thegardenisland.com
Friday, October 1, 2021 • B3
THE GARDEN ISLAND
Got House?
Julie Black, Principal Broker & Owner (808) 652-6174 with daughter Kela Caspillo, Realtor Sales Person (808) 652-6173 kauaidreams.com
Featured Homes
Welcome to your new home
Style-savvy housewarming gifts Kim Cook ASSOCIATED PRESS
Lihu‘e
2912 Wa‘a Road A great opportunity to own two homes at less than $500,000 each! Two legal homes in the heart of Lihu‘e with two separate water and electric meters. The front home is 2 bed/2bath and the back home is 2 bed /1 bath. Both with covered parking. A convenient location in Lihu‘e town within walking distance to many amenities. MLS # 653608; $995,000. Call Julie Black, RB (808) 6526174 or Kela Caspillo, RB (808) 652-6173 Kauai Dreams Realty, to see this Property.
Soaring home prices juice US homeowner equity growth ASSOCIATED PRESS LOS ANGELES — Soaring home prices have pushed up average homeowner equity growth to the highest level in more than a decade, though recent signs of a cooling U.S. housing market point to more moderate gains in the second half of the year. Homes with a mortgage gained an average of $51,500 in equity in the second quarter, an increase of 29.3% from the April-June quarter last year, according to real estate information company CoreLogic. That’s the highest quarterly average gain in home equity since the second quarter of 2010, the firm said. That works out to nearly $3 trillion in equity gained by U.S. homeowners with a mortgage, which is about 63% of all homes, CoreLogic said. Average homeowner equity jumped nearly 20% in the first quarter from a year earlier. Home equity growth can have broad impacts on the economy, giving homeowners more financial flexibility to spend on big purchases or build a nest egg. Rising home values also make it increasingly tougher for would-be homeowners to buy. Homeowners in California, Washington state and Idaho saw among the biggest average equity increases in the second quarter: $116,000 in California, $103,000 in Washington state and $97,000 in Idaho. The surge in homeowner equity gains follows a record run up in U.S. home prices this year amid a searing hot housing market fueled by ultra-low mortgage rates, a thin inventory of properties for sale and many would-be buyers’ desire for more living space during the pandemic. S&P said this week that its closely watched S&P CoreLogic Case-Shiller 20-city home price index surged 19.9% in July from a year earlier, the largest gain on records dating back to 2000. Still, there are signs the soaring home price gains fueling homeowner equity may have peaked. The National Association of Realtors’ most recent housing market snapshot showed the median home price of previously occupied U.S. homes rose 14.9% in August from a year earlier to $356,700. That’s a more modest gain than earlier this year, when year-overyear increases were at 20%-25%.
Bread and salt. Wine. A broom or sack of flour. Honey, pineapples, even bluebirds — a symbol of happiness — have been bestowed on people moving into new homes over the centuries. Fall is a busy time for relocating, and many people have recently done so because of pandemic-related changes in work, school and home life. So if you’re looking for some modern housewarming presents to go with (or instead of) the traditional ones, we’ve got some sugCHATBOOKS VIA ASSOCIATED PRESS gestions from interior designers for both new Chatbooks lets you connect your Instagram or camrenters and new owners. era roll to create beautiful photo books, prints, cards, or these wall tiles. At the front door Baylee Floyd, an Orlando, Florida-based designer with the online platform Decorist, suggests giving your friends a welcome mat. “A front door mat is always a great gift — I get custom, monogrammed mats made to help them really make their place feel like home,” she says. Etsy.com and others offer customizable mats, or you can shop Grandin Road, Frontgate and Birch Lane for initialed coco mat designs.
Elysia Home’s Letterfolk doormat comes with a bag of 75 hexagonal penny tiles, so the new renters or owners can create their own welcoming message. Leia T. Ward, founder of LTW Design in New Canaan, Connecticut, likes the idea of giving a little connectivity. “An Alexa or an Echo (may) seem random,” she says, “but it’s great for those extra spaces that homeowners typically don’t tend to buy smart speakers for, like a patio,
garage, home office or bathroom.” If the newly moved are going for a boho décor vibe, consider Natural Life’s hand-painted wood flower hooks, which could go next to the door, on a porch wall or really anywhere. For the walls Seattle designer Elizabeth Herrera suggests a customized house portrait. “Upload a special photo to www.minted.com, and they’ll create a letterpress
or standard printed drawing,” she says. You can choose frame style, mat and size when you order. If the recipients have moved to Chicago, New York City, San Francisco or Texas, Minted’s designers have created cool toile papers for each of those cities, offered in framed pin boards perfect for kitchens or home offices. Chatbooks, which lets you connect your Instagram or camera roll to create photo books, prints or cards, has a wall-tile option too. Have the images printed on square canvas frames with moveable adhesive backing; perfect for renters.
Bring some pleasing fragrance into the new home with Otherland’s Manor House Weekend soy-based candle collection. The fall version has notes of smoky maple, cardamom, toasted nuts, pear and apple. Cooking and entertaining
Knife blocks and cheeseboards are classic housewarming gifts. If you want to take it up a notch, consider Crate & Barrel’s monogrammed serving board made of mango wood, marble, and inlaid brass for the initial. The retailer also has Schmidt Brothers Cutlery’s tabletop and wall-mount knife holders, crafted of warmly hued Getting cozy acacia wood. City dwellers might love Or consider Material a soft plush pillow in the Kitchen’s reBoards, cutting shape of a tropical leaf or boards made of recycled succulent, from Green Phi- plastic and sugarcane, and offered in a rainbow of losophy Co; they’ve partnered with nonprofit Trees beautiful hues. KitchenAid’s Artisan Sefor the Future, so pillow and throw sales support ries limited edition Light planting initiatives worldand Shadow stand mixer has the “wow” factor; the wide. base is a creamy milkshake Another eco-friendly hue, and the bowl is matte idea: The Polished Jar ofblack, textured with a studfers reusable bottles for personal and house prodded design that’ll have ucts like soaps, lotions, etc. your recipients wanting to feature it front and center Choose plastic or glass, on the kitchen counter. and you can further cusThat milky hue is also oftomize with a snazzy metallic or matte black pump, fered on a slim yet powerplus a waterproof label. ful semi-automatic Available singly, or in bun- espresso machine, blender, and coffee grinder from dles that include a stylish KitchenAid. tray.
Hawaiiana Management Company, Ltd. Serving Kauai’s Condo & Community Associations with award-winning service
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awaiiana currently serves nearly 60 residential and commercial associations on the Island of Kauai. Kauai native Sunshine Ruiz Hatto serves as Hawaiiana’s Vice President RI .DXDL 2SHUDWLRQV IURP LWV RIŅFH DW WKH .XNXL *URYH ([HFXWLYH &HQWHU LQ /LKXH
Sunshine Ruiz Hatto Vice President Kauai Operations
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99% retention rate among clients Local (vs. mainland) banking All employees are in Hawaii Serving nearly 60 associations on Kauai
www.hmcmgt.com
BOB WILSON SR. MANAGEMENT EXECUTIVE
LUCY TAYLOR SR. MANAGEMENT EXECUTIVE
AMY CAMPBELL MANAGEMENT EXECUTIVE
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KRISTEN KURZ MANAGEMENT EXECUTIVE
HINAHEA LANGI OFFICE MANAGER, SENIOR ADMINISTRATIVE ASSISTANT
RACHELE BURNS TOGUCHI ADMINISTRATIVE ASSISTANT
Hawaiiana’s Kauai Properties: $OLKL /DQL Alii Kai at Hanalei Alii Kai II $OLRPDQX (VWDWHV Apopo Hale (PPDODQL &RXUW +DODXODQL &RQGRPLQLXP Hale Honu Halelani Village at Puhi Halemalu at Puhi Hanalei Bay Villas +RROXDQD &RQGR DW .RKHD /RD +RRNHQD DW 3XKL Kahala at Poipu Kai Ka‘iulani of Princeville .DNHOD 0DNDL 2FHDQYLHZ Kalaheo Pali Kai Kalihiwai Ridge
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