Category Archives: Maui Real Estate

Two Open Houses In Wailea!

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Two Wailea Open Houses!
Today 9:00 am to 12:00 pm
Call Donna D. Hansen (RS) For Gate Access
808-280-1650
 
101 Waaula In Wailea Kai
 
One Block to Keawakapu Beach
Custom Designed
3 bedrooms/3 baths plus 2 half-baths
Incredible Kitchen with every amenity!
Private pool with melodic sounding waterfall
Fabulous Outdoor Lanai
Offered at $2,700,000
 
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3138 N. Noho Loihi In Wailea Pualani
 
Ocean View Two Story Home
Spacious Great Room opens to large deck
Huge Kitchen with tons of storage
Walk-in Pantry
Two En-suite Primary Bedrooms
Two Additional Bedrooms with bath
Large Lanai Surrounds pool
Water Feature
 
Offered at $2,700,000
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101 Waaula Pl

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Dynamite single level home in the popular Wailea Kai Community directly across from Keawakapu beach. Enter via custom gates as you pass down a path to a double door entry. As you enter this lovely home you will be astounded by the gorgeous lengthy entrance that leads to the oversized living room with voluminous ceilings. The gigantic chef’s kitchen is set up for entertaining & contains an electric cooktop, Wolf gas stove, double ovens, warming drawer, microwave drawer, refrigerator/freezer plus a second huge, built in, walk-in refrigerator, plus an incredible amount of cupboards. Entertaining continues through Fleetwood doors to a scenic lanai overlooking a beautiful pool with water feature surrounding by tropical gardens. There’s also the convenience of an outdoor built-in BBQ, plus refrigerator & so much more. The main bedroom which is privately located is very large with Fleetwood doors that also open to the pool and lanais. The main bathroom can actually be used as two separate bathrooms (one with a shower, the other a tub) or simply adjoin both solely to the main bedroom. There is a second ensuite bedroom located in the home’s second wing for privacy. The third bedroom is presently used as an office. There are two half-baths, one located by the hallway that enters the two-car garage area; while the other half-bath is convenient for guests as located by the living room area. Last but not least, there is an excellent photovoltaic system.

 

INTEREST RATES LOWER, WHY?

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Interest rates are geared to the 10 year treasury yield.  Let’s hope they hold here 

NOW MAY BE THE TIME TO LOCK YOUR RATE!

Information provided by Dan Bardenhagen of Northpointe Home Loans.

July 2022 Update

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Maui Luxury Real Estate LLC ~ The Hansen Ohana. ~ July 2022

As we enter the last half of 2022 the real estate market is finally calming down! Inventory is increasing and prices are stabilizing. Rumors of a recession are being suggested by some. Covid19 seems no longer to be a serious pandemic, more like a flu now but very contagious. It is something we will have to deal with in the future for years to come.

Maui’s Economy:­­­­­­­­­­­­­­­­­­­­ We continue to attend economic seminars and watch the market. Single-family home prices have increased over the last year by 13.6% to a median price of $1,255,500. Condos median price increased 53.6 % to $832,500. New listings of single-family homes only increased 1.4% but condominiums decreased by 18.6%. Inventory of single-family homes increased by 0.7% but for condominiums increased 3.2%.

Inflation continues to cut deeply into the value of the US dollar and the Fed indicating that they will most likely raise interest rates a couple more times in 2022, planning for your future should be at the top of your list. This could mean it is a great time to buy and a great time to sell. While many feel the hot market has ended most economists believe that prices will continue to increase albeit at a slower pace. This means that buyers might strongly consider getting off the sidelines and buying now before prices and interest rates go up even further. That may be starting to change.

On a recent webinar from Dave Ramsey, he points out there continues to be a Shortage of used housing inventory, Home starts are way down and Foreclosures continue to be way down. This lack of inventory should keep prices from falling, if at all. Due to the exodus from California their inventory may exceed demand, but the rest of the country should remain stable. On the demand side there are 5 million more millennial buyers, 12 million more overall households, and Investors are buying 1 in 4 homes. He also reminds us that even 6% mortgages is historically low even though we were spoiled by 3% mortgages. Very recently mortgage rates lowered to 5%. No one knows the future but we all know that real estate always has been a great store of value over the years. Maui continues to attract buyers at all price ranges.

Enjoy Maui Virtually!

Our Live Beach Webcam has sound so take time out of your busy life to enjoy the sounds of surf as well as wildlife by linking to https://www.mauirealestate.net/video.php?Size=Large

Wishing to virtually tour properties, open houses and 3D tours go to: www.MauiRealEstate.NET

For more detailed statistics go to: https://www.mauirealestate.net/real_estate_stats.html

Check out our BLOG: www.MauiRealEstate.net/blog

Tech tip: to scan from your phone www.evernotes.com/scannableapp

Bob Hansen PB R(B) RB-17532, 808-283-9456                 

Clint Hansen BIC RB-21616,  808-280-2764                                            

Donna D. Hansen R(S)  RS-49765, 808-280-1650                                                                                                        

MAUI LUXURY REAL ESTATE LLC

The Hansen Ohana ~ Maui’s Real Estate Family for over 30 years

Wailea Ekahi 40D

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Welcome to your oasis among the palms! This bright and airy, second-floor condo in sought-after Wailea Ekahi Village will soothe your soul. Completely renovated in 2021, you will love the open feeling as you walk in, and the soft light and gentle Hawaiian breezes from 16 windows and six ceiling fans—the AC is almost never needed. The soaring vaulted ceiling in the living room and kitchen add to the sense of light and space, and sunsets from the two lanais—one off the living room and one off the bedroom—bring an inspiring end to the day. The breeze in the palms lulls you to sleep, and birdsong greets you in the morning. The main bathroom has its own ceiling fan and features a walk-in rain shower with specialized tile that evokes gentle ocean waves, an open-air “elfa” closet that can be reconfigured to your needs, a full-sized washer and dryer, and rare attic access for extra storage. The second bathroom mirrors the first in its walk-in rain shower and serene décor. Additional ceiling fans in the kitchen and on the living room lanai, as well as in the bedroom and two in the living/dining area, keep you cool wherever you are. A few villas away is one of Wailea Ekahi’s three “quiet” pools, while the main pool and well-equipped pavilion are a few short minutes to the beach. Although the condo is weekly rentable, you may never want to leave!