Aloha, The whales have arrived and we are headed into our high season here on island. In a recent Maui News article the number of homes sold in Maui County last month hit a five-year high, likely the result of buyers getting in before prices start to increase. Inventory levels are down as much as 20%…
Happy Aloha Monday! Our Summer season proved to be a success for our hotel industry. The Maui News recently published an article that shows Maui’s room revenue increase Click here for the full article from The Maui News . Now, as we head into our winter season we will start to notice our real estate inventory…
Aloha, There are some great opportunities available in Maui real estate right now. The best listings are moving fast, so you have to keep a close eye on what’s being offered – or have a professional like myself doing that for you. Please have a look through my Best Buy list on my website http://www.SoldOnMaui.Net by clicking on the Condo or…
Aloha, Thank you for reading my blog. Here on Maui we continue to experience increased activity in the real estate market as we gear up for our high-season this fall. We expect to have a busy season this year. Visitors will now have more accommodation choices due to the possibility of short-term vacation rental permits being processed for residential zoned neighborhoods on Maui- see…
Single-family home prices in Maui County last month increased nearly 25 percent over last year, while condominium prices were unchanged, according to the latest data from the Realtors Association of Maui. The median sales price for single-family homes in July rose to $491,000, compared to $394,500 last July. That’s based on the sale of 71…
Habitat Maui to break ground on its first multifamily project August 13, 2012- Maui News Habitat for Humanity Maui is looking “up instead of out” with its new 16-unit condominium project in Happy Valley. Groundbreaking for the three-story structure at 2024 Kahawai St. along Iao Stream is set for 9 a.m. Thursday at the site.…
Happy Aloha Friday! Quick update on real estate on Maui. We are still experiencing a buyer’s market, and those who are qualified to buy are able to obtain some great deals! The market has been heating up with first time and investor buyer’s who are back and buying the foreclosure , bank owned, short sales It’s…
Local economy not yet reaping the benefits of tourism growth. The record growth Hawaii’s tourism sector is experiencing this year has yet to translate into benefits for the broader economy, which remains mostly stagnant, the latest forecast by University of Hawaii economists says. The state’s economy is still being hampered by slowdowns in the construction…
The Maui News – July 25, 2012 WAILUKU – The master-planned Honua’ula project in Wailea received a key approval Tuesday by the Maui Planning Commission that will allow development of the luxury golf community to move forward. The nine-member commission voted eight in favor with Commissioner Penny Wakida having reservations to approve the $1.2 billion…
By Zunaira Zaki | ABC News – 5/31/2012 If you can get a new mortgage or refinance an existing one, interest rates have fallen to incredible new lows. Interest on a 15-year loan has dropped below 3 percent for the first time ever, according to data from Freddie Mac. The average rate on the 30-year…
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