We joined some friends in Oahu to celebrate New Years and had a most memorable time. Kalakaua Avenue, Waikiki’s main drag, was closed off to cars creating a street fair atmosphere and it was just packed. The evening started out a little rainy but the evening cleared as we enjoyed a wonderful meal at the Hula Grill which overlooks Waikiki Beach. Waikiki Beach grew steadily throughout the evening with people lighting fireworks and dancing to the music provided by the hotel. At midnight a barge which was some ways off of Waikiki put out a huge fireworks display that lit up the night, it was truly spectacular! It was so warm out that none of us needed the jackets that we brought and people were swimming in the ocean at midnight. I highly suggest a trip to Waikiki to ring in 2010 if you can.
*****State Bankruptcies Filings Jump In 2008*****
Due to the economic slow down, personal over extension and job cuts our bankruptcies in Hawaii jumped 50% in 2008 and the outlook for 2009 looks to be the same. According to RealtyTrac the November foreclosure numbers are these:
Kauai 1 out of every 1416 homes
Oahu 1 out of every 1607 homes
Maui 1 out of every 871 homes
Hawaii 1 out of every 844 homes
With the new interest rates the good news is viable refinancing is available and we hope to see a slow down in foreclosures. How did we do this last week? For a list of what came on the market and what sold island wide CLICK HERE
*****Second Body in Two Days Found Near Waterfall*****
On Thursday a visitor discovered a body of a Caucasian man at the bottom of Wailua Falls, this was the day after a visiting couple found a body at Anini Stream. Both incidents are unrelated and police have determined no foul play. Identities of the bodies are being with held until next of kin are notified.
*****Lightning Closes Wailua Golf Course*****
On Friday the Department of Parks and Recreation closed Wailua Golf Course for safety reasons after a series of lightening strikes. A stubborn high pressure cell had been over the islands for days but by Sunday it was noticeably clearer.