Breaking Maui News From The Hansens

Hansen Ohana’s Maui News May 2020

Maui Luxury Real Estate LLC

We will all remember these times, staying at home to protect our loved ones from Covid-19. It is important to stay Real. Know what is actually happening and not be too optimistic and nor too pessimistic. One way to remember it is to take your “MEDS”. M is for meditate daily, relax and visualize. E is for exercise, very important for mental and physical health. D is for diet; you are what you eat. S is for sleep, get enough. These are good ideas for health and happiness.

Here is our real estate update as of May 15, 2020:

April shows a surprising resilience in median sales prices. Homes prices were up 1.6% since last year at $762,000. Condos were up 10.1% from last year at $569,000. Number of new listings were down about 25% for homes and about 9% for condos. Inventory as well as pending sales for April remained low for both homes and condos. For the first 13 days of May the market is still showing resilience with 27 properties pending for South Maui, 7 properties for West Maui, 5 properties for the North Shore, 10 properties upcountry and 22 properties pending for Central Maui. With low interest rates and low inventory, the market is still moving.

There are a lot of plans to build projects in many parts of Maui over the next ten years. Additional housing is needed on Maui for Maui residents. One project is the Wailea Hills development, they have a portion of the 75 units for sale in 15 separate buildings; they will have underground parking. They have beautiful floorplans, many with gorgeous views and good locations. Prices started in the mid $1.5’s million and up and seem to be selling pretty steadily. You can view them virtually, just let us know. For project info please email dad@mauirealestate.net and we will send you the link.

We are featuring our listings virtually as well. You will feel like you are walking through them enjoying every possible detail. We strive to utilize cutting edge technology with a personal touch and felt this would be a good way for people to view our listings, ask questions and perhaps find their dream house or a great piece of land to start planning your dream home. Just go to our website at MauiRealEstate.NET

Low rates and mortgage relief is available. Qualifications vary loan to loan as well as the potential impact to your credit, but it is important THAT YOU CONTACT YOUR MORTGAGE COMPANY AS SOON AS POSSIBLE if you are considering a refinance, new mortgage or mortgage relief. With so many potential buyers now glued to social media we have significantly increased our advertising online by offering additional video tours, and virtual open houses and tours as you can see by the links below.

Virtual Home Tours:

Maalaea Surf Unit E3    https://youtu.be/AGgg7qSvC68

Na Hale O Makena Unit D102    https://youtu.be/aZ2ummycqac

Walaka Maui Unit 305    https://youtu.be/9bAnpHTTLdU

153 Hokai Pl. Kihei   https://www.youtube.com/watch?v=xhokgwLacs8&feature=youtu.be

65 Hale Noho Pl., Wailea   https://www.youtube.com/watch?v=E1Rt8DAT8_0&feature=youtu.be

Matterport Links. https://www.mauirealestate.net/matterport/

May all good things come your way – laughter, gratitude, good health and good friends

Bob Hansen PB R(B)

808-283-9456

Clint Hansen BIC R(B)

808-280-2764

Donna Hansen R(S)

808-280-1650

Good News About South Maui’s New High School

A decision was made to build a pedestrian overpass.  The sad news is the projection date for completion is June 2023.  I haven’t seen any construction going on for some time since Goodfellow did the dirt work. This hopefully starts soon.

New Listings! Call To View!

99 Kealohilani St.

Large level gardens surround this four bedroom three bath home in popular “The Greens” in Maui Lani. The Satillo tile floors grace the main floor’s living room, kitchen and dining room areas. The granite countertops and spacious center island make cooking and entertaining in the large kitchen fun and easy. The five burner stove is a real luxury along with custom cabinets which lend the family chef with plenty of room for every need. There is one large bedroom and a full bath downstairs as well as a terrific sunroom to enjoy indoor/outdoor living. Upstairs there are two guest bedrooms, a huge master bedroom with walk-in closet and master bath plus a full guest bathroom. The gigantic garage has two parking areas entered through garage doors plus a third car parking area which is walled off for extra storage or whatever you have hoped for. The outside private shower and fantastic gardens offer avocado, star fruit, Meyer lemon, lime, orange, banana and lilikoi fruit trees. The gazebo is a fabulous retreat and gathering area. Convenient location.

Kauhale Makai #433

Oceanfront condo with great ocean views and central A/C? Check! Updated and fully furnished? Check! Fabulous complex amenities including 2 swimming pools, sauna, barbeque area, community laundry, volleyball, shuffleboard and more? Check! Here is your chance to own what might be the best 2 bedroom, 2 bathroom condo value on South Maui ~ priced below $650,000! Currently in an active short term rental program, come see for yourself why Kauhale Makai 433 is so sought after.

Possible Snow at Haleakala

Severe winter weather conditions closed down Haleakala Park yesterday at 1:00 pm as well as sunrise reservations were cancelled for today. Power was out at the summit throughout the night starting at around 4:30 pm yesterday.

Temperatures at the summit could go as low as 31 degrees today. Winds are expected to gust up to 40 mph. The windy conditions along with rain and possible ice make road conditions slippery. Recommendations are against visitors traveling on Haleakala Highway.

Kahului Airport Expansion

Kahului Airport is in the planning phase of a $36 million dollar improvement to the southern concourse. The improvements would add an additional 400 seats for travelers and an additional 27,000 square feet.

The goal is to keep the unique design the current airport has while increasing areas for walkway traffic, seating and enlarging restroom facilities. Also proposed is an outdoor garden deck that would feature native plants.

Construction will hopefully begin in early 2020. The first phase of the project is estimated to take a year to complete and phase two over two years.