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Richard T Dolbeare (RA), ABR, CRS, RSPS, BS/MS - Engineering Hawaii Dreams Today

2nd Hawaii Superferry Is Launched

Hawaii Superferry Logo

An Associated Press news release states that the 2nd Hawaii Superferry was launched into a floating drydock in Mobile Alabama on Monday. The vessel is scheduled to provide ferry service between Hawaii's Big Island and Honolulu. It is to be delivered in March of next year after completing sea trials.

The aluminum catamaran-type vessel is 370 feet in length and can carry more than 800 passengers and 200 vehicles. It will join its sister ship, the 350 foot Alakai which currently provides service between Maui and Honolulu. There are no plans that I'm aware of to attempt to restart service to Kauai due to past issues with protesters here.

I took the superferry the one time it ran between Kauai and Honolulu before protesters shut it down and took it from Honolulu to Maui once. Both times I had my car onboard which offered the ultimate in convenience. The convenience comes not only from avoiding parking fees and rental cars but perhaps more importantly, the ability to load up the car with my possessions at no additional charge. The ride is smooth but it rolls from side to side which can cause sea sickness in some. I found that I arrived at my destination much more relaxed having bypassed the frenzy of airport security and cramped airplanes.

Aloha!

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Engineering Hawaii Dreams Today--Helping Buyers Find Dream Homes & Sellers Find Buyers

In Memory of Randy...

I received a shocking message from a new client this morning. Just last Thursday I was with a delightful couple looking for a retirement home on Kauai. We looked for 2 days and they found one that lit up both their eyes in excitement on the 2nd day. Then first thing this morning I received a message that the husband had died suddenly and his wife is returning to the mainland with his body. It gives me chills just to write about it. I'm so sorry their dream couldn't come true while Randy was here to enjoy. I offer my condolences to his wife and my thanks for allowing me to work with them those 2 days. I'm so glad that I took a video of them in their home-to-be that day and gave them a copy.

Thanks for listening...

Work Begins on $100 Million Clubhouse and Spa for Kukui'ula

The Honolulu Advertiser newspaper reported today that work has begun on the Kukui'ula clubhouse and spa in this high-end project billed as the best development on Kauai. Certainly it's scale is grand and it's prices aren't for the faint of heart. The project currently plans for 1500 homes and homesites with prices ranging from $1.5 million for a lot and $2 million and up for a plantation cottage. The full article can be read HERE.

The project is located on Kauai's South Shore adjacent to the Koloa/Poipu area. The upward-sloping land will provide many of the homeowners with stunning ocean views. Construction of the Kukui'ula retail complex is well underway and is planned to open it's high-end stores sometime next year.

Contact me for details on purchasing a home in this new upscale community.

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Engineering Hawaii Dreams Today--Helping Buyers Find Dream Homes & Sellers Find Buyers

Tourism Down Sharply in Hawaii

Our Kauai newspaper reported today that tourism is down sharply. August visitor arrivals in August dropped 25% compared to August 2007. Similar figures were seen on the other islands with August declines of 18% for Oahu, 23% for the Big Island, and 21% for Maui. The bright spot was Canadian tourist arrivals which was up 8.5 partially offsetting U.S. West Coast declines which is the largest on record.

The article said the decline was due to departure of 2 of 3 NCL cruise ships, rising fuel prices, the economic crisis and declining consumer confidence. The full article from The Garden Island newspaper can be read HERE.

Tourism is Hawaii's mainstay and we hope the downturn is short-lived. Clearly now is the ideal time for tourists to come visit. We hope to see you island-side soon.

Poipu Kauai Condo Sales

Since my office is in the Koloa/Poipu area, I track condo sales there very closely. The 2 charts below show a 12-month history and a 24-month history. Each chart shows median sales price and the number of units sold. Data is for fee-simple, full-ownership properties on Kauai's South Shore. The bold lines are trend lines and the dashed lines represent the underlying data.

Data shows the number of sales has continued to decline while median sales prices are relatively flat. Data represents what is selling and not necessarily the value of an individual property.

Poipu Condo Sales Chart

Poipu Condo Sales Chart

Aloha,

Visit www.KauaiRocks.com for Hawaii real estate information

Richard Dolbeare, REALTOR-ASSOCIATE

Richard Dolbeare
REALTOR-ASSOCIATE®
Accredited Buyer Representative & e-PRO
Century 21 All Islands, the #1 brokerage on Kauai
(808) 651-4550 (Cell)
Aloha@RichardDolbeare.com
http://www.KauaiRocks.com