October 2008 Maui Real Estate Sales Statistics

October’s Sales Volume

Residential home sales rose to 79 units

Condo sales 46 units sold

Land sales came in at 4 lots sold.

October’s Sales Median

Residential Home prices dipped to $510,000,

Condos rose slightly to $402,500

Land is at $590,000

Days on Market

Residential Homes = 156 DOM

Condos = 199 DOM

Land = 93 DOM

“Year to Date Sales”

The numbers for Residential sales declined in number of sales, average / median prices and for total dollar volume sold. Condos and Land sold fewer units year-to-date however showed increases in average/median prices. Short time-frame (monthly) views do not necessarily reflect the longer time-frame trends.

Total sales for immediately past 12 months:

Residential=955

Condo=879

Land=132

Hi Bob & Donna, 

 

We wanted to take this opportunity to let you know that we just received notification that stated income loans with Fannie Mae as well as Freddie Mac are going to be discontinued by mid December. 

 

If you know of any clients that are “on the fence” and would be seeking stated income loans, it might be good if they bought something quickly in order to take advantage of that program. 

 

As both a banker & broker, we can provide you and your clients with all the options that only a broker can give you and the low rates that a banker will have access to.   Please do give us a call if we can help you close more transactions. 

 

Mahalo & Aloha 

 

Tricia & the Premiere Mortgage Team 

Hawaii’s Premiere Mortgage Company 

535 Lipoa Parkway, Suite 101

 

Kihei, Hawaii  96753 

 

808.874.8800 x116 / 800.813.7711 x116 / Fax: 808.874.1188 

email: tricia@mortgagemaui.com 

website: www.mortgagemaui.com 

Happy Halloween! Maui Style

Around 20,000 people expected for Halloween in Lahaina

 
LAHAINA — Halloween will be in full swing Friday, Oct. 31, on Front Street.     

Maui Police expect 20,000 people to show up, and the department will assign more than 50 officers to monitor the celebration and run at least one sobriety checkpoint for motorists that night.    

Under the direction of Officer Lawrence Kauhaahaa, police will close Front Street starting at 4 p.m. for Soroptimist International of West Maui and the Rotary Clubs of Lahaina and Lahaina Sunrise’s 30th annual Keiki Halloween Parade. All children under age 12 are invited to participate.     

Big-wave surfer, water safety officer and accomplished waterman Archie Kalepa of Lahaina will serve as grand marshall of the parade.     

The Lahainaluna High School Band and ROTC Drill Team will also march in the event.      Participants will begin lining up at 4:15 p.m. at the corner of Papalaua and Front streets. The parade will start at 4:30 p.m., continue down Front Street, and end at the Banyan Tree stage. All keiki in the parade will walk across the stage to receive ribbons and goodie bags.    

For information, contact Soroptimist International of West Maui Keiki Parade Chair Natalie Capitano at 205-9755.    

After the parade, police will remain and keep Front Street closed to vehicles until crowds dwindle.     Lahaina Patrol Capt. Charles Hirata stated that police will watch for disorderly conduct, including fighting and harassment, amid the large crowds of costumed revelers.     

The Maui County Cultural Resources Commission this year denied LahainaTown Action Committee’s permit for its traditional Halloween activities, including bands along Front Street, food booths and a costume contest in Banyan Tree Park.    

The Pioneer Inn will have a costume contest starting at 7 p.m. for cash prizes: $500 for first place, $300 for second and $200 for third. Gift certificates will be awarded for the funniest and sexiest costumes.     

Cost of admission is $5. Super G (Greg di Piazza) and his rock band will play music at the Pioneer Inn until 11 p.m. Call 661-3636 for information.    

Restaurants will probably be standing room only.    

“We have asked all of our employees to work and be in costume on Halloween night,” said Chad Sugai, manager of Lahaina Fish Company. They will have a full menu from 5 to 10 p.m. and a grill menu from 10 p.m. to 1 a.m.      

Longhi’s will stay open until 2 a.m., with dancing starting at 9 p.m.      

Kimo’s will serve their regular menu up to 10:30 p.m. and drinks until 1:30 a.m.     

The cover at Moose McGillycuddy’s will be $5 from 4 p.m., increasing to $15 at 11 p.m.    

At the Wharf Cinema Center across from Banyan Tree Park, keiki and adults can compete in the 25th Ghoulish Gala Karaoke Costume Contest    

Contestants, who must be in costumes, will sing their hearts out for a chance to win over $1,000 in prizes. The cauldron will be filled with Wharf Bucks, travel, activities, luaus, food, merchandise and more prizes.       This contest will begin promptly at 7:30 p.m.        

The fourth annual Keiki Karaoke Costume Contest will be held from 6 to 7 p.m. Contestants must be 5-12 years of age and in costume.      

Each entrant will receive a “treat” bag before howling away to compete for the grand prize of $100 in Wharf Bucks, movie tickets and more.     

Registration for both contests begins at 5 p.m. (up to 6 p.m. for the keiki contest and up to 7:30 p.m. for the adults).     

Admission and registration are free!     

“Queen of Karaoke” Toddy Lilikoi will emcee this “spookarific” event.      

After the contest, celebrate the night with Marty Dread at Cool Cat Cafe from 10:30 p.m. to 1:30 a.m.     Mulligan’s at The Wharf will feature Silky Ringo from 10 p.m. to 1 a.m., or  join the Blue Lagoon for live entertainment at 10 p.m.     

Wharf souvenir Halloween T-shirts and tank tops are available for purchase while supplies last at the T- Shirt Factory and on event night.      

Validated parking is available; entrances to the lots are located on Luakini and Wainee streets. Or, catch the Maui Public Transit from Kaanapali, Kapalua, Maalaea, Central Maui and beyond to the Wharf Cinema Center. For more information, call 661-8748.    

Lahaina Cannery Mall will provide a fun and safe place for the family to enjoy a night of Halloween magic, trick-or-treating, crafts, face painting and its famous keiki costume contest on Oct. 31.     

It all kicks off at 5 p.m. with magic from Brenton Keith & His Bag O‘ Tricks, followed by illusionist Kenn Serrano.     

More than a dozen prizes will be awarded in the annual keiki costume contest in three age groups (0-4, 5-8, 9-12), plus scariest costume, cutest costume and most-creative costume.     

The competition continues with the first-ever Maui Gold Pineapple Decorating Contest. Forget pumpkins! This year, grab a Maui Gold pineapple and dress it up to win big.     

Prizes will be awarded in three age groups (3-11, 12-17, 18 and up) for scariest, most original and most comical entries. Prizes include Kapalua Resort activities, Maui Gold merchandise and more. Visit http://www.mauipineapple.com for entry forms and full details.     

Come in costume. The entire evening of fun is free, so bring the whole family.    

Photos with Frankenstein (by Imaging Plus Hawaii) will be held from 5 to 8:30 p.m.       Trick-or-treating from store to store begins at 5 p.m. For more information, call 661-5304 or visit http://www.lahainacannery.com.    

Waiola Church will offer $5 parking on a lot along Wainee Street near Shaw Street, and sell hot dogs, hamburgers, chili, stew, rice, chow fun, water and soda at Campbell Park on Front Street from 4 to 11 p.m.    

For collectors, LahainaTown Action Committee Halloween T-shirts are on sale at the Lahaina Visitors Center in the Old Lahaina Courthouse, Lahaina Inn on Lahainaluna Road, South Seas on Front Street and the Pioneer Inn front lanai on boat days.     

September's Sales Volume

September 2008

Residential home sales rose to 65 units

Condo sales 48 units sold

Land sales came in at 6 lots sold.

September’s Sales Median

Residential Home prices dropped slightly to $535,000,

Condos held at $388,500

Land is at $272,750

Days on Market

Residential Homes = 176 DOM

Condos = 172 DOM

Land = 147 DOM

“Year to Date Sales”

The numbers are gaining relevance now that they include 3/4 of

2008. Short time-frame (monthly) views do not necessarily reflect the longer time-frame trends.

Better overview is available from these pages at the end of each year such as 2007’s Year End

 

Total sales for immediately past 12 months:

Residential=985

Condo=1,045

Land=147

 

Best of Maui

They’re heeeerrree!!! That’s right, the results from the 2008 Best of Maui Contest poured in big time and now we’ve conveniently put the winners on the internet for your viewing.

The Maui News readers sent in almost 10,000 ballots via the email and by regular mail from as far away as New York and Japan to our beautiful Hawaiian island in the middle of the Pacific. There were shy guys and wise guys, fun entries and boring ones. We thought we’d seen it all, until the next day’s pile of mail arrived.

As usual, our readers were very passionate about their favorite restaurants, activities and entertainment venues. You will be sure to find lots of fun surprises as well as some of the staple winners you’ve enjoyed year after year in the Best of Maui Contest.

We also had some quotes, below, from people who just loved food, period!

“I love the variety of foods and restaurants here on Maui. Whenever I walk in a restaurant I am greeted like ohana.”
– Sarah Macleod of Kahului.

Ahhhhh yeahhhhhh it’s all good!” says Sean Conley of Lahaina.

“When it comes to Food and Fun, Maui NO KA OI!!!” says Josefina Barbosa of Lahaina.

“Maui stands for Marvelous, Awesome, Unique & Ideal vacation & living.” – Brusso (visitor from the mainland).

“If you ask any tourist or visitor what they really enjoyed being in Hawaii? They would say ‘eating’ ”! – Iolani Chun of Wailuku.

Click on the links below to read & download the section

Pages 1-8 | Download
Best: Overall Restaurant, Sea Activity

Pages 9-16 | Download
Best: Wine list, New Restaurant, Air Activity, Ethnic, Brunch, Hamburger, Service, Chef, Value, Breakfast, Bakery, Happy Hour, Health Food

Pages 17-24 | Download
Best: Ambience, Sports Bar, Dessert, Noodles, Buffet, Night Club, Sushi Bar, Golf Course, Kid Friendly, Culture Program, Caterer, Pizza, Seafood

Pages 25-32 | Download
Best Resort Restaurant, Stage Experience, Land Activity, Club/Bar, Live Entertainment, Business Lunch, Steak, Luau, Coffee House, Plate Lunch, Pupu, Singles Scene, Cocktail Spot