After taking a huge blow in the latest bust cycle of our local economy, the Maui Real Estate market is starting to pick up some major momentum. With all bust cycles, there is certainly a boom to follow. It’s simply a function of time. We have been eagerly anticipating this next boom cycle, and we [...]
We have been researching condo activity and prices for several clients recently in the Waikoloa Beach Resort. The trend recently has been to a very reduced supply of condos for sale and rising prices. For the most part, that is still the case. There are currently 46 active listings in the resort, with the lowest [...]
Mauna Lani Point and Mauna Lani Terrace have the distinction of being the only condominiums at Mauna Lani Resort that are really “walk to the beach,” with many of them having extraordinary, intimate ocean views across the golf course. That translates into a certain level of demand despite their age and lack of garages, and [...]
Condo sales in Waikoloa for the 1st quarter of 2013 are a picture of real estate on the Big Island – lower inventory and higher prices. The total number of sales for the quarter was only 10 condos for the 3 months. This is a big reduction in sales numbers from the past few years [...]
It’s been just over five months since my last update on the Kolea at Waikoloa Beach Resort real estate market…but in some ways a quiet five months as buyers adjust to the next increment of prices sellers have in mind. The scarcity of listings (only 9 in October) prompted a new wave of sellers to come [...]
Catching up to the condominium sales in the Waikoloa Beach Resort over the past few months: Again, this reflects what we’ve been seeing, a modest increase in prices as the housing market recovers. Most of the buyers we are talking to recognize that the market has turned around from 2011 and is heading higher. Even [...]
A new price reduction in Kaanapali Hillside makes this the second most affordable home in the neighborhood. This beautiful home is located on 94 Hakui Loop. The price has been reduced to $1,100,000, making this one of the best values in the neighborhood. This property was originally priced at $1,200,000. Backyard pool and hot tub [...]
The sale of two beachfront lots in the gated oceanfront community Naupaka Place in Waikoloa Beach Resort for full asking price of $2 million each is indicative of the current optimistic climate in luxury Big Island real estate. Savvy developers are bringing new boutique oceanfront and beachfront projects to market, having invested through the downturn [...]
Just north of the Kohala Coast resorts lie three gated and one ungated residential communities with big ocean views and equal proximity to the amenities of the resorts and the necessities of life in Kamuela (Waimea) town. In recent years, modest homes in Kohala Estates have sold for under $500,000 and a few exceptional properties [...]
While our Kauai inventory continues to decrease, we still have a lot of short sales in contingent status. We also have homeowners that are underwater that may choose a short sale as a preferred options to foreclosure. One of the newer challenges in the short sale space is the phenomenon of “service releases.” In other [...]
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