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| Issue 348 | November, 10th, 2009 |
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| Aloha ,
In this newsletter:
REO Properties
Short Sales |
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Market Update 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 fit for royalty. Of course, you don't need royal blood, just a couple of million dollars, and this spectacular estate could be yours. Are you planning a trip to Maui sometime soon? If so, we'd love to hear from you so we can prepare to help you find what you are looking for. Have a wonderful week.
Mahalo Nui Loa,
The Smith Team
P.S. Many of you have shied away from Short Sales in the past, and rightly so. Things are improving for this asset class, so don't be afraid to make offers. You might be pleasantly surprised.
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
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Market Watch for November 9th, 2009
| Active | Pending | Sold | Change | |
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| Homes | 908 (370) | 200 (30) | 642 (84) | +9 |
| Condos | 1417 (244) | 155 (9) | 742 (147) | +13 |
| Land | 569 (177) | 38 (11) | 91 (30) | +5 |
| Total | 2894 (791) | 393 (50) | 1475 (261) | +27 |
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1. The numbers in parentheses reflect the number of listings over $1M |
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Short Sale. Brand new 2 story Mediterranean style home in Ka'anapali Golf Estates. The great room, kitchen, dining area, master suite and 1.5 baths are on the upper level to maximize ocean views. |
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Allow yourself to be surrounded by lush tropical flowers, cool breezes, night full of stars, and sunsets that go on forever. This 5.26 acre estate is situated in a highly sought after area. |
 969 Kahealani Street Haiku $296.7K (FS) |
Bank Owned. 2 story home in Haiku, fenced in yard, close to Haiku town.
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Short Sale. This large flag lot offers convenience in Central Kihei. 3 bd. 2 bath new carpet, large 2 car garage. Great property with rental income. Large 2 bd. 1 bath cottage. |
Ho'olei O-6
Wailea $2.2M (FS) |
Positioned directly across from the Four Seasons and Grand Wailea Hotel Resort and Spa, Ho'olei truly represents the best Wailea has to offer! |
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Bank owned. 2 bd 2 bath in the heart of Lahaina town, upstairs unit, granite kitchen counter tops, slate tile in the bathrooms, all appliances, very nicely done. |
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 Kihei Akahi D-210 Kihei $299.9K (FS) |
Bank Owned. Across the street from Kamaole beach. Enjoy wonderful ocean views and sunsets from your covered lanai.
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 Maui Ka'anapali Villas A-402 Ka'anapali $329K (FS) |
This is a large one bd. on the south side of the Aloha Tower.
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 Sands of Kahana #134 Kahana $375K (LH) |
Bank Owned. Spacious 2 bd. 2 bath luxury condo with wonderful ocean views. Hotel like amenities.
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Lahaina Shores Beach Resort is the most beautiful oceanfront property in charming, historic Lahaina Town.
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 Walaka Apartments #6 Kihei $108.4K (FS) |
Bank Owned. A great South Maui buy. One of only 10 units in this complex which is only a short walk from Charley Young Beach and Cove Park. |
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 Maui Lani Terraces E-104 Honokowai $153.4K (FS) |
Bank Owned. Conveniently located within walking distance to shops, grocery stores, restaurants, beaches and community parks. |
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Bank Owned. Great value for this 2 bed. 1.5 bath ground floor unit at Maui Gardens. Pets allowed. Phenomenal Value. |
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 Hokulani Golf Villas #134 Kihei $979K (FS) |
New golf course villa with huge panoramic views. Single story, $25K in upgrades, and eco-friendly construction. |
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