Long time Hawaii economist Paul Brewbaker made a presentation on Friday to more then 100 people at the Realtors Association membership meeting. The “bottom” of the market has passed. Low inventory is driving prices upward. Brewbaker said the lowest point had occurred around 2009 and 2010. You can read more on the membership meeting, and Paul Brewbaker via the Maui News here. This photo is of our very own Hansen Ohana broker Bob Hansen with Paul at another successful Paul Brewbaker Economic Summary. If you or anyone you know is interested in buying or selling property on the islands, don’t hesitate to call us today!
Tag Archives: #market
What’s Happening In Wailea And Around Maui
The opening of Andaz Wailea: They are currently in the process of replanting the trees that were saved from the old site with an anticipated soft opening date of mid-late July 2013. The hotel has taken a green initiative and this is part of their LEEDS certification process. More information on the hotel and what it will feature are available at the Maui Anadaz website.
Maui County will begin replacing fixtures in restrooms at Polo, Wailea and Ulua beaches. The work should begin sometime in August and may cause some closures. Be sure to check for exact dates and times as the project grows near.
Manoli’s restaurant has been undergoing a remodel and anticipates beginning expansion to the kitchen area this fall. The bar area has been remodeled and new seating added.
Also underway are plans for changes to accommodate the return of the Old Blue Clubhouse. With hopes of opening next year, the work is scheduled to begin later this year.
Looking for fun events to attend? Mark your calendars for upcoming festivals. Maui Paintball is offering summer camps – the next session begins July 1. The Maui Jazz Festival scheduled for July 3 is at the MACC. July 6 is the popular Makawao Parade. September 20-22 are the Maui Marathon and Half Marathon. The Maui County Fair is October 3rd through the 6th. We hope your family is able to attend some of these great events.
The Hansen Ohana strives to keep our clients and friends updated with news, events, and valuable market trends. If you or someone you know is looking to buy or sell real estate on the islands please call or email us! Mahalo for your support!
Bob Hansen Appears In Promo
The Hansen Ohana, exclusive affiliates of Christie’s International Real Estate, is proud to announce our very own Bob Hansen has an appearance in the new Christie’s promotional video! You can view the video here. We appreciate the support from our family, clients, friends, and colleagues. Contact us today should you have a real estate need here on the islands!
Hawaii Room Rates Highest in US Market
Hawaii hotels took in the most revenue for the first quarter with $973.5 million thus far. A new report done by Hospitality Advisors LLC and Smith Travel Research have Hawaii in the top spot among hot travel destinations such as New York and Florida. If you factor in total hotel revenue (beverages, parking, etc.) the first quarter total jumps to $1.43 billion. A 14.7 percent increase from 2012’s first quarter. The Big Island saw the biggest jump in growth across the board for room rates and occupancy.
The demand, although likely to taper off, shows the strong growth of the current market. The entire article is available to view here curtsey of Pacific Business News. The Hansen Ohana strives to keep you up to date with the latest market new from throughout the islands!
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!
