Blog

Short Sales Dominate New Escrows

The market continues to improve with 91 new escrows opened in the previous 7 days. Digging in to those statistics a little deeper reveals some interesting facts. New contracts for condos and homes are almost equally …

Read More

Interest Rates Help with Market Recovery

With interest rates hovering around 5% with zero points, is it any wonder why sales have been improving month after month. This week’s featured property was once the home of Princess Kapiolani, so it truly is …

Read More

First Time Home Buyer Credit Extended

As expected and hoped for, the First Time Home Buyer Credit has been extended until April 1, 2010. Although our temperament has been and still is cautiously optimistic; we are starting to see very positive signs …

Read More

No Slowdown in Sales

The fall months is normally a transition period where sales fall off, but this year we are running well ahead of last year. In fact, there were as many new escrows for the first half of …

Read More

Kihei Real Estate

Although historically known for its dry, hot days, Kihei is a Maui community located southwest of Haleakala on the coast. The traditional Hawaiian name for the region highlights its more barren aspects but despite dusty days …

Read More

Is the Recession Over?

There is a growing consensus that the recession is over. Here are a couple of optimistic reports worth reading. Getting Back to Normal – The Outlook Continues to Improve 8 Reasons Why (We Believe) the Recession …

Read More

Are Maui Homes Affordable Again?

While housing prices in Maui are still not at a level that allows the average island family to buy, just yet, there are some reasons for optimism. For the most part, the average island income is …

Read More

Foreclosures provide opportunities for affordable Maui homes

Despite all signs that a disaster is on the horizon for the housing market in Maui, the Maui County Council are diverting affordable housing funds to an ill-conceived affordable rental project. While recognizing that something must …

Read More

Predicting the Market Bottom

There is still controversy about whether or not the latest real estate market data is signalling a bottom to the market. The naysayers point to the increasing delinquency rate on Alt A and Prime Loans as …

Read More

Debt Storm Sweeps Maui

Maui has recently been swept by a storm of debt that has left a high rate of foreclosures and bankruptcies in its wake. Although Maui County was previously thriving and enjoying a time of prosperity, the …

Read More