76ca203c-325b-47b3-8c41-d26c8d4a832b

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!

76ca203c-325b-47b3-8c41-d26c8d4a832b

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

76ca203c-325b-47b3-8c41-d26c8d4a832b

Coming Up This Weekend

Uma Kai of Kai Kompany will be hosting Art with Aloha at this Friday July 15th from 11:00 am to 3:00 pm at the Hui No’eau Visual Arts Center.  This free event is a great way to watch and learn about the art of tool and weapon making from local Native Hawaiian artists.  Event goers are encouraged to ask questions.  More information available here.

Also on Friday July 15th from 6:30 pm to 10:00 pm, the Obon Dance Festival will be taking place at the Kahului Hongwanji Buddhist Temple.  Obon season honors the spirits of those passed.  Festival will include dancing, food booths, taiko drummers and lots of festivities!  There is no charge for this event.

On Saturday July 16th, come out to Sugar Beach and help at this month’s beach clean up event.  Volunteers who come out to help will receive lunch and refreshments donated by local restaurants.  Clean up time starts at 9:00 am.  Be sure to wear sunscreen and bring water.  All clean up supplies will be provided.  This event is organized by Maui Surfrider.  Your support is greatly appreciated!

Enjoy the remainder of your week and weekend!

 

76ca203c-325b-47b3-8c41-d26c8d4a832b

Events This Weekend

This Friday, July 8th join Marc Takahe in SpiritDance.  The method of this dance is learning to move from the inside out.  Participants are encouraged to use inner expression in their outer dance.  Located at The Studio Maui, cost to join is only $15.00!  For more information or to register visit The Studio Maui website.

Seth Grabel from the hit television show America’s Got Talent will be performing this Saturday July 9th at the Maui Theatre in Lahaina at 7:00 pm.  Seth is a highly sought after performer who has appeared on such major networks as ABC, Extra, and Bravo.  To purchase tickets visit the Maui Theatre website here.

On Sunday at the Queen Ka’ahumanu Center, Maui Made Sundays will take place from 9:15 am to 5:00 pm.  Come enjoy this free event that includes live music, Polynesian entertainment, and locally made food and products.  The Queen Ka’ahumanu Center website has more information.

Have a great weekend!

Happy 4th Of July!