Distressed and bank owned properties take center stage in Maui - 09/19/09 10:11 PM
Distressed and bank owned properties take center stage in MauiThere are some bargains, but you need to know what you're getting into
Na Hale O Maui is a community land trust here that carefully tracks distressed properties in Maui.  Part of their mission is to acquire foreclosures and convert them to affordable housing.  As I understand it, their charter allows them to buy properties once they are foreclosed, but not before, as in a short sale.
According to John Anderson, executive director, there were 483 foreclosures pending on September 1.  That number has been increasing at a rapid clip since April … (0 comments)

Maui Real Estate Advisor August 2009 - Home Sales Report - 09/17/09 03:00 PM
Homes sales dialed back a bit over the summerFirst time buyer credit a bust for single family home sales on Maui
While summer temps heated up on Maui, home sales cooled, dropping back below 60 units per month for both July and August.  The 52 units sold in August is about the average for the year so far.  If the $8,000 first time buyer credit is helping, we aren't seeing evidence of it in the single family home segment.
That may be because the price of a home on Maui is still out of reach for the majority of first time … (0 comments)

Kaanapali Shores 719 Maui video tour - 09/16/09 02:00 AM
Short sale - scoop up this amazing opportunity at one of the best properties, Kaanapali Shores, on Maui.  Have you dreamt of sitting on your own lanai listening to the birds and the waves while watching a glorious Maui sunset?  Have you been kicking yourself because you missed the great buying opportunities of days gone by?  Well they're back, but they can't last long.  Kaanapali Shores has one of the best rental programs on Maui and unit 719 is in a prime location. This is a short sale, so all offers must be approved by the lender to be valid.
Take … (0 comments)

Maui Real Estate Advisor August 2009 - Condos - 09/15/09 10:53 PM
Maui Real Estate AdvisorMarket Overview August
Aug          Sales      Sales Prior Month      % Change       Sales Prior Year        % ChangeHomes      52          57                           -9%               66                           -21%Condos     62          69                           -10%              51                            22%Land         3           12                            -75%              6                            -50%
Aug          Median Price      Median Prior Month      % Change      Median Prior Year      % ChangeHomes    500,000          532,000                     -6%             645,000                  -22%Condos   340,000          350,000                     -3%             625,000                  -46%Land       999,990           322,500                    210%           422,505                   137%
 Aug         Current Inventory      Inventory Last Month      % change       Months of available inventoryHomes           980                         1,012                       -3%                         17.19 Condos       1,496                          1,518                      -1%                         21.68
 
Prices … (1 comments)

Bottom reached in Maui? - 09/05/09 02:27 PM
According to D. Leroy Laney of the Hawaii Pacific University we have officially reached the bottom.  Thank goodness, I think.  Does that mean that buying opportunities have passed, is it a better market for sellers, is employment  rebounding NOW.  See what professor has to say in the Maui News at http://mauinews.com/page/content.detail/id/523201.html.
Get Maui real estate news at www.AlohaPotts.com.
… (0 comments)

Kaanapali Shores 719 Maui condo for sale - 09/03/09 02:12 PM
Kaanapali Shores 719 is just about the perfect location for those spectacular Maui sunsets.  This is a new condo for sale at Kaanapali Shores. 

And Kaanapali Shores 719 isn't just a condo, it is spacious suite with a commanding view of Kaanapali Shores' grounds, the ocean and the island of lanai.

Your suite is has a generous 806 square feet of living area.  Both the living room and the bedroom have windows that open to the ocean.  So at night you can lie in bed and have the waves lull you to sleep.  Then the songs on Kaanapali Shores' … (0 comments)

 

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