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Issue 576 March 12th, 2014

Aloha ,

In this newsletter:
 

REO
All Properties
New  Properties (0)

Price Reductions

Short Sales
Homes
Condos
Land
New Properties
Price Reduction


Bi-Coastal View Estate
120 Mauna Place
120 Mauna Place
Kula
$1.95M
Customer Listing Synopsis

Market Update

According to the Maui News, 1 in 7 adults smoke in Hawaii.  Although lawmakers killed proposals raising the legal age for buying tobacco to 21; they are clamping down on smoking at beaches statewide. Read more
 
Smoking bans took effect on January 1st, making it illegal to have a cigarette at all Honolulu beaches, parks, pools, and athletic facilities -- including tennis courts. Read more
 
Lawmakers are currently advancing bills to restrict smoking and make it more expensive.
 
House Bill 2577 that confines smoking in public housing to designated areas at least 25 feet from the building has already been passed by the House.  This bill was created to prevent people and children from inhaling 2nd hand smoke.
 
The Senate passed SB2222 that prohibits the sale of flavored tobacco products, including menthol.  Senate Bill 2495 would regulate and tax electronic smoking devices much the same as tobacco.  It would also restrict the use of those devices in the workplace and in public.
 
Have a wonderful week.

Mahalo Nui Loa,

Ken for The Smith Team

Ken, Melissa, Greg, and Jeremy

P.S. - Two of the Grand Wailea Resort restaurants - Humuhumunukunukuapua’a and Bistro Molokini are offering special “Wine & Dine” menus this month.  These 3 course meals come paired with wine.  The special pairing dinner is offered at $70 per person or $39 without wine.

Call 808-875-1234.

P.S.S. - We apologize for the delay in sending out the Newsletter this week and for the fact that we have not featured any hot buys.  One of our of our Team members was sick yesterday, and rather than skip a week, we decided to send out this abbreviated version of our Newsletter.

Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)

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Market Watch for March 12th, 2014

 
Active
Pending
Sold
Change
Homes
575 (292)
209 (32)
977 (179)
-17
Condos
759 (180)
250 (24)
1369 (187)
+23
Land
372 (127)
49 (7)
223 (28)
-7
Total
1686 (599)
508 (63)
2569 (394)
-1
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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Coldwell Banker Island Properties
#B-35 3750 Wailea Alanui Drive
Wailea, Hawaii 96753
US

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