The Beauty Just Keeps Blooming!

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This land is located in Olinda where estate homes are listed in the $3M to $5M price range.  Build your own dream home with bicoastal ocean views!  Contact the Hansen Ohana today and find out more about this 26 Acre property!

Strongest First Quarter In The Past 4 Years

First Hawaiian Bank has some positive economic news to report.  This years quarter is the strongest we have seen in the past four years.  The bank conducts the Business Activity Report (BAR) on 16 different sales sectors.  Those sectors include autos, travel, and home improvement to name a few.  Sales of nearly $800 million were recorded, a record for any quarter to date, with all categories showing a positive gain for the first quarter.  Leading the gain was tourism posting a double digit increase from last year.  The entire article provided by mauinow.com can be viewed here.  With economy outlooks looking positive, now may be the time to consider buying real estate.  The Hansen Ohana, your full service real estate office, can  help you with any and all your real estate needs.  Contact us today!

Tax Deadlines and 1031 Exchange What You Need To Know

Yes it’s that time again.  Tax season.  For many this time of year can be quiet stressful.  It’s always best to get advice from a tax professional should you have questions regarding your returns and filing.  Different forms and deadlines may apply to those doing a 1031 Exchange.  Make sure you are in compliance and filing the correct forms.  You can find more information here courtesy of OREXO.

Great News On St. Patricks Day! Condo Sales Up!

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Wishing you a very Happy St. Patricks Day!  Condo sales reached a 5 year high in February topping the previous high of 98 condos sold in 2011.   Last month saw a total of 100 condos sold compared to January sales of 62 condos sold.  Kihei led the way for condo sales with 35.  Not only did the sales rise, meridian prices rose as well. The meridian condo price in February of $364,960 was a nice jump from January’s meridian price of $292,000.  Home prices also saw a rise in the market. Median price for a home sale in February was $550,000.  This is a 7% increase from the same time last year. You can read the entire article with more stats and sales by area via mauinews.com here. If you or anyone you know is interested in buying or selling property contact the Hansen Ohana for all your real estate needs!

Spending Is On The Up!

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After hitting a low in 2009, visitor spending on Maui has risen tremendously.  In 2012 spending increased 18.8% to $3.6 billion.   In just December alone, Maui visitors spent $357.8 million.  Arrivals via air were up as well for 2012 increasing 5.9%.  With all these visitors to our island, tourism based jobs rose 34,000 in 2012.  You can read more via mauinow.com here.  If you  or anyone you know is looking to buy or sell real estate on the Islands, contact the Hansen Ohana!