Regarding Kihei Maui Flooding Mitigation:
Tom Cook, Maui Council Member who represents Kihei, will be holding a Town Hall Meeting tomorrow, February 12th, at 6pm at The Malcolm Center located at 1305 1305 N. Holopono St., Ste. 5. in Kīhei.
Category Archives: community
New Head Of School for Seabury
After an eight-month process that evaluated more than 72 applicants globally, Seabury Hall has named Nicholas Rodriguez as its next head of school. On July 1, Rodriguez, who is now the head of school of Tampa, Florida’s Corbett Preparatory School, will take over for Maureen Madden, who held the position for six years. Rodriguez has a solid experience in education, having held leadership positions at several schools and earned degrees from Greenville University and the University of South Florida. He is commended for his commitment to creativity, teamwork, and creating a positive school climate. Rodriguez’s ability to align with the school’s vision and values is something that Seabury Hall executives and its board are confident will usher in an exciting new chapter for the institution.
You can read the entire article via the Maui News here.
Tonight At Seabury Hall!
Celebrate the season at the annual Seabury Hall-iday tonight, December 6th 7:00 pm, with free admission and parking at Oskie Rice Arena. Enjoy student-created decorations, holiday activities, and festive highlights like the lighting of a 20-ft. Christmas tree, photos with Santa and The Grinch, and pop-up performances. Bring a new, unwrapped toy for Maui United Way’s Toy Drive and make this magical evening even more meaningful! Seabury Hall is located at 305 Meha Rd. Makawao.
Na Hale Kupuna Project
The Na Hale Kupuna Project is accepting applications from December 2-20, 2024, for seven affordable units in Maui for households of 1-5 people, aged 62+, who lived in Lahaina during the fires and meet income limits. Rents are 30% of income, with 12-month leases and pet-friendly options.
More information available here.
Maui Update
Aloha All!
Get ready to experience the thrill of enjoying whales. We are excited to announce the first whale has been spotted off the shores of Kaanapali. This is the beginning of yet another awe-inspiring whale season! These majestic creatures return each year to Maui to birth their young and continue the cycle of life. Get ready for a season of unforgettable encounters and cherished memories!”
Maui Update: The upcoming elections have caused many to sit back and wait to make decisions. The outcome will affect not only the United States as a whole, but also for Maui. Whomever is elected to the new Maui County Council will end up affecting Maui’s economy. There are several different bills and studies, the South Maui Plan as well as Mayor Bissen’s Bill that would affect some private vacation rentals. It’s very complicated and if you would like more details, please email us or call either Clint or Bob.
Concerned about what you’ve recently heard? Be cautious of misinformation: Make sure to verify any information you come across regarding changes in Insurance, Real Estate Laws or Contracts, whether it’s from blogs, newspaper articles, friends or other sources. Call us with any questions. We are here to help.
Speaking of statistics, in September 2024, U.S. existing-home sales fell by 2.5% from the previous month and 4.2% from the prior year, with a seasonally adjusted annual rate of 3.86 million units. Home prices hit record highs, with a median sales price of $416,700, a 3.1% increase year-over-year. Despite slower sales, NAR’s chief economist expects improved sales ahead due to rising inventory and potentially lower mortgage rates. On Maui, new listings for homes dropped significantly, pending sales rose sharply. Condominium Inventory has surged most probably due to the uncertainty of Maui County Government changes.
The real estate market on Maui has been significantly impacted by a combination of factors, including rising home prices, limited inventory, and the aftermath of recent wildfires. The demand for homes remains strong but is showing some signs of weakness. Local residents face challenges as housing affordability continues to decrease. The destruction caused by the wildfires in Lahaina and other areas has further strained the housing supply, leading to a surge in rental demand, especially long-term. As a result, property values in certain areas are expected continue to rise at a moderated rate, but uncertainty remains as the island works to recover and rebuild.
As we near 2025, many of our friends and clients are pausing to reflect on their goals and how real estate aligns with their overall life plans. Share with us what speaks to you, and we’ll offer insights to help you navigate your next steps. We are eager to support you on this journey!
Keep informed with our blog where local information and statistics are posted:
https://blog.mauirealestate.net/
Enjoy our informative radio program: https://www.youtube.com/channel/UChcOyThjgwJgO5fV72YQVtg
If you would like a copy of our newsletter to share let us know at dad@mauirealestate.net
Clint Hansen BIC R(B) 21616
808-280-2764
Bob Hansen PB R(B) 17532
808-283-9456
Donna D. Hansen R(S) 49765
808-280-1650
MAUI LUXURY REAL ESTATE LLC
The Hansen Ohana ~ Maui’s Real Estate Family for over 30 years
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