Before the 1970's most visitors that came to the Hawaiian Islands came to Waikiki on Oahu.
The Maui Lu was the only resort on Maui's south shore, this resort was built by a Canadian logger Gordon Gibson and named after a yacht he sailed across the Pacific, it housed the snowbirds that would hide out in Maui for the winter.
In the 70's "Maui was found"
- Amfac developed Kaanapali and Maui started gaining in popularity.
- condos were developed on the shores of Kihei. Hale Kamaole, Haleakala Shores, Kamaole Beach Royale, Kamaole Nalu, Kihei Akahi, Kihei Alii Kai, Kihei Surfside, Kihei Parkshore, Mana Kai, Punahoa Beach, Royal Mauian, Shores of Maui, Island Surf, Maui Sunset, Waiohuli Beach Hale, Waipuilani and Kihei Beach Resort and many others.
- Wailea Ekahi and Wailea Elua were built on the ocean in Wailea.
- The Intercontinental Hotel and the Maui Beach Hotel were built in Wailea.
Previously, Kihei had been considered "out of the way and off the beaten path" With pavement only to Keawakapu beach there was mostly cactus and Kiawe throughout Wailea and Makena area. Upcountry and the north shore including Kula, Pukalani, Makawao, and Haiku were all very rural farming communities.
In the late 1980's the Japanese buyers came to Maui with their strong Yen. They bought up Maui real estate like it was going out of style until the mid 90's when their economy began to falter.
In the mid 1990"s Wailea's master planned community sprouted three new luxury resorts. The Grand Hyatt Resort (Now the Grand Wailea), the Four Seasons Resort, and the Kealani Hotel (now the Fairmont Kealani) With all the luxury accommodations and golf courses and fantastic beaches, Wailea had become "the crown jewel" of Maui.
In west Maui Kapalua's planned community development was reaching maturity with beautiful Villas, Homes and two luxury hotels, the Ritz Carlton and the Kapalua Bay Hotel.
From the late 1990's till 2006 the Maui real estate was booming, many of the buyers came from the mainland and much of the money came from the stock market and Internet companies.
Recently, Maui's real estate market has cooled down, with far more opportunities for buyers than the last few years. With all that our lovely island has to offer, it will always be sought after by mainland and foreign buyers alike.
For more Maui real estate information contact Karen Williamson R(s)
A beautiful Maui sunset
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