According to a recent report from the economists at the University of Hawaii, 2012 was a “strong recovery year” for the County of Maui. “Tourism demand from all major markets will provide one more year of solid visitor gains that will bring the industry to a high level of capacity use. Construction is now poised to make […]
Tag Archives: Maui News
Economist's Point of View on Current Maui Real Estate
Paul Brewbaker, a leading economist in Hawaii discussed his analysis of the recent Maui real estate market with the Realtors Association of Maui on their gathering last Friday. A front page Maui News article on this view was published with a title “Economist: Real Estate at Low, Hard Times Gone“. According to Mr. Brewbaker, “if […]
Makena Beach and Golf Resort Sells for $95 Million
Formerly known as the Maui Prince Resort, the Makena Beach and Golf Resort sold at an auction yesterday.. Wells Fargo Bank, trustee of the mortgage lending trust group that foreclosed on the Makena Resort last year, prevailed with a $95 million bid to purchase the 1,800-acre property. This foreclosure process started on the Wailuku courthouse […]
Newspapers on Maui Focus on Maui Real Estate This Week
News of Maui real estate’s activities and status were in the front page of the newspapers on Maui in this past week. Based on the recently released May 2010 statistics report by Realtors Association of Maui (RAM) and some early statistics in June 2010, Maui real estate looks promising. Here are the links to the articles […]
Calgary To Maui, Non-Stop
Aloha again! My good friend and client, Guy Turcotte, just let me in on a great piece of information before he left home to Canada this past weekend. Starting December 5, 2009, Air Canada will be offering non stop flights between Calgary and Maui three times a week! Calgary-Maui flights will operate on Saturdays (beginning […]
Big Buyers Are Back!
A couple of weeks ago, Maui saw its largest closing to date this year. The 5,685 square foot house, positioned on a little more than half an acre of land on exclusive Keawakapu beach, sold for $11,250,000 cash! While it was listed for about $7 million more, it appraised at less than $10 million for […]