Dawn Surf Patrol at Halii Kai Resort
Early Morning Surf Session at “Peaks” off the Mauna Lani Hotel
Early Morning Surf Session at “Peaks” off the Mauna Lani Hotel
My newest short sale listing is in the Wailua Houselots (MLS# 251238). The houselots are only a few minutes walk to Wailua Bay, a good beach for swimming or kite surfing. It’s a simple, single wall construction home with multiple lanai and a carport. The lender is Wells Fargo and with Wells’ use of the [...]
The distressed sales, like bank owned and short sales, accounted for more than 60% of all home sales in Waikoloa Village in 2011. Should you choose a straight sale over a distressed property, this move-in ready property might be for you! It is the original Waikoloa Bluffs model home (Mauna Kea model B). It is in [...]
Stat-a-palooza time now that 2011 is over and the new year begun. We put together some interesting stats for West Hawaii condo and residential sales. These stats cover the area from Keauhou to Waimea (TMK 3-6 and 3-7). It’s interesting to note here how similar these graphs are even though one could make the case that [...]
We blogged recently about Unit A4, the only townhouse available at the Waikoloa Beach Villas. It was listed at $450,000 then and we thought it was a good deal. These 3 bedroom townhomes sold in the mid $800K range at the height of the market. The list price on A4 has just been reduced to $429K, [...]
Here’s an update for condo sales in the Mauna Lani Resort through November, 2011. The first graph tracks the number of condos sold:
Alii Drive Oceanfront Condo For 50% of Original Cost I recently listed this oceanfront beauty on Alii Drive (MLS# 249193) in the Keauhou Surf & Racquet Club as a short sale. It is a beautifully remodeled, two bedroom/two bathroom, ground floor condominium…the views are truly on the water and mesmerizing with a nice yard for playing, sunning, [...]
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.
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.
There are currently six Ridge condos for sale at Wai’ula’ula in the Uplands at Mauna Kea Resort. There are also two showing contingent, one of which is actually in escrow and the other a short sale in the approval process. Between the lines of these seemingly mundane statistics, there are some hidden surprises.
Here’s a quick look at some of the newest Kihei homes on the market that are bank owned:
If you have read my blog about the September sales update, you already know that the community of Hali’i Kai is getting the most attention from buyers. The month of October (2011) ended with only 2 condo sales at Waikoloa Beach Resort and both were at Hali’i Kai, the ideal place to enjoy the Waikoloa [...]
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 [...]