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!

Contemplating A Move To Maui? Consider This…Lower Then National Average Unemployment

 

 

The appeal of living on Maui just keeps growing! Maui has the weather, the great recreational sports, and the beautiful surroundings.  Need another reason?  Low unemployment!  Maui’s seasonally adjusted unemployment rate for December was down to 5%.  That is a 1.9% decrease from the same time last year.  The national average for the seasonally adjusted unemployment rate was 7.8%.   2.8% higher then that here on Maui.  If you or someone you know is considering relocating to Maui, the Hansen Ohana has all the resources needed to call Maui home.  The entire article on Maui Unemployment can be viewed curtesy of mauinow.com.

IMPORTANT UPDATE…IPhone App for all Hawaii Real Estate & Important Stat update:

 

 

The Hansens strive to make your real estate transaction a pleasant, stress free experience. We know today’s consumers are more tech and Internet savvy then ever before. In a recent study provided by Google and the National Association of Realtors, 90% of homebuyers searched online during their home buying process. This is a 254% growth over the past 4 years. Our website http://www.mauirealestate.net lets you search for specific properties in certain locations, keep a watch on your favorite listings, and provides you with up to date information on the latest market news and trends. We value and appreciate our loyal friends and clients. In 2012 we had a miraculous 1,882,763 visits to our website! This is a direct benefit to sellers who list with us as their property receives exposure to potential buyers that just having a yard sign or occasional print ad just can’t do by our revolving featured listing program. In keeping with the trends of marketing and real estate, the Hansen Ohana was also proud to recently launch our very own IPhone App! You can download the app at no cost https://itunes.apple.com/us/app/hawaii-real-estate-app/id575072360.

Bob, Donna and Clint Hansen combined for over 70 successul real estate transactions in just the past year. Our success is due to a number of factors: reputation for integrity and a long history of solid performance, island wide knowledge and experience, our multigenerational family approach, extensive experience with International clientele and large referral base of satisfied clientele and industry professionals in addition to our strong internet presence. We represent a wide spectrum of clients and have the experience and contacts for almost any Maui property search.

For more information on the report from the National Association of Reatlors you can review and download the entire report here: http://www.realtor.org/reports/digital-house-hunt. We look forward to continued success and growth and working with both both new and returning clients in 2013! If you or someone you know is considering buying or selling property here on Maui please contact us at 1-800-291-5535 for a confidential consultation. We also have expert specialist available on all the Hawaiian Islands to assist those needing assistance with other Hawaiian Islands.

Condos! Condos! Condos!

 

 

Maui December stats are in!  Condo sales increased to a 33 month high of 138 units sold.  Maui  is one of the few markets experiencing multiple offers on properties due to an inventory reduction of 20% and properties being priced more competitively.  You can read about the market trends and sales stats proved by the Realtors Association of Maui here.  If you or someone you know is considering buying or selling property on the islands, don’t hesitate to contact the Hansen Ohana!