One-of-a-Kind Ocean View Unit (D-212) at the Kihei Bay Vista Pictures just do not capture the full effect of the views from this picturesque one bedroom unit (MLS# 350827). If an ocean view is at the top of your list, then this unit is a must see. It has ocean views from every room! Kihei Bay [...]
Standout Statistics For Homes Distressed sales, including short sales and REOs (bank-owned foreclosures), now comprise 44% of the home market; even more than I thought! Median home price is down to $445K. Inventory levels continue to decline. This metric indicates an improving market according to the laws of supply and demand. There is currently a 10 [...]
For a lot of buyers, it makes no sense to buy a Maui condo without an ocean view. It makes equal sense, for those with large visiting family or with plans to retire on Maui later, to buy a 2-bedroom unit rather than a less practical 1-bedroom.
This property features two homes that are currently configured as four rentals on a 10,000+ square foot flag lot in Kihei (MLS# 350214), close to beaches and all South Kihei conveniences. It is listed at $439,000. It is currently rented and has been consistently rented for the past six years with two very long-term tenants, [...]
The whales are here—at least that’s what my friends at the Pacific Whale Foundation tell me, although I’ve yet to see my first “poof.” In the next few weeks, these spectacular creatures will be leaping all over the place, putting on a show for the Kihei shoreline.
New Kihei condo listings for the week included a short sale in upscale Maui Meadows at just under $1M and an entry level Kihei condo near Kamaole I Beach at $150,000. There were also two new listings at Kamaole Sands and a spectacular ocean view 2-bedroom at Menehune Shores. Kevin Spaise is the author of [...]
Is Maui Meadows becoming the hipper Wailea…or maybe people are tired of the association and fees? Whatever the reason, sales of million dollar plus homes have increased dramatically. First, consider what is currently in escrow. There are 3 listings in escrow priced at $1,495,000, $2,588,000, and $2,688,000. Not bad for being located in an “eclectic” [...]
Here’s a quick look at some of the newest Kihei homes on the market that are bank owned:
The big news in this week’s Kihei foreclosures and short sale listings is a rare high-end home in Maui Meadows, the upscale hillside enclave that overlooks Wailea and southernmost Kihei. It’s a 4-bedroom, 3-bathroom home (MLS# 350107) on a large lot with mature landscaping and ocean views, finished with elegant wood accents. It’s listed at [...]
So far in 2011, there have been 235 bank owned homes sales on Maui and surprisingly 6 of these have been sales over $1M! It doesn’t matter whether it’s a screaming deal or your dream home, the challenge with REO property in Hawaii is that the best ones sell fast. Really fast. In fact, for [...]
With its most recent price reduction and the last four previous sales between $350,000 and $389,000, this listing at Hale Kamaole (MLS# 346710) for $313,500 stands out as the best value in vacation rental condos in Kihei this week. It’s not a short sale or REO—the owner is just motivated to sell. Hale Kamaole is [...]
Six Kihei foreclosure condos went into escrow this week. Two were leasehold at the Maalaea Yacht Marina; two were Southpointe 2-bedroom condos, one a South Kihei vacation rental at the Kamaole Beach Royal, and a rare Wailea foreclosure. Kevin Spaise, a Maui condo expert and the author of The Maui Condo Book, provides a video [...]
Five distressed properties went on the market in Kihei this week—a 1,556 square ft., 3-bedroom, 2-bathroom home (MLS# 350012) and four condos on the lower end of the pricing spectrum. Kevin Spaise, author of The Maui Condo Book and a South Kihei expert, provides a video report below.
I saw some great condos for sale in South Kihei at Pacific Shores on tour today. Active Listings 1. A foreclosed/bank owned property (MLS# 349726) offered at $183,750. It’s a totally remodeled 2-bed/2-bath condo that can be used as a short term rental and comes with 2 parking stalls. Contract terms apply, as it is [...]
Of the six foreclosure and short sale listings in Kihei last week, four of them were at the entry-level properties Southpointe and Kihei Villages. Twenty condos in the $130,000 range have closed at these two properties in the last six months, most of them bank deals. These are the lowest priced 2-bedroom condo properties in [...]
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