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| Issue 405 | December 7th, 2010 |
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| Aloha ,
In this newsletter:
REO Properties
Short Sales |
Plantation Estates Short Sale
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We were tempted to write about how the extension of the Bush Tax Cuts might have a positive impact on real estate; however, there still appears to be a lot of uncertainty in this regard. What one thing has a stronger and more immediate impact on our local economy than anything else? Tourism, of course. So it was very welcome news to see that Maui has led the rest of the state out of the occupancy slough this year. Read more. Furthermore, anecdotal news we are receiving from a number of vacation rental managers indicate that things are definitely looking up for the next 5 months. If you are planning to come to Maui soon, and haven't made your reservations, we would suggest doing so soon. Although we don't do any property management ourselves; we will be quite happy to assist you in finding a terrific deal. Simply send us your travel dates, number of people travelling, preferred budget and type of accommodations, and we will do our best to assist you. Have a wonderful week. Mahalo Nui Loa, The Smith Team P.S. It promises to be a great season for Whale Watching, a most popular pastime for locals as well as our Winter visitors. Read more.
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
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Market Watch for December 6th, 2010
| Active | Pending | Sold | Change | |
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| Homes | 846 (323) | 214 (27) | 827 (99) | +18 |
| Condos | 1243 (222) | 233 (10) | 1142 (167) | +32 |
| Land | 584 (144) | 27 (7) | 122 (13) | -1 |
| Total | 2673 (689) | 474 (44) | 2191 (279) | +49 |
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1. The numbers in parentheses reflect the number of listings over $1M |
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Forever unobstructed ocean & outer island views from Molokai & Lanai to
Kaho'olawe along with majestic mountain & West Maui Valley views. 1.7 ccres
of privacy & location characterize this lovely
Launiupoko 1709 sq. ft., 3 bd. / 2 bath residence, office & detached 869 sq. ft. agricultural structure.
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 10 Laha Place Makawao $323.9K (FS) |
Bank Owned. A large lot with newer cottage in Makawao. Live in the cottage while you build the main house. Clean and ready to move in. |
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 55 Keala Place Kihei $399K (FS) |
Right across from Kalama Beach Park. Grocery store, shops, restaurants and the beach right there for you to enjoy. This home and cottage remodeled in 2005 plus studio has had extensive interior remodeling. |
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This turn-key two-story cottage located in Lower Kula is in very good shape, it has 2 bedrooms and 2 bathrooms, and a living area of 720 square feet. Creative usage of decks affords many opportunities to enjoy the panoramic ocean view while taking in the cool trade winds. This is a very unique property with two lots separated by a deep dry gulch that adds privacy between the vacant lot and cottage. Each lot has great unobstructed bi-coastal (180 degree) ocean views and mountain views of Haleakala. |
Mana Kai #815
Kihei
$1.05M (FS) |
Spectacular ocean views from this 8th floor unit at the newly renovated Mana
Kai. Breathtaking and sweeping ocean views looking South to Makena and Molokini.
This two bedroom unit has a lock off feature or Suite A and Suite B and was
remodeled in 2000 with top of the line appliances, cabinets, granite counter
tops and tile floors. |
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Bank Owned. Completely remodeled 2 bedroom 2 bath vacation rentable condo unit of 1100 sq. ft. in Kahana across from the ocean. Construction is of concrete block and upgrades include granite counter tops, new stainless appliances, recessed lighting, tile and bamboo flooring, and fans. A private fenced lanai extends the living area of this 2- level unit.
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Bank Owned. This beachfront complex includes lovely gardens, swimming pool and bbq areas. Tastefully remodeled one bedroom/one bath condo with 700 square feet of living space. Open floor plan, Granite countertops, updated cabinetry in kitchen, and tile floors in living area. Kahana Sunset and is set on a secluded white sand beach overlooking Keonenui Bay.
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Rare oceanfront fee simple one bedroom offered for sale. Gorgeous views, 3rd floor, corner end unit with large living-room window, and located in the quiet end of Papakea.
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The finest 1-bedroom beachfront property on the Lower Honoapiilani Road is now available for purchase! This 1-bedroom, 1-bathroom 2nd floor property offers 518 square feet of living area. The property was renovated in 2010 with the highest quality craftsmanship and materials.
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 Kihei Shores A-201 Kihei $119.9K (FS) |
Bank Owned. This is a 1 bedroom / 1 bath end unit in great condition at Kihei Shores. This complex is located right across the street from Kamaole Beach Park III.
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Ground Floor unit. This is a 2 bedroom 1 bath unit meant for handicap access. Pool, Jacuzzi, and BBQ on grounds. Across the street from beautiful sandy beach and close to shops and parks. 2 assigned parking stalls 184/211.
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