According to the Realtors Association of Maui (RAM), the numbers of single-family homes and condominiums available for sale are the lowest they have been for the last five years. Association President P. Denise La Costa, “There are multiple offers on properties. The buyers understand the steals are gone. There aren’t any steals.” Right now the […]
Tag Archives: REO
Maui Condo Sales: Highest in 5 Years
Condominium sales on Maui hit a five-year high in February, which is a great sign for the Wailea Real Estate market. According to the Realtor’s Association of Maui, there were 100 condos sold last month as opposed to only 62 in the month of January. While there are still over 100 Wailea Condos For Sale on […]
Inventory is shrinking for Kihei REO properties
Right now there are 6 pending REO home sales in Kihei and only 1 active listing. If you’ve been looking for a deal for a Kihei home you might be asking where did all the REO listings go? We monitor the South Maui real estate market very carefully and noted a significant milestone for bank […]
Wailea homes – real estate activity in first half of February
Here’s a recap of newly listed Wailea homes for sale including price reductions in Wailea neighborhoods. This Wailea real estate update also includes recent pending sales and a list of Wailea homes sold so far this month. New Wailea home listings Wailea Highlands 4340 Melianani Place (MLS #351224) just recently came on the market priced […]
Kihei oceanfront home on Halama Street sells for over $3 Million
Here’s a quick update with the latest news in the market for oceanfront property in Kihei, South Maui. The South Maui real estate market has been busy and there has been a lot of activity for Kihei Bank owned homes. We just sold an REO property on Halama Street that is actually an oceanfront home […]
Maui Bank owned home and condo sales up 55% in 2011
The number of sales for Bank owned homes and condos on Maui (commonly known as REO Property) has increased by more than 55%. For the first 6 months of 2011 Maui had 129 REO home sales and 142 REO condo sales which is a sharp increase from the first half of 2010. The charts below […]
Wailea Ekolu: Deal of a Lifetime
There are currently 2 distressed Wailea Condos on the market in the greater Wailea/Makena Resort area, one of which is offered in the highly sought after community Wailea Ekolu. Wailea Ekolu is one of eight Wailea Condo communities that permit owners to rent out their homes on a short term basis. The neighborhood was built in […]
Maui Voted Best Island in the World, Again!!
Stand-Up Paddle Surfing + Snorkeling – 2 of the many reasons why Maui is #1 I’ve recently written about many of the reasons why Maui is so special. The outstanding beaches, unbelievable hikes, wonderful surfing, world-class dining, endless shopping – the list goes on and on. It is no wonder why the readers of Conde […]