January 28, 2021 Home seller profits are soaring as home prices set new records in the pandemic. Home sellers nationwide in 2020 saw a home-price gain of $68,843 on the average sale—that is up from $48,500 two years prior, according to new research from ATTOM Data Solutions, a real estate research firm. Seller profits increased […]
Click here for moreKauai has added two resorts to its list of county-approved Enhanced Movement Quarantine, or “resort bubble,” properties. Starting Monday, Hanalei Bay Resort and The Point at Poipu are now a part of the resort bubble program. The resorts join six other Garden Isle resort bubble properties, including The Cliffs at Princeville, Hilton Garden Inn Kauai […]
Click here for moreAt the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are actively in a forbearance plan. Though 29.4% of those in forbearance have continued to stay […]
Click here for moreOn his first full day in office, President Joe Biden announced new travel requirements into the U.S. Aside from providing negative COVID-19 test results before boarding, all travelers coming from abroad—U.S. citizens and permanent residents included—will have to follow CDC recommendations and quarantine after international travel for 10 days upon arrival. Anyone traveling to the States […]
Click here for moreKauai home sales closed out 2020 with a 73% increase in sales in December, which included the sale of Julia Roberts’ beachfront estate on the North Shore, and a 28% increase in the median price, according to statistics provided by Hawaii Information Service on behalf of Kauai Board of Realtors. There were 71 single-family homes sold in […]
Click here for moreKauai County will soon reinstate its participation in the state’s pre-travel testing program — at least for interisland travel. Kauai Mayor Derek Kawakami submitted a proposal to Gov. David Ige on Wednesday to amend the county’s Emergency Rule 23 to allow passengers traveling from other islands to bypass the mandatory 10-day quarantine with proof of […]
Click here for moreWhether you are a buyer or seller, this week’s article will help shed some light on both sides of the transaction. Today’s article came from an inquiry I received this week by a disheartened buyer who wrote: “I have placed offers on two houses and lost on both. Please let me know if my offer […]
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Kauai will temporarily opt-out of the Hawaii’s pre-arrivals testing program starting Wednesday, Dec. 2, at 12:01 a.m. for all travelers (including interisland travelers) arriving on Kauai. Those arriving will be subject to the 14-day quarantine regardless of COVID-19 test results. The decision was made due to the fast increase in COVID-19 cases on the mainland […]
Click here for moreOn Monday, November 23, Governor David Ige signed the 16th Emergency Proclamation for the State of Hawaii relating to the ongoing pandemic. As a result of the surging cases on the mainland, the 16th emergency proclamation requires that all Trans-Pacific travelers must have a negative COVID-19 test result from a trusted travel partner before their […]
Click here for more2020 has been a crazy year with unexpected outcomes that has affected everyone no matter their age. Some changes are obvious with COVID-19 but most of the changes are subtle with the outcomes yet to be seen. Some of these changes are apparent in the real estate market, particularly in the luxury market and rural […]
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