Wailea, HI Real Estate News

By Steven Nickens, R(S)GRI ABR, Maui Real Estate Hawaii
(Wailea Realty)
MAUI REAL ESTATE MARKET! What is happening in the Maui real estate market? I do believe we are different from a lot of the mainland market problems. Maui has always been a destination for people looking for sun and great beaches. It is close to many U.S. cities and a pretty safe place compared to reports of violence in Mexico. With the dollar losing value Maui like other U.S. Markets has become a great value for foreign buyer's.  Residential sales on Maui has seen a decrease in home values and slower sales. This is not true for condos sales in the resort areas.  On Maui real estate market, prices are actually up 3% for the first quarter and the number of sales up a bit. So if you are looking to sell there still are a few things to keep it mind. Price as aggressively as you can to the mo...
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By Steven Nickens, R(S)GRI ABR, Maui Real Estate Hawaii
(Wailea Realty)
Okay Jet Fuel is going up! Hawaiian Airlines is going to increase inter island passenger fares to keep up with the increase in fuel.  I heard on the radio today that jet fuel cost around $7.50 per gallon and jets can hold up to 35,000 gallons.  With Aloha Airlines out of business this has put a strain on shipping and the number of seats available.  A couple of weeks ago I flew to Oahu and was surprise to see that Hawaiian Airlines was using there mainland jets to provide more seats.  Hawaiian will also be charging $25 charge on domestic flights for 2nd luggage.  This is becoming a trend with a lot of other airlines.  So much for carrying a surfboard to the mainland.  So we will all have to adjust with flying just as we are with our driving. The need to be more efficient with our vehicle...
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By Steven Nickens, R(S)GRI ABR, Maui Real Estate Hawaii
(Wailea Realty)
Here are the sale statistics for the first quarter of 2008 for Maui County. Single-Family median price Maui homes are down 3.6% to $602,783 for Maui, So there is diffently a softening taking place with residential sales.Actually condominium sales have been doing much better. With the median price up 6.2% to $587,000.  One reason that I see for an increase in condominiums is that Maui is still a great resort destination for snowbirds and sun worshippers.  With interest rates looking good and for foreigner's dollar, it is a great time to buy. We are seeing lots of Canadian buyers with there dollar so strong. Sales for condos in the first quarter last year was at 278 condos sold for 2007.  In 2008 the number of condos sold for the 1st period is 276 which is not much of a difference compare...
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By Georgie Hunter R(S) 58089, Maui Real Estate sales and lifestyle info
(Hawai'i Life Real Estate Brokers)
KIHEI MEDICAL CLINICS - SOUTH MAUI, HAWAII Need some medical attention when you're in the South Maui resorts?  There is no hospital in the Kihei/Wailea area, but you have some other options: Kihei Wailea Medical Center - help with any medical problem... family medicine, internal medicine and pediatrics. Pi'ilani Village Shopping Center, 221 Pi'ikea Ave. Suite A, Kihei HI 96753  (808) 874-8100 Mon - Fri 8 am - 8 pm Weekends 8 am - 5 pm Holidays 8 am - 1 pm Urgent Care Maui - Family Practice - multi-specialty clinic with a long history of serving Maui's residents and visitors.  X-ray and lab services.  Able to treat a wide variety of illnesses and injuries.  The ONLY clinic open 7 days a week 365 days a year.  24 hr medical services just a phone call away.  Medical doctors on call 24 hrs ...
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By Georgie Hunter R(S) 58089, Maui Real Estate sales and lifestyle info
(Hawai'i Life Real Estate Brokers)
 WHAT'S A VACATION CONDO?      KIHEI and WAILEA GOOGLE MAPIn Maui County Hawaii, zoning allows for short term rentals which are defined as anything less than 180 days.  In Kihei and Wailea this has created some exquisite hotels and resorts, and many great beachfront condo buildings which are suitable for short stays.  Many owners use their vacation condos for just a few weeks a year, and rent them out the rest of the time.  The south shore of Maui is famous for the sunshine, sandy beaches and warm climate, which really appeal to mainlanders and second home buyers.  For a truly enjoyable experience, there are many things to consider when shopping for a vacation condo to rent or buy on Maui.  Some things to think about before coming: structure type location amenities parking stalls pets m...
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By Georgie Hunter R(S) 58089, Maui Real Estate sales and lifestyle info
(Hawai'i Life Real Estate Brokers)
WAILEA IS ON FIRE! Just a quick post today to insert a picture of the Wailea Fire Station.  Now we all know that Wailea is really just a private planned community in Kihei, Maui - but it's trying really hard to be its own town.  There's plenty of very expensive real estate in Wailea, and those properties need to be protected.... hence this nice fire station located right on the edge of Wailea "town".  These guys are standing by and ready to put out fires in those multi-million dollar fairway estates and oceanfront homes.... and even some more humble abodes too.  Let's not forget all those fabulous vacation condos that need to be kept safe from fires.The Wailea market is HOT HOT HOT right now, as always.Got a burning desire to own a Wailea property?  Are you working exclusively with an a...
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By Georgie Hunter R(S) 58089, Maui Real Estate sales and lifestyle info
(Hawai'i Life Real Estate Brokers)
SOUTH SHORE GOLF COURSES           KIHEI MAP With over 15 courses in incredibly beautiful settings, Maui is a world-class golf destination..  Each year Maui hosts a number of tournaments, including: the Hawaii Open the Senior Skins - October the Ladies Skins - January the Mercedes Championship - January Here's a list of courses in the South side resort area  - Kihei, Wailea and Makena. ELLEAIR  1345 Piilani Hwy,  Kihei, Maui, Hawaii 96753  (808) 874-0777 Formerly Silversword Golf Course, it's located in the heart of Kihei close to the Maui High-Tech Park.  If you own a condo in the Hokulani Golf Villas, you will be looking out over these pretty fairways.  WAILEA  100 Wailea Golf Club Dr.  Wailea, Maui, Hawaii 96753  808 875-5111  This stellar golf resort offers three world-class 18-hol...
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By Tony Rees, R(S) ePRO, SFR
(Coldwell Banker Island Properties)
Il Teatro - the theater - is exactly that. An outstanding production of food. Entertaining, elegant, simple and sumptuous. This restaurant, located below Capische in the Diamond Resort, represents the best in good dining. This Chef's Table with refined wine/food pairings is open Thursdays through Saturdays with advance booking. Or, with 6 or or more in your party, is open any day you choose!Last night with a group of 16 friends and acquaintances we were treated to one of the best meals I have experienced in a long while - and for over thirty years I have traveled and eaten in dozens of coutries across five continents.Chefs Brain Etheredge and Chris Kulis performed together in synchronised harmony to turn out course after mouth-watering course.The evening began with a toast of Prosecco. ...
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By Georgie Hunter R(S) 58089, Maui Real Estate sales and lifestyle info
(Hawai'i Life Real Estate Brokers)
This week the Maui News put out a good article summarizing the Maui Real Estate market.  They stated that our market is more or less flat, as opposed to declining.  Average condo prices are up 4%, while single family home prices are down just 1%.  This is not surprising to those of us who are lucky enough to live in this wonderful island paradise.  They're not making any more Maui, so what we have is very much in demand.  Please read this article for a Market Snapshot of average home prices and inventory numbers.  Another member pointed me to a good article in Business Edge - a publication from Alberta Canada.  This is a great time for Canadians to be spending their money on second homes that they can use for vacations and possible retirement locations.There are many luxurious new devel...
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By Stephanie Perrault, Realtor Associate
(Coldwell Banker Residential Brokerage)
The Kihei Charter School--A 21st Century School of ExcellenceKihei is home to an extraordinary public school where 80 percent of the students go directly to higher education after graduation, withK-12 educational programs including the first middle school in Hawaii with a core Science, Technology, Engineering and Math (STEM) curriculum, a K-12 Hybrid Academy, a Performing Arts Academy in partnership with MAPA and Maui OnStage planned for August 2008, and a waiting list of parents who want their children to enroll.The Kihei Charter School opened with a high school program of 60 students (grades 10-12) in August of 2001. The school now serves 326 students. It is the only school on Maui with a local school board.Unfortunately, the State of Hawaii does not provide funding for Charter School...
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By Stephanie Perrault, Realtor Associate
(Coldwell Banker Residential Brokerage)
I am proud to announce the event of the year - "Valentine Red & White Ball" at The Grand Wailea Resort on February 9, 2008 from 6pm-9pm.  This event is to benefit the "Kihei Charter School". The school is seeking to raise $4M to make the dream of a state-of-the-art educational facility at the Maui Research & Technology Park a reality.  You can make a significant impact by making a monetary donation and/or contributing an item that can be placed in our Silent Auction or Raffle.As a token of our appreciation for your thoughtful donation your company name will be placed in our program and in the Maui News under the following categories: Diamond=$2500 Gold=$1000 Silver= $500   Emerald=$100   Bronze: under $100 South Maui needs the benefits that a 21st century education can bring to our chil...
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By Tony Rees, R(S) ePRO, SFR
(Coldwell Banker Island Properties)
2007 proved to be a great year for condo sales in Wailea/Makena. Sales rose from 189 units in 2006 to 233 units in 2007 - a 23% increase! And this was accompanied by less than 5% decline in the median price. Indeed, total sales volume was over $400 million in 2007! This compares with less than $345 million in 2006.This great strength in the face of challenges nationwide to the real estate industry attest to the popularity of Maui as a destination for home owners.Sales in the Wailea/Makena area were aided by a number of new projects that came on stream over the last couple of years. These included Kanani Wailea, Wailea Beach Villas, Kai Malu, Ho'olei and Wailea Town Center.In spite of the new projects coming on stream, the older established condo complexes still proved popular. These con...
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By Tony Rees, R(S) ePRO, SFR
(Coldwell Banker Island Properties)
Sales of Wailea/Makena single family homes were up from 29 in 2006 to 35 sales in 2007. And the median price on completed sales was up 2.5% from $2,060,000 to $2,112,000. Not bad given all the negative publicity and stats around national sales during 2007! It is also interesting to note that the gap between List and Sold price narrowed from an average of -8.5% in 2006 to -6.4% in 2007. Are owners pricing more realistically?!!FYI here are selective stats. I will shortly be providing more insights into Wailea condo sales and the trend in withdrawals and cancellations. Wailea/Makena Single Family Homes 2007 vs 2006 SoldList PriceSold PriceSold:ListDOMLiving SFTotal 2006 Median29$2,495,000$2,060,000-17.4%1832851Total 2007 Median35$2,125,000$2,112,000-0.6%1913006Versus 200620.7%-14.8%2.5% 4....
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By Hector M. Yepis Realtor Broker, TEAM MAUI Real Estate
(RE/MAX Island Properties)
Welcome to KANANI WAILEA.Kanani Wailea is a new luxury community designed to be a low density, resort style condominiums, located just inside beautiful Wailea. This ocean view neighborhood with only 38 units, has the privacy of free standing, single family two car garage homes. Extreme attention to detail of each steel framed residence features Monier tile roofs, stone veneer accents and Hawaiian Craftsman style detailing including gourmet kitchens features exquisite granite counter tops, Sub-Zero, Wolf, Bosch and Thermidor appliances and Leicht European-style cabinetry. Each home comes complete with a security system, generous voluminous ceilings, oversize doors, plus distinctive floors and windows. The Master Bedrooms Suites have spacious walk in closets. The community recreation cent...
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By Katy Foxwell
(Windermere Real Estate Wailea, LLC)
Aloha!  My name is Katy Foxwell.  I am a realtor with Windermere Real Estate Wailea, LLC.  If you are interested in home ownership in Maui, I can help you.  I have lived in Hawaii for over twenty years and I appreciate each day the privilege of living in this paradise.  Voltaire wrote, and I concur, "Paradise is where I am."  I wonder how many people can truly say the same of where they are!  I would love to have the opportunity to assist you in making the transition to Maui.  Please contact me if you are thinking of making the move!  My website is www.katyfoxwell.com and I can be reached at kfoxwell@windermere.com or (808)385-0882!  Best regards for the holidays!  "At your service, with Aloha!"
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By Gary Bland R (S) E-Pro, ABR
(Hawaii Life Real Estate Brokers)
Wailea Palms Maui Hawaii***********I really enjoyed taking this picture because I know that this pool deck offer one on the finest ocean views here in Wailea.  The water falls in the complex with many pools surrounding some of the units put you in the mood.  I have also explored many interior units knowing the construction and area is one of the finest around for the money.I will be glad to send you any information or pictures of this complex by e-mailng me questions and or inquries about this complex. gary@garybland.com  or you can visit mt FREE Maui MLS Search http://www.garybland.com/  and or my new site with condo and beach information FREE http://www.ultimatehawaiiguide.com/   Gary Bland R (S) 808-385-1265Century 21 All Islands ( The Shops of Wailea )www.garybland.com or www.ultima...
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By Gary Bland R (S) E-Pro, ABR
(Hawaii Life Real Estate Brokers)
I will let you know it is plenty of effort to keep going on this site and best of all it is free.  I am one to look at what you put into it you will get back out the same.  It is all about what you want to succeed in.  The number such as 100,000 really attracts me and this is my goal to have this done before the end of the year which is nearing quickly. Your Maui Referral Sorce!Please visit my web site and enjoy our market place.  www.garybland.comor enjoy my other FREE site www.ultimatehawaiiguide.com  which has all of the condo information, pictures and construction data. Gary Bland R (S) 808-385-1265www.garybland.com  Please note that many are visiting my site for over five minutes at one time.  Some are on there for hours.  Look for yourself.www.ultimatehawaiiguide.com  is another g...
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By Melanie Vitale
(Century 21 All Islands)
Aloha to everyone, This is my very first blog and look forward to learning from each of you about blogging.  I have started to read some of these and will figure this out as I go.  I hope to spend plenty of time for all that I have heard.I am wishing all of you a Very Happy Holidays. Melanie
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By Gary Bland R (S) E-Pro, ABR
(Hawaii Life Real Estate Brokers)
I am wondering if you can guess what time this picture was taken?  I get up very early each day to romp around taking pictures during the day to get the best lighting.  I can tell you that many people visit this beach each day.  I see just one and myself here this early.  Please be careful of this wonderful beach because the shore breaks are very large at times along with many getting swept out to sea by the under toe current.You can own a home in this area if you would like visit my web site for FREE www.garybland.com Please visit my other site www.ultimatehawaiiguide.com to view more beaches in Maui Hawaii.Gary Bland R (S) 808-385-1265Century 21 All Islands  FREE Maui MLS Search www.garybland.com   
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By Georgie Hunter R(S) 58089, Maui Real Estate sales and lifestyle info
(Hawai'i Life Real Estate Brokers)
About the resort           KIHEI MAPWailea Ekolu Resort is one of the more established Wailea developments, built back in 1979, on over 18 acres of sunny south Maui land.  The landscaping is tropical and lush, fragrant with plumeria.  There are only 148 apartments in Wailea Ekolu Village, which consists of 17 low-rise buildings, two picturesque swimming pools and several outdoor BBQ areas.  The low density feeling is enhanced by proximity to 3 world renowned golf courses. New listing by Jim Sanders Realty Inc:A serene and utterly irresistable condo that delights both owners and guests seeking rejuvenation and respite. Outrageous ocean views span the horizon while location and amenities soothe body and soul. The condo is situated on the 15th hole of the Wailea Blue Golf Course and provid...
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