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July 2022

Found 2 blog entries for July 2022.

2022/2023 Maui County Property Tax Rates

Here are the updated rates for this coming fiscal year. If there is any change in rates, last years rates are noted for reference. All rates shown below are per $1,000 of assessed value.

Please enjoy my Maui Property Tax Calculator to figure out your exact tax liability for each property type. Click www.MauiPropertyTax.ORG

 Owner Occupied

  • Tier 1: up to $1,000,000 Formerly $2.41 now $2.00
  • Tier 2: $1,000,001 to $3,000,000 Formerly $2.51 now $2.10
  • Tier 3: more than $3,000,000 Unchanged $2.71

Non Owner Occupied

  • Tier 1: up to $1,000,000 Formerly $5.45 now $5.85
  • Tier 2: $1,000,001 to $4,500,000 Formerly $6.05 now $8.00
  • Tier 3: more than $4,500,000 Formerly $8.00 now $12.50

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Maui Real Estate Statistics June 2022

Click Here t o See Full Report

Rising inflation, soaring home prices, and increased mortgage interest rates have combined to cause a slowdown in the U.S. housing market. To help quell inflation, which reached 8.6% as of last measure in May, the Federal Reserve raised interest rates by three quarters of a percentage point in June, the largest interest rate hike since 1994. Higher prices, coupled with30-year fixed mortgage rates approaching 6%, have exacerbated affordability challenges and rapidly cooled demand, with home sales and mortgage applications falling sharply from a year ago. New Listings increased 1.4 percent for Single Family homes but decreased 18.6 percent for Condominium homes. Pending Sales

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