RECENT BLOG POSTS
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Well, after years of waiting, the 40 acre regional park just north of Hope Chapel will commence construction in January: This park's first phase should transform most of the landscape to make it look parklike, Matsui said. Most of the initial work, which should take about 10 months to complete, i...
06/30/2008
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The news coming from the mainland housing market remains bleak, but there are a few causes for optimism. New home sales nationally fell in May to an annual rate of 512,000 units, down 2.5% from April. Exisitng home sales increeased 2% to just under a 5 million annual pace while median price fell ...
06/29/2008
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The Dowling Groups' Maluaka in Makena, which is being built according to standards devised by the US Green Building Council's Leadership in Energy and Environmental Design (LEED), may have begun a trend in Maui real estate. Now Starwood has announced that their third timeshare resort at Ka'anapal...
06/29/2008
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The Department of Business, Economic Development and Tourism has released Maui's May Tourism results. Here are the highlights: Visitor Days down 5% Expenditures down 13% Domestic visitors down 12% International visitors up 20% Canadian visitors up 9% While these numbers are dismal, there are two ...
06/27/2008
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Merrill Lynch has released their wealth report for 2008. Here are some key findings related to real estate. The Ultra-HNWI "wealth band" ($30 million +) experienced the strongest growth, gaining 8.8% in population size and 14.5% in accumulated wealth The number of high net worth individuals ($1 m...
06/25/2008
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Harvard's Joint Center for Housing Studies has released its 2008 State of the Nation's Housing. Here is a summary of the key findings and the likely impact on Maui real estate. Significant inventory overhang remains Surpluses exceed 2% of owners stock in some markets The spike in loans entering f...
06/25/2008
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We are pleased to announce that Wailea Fairway Villas X-103 is now in escrow. That three bedroom condominium is listed for $1.325 million. UNIT X-103 may well be the finest unit in the complex. This 1790 square foot, three bedroom, three bath townhome rests in the quietest and most private portio...
06/16/2008
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Even with the Maui Film Festival going on, the island remains very quiet. The impact of the two airline bankruptcies and higher ticket prices is clearly creating a decline in tourism. The question for owners and pursuers of Maui real estate is how long will this go on? Our sense is that the condi...
06/16/2008
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A rarely available third floor unit in Building 7: one of Kamaole Sands' best! This one-bedroom two-bath unit is in excellent condition and features a large lanai, upgraded walk-in shower in the master bath, king size bed, a new stove, and a "Grade A" rating from Castle Resorts. All this for Only...
06/11/2008
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Today the NAR released the national pending sales results for May. Below are some key snippets and the likely impact on Maui real estate. The Pending Home Sales Index,* a forward-looking indicator based on contracts signed in April, rose 6.3 percent to 88.2 from a reading of 83.0 in March. I...
06/10/2008
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We will be updating this site frequently to keep you up to date on all matters which might impact Kamaole Sands Real Estate. To look at recent posts that are no longer on the frontpage, please click on the appropriate category in the right hand column.
Please let us know if there is something specific you'd like us to keep you apprised of! Mahalo.
- Tom & Sean
Real Estate's Leading Edge