We are pleased to announce the sale of Makena Surf Unit B-107. This two-bedroom gem fronts a sandy beach and has been beautifully remodeled. The property sold for $3.55 million. We represented both the buyer and the seller. For details, and for all your Maui real estate needs, contact us! 

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We suppose that the Maui County Council reconsidering the  ridiculously ineffective Affordable Housing Law is a good thing. Number of affordable homes created by the law? Zero.

One of our favorite mortgage professionals in the Maui real estate business is Tricia Morris at Premier Mortgage. She's professional, thorough, creative and reliable. Here is her most recent newsletter on the mortgage market.

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The new York Times printed a useful article regarding mortgage backed bonds and the issues facing the Federal Government and the banks themselves in valuing these securities. While this might seem an esoteric topic, it lies at the core of the problems in the banking system. This doesn't affect the Maui real estate market directly in a major way, but it does impact buyers' thinking. Here are some key snippets:

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