Presented by Aloha Potts      Issue 26, Q3—2012 Aloha from your resident experts!In the past few years aina nalu was a lost property. As real estate prices imploded we took one of the worst hits on Maui.  Values fell in excess of 60% in many cases.  With good 2 bedroom units selling in the low $200’s in some cases, aina offered the best value on Maui – bar none. Now the toxic inventory has mostly been cleaned out.  Today, it seems that aina nalu has found its place as the quality complex in Lahaina. This year several prime location units have sold well in excess of $300K.  That’s up about 50% from our low. Even at the new more realistic prices, aina nalu is still the best value in the Maui market.As available inventory sells off, sellers get firm on price with little change in sales. Th... 10/23/2012

Kaanapali Shores BulletinIssue 21, Q3 2012     Aloha!   If you’re thinking of selling your condo, the news at Kaanapali Shores is mixed.  Sales slowed through the summer, specifically the 3rd quarter, of this year as compared to the first half of the year.  That may sound like bad news but there is a brighter side.While there were fewer sales, the median selling price increased for studio and one bedroom units. In the first 2 quarters of the year just a single studio sold. It went for $230,000.  In the 3rd quarter there were 2 sales with a median selling price of $255,000.   Currently, the median asking of ocean view fee simple studios for sale is $279,500 and garden view fee simple studios is $260,000.Prior to the 3rd quarter, there were 15 one bedroom units sold.  That’s over 2 units ... 10/23/2012

Speechless Sunday - Pioneer Inn, Lahaina Maui HI 96761 Pioneer Inn, Lahaina Maui The banyan tree by the Pioneer Inn LAHAINA MAUI HAWAII HOMES FOR SALE Buying or selling real estate on Maui?  That's what I do.  Let me help YOU. Call or text me 808 283-0635 ~ EMAIL  Georgina M. Hunter Maui Realtor(S) e-Pro    Search the Maui MLS listings here  Aloha from Maui...    10/21/2012

Aloha from your resident experts! The second quarter saw strong sales activity, with 3 sold and 1 pending at the close of the quarter and another pending at this time. In fact, after the close of the quarter another unit (upstairs 2/2) sold that wasn’t even listed on the MLS! There are only 5 active listings at this time, which we believe is a low for Aina Nalu. At the current sales pace of 1 per month, we have 5 months of inventory, which is on the low side and indicates prices may be rising. While occupancy slowed during the normal shoulder months it seems to have picked up again from our observation, and daily rates seem to be improving across the board on Maui (for owners). We continue to have buyers looking for ‘deals’, in particular bank owned units, but there are no distressed pr... 07/30/2012

    Aloha!   Last quarter we speculated that this could be a turnaround year for Kaanapali Shores. Occupancy continues to be excellent, and sales for Q2 improved to 11 from 7 sales in Q1. As of July 22 there are 5 pending sales and 30 active listings, down from 37 at the end of Q1. Last year there were 12 sales at Kaanapali Shores all year and none in the first quarter of last year.  While sales improved, sold prices did not.  They continued to drop, and at the end of the quarter median asking prices were either lower or the same as at the end of Q1, with one exception—2/2 special units median prices actually increased, but only because one lower priced listing was canceled. As inventory decreases and sales volume increases, basic economics dictates that we have hit bottom in terms of p... 07/24/2012

Lahaina Maui HI beachfront homes update - REO SOLD on Baby Beach $7.8M June 2012 Bank owned homes can be beautiful! This month two very impressive beachfront homes sold that were side by side on Baby Beach in Lahaina Maui.  You would not have expected these to be bank owned and they certainly didn't look like your typical REO property.   1181 Halepaka Place sold for $3,800,000. 1189 Halepaka Place sold for $4,005,000. These 2 homes had been on the market as short sales with no success, but once they were listed this last time around they sold quickly, in just 68 and 50 days respectively.  Both sales were with cash buyers.     Baby Beach has only a handful of single family homes and they don't come on the market very often.  These exceptional homes of quality construction are less than 1... 06/22/2012

Spotlight on the Kapalua Ridge Villas: Active Listings, Pending Sales, and Sales for 2012 by Courtney Brown, R(S) One of Kapalua Resort’s most popular condominium communities, the Kapalua Ridge Villas is perched overlooking Oneloa Bay and is situated on the famed Kapalua Bay Course. Located in the heart of the resort, the Ridge Villas is comprised of 161 buildings in 28 buildings on approximately oceanview 21.5 acres, the Ridge Villas offers one, two and three bedroom villas with ocean and/or golf course views Ridge Villas active listings: 8, ranging from $595,000 to $1,395,000 Ridge Villas pending sales: 2 2012 Ridge Villas sales: 6 1 Bedroom Ridge Villa Average sales price: $572,750 1 Bedroom Ridge Villa Average list price: $612,500 Sales price to list price ratio: 93.5% 2 Bedroom Rid... 06/22/2012

The 31st Annual Kapalua Wine and Food Festival, June 8-10, 2012Kapalua Resort, MauiIt’s that magical time of year again, summer--when the sun shines brighter, the tropical flowers bloom and our days last a little bit longer.  Summer is also when the Kapalua Resort hosts Maui’s premier epicurean event: the Kapalua Wine and Food Festival. While the festival is known for its big tastings on Friday and Sunday nights, there are many smaller, more intimate events, including winemaker’s dinners and educational panels that should not be missed. In fact, until I began to write this post (and saw how long it was), I didn’t realize quite how many events were really taking place here in our little seaside resort. The events begin Wednesday, June 6th, with festivities culminating at the famed Seafoo... 06/04/2012

June 1st, 2012One of the questions I’m often asked, is where do you go for vacations when you live in paradise? This year: Italy! And while, I LOVED Italy (the food,the wine, the art (David!), the countryside of Tuscany, the seaside towns in the Cinque Terre and Capri), there is nothing like returning to Maui. Sometimes it takes seeing a place with new eyes to really appreciate its beauty.I’ve returned home just in time for one of Kapalua’s biggest events, the 31st annual Wine and Food Festival. It will be held at the Ritz-Carlton, Kapalua June 8-10, 2012. For tickets and information, visit: www.kapaluawineandfoodfestival.comWhile I was gone, there were a few new listings, price changes, and sales. The following is an overview of the activity in last month in theKapalua real estate mark... 06/01/2012

Westside Maui Homes for sale.There are a number of beautiful homes on the market in Launiapoko area. This home is currently on the market. It is priced under $7,000,000 for this incredible luxury Lahaina home. The property is located on five acres, with a beautiful pool to enjoy Lahaina sunsets. So for more information on Launiapoko luxury homes, or Island homes in Kapalua Maui, give me a call 808-280-2208. I work with Island Sotheby’s International Realty at The Shops at Wailea. If you are thinking about selling I would like to talk to you about how I can market your property to the world. You can search properties all over Maui from this site, let me know if you have any Maui real estate questions.Steven Nickens RS-54097 GRI ABRElite Pacific PropertiesCell: 808-280-2208EmaiL: nickens@... 05/22/2012

Foreclosure Auction 5/16/2012 The property at 4057 #115 Lower Honoapiilani road Lahaina HI 96761 was foreclosed upon for the sum of $267435.00 By the bank, the public offered $269,000.00 with a right of confirmation to be held in a court of law on the island of Maui Hawaii    Foreclosure Auction Maui Lot 5 Wailuku Maui Hawaii 96793 foreclosed upon by the respected lien holder for the sum of $369,000.00 by Americans Savings Bank 05/16/2012

Foreclosure Auction for One Dollar ($1) Papakea  Condominium 3543 Lower Honoapiilani road Unit A -107  Lahaina Maui Hawaii 96761 05/15/2012

Built in 1979, the Kapalua Golf Villas are situated overlooking the Kapalua Bay course in the heart of the resort. Situated on over 15 acres, the Golf Villas is comprised of 186 villas in 16 buildings.At the time of this posting, there are 19 active listings (approximately 10%), with 4 pending sales, and 8 sales since January 1, 2012. The sales have ranged from a low of $410,000 for a one bedroom villa in original condition, to $780,000 for a beautifully upgraded two bedroom villa. Villa List Price Sold Price Close Date Kapalua Golf Villa 18V4 $575,000 $575,000 1/27/2012 Kapalua Golf Villa 18 P 5 6 $559,900 $515,000 1/30/2012 Kapalua Golf Villa 12T1 $430,000 $410,000 2/28/2012 Kapalua Golf Villa 24P5,6 $568,500 $485,000 3/15/2012 Kapalua Golf Villa 14P3,4 $839,000 $780,000 3/28/2012 Ka... 04/27/2012

Photo of the Ritz-Carlton, Kapalua, where we have a new listing at the Residential Suites. Kapalua Real Estate: Market UpdateIt’s on everyone’s mind: “What’s going on in the market?” While trends are difficult to predict when data samples are small, I find the quarterly comparison of our market against the prior year to be insightful. We have definitely seen an increase in both the number of sales and sales volume. The impact of a record sale for $14,000,000 in the Plantation Estates in early 2011 serves to skew the data: without it, the volume would have been less than 50% of that achieved in the first quarter of 2012 and the average sale price would have been $1,500,833, much closer to this year’s. The greater sales volume is generated by a concentration of sales at the low end of th... 04/20/2012

Aloha from your resident experts! From Jan 1 to March 31, there were 20 listings (2 were short sale and 2 were REO/bank owned). Out of 20 listings, 2 were taken off the market, 5 were sold, and 4 were pending at the end of the quarter. At quarter-end there were only 9 active listings.   Continuing from last year, the first quarter has seen some extremes—from the lowest priced sale for a 2/2 furnished, bank owned unit at $215,000 to two closings for 2/2 furnished units at $320,000—one upstairs and one downstairs.We were surprised by the $215,000 closing, since prices seem to be increasing at Aina Nalu. The first quarter saw good sales activity, with 5 sold and 4 pending at the close of the quarter. There are only 9 active listings at this time, which we believe is a low for Aina Nalu. At... 04/13/2012

Aloha! Is 2012 the year of the turn around at Kaanapali Shores? It could be. For starters, occupancy is amazing. It’s been difficult to show units because they are so heavily booked. That’s a good problem for us owners to have, right? Last year there were 12 sales at Kaanapali Shores all year and none in the first quarter of last year. In the first quarter of this year there have already been 7 sales and there are sales 9 pending. Studios seem to be the weakest category at the moment. That is too bad, because studios are generally a good value and rent well. There were no studios sold in Q1 2012. There are currently 8 studios for sale including leasehold units. One bedroom units are the strongest category. They account for more than half the sales and pending escrows. And prices are on ... 04/10/2012

April 4, 2012It has been a beautiful winter and spring here in Kapalua, and there is a sense of optimism in the real estate market. If we were to compare the first few months of 2012 with 2011, there have been 14 sales to date vs. only 9 in the same time frame. The total dollar volume remains fairly constant ($25,611,000 in 2012 vs. $24,560,300 in 2011). However, it is noteworthy that the 2011 figure was significantly increased by the sale of a $14 million home, and without it, the volume would have been less than 50% of that achieved so far in 2012.The following is an overview of the activity in last month in the Kapalua real estate market:NEW LISTINGS:There were seven new listings in Kapalua over the last 30 days, ranging from $275,000 for a Ritz-Carlton Club fractional ownership vill... 04/04/2012

Kapalua Events, April 2012This April, the Kapalua Resortwill host several events ranging from fashion, to beauty, to the many facets of Hawaiian culture:April 5Joseph Ribkoff Trunk Showat the Kapalua Logo ShopThe Kapalua Logo Shop will host a Joseph Ribkoff Trunk Show from 3-7 pm.Enjoy champagne and pupus while viewing the designs of Joseph Ribkoff.April 6-8: The Celebration of the Arts: “Me Ke Aloha...with Aloha to all”at the Ritz-Carlton, KapaluaThe Ritz-Carlton, Kapalua will host the 20th Annual Celebration of the Arts. This festival showcases the many facets of Hawaiian culture through music, dance, art, demonstrations, and films, and is considered to be amongst the best cultural festivals in the islands. This weekend festival is hosted by Clifford Nae’ole, who has assembled some of... 04/04/2012

March 7, 2012Spring tends to be the busiest time of year, and we are seeing increased visitors to Maui in general. According to the Hawaii Tourism Authority (www.hawaiitourismauthority.org), Maui began 2012 with visitor spending in January, the highest on record for that month. Total arrivals to Maui rose 8.7 in January 2012, when compared with 2011: primarily due to increases in visitors from Canada (+12.7%), U.S. East (+7.1%), U.S. West (+2%) and Japan (+7.1%). I found it interesting that the number of visitors was up from California but down from the other West Coast states of Washington and Oregon.With increased visitor arrivals, we have been seeing an increase in the activity in our real estate market. This holds true for the Kapalua real estate market. The following is an overview... 03/07/2012

Join the Kapalua Spa and Spa Finder for a week of wellness right here in beautiful Kapalua, Maui! From March 19-25, 2012 the Kapalua Spa will be hosting week of exciting events and activities focused on providing customized fitness plans, classes and wellness tips. From March 20-25th, specials include: 50-minute personal training sessions for $50Private 50-minute Yoga Sessions for $50Private 25-minute Reformer Pilates Sessions for $5050% off fitness classes I personally love the Kapalua Spa--it is one of my favorite things about living in the Kapalua Resort.  I love the yoga and bootcamp classes, and if you have a chance, I'd highly recommend booking a personal training series with Tom Ockerman.  He's fantastic! You can meet the Kapalua Spa team at their Wellness Fair and Expo on March ... 03/03/2012