Monthly Archives: November 2011

Hawaii #1 Place to Live according to Harris Poll

Hawaii has knocked California from the top of a poll that asks Americans where they would most like to live, not counting their current state.

California had dominated the No. 1 spot since 2001, with Hawaii and Florida rounding out the top three the last eight times the question had been answered in the latest Harris poll.

But Hawaii was the No. 1 answer this year to the question: “If you could live in any state in the country, except the state you live in now, what state would you choose to live in?”

Hawaii was No. 2 in 2010 and 2006, and No. 3 in 2001-05 and 2007 and 2009. The poll was not conducted in 2008.

The poll by Harris Interactive surveyed 2,463 adults online between Oct. 10-17.

As published in Pacific Business News 11-12-11

KAUAI REAL ESTATE SALES ON THE INCREASE

As reported by the Kauai Board of Realtors, year to date through October 2011, Kauai real estate sales are on the increase.  Year to date (YTD) is a broader view of trends versus, say, October 2010 and October 2011, a month to month comparison.

In the Hanalei District, which is roughly Kilauea, Princeville, Hanalei, Wainiha and Haena, the number of residential sales increased 13.04% YTD versus 2010.  For the same period sales volume increased 62.04%, and median sales price increased 4.61%  Condominium number of sales YTD increased 16.36%, sales volume increased 5.59%, and median sales price decreased 4.73%.

This data suggests increasing demand, but is muddied by distressed property statistics, which are included.  Condo figures are lower due in part to reluctance of lenders to loan on many condo developments if they also have time shares, a front desk, and vacation rentals, and usually require a larger cash down payment than residential property.

In summary, these are positive signs for property ownership on the North Shore of Kauai.  Kauai real estate in general is positive across the island.