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Aloha ,
Market Update
Governor Neil Abercrombie has declared the month of June as Home Ownership Month in Hawaii.
In addition, he recently signed a bill to make home ownership more accessible to Hawaii households by updating the Hula Mae Single Family Mortgage Loan Program.
The Hula Mae Program offers eligible “first-time” home buyers with 30-year mortgage loans at very competitive interest rates.
He has allowed broader program participation. Program features will also include assistance with down payment and closing costs. This is effective on July 1st. For more information, visit Hawaii Housing Finance & Development Corporation.
Since 1979, the Hawaii Housing Finance & Development Corp. has issued bonds totaling $1.8 billion through June 2012. This has helped more than 10,000 Hawaii families help buy their first homes.
Have a wonderful week.
Mahalo Nui Loa,
The Smith Team
P.S. - Thank you to everyone that came out to celebrate Ken’s 70th birthday party this past Sunday! He said that it was his best birthday party ever and can’t wait to do it again when he turns 80. Popular Hawaiian singer, Marty Dread gave us a good concert.
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
Market Watch for June 24th , 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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464 (259)
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262 (38)
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970 (134)
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+9
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Condos
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640 (167)
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286 (17)
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1260 (126)
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+8 |
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Land
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361 (101)
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50 (4)
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191 (28)
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+2
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Total
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1465 (527)
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598 (59)
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2421 (288)
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+19
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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
450 N Holokai Place
Haiku
$1.89M (FS)
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Maui's North Shore rocks and this perfect home rocks even more. Rarely do I get a home for sale that I can't find a flaw on. These owners have taken a beautiful lot, planned and built their dream home and lived in it for the past 12 years. Built to bring the outside to the inside, you have perfect cross ventilation bringing the soothing trade winds in all year around.
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2827 Kolepa Place
Ka'anapali
$1.95M (FS)
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Ultimate offering in Royal Kaanapali Estates, an enclave of 16 lots nestled between the 11th and 14th fairways of the Royal Kaanapali Course (North Course). This gated residential property is situated on a gracious sized lot (just under 20,000 sq. ft.) offering exclusive privacy and panoramic oceanviews. This 2-story home of over 4,000 sq. ft. includes 3 bedroom suites and features a fabulous in-home theatre.
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6699 Makena Road
Makena
$3.995M (FS)
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Custom Plantation Style, Eco-Friendly Makena Estate. This beautifully handcrafted home is situated in a private gated community directly across from world famous Oneloa (big beach) Makena. Truly a fantastic family oriented paradise, completed in 2005. There are luxurious features throughout this custom built 4 bedroom, 3.5 bath home, including a detached office, spacious 2 car garage, multiple pantries, walk in closets, storage, bonus rooms and large custom saline pool/spa and outdoor kitchen, BBQ area. Virtual Tour.
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Homes Under $1M
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201 Poniu Circle
Wailuku
$375K (FS)
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Bank Owned. 3 bedroom 2 bath home in Kaimana at Kehalani.
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108 Honuhulu Place
Kihei
$379.9K (FS)
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Bank Owned. Cute as a button, this 500 sq. ft. 2 bedroom and 1 bathroom cottage is perfect for any start up home occupants. Located in the newer Honu Alahele Subdivision on the back side of a lot with plenty of room grow. Live in the cottage while you build your perfect home.
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137 Piimauna Street
Pukalani
$500K (FS)
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Short Sale. Spectacular ocean views from this 2 story Kua'aina Ridge home in immaculate condition.
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32 Kamakoi Place
Kihei
$677K (FS)
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Beautiful Keonekai Heights 3Br/2Ba Upstairs and 1Br/1Ba Downstairs Home with separate entry. Has a 2 Car Garage w/ separate private Washer/Dryer Room. Views on deck of ocean and majestic mountain side of Ulupalakua.
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8195 Kula Highway
Kula
$799K (FS)
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This charming residence has spectacular, unobstructed views and is perfect for a couple or for a small family. The home has two bedrooms, two baths and a large family room. Situated on 2.57 green acres, it provides a feeling of vast spaciousness and appreciation of the natural beauty of Maui that surrounds it.
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3525 Akala Drive
Kihei
$975K (FS)
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This lovely Maui Meadows property has 3 separate units. It is located on the quiet south end of Akala on the Mauka side of the street. The property has great landscaping with many mature fruit and flower trees. The upper unit in the main house has stunning ocean / Molokini / mountain views, with a huge great room, dining area and a big open kitchen.
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Vacation Condos Over $1M
Ka'anapali Alii 1-1103
Ka'anapali
$2.995M (FS)
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This is the very popular two bedroom two bath plus den unit. The only unit that can be utilized as a three bedroom or separate entertainment area. Apartment has been renovated with the highest of quality throughout. Top floor location assures the greatest quietness with no one above while offering sweeping views of the ocean, beach and the mountainside.
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Vacation Condos Under $1M
Pacific Shores A-210
Kihei
$299K (FS)
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Welcome home to your 2 bd. 2bath condo located across the street from Charlie Young and Kamaole Beach I in sunny Kihei. This desirable end unit (only 1 neighbor) is located back away from S. Kihei rd., on the cool north side of the building.
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Kauhale Makai #409
Kihei
$395K (FS)
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Desirable 2B/2B 1st floor vacation rental unit in tropical Kamaole Sands. Private garden setting off of your lanai. Beautiful, newly purchased Master Bedroom furniture set. Virtual Tour.
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Kamaole Sands 8-105
Kihei
$489.9K (FS)
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Desirable 2B/2B 1st floor vacation rental unit in tropical Kamaole Sands. Private garden setting off of your lanai. Beautiful, newly purchased Master Bedroom furniture set.
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Residential Condos
Maui Lani Terrace A-208
Honokowai
$105K (FS)
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Don't miss what may be West Maui's best studio value- Maui Lani Terraces A-208.
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Kihei Shores A-006
Kihei
$129.9K (FS)
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Bank Owned. Kihei Shores is located in the coveted South Maui area across the street from beaches, and near shopping, commerce and fine dining. These units are in high demand.
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Napili Villas #6
Napili
$369K (FS)
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This condo has 2 spacious bedrooms, 2 bathrooms and is a top floor unit. It is directly across from the community park, has views of the ocean, two assigned parking spots and pets are allowed.
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Vacant Land
105 Mauds Place
Kula
$599K (FS)
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Directly off of Kula Highway, just south of Rice Park you'll find the quaint Maud Milne Subdivision. Follow the private road as it winds upward to find nestled atop this sweet little subdivision a rare offering of vacant land accompanied with a water meter. The perfect location and lot to build your dream house. Privacy afforded by gulch and ranch on north and east sides of property.
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