What you need to know about Vacation Rentals on Maui

Here on Maui, striking the balance between vacation rentals and available residential homes isn’t always easy, and finding a mutually beneficial system is a constant conversation. Here are three recent Maui News articles covering upcoming changes, proposals, and the effects new regulations might have.   Opinion: Legal short-term rentals are better than unpermitted ones. Thomas…

Kihei Shopping Center Sold

By EILEEN CHAO – Staff Writer Ownership of the Kihei Shopping Center changed hands in a deal made last month, but there are “no big changes” planned for the 15 shops that currently inhabit the complex, brokers for the deal said Monday. The shopping center is home to Amigo’s Restaurant, Rent-A-Center, Maui Brick Oven Pizza…

Sales of Homes, Condos Increase

December 11, 2012- The Maui News Maui County saw double-digit increases in both the percentage of homes and condominiums sold last month and the median prices for those categories. The number of condos sold jumped by 24.7 percent to 96 units last month, compared to 77 condos sold in November 2011, according to data from…

Hawaii Hotels For Sale

Happy Holidays! Interesting article from the Pacific Business News regarding hotel sales in Hawaii.  Now is an opportune time to buy a hotel in Hawaii, according to industry experts, if only investors could find owners willing to sell. The visitor industry is breaking records this year, and experts forecast an even stronger 2013. Room revenue for the…

Construction Industry is Starting to Build Momentum

Premium content from Pacific Business News by Stephanie Silverstein, Reporter The construction industry is beginning to show signs of an economic recovery, according to a new report. For the first time since 2006, statewide private building permits have increased for three consecutive quarters, according to the University of Hawaii Economic Research Organization. UHERO forecasts that…