Mid-Summer Newsletter

A LITTLE BOASTING FIRST!

We are very proud to announce that Hawaii Business Magazine awarded both Bob and Clint Hansen with the prestigious State of Hawaii Top 100 Realtor designation.  It’s important to note that there are over 10,600   licensed agents in the State of Hawaii and Bob and Clint are the first father and son on Maui to both receive this recognition.  It’s their hard work and dedication that set them apart from so many others.

LATEST REAL ESTATE STATS ~ Semi-annual figures released, Year to Date 2016

Statistics for Maui show the last few years continue to be a stable and orderly market.  Prices have been on the slow, but steady rise since 2011.  At the end of June the median Home sale price was $657,000 which is a nice increase from last year which was $607,000.   The Condo median price increased slightly from $355,000 to $384,000.  The month to month changes can be deceiving as Maui is a small island and the number of sales and sample is small.  A few sales can change the numbers significantly. Days on the market for both condos and homes remain fairly stable at about 4 months.  Days on market generally depend on how well a property is priced, or how is managed you may count with Mavi Unlimited Property Management to help it with it. Over six months on the Maui real estate market is considered to be a Buyer’s market. Under six months on the market is a Seller’s market.

The Global Market is a bit of a mixed bag.  Our Worldwide partner JUWAI reports that Asian housing markets show Hong Kong down almost 10% from last year, while Japan had a 5.5% increase.  Philippine market chats a healthy growth of 3.9%.  The Middle East price increases have slowed but are still showing some increases.  Qatar for instance reported a 9.7% increase compared to last years’ 27.81% increase.  Israel rose 4.52% while Dubai had a decrease of 9.26% (oil prices?)  The United States housing prices grew 4.29% while Canada grew 5.67%.

Summary:   While there is always local and international news that could affect the housing market, Real Estate has been and continues to be a store of value as well as one of the best ways to increase ones net worth and family security.   The current market is sustainable into the future and with the current and continuing low interest rates it continues to be a great time to buy.l and international news that could affect the housing market, Real Estate has been

Great News!  The new Wailea hotel “Wailea Residence Inn” is very close to completion, with the dust fences already removed, and expected to open in August.  Congratulations to RD Olson for a job well-done.

For up-to-date information regarding new projects for workforce housing, affordable housing to very high-end communities throughout Maui and the Hawaii Islands email us at dad@mauirealestate.net.

Behind the scenes, the Hansens work diligently on our marketing efforts utilizing the most effective resources and tools. They are now promoting listings in 3D with the new Matterport system. This cutting-age tool allows buyers to experience fully immersive virtual spaces that feel so real, it’s like being there. The models are easy to share with anyone with a computer or mobile device.

 

Mahalo for your continued support and loyalty!  Bob, Clint and Donna

Bob Hansen, Realtor® Principal Broker

Clint Hansen, Realtor® Broker-in Charge

Donna D. Hansen, Realtor® (S)

Information herein deemed reliable but not guaranteed and is subject to change.  If your property is presently listed for sale, this is not a solicitation for that listing.

Maui Luxury Real Estate LLC

161 Wailea Ike Place, Wailea Town Center Suite A-106

Ritz-Carlton Kapalua Residences

Phase 1 incentive launch of the Ritz- Carlton Kapalua Residences happening now January 20th 2015, to February 28th, 2015! 38 of the 73 available residences have already been reserved.   To ensure you reserve your top residence, you need to act now!

These one and two bedroom residences offer owners the amenities of not only the Ritz-Carlton hotel, but also the Kapalua Resort. Approximately 23,000 acres of natural preserve with trails, 6 beaches, zip lines, and retail shopping and restaurants.

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The list of services residence ownership entails is phenomenal.  24 hour housekeeping, owner discounts on Ritz-Carlton food, events and spa treatments, airport transportation are just a small few. The Ritz-Carlton is well known for its luxury and impeccable services and the Kapalua Residences will not disappoint. The privilege of ownership menu is available to view here.

Residences range from 824 sq. feet to 1646 sq. ft fully furnished and an additional 200-800 sq foot furnished lanai! Enjoy a luxuriously stocked kitchen that includes Wolf appliances, Ritz-Carlton flatware, and a choice between granite and corian countertops. Enjoy entertaining in your living room area with 55 inch HDTV and surround sound, custom designed furniture, and custom designed Hawaiian lithographs.   The bedroom area is just as luxurious with Ritz-Carlton bed linens and imported area rugs.   The features are not only impressive, but quiet expansive as well. The features list is viewable here.

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Let the Hansen Ohana help guide you through the registration process and represent you in the purchase of paradise!  As licensed Hawaii Realtors, we can make a selection on behalf of our clients and transfer that selection to the client within 14 days.  Within 30 days of the initial selection, the potential buyer must provide proof of financial ability to purchase.  Buyer should anticipate going to contract on April 20, 2015 with a 30% deposit and closing 30 days thereafter.

Now is the time to take advantage of the residence incentives available through February 28th!

Phenomenal Location with Breathtaking Views!

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1-1777 Honoapiilani Hwy

A Rare and incredible opportunity! 16 acres of natural bliss including ocean frontage and seasonal stream in a dream location of raw beauty and convenience, complete with a pebble beach.

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Just 7 minutes to the attractions of Front Street, approximately 15 minutes to the airport and conveniences of Central Maui, or a short 25-minute drive to the resorts of Wailea and Kapalua or the splendor of the Upcountry seasons.

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A tremendous opportunity for investment, a possible development, or a majestic legacy estate with multiple flat building sites. The possibilities are endless! A property with this much potential in a phenomenal, yet private location is extremely rare on Maui.

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This amazing oceanfront Olowalu location is limited only by one’s imagination. Owners are Licensed HI Realtors, Real Estate Professionals and/or developers.

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Let The Hansen Ohana help you make your dreams a reality. Contact us today!

Maui Real Estate Group

Year End Deadlines

For Homeowners on Maui and Hawaii counties, the deadline to file for home exemption is December 31.  If you miss the deadline you will have to wait until the next fiscal year to file.  More information and forms can be found on County websites.  For Maui, Real Property Tax Division and for Hawaii, Real Property Tax Division.

With the year-end scramble upon us right after the holiday season, it’s no surprise that many people feel stressed and unorganized.  The start of a new year is a great time to get organized, tidy up paperwork, and start preparation for tax season.  Need help getting started? Trulia has a great checklist for the 12 Things You Must Do Before The Years Over.  Great ideas for both homeowners, renters, and just those looking for organizational tips.

The Hansen Ohana hopes your holiday season has been a safe and happy one!

Luxury At Its Finest

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3166 Hoomua Dr.

Luxury Maui Retreat! This flawless 4,379 sq. ft. home boasts enchanting ocean and mountain views and is surrounded by a fully landscaped and sprinkler park-like gardens.

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The spacious, ocean view living room with sitting room extension opens to three lanais and enjoys a gourmet kitchen adorned by Viking appliances, blue pearl granite, and exotic custom cabinets made of African Sapele wood.

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An exquisite master suite and bath open to private lanai. Two additional bedrooms and three baths plus an enormous flex room perfect for an upstairs master suite or whatever you desire, completes the interior. Floors throughout this magnificent home are constructed with walnut vein Italian travertine or Brazilian ¾ inch wood planks.

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The tiled two-car oversized garage also includes a bathroom. Just moments to The Shops and Beaches of Wailea, yet tucked away on a half-acre of secluded paradise.

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 3166 Hoomua Dr.