May Stats Are In

More record breaking stats are in for May.  Residential sales of 105 homes in May were at a six-year high here in Maui.  The median home price for a residential home also increased 22% since last year to $540,000.  Condo sales remain steady and strong at 138 units sold.  Prices for condos also rose 12% since last year to $381,500.  On both Condos and Homes there is less than a 6 month supply on the market.  This brings us to a solid Seller’s market.  Here is a link to the real estate stats:  http://www.mauirealestate.net/All-May2013.pdf

We are again at a time where multiple offers are coming in on well priced properties.  If you are a first time home buyer looking to break into the real estate market, now is the time.  Low inventory is driving prices and statistics are showing this trend in the market will continue.  For sellers, having your property appraised and inspected in advance will encourage offers from buyers.  If you’re a buyer, getting pre-approved so your house hunting adventure can be done with the confidence that you know your loan will be funded is strongly encouraged.

The Hansen Ohana strives to meet all of your real estate needs.  Contact us today if you or someone you know is looking to buy or sell property here on the islands.  We are happy to assist you!

Super Value! 153 Hokai Pl.

Super value.  Seller motivated.  We can represent you in obtaining this value that is listed through another broker!  Read all about this listing here!  Contact the Hansen Ohana today!

MAUI354207V

April Stats Are In

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Sales in April continue to be strong.  77 Residential homes were sold.  Condos had a significant jump in sales up 41% with 143 units sold.  Inventory continues to be low attracting multiple offers from buyers especially on well priced property.  Very low interest rates still prevail.  Experts suggest getting pre-approved to expedite the home buying process.  The entire report provided by the Maui Realtors Association is viewable here.  If you or anyone you know is looking to buy or sell property on the islands, don’t hesitate to contact the Hansen Ohana!

Exciting New Updates To Our App!

Good news!  Our very own Hawaii Real Estate App has undergone many upgrades and changes to make your searches even easier!  Here are some of the improvements that have been implemented:

*Maui Search will now allow you to search by MLS number.

*Maps View of found properties is no longer limited to the first ten properties.

*Added Map View option to the Big Island and Kauai.

*You can view TMK data or share listings via Twitter and Facebook without leaving the app.

*Request Info screen now shows correct keyboard and number pad.

*Dialogs have been improved.

*Major speed improvements and optimizations.

*Maui search now correctly finds attached and detached Ohana cottages.

*Big Island and Kauai properties now display listing agencies.

*Saved Searches in Watch List now link properly to saved searches for Big Island and Kauai.

*Improved searches for individual condos from the detailed search screens.

*Oahu search now counts amount of found listings.

*Search results screen the “Show More” button has been upgraded.

*Message on Info Request screen is now sent.

*Countless miscellaneous enhancements.

As always we strive to give our valued clients and friends the latest in technology to help them with any and all their real estate needs.  You can download our iPhone and Android app for free!

http://www.mauirealestate.net/appsupport.html

We value and appreciate all of your support!  Mahalo!

Hawaii Home-Price Increases For March

Irvine based Corelogic has ranked Hawaii No. 5 highest for home appreciation for the month of March in comparison to the same month in 2012.  With an appreciation of 14.3 percent, Hawaii’s increase is almost 4% over the national average of 10.5 percent in March.  This increase trend which started in 2012 and has continued in 2013, is driving the market with the home buying trend.  You can read the entire article provided by Pacific Business News here  .  If  you or anyone you know is looking to buy or sell property, call the Hansen Ohana today!  We would be happy to assist you with all your real estate needs!