SOME TRENDS WE SEE

May 22nd, 2007

The island has been much quieter over the past two weeks. It's nice to be able to drive with no traffic, isn't it? We thought we'd discuss very briefly some of the trends we have seen in Maui's Real Estate market this year. In no order:

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ANOTHER TOM AND SEAN CLOSING

May 21st, 2007

We are pleased to announce the sale of Palms at Wailea 2108 for $799,000. To understand the marketing plan that worked for this property, contact us!

IMPROVING HEALTHCARE ON MAUI

May 21st, 2007

In the Maui News the announcement of a new cancer facility to be built and operated by a partnership including the Pacific Cancer Institute and Hawaii Pacific Health.

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CHINA OPENING UP

May 20th, 2007

As the Chinese economy has continued to grow in excess of 10% per year it has created trillions in savings. Much of that has been invested in US Treasuries. A few weeks ago, for the first time, The Chinese government began to allow its citizens to open accounts with non-Chinese banks. Among others, Citigroup and JP Morgan have active efforts in China. Then today another bombshell out of China:

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MAKING MAUI ENERGY SELF SUFFICIENT?

May 19th, 2007

In today's New York Times the efforts of Hawaii Bioenergy to make Hawaii largely energy independent through the use of  sugarcane as a biomass fuel.

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CHANGES IN VISITOR ACCOMODATIONS

May 18th, 2007

The Department of Business, Economic Development and Tourism has released the 2006 Visitor Plant Inventory and one finds some interesting tidbits for Maui.

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HAWAIIAN HISTORY

May 17th, 2007

This Sunday at 10PM east coast time on the History Channel, the ongoing History Channel series The States will air a short piece on the overthrow of the Hawaiian Monarchy in 1893. If you aren't familiar with the story, it's worth watching.

NATIONAL EXISTING HOME SALES REPORT

May 16th, 2007

The National Association of Realtors has released their report on first quarter home sales across the country. Here are some key findings:

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DEPARTMENT OF BUSINESS ECONOMIC FORECAST

May 15th, 2007

According to a release today, the Department of Business, Economic Development and Tourism is predicting moderate growth for Hawaii this year:

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RESIDENTIAL MARKET STILL ROBUST!

May 15th, 2007

This week in the Wailea and Makena residential market 3925 Wailea Ekolu in Wailea Golf estates closed for $3.85 million. That home is 4000 square feet with magnificent ocean views. 135 Waaula in Wailea Ka , listed for $999,999 has gone into escrow. That is a 1500 square foot home with a garden view in need of renovation. 77 Kainehe Place in Kai Malu, listed for $1.75 has gone into escrow. That is an 1800 square foot duplex. A vacant lot at 171 West Ike Kai in Kialoa is asking $969,000. 76 Kainehe in Kai Malu has been listed for $1.799 million.

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