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Although inventory is at a all time high, the number of escrows currently opened on Maui is slowly but surely going up. There are 406 escrows opened as of today, Sat 10/10/09. Given the fact that 16 sales took place in the past few days, it means that 21 escrows alone were opened in the last two days! Just for reference, July to December 2008, on average only two escrows were opened daily, while the total number of escrows opened at all times ranged in the mid 200's. A lot of those escrows were actually developer units that were still under construction, like Honua … (1 comments)
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