James Pycha's REMAX Kauai Real Estate Blog

The National Association of Realtors will offer a four-point legislative plan to reinvigorate the housing market. NAR believes the plan will give a boost to the economy and help to calm jittery potential homebuyers. NAR recommends Congress pass new housing stimulus legislation that includes the f...

  As an economic system, Capitalism depends on the distribution of goods and services to generate private capital and profit.  Therefore, the concept of profit regulates financial life and social structure. The opposite of capitalism is communism. In communism and socialism the economy is planned...

As governments of the industrialized world struggle with the global credit crisis, they may be relearning an old lesson: there is more strength in standing together than in struggling alone The international nature of capital flows and stock markets has forced unprecedented cooperation between n...

  Price Location Subdivision MLS # Days on Mkt Taxkey $235,000 Kiahuna Pltn #447 Koloa Beach 199947 417 4-2-8-17-10-47 $159,900 Halelani Village #P106 Puhi 213537 98 4-3-3-3-29-26 $165,000 Plantation At PV #812 Princeville 183269 787 4-5-4-5-23-30 $349,900 P'ville Paniolo #204 Princeville 211258 ...

The plan is undoubtedly bold: it marks perhaps the largest foray by the American government into ownership of private enterprise since the second world war. But it would have looked much bolder a month ago. As it is, America has only caught up to where Germany, France and especially Britain (in t...

After a week in which the financial system almost ground to a halt, governments of the industrialised world seem at last to have found the right tools to get credit markets moving again. At the weekend and early on Monday October 13th officials in Europe, America and Asia announced unprecedented...

Taxkey Days on Mkt Price Location Escrow Date Subdivision 4-2-8-17-10-47 412 $235,000 Kiahuna Plantation #447 10/9/2008 Koloa Beach 4-3-3-3-37-25 93 $440,000 Hale Malu #25 10/3/2008 Puhi 4-5-4-5-3-19 152 $349,900 Paniolo #204 10/9/2008 Princeville 4-5-4-6-1-16 42 $945,000 Villas Of Kamalii #16 1...

Record Ralley On Wall Street so far !! U.S. Indexes enjoyed a sharp reversal from last week's incredible fall, with the bond market closed. Blue chips easily recaptured the 9,000 mark. Dow industrials made the biggest-ever intra-day rise.  Morgan Stanley got 6 Billion dollars from Mitsubishi to ...

  This is due to a big rise in Asian Stocks over Sunday (here). U.S. Futures advanced as Governments are backing banks. Asian stocks rose, rebounding from the worst week since at least 1987, after Australia guaranteed bank deposits and European leaders agreed to support lenders in a global effort...

The chart above indicates the average monthly percentage relationship of Kauai County's Assessed Valuation to the actual recorded sales prices. Up to the end of 2003, the average differential was around minus 20%.  That means that sales prices averaged 20% higher than the county assessed value o...