MAKENA RESORT TO AUCTION
February 9th, 2010According to the Honolulu Advertiser the Makena Resort, including the Prince Hotel, two golf courses and 1200 undeveloped acres will be heading for the auction block in April. How did we get here?
GLAD TO BE ON MAUI?
February 8th, 2010
JANUARY RESULTS
February 7th, 2010The activity level in January in Wailea and Makena improved somewhat from a year ago. In January 2009 three condominiums and one single family home sold. In 2010 six condominiums and three single family homes sold. Pricing has clearly retreated but with so few data points comparisons aren't reliable.
WHAT CHANGED ON MAUI IN 2009
January 30th, 2010One of the significant developments in Maui real estate we ascertained over the last eighteen months or so is how flexible buyers have become. It used to be there were (using shorthand) Wailea people and Kapalua ™ people and North Shore people etc. Folks had already focused on a specific part of the island or a specific neighborhood or complex and wouldn't consider buying outside it. That point of view has really changed. More and more in 2009 and today potential buyers are seeking value first and are showing more flexibility the neighborhood or area they will consider. In our vernacular, buyers have become "deal hounds." For sellers this means your property is no longer just competing with the one down the street. Now you are competing with other parts of the island as well and must show a value in that context to obtain significant interest. For buyers this means your Realtors must have broader knowledge than ever before.
FOURTH QUARTER GDP
January 30th, 2010The first report on fourth quarter GDP came in at a robust 5.7%.
2009 Non-Oceanfront Condominium
January 26th, 2010
RECENT NATIONAL DATA
January 26th, 2010
LIVING IN OLD HAWAII
January 23rd, 2010In today's Wall Street Journal a wonderful article about Maui's Rice family and the ranchland they own.
WHAT HAVE SELLERS OBTAINED?
January 21st, 2010
ANOTHER TOM AND SEAN CLOSING
January 20th, 2010We are pleased to announce the closing of 6980 Makena Road. This beachhouse sits on a beautiful stretch of Makena coastline and sold for $3.5 million. The Leading Edge Marketing effort strikes again!
