hawaii real estate: Princeville Kauai condo (and house) update for the week of Dec 27th to Jan 2nd - 01/04/10 07:34 PM
Aloha,
And Hau'oli Makahiki Hou to each and every one of you. May 2010 bring you much happiness, health, prosperity, fun and lots of love - and a little bit of real estate if that is on your "to do" list this year. 2009 provided plenty of opportunity for buyers looking for great investment opportunities and I don't think it's over yet. On an annual basis, 2009 only fell behind 2008 sales by 14% going from 588 total sales in 08 to 500 sales for 09. Looking ahead, in Jan 09 there were 20 sales, down considerably from 08 when there … (0 comments)

hawaii real estate: Princeville Kauai condo (and house) update for the week of Dec 20th to 26th - 12/27/09 09:17 PM
Aloha,
I hope everyone had a wonderful Christmas and that Santa brought you everything you wanted. There was only one condo that went into escrow last week which means Santa had a light load when it comes to delivering Princeville real estate, especially since no condos closed escrow this past week either. There's more and more short sales and Bank REO's coming onto the market. Take a look at the update and you'll see what I mean:
Copyright 12/27/2009 by Hawaii Information Service
NEW LISTINGS230507 T A 3 4-5-4-5-16-56 FS $438,800 Alii Kai At Hanalei #7201 886 #7201 2/2229552 T A … (0 comments)

hawaii real estate: Mele Kalikimaka from Kauai - 12/23/09 06:54 PM
Aloha,
Merry Christmas to each and every one of you - or as we say on Island: Mele Kalikimaka. Try saying that fast 5 or 6 times! Mel Lee Caw Lee Key Maw Caw. Good luck with repeating that for all your mainland friends. We can practice Happy New Years next week. (Hau'ole Makahiki Hou- more on that later...)
May this Christmas find you surrounded with friends and family, filled with peace, good health and much happiness and love.
With much Aloha, Elaine

Beautiful Bali Hai
(5 comments)

hawaii real estate: Princeville condo (and house) update for the week of Dec 13th to 19th - 12/20/09 04:15 PM
Aloha,
Here we are beginning one of the most frantic weeks of the year as everyone scrambles to finish Christmas shopping, get their gifts wrapped and finalize all the holiday travel plans. For me, it's a magical time as I sit here looking out over the bluff to the ocean, with the albatross soaring high above both. The skies are blue with several large fluffy clouds, the sun is shining yet the winter brings a refreshing cooling breeze. I've yet to see any whale but several others have so I know they're here. I'm hoping there'll be time to sit out … (0 comments)

hawaii real estate: Princeville Kauai condo (and house) update for the week of Dec 6th to 12th - 12/15/09 01:40 PM
Aloha,
Last week was great with wonderfully high waves at the beginning ending with what I refer to as the "bathtub" ocean which is how it has been the last few days. Always changing, I never know what to expect when I look out across the bluff to the water. Obviously I'm not a surfer as anyone who is can readily tell you if surf is expected, when and how big the waves will be.
Real Estate on the other hand, has remained relatively consistant, that is, an attractive buyer's market. While some buyers may be waiting to see if the … (2 comments)

hawaii real estate: Princeville Kauai condo (and house) update for the week of Nov 29th to Dec 5th - 12/06/09 11:30 PM
Aloha,
We had huge surf the other day which delighted the tow in surfers and those of us like myself who love to just watch the surf roll in. It's quieted down a bit now but more is said to be on the way. On the real estate front, the Treasury Department recently set new guidelines for short sales and other loan modifications. The major point of the guideline is that banks have 10 days to approve or disapprove a request for short sale, and when done the transaction must fully release the borrower from the debt. This is great news … (0 comments)

hawaii real estate: Princeville condo (and house) update for the week of Nov 22nd to 28th - 11/30/09 07:33 PM
Aloha,
I hope everyone had a wonderful Thanksgiving day. We celebrated Thanksgiving with a hike on the Powerline trail which runs from Princeville to the Kapaa Arboretum following the powerline towers. In hindsight, I would not recommend doing it when it is wet, rutted, overgrown and slippery all of which were conditions that existed this past week. It's bad enough that the trail is so overgrown in places that you can't even see the trail and / or that it has numerous wet areas where if you "fall" off the trail into a tire rut filled with water, you can and … (0 comments)

hawaii real estate: Princeville Kauai condo (and house) update for the week of Nov 15th to 21st - 11/22/09 02:44 AM
Aloha,
It's been another quiet week with minimal activity which is normal for this time of the year as everyone gears up for Thanksgiving. Here is your update for this past week:
Copyright 11/21/2009 by Hawaii Information Service
NEW LISTINGS229452 T A 4 4-5-3-11-1-30 FS $599,000 Villas On The Prince #30 1,732 #30 3/3229521 T A 2 4-5-4-15-21-15 FS $249,900 Sandpiper Village I #115 1,042 #115 2/2229489 T A 4 4-5-4-5-16-45 FS $558,900 Alii Kai At Hanalei #5301 1,086 #5301 2/2229454 T A 4 4-5-4-5-24-76 FS $589,000 Nihilani At Princeville Resort #26A 1,874 #26A 3/2.5
CONTINGENT SALES226086 SH C 911 4-5-4-6-1-42 … (2 comments)

hawaii real estate: Princeville condo (and house) update for the week of Nov 8th to 14th - 11/16/09 01:54 AM
Aloha,
This past week brought with it our first major winter storm. When all was said and done, both the Hanalei Bridge and the road between Princeville and Kilauea by Kalihiwai were closed for a period of time on Saturday. If you live in Princeville, Hanalei or Kilauea, you quickly learn that it's best to stay close to home when these types of storms appear, for fear of being "on the wrong side of the fence" when a road or bridge is closed. I've heard of visitors and locals alike being stuck on the wrong side of the tracks, unable to … (2 comments)

hawaii real estate: October 2009 Kauai Market Statistics - 11/10/09 11:56 PM
Aloha,
For a change, this past month there was an increase in the number of sales Islandwide, from 46 last October to 50 this October which is a 8.7% increase. Year to date is still down with 519 units sold this time last year compared to 396 sold as of Oct 2009 for a 24% decrease. Of the 50 Oct sales, 32 were residential, 2 were land sales and 16 condos were sold. Of the homes that sold, 2 were in the Waimea Zone, 10 in Koloa, 3 in Lihue, 11 were in the Kawaihau zone and 6 were sold in … (2 comments)

hawaii real estate: Princeville condo (and house) update for the week of Nov 1st to 7th - 11/08/09 07:28 PM
Aloha,
It was a relatively quiet week with periods of pouring rain. Activity remains relatively slow as you'll see from this weeks update. The renovation of the timeshare units at the Cliffs is almost complete which means we'll have guests returning to buildings 7, 8 and 9 which will eliminate the favorable parking spots I've become accustomed to during the renovation. For those of you unfamiliar with the Cliffs, in addition to whole ownership, there are two timeshare associations that are also here. I have a second floor unit and am happy to have timeshare above and below me. The reasons … (0 comments)

hawaii real estate: Princeville condo (and house) update for the week of Oct 25th to 31st - 10/31/09 09:58 PM
Aloha,
It seems like a long, long time since we were on Bora Bora but in truth, it's only been one very busy week. Tuesday found me driving over to PMRF in Kekaha to the "DV" (distinguished visitors) tent to watch the launch of a medium range ballistic missile target from the base and subsequent intercept by the Japanese ship JS MYOKO, which was located Northwest of Kauai.
It was great fun to see the lift off and watch the missile as it headed skyward, leaving behind a contrail which created a strange grey shadow across the sky as the missile … (0 comments)

hawaii real estate: Princeville Kauai condo (and house) update for the week of Oct 11th to 15th - 10/16/09 12:18 AM
Aloha,
Yes, this update is a day or two short and I'll be a few dollars shorter when I get back from Bora Bora, but I am leaving tomorrow - Friday the 16th and decided I'd rather publish a couple of days shy of week's end than not at all. On to your update.
Copyright 10/15/2009 by Hawaii Information Service
NEW LISTINGS227553 T A 2 4-5-3-6-22-59 FS $995,000 Kaiulani Of Princeville #59 1,892 #59 2/2.5227552 T A 2 4-5-3-6-22-70 FS $995,000 Kaiulani Of Princeville #70 1,781 #70 2/2.5227917 SH A 0 4-5-4-5-39-80 FS $79,000 Cliffs At Princeville #3304 1,137 #3304 2/2228387 … (3 comments)

hawaii real estate: Kauai: New St. Regis Princeville Resort Hotel - 10/15/09 01:58 AM
Aloha,
Yes, I finally made it to the "new" St. Regis to check it out, and yes, I parked my own car. Thanks to those of you who told me you'd been there and that self park was still alive and well. I can only guess that the day I went the greeter at the entry gazebo had delusions of grandeur when he told me that it was only valet parking because it was "a St. Regis now."
I have to say, I was pleasantly surprised. The hotel has an air of subtle elegance and warmth that I found very peaceful … (4 comments)

hawaii real estate: Princeville Kauai condo (and house) update for Oct 4th to Oct 10th - 10/11/09 04:13 PM
Aloha,
I mentioned going by the new Princeville Hotel this week to take some pictures of the renovations but got no further than the entry gazebo. Seems all "self parking" has been eliminated due to the "St. Regis" status. You used to be able to self park as long as you didn't take any of the valet spots which were the first few rows. Now, there is "complimentary" valet parking ONLY. I have to say I don't believe any valet parking is complimentary and the day I planned to drive in, I had nothing smaller than a $20. Plus, it probably … (5 comments)

hawaii real estate: September 2009 Kauai Market Statistics - 10/09/09 09:48 PM
Aloha,
September 2009 followed in line with the rest of the year with declining numbers and pricing. This past month there were a total of 40 sales down from 42 in Sep 08, 65 sales in Sep 07, 97 in 06, an unbelievable 201 for Sep 05 ( I can't even fathom that right now - in this market) and 117 sales transactions in Sep 04. Year to date there have been 346 sales compared to 473 this time last year, 745 year to date 07, 1257 in 06, a high of 1381 in 05 and 1285 for 04 year to … (1 comments)

hawaii real estate: Princeville condo (and house) update for the week of Sep 27th to Oct 3rd - 10/04/09 04:47 PM
Aloha,
I've been enjoying Puhi this past week as we're housesitting / cat sitting for friends that own in Villas of Puali. Our friends are fortune to have a unit down at the end of the road, which makes for a good deal of privacy. What's so great about this complex, and others in the area, is the proximity to Costco, Kukui Grove, WalMart, KMart, the movies and Duke's restaurant and their hula pie. If you've never tried hula pie, bring a friend, sit downstairs outside of the bar and have at it. Hula Pie is to die for if you … (0 comments)

hawaii real estate: Princeville Kauai Condo (and house) update for the week of Sep 20th to 26th - 09/28/09 07:39 PM
Aloha,
They finally finished up the sidewalks at the Cliffs and what a difference. It looks great. Renovation of buildings 7, 8 and 9 continues which means there'll be plenty of parking space for the next few weeks. It's pleasantly deserted while they do the work with only those people like myself, who own whole units, in residence. For those of you who don't know, the Cliffs at Princeville not only has whole ownership but there are also two timeshare organizations in here. I have timeshare above and below me (I'm on the second floor) and enjoy my rotating neighbors.
Also … (0 comments)

hawaii real estate: Princeville condo (and home update) for the week of Sep 13th to 19th - 09/21/09 05:31 PM
Aloha,
We enjoyed another beautiful week in Paradise although they've been ripping out the sidewalks at the Cliffs Condos and pouring new ones which are ADA compliant. At the same time, they've finally reached my building to start the renovations of the timeshare units which, along with the heavy equipment used for tearing out the concrete makes for a noisy environment. See for yourself:


At the same time, a friend of mine - a very talented friend of mine - created a faux bamboo wall in my bathroom that turned out simply amazing. It makes me feel like I … (0 comments)

hawaii real estate: Princeville Condo (and house) update for the week of Sep 6th to 12th - 09/13/09 06:33 PM
Aloha,
This week has just flown by - maybe because it stated with completion of the Marathon last Sunday followed by two days of recovery. Nevertheless, here we are again, with a new update already. You'll see some new low pricing in Nihilani with the listing of yet another short sale. Here is your update:
Copyright 9/13/2009 by Hawaii Information Service
NEW LISTINGS227557 T A 3 4-5-3-6-22-2 FS $1,995,000 Kaiulani Of Princeville #2 2,843 #2 3/3.5225956 T A 3 4-5-4-5-24-56 FS $425,000 Nihilani At Princeville Resort #19B 1,567 #19B 2/2.5227490 T A 2 4-5-4-6-1-58 FS $759,000 Villas Of Kamalii #58 1,761 … (7 comments)

 
Elaine Schaefer, R, BIC, CRS, GRI, ABR, SFR (RE/MAX Kauai Princeville Resort Branch) Rainmaker large

Elaine Schaefer

R, BIC, CRS, GRI, ABR, SFR

Princeville, HI

More about me…

RE/MAX Kauai Princeville Resort Branch

Address: POB 223632, Princeville, HI , 96722

Mobile: 808 639 2935

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