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| Issue 354 | December, 15th, 2009 |
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| Aloha ,
In this newsletter:
REO Properties
Short Sales |
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Market Update
Why buy Maui Real Estate? We think the answer is actually pretty simple really. It all has to do with lifestyle.
The list could go on and on. Most of you probably have other reasons why you either live here or would like to live here. Of course, living here does not mean that you have to own real estate here. You can choose to rent, and for many people that may be their best option. In the long run, however, it is best to be in control of your own destiny, and build your equity rather than your landlord's. Besides, Maui is on sale with prices down any where's from 30 to 50% or more. So if you are ready to live the Maui lifestyle, drop us an e-mail, or call us. We are ready to help you fulfill your dreams. Have a wonderful week!
Mahalo Nui Loa,
The Smith Team
P.S. Bank has approved a sales price well below asking on this Short Sale at One Palau'ea Bay. This will be the largest shortfall any bank has taken so far on Maui....over $3 Million loss.
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, 14th, 2009
| Active | Pending | Sold | Change | |
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| Homes | 882 (376) | 226 (24) | 649 (94) | -4 |
| Condos | 1370 (248) | 205 (9) | 786 (150) | -6 |
| Land | 552 (177) | 44 (9) | 102 (29) | -7 |
| Total | 2804 (791) | 475 (42) | 1537 (273) | -17 |
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1. The numbers in parentheses reflect the number of listings over $1M |
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Exquisite executive home in exclusive private gated community. Elegantly designed Italian travertine entryway, with a lovely Honu (sea turtle) inlay. Gracious open floor plan with soaring ceilings throughout. |
 297 Haulani Street Pukalani $265K (FS) |
Bank Owned. Two story home with mountain and ocean views. Large fenced lot, lots of deck space for entertaining.
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 361 Kamalei Circle Kahului $474.8K (FS) |
Bank Owned. 3 bd. 2 bath home in Maui Lani.
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2 all usable acres with 3 structures! One acre is totally fenced, ready for farming or animals. |
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 130 Heaaula Place Haiku $895K (FS) |
Flexible floor plan. 5,256 sq. ft. home in Windward Estates. Huge 7 bd. 7 bath home with 4 car garage and 4 car carport on two tropical landscaped acres.
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Wailea Beach Villas
Wailea
$3.595M (FS) |
Oceanfront Luxury! This fully furnished 4th floor 2 bd. and 2 bath Penthouse unit offers unobstructed ocean and outer island views. Dramatic oversized doors open to a spacious lanai. |
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Bank Owned. 1 bd. 1 bath unit in Napili Ridge, low density complex with in ground pool. |
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Bank Owned. 1 bd. 1 bath gound floor condo. |
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Bank Owned. Across the street from Kamaole Beach Park. Wonderful ocean and sunset views from the cover lanai. |
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Bank Owned. Kamaole Sands is one of the most popular condominium resorts on Maui. Spacious and comfortable. Very nice clean unit located near famous Kamaole III Beach Park and close to shopping and dining. |
 Iao Parkside 8-103 Wailuku $182.9K (FS) |
Bank Owned. Terrific opportunity on this ground floor 2 bd. 2 bath unit. Includes a fenced in patio and yard area. |
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 Gardens Upcountry #8 Pukalani $475K (FS) |
Short Sale. Spectacular panoramic bicoastal ocean and West Maui mountain views. Best location and floor plan in The Gardens Upcountry. Rare 3 bd. 2 bath upstairs townhome. |
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 Masters #1603 Ka'anapali $590K (FS) |
Hot Bank Owned Deal. Can't believe this one is still available. 2 bd. 2 bath ocean view condo. |
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This email was sent to |
The Smith Team - http://mauisales.com |