| Aloha Everyone: Another season turning
here on Kauai. Spring is giving away to summer and my
trusty thermometer is starting to creep up again. A little
bit anyway. Okay.. not so much. Maybe like 4 degrees. The
winter/spring rains are all but gone. Hanalei Bay is calm
with small lapping waves and the first sailboats are
starting to show up. The boats will be anchored there with
their happy wine swilling ahi steak bbq'ing owners until
around September. The sunsets are increasingly spectacular
with the clear days giving way to late afternoons of pinks,
oranges and even reds painting the sky as it sets into the
ocean and frames beautiful Bali Hai. The whales are heading
north with their calves and the albatrosses will soon part
ways forever with their young scruffy-looking offspring.
After the long rainy winter, the warm sun feels
particularly welcome. I'm very grateful for the beautiful
days. Even in Paradise, sometimes it takes a little rain to
truly appreciate the sunshine.
I was having a normal kind of day not too long back, when
a sinister realization fell upon like a coconut hitting me
on the head. Bonk! I was sipping my usual CocoDream Soy
Latte from Java Kai while standing in line at the checkout
counter of the Kapaa Chevron gas station preparing to buy my
weekly self-serve $7 carwash. As I looked around the
checkout counter I noticed something that I see all the time
but never really thought about. Within my immediate reach
were at least ten different caffeine products. They all
promised quick "Energy", "UP" for 8 hours, "Energize"
yourself, etc. There were funky vitamin looking pills in
little bright packets with the words "UP" printed in hot
pink letters and some other strange looking viles with this
strange caffeine/ginseng stuff in them. I even saw these
little caffeine shooters in small plastic cartons that you
apparently pour into your coffee to give your coffee more
caffeine. No joke. As I stared guiltily at my own (double
shot) CocoDream Soy Latte, I thought of the Starbucks down
in the Safeway shopping center and how they have sprung up
in virtually every corner strip mall in the country. I
began counting off all the energy/caffeine drinks on the
market that are really liquid caffeine cleverly disguised as
soda pop. Some of these drinks have up to 300 mg per 8oz-
that's like 3 cups of coffee squeezed together into one can.
Liquid nitro. These stupid horrible tasting drinks are the
ones with adolescent names like Red Bull, Monster, and
Rockstar. As I was pondering all this, I suddenly realized
that Mainstreet America has a substance abuse problem. We
have somehow become a nation of caffeine junkies. Good
grief. This was a shocking revelation. Befuddled, I stood
there holding the guilty caffeine evidence in my hand. I
took my carwash ticket, turned, dropped my beloved beverage
in the garbage and walked out. I ponderX �ڏ����lZb
ed.... What evil forces were behind all of this? Slowly it
came to me. There must be a vast government conspiracy to
keep me and my fellow Americans addicted to coffee. Was
Starbucks secretly majority-owned by some shadowy government
intelligence agency. Did the CIA actually stand for The
Caffeine Inducement Agency? It all started to make perfect
sense: America has always been the tireless worker bees of
the world and now we are in this horrible energy sucking
recession. What better way to keep the nation's
productivity numbers up than to inject us all full of this
evil super juice so we toil away without complaint, 8, 9, 10
hours a day, then go home, crash into bed, sleep 5 hours,
get up, stumble to the coffee maker, and do it all over
again, day in, day out. No time for Kauai vacations, no
time for sick leave. Just a nation of working zombies fried
out on caffeine working ourselves to an early grave. I
decided then and there I had to save the country. I devised
a plan: first of all, make a commitment to give up my
beloved CocoLatas forever and ever. Uh, revise plan..
Cut Back on my CocoLatas from 12 to 2 a week. And two:
I've got to warn America. This evil conspiracy must be
thwarted. So here's my warning America: Repeat after me "I
will not be a caffeine-filled walking zombie that can't
function without the evil juice. I'm going to grab an OJ in
the morning instead of coffee, and not fill my body full of
this nasty health-depleting, teeth staining, stinky breath
evil drug any longer" (Remember, OJ stands for "Orange
Juice", not an "Outstanding Java") repeat: "I promise to
throw out the dastardly Coffee maker and yes, my very pricey
but even more dastardly Cappuccino machine. The cappuccino
machine too, you say?" Stop it! No whining. You must be
strong. Don't let them win. Do it to save the endangered
coffee bean plant.. (Just kiddinX �ڏ����lZb g, coffee
beans aren't really endangered... yet). Do it for your own
life, liberty, justice, good health, whatever. I don't care.
Just do it because it's the right thing to do and I care
about you. Spread the word.
Real Estate had another month of increasing activity in
April. That makes three months of escalating numbers.
Whoopeee! That's what I call a trend my friend. Things
are looking UP, UP, UP. Of course, I can hear my naysayer
compadres already saying to me from this newsletter "Whoa
now, Sunshine, it's not all rainbows and butterflies. The
economy is going to get worse before it gets better.
There's another big wave coming, so hold on to your little
surfboard, it's going to be a rough ride". That's just
mean. Why can't you let a Realtor have some hope.. Why?
Why? Why? Honestly, the odds are about 50/50 in my book
it's going to get better, OR it's going to get worse, so why
not look at the glass half full. Hmmm?
Let's start with Number of Sales: In March 09 we had 40
total sales, and in April we had 45, a 5 unit increase.
We've actually had 4 months of increasing sales starting in
January. Residential over the entire Island increased from
22 in March to 23 in April. Vacant land over the entire
island increased from 5 to 10 sales. Condos increased from
10 to 11.. so not HUGE increases, but increases just the
same. North Shore house sales fell from 7 to 2, vacant
land fell from 2 to 1, condos increased slightly from 3 to
4. Koloa/Poipu home sales increased significantly from 2 to
13. Koloa Homes are on fire, blazing hot. Poipu condos and
vacant land stayed steady at 2. Kawaihau district homes
sales dropped slightly from 8 to 5.
Sales Volume increased over the entire island from $23M
in March to $26M in April. That makes almost three months
of increasing volume on the island. Homes Sales volume
increased from $16M in March to $18M in April, Vacant land
doubled from $1.5M March to $3.2M in April, condo sales
increase very slightly from $4.2M to $4.8M. On the North
Shore Home volume fell from $9.6M to just $1M. Vacant land
volume increased from $510K to $1.4M. Condo volume
increased from $2M to $3.2M. Homes sale volume increased
dramatically from $1M in March to over $11M in April.
Remember they sold 13 houses in Koloa, and there was only
one whale in the bunch for $4.5M so that's some fine solid
numbers for Koloa/Poipu.
Median Home prices jumped $100K AGAIN in April to $600K.
That now makes 2 months of increasing median prices from
our low in February of $400K. Median price dropped
significantly (due to a lack of sales) on the North Shore
from $1.5M to $534K. Condo median prices increased on the
North Shore from $600K to $837K in April. Vacant land also
increased from $510K to $675K on one sale. Poipu/Koloa
median prices stayed virtually the same (even with 13 sales)
$515K in March to $550K in April. Poipu condos dropped
their median prices from $757K in March to $190K in April.
So there you have it: everything that's anything about
the Kauai Real Estate Market. Doesn't it feel good to be so
well informed? Now you can go brag to your friends and say
"Go ahead, I dare you. Ask me anything about Real Estate in
Kauai, HI. Anything at all". If they look at you funny,
don't even flinch. Just know they are jealous of your
freaky encyclopedic command of everything real estate
related in Kauai.
Side note: if you own ag vacant land in Kauai that has
an ADU homesite and you are not aware of the December 31,
2009 deadline to pull your building permit, call or email me
very soon. You could lose your right to build a 2nd house
if you don't act.
Let me know if you are coming to the island anytime in
the next 6 months and would like to look at Real Estate with
me. The deals are amazing right now... condos as low as
$200K in Princeville, $900K brand new Nihilani condos
selling for around $500K... it's crazy buying season right
now. Interest rates in the 4's... Don't miss out.
Until next time.. AnnMarie, Your Island Realtor
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Falling
housing prices, historically low
interest rates, and tax credits are
creating an enticing environment for
renters to convert to homeowners.
"We are still going to have a
tremendous amount of foreclosures, price
declines, and best opportunities to buy
properties at amazing prices," says
Bruce Norris of The Norris Group.
If that sounds like a mixed bag of
bad and good, indeed it is. Consumers
have been inundated with news about a
troubled real estate market. "If you
look at the closings for California, 55
percent or more closings every month are
lender-owned properties; that ratio has
never existed before. So, the lenders
are really dictating the prices at this
point and there are so many lender-owned
properties that the appraiser almost has
no choice but to give that comp a lot of
credence," says Norris. But the good
news, especially for those who have been
wanting to take the plunge into
homeownership is that
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For
many people, buying their own home is
still the American dream. Yet, it
remains out of reach for a lot of
people, even though the housing
affordability index in many areas of the
country is as good as it has ever been.
But if you're not prepared to buy a
house, then the index doesn't mean a
thing to you�except, perhaps, to create
a painful sting and a constant reminder
that you're missing out on a good
opportunity to buy real estate at lower
prices.
For those who are planning to stay in
the same house for a few years, experts
are advising now is the time move from
renting to owning. The cost of buying
and relocating in a short period (a
couple years) can make the concept of
buying not appealing or cost effective.
But if it's for the long term, owning
can make perfect sense. But what if
you're a first-time buyer or you haven't
owned a home in a while, how do you
prepare for what is often the largest
purchase you'll ever make? Buying a home
isn't that difficult but it does require
you to make sure that you're in the
right financial (and emotional) position
to do it. How do you get there when so
many other expenses often take
precedence? Simple but not necessarily
easy steps can help you position to
transition from renter to home
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A
decade ago, architect and "Not So Big" life
style visionary Sarah Susanka started up the
road to gurudom with a blueprint for living that
extolled the values of living responsibly,
sustainably and meaningfully.
She was ahead of her time.
Susanka nearly single-handedly,
revolutionized the way people think about living
spaces while prompting others to trade in the
bigger-is-better approach for a
livability-is-larger mantra.
The true feeling of home, she said from the
beginning, is not about the kind of emotional
lust that put the economy in a tailspin, but the
need to tailor a home to fit the human form and
the need to scale a house in proportions that
serve real human functions.

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