RECENT BLOG POSTS
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We are pleased to announce the listing of Wailea Ekolu unit 1603. This en-suite, two-bedroom, 1071 square foot unit has been thoroughly remodeled and has a spectacular kitchen. It also boasts porcelain tile floors and a spacious and private floorplan. The bathrooms offer a glass block shower,...
06/03/2008
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The Department of Business, Economic Development and Tourism has released the tourism results for April and they are dismal. Maui visitors declined by 7%, 9% by air, and the ATA and Aloha bankruptcies were fully felt. Maui lost 24% of its scheduled air-seats in April. Canadian visitors increased ...
05/29/2008
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Every year, Dr. Beach, Stephen P. Leatherman releases his list of the top ten beaches in the United States and almost every year we affectionately chide him for his selections. This year is no different. Dr. Beach has declared Caladesi Island State Park in Clearwater Florida is the best beach. NO...
05/26/2008
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The NAR released their report on April home sales and the results are discouraging. The question of course is how does it impact Maui real state. Here are the key findings: Existing-home sales slowed in April, partly because restrictive lending practices hampered home buyers...Existing-home sa...
05/26/2008
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3911 Honoapiilani Highway sits just off the highway in Maalaea. It is a 1400 square foot home, three bedrooms with astonishing views and ocean access. You are as close to the Pacific as you have always wanted to be. The home is in good condition. Here's the best part, it can be had for $1.6 milli...
05/22/2008
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At a meeting on Wednesday, the Maui County Council set the property tax rates for Maui real estate for the 2008-2009 fiscal year. The rates are as follows: Homeowner: $2 per $1,000 of assessed value. Improved residential: $4.85. Apartment: $4.55. Commercial: $6.25. Industrial: $6.50. Agricultural...
05/21/2008
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In last weeks Wall Street Journal there is a story on how the returns on remodeling have changed. Some snippets and their implications for Maui real estate below: The slumping housing market has made remodeling much trickier. When house prices were climbing ever higher, buyers knew they could sp...
05/21/2008
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In the Economist magazine, a short article argues that the housing issues on the mainland are only half over: The pain of America's housing bust varies enormously by region. Hardest hit have been the "bubble states"?California, Nevada and Florida, as well as parts of the industrial Midwest. T...
05/12/2008
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In today's Wall Street Journal, an article cites Wellesley College Professor Karl Case calling the bottom of the national housing market:But new housing starts have at last slumped below the seemingly magical one million mark. That happened in March. Every time that has happened in the last 50 ye...
05/07/2008
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According to an article in today's Wall Street Journal, lending standards are tightening across all asset classes: The Federal Reserve's survey of banks' senior loan officers, one of the most closely watched gauges of lending practices, found that the credit crunch is widening. The proportion ...
05/07/2008