Crossing the Finish Line at the Ironman World Championship 2012

The results are in Australian Pete Jacobs is the 2012 Ironman World Champion with a finishing time of 8:18:37.

THE WINNER!

Even though Jacobs began the race more than 7 minutes behind the then leader, he came through and won by 5:03 minutes. Jacobs was the second place winner of the 2011 race.

Pete Jacobs World Champion U-Tube

For the woman Great Britain’s Leanda Cave won with a time of 9:15:54 . Cave placed third in the 2011 Ironman World Championship.

WOMAN’S WINNER!

Just in September Cave won the Ironman World Championship 70.3 in Las Vegas, NV and has become the second person in Ironman history, and first female, to win the Ironman World Championship 70.3 and Ironman World Championship in the same year.

Leana Cave Woman’s Champion U-Tube

Read more 2012 Ironman World Championship news..  If you’d like additional information about future Ironman competitions or information about the beautiful Big Island, please look me up on my website http://www.loriowens.hawaiimoves.com/.

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Ironman World Championship

I can’t imagine being that physically and mentally fit to perform a 2.4 mile swim, a 112 mile bike and a marathon 26.2 mile run.  I think of myself as being in decent shape, I work out 3 times a week, eat well but I’d be done after the swim.  The athletes who participate in this event are at the top of their game, dedicated, trained, courageous and prepared for whatever it takes to try to earn the title of “IRONMAN“.

Signs, Signs Everywhere

Signs Seen Along Kona Highways

The name Triathlon Ironman refers to both the original Ironman triathlon and the annual Ironman World Championship, also called the Ironman Hawaii.  The Ironman Hawaii is the world championship of the event, held  annually in Hawaii since 1978.

Ironman Hawaii

THIS SAYS IT ALL

The idea for the Hawaiian Ironman Triathlon was created in 1977 by San Diego based John Collins as a way  challenge athletes who had successfully conquered a local biathlon by combing the three toughest endurance races in Hawaii into one event.  On February 18, 1978, 15 people traveled to Waikiki on the island of Oahu to enter into the very first Ironman challenge.  In 1981 the competition was moved to the less urbanized island of Hawaii (Big Island) and in 1982 the race date moved from February to October. An interesting fact, due to the change from February to October, in 1982 there were 2 Ironman Triathlon events.  There may have been logistical changes in the Ironman Hawaii, but the format has remained unchanged throughout its 34 years and is still regarded as an honored and prestigious triathlon event to win worldwide.

Ironman Swim

On Your Mark, Get Set, Go!

There are 3 ways to earn an entry into the 2012 Ironman World Championship: 1) Qualifying slot at one of the qualifying events held worldwide; 2) Being selected through the Ironman Lottery Program; or 3) Winning a slot through the Ironman’s charitable eBay Auction.

The current Ironman Hawaii course record was set by Craig Alexander (Australia) in 2011 with a winning time of 8 hours, 3 minutes and 56 seconds; and for the woman’s category by Chrissie Wellington (Great Britain) in 2009 with a winning time of 8 hours, 54 minutes and 2 seconds.  Craig Alexander is a 3-time Ironman World Champion (2008, 2009 and 2011) and Chrissie Welliington is a 4-time champion (2007, 2008, 2009 and 2011). Two other athletes who are both 6-time winners who deserve recognition are Mark  Allen and Natascha Badmann. Congratulations to all the competitors those who’ve won and those who rose to the challenge.

Holding Current World Record

Craig Alexander 2011 IRONMAN

If you’re already on the Big Island or traveled to see the race or are watching  from afar on October 13, 2012, nearly 1800 athletes will embark on this journey that presents the ultimate test of body, mind and spirit to earn the title of “IRONMAN”.

Finally Done

Crossing the Finish Line

For more information about the 2012 Ironman World Championship, click here for their official website. If you’d like more information about your local Realtor, please visit me at my website.

Welcome to the Big Island

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WILL THE FORECLOSURE BOOM COME BACK TO HAWAII?

According to the Pacific Business News, Hawaii foreclosures last month (May 2012) were down 70 percent  to the lowest level  since July 2008. Hawaii was ranked No. 40 in the nation for foreclosures, according to RealtyTrac.

According to RealtyTrac, there were 267 filings last month, compared with 900 in May 2011. The Honolulu Star-Advertiser (http://bit.ly/MSsOV7 ) reported Thursday that’s the lowest for any month since 229 filings four years ago.

The fall off continues to be linked to an overhaul of Hawaii’s foreclosure law that caused lenders to stop filing cases out of court. The law passed in May 2011.

Act 48 is meant to provide homeowners with a fair chance to avoid foreclosure, including a mediation program.

As stated in the May 14, 2012 issue of the Pacific Business News a bill passed by the Hawaii Legislature to tweak the state’s year-old foreclosure law could further slow the rate of foreclosures in the Islands by requiring attorneys representing lenders to verify the accuracy of all case documents.

The Honolulu Star-Advertiser reports the provision contained in House Bill 1875, which is expected to be signed into law by Gov. Neil Abercrombie, would apply to all new and pending foreclosure cases in Hawaii courts until July 1, 2017. The newspaper reports supporters say the provision is intended to protect consumers by stopping improper foreclosure cases from being filed, but attorneys say the effect will be that foreclosure cases will slow or stop altogether.

A comparison of foreclosed properties for the last 5 months of 2011 to the first 5 months of 2012 show there has been a significant decrease in the available and sold distressed properties. For example in August 2011 there were 35 available and 20 sold foreclosed properties in comparison to May 2012 where there were 12 available and 13 sold properties.

The screeching halt of foreclosures has really affected the Big Island real estate market.  We still have many on-island and mainland buyers who want to take advantage of the down turn in our real estate market, but we have very little to sell them.  The buyers will still come, even though historically less inventory will drive the prices up.

Paradise Continues to be Found

If you’d like more information or a list of our current foreclosure, please feel free to contact me anytime.

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Live the Dream in Puako, While Making An Income

Pure Puako

Have you ever wanted to live in paradise and at the same time make money? Well that opportunity awaits you in the quaint town of Puako located along the Kohala Coast of the Big Island.

Aerial of Puako Bay

Puako Sunsets

B&B FOR SALE

Puako has a lot of charm and history to it. The thousand-year old Hawaiian village of Puako was thriving when missionaries came here in 1823. Hokuloa Church was dedicated in 1860. In 1952 the state offered homesteaders lots in Puako at public auction. The first Reef House was homesteaded in 1958 and extensively remodeled in 1988. The second house was completed in 1995.

Hokuloa Church

With a population of less than 500 people and 160 lots Puako transcends along one main road, Puako Beach Rd, for about a 2.5 mile stretch where you can view a variety of homes including old fishing shacks, 60’s style beach houses and luxurious oceanfront compounds.

Puako Beach Rd

Puako is the only true oceanfront community along the sunny, desirable Kohala Coast where there are no gates, CC&Rs or fees.

The General Store has been a landmark in Puako since 1989, and is pretty much the only game in town to get your necessary provisions with the closest market, restaurants and shopping approximately 2 miles to the South at the Mauna Lani resort area.  This is what makes Puako so attractive to residents, vacationers and visitors, country living with all the conveniences of the life just a hop, skip and jump away.

General Store

There is so much to do and see in Puako you’ll never want to leave surfing, fishing, diving, snorkeling the coral reef, kayaking, biking, walking, jogging and the petroglyph fields.

Snorkling with the Turtles

Kayaking

Puako is considered the sunniest place in the state, averaging nine or fewer inches of rain a year with ninety percent of the days are sunny and free of cloud cover.

Sunny Puako Days

NOW FOR THE MONEY PART. Vacation rentals and B&B’s are extremely popular for vacationers around the world, especially Hawaii.  This successful B&B was previously featured in Travel and Leisure Magazine and has won hospitality and quality awards as a successful bed and breakfast. Just steps away from the pacific ocean, sit back enjoy living in paradise all while running your very own B&B. 

Puako Bed and Breakfast

From the moment you walk into this home you’ll get that Hawaiiana feeling which boasts 5 bedrooms/5 private bathrooms for that perfect B&B set up. All though this property is currently being used as a B&B, the owners are not selling it as a business, but it could continue to be utilized as the only licensed B&B in Puako.

Relax in the Kohala Suite

 CONTACT ME so I can help you make this dream come true.

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HOUSING MARKET STILL DEPRESSED AND MORTGAGE RATES ARE AT AN ALL TIME LOW

Come Live the Dream on the Big Island

If you’ve been on the fence about purchasing property on the Big Island of Hawaii, now might be the time to jump in; not only are home prices still declining, but the average interest rate on a 30-year fixed-rate mortgage dropped again this week to 3.94%, tying a record low set in October.

According to the Los Angeles Times, “In its Dec. 13 monetary policy announcement, the Federal Reserve reiterated the housing market remains depressed,” Nothaft wrote. “Over the first nine months of 2012, households lost almost $400 billion in property values, which contributed to a $1.4 trillion reduction in overall net worth.

The Big Island of Hawaii has been selling homes, condos and land still at all time low prices.  For example, in the month of November Kona had sales of 33 homes, 17 condos and 1 parcel of land; and as of todays date there are active listings for 311 homes, 215 condos and 244 parcels of land (information taken from Hawaii Information Services).

According to the West Hawaii Today, Real Estate Magazine, December 14, 2011 edition the median sales price for single family Kona homes decreased 7.40% vs. actual sales increasing by 11.17%; as for Kona condos the median sales price decreased 20.48% vs. actual sales increasing 9.71%.  With prices down and interest rates at an all time low, buyers should recognize it’s a great opportunity to buy at bargain basement price.

Enjoy beautiful beaches like this one at Mauna Kea Resort

and tropical sunset views from this Hualalai home.

For more information on Big Island properties and a report of active listings, contact Lori.

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Pet Friendly Kailua Kona Condo with Ocean Views

Great ocean views with low maintenance fees, a winning combination!

Sweeping Ocean Views

This newly remodeled turnkey unit features new paint, new flooring, new kitchen counter tops, new bathroom counter tops and fixtures and too much more to list.

Upgraded Kitchen
Nicely Furnished Living Room

This lower floor unit has two outdoor living spaces, one large grass area in the front with ocean views and the back has a nicely planted, relaxing garden area.

Tranquil Gardens

Complex has great amenities including a pool, spa, recreation area, tennis courts, basketball court and BBQ area.

Inviting Pool

There are only a a few complexes in Kona that allow pets and Kona Coffee villas is one with with board approval.

Dogs Allowed with Board Approval

The complex is located just South of Keauhou at a cooler elevation, but close enough to Kailua Town for all the conveniences of living.

Call This Home

Whether you’re looking for a permanent or second home you can’t go wrong with Unit 141 and the Kona Coffee Villas. Contact Me for more information.

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Paradise Found in Kailua Kona, Big Island Hawaii

Pool with a View

Have you always wanted to sip your morning coffee or tea outside on your oversized lanai overlooking the pool and enjoy amazing ocean views?

Enjoy YOur Coffee on the Lanai

Views for Miles

Are you looking for a truly move-in ready home with more upgrades than can be described? Well look no further you’ve found it!

Epitome of Pride of Ownership

This property located in the desirable Sunset neighborhood just outside of downtown Kailua was featured in the August 2011 edition of the West Hawaii Today, At Home Magazine.  The home is the epitome of pride of ownership, whereby the owners, Mike and Carol, took this foreclosure fixer and transformed it into a model home.

Exquisite Workmanship

When the owners purchased the home, by the way sight unseen, it was dated, cramped, painted stark white inside and out, the guest bathroom had a brown tub and the swimming pool was shades of green and black.

Before the Transformation

Now you wouldn’t recognize it’s the same house, which was the case at our recent broker’s open house. Many of the agents had seen this property when it was first sold to Mike and Carol, and couldn’t believe how it looks today.  So many comments, “this can’t be the same house”.

There are so many upgrades to the home, an addendum was attached to my listing, but here are just a few: bamboo flooring, cherry wood cabinets in both the kitchen and bathrooms, kitchen and island granite countertops, stainless steel kitchen appliances, master bathroom large travertine walk-in shower with dual rainwater heads, oversized 2-car garage, swimming pool, designer interior paint, fruit trees, close to Kailua town for shopping, beaches and restaurants, oh, and have a I mentioned the ocean and sunset views.

Master Bathroom

A couple of interesting tidbits about Mike and Carol, they are collectors of antiques, including stained-glass windows from the 1800s and are also vintage car buffs. Carol has a 1962 Volkswagen Ragtop and Mike drives his 1955 two-door Ford Ranch Wagon with a 351 Windsor engine and vintage Edelbrock valve covers.

Mike's Baby

Before they leave Hawaii to relocate back to the mainland, they have one last restoration project, Mike’s 1962 Volkswagen single cab truck.

If you currently live on the Big Island or you’re on the mainland thinking about owning in our quaint Kailua town, you definitely have to take a look at this one, you will not be disappointed.

Call this Home

Contact Me for more information; I have plenty more to share.

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