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Lahaina, HI Real Estate News

By Jeffery Griffin, Broker Owner
(Jeff Griffin LLC )
Foreclosure Friday 9/30/2011 500 Kapalua Drive Golf Villas Unit # 24 P506 Lahaiana HI 96761 for the sum of $175,000.oo Judicial right of confirmation hearing to proceed Surf the Hawaii MLS Find me on Youtube video walk through Find Maui Foreclosures Auctions on Youtube Foreclosure videos Find me on Twitter Twitter Find me on Flickr Fotos Realty Trac Reliable Posting & Publishing USA foreclosures Notice of Defaults in the Star-Advertiser Also The Maui news paper though on line they do not publish Notices of Intent Notice of Defaults in the Pacific Business news.
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By Courtney Brown, Realtor (S) Vice President, Live a Maui Life!
(Island Sotheby's International Realty)
One of the wonderful things about living on Maui is the incredible community, which gathers together to lend support and encouragement to those in need.  Several members of our community have gathered together to present a "Dinner of Aloha" to raise funds to assist the family of Olivia Bianco, a young girl from Maui recently diagnosed with cancer.  Olivia is in home hospice care, and proceeds from the dinner will assist the family with mounting medical and living costs. If you are a foodie and happen to be on island, you'll want to check out this six course wine dinner held beachfront at the charming old Olowalu Plantation House.  Prepared by Chef Luis Fuentes of Island Catering and featuring fine wines from Sandwich Isle Cellars, the menu includes Hawaiian Ahi Poke, Lobster Mango Summe...
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  For the fourth consecutive year, we are pleased to announce that Alohapotts.com, Inc. has been selected for the 2011 Best of Lahaina Award in the Real Estate Agents category by the US Commerce Association (USCA). This is the first year that a business has qualified as a Four-Time Award Winner. Our selection as a 2011 Award Winner is a reflection of the hard work of not only ourselves, but of many people that have supported our business and contributed to the subsequent success of our organization. A big, warm MAHALO goes out to our clients and agents that contributed to our selection to such an elite group of small businesses. To subscribe to our monthly Maui Real Estate Advisor and other Aloha Realty Group announcements, please click here. Don't miss out on notifications of our newe...
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By Lee Potts, The smarter we work, the luckier you get.
(Aloha Group Maui)
  For the fourth consecutive year, we are pleased to announce that Alohapotts.com, Inc. has been selected for the 2011 Best of Lahaina Award in the Real Estate Agents category by the US Commerce Association (USCA). This is the first year that a business has qualified as a Four-Time Award Winner. Our selection as a 2011 Award Winner is a reflection of the hard work of not only ourselves, but of many people that have supported our business and contributed to the subsequent success of our organization. A big, warm MAHALO goes out to our clients and agents that contributed to our selection to such an elite group of small businesses. To subscribe to our monthly Maui Real Estate Advisor and other Aloha Realty Group announcements, please click here. Don't miss out on notifications of our newes...
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By Georgie Hunter R(S) 58089, Maui Real Estate sales and lifestyle info
(Hawai'i Life Real Estate Brokers)
Speechless Sunday - Japanese Jodo Mission pagoda in Lahaina Maui HI 96761 Lahaina Jodo Mission - a historic site with incredible views, and right on the beach too! Lahaina Maui HI 96761 homes for sale ~ * ~ call or text me 808 283-0635 ~ EMAIL Georgina M. Hunter Maui Realtor(S) e-Pro  Search the Maui MLS here  Aloha from Maui...  
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By Georgie Hunter R(S) 58089, Maui Real Estate sales and lifestyle info
(Hawai'i Life Real Estate Brokers)
Aloha Friday from Baby Beach in Lahaina Maui HI 96761 Baby beach is located at the north end of Front Street in the historic town of Lahaina Maui. It's calm and protected here and a great place for beach fun in the sun! Beachfront homes along the shore enjoy beautiful views of the island of Lanai. Lahaina Maui HI 96761 homes for sale Are you ready to buy a beachfront Maui home?  Why not call a local Maui Realtor to help you along the way? call or text me 808 283-0635 ~ EMAIL Georgina M. Hunter Maui Realtor(S) e-Pro  Search the Maui MLS here  Aloha from Maui...    
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By Jeffery Griffin, Broker Owner
(Jeff Griffin LLC )
Wordless Wednesday Maui HawaiiEntertainment 
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By Courtney Brown, Realtor (S) Vice President, Live a Maui Life!
(Island Sotheby's International Realty)
The Ritz-Carlton Club and Residences®, Kapalua Bay: Maui Real Estate Market Update The Ritz-Carlton Club and Residences®, Kapalua Bay, is Maui’s newest luxury condominium development. First opened in 2009, the property is comprised of 62 fractional residences and 84 wholly-owned residences. The market has picked up at the Residences, as it has across the high end of the Kapalua Resort, with three closings in the past six weeks: 1303 and 1302 both closed at $3,300,000 each.  2103 closed at $2,800,000.  There are three different floor plans at the Residences: 3B/3.5B, 3B/3.5B plus den, and 4B/4.5B.  Of the recent sales, all three are oceanfront, 3B/3.5B with a den, and sold for approximately $1079/sq. ft.  The following is an overview of the whole ownership sales history: Exclusive Resor...
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By Jeffery Griffin, Broker Owner
(Jeff Griffin LLC )
Foreclosure Thursday 7/28/2011 Three Lots of Kana 7 Kahuakai way Kaanapali golf estates Lahaina HI 96761 for the sum of $1,025,000.00 a judicial hearing with a right of confirmation will be set 15 Kahuakai way Kaanapali golf estates Lahaina HI 96761 for the sum of $1,351,000.00 a judicial hearing with a right of confirmation will be set 23 Kahuakai way Kaanapali golf estates Lahaina HI 96761 for the sum of $1,389,000.00 a judicial hearing with a right of confirmation will be set 140 Uwapo road Unit 3-104 Kihei Hi 96753 for the sum of $121,000.00 purchased by the public and a judicial hearing with a right of confirmation will be set Foreclosure Friday 7/29/2011 The foreclosures auctions for today July 29th 2011 have been postponed; check out the youtube channel for proper updates and pos...
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By Courtney Brown, Realtor (S) Vice President, Live a Maui Life!
(Island Sotheby's International Realty)
Maui Court Confirms Ritz-Carlton, Kapalua Hotel Foreclosure On May 5, 2011, at $75 million, Lehman was the sole bidder at the foreclosure auction of the Ritz-Carlton, Kapalua Hotel.   Lehman was the original lien holder on the property, which was owned by W2005/Gengate Realty.  Lehman’s bid was subject to court confirmation, at which time, bidding could be reopened with a bid 5% higher than Lehman’s May 5th bid. In the court confirmation hearing on July 20, 2011, bidding was reopened by a new party.  However, Lehman remained the high bidder, recording at $95,000,000. The hotel underwent an extensive renovation in 2007, at which time, the north (Honolua) wing was converted into 107 one and two bedroom condominium suites, which were then offered for sale as the Ritz-Carlton, Kapalua Resi...
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By Barbara Potts
(Aloha Realty Group)
  Aloha from your resident experts!   Our favorable sales trend has continued. Well-priced units are selling quickly, with multiple offers, and the number of active listings is low (12) compared to the same time last year (21).    As of July 21, there are 3 pending sales with an average of only 34 days on market, compared to the average days on market for the remaining active listings of 436 days! Average days on market for sold units in 2011 so far was 153 – not too bad, considering some of them were distressed properties.   This year, 10 units have sold and 3 are in escrow, so we have a little over 6 months’ inventory on hand.  That is generally considered a balanced market. There were 14 sales in the entire year in 2010, so our sales pace is well ahead of last year’s.   We are workin...
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By Barbara Potts
(Aloha Realty Group)
  Sales in Q2 2011 improved—they couldn’t have gotten worse, from zero in Q1 to 6 units sold! Sales prices for sold units were well below asking prices in general. Interestingly, none of the sales were distressed properties – only serious sellers.   The average number of days on market for active listings at quarter end was 317 days.  That’s a little over one month shy of a full year.   There have still been no sales of the standard fee simple 2 bedroom units; that doesn’t include the Aloha Suites or the short stack. That might be because the highest selling price for a 2 bedroom unit in 2010 was $594,900 and the current median asking price for a 2 bedroom unit is $740,000.   Only one fee simple 1 bedroom sold during the quarter.  It was a partial ocean view that sold for $330,000.  The...
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By Courtney Brown, Realtor (S) Vice President, Live a Maui Life!
(Island Sotheby's International Realty)
The Ritz-Carlton Club and Residences®, Kapalua Bay: Maui Real Estate Market Update The Ritz-Carlton Club and Residences®, Kapalua Bay, is Maui's newest luxury condominium development.  First opened in 2009, the property is comprised of 62 fractional residences and 84 wholly-owned residences.  The market has picked up at the Residences, as it has across the high end of the Kapalua Resort, with two closings, each at $3,300,000.  Both are 3B/3.5B plus den floorplans, oceanfront, and sold for approximately $1136/sq. ft.  The following is an overview of the whole ownership sales history: Exclusive Resorts, as a partner in the development, purchased 15 of 84 the wholly-owned condominium residences for a total of $56,574,390.  Since the release a total 11 additional residences have sold to pri...
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By Mihaela Stoops, REALTOR - Broker, Your Maui Real Estate Professional
(Aloha Realty Group)
In an attempt to define the purpose of my business, I foudn my self having to deal with the bigger question:  What am I selling? Sure, the short answer is HOUSES. And most of us, when we think of houses we think location, square footage, condition of the property, market value. But are we really selling just square footage of living space, which truly  is square feet of area under the roof? Are we selling a pile of construction materials arranged in a seamingly logical and hopefully artful or functional manner? Are we selling numbers attached to this big ticket item, validated by an appraisal, and thus by more numbers? The most beautiful and extensive definition of a HOME I found is in the beginning of Lori Ryker's book called " Off the Grid Homes, Case Studies for Sustainable Living". ...
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By Jeffery Griffin, Broker Owner
(Jeff Griffin LLC )
Foreclosure Wednesday 7/13/11 The following time share properties have been foreclosed upon by their respective lien holders in a judicial proceeding. 533 Pikanele Lahaina HI 96761 for the sum of $366,6335.00 With a judicial hearing to precede with confirmation you can bid 5% more and win. Surf the Hawaii MLS Find me on Youtube video walk through Find Maui Foreclosures Auctions on Youtube Foreclosure videos Find me on Twitter Twitter Find me on Flickr Fotos Realty Trac Reliable Posting & Publishing USA foreclosures Notice of Defaults in the Star-Advertiser Also The Maui news paper though on line they do not publish Notices of Intent Notice of Defaults in the Pacific Business news.  
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By Jeffery Griffin, Broker Owner
(Jeff Griffin LLC )
Foreclosure Tuesday 7/12/2011 All the other foreclosures were postponed The rest of the foreclosures auctions for today June 8th 2011 have been postponed; check out the youtube channel for proper updates and postponement dates! Surf the Hawaii MLS Find me on Youtube video walk through Find Maui Foreclosures Auctions on Youtube Foreclosure videos Find me on Twitter Twitter Find me on Flickr Fotos Realty Trac Reliable Posting & Publishing USA foreclosures Notice of Defaults in the Star-Advertiser Also The Maui news paper though on line they do not publish Notices of Intent Notice of Defaults in the Pacific Business news.  
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By Mihaela Stoops, REALTOR - Broker, Your Maui Real Estate Professional
(Aloha Realty Group)
As we all thought, it was just a matter of time before real estate property rates went up again.  The new,increased rates are to be applied for the taxation year starting July 1st 2011. To see what is for sale in Maui County, please check www.forsaleinlahaina.com.  
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By Courtney Brown, Realtor (S) Vice President, Live a Maui Life!
(Island Sotheby's International Realty)
Kapalua, Maui: Real Estate Update One of the questions I'm most often asked is how today's market relates to the peak.  Rather than just guess, I decided to really find out, and prepared a Market Report, with annual comparison's for the past ten years for each neighborhood in the Kapalua Resort.  In reviewing market conditions from 2000-2010, for the most part, we see a 30-60% decline in average sale price (SP) over the market peak, with the majority of condominiums down about 30-40%.  Land values were hit the hardest, particularly in Honolua Ridge which was introduced as a new development at the height of the market. Market Peaks varied by neighborhood, with the majority seeing their peak in 2006/2007.  However, it is noteworthy that two neighborhoods, Coconut Grove on Kapalua Bay and...
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By Mihaela Stoops, REALTOR - Broker, Your Maui Real Estate Professional
(Aloha Realty Group)
Napili Bay is , in my opinion, the best beach on the entire island of Maui.  For families with children , this is way better than the so called Baby Beach. This beach is raked every day, restrooms and showers are close by and the Seahouse Restaurant is an excellent choice for breakfast, lunch or dinner.  At the  south end of the beach you have The Gazebo ( a must go place for breakfast ) and the more recent Cafe o Lei ( serving dinner only). Napili Shores condominiums are located at the South end of Napili Bay. Low rise buildings, low density complex , Hawaiian landscaping and coy ponds make this property the place where you really want to be. There are currently several units for sale at Napili Shores, ranging in price from $345,000 for a studio to $425,000 for a 1bd unit, recently rem...
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By Jeffery Griffin, Broker Owner
(Jeff Griffin LLC )
Foreclosure Tuesday 6/28/2011 The following time share properties have been foreclosed upon by their respective lien holders in a judicial proceeding. F-12 Kaanapali Keys papkea Lahaina HI 96761 HOA for the sum of $24,000.00 Surf the Hawaii MLS Find me on Youtube video walk through Find Maui Foreclosures Auctions on Youtube Foreclosure videos Find me on Twitter Twitter Find me on Flickr Fotos Realty Trac Reliable Posting & Publishing USA foreclosures Notice of Defaults in the Star-Advertiser Also The Maui news paper though on line they do not publish Notices of Intent Notice of Defaults in the Pacific Business news.  
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