*****Kauai Realty Update*****
Foreclosures are making the headlines these days and this weekend was
no different with the report of the Government bailout of Freddie Mac
and Fannie Mae http://www.realtor.org/rmodaily.nsf/pages/News2008072801 . So how does Hawaii rank? According to RealtyTrac; Honolulu had the lowest foreclosure rate among the top 100 metropolitan areas in the United States during the second quarter of
2008. Overall Honolulu ranked 100th out of the top 100 metropolitan areas for
foreclosure filings. Honolulu had a total of 250 foreclosures, or one
filing for every 1,331 households while Stockton, Calif., was No. 1 on the list,
with 9,066 filings, a rate of one filing for every 32 households.
California, Arizona and Nevada rounded out the top three states for foreclosure filings for this last quarter. Nationally, there were a total of 739,714 foreclosure filings during
the second quarter, a 14 percent increase over the previous quarter and a 121 percent increase over the same period last year.
Here on Kauai we had 3 times the amount of closings as we did last week. For an excel spread sheet on what was listed and what closed CLICK HERE
*****Drowning In Poipu*****
Surfers pulled to shore a 60 year old visitor who had died from an
apparent drowning fronting the Waiohi on Friday. The visitor was
taken to Wilcox Hospital where he was pronounced dead, the man’s
identity is not being released at this time. Surfers found him 50
yards offshore near the breakwater on the right side of the Waiohi hotel.
*****Thousands of Crabs Wash Up On Poipu Beach*****
On Tuesday morning lifeguards were astonished to find thousands of tiny
dead juvenile crabs washed up on Poipu Beach and all the way to the
Kiahuna/Sheraton Beach. Smaller amounts were found in front of the Beach
House Restaurant, none were reported at Shipwrecks. The crabs are tiny,
three or four could fit on a penny. States biologist Don Heacock is
trying to find out why this happened. The beaches remained open.
*****AARP Gives Honolulu 2 Thumbs Up*****
“The place you choose to live during retirement could have a big
impact on your health and longevity. AARP The Magazine lists five
great cities that could make all the difference during the golden
yeas” so says AARP as they ranked Honolulu #2 in places to retire.
Reason?? AARP summed up Honolulu’s high marks for health in a
single word: paradise. “With Honolulu’s warm weather and postcard-ready
scenery, residents spend more time exercising than do people in almost
any other city we surveyed and have one of the highest life
expectancy rates.” Here are the cities in the order ranked:
#1 Ann Arbor, Michigan
#2 Honolulu, Hawaii
#3 Madison, Wisconsin
#4 Santa Fe, New Mexico
#5 Fargo, North Dakota
*****Group Hug Anyone?*****
In an attempt to break the Guinness Book of World Records of the largest
Group Hug nearly 1,700 Hawaii National Guard are gathering at Aloha Stadium
along with 6,000 other people, the current record stands at 6,623 and was
set in Mexico. 11 year old Ashley Kakazu came up with the idea and is now
the events organizer. The event is in co-ordination with the troop’s
deployment ceremony to Kuwait. If you need a hug your welcome to fly over!