As of this posting, there are at least 25 properties in the Kilauea, Princeville, and Hanalei areas that are  in short sale or foreclosure. This list is compiled by RealtyTrac, the nation's leading source for foreclosures. This does not include the many sellers who are still current in their mortgages but still must seek short sales. The lists are divided into two types, those in pre-foreclosure where the NOD (notice of default) has been filed with the County of Kauai. Then there are those who already have their auction dates set. Experience tells us that its few and far between that the auctions actually take place on the dates noted in the RealtyTrac database. They are often postponed by the lender for a plethora of reasons. Many of the Princeville foreclosures are at condo complexes ... 03/05/2009

Aloha, It looks like the developer of Nihilani condos is finally getting competative with the resales. In other words, Brookfield is getting real. Case in point: Nihilani 33A, a three bedroom, two and a half bath townhouse style condo listed by Brookfield for $731,500 closed on 12-08 at the unbelievable price of $625,000. Now that's what I call a price discount and is a strong indication of how desperate the developer is to move these remaining units and get down to business with their new Poipu project, PiliMai. Don't get me wrong. There's nothing wrong with these condos that is causing the developer to "unload" then except for the fact that they got caught like everyone else in the market decline. Here they were building this great complex, increasing the price each release, when the ... 12/10/2008

  Unit Price Bed rooms Bath rooms Living Area Days on Market Maint. Fees Taxes $/SF  #27B $539,900 3 2.5 1,567 79 520 $4,528 $344.54  #21B $579,000 2 2 1,400 221 392 $329 $413.57  #3B $588,300 2 2.5 1,567 132 518 $4,111 $375.43  #8B $598,300 2 2.5 1,567 140 518 $3,486 $381.81  #9A $610,000 2 2 1,406 208 480 $2,941 $433.85  #11A $610,000 2 2 1,406 139 480 $1,821 $433.85  #21C $610,000 2 3 1,972 656 652 $5,698 $309.33  #33B $630,000 2 2 1,406 139 480 $4,062 $448.08  #10B $643,300 2 2.5 1,567 208 518 $2,029 $410.53  #13A $648,000 3 2.5 1,874 80 620 $5,415 $345.78  #14C $649,000 3 2.5 1,874 88 620 $5,415 $346.32  #29C $649,000 3 2.5 1,874 371 529 $5,415 $346.32  #7B $669,900 2 2 1,476 129 480 $1,732 $453.86  #5A $699,000 3 2.5 1,874 96 508 $4,917 $373.00  #20A $699,000 3 2.5 1,874 61 620 $5... 09/22/2008