According to Federal Reserve Chairman Ben Bernanke: 

Read More »

Bank of America will acquire the nations' largest mortgage originator Countrywide Financial according to the Wall Street Journal.

Read More »

 We have just obtained the latest tracking survey from the American Affluence Research Center ( a service we highly recommend) and as always it is full of useful information on the wealthiest 10% of Americans. Here are some key findings that apply to the Maui real estate market:

Read More »

We are pleased to announce that Hale Ilima, located at  3060 South Kihei Road, listed for $10.9 million, has been placed in escrow. The wonderful Keawakapu Beachfront home has created marvelous memories for the existing owner and we are sure it will do the same for the new owners. For more information on how this property was marketed, please contact us!
Read More »

The mainland real estate market may be troubled, and the situation in Maui isn't perfect, but if the first week of the new year is any indication, Maui has lost none of her allure. Here is some of what we have seen so far:

Read More »

This article came out a month ago, but we thought we'd revisit it as it discusses high-end Hawaii real estate and confirms some trends we have been discussing on this blog throughout 2007 and now into 2008.

Read More »

Ever since the credit crunch began in August, some economists have become concerned a national recession may be nearby. With the lousy jobs report this week, those concerns have become exacerbated and we thought our readers might be interested in what exactly a recession is and how it might impact Maui's real estate market. The traditional measure of a recession is two or more consecutive quarters of negative GDP growth. They are characterized by falling production, increasing unemployment, lower consumer spending and lower national investment. The Federal Government often tries to respond by cutting taxes and/or increasing spending while the Federal Reserve tries to stimulate activity by cutting interest rates.

Read More »

In 2007 Maui's real estate market had decidedly mixed results. According to the Realtor's Association of Maui (unscrubbed numbers), unit sales of single family homes increased 5% over 2006. The median sale price for those homes fell 9% year over year. The upcountry area and Hana were down more than that median while the major resort areas performed better.5% fewer condominiums sold island wide but the median sale price increased 6% in 2007. Ka'anapali and Maalaea were down considerably while Kapalua performed better than the median. Inventory for sale of all property classes has increased all across the island and average days on market has been extended by sixty days over 2006 levels.

Read More »