maui: The Shops at Wailea Sold to Chicago Firm - 08/28/15 12:31 PM
The march of interesting South Maui real estate purchases goes on this year, with The Shops at Wailea recently selling to Chicago-based investment management firm Heitman Capital Management LLC for no less than $342 million. The price tag is no surprise, given that the shopping center comprises of 161,626 square feet, filled by numerous upscale brands, and is located within the luxurious Wailea Resort.
[Full Story: The Shops at Wailea Sold to Chicago Firm]

maui: New Solar Farm Planned for South Maui - 08/21/15 11:13 AM
An interesting new development is in the works for South Maui, only it isn't residential, it's a solar farm. South Maui Renewable Resources is actually based out of West Maui, but plans to develop on a property near the Maui Research and Technology Park in Kihei.
[Full Story: New Solar Farm Planned for South Maui]

maui: The Visitor Industry and Earning a Living in Hawaii - 08/07/15 02:07 PM
Economic opportunity is a common concern among those considering a real estate purchase on Maui. If you move to a new place, especially one overseas, you want to know you can earn a living there. Hawaii is a challenge that way, it's true, but the visitor industry is thriving and growing steadily, which is something to keep in mind if you are interested in working in some capacity that would be influenced by that industry. Countless Maui businesses deal with visitors, and who knows, maybe you've got your own business idea you'd like to try out?
[Full Story: The Visitor Industry and Earning … (0 comments)

maui: Existing Home Sales Reach Highest Levels since 2007 - 08/05/15 02:42 PM
We're a long way from those recession days of foreclosures, short sales, and real estate steals. The National Association of Realtors (NAR) recently released stats revealing that existing home sales are at their highest level since 2007. Not only that, but the median sales price reached a new record. Those who purchased real estate during the recession are in an excellent position to make money on their investment.
[Full Story: Existing Home Sales Reach Highest Levels since 2007]

maui: Wailea Accommodations Performance Leads the State in May - 07/17/15 11:53 AM
According to a recent report from Hospitality Advisors, Maui hotel rates increased by 10 percent in May, compared to the same month last year. This substantial increase says a great deal about the performance of the visitor industry, which affects numerous aspects of life on the island. It can mean opportunity for those who rent their Maui homes and condos to visitors. For example, if you want a second Maui home but you don't know how often you'll be able to make use of it, you can earn some extra income by enlisting a property management company to rent it out.
[Full … (0 comments)

maui: New Owner Plans Expansion for Shops on the Green in Wailea - 07/10/15 01:35 PM
Among the string of recent South Maui developments is the new owner of Shops on the Green in Wailea, which will soon become Wailea Village Center. The new owner is Burnham USA, a California developer that intends to expand the establishment to 45,000 square feet, which is double its current size.
[Full Story: New Owner Plans Expansion for Shops on the Green in Wailea]

maui: Hawaii Among Top 10 Renewable Energy States - 06/12/15 01:25 PM
If you're considering a move to Maui, evaluating the cost of living is a natural step, especially if you plan to buy real estate. Whether you plan to live in it full time or part time, you've probably thought about what your utility bills would be like, in addition to your mortgage. Some good news has recently come down the pipeline on Hawaii's energy status.
[Full Story: Hawaii Among Top 10 Renewable Energy States]

maui: New Walgreens Planned for South Maui - 06/05/15 05:06 PM
Things are marching right along for South Maui real estate, and some interesting developments are in the works. Namely, a new Walgreens will be built in Kihei, and is expected to be open by 2017. The drugstore stocks a lot of convenient items, but the pharmacy is the most important feature of all, saving many South Maui residents from driving all the way to Kahului to pick up their prescriptions.
[Full Story: New Walgreens Planned for South Maui]

maui: Maui 5th Annual Huliau Youth Environmental Film Festival - 05/22/15 12:09 PM
It's that exciting time of year again for Maui's students as they graduate from high school and begin the next step in the journey of their lives. Some of these talented keiki are part of an extra special event that takes place this time every year: the Huliau Youth Environmental Film Festival. These films are a testament to the creativity, hard work and community support surrounding the efforts of our island's students, which should be inspiring to those of you who are thinking about moving your families here and buying a home on Maui.
[Full Story:  Maui 5th Annual Huliau Youth Environmental Film … (2 comments)

maui: Hawaii Capable of Running on 100 Percent Clean Energy - 04/24/15 03:38 PM
The Environmental Council Annual Report for 2014 has revealed that Hawaii is capable of generating all its electrical power and transportation fuels from renewable energy, which will likely lead to new goals that reflect that potential. Where transportation is concerned, the report emphasized that new policies and procedures are needed if we are going to reduce the use of fossil fuels. From a Maui home owner's perspective, both changes will impact the cost of living on the island, which will hopefully be for the better, as intended.
[Full Story: Hawaii Capable of Running on 100 Percent Clean Energy]

maui: Maui Home Sales Spike in March - 04/17/15 12:24 PM
The Realtors Association of Maui has recently released its monthly real estate statistics report for the county. Looking into the trends revealed in the report is a great way to stay abreast of changes in the market for Maui real estate buyers and sellers alike. In March, home sales spiked, and prices rose.
[Full Story: Maui Home Sales Spike in March]

maui: New Home Sales Highest in Seven Years - 04/03/15 02:19 PM
Based on a recent report from the Census Bureau, new single-family homes have spiked to their highest level in seven years. This is encouraging news, not only for the health of the real estate market, but for the construction industry, which is an important source of jobs here on Maui.

[Full Story: New Home Sales Highest in Seven Years]

maui: Maui to Host Startup Weekend in Kihei - 03/27/15 04:38 PM
The push to establish Kihei as a tech hub continues with Startup Weekend Maui officially scheduled for May 15-17. These developments are worth keeping an eye on, especially when it comes to buying real estate. Tech jobs generate strong revenue, overall, and stimulate the economy, which drives up both rental and real estate prices. These areas quickly become some of the most expensive places to live, but if you make your real estate investment beforehand, your property value is much more likely to increase.
[Full Story: Maui to Host Startup Weekend in Kihei]

maui: Book Trust Fundraiser in Wailea - 03/13/15 05:11 PM
One of the perks to buying South Maui real estate is that interesting events are at your fingertips all year round. For example, the 3rd Annual Book Trust Extravaganza is coming up on March 14th. This year's theme is Casino Royale. All the proceeds from this lively fundraiser will support the Book Trust's wonderful efforts to help our island's keiki (children) develop strong literacy skills, empowering them for a life of learning.
[Full Story: Book Trust Fundraiser in Wailea]

maui: Pending Real Estate Sales Up in January - 03/06/15 12:18 PM
Toward the end of February, the National Association of Realtors (NAR) released data indicating that pending home sales jumped significantly in January. Sales were low, but contract signings were high. In fact, pending home sales were at their highest since August of 2013.
[Full Story: Pending Real Estate Sales Up in January]

maui: Fairmont Kea Lani Completes $70 Million Renovation - 02/27/15 05:11 PM
The Fairmont Kea Lani is poised on a beautiful 22-acre oceanfront Wailea property, its exotic architecture and vivid white coloration like a beacon to the eyes of whoever passes by. The hotel just completed its three-year, $70-million renovation. Now, all of the 413 one-bedroom suites have a new, tropical contemporary design. The 37 two-story villas have been fitted with new furniture, decor, carpet and lighting.
[Full Story: Fairmont Kea Lani Completes $70 Million Renovation]

maui: Median Maui Real Estate Prices Down in January - 02/13/15 02:01 PM
If you've been considering a South Maui real estate purchase, but you're unsure about the timing, you will probably be interested to know that the median price of Maui homes sold in January fell by 17 percent. Of course, this is largely due to fewer luxury homes being sold that month, but there are more details to be aware of.
[Full Story: Median Maui Real Estate Prices Down in January]

maui: Hawaii Job Market and Commercial Real Estate Up - 02/06/15 12:40 PM
Prospective Maui home buyers who are concerned with the economic health of the island should be happy to hear that Hawaii's unemployment rate dropped to 4 percent in December, compared to 4.7 percent in the same month in 2013. The rate is seasonally adjusted, and the information comes from the state Department of Labor & Industrial Relations.
[Full Story: Hawaii Job Market and Commercial Real Estate Up]

maui: New Plan for Rooftop Solar Connections to Grid - 01/30/15 12:12 PM
Hawaii's march toward cheaper, renewable energy sources is struggling with a bit of a bottleneck. No, it's not the cost of rooftop solar installation for customers, it's the number of installations that the grid can integrate. The good news is that Hawaiian Electric Co. (HECO) has recently proposed a new plan to increase the number of systems that can connect to the grid. If you're looking for real estate in South Maui, you may have already noticed that rooftop solar is becoming prevalent. This makes a whole lot of sense, considering that we live in one of the sunniest places on … (0 comments)

maui: Five Diamond Rating Awarded to Four Seasons Resort - 01/23/15 10:34 AM
AAA Hawaii has recently announced the establishments that received their Five Diamond Rating for 2014. Unsurprisingly, two of them were Maui resorts.five diamond rating awarded to four seasons resort
The other winners included two restaurants on Oahu, which were Chef Mavro and La Mer, along with one resort on the Big Island, the Four Seasons Resort Hualalai. The Maui winners were the Ritz-Carlton in Kapalua and the Four Seasons Resort at Wailea, which is located here in South Maui. What does this distinction mean? Every year, AAA reviews over 28,000 hotels, resorts, historic inns and B&Bs. Only 0.4 percent of them make … (0 comments)

Mark Harbison, R, CIPS - GRI (Coldwell Banker Island Properties) Rainmaker large

Mark Harbison


Wailea, HI

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Coldwell Banker Island Properties

Address: 3750 Wailea Alanui Drive, Suite B-35, Wailea, HI, 96753

Office: (808) 874-1942

Mobile: (808) 283-3785

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