Tag Archives: kihei real estate

May Lei Day Today

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The very first Lei Day was held May 1, 1927.  This now annual event is celebrated across the islands with music, food, and festivals taking place.  Each island has a different type of lei that is worn for the celebration.  Maui celebrates with the lokelani Lei.  A light pink sweetly scented flower.

Here on Maui, the celebration will continue through Friday with a concert by Brothers Cazimero at the Maui Arts & Cultural Center.  This is a May Lei Day annual tradition.  Concert time is 7:30 pm.

Have fun today celebrating the true Aloha spirit of the lei!

The Hansen Ohana Newsletter Spring 2014

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Aloha!


We are happy to announce we have moved to our new location in The Wailea Town Center.  We are now located in Building A, Suite 106, right next to the new Italian Restaurant, Matteo’s Osteria.  Please feel free to drop by.

Since our last newsletter that looked at 2013 ~ the year in review ~ there has been a lot of market activity. We thought it was important to update you about your neighborhood’s real estate activities for the first quarter of 20114, as well as other interesting information.

The past year has provided interesting perspective of what one might expect on Maui and Hawaii in general.  In most areas of the US, the market is on fire with multiple offers and very little supply.  On Maui we have been experiencing much the same.

A few weeks ago Donna and Bob attended a Bank of Hawaii economic presentation with Paul Brewbaker and then had the distinct pleasure of joining him for dinner.  The Hansens have been to numerous presentations by Paul and were excited to get to know him on a more personal level and to ask questions and get answers that were specific to the real estate market.

Many charts and graphs and a lot of data was received from his presentation and talks.  We won’t bore you with too much information, but will summarize what we think is important.

  1. The Fed funds rate is currently at less than one percent, but the target rate long term is 3.88%
  2. The Fed’s target for inflation is right on target at 2%.
  3. The Fed’s target for growth in Gross Domestic Profit is currently at about 2% and expected to go to 3% and stay there.
  4. More specifically for Maui and the real estate market:
  5. Prices are increasing at a reasonable rate currently at about 5% annually.
  6. Inventory will continue to be low as building permits remain at historically low levels.  Permits are hard to get.  Extremely tough workforce housing rules seem to be backfiring on the Maui County government.
  7. Price increases for the future into 2020 should be about 5% or possibly more annually.

 March 2014 year to date Statistics  for Maui:

  1. Island wide the median sales price for homes rose 13% year to date from $520,000 to $585,000.
  2. Number of homes sold dropped 7% from 209 homes to 194 homes.
  3. Island wide the median price for condos rose 10% from $368,000 to $403,750.
  4. Number of condos sold increased 17% from 265 units to 309 units.

***If you would like us to forward links to economic charts, weekly updates, etc., please email us and we will be happy to provide them.
Did you know that The Hansens currently have listings in many of Wailea’s most popular neighborhoods and complexes: Wailea Ekahi, Wailea Ekolu, Wailea Palms, Ho’olei, Wailea Beach Villas and Wailea Kai.
In addition to these we have vacant land listings in Haiku and Kula, a home in Kuau Bayview/Paia, and a fabulous Certified Organic farm with over 650 Maui Mokka coffee plantings and multiple living structures on 7.9 acres  in Lower Kula.  If you would like to view a video of Kupu Hou Organic Farm or would like more information on these or any other properties please call or email us any time.

More Hansen Ohana News:   In February, Bob and Donna attended the Christie’s Top Realtor Conference in Scottsdale Arizona, where they were identified as one of the 140 most successful real estate professionals in the Christie’s International Real Estate network and were awarded the distinction of “Christie’s International Real Estate Luxury Specialist for 2014.” Bob and Donna enjoyed the events and ability to network with other top producing Christie’s Realtors.  We are also happy to welcome Carol Russell, Realtor (S) back to our Ohana.  Carol has been living in Oahu, continuing her real estate career there for the past eight years.  We are so glad to have her back.

Our iPad and Tablet  are continually updated so if you like those apps they are there for you athttp://www.mauirealestate.net/tablet/

Your Neighborhood First Quarter Real Estate Activity is available on the following page.

We appreciate all of your support over the years and hope that you will continue to think of us if you or someone you know is considering buying or selling on Maui.

Mahalo Nui Loa ~ Bob, Donna, Clint & The Hansen Ohana Group

Earth Day

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Earth Day is considered a day to inspire awareness and celebrate the Earth’s environment.  Kupu Hou encompasses the true spirit of what Earth Day is all about.  The organic farm believes in working with nature in the growth and production of its many organic plants.  On over 7.9 acres, this unique property farms coffee plants, papaya, and sugarloaf pineapples just to name a few.

Come explore the beauty of Kupu Hou and realize what Earth Day is truly about.

Tips On Visiting Haleakala, Maui

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Haleakala is one of Maui’s most sought after activities for those visiting and residing on the island.  The volcano sits 10,023 feet above sea level.  Many people visiting choose to watch the sunrise early in the morning.  If your an early riser, wear warm layers and bring breakfast.  Food is not sold in the park so make sure to stock up if your planning to stay past sunrise.  Weather conditions are rather chilly, make sure to bring pants, shoes and layers!

There is plenty to do for the explorer.  With lush trails throughout the park, people enjoy hiking as well as horseback riding. Some hiking expeditions can last for three days and include camping.  The park contains many endangered wildlife.  You may delight in seeing the Nene, or Hawaiian goose, Hawaii’s state bird, or a flowering silversword blossom that take 50 years to bloom.

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There really is something available for everyone at Haleakala National Park.  A true Maui treasure thats enjoyed by travelers and locals alike.  Activities and resources for your trip to Haleakala can be found here.

Congratulations Bob, Donna and The Hansen Ohana!

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The Hansen Ohana is proud to announce that our very own Bob and Donna Hansen were awarded the prestigious “Christie’s International Real Estate Luxury Specialist for 2014”.  The Top Agents conference held this year in Scottsdale Arizona was attended by 140 of the most successful real estate professionals.  Training sessions and seminars were held by top experts and Christie’s executives.

The official news release courtesy of Christie’s International Real Estate is viewable below.  Then Hansen Ohana is a proud affiliate of Christie’s International.  Mahalo for all your continued support!

 

FOR IMMEDIATE RELEASE

Bob and Donna Hansen of The hansen OHana REAL ESTATE Group of Maui Estates International, LLC, were Awarded the

DESIGNATION AS ‘CHRISTIE’S INTERNATIONAL Real Estate LUXURY SPECIALISTs’ at Top Agents Conference

 

Specialist designation presented by

Christie’s International Real Estate and Christie’s Education

 

 

Maui, Hawaii – Leading The Hansen Ohana Real Estate Group of Maui Estates International, LLC sales associates Bob and Donna Hansen were awarded the distinction of “Christie’s International Real Estate Luxury Specialist for 2014.” The Christie’s International Real Estate and Christie’s Education specialist designation was awarded recently at the Top Agents Conference in Scottsdale, AZ.

Bob and Donna were identified as one of the 140 most successful real estate professionals in the Christie’s International Real Estate network, the world’s leading network of real estate brokerages and the real estate arm of Christie’s auction house. Criteria for participation in the conference included a requirement that each attendee be among the top 10% of sales for his or her Affiliate brokerage.

 

“We were delighted that The Hansens participated in our Top Agents Conference,” said Bonnie Stone Sellers, CEO of Christie’s International Real Estate. “Together with Christie’s International Real Estate and The Hansen Ohana Group of Maui Estates International], Bob and Donna Hansen are leaders in the luxury real estate market and is positioned to meet the needs of the world’s most discerning buyers and sellers of luxury real estate. This specialist symposium offered insights into marketing to the upper-tiers of the luxury market, and allowed attendees to explore ways in which to increase their level of service to clients through their exclusive connection with Christie’s International Real Estate.”

 

This two-day networking and educational event featured seminars led by top industry experts and senior executives of Christie’s and Christie’s International Real Estate. Topics included how to position a listing to attract buyers worldwide; negotiation strategies in the luxury end of the real estate market; how to take advantage of state-of-the-art global marketing techniques; and Christie’s perspectives on the art market and its connection to the luxury real estate sector.

 

Conference guest speakers included Milton Pedraza, CEO of The Luxury Institute, a leading voice about high-net-worth consumers; Michael Kamins, consultant with the Gap Partnership, which delivers negotiation advice to more than 350 corporate clients; Paul Hewitt, Managing Director of Growth Markets for Christie’s in Europe, the Middle East, Russia and India; Julie Reiss, Associate Professor, Christie’s Education; Paul Provost, Deputy Chairman, Christie’s Americas; and Jonathan Stone, Chairman of Asian Art, Christie’s.

 

“It is an honor to have Bob and Donna Hansen designated as a Christie’s International Real Estate Luxury Specialist,” said Bonnie Sellers. “This is a powerful tool that will not only help these agents distinguish their businesses within the marketplace, but will elevate their global standing in the luxury sector. I applaud their hard work and leadership and look forward to their implementation of new concepts and strategies garnered from the experience.”

 

 

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About Christie’s International Real Estate

Christie’s International Real Estate is an invitation-only Affiliate network composed of the world’s most proven and qualified real estate specialists in the luxury residential sector. The company has offices in London, New York, Hong Kong, Beverly Hills, Chicago, and Palm Beach, and more than 135 global Affiliates with 27,000 real estate professionals in 45 countries. For additional information about Christie’s International Real Estate, please visit www.christiesrealestate.com.