving. I've never bared my teeth
at my dog when he acted naughty, grabbed him by the neck
and wrestled him to the ground like a good dog owner
would. But my defense to being a lousy dog trainer is
this: That's why I never had kids! By being a
bad dog owner instead of a bad mother, I probably saved
the world from having 3 or 4 awful ill-mannered children
that probably would grow up to torture me and the
general population unmercifully and eventually end up in
San Quinten or some other appropriate place for grown up
bad kids. So please don't judge me too harshly. I may
be contributing to the spoiled dog population, but not
the juvenile delinquent population. And I think that's
better, don't you?
Let's turn to Kauai Real Estate and get up updated on
what happened to the market last month. Sales Volume
took a nice big jump from $22M in May to $34M in June.
Much of that was on the Northshore with Julia's new
house being purchased for $10M.. yes, that's Ms.
Robertson's new 8 acre oceanfront digs right next to
Ke'e Beach (or so the rumor says). If you take out that
big purchase we are still up from the month prior.
Condo volume stayed fairly steady from last month,
vacant land went down just slightly.
On units sold we went from 37 in May, to 42 in June.. a
nice little bump. Houses sold on the north shore more
than doubled from last month (4 vs 9), condos stayed
steady, and land stayed very slow, at 0 lots selling
last month and only 1 selling this month. South shore
homes stayed steady from last month with 4 houses sold.
Condos were down on the south shore from 3 last month
to 1 this month.
Median Home Sales Price took another big dive after
several months of big consistent gains, going from $600K
last month to just $440K this month, showing us that
even though activity is picking up, pricing is still
trying to stabilize and hasn't started climbing back up
yet. Houses on the north shore jumped up a bit to $608K
vs $534K, but condo pricing declined from $837K to
$575K. Southshore homes jumped a bit from $550K to
$684, but east side and Lihue home priced declined.
So to sum up it looks like the market is starting to see
positive gains in many areas, but we are not out of the
woods yet. Time to go walk the dogs now.. hopefully Max
had a pleasant day and he'll go easy on me. Until next
time, Your Island Realtor, AnnMarie
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A
campaign to extend and expand the
housing tax credit officially got
underway on Capitol Hill last month.
Bills have now been introduced in both
the Senate and the House to open up the
credit, to all buyers, keep it on the
books through next year, and get rid of
the current income limitations.
On the House side, two Texas
congressional representatives - one a
Democrat, the other a Republican - have
filed bills calling for a broadening of
the first-time buyer credit to cover all
home purchasers in the coming year,
whether they already own houses or not.
Democratic Congresswoman Eddie Bernice
Johnson of Dallas wants to extend the
November 30 expiration date for the
credit through the end of 2010. Her bill
would also remove the income limits of
the current program, which start phasing
down the amount of the credit at $75,000
for singles and $150,000 for married
couples.
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It's
becoming the buzz word in housing --
"green" homes are what many buyers are
interested in these days. According to
the National Association of Home
Builders (NAHB), as much as 90 percent
of home buyers think that energy
efficiency is a very important factor
when shopping for a home. These same
buyers are also very interested in
environment-friendly features including
having housing close to parks, public
transportation, and well-designed
neighborhoods with sidewalks.
The National Association of Home
Builders Remodelers (NAHBR) -- a council
of NAHB -- says that most homeowners
choose green remodeling projects to help
conserve energy. NAHBR recommends the
following top ways to increase energy
efficiency.
� Install
appropriate insulation in area to be
remodeled.
� Install
high-efficiency windows instead of those
that minimally meet the energy code.
� Seal all
exterior penetrations in areas being
remodeled.
� Purchase
only Energy Star®-rated appliances.
� Install
only low-flow water fixtures.
� Upgrade to
at least an Energy Star®
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Congress
took its first step last month on a mission that
could totally reshape the American mortgage
market.
A House financial services subcommittee held
the first hearing on what to do with Fannie Mae
and Freddie Mac -- the failed, trillion-dollar
mortgage giants that are now operating under
direct federal control.
The ultimate answers are likely to determine
the types of loans and interest rates that home
buyers will have in the future. That's because
Fannie and Freddie have dominated the real
estate market for decades, writing the rulebook
on everything from loan sizes, credit
requirements, downpayments and underwriting
standards.

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