Archive for ◊ December, 2008 ◊

Author: admin
• Sunday, December 28th, 2008

On Friday Night December 26th at 6:45 PM I was sitting on my Lanai (Porch) Watching a spectacular lightning storm dance up the Kooalau Mountain range when the power went out. Not just a little bit out, the whole valley below me was dark. All of Kaneohe!  Cable was down too! No Food Network Iorn Chef!!!

I do have some serious APC Back Up Batteries, but didn’t want to use them up… who knows how long this was going to last? So I fired up my emergency lights and cell phone and got online to Twitter via my T-Mobile Dash Smartphone.

Twitter, for those of you who may not be familiar with it, is a social networking site where you can post short messages called Tweets. People follow your tweets and you can follow theirs. So instantly I was in contact with people all over the island and able to find out the extent of the power outage.

The whole Island of Oahu was in the dark. I Tweeted back and forth to find traffic lights were down, people were stuck in elevators and in many areas there was no water! The airport was dark, flights were being cancelled, travelers stranded. Tourists swarmed out of their darkened hotels in Waikiki to fill the streets inquiring what was going on! Twitpics (Pictures posted to Twitter) showed the extent of the mess island wide.

So it happened that our illustrious Mayor Mufi  Hanneman’s first order of business was to deliver emergency generators to the 9 million dollar beach front estate on the windward town of Kailua where Barack Obama and his family were vacationing. Uh, Mufi? I pay your salary: can you decide your first order of business is the safety and disseminating information about the situation to your constituents?  Guess not. Three generators had already been installed in the vacation home and HECO set up another generator in the neighborhood in case it was needed. But what about MY refrigerator? MY needs? MY warming beer?

By now my fellow Twitterers were on the ball and furiously Tweeting back and forth. We all found out that that Hawaiian Electric thought a lightning strike was responsible or maybe not. We kept tabs on each other throughout the night. By morning some areas had power back on, mostly those closest to the Generating Stations on the leeward side of the island. The only area on the windward side of the island to have power back on Saturday morning was Kailua. (See above ref: Guess who was staying in Kailua?)

My power came back on at 12:45 PM on Saturday, approximately 18 hours after shutting down. Right when my power came back on I saw a huge oily plume of smoke rise up out of the valley . A major fire had erupted close to the Kaneohe Power Plant!  I was able to snap it on my phone and Twitpic it: who had any more information? Was everybody safe? Was the power going down again?

Today I’m thankful I live in a safe neighborhood, neighbors are good people. Realized I should have had an extra case of bottled water, kept my old propane BBQ and bought more emergency lights and batteries. So I will put those things on my shopping list in case the next time around I’m in the dark longer. As of today, Sunday afternoon, there are still some areas of Oahu without power . Water is to be conserved island wide. And Twitter is not to be dismissed lightly as a toy, as some will say. It kept our whole community connected and informed when the traditional airwaves and media could not.

Twitter is my friend.

Aloha,

Biznaz

Author: admin
• Sunday, December 21st, 2008

Mele Kalikimaka me ka Hau’oli Makahiki Hou!

The Lights are up, the Tree is decorated and the cats put together a silly little Holiday Greeting for all of you out there in the snow…

Author: admin
• Saturday, December 20th, 2008

Originally published on my worpdpress.com site on 12/12/2008.

November showed fewer sales than October but with a lesser months supply of homes on the market. I’d like to think that the overpriced stuff is starting to trickle off the market, but it may just be the “Homes Don’t Sell during the Holidays” Myth.  I’ll play “Real Estate Mythbuster” after I give you the numbers.

In November there were 4,751 active residential listings on Oahu, which was an 8.6 month supply of homes if no new properties came on the market.  833 new homes came on and only 371 of the total inventory sold…OUCH!

I’m seeing fewer listings and more “Temporarily Withdrawn” or “Withdrawn” properties in the Multiple Listing Service so far this first week in December.  Did you know that lazy agents convince their sellers not to market their properties over the holidays on the misguided concept that “Homes don’t sell from Thanksgiving until after the New Year”. That is not true.

What these agents are actually doing is making sure they have vacation time for themselves and not doing their sellers any favors. In fact: fewer homes on the market over the Holidays means motivated Sellers have less competition. Buyers who HAVE to buy before the end of the year, for tax or job relocation reasons, are out there actively looking.  Homes show better during the Holidays because sellers typically keep up appearances for guests dropping in.  Lots more reasons to buy and sell this time of year, contact me for more info.

I’m working on putting up the Quarterly Honolulu Board of Realtors Activity Report. It’s a monster PDF File that right now is bogging down my WordPress account until I can figure out a fix. If you want a copy of the report emailed to you let me know.

In closing: as I write this post I’m looking out my window and I am seeing the mountain passes where 67 years ago on December 7, 1941 the Japanese flew through to Pearl Harbor propelling America into World War II. Very humbling. I am extremely grateful to all our military, past and present. I truly believe that their sacrifices over the generations have allowed me to be sitting here living the life of freedom in America. Agree with me or disagree with me: that is the beauty of the whole thing.

Aloha from Hawaii,
Biz

Author: admin
• Saturday, December 20th, 2008

Origionally Posted on my WordPress.com Blog 11/18/2008

Here are some quick facts about the Month of October in Oahu Real Estate:

Last  month there were 4,770 homes for sale on Oahu, which is a 9.8 month supply if no new homes come on the market. Well, only 559 of these sold and an additional 1,123 new homes were listed.

There  is a lot of overpriced, stale goods sitting on the shelf for too long. I blame uneducated and unmotivated sellers as well as incompetent real estate sales people who do not know how to properly price a property as well as not in control of their sellers.

Why take a listing you can’t sell?  I just don’t get it. I talked to an agent who bragged “I have seven Listings right now!” I  looked them up in the Multiple Listing Service and they were over priced buy as much as $20,000- $100,000! It’s an ego thing I guess…makes them think they are working.

But not properly pricing a property to generate offers and sell is hurting the motivated sellers who have to sell. And making it harder  for the Realtors who know how to work this market properly and professionally do business.

There are properties that were listed and closed within 30-45 days last month. These were priced properly for the market and the sellers were motivated. So if you are buying right now there are some really good deals out  there.

Who do you know that needs my help buying or selling Real Estate? I appreciate your referrals!
Wishing you the best for you, your family and your friends this Holiday Season!

Much Aloha,
Biz Kellam