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Aloha ,
Market Update
October brought along a change to the mortgage industry, TRID, the new TILA-RESPA Integrated Disclosure rule. The new rule is impacting almost every step of the closing process. Estimated closing with financing is now 60 days rather than 45 days.
The visual layout of the new form is much easier to understand. The Good Faith Estimate now includes the total monthly payment or amount of cash you need to complete the transaction.
The closing disclosure is now due 3 days prior to closing, giving borrowers time to thoroughly go through the disclosure and ask questions. With this extra time for review there will be a decrease in mistakes. This regulation change puts more responsibility on the lender and will help settlements run smoother.
Have a wonderful week,
Lindsey for The Smith Team
Ken, Melissa and Lindsey
P.S. - The Montage Hotels and Resorts is holding it's 3rd annual Memory Makers Contest where where 10 college scholarships will be awarded to community leaders between the ages of 13 and 17.
Melissa Smith R (B), Ken Smith R (S)
Market Watch
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Active
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Pending
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Sold
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Change
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Homes
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518 (258)
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230 (25)
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1056 (193)
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+11 |
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Condos
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732 (168)
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184 (15)
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1198 (160)
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+6
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Land
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354 (133)
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37 (7)
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149 (22)
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+3 |
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Total
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1604 (559)
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451 (47)
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2403 (375)
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+20 |
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1. The numbers in parentheses reflect the number of listings over $1M
2. Sold listings are for the previous 12 months.
3. Change is the increase or decrease in number of active listings from the previous week.
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Homes Over $1M
551 Lii Way
Wailuku
$1.425M (FS) |
Architecturally designed custom-built home with sweeping views of the ocean, Haleakala, and the night lights. Unique and one of a kind, this home was blessed "Kapu`umohala", Maui opens up or unfolds here.
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32 Papakapu Place
Wailuku
$1.75M (FS) |
Come home to a thoughtfully designed, private, split level, executive style home complete with ocean views spanning from Wailuku to Molokini. Stucco exterior, Monier tile roof and expansive Trex decking provide for a low maintenance lifestyle.
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239 Front Street
Lahaina
$2.9M (FS) |
True Coastal Living in Lahaina! First time on the market. This oceanfront land and its classic plantation-style home are rich with history in Lahaina. It is being offered by the family that built it in 1917, and is listed on the State Register of Historic Homes.
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Homes Under $1M
2169 Kahookele Street
Wailuku
$575K (FS) |
Wow! Where do I begin. Covered (enclosed) front entry, to a capacious family/living room or to the sitting room w/ tatami flooring. A fully functional kitchen (with a walk-in pantry) that accommodates the breakfast/lunch area or compliments the master dining room.
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231 Leiani Drive
Wailuku
$600K (FS) |
Outstanding ocean and mountain views to be enjoyed from this wonderful home located at the very top of Sand Hills. As Mauians reflect, a neighborhood of prominence. Five bedroom, 4 bathroom charmer is awaiting a new family that will restore it's beauty and unique style of character.
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73 Nokekula Loop
Wailuku
$615K (FS) |
This recently remodeled and renovated 4 bedroom 3 bathroom home is just like buying a brand new house with fully mature, well maintained landscaping. With no neighbor behind and one-story homes on either side there is privacy and expansive Haleakala and West Maui Mountain views from this move-in-ready house.
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128 Kilou Loop
Wailuku
$775K (FS)
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This immaculate home with incredible views is situated at the edge of Oceanview Estates which affords spectacular views of Haleakala, West Maui Mountains and the popular surfing beach "Sand Piles". The upper floor features a kitchen with Kitchenaid fridge, ceramic stove top, Bosch dishwaster, granite counters and built in pantry.
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Vacation Condos Over $1M
Wailea Ekolu #402
Wailea
$1.049M (FS) |
Arguably the best-located best view unit in Wailea Ekolu. This light-filled end unit is as beautiful inside as the ocean views are outside. Looking out you enjoy year-round sunsets over the sparkling blue Pacific ocean, with views of Molokini, Kahoolawe, and Lanai. Gorgeous remodeled kitchen and baths with granite, solid wood cabinets and stainless steel appliances.
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Wailea Ekahi 18E
Wailea
$1.099M (FS) |
Enjoy beautiful sunset views while you listen to the waves crash on Keawakapu Beach, rated the #1 Beach in the World" by Conde Nast Travel Magazine. This remodeled home has a huge double-sized lanai. Beautiful ocean views are enjoyed from the lanai and the living room.
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Honua Kai - Konea #204
Kaanapali
$1.15M (FS) |
Lowest priced Developer home! Developer offering 1 year HOA credit to purchaser. Great rental potential! Beautiful 2 bed/ 2 bath 1,250 sq ft unit.
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Wailea Point #2301
Wailea
$2.275M (FS) |
Wailea Point 2301 is a single-level ground floor unit with excellent ocean views towards the West Maui mountains. You will enjoy privacy with water views from the inside living area, the kitchen and from the lanai. The sunrise and moonrise vistas towards the top of famous Haleakala mountain, are a stunning bonus.
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Vacation Condos Under $1M
Maui Vista #2404
Kihei
$470K (FS) |
Maui Vista Unit 2404 is fabulously located across the street from renowned Charley Young Beach in popular building 2, which is away from the traffic of South Kihei Road, but still just a short stroll away. Conveniently located within the complex and with a beautiful ocean view!
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Hale Pau Hana #17
Kihei
$849K (FS) |
Unbelievable opportunity to purchase an upper level, direct beachfront unit in the beachfront Hale Pau Hana located on Kamaole II beach in South Maui! This boutique complex and rare offering is being offered at an incredible value. Residing on one of South Maui’s finest beaches.
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Sugar Beach Resort #407
Kihei
$435K (FS) |
Welcome to Sugar Beach Resort! Great 1B/1B ocean view condo sold completely furnished and ready to be used as a vacation rental or a second home; your choice! This condo overlooks the pool area and offers great ocean views. The complex has a beach front swimming pool & spa, beach front BBQ area, general convenience store up-front, activities desk and etc.
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Residential Condos
Harbor Lights #A301
Kahului
$62,600 (FS) |
Bank Owned - Ground Floor Condo. Tenant Occupied. Do Not Disturb Tenants. Sold in “AS IS" condition. This condo has 2 bedrooms and 1.5 baths.
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Iliahi at Kehalani #20D
Wailuku
$384.9K (FS) |
Bank Owned - This unit is at the top of the complex AND on the end. This allows so much wonderful natural light to flow in thru the "wall of windows"; and not to mention enjoy the views of Haleakala and Kahului Harbor. Very excellent location to Puu Kukui which is Maui's newest elementary school and the growing Kehalani shopping and retail stores and restaurants.
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Opukea At Lahaina #F107
Lahaina
$486,145 (FS) |
This is a BRAND New Condominium 2 bedroom/ 2 bath In OPUKEA by DR Horton- Schuler Homes. Located in the heart of Lahaina, Maui! Walking distance to shopping, beaches, and dining.
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Vacant Land
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Wailea Golf Estates Phase II
Wailea
Coming Soon |
16 expansive home sites with spectacular ocean, golf course and pond views from 14,000 to 23,000 square feet and custom residences from 2,to 4,700 square feet.
Wailea Golf Estates
Phase II
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