Statewide Buyer Stats For September

Canadians were the number one foreign purchasers of property on Maui from January 2014 to June 2014 with over $53 million.  Japan was second with over $6 million.  Within the United States, Hawaii ranked number one with purchases of over $285 million.  California was not too far behind ranked second with over $194 million.

South side of Maui had the highest number of transactions, with 368.  West side came in second with number of transactions but first in transaction amounts with over $297 million.

With an increase in travelers visiting the islands, there is an expected increase in home sales. West coast states as well as foreign buyers from Canada and Japan are the likely property buyers.  You can view more information on Buyer Stats courtesy of Title Guaranty here.  If you or anyone you know is looking to sell or purchase property on the islands, contact the Hansen Ohana today!

International Home Buying Activity

images The National Association of Realtors has published a report on international buyers in the United States after collecting information for a 12 month period. China, Canada, Mexico, India, and the UK were the top 5 countries for international buyers with 54 percent.  In a 12 month period ending March 2014, over $92 billion in purchases were made by foreign buyers.

The Hansen Ohana is experienced in working with international clientele.  We strive to bring you the latest news in the real estate market.  For more information on the international home buying activity, you can view the report via the National Association of Realtors here.

Have You Seen “A”?

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The beautiful 394 foot white yacht named “A” has been seen off the Maui shoreline this weekend.  Owned by  Russian billionaire Andrey Melnichenko the yacht is estimated to be worth over $300 million, has over 23,000 square feet of living space, and costs over $20 million a year to maintain.   According to Hawaii News Now, the vessel had been spotted off Honolulu and Kona before making its way to Wailea.    You can watch a video tour of the luxury vessel via the Wall Street Journal here.

Maui Kula Lavender

A Day Upcountry

Most people think of Maui and imagine the beach with beautiful sunsets, warm ocean water, and sandy beaches.  Maui has a beauty that doesn’t get the same attention their beaches may get.  Known as Upcountry, there are a variety of organic farms, places to eat, and shopping to enjoy.

Kula Country Farm has delicious strawberries as well as other fruits, vegetables and flowers.  The Kula produce stand is located on the slopes of Haleakala offers fresh produce that is replenished daily.  The pumpkin patch and Christmas at the farm are two family friendly events.  Make sure to check their website for dates and hours of operation.

If you’re looking for something truly unique, you may want to try the tour at Organic Ocean Vodka.  Open daily from 9:30 am to 5:00 pm, tours run every 30 minutes with the last tour starting at 4:00 pm.  A great lesson in sustainable farming and preservation of the land and ocean, ticket prices range from $10 to $25 ($25 includes lunch).

In need of a pick me up?  Stop at Grandma’s Coffee for some organic coffee and fresh-baked goods.  Open 7 days a week from 7:00 am to 5:00 pm. Sit on the outdoor deck and enjoy the views of the ocean and mountains!  Surfing Goat Dairy has gourmet cheeses, goat cheese truffles, and some yummy cheesecake.  Bring your appetite with you!  It’s also a great place to get a gift basket!  Check their website for hours of operation.

After you get your fill of food and treats, you will want to do some shopping in Makawao.  Makawao Fine Art Gallery was founded in 1986 and has become one of the finest galleries in Hawaii. Works displayed are both local and nationally known artists.  At Worcester Glass Works you can watch the glass making process.  Original works sold on site in the shop!

Every third Friday, Maui Fridays is happening in Makawao.  Enjoy music, entertainment, activities,  and shopping.  A fun family event that everyone will enjoy.  Nights tend to be chilly so be sure to bring a light jacket!

Ulalena Anniversary

 

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Ulalena is celebrating 15 years!  Special KamaAina ticket pricing available for $20!  Ulalena shares the rich history of Hawaii through music, dance and instruments.  Named the Best Cultural Production in Maui (Readers Poll 2013) it’s a wonderfully entertaining way to become educated as well as entertained.  Leave with a better understanding about the spirit of Hawaii.  Tickets are available to purchase at mauitheatre.com.

 

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