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Top 100 Realtors

In June, both Bob Hansen and Clint Hansen had the honor of being awarded as a Top 100 Realtor in Hawaii! Congratulations to you both on a well deserved recognition!

Clint Bob top 100 pix 2016

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What’s Happening This Weekend

This Friday August 19th from 6:00 pm to 10:00 pm Maui Calls: Celebrating Vintage Hawaiian Fashion will take place at the Maui Arts & Cultural Center.  Enjoy delicious Maui food paired with premium wines.  This fundraising gala will feature live and silent auctions, live music, and dancing!  This event is a 21 years and older.  To view more information on this event including ticket pricing view the Maui Arts & Cultural Center page here.

Saturday August 20th from 9:00 am to 4:00 pm The Hana Cultural Center presents  A Taste of Hana.  Entrees will be served from some of Hana’s favorite chefs.  Lots of activities for everyone including arts and crafts, a petting zoo, local organic produce, and much more!  This event will take place at the Hana Ranch Store Fairgrounds.  More information available via the Hana Cultural Center.

Free entertainment Sunday at the Queen Kaahumanu Center for Maui Made Sundays.  This event runs from 9:15 am to 5:00 pm.  Maui made products will be showcased and live music throughout the day.  Information for this event as well as vendor applications for those wishing to participate available here.

Enjoy your week and weekend!

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Events This Weekend

On Friday August 12th, Reggae Summersplash will be happening at the Hard Rock Cafe in Lahaina from 9:00 pm to 2:00 am.  Enjoy music from Lambsbread & The Next Generation Band, Maui’s Gomega, and also DJ Boomshot.  Cost for the event is $10.00.  Information for this event available on the Hard Rock Cafe Lahaina website here.

The 9th Annual Seed to Cup Coffee Festival will be on Saturday August 13th.  This free event will run from 9:00 am to 3:00 pm at the Maui Tropical Plantation in Wailuku.  Coffee Brewing and Coffee Roasting demonstrations will be happening throughout the day.  Enjoy free tasting of Maui’s award-winning coffee, coffee beer by Kohola Brewery, coffee braised beef tacos, as well as some other tasty coffee sampling.  The Maui Coffee Association has more information regarding this event.

Sunday starting at 7:30 pm on August 14th is the Hawaii International Music Festival.  The finest classical music will be featured with Hawaiian culture.  This event will take place at the Maui Arts & Cultural Center.  Ticket pricing varies.  Pre-dining options available!  More information on this event available here.

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This Weekend’s Events

Friday July 29th at Mulligan’s On The Blue come to celebrate Soul Kitchen’s 4th Birthday at their CD Fundraiser event.  Soul Kitchen is currently working on an original CD of music.  Donating just $10 to this event can help with production costs!  This event will run from 7:00 pm to 9:00 pm.  Special guests and prizes throughout the evening.  Mulligan’s On The Blue website has more information.

Maui Science center is having a Winter Wonderland event on Saturday July 30th  at the Maui Harbor Shops in Wailuku.  All day admission is $8 with children under 2 free!  This family friendly event is great for all ages.  Build a snowman,  make an igloo, or just come to explore!  Proceeds from this event will go to the planning and development of the Maui Science Center.  The Maui Science Center website has information on this event as well as other ways you can help!

Also starting on Saturday July 30th, Rotary clubs of Maui will be having their 10th consecutive school supply drive.  This Saturday business donation locations are Longs locations in Kihei, Pukalani, and Maui Lani, Walmart, Kmart, Lahaina Cannery Mall entrance near Longs, and OfficeMax in Lahaina.  On Sunday Longs in Pukalani and Lahaina Cannery Mall entrance near Longs will be doing donations.  The rotary will hand out school supply wish lists and any patrons who wish to purchase items for donating can do so.  Your community support is greatly appreciated.

Enjoy the remainder of your week and weekend!

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Mid-Summer Newsletter

A LITTLE BOASTING FIRST!

We are very proud to announce that Hawaii Business Magazine awarded both Bob and Clint Hansen with the prestigious State of Hawaii Top 100 Realtor designation.  It’s important to note that there are over 10,600   licensed agents in the State of Hawaii and Bob and Clint are the first father and son on Maui to both receive this recognition.  It’s their hard work and dedication that set them apart from so many others.

LATEST REAL ESTATE STATS ~ Semi-annual figures released, Year to Date 2016

Statistics for Maui show the last few years continue to be a stable and orderly market.  Prices have been on the slow, but steady rise since 2011.  At the end of June the median Home sale price was $657,000 which is a nice increase from last year which was $607,000.   The Condo median price increased slightly from $355,000 to $384,000.  The month to month changes can be deceiving as Maui is a small island and the number of sales and sample is small.  A few sales can change the numbers significantly. Days on the market for both condos and homes remain fairly stable at about 4 months.  Days on market generally depend on how well a property is priced.  Over six months on the Maui real estate market is considered to be a Buyer’s market. Under six months on the market is a Seller’s market.

The Global Market is a bit of a mixed bag.  Our Worldwide partner JUWAI reports that Asian housing markets show Hong Kong down almost 10% from last year, while Japan had a 5.5% increase.  Philippine market chats a healthy growth of 3.9%.  The Middle East price increases have slowed but are still showing some increases.  Qatar for instance reported a 9.7% increase compared to last years’ 27.81% increase.  Israel rose 4.52% while Dubai had a decrease of 9.26% (oil prices?)  The United States housing prices grew 4.29% while Canada grew 5.67%.

Summary:   While there is always local and international news that could affect the housing market, Real Estate has been and continues to be a store of value as well as one of the best ways to increase ones net worth and family security.   The current market is sustainable into the future and with the current and continuing low interest rates it continues to be a great time to buy.l and international news that could affect the housing market, Real Estate has been

Great News!  The new Wailea hotel “Wailea Residence Inn” is very close to completion, with the dust fences already removed, and expected to open in August.  Congratulations to RD Olson for a job well-done.

For up-to-date information regarding new projects for workforce housing, affordable housing to very high-end communities throughout Maui and the Hawaii Islands email us at dad@mauirealestate.net.

Behind the scenes, the Hansens work diligently on our marketing efforts utilizing the most effective resources and tools. They are now promoting listings in 3D with the new Matterport system. This cutting-age tool allows buyers to experience fully immersive virtual spaces that feel so real, it’s like being there. The models are easy to share with anyone with a computer or mobile device.

 

Mahalo for your continued support and loyalty!  Bob, Clint and Donna

Bob Hansen, Realtor® Principal Broker

Clint Hansen, Realtor® Broker-in Charge

Donna D. Hansen, Realtor® (S)

Information herein deemed reliable but not guaranteed and is subject to change.  If your property is presently listed for sale, this is not a solicitation for that listing.

Maui Luxury Real Estate LLC

161 Wailea Ike Place, Wailea Town Center Suite A-106