Since July 1st, there have been 3 accepted offers and 6 new listings. No units closed escrow in the months of July and August, but two closed escrow in September (H210—a 2/1 unit, and D102—a 2/2 unit); both sold for $225,000. Two of the new listings offer owner financing. We continue to see prices drop where sellers are motivated to sell and need to compete with distressed properties. As of 9/28/10 there are 21 active listings, and there have been 9 sales this year. At this rate, it will take 21 months to sell the current inventory. Here’s a comparison of average asking prices—6/30/10 to 9/28/10: · Studio—n/a · 1/1 upstairs—$329,000 (June) to $329,000 (current) · 1/1 downstairs—$327,667 (June) to $239,450 (current) -27% · 2/1 upstairs—$258,000 (June) to $299,000 (current) +16% · 2/1 ... 09/30/2010

Foreclosure Thursday 9/23/2010 The following properties have been foreclosed upon by their respective lien holders. 10 Pihaa Street Lahaina, HI 96761 for the sum of $687,338.66 50 Puu Anoano Street #3004 Lahaina HI 96761 for the sum of $503,100.00 4365 Lower Honoapiilani road #1205 Lahaina, HI 96761 for the sum of $154,000.00 If you have any questions what so ever on Maui foreclosures, call me directly and I have the inside scoop as I attend the auction everyday.   09/23/2010

I’m often asked what the Ritz-Carlton Club® and Residences, Kapalua Bay are like. So on a beautiful day here in Kapalua, I took a walk through the property and photograph the grounds and the model villa. I posted a video tour on YouTube, set to music by a childhood friend, Grammy award winning musician, Jeff Peterson. (I suppose this is as good a time as any to apologize to him for locking him and his brother in a closet when we were three). The Ritz-Carlton Club® and Residences are Kapalua’s newest residential development. Set on 21 oceanfront acres overlooking Kapalua Bay, the property is comprised of 84 wholly owned condominium residences and 62 fractional residences. The whole ownership villas range from 3000-4000 sq. ft., and sales this year have ranged from $3,300,000 to $5,735,0... 09/22/2010

Kapalua Golf Academy Free Golf Festival and Demo DaySaturday, September 25, 2010 10:00 am to 3:00 pm The Kapalua Golf Academy welcomes you to join them for a fun day featuring complimentary clinics and instruction by PGA Professionals Mike Adams, Mike Malaska, and Brian Mogg, and Tune-up lessons from over 20 PGA professionals.  There is free food for the first 200 people, and a grand prize drawing for a set of TaylorMade Burner Irons.  Register online at www.PlayGolfAmerica.com or call the Kapalua Golf Academy at 808-665-5455   09/20/2010

Foreclosure Friday Aloha Friday Furlough Friday 9/17/2010 The following properties have been foreclosed upon by their respective lien holders. 33 Haku Hale Place Lahaina, HI 96761 for the sum of $657,129.79 35 Katie Lane Kahana unit 726 Kahana HI 96761 Villas at Kahana Rdidge for the sum of $173,200.00 bought by MLP 120 Hui road F unit #J-16 Lahaina HI 96761 Napili Ridge leasehold for the sum of $115,497.00 154 Kupuohi Street #E-8 Lahaina, HI 96768 for the sum of $185,000.00 commercial Emerald Plaza bought by MLP 194 Akai street Kihei, HI 96753 for the sum of $279,650.00 784 Anapuni Loop Lahaina HI 96768 for the sum of $372,000.00 1102 Mailuna Place Makawao HI 96768 for the sum of $340,000.00 2747 South Kihei Road unit D-201 Kihei HI 96753 Kihei Shores for the sum of 203,921.41 4125 Han... 09/17/2010

Aloha! As of August 31st, there are 47 units available for sale and 4 pending sales, compared to 39 units for sale and 6 pending sales at the end of May 2010, when our last bulletin was published. Two of the four pending units are distressed properties. During the period of June through August, there were 6 units sold-compared to 3 units sold in April & May 2010.  The units sold were #444- 1BD ocean view for $375,000; #820- 1BD ocean view unit for $390,000; #933- 1BD ocean view unit for $450,000; #506- 1BD ocean view unit for $560,000; #323- 2BD garden view unit for $400,000; and #317- leasehold 2BD ocean view unit for $460,000.  There were 6 short sale units listed in the June 1 - August 31st time period. Two of those units closed escrow and two of those units are currently in escrow. ... 09/17/2010

Foreclosure Tuesday 9/14/2010 The following properties have been foreclosed upon by their respective lien holders. 15 Kulanihakoi street #2C Lahaina, HI 96761 for the sum of $195,443.51 24 Olali street Lahaina HI 96761 for the sum of $467,500.00 2660 Kanakanui Road Lahaina, HI (6761 for the sum of $254,224.00 2661 Kekaa Drive #J115 Lahaina, HI 96761 for the sum of $350,181.93 Leasehold If you have any questions what so ever on Maui foreclosures, call me directly and I have the inside scoop as I attend the auction everyday.   09/14/2010

The latest edition of the Kapalua Resort Newsletter and Real Estate Market Update is now available online. The Kapalua Resort real market continues to show an increase in sales volume over the same period in 2009. Average sales price remains fairly constant, though the highs and lows are more pronounced. Current MLS market summaries are posted for each property within the Kapalua Resort, as well as resort areas in Kaanapali and oceanfront properties island wide. Links to this information follows at the end of the newsletter. To view the newsletter and all statistics, please visit www.LuxuryRealEstateMaui.com/newsletter.asp  For more information on the Kapalua Resort or Maui real estate, please don’t hesitate to contact me. 09/07/2010

Foreclosure Thursday 8/26/2010 The following properties have been foreclosed upon by their respective lien holders. 50 Kepuhi Place #221 Mounaloa Molokai HI for the sum of $149,000.00 563 Kaiola Street Kihei, HI 96753 for the sum of $463,000.00 1010 Front street #C-201 Lahaina, HI 96761 Channel House condominium for the sum of $231,226.60 1413 Kakae Place Wailuku, HI 96793 for the sum of $331,324.54 If you have any questions what so ever on Maui foreclosures, call me directly and I have the inside scoop as I attend the auction everyday.   08/26/2010

The Ritz-Carlton Residences, Kapalua Bay: Maui Real Estate Market Update The Ritz-Carlton Residences, Kapalua Bay are Maui's newest luxury real estate development.  Overlooking Kapalua Bay, and situated on 21 oceanfront acres in the resort, this is one of the most beautiful locations in the islands.  The picture above was taken from the lanai of one of the Residences.  Completed in the summer of 2009, the property is comprised of 84 wholly owned condominium residences and 62 fractional residences, which are managed by the Ritz-Carlton Club and Residences.  Contact me for a complete list of available developer properties.  In addition, while there is developer inventory remaining, as of this post, there are also two resales available in MLS listed at $4,250,000 and $4,500,000.  The most ... 08/26/2010

Foreclosure Monday 8/23/2010 The following properties have been foreclosed upon by their respective lien holders. 108 Lower Nahiku Road Haiku, HI 96708 for the sum of $315,000.00 2715 Lower Kimo Road Kula, HI 96790 for the sum of $495,000.00   Foreclosure Tuesday 8/24/2010 The following properties have been foreclosed upon by their respective lien holders. 130 Wahikuli Road #A Lahaina, HI 96761 for the sum of $116,875.00 940 South Kihei Road #204-B Kihei HI 96753 Lauanakai condominium for the sum of one dollar that is just $1.00 Call me if you want to learn how to buy a property for one dollar. If you have any questions what so ever on Maui foreclosures, call me directly and I have the inside scoop as I attend the auction everyday.   08/24/2010

I am pleased to announce the sale of Kapalua Ridge Villa 2824!  The view from Kapalua Ridge Villa 2824 Kapalua Ridge VillasThe Kapalua Ridge Villas are perched overlooking Oneloa Bay.  There are 161 villas located in 28 buildings situated on 21.5 acres. Current Market Summary:As of this posting, there are currently 25 active listings on the market at the Ridge Villas. Asking prices for one bedroom villas currently range from $630,000 to $1,050,000, and from $1,195,000 to $1,750,000 for two bedroom floorplans. Since January 1, 2010, there have been three sales at the Ridge Villas:2323 at $950,000:  a 2 bedroom/3 bath ocean view, second floor, townhouse floorplan, in original condition2512 at $500,000:  a 1 bedorom/2 bath garden view, ground floor, single level floorplan, in upgraded cond... 08/24/2010

Foreclosure Wednesday 8/18/2010 The following properties have been foreclosed upon by their respective lien holders. 18 Laumakani loop Kihei Hi 96753 for the sum of $441,388.73 33 Waiaka lane #33-206 Wailuku, HI 96793 Iao Parkside for the sum of $221,055.48 100 Hauoli street #203 Wailuku, HI 96793 Lauloa condominium at Maalea for the sum of $265,000.00 150 Puukolii road unit 35 Lahaina/Kaanapali HI 96761 Kaanapali Plantation for the sum of $596,418.43 275 Ilikai street Kihei, HI 96753 for the sum of $349,362.00 919 Kahoku Place Kihei HI 96753 for the sum of $340,812.14 1034 Front street Lahaina, HI 96761 Lahaina Residential unit 116 for the sum of $227,930.14 If you have any questions what so ever on Maui foreclosures, call me directly and I have the inside scoop as I attend the auction... 08/18/2010

My listing partner, Rob Shelton, and I are pleased to announce the listing of Alaeloa #2.  This bungalow is a single family residence on condominiumized grounds, allowing you the privacy of a home without the headache or hassles of maintaining the grounds.  This home features spectacular ocean, island, and sunset views.  Alaeloa is truly a special place, evocative of the spirit of Old Hawaii.  Nestled on 13 oceanfront acres, Alaeloa features residences with spectacular ocean, island and sunset views.  As you walk along the water to the small crescent shaped beach, you are surrounded by Mango trees are lush with fruit.  There is a large heated pool and pavilion overlooking the bay.  Owners here enjoy the lifestyle that being on the water affords, and you'll find a place to store your own... 08/18/2010

Foreclosure Monday 8/16/2010 The following properties have been foreclosed upon by their respective lien holders. 27 Kaulele Place #51 Kaanapali HI 96761 Lanikeha subdivision for the sum of $348.750.00 80 Halili Lane #8D Kihei HI 96753 Villas at Kenolio condominium for the sum of $415,106.87 If you have any questions what so ever on Maui foreclosures, call me directly and I have the inside scoop as I attend the auction everyday.   08/16/2010

Foreclosure Wednesday 8/11/2010 The following properties have been foreclosed upon by their respective lien holders. • 95 Hooheno street Kahului Hi 96732 for the sum of $472,153.65 • 140 Uwapo road #56-203 Kihei, HI 96732 Kihei Villages condominium for the sum of $256,684.79 • 394 Kea street Kahului, HI 96732 for the sum of $457,974.66 • 1034 Front Street #117 Lahaina HI 96761 Lahaina Residential condominium for the sum of $140,860.20 • 4435 Lower Honoapiilani highway #201 Lahaina, HI 96761 Pohailani Maui condominium for the sum of $452,890.27 If you have any questions what so ever on Maui foreclosures, call me directly and I have the inside scoop as I attend the auction everyday.   08/11/2010

The Kapalua Spa: August Specials The Kapalua Spa is offering three specials featuring Pure and True Organic Beauty:50 Minute Facial: $11980 Minute Facial: $16980 Minute Manicure and Pedicure with paraffin wax: $119*Tax and a 20% service fee will be added to all services. Treat yourself to a Pure and True Organic experience!      08/11/2010

Foreclosure Thursday 8/5/2010 The following properties have been foreclosed upon by their respective lien holders.   241 Oluea Circle Kihei, Hi 96753 for the sum of $521,209.53 480 Kenoilio road Kihei HI 96753 5-203 South Pointe Condominium was foreclosed upon for the sum of $1 one dollar 480 Kenoilio road Kihei HI 96753 12-205 South Pointe Condominium was foreclosed upon for the sum of $1 one dollar 480 Kenoilio road Kihei HI 96753 22-101 South Pointe Condominium was foreclosed upon for the sum of $1 one dollar 480 Kenoilio road Kihei HI 96753 27-103 South Pointe Condominium was foreclosed upon for the sum of $1 one dollar 480 Kenoilio road Kihei HI 96753 30-101 South Pointe Condominium was foreclosed upon for the sum of $1 one dollar 480 Kenoilio road Kihei HI 96753 31-203 South Point... 08/05/2010

Maui Land & Pineapple: Kapalua Resort Update Maui Land & Pineapple (NYSE: MLP) announced that it has successfully retired all of its $40,000,000 of senior secured convertible notes utilizing proceeds from the just completed $40 million shareholder rights offering.  Remaining capital from the rights offering will be used as working capital for resort and real estate development operations.    Also reported today: AOL co-founder, Steve Case, purchased MLP shares under the rights offering last week and a separate transaction today, thereby increasing his ownership of the company to 62.8%. According to their second quarter filings, Maui Land & Pineapple reported operating losses of $4.6 million and consolidated revenues of $8.3 million. This is compared with losses of $54.2 million and reve... 08/05/2010

Silent Saturday - oceanfront pictures from West Maui resorts Paia Maui HI homes for sale ~ Oceanfront Maui properties for sale Thanks for reading My Maui Blog!  ~ Georgina M. Hunter R(S) e-Pro   Search the Maui MLS right here ~ call or text me 808 283-0635 ~ EMAIL     07/31/2010