The Federal Reserve is posting maps showing where the subprime issues are located. As you look for the impact on Maui real estate the closest you can find find the Honolulu market. It is instructive. Compared to a national average of 3.86%, Honolulu ranks eleventh nationally with only 2.29%. The average price of a home compared to the market's peak is 99% compared to a national average of 92%. The areas facing the biggest problems are Stockton and Riverside California with 8% delinquencies and 20%+ sales price declines. Other areas relatively untouched include markets like Seattle, San FFrancisco, Spokane and San Jose.

What does this mean for Maui real estate? It means that in major feeder markets, some have been impacted, but many haven't. It shows that Maui will likely remain largely immune from subprime fallout directly.

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