Kauai Real Estate, Poipu Beach Fire-Neighborhood Evacuated, Haena Road Opens

Kauai Real Estate SOLD and NEW listings Island Wide! Add comments

Kauai Real Estate Update <img src=”image.gif” alt="kauairealestate“/>
For a complete list of everything that Sold, was Just Listed or went into Escrow this past week on the island click here: Kauai Real Estate Update June 10 to June 16, 2019

Poipu Beach Real Estate Update- SOLD!  I brought in the Buyers for a listing of mine at Poipu Crater #20.  This condominium is not like any other Poipu Crater you might have ever seen, the upgrades were extensive and included air-conditioning. This unit had strong rentals which gave the new owners a good start to renting the unit.  If you missed out on this one give me a call for other possibilities.  Find out what is happening in Poipu by clicking on this link: Poipu Beach Current Market Analysis
Kiahuna Plantation Real Estate Update- I just listed units #93, a renovated 1/1 second floor unit in building 16 with a lovely Royal Garden View and #215.  Unit #215 is an 1/1 ocean view with bonus lagoon views with a corner location!  Contact me for more information and for all of the activity at the Kiahuna since January 1 of this year click here: Kiahuna Plantation Current Market Analysis

Haena State Park Reopens!
After the devastating storms of last year the local residents took the opportunity to restructure the usage of new and improved Haena State Park along with a different way to access the area.

Visitors with newly instituted park entrance permits or Hawaii residents can make the four-mile-roundtrip jaunt to Hanakapi‘ai Stream or the eight-mile round trip up the valley to Hanakapi‘ai Falls without additional permits. Hiking beyond the two-mile mark at the stream crossing requires an overnight camping permit from the state Department of Land and Natural Resources Division of State Parks.

For more information, or to get a permit, visit: Kauai North Shore Shuttle

 

Picture was taken at the intersection of Poipu and Pe’e Road as you are heading towards the Grand Hyatt. Road was closed and cars were being turned around.

  500 Acre Fire In Poipu Near Grand Hyatt-Neighborhood Evacuated….Second Fire Breaks Out In Waimea Canyon/Kokee
On Wednesday afternoon residents started calling each other about the fire that broke out near the Grand Hyatt in Poipu Beach.  You could smell and see the smoke for about 4 hours.  It started around 3:30 in the afternoon, the cause is not yet known. By 6 that night they were evacuating the people that lived in the Weliweli Track which is on Poipu Road just after you pass Poipu Beach but before the Poipu Kai.

The fires quickly gained momentum as they raced towards the Weliweli track across acres of dry brown grass that hadn’t seen rain for months.  Firefighters were battling to keep the fire from jumping the bypass road, if that would have happened it would have been a short and easy burn area to get to the home in the Weliweli track.

The subdivisions near the Hyatt; Bayview, Lanai Villas as well as other Poipu Kai condominiums were being carefully watched but due to the surrounding greenery, and the direction of the winds, they were not in any serious danger.  The Bypass Road was closed and Kauai Fire crews were assisted by three helicopters from Airborne Aviation and a helicopter from Jack Harter made who made water drops.
About 8:50 p.m., officials reopened Kipuka Street, connecting roads, and Weliweli Tract and subsequently lifted the evacuation notice. Poipu Road was reopened at 9:15 p.m. Ala Kinoiki (the bypass road) remained closed through the night and reopened about 6:20 a.m. Wednesday.

Second Fire…. On Sunday a fire had broken out in the Waimea Canyon area.  Campers/Hikers were evacuated and at this time no structures have been damaged and no one has been injured.  The cause of the fire is not known and at the time of this blog posting firefighters from Waimea, Kalaheo, Hanapepe and Lihue were all battling to put it out.

Photo Courtesy of The Garden Island Newspaper. Outline shows the burn area of the fire.

 

Strong Economic Data Eases Fears Of US Slowdown
Good news: Consumers are feeling optimistic!  Bad news: cancel that lending rate cut we thought was coming.

Headline retail sales rose 0.5% month-on-month in May, the commerce department said on Friday, offering evidence that consumption had accelerated from the upwardly revised retail sales growth of 0.3% in April, even as the trade war with China deepened.  Decent US retail sales numbers suggest consumers are shrugging off the negative trade headlines and markets may be too aggressive in their interest rate cut expectations.  Economic growth is slowing, but May’s retail sales data suggests second quarter consumption growth could be as strong as 4% per cent annualized, with GDP growth around 2%.
Bottom line is it’s unlikely that there won’t be any “panic rate cut” anytime soon.

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