Aloha from Sunny Kauai! We finally have a perfect day with everything you'd expect from a tropical paradise. Sun, blue sky, fluffy white clouds and of course, the tradewinds. I live in a complex (Cliffs) that not only has whole ownership but also timeshare, and I often feel sorry for the visitors that get here just in time for a week of rain. Sometime I think it bothers me more than it bothers them, as they simply put on their rain slickers and go about their daily walk or on shopping jaunts. I'm sure what I fail to consider is that a rainy day here is better than a freezing one at home. Just goes to show you how spoiled you can become living here. It was a busy weekend, so let me get right to your weekly update! Copyright 2/10/2008 by Hawaii Information ServiceNEW LISTINGS207166 T A 3... 02/11/2008

One of the projects that bolstered the Kaua`i market in 2007 was Ka`iulani, a planned community of 77 luxurious townhomes built on 17 acres in Princeville adjacent to the famous Prince Golf Course, Hawai`is #1 rated golf course. Ka`iulani offers 6 different floor plans. Developed by QEB LLC, and built by Shioi Construction, these luxury townhomes are some of the finest construction in all of Kaua`i. With tiled roofs, central air conditioning, and state of the art building materials, Ka`iulani is quality all the way. They may indeed be the most luxurious of all of the Princeville Condos. There are units on the ocean bluff, on the golf course, peering into the luscious tropical valley, and looking towards the Kilauea mountains. The roads are extra wide and the pool complex is simply spect... 02/10/2008

January Princeville condo / house market performanceEveryone is always asking how the market is here. I am very visual and think one picture is worth 1000 words so I am showing you what went on for the last month with Princeville Real Estate. These are all the new listings, properties back on the market, those that went into escrow (contingent and under contract) as well as withdrawn units, sales and price changes. Basically, this is your snapshot of how Princeville condos performed for the month of January...Take a look and tell me what YOU think the market is doing.Copyright 2/5/2008 by Hawaii Information ServiceNEW LISTINGS 205059 T A 26 4-5-3-11-1-3 FS $815,000 Villas On The Prince #3 1,737 #3 3/3206307 T A 13 4-5-3-11-1-18 FS $999,000 Villas On The Prince #18 1,800 #18 3/3206549 T ... 02/05/2008

Aloha,One of my fellow agents told me that I was less likely to get a real estate call on Super Bowl Sunday than on any other day of the year. In other words, she was letting me know that I'd have plenty of uninterrupted work time today. Who am I kidding- I got hooked watching the last half of the Super Bowl myself! The other highlight of the day was the lightening and thunder show Mother Nature put on for all of us. While rain is a normal part of North Shore living, lightening and thunder are a rarity. As for real estate, we had several new listings, one that went into escrow and one developer's sale. Here is your update for this week:Copyright 2/4/2008 by Hawaii Information ServiceNEW LISTINGS 203210 T A 3 4-5-3-6-22-20 FS $2,650,000 Kaiulani Of Princeville #20 2,864 #20 3/3.5206436 T... 02/04/2008

Kai'ulani is the newest condo complex in Princeville and is undoubtedly the most luxurious and beautiful, with pricing to match. It is located at the end of Queen Emmas Bluffs Road, on a parcel which sits just beyond the Villas on the Prince. While looking at the MLS daily updates for the last two days, Kai'ulani caught my eye, in part because I had a call from someone currently in escrow on one of the units, wondering about the feasibility of putting it on the market once escrow closes. I didn't think it was a good idea then and I still don't as our market does not have the strength to support "flipping," particularly at this price range. Here are the Kai'ulani units that were on the daily update the 30th and 31st:Copyright 1/31/2008 by Hawaii Information ServiceNEW LISTINGS 203210 T A... 01/31/2008

Aloha,Last week was pretty slow for condo. Take a look at last weeks activity and you'll see what I mean: Copyright 1/27/2008 by Hawaii Information ServiceNEW LISTINGS 206307 T A 4 4-5-3-11-1-18 FS $999,000 Villas On The Prince #18 1,800 #18 3/3206549 T A 2 4-5-3-6-22-3 FS $1,900,000 Kaiulani Of Princeville #3 2,843 #3 3/3.5206596 T A 1 4-5-4-5-24-82 FS $599,000 Nihilani At Princeville Resort #28A 1,406 #28A 2/2 BACK ON THE MARKET 171233 T A 744 4-5-4-11-3-84 FS $488,000 Hanalei Bay Resort #N22 867 #1513 1/2 PRICE CHANGES 194231 T A 291 4-5-3-6-22-43 FS $1,685,000- Kaiulani Of Princeville #43 2,443 #43 3/3.5202473 T A 96 4-5-3-6-22-27 FS $1,899,000- Kaiulani Of Princeville #27 2,864 #27 3/3.5201428 T A 129 4-5-4-5-3-16 FS $505,000- Princeville Paniolo #116 1,058 #116 1/2206596 T A 1 4-5... 01/27/2008

Aloha, I'm always talking about condos - If you've been wondering what Princeville homes have been doing, the answer is not too much. Right now there are 59 properties on the market, with only 5 in escrow. Here are the available properties:Copyright 1/21/2008 by Hawaii Information Service204102 RS A 56 4-5-3-12-42 FS $1,195,000 4046 Aloalii Dr 8,041 sqft 1,603 2/2.5203978 RS A 61 4-5-3-11-41 FS $1,700,000 4120 Aloalii Dr 9,103 sqft 2,521 3/3.5203558 RS A 49 4-5-3-11-43 FS $1,725,000 4128 Aloalii Dr 10,616 sqft 3,054 3/3.5200239 RS A 49 4-5-3-12-12 FS $1,795,000 3985 Aloalii Dr 8,554 sqft 3,340 2/3195550 RS A 255 4-5-3-12-9 FS $1,850,000 4001 Aloalii Dr 8,081 sqft 3,461 2/3194237 RS A 286 4-5-3-12-31 FS $1,875,000 3988 Aloalii Dr 8,137 sqft 2,473 3/3.5199159 RS A 175 4-5-3-12-33 FS $1,88... 01/21/2008

Aloha,And welcome to your weekly update. Today ended up sunny with cooling breezes although this morning, as I watched wave after wave of rain come in off the ocean I wasn't so sure we'd see much of the sun. However, it did end up as a perfect winter day with temps in the high 70's -Here is your update for this week: Copyright 1/20/2008 by Hawaii Information ServiceNEW LISTINGS205973 T A 5 4-5-3-6-22-48 FS $1,900,000 Kaiulani Of Princeville #48 2,476 3/3206100 SH A 4 4-5-4-5-23-23 FS $165,000 Plantation At Princeville #621 1,318 3/3205964 T A 6 4-5-4-12-11-5 FS $1,600,000 Puu Poa #105 2,065 2/2 BACK ON THE MARKET170814 SH A 737 4-5-4-11-3-84 FS $99,000 Hanalei Bay Resort #N22 867 1/2170813 SH A 737 4-5-4-11-3-84 FS $99,000 Hanalei Bay Resort #N22 867 1/2170812 SH A 737 4-5-4-11-3-84 FS ... 01/20/2008

FINALLY, FINALLY, FINALLY......Some astute buyer has put in an accepted offer on the Leasehold Pali Ke Kua #238 listed for $350K! - after only 593 days on the market and price reductions that started out at $699,900 and gradually moved downward over the years! Am I surprised? Yes, but only because it took so very long for an offer to come in. Granted, Leasehold is not for everyone, but considering that this ocean view condo offers similar views as the other Leasehold and Fee Simple condos in the same complex that are listed for MUCH MORE, it certainly begged for consideration. Here are all the details on this unit:Copyright 1/15/2008 by Hawaii Information ServiceMLS DATA: Condominium Property MLS # 174822Property Type: Condo TMK # 4-5-4-12-9-28 Status: Contingent DOM:593 Price: $350,000... 01/15/2008

Aloha,I'm going to get right down to business this week so here it is: your update for this past week:Copyright 1/13/2008 by Hawaii Information ServiceNEW LISTINGS205059 T A 3 4-5-3-11-1-3 FS $850,000 Villas On The Prince #3 1,737 #3 3/3205685 T A 4 4-5-4-15-21-21 FS $459,000 Sandpiper Village I #121 1,042 #121 2/2205596 T A 1 4-5-4-15-21-30 FS $535,000 Sandpiper Village I #130 1,042 #130 2/2205798 T A 4 4-5-4-6-1-34 FS $920,000 Villas Of Kamalii #34 1,825 #34 3/3205638 T A 2 4-5-4-11-3-13 FS $1,350,000 Hanalei Bay Resort #C15 1,705 #C15 3/3 BACK ON THE MARKET181966 T A 527 4-5-4-15-21-50 FS $549,999 Sandpiper Village I #213 1,173 #213 3/2.5 CONTINGENT SALES196331 SH C 234 4-5-4-6-1-42 FS $245,000 Villas Of Kamalii #42 1,825 #42 3/3 SALES152057 T S 0 4-5-3-6-22-66 FS $895,000 Kaiulani O... 01/14/2008

The end of year statistics are out and overall for Princeville condos it was a good year after all, despite all the gloom and doom news heard on every new channel and in every newspaper.   For Hanalei Zone, which includes the condos both in Princeville as well as Hanalei Colony Resort down in Wainiha, the total number of sales for the year was only off 2.44%.  In 2006, 123 condos were sold while in 07 only 3 less were sold!  For the month of December there was a huge 50% drop which sounds bad but only means that 6 instead of 12 condos sold like they did in 2006.    Interestingly, sales volume is up too, probably due in part to the release of Kai'ulani which is a beautiful high end complex still under construction in the Princeville Queen Emma's Bluffs area.  (by the fountain as you firs... 01/11/2008

 Aloha,I think most of you are familiar with Nihilani at Princeville - one of the newer condo developments in Princeville.  This complex shares the center of Pepelani Loop with The Plantations, a complex built a year or two earlier.  Nihilani is the only complex to offer 2 car garages with the exception of Kai'ulani, which is priced over $1M.  What you may not know about Nihilani is that sales were brisk when the first several releases came to market, which was back in 05. Now, like everything else, interest in Nihilani has waned to the point that those trying to resell have had to offer substantial price reductions to attract buyers.Nihilani has apparently restaffed their sale team as I recently received a current price sheet for the final release of Nihilani as well as a price sheet f... 01/09/2008

Aloha ElaineAloha,   And one final Happy New Year.  Everyone is planning on more stabilization in the marketplace this year with plenty of opportunity for any buyer looking for it.  Here on Kauai, I continue to feel that one of our major "problems" is a surplus of inventory, which coupled with the copious amounts of negative press that is seen everyday on the various news channels, keeps buyers running scared.  I think once we start seeing properties changing hands, those buyers who have been sitting on the fence will finally realize that if they don't buy, they will miss the opportunity entirely.  For the time being, things are still a little slow, although we had one of the most magnificent sunny days today, which was way overdue after all the rain.  Not only does the sunshine bring o... 01/07/2008

Happy Holidays to all of you! MELE KALIKIMAKA ( pronounced like may lay caw lee key maw caw.) Now don't hold me to this pronunciation as I am but a realtor and not a Hawaiian language expert - but at least you get the general idea. Rain rain go away was the other phrase heard round the Island and I think it is finally working. At least we have had spots of sunshine as the rain continues to blow in off the Ocean. Of course, if you go to the Westside it's an entirely different world over there. No rain!Having set the stage, here is your condo update for this week: Copyright 12/23/2007 by Hawaii Information ServiceBACK ON THE MARKET188646 T A 365 4-5-4-5-3-4 FS $395,224 Princeville Paniolo #104 1,058 #104 1/2 UNDER CONTRACT194278 SH U 252 4-5-4-5-23-23 FS $165,000 Plantation At Princeville... 12/24/2007

Kauai has plenty to offer.  This one of the north shore areas and you can see how nice the beach is.  I have friends that live here and it is Great to visit and see all the different areas of the islands.Please note you need to hike down some steeper terrain in order to put your feet on this beach.  It can be done as you can see in the pictures a few people have walked along the beach.  Private and well worth the trip to get in there.  For Free Maui MLS Search visit:  www.garybland.com  Contact: Gary M. Bland R (S) 808-385-1265Century 21 All Islands Maui Hawaii          10/24/2007

I have 3 clients I'm currently working with to evaluation whether a fractional offering would be a good opportunity.  When developing your property as a fractional, there's several things to consider...Does the location and the property have appeal as a resort second home?  Not every property on Kauai is suitable for a fractional offering...remember your buyers are buying a vacation home, and want it to have the emotional appeal of a relaxing, vacation place.  As sellers, put yourself in the buyers' shoes...would you pay top dollar to stay there?I'm working with an excellent consultant who I am referring my clients to who has very successfully developed fractionals, including walking through the legal process and developing a well thought out management structure to ensure it will conti... 07/12/2007

North Shore dream condominium! The Plantations at Princeville is one of the newest condominium developments in the highly desirable Princeville resort residential community. This 2 bedroom 2 bathroom unit is spacious and elegant. Ownership includes access to a private on-site fitness center, meeting room, mail center, pool and spa. Close to shopping, restaurants, and beach. Don't miss this great opportunity to own one of the newest luxury condos in Princeville. Offered at $629,000 Fee Simple Jamie Friedman (RA) Accredited Buyers Representative Hawaii Real Estate RE/MAX Kauai, Maui, Oahu, BI direct (808) 634-2011 JamieJoy@aloha.net www.MyKauaiProperty.comOwner is licensed real estate agent. 03/19/2007