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Tagged : hawaii real estate

Found 19 blog entries tagged as "hawaii real estate".

Maui Short Term Vacation Rentals - Condos and Homes

Investment Pitfalls and The Minatoya List

This is a hot topic across the entire vacation rental market worldwide and Maui is no exception. The goal is basically to keep vacationers and other short-term visitors in the hotel districts and out of neighborhoods for various reasons ranging from crowded parking, unruly behavior, affordable housing shortage for locals, and loss of employment opportunities for hotel workers and many more. Threats to reassess properties for tax purposes at sky-high commercial rates can discourage homeowners from investing in short term rental properties.  According to a recent poll over 55% of Maui residents oppose short term rentals in their neighborhoods. But all is not

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The ZERO Effect of COVID on the Maui Real Estate Market 

Aloha! And welcome to another weekly Maui Real Estate Market Watch Report from Eric West at Keller Williams in Whalers Village.

Maui Real Estate

 Here is what's new and developing for the week of August 24th 2020. To see the entire Google Sheets spreadsheet please click here

The big question people ask me every week…”How’s the market doing on Maui?” Many people are expecting a major downturn in demand and subsequent 20-50% reductions in asking prices.

Not so much.

In a nutshell, the Maui Real Estate Market is holding steady, very steady.

Let’s compare the last 8 months of 2020 with the exact same time period in 2019.

Now keep in mind, in 2019 the market was in FULL swing with a FULL capacity

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Maui Real Estate for Sale in the “New Age” of COVID

How to Find the RIGHT Real Estate Deal on Maui 

Information is power. We all know that. But with all of the “tech tools” and everything available to everyone online, how can anyone get a competitive edge? Not to mention a true understanding of what is really happening in the real estate market in Hawaii in order to make wise and prudent decisions?

(Just because a buyer or a real estate agent uses or shows up on Redfin, Zillow or Trulia on Maui does not make you or them an expert...just sayin')

Especially given the new set of never before seen circumstances of a global pandemic such as COVID!

The answer is threefold.

  1. Follow the numbers. The numbers don’t lie. But most

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Best Places to Live In the World

Before, During and After the Corona Virus - A Worst Case Scenario

 

 

Many people are now asking how to survive a pandemic?

So where is the Best Place to Live in the World Before, During and After the Corona Virus?

Hands Down.....Hawaii.

Which is exactly why so many people are planning a move to Hawaii....right now. And the second home market is starting to boom.

(as a long time Maui Resident and Real Estate Expert, I would also argue Maui is the best island in Hawaii to live on)

Whether you assume the worst case or best case scenario for what is going to happen in the future, the answer to the question is still the same. 

Hawaii is possibly the best place to position yourself and your family

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Maui Real Estate Market Watch

Aloha! And welcome to another weekly Maui Real Estate Report from Eric West. Here is what's new and developing for the week of July 1st 2020.

(click here for access to all of the details in the report)

  1. We had another 35 price reductions averaging 9% and a total dollar discounting of just under $6M. This is on par with what have been seeing during this Coronoa Virus time period. The two most notable reductions came from 300 Kepa Rd with a $2.7M reduction in price (34% off asking)  and 3360 Kuaua Pl with a $500K reduction (24% off asking). 

  2. For the week the market saw 55 closings for a total sales volume of just under $44M. By way of comparison, the same week last year had 76 closings for $65M. That’s a

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Maui Real Estate Closings Drop 65% in May

 

Aloha! The Maui Real Estate market is interesting to say the least. New Listings have decreased 15.5% for Single Family homes and 18.8% for Condominium homes. So inventory could in fact become even leaner than it was pre-COVID. And "Days on Market" increased 13.3 percent for Single Family homes and 28.7 percent for Condominium homes. Buyers have been quicker to return to the housing market in force than sellers, who have been showing a bit more reluctance to list their homes than is typical for this time of year. But trends are improving and as states and localities continue to moderate their COVID-19 policies, real estate activity is expected to continue to improve in the coming weeks.

To see the full

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Maui Real Estate 

BRAND NEW Luxury Home @ 227 Anapuni Loop

Located in the Lanikeha Neighborhood in Kaanapali Golf Estates

 

This is Maui living at its finest. Stunning ocean views. Prestigious gated community of Lanikeha. Brand New Construction of this well appointed 4 bedroom 4 bath residence. Just a short Golf Cart ride to world-class resort of Kaanapali and the beach voted the Best in the World! Plus resort style amenities abound with the Lanikeha Clubhouse with a lounge, game room, kitchen facilities, pool complete with a waterfall and hydro-spa, courtyard, fitness & pool pavilions. Be sure to watch both Eric West's video tour of the home AND the video tour of the Lanikeha neighborhood. Click here for all the listing details and current

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Aloha & Welcome to Another Edition of the Maui Real Estate Market Watch!

The purpose of these weekly reports is to give you the cutting edge insight and research as it pertains to the Maui Hawaii Real Estate market. 

Here is a direct link to the report. (Scroll down to see embedded spreadsheet below)

I am pleased to announce the report is evolving and growing! You can now see these new elements:

  1. Historical Sales Data :Every home, land, condo sale on Maui in 2018, 2019, and 2020

  2. Every Pet Friendly Vacation Rentable condo For Sale on Maui (a very sought after and rare combination indeed)

  3. The Report also shows all new price reductions for the week, all New Listings for homes, land and condos, the Top 20 Best Deals for Homes,
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Maui Real Estate Market Watch April 28, 2020

Aloha and Welcome to another edition of the Maui Real Estate market watch!

The purpose of this report is to give you the absolute best tools to shop, research and ultimately buy or sell a property on Maui Hawaii. Here is a direct link to the report. (Scroll down to see embedded spreadsheet below)

This weekly report is a fully interactive, dynamic Google Sheets spreadsheet that is updated weekly with live links to all of the data. It is both a snapshot of what the market is doing right now with the most recent price reductions along with the top 20 best deals for homes, land and condos (based on the best value price per square foot or price per acre), along with new properties (homes, condos and land)

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Aloha! And welcome to another weekly edition of the Maui NOW Market Watch. Click here for a link to the Google Sheets Report. The Maui Real Estate blog where you can find the best deals, literally as they hit the market every week. In the report below (dynamic interactive shared Google Sheets Spreadsheet) you will find all of the most new price reductions (in order of severity), and the best deals (in order of lowest to highest price per square foot/acre) of all the new fee simple condos for sale (both short and long term), single family homes for sale and new vacant land listings on the entire island of Maui. 

Last week we only had $2M (vs $4.5M the previous week) in price reductions with an average of 8% which is a 3% DECREASE in the average price

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