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Aloha ,
Market Update
Our thoughts and prayers go out to the people and families affected by the bombing in Boston yesterday. Life is precious.
In real estate related news, beware of Craigslist scams for home and apartment rentals. I recently previewed a bank owned listing for a client and coincidentally a woman pulled up to the house while I was there thinking that it was for rent.
She told me that she saw the house on Craigslist for rent and that the owner was out-of-town. When I told her that the property was a bank owned listing and that it was not for rent, she commented that she was happy that she did not send any money. It was a rental scam!
I called the listing agent right away to let her know that the house was being advertised on Craigslist for rent. Check out this article from KITV News about the Honolulu Police Department warning renters about Craigslist scams.
Lt. John McCarthy from HPD says that he receives 2 to 3 calls a week about rental scams. His advice to renters is to beware of prices that seem too good to be true.
Also, scammers will usually try to steal money from potential renters by asking for a deposit and last month's rent via Western Union or MoneyGram.
My recommendation is to make sure that you deal with people locally and that you are able to preview the interior before renting the house. You could also Google people to see if they are legitimate. One way to find out the actual owner is to go to www.mauipropertytax.com and type in the location address.
Have a wonderful week.
Mahalo Nui Loa,
Greg, Melissa, Ken, and Jeremy
P.S. - Recently, Ken has started a BLOG titled “A Day in the Life”. In the BLOG, he relates his personal experiences to give readers a taste of Maui life. Want to know where the best beaches are or who to go see when your back is hurting? That and much more is chronicled in his BLOG. Check it out.
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
Market Watch for April 15th , 2013
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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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505 (286)
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246 (35)
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926 (124)
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-12
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Condos
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735 (187)
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320 (25)
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1230 (106)
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-15 |
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Land
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382 (104)
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42 (7)
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179 (20)
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+5
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Total
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1622 (577)
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608 (67)
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2335 (250)
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-22
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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
23 Maud's Place
Kula
$1.899M (FS)
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Known as the "Koa Wood Home" in Kula for the small fortune in extensive custom koa woodwork throughout the home. Not to mention other exotic Hawaiian woods used in the doors, cabinetry and wood accents. Must see to appreciate. This incredible home sits on 2.4 pristine acres with stunning ocean views in an area and altitude considered the best climate on earth. Just completed a 1700+ square foot brand new retail building right off the Highway. Perfect for an art gallery or any small business.
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13214 Kula Highway
Kula
$2.288M (FS)
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Rare find. Vast ocean view with 3 islands can be seen from every room of this Casual Executive Hawaiian Island home. Land sits on the edge of the Ulupalakua Ranch, and includes 4.25 acres of Gentleman's Farm where you'll find the best weather on Maui, no A/C needed. Designed for indoor/outdoor living. Owner says: our house is the quietest site I have ever lived or backpacked. Sunsets are amazing.
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Homes Under $1M
303 Alanai Place
Wailuku
$249K (FS)
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Bank Owned. Hollow tile house in Happy Valley. Priced to sell.
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978 Kahealani Street
Haiku
$250K (FS)
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Short Sale. Fenced 2 bedroom 1 bath 720 sq. ft. home in Rice Camp. Good starter home in need of a little TLC.
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363 Nihoa Street
Kahului
$399K (FS)
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Ocean views. Completely remodeled home with hardwood floors, granite, marble, carpet, new paint interior & exterior, stucco, new toilets, sinks, cabinets, etc - list goes on... Large lot allows for ohana to be built as well. Great location close to schools, parks, hospital, Kaahumanu Shopping Center, Maui Community College, Maui Art's & Cultural Center, & Kahului Harbor.
New landscaping & irrigation currently being installed. Great neighborhood with a lot of improved homes.
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31 Hale Lio Place
Haiku
$425K (FS)
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Short Sale. Country home located on Cul de sac location in beautiful Haiku. Spacious 4B/2B home, large lot with deck, spa and room to expand. Walk to Haiku town, close to businesses, Hookipa beaches, Airport & more.
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68 Maka Hou Loop
Wailuku
$569K (FS)
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Enjoy unobstructed Ocean Views from this fabulous home that shows pride of ownership. This lovely home has many value added touches from granite and marble countertops, cherry cabinets and more! Nestled in a neighborhood that is within a short distance to schools, shopping center, golf courses and nostalgic Wailuku town business district.
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19 Aea Place
Kahana
$629K (FS)
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Wonderful family home in the quiet part of Mahinahina. Surrounded by owner occupant homes at the end of a cul-de-sac. Some ocean views and potential for more if you trim the trees on the property.
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Vacation Condos Over $1M
Ho'olei M-2
Wailea
$2.95M (FS)
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Exquisitely appointed 3 bedroom, 3.5 bath residence with expansive ocean views in an outstanding, private location. Comprehensively furnished and tastefully decorated, this residence is stunning. Owners and guests benefit from the finest amenities, including full concierge services, poolside massage, shuttle service between residences and the Grand Wailea Resort Hotel & Spa/ Wailea Beach, lush tropical pools, dramatic 19' waterfall, children's pool with sandy beach entry, outdoor barbeque areas, state-of-the-art fitness facility, men's and women's saunas, and much more.
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Vacation Condos Under $1M
Island Surf #312
Kihei
$285K (FS)
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Short Sale. 2 bedroom 2 bath vacation rental is perfectly situated walking distance to beaches, surfing, stand up paddling and dining. Great location with winter sunsets and the cove surf spot. Location is on the quiet side of building. Only 1.5 miles from Wailea. Upgraded with large custom tile, Pergo and granite countertops. Custom closet organizers in both bedrooms and 2 oversized storage closets large enough for bikes & beach toys. Master bedroom can be "locked off" for 2 separate rental units.
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Lahaina Roads #202
Lahaina
$399K (FS)
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Second floor view of the breaching whales and incredible sunsets. Beautiful heated pool with BBQ area alongside and plenty of space for entertaining. Covered parking under the building. Located minutes from shops, fine dining and surf spots.
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Sugar Beach Resort #228
Kihei
$429.9K (FS)
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This is a direct beachfront 1 bedroom / 1 bath unit with excellent ocean views. Unit has been nicely upgraded with a spacious master bedroom, fully equipped kitchen with newer appliances, and repainted throughout. Furnishings are included. Sugar Beach Resort is located on a long stretch of white sandy beach. The buildings have undergone extensive upgrading in the last 4 years.
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The Suite at Wailea 6-2
Wailea
$655K (FS)
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The Suites at Wailea, interiors beautifully designed and furnished by well known Philpotts and Associates, is sure to impress. The Suites at Wailea are located on nearly 15 acres of dramatic ocean view property. All 72 spacious one bedroom condominiums enjoy privacy, onsite First-Class Resort Services and Amenities from “Club 72” featuring The Spa and The Beach Club, as well as dining and room service from award winning Capische Restaurant. This is a very private low-density luxury community offering a lifestyle unlike any other in Wailea.
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Residential Condos
Lanai City Apartments C-203
Lanai
$82K (FS)
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Developer Deal. Unique opportunity to buy on the wonderful island of Lana'i. This new developer offering includes 24 fee simple condominium units, nestled in the quiet community of Lana'i City and offers affordable Studio and 1 Bedroom units, ranging in interior size from 405sf to 547sf. The exterior of the buildings will be newly painted and each unit comes with 1 assigned parking spot.
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Ho'olea Terrace #1905
Wailuku
$272K (FS)
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New Developer Offering in upper row with wide ocean views from master bedroom and living room and West Maui Mountain views from second bedroom. Limited time offer of 3% credit towards closing costs! 2 deeded parking spaces. Low HOA dues! Photos are of model unit.
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Villas at Kenolio 7B
Kihei
$360K (FS)
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Rare offering 3BR 2B ground floor in well maintained residential complex. Private lanai overlooking grassy area, yet only steps to large swimming pool, Jacuzzi, workout room, BBQ area and children's playground.
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Vacant Land
274 Alalani Street
Pukalani
$260K (FS)
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Excellent ocean views. Property is located in close proximity to medical facilities, schools, shopping areas, parks, pool facilities, community centers, and place of worships.
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