Monthly Archives: November 2012

KAUAI GOLF COURSES ON TV

Five Kauai golf courses will get national television coverage Saturday when NBC Sports airs a special program called “Global Golf Adventure – Kauai” before the network’s live third-round coverage of the PGA Tour’s World Challenge.

The program will feature The Prince Court at Princeville Golf Club, Puakea Golf Course, Makai Golf Club at Princeville, Poipu Bay Golf Course and Kauai Lagoons Golf Club. It will hosted by NBC Sports and Golf Channel analyst Mark Rolfing, who is also a Maui resident.

Rolfing travels to different golf and travel destinations for each episode of the show, and chose Kauai for the Dec. 1 episode.

“2012 has been an incredible year in golf, so I decided we should cap off the year in style on ‘Global Golf Adventure’ with a trip to one of the most spectacular spots on earth, the island of Kauai,” Rolfing said in a statement. “There is no place like Kauai. It is a land of breathtaking contrasts, big and bold, yet at the same time, small and charming.”

 

Hawaii’s real estate market good measure of state’s economy

Hawaii’s active real estate market, which has seen the highest median-price growth since 2005, is a good indication that the state’s overall economy is moving in the right direction.

Median price growth is up 9 percent so far in 2012, when comparing the same period last year, according to the Honolulu Board of Realtors.

And First Hawaiian Bank economist Leroy Laney, speaking at the bank’s annual business outlook forum Tuesday morning, said that real estate upswings coincide with better economic outlooks in general.

“[There’s a] good chance that the record [median] price will be broken in the coming years,” he told the packed house at the Neal S. Blaisdell Concert Hall.

Meantime, the featured speaker — Steven Cochrane, who oversees the U.S. regional forecasting service and is managing director of Moody’s Analytics — talked about the lack of housing supply throughout the U.S.

He noted that the total current housing supply in the U.S. stands at 800,000, with the total demand estimated at a staggering 1.5 million.

 

Courtesy of Pacific Business News Online, 10-30-12