Statewide Buyer Stats For September

Canadians were the number one foreign purchasers of property on Maui from January 2014 to June 2014 with over $53 million.  Japan was second with over $6 million.  Within the United States, Hawaii ranked number one with purchases of over $285 million.  California was not too far behind ranked second with over $194 million.

South side of Maui had the highest number of transactions, with 368.  West side came in second with number of transactions but first in transaction amounts with over $297 million.

With an increase in travelers visiting the islands, there is an expected increase in home sales. West coast states as well as foreign buyers from Canada and Japan are the likely property buyers.  You can view more information on Buyer Stats courtesy of Title Guaranty here.  If you or anyone you know is looking to sell or purchase property on the islands, contact the Hansen Ohana today!

311 Door of Faith Rd.

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Exceptional North Shores OCEANFRONT Estate. Five permitted structures on two acres of land including 200 feet of ocean frontage in a very peaceful and private setting. The incredible ocean and cliff views and radiant surroundings are sensory delights!

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Imagine watching whales and dolphins play in Waipio Bay without leaving your own back yard. Even better – experience the thrill from one of three cliff side hot tubs! The landscaping is mature and lush with a wide variety of tall exotic palms, fruit trees (limes, lemons, oranges, grapefruit, papayas, bananas, lychee, starfruit, macadamia nuts, mangoes and more), bountiful organic veggie gardens and a beautiful screen house. Relax and rejuvenate in the breathtaking surroundings or refresh in your in-ground pool with waterfall.

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This dream property with a 4 bedroom main house, a 2 bedroom guest house, and a studio cottage ~ all built to focus on the dynamic ocean views ~ could be ideal as a family compound or retreat. There’s also a spacious studio above the 4 car garage and an additional studio garden cottage. Your very own Garden of Eden awaits ~ approximately 20 minutes drive from Paia or 30 minutes from the airport. Compare the Oceanfront Huelo Point Estate to other oceanfront properties and experience this incredible property and value for yourself.  311 Door of Faith Road

Great News!

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Great News!  Beginning November 20th, Hawaiian Airlines will be offering flights from San Francisco directly to Maui!  The airline will start with 4 flights per week and move to daily flights starting December 17th.  This will add more than 210,000 seats to the San Francisco and Maui travel markets.

Executive VP and Chief Commercial Officer Peter Ingram says these new flights offer another travel option for Hawaii residents to travel to the Bay Area, and for those in Northern California another reason to visit Hawaii!  You can view the article via CBS local news here.

 

 

July Stats 2014

 

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The current market has remained stable.  Well priced properties are receiving multiple offers.  Sellers are getting their properties appraised prior to listing to prevent escrow fallout should any unforeseen problems arise.

For sellers to compete in a competitive market,  pricing properties realistically and having creative terms (seller second loan, sale with lease back, etc.), may give a property an edge in the selling market.

Many buyers are still taking advantage of low interest rates.  Getting pre-appoved can help a buyer feel more at ease during the home buying process.  First-time homebuyers may want to attend a home buying workshop to help give them the confidence they need before making a purchase.

The Hansen Ohana strives to keep you up to date with the latest in real estate news and events.  You can view more regarding July stats via Realtors Association of Maui here.

Kuau Bayview Opportunity

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Incredible Kuau Bayview Opportunity!!! Great location close to the all Paia amenities, as well as beaches and parks! This 3 bedroom, 2.5 bathroom updated home is not a typical cookie cutter floor plan. It is bright and open, with beautiful arched window panes that allow natural light to flow through and has 9 ft ceilings in the downstairs great room that enhance the light and airy feel.

Ocean and mountain views can be enjoyed from the master bedroom, while indoor/outdoor living is a breeze with multiple lanais and a completely fenced yard. Fantastic location, lovely updates and a great price. The larger square footage of this home makes it a great value! Move-in ready! Fabulous opportunity calling…  34 N Laelua Pl.