As expected, the county council of Maui County has given initial approval to lower the homeowner’s exemption from $300,000 to $200,000, and to tighten the regulations for those applying for this exemption. Read the full Maui News article here. The stimulus behind this bill is that property values in Maui County have dropped so significantly in the past [...]
Will Act 48, the Hawaii Foreclosure Law, ruin the Hawaii real estate market? This is my 32nd year in Hawaii Real Estate and each year is very different. We certainly have a dynamic business. Waking up unemployed every day does have its benefits though, you learn to adjust very quickly, or you don’t eat. I like [...]
Maui County Property Taxes Considering that Maui is one of the most beautiful places in the world to live and arguably the most desirable island in all of Hawaii, it is pretty awesome that our residential homeowner taxes are the lowest in all of Hawaii. When discussing Maui property taxes, it is important to differentiate properties that [...]
With all of the negative news in the market that is quite prevalent in national publications, and a little too often found in the Maui news, I found the following article to be very accurate about where we currently stand in the market and am optimistic that we will see this trend of recovery continue. [...]
The Hawaii Legislature just passed Act 48, which was signed by Governor Abercrombie on May 8, 2011, thus becoming law. The intent was to try to give owner occupants of Hawaii properties an opportunity to sit down with the lender in a non-judicial foreclosure to attempt to negotiate the terms of the loan. It also [...]
Real Estate Newsflash – Washington D.C. to Maui Fortunately, I did get to enjoy a little recreation time in D.C.; here I am posing with FDR (President Roosevelt) on one of my bike rides around town A sense of urgency that I have not seen in over ten visits to Washington D.C. prevailed this week [...]
Hawaii Life had quite the year in 2010. If you read the Chinese horoscope for the “Year of the Tiger”, it’s a fairly accurate description of our past year…the Year of the Tiger is often characterized as a courageous and fiery fighter who wards off tragedy. Tigers are gracious, independent, active and self-assured. Sounds like [...]
The Hawaii Association of Realtors’ President, Tracy Stice, has joined Hawaii Life Real Estate Services as the Broker-In-Charge of Hawaii Life’s new Maui branch office, located in the former corporate headquarters of Maui Land & Pineapple in Kahului. Hawaii Life’s commitment to education and technology appealed to Mr. Stice. In his recent interview as HAR [...]
Our Hawaii Life Principal Broker, Matt Beall, has written an excellent article about whether real estate agents provide value, especially given how technology has changed the real estate industry to the benefit of the consumer. As Matt has previous explained, before the advent of the Internet, your local MLS (multiple listing service) compiled listings into [...]
Hawaii Life Real Estate Services is officially servicing the Big Island with a new team headed by Broker in Charge, Katie Minkus. You may be familiar with Katie’s insight on our blog that she gave as a broker for Lava Rock Realty. We are very proud to now have Katie on our team and look [...]
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