Barbara Potts's (alohabarb) Blog

Real Estate Agent - Aloha Realty Group
  For the fourth consecutive year, we are pleased to announce that, Inc. has been selected for the 2011 Best of Lahaina Award in the Real Estate Agents category by the US Commerce Association (USCA). This is the first year that a business has qualified as a Four-Time Award Winner....
  Aloha from your resident experts!   Our favorable sales trend has continued. Well-priced units are selling quickly, with multiple offers, and the number of active listings is low (12) compared to the same time last year (21).    As of July 21, there are 3 pending sales with an average of only 3...
  Sales in Q2 2011 improved—they couldn’t have gotten worse, from zero in Q1 to 6 units sold! Sales prices for sold units were well below asking prices in general. Interestingly, none of the sales were distressed properties – only serious sellers.   The average number of days on market for active...
Please click on this link to view  MAY-2011 Newsletter  Housing Trends eNewsletter, which includes links to local Maui information:  
Aloha from your resident experts! The tide is definitely turning at aina nalu! In the first quarter of 2011 6 units were sold, and the inventory has dropped to only 12 active listings as of April 26! The two pending sales as of 4/26 are both 2/2 units, and neither of them are short sales. Of the ...
Aloha! Sales in Q1 2011 were non-existent at Kaanapali Shores—there were no closed sales, as in zero, zip, nada, from January 1 to March 31. As of March 31, there were 4 pending sales: three 1 bedroom ocean view fee simple units, and one 2 bedroom leasehold ocean view unit. The average days on ma...
 Aina Nalu Charitable Fund ‘Dollars for Scholars' Silent Auction Benefiting the Lahaina Complex After School Enrichment Tutor Project Founded and Managed by Pat & Richard Endsley  The homeowners of Aina Nalu are holding a fundraiser for the ‘Lahaina Complex After School Enrichment Tutor Project.'...
Here's the latest update on occupancy, daily rates and listings at Aina Nalu, in the heart of Lahaina Town.  February's occupancy numbers from Outrigger were great! Studios - 87% occupied, average daily rate of $107.64 1 bedrooms - 76% occupied, average daily rate of $147.55 2 bedroom, 1 bath - 9...
2010 began a turnaround for real estate sales on Maui, and Kaanapali Shores was no exception.  In fact, K. Shores did a little better than the rest of Maui. Sales on condos on Maui were up from 2009 to 2010 by 39%, while sales at K. Shores increased by 50%. There were 3 studios that sold, which m...
2010 was a recovery year for aina nalu real estate. We needed it, but it was a mixed blessing.  After just one sale in 2009, a studio that closed at $195,000, we saw 14 closings in 2010.  That was a blessing, but for those of us who bought back in the day, it was painful to watch.  Of the 14 sale...

Barbara Potts

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