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After a dismal 2009 in which total visitors coming to Maui declined by 1.4% January saw a rebound. Over 159,000 people came to Maui in January, an increase of 2.4% over January 2009. Visitors from the western US increased 5.5% and for the first time in quite a while Japanese count was also up, though Japanese represented only 3% of all visitors. The Canadian impact continues to be large, up almost 14%.
The Federal Home Buyer Tax Credits are still available as long as binding sales contracts are signed by April 30, 2010.
One of the highlights of the year in the financial world is invariably Warren Buffet's letter to the Shareholders of Berkshire Hathaway. It is always thoughtful, open, candid and enlightening. The recently released 2009 letter is no different. Specifically the letter talks about Clayton Homes and the housing industry generally. Here is an excerpt:
After all the concern about Maui being in the path of a tsunami generated by the Chilean earthquake it turned out to be a non-event, just like in 1994.
The Los Angeles Times reported the following:
In a survey conducted by the Federal Reserve Bank of Philadelphia, economists are mildly more optimistic than they were a year ago.
2010 Kanani Wailea Real Estate Report Now Available!
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