Wailea & Makena Homes

Wailea & Makena Homes News

We will be updating this site frequently to keep you up to date on all matters which might impact Wailea & Makena Homes. To look at recent posts that are no longer on the frontpage, please click on the appropriate category in the right hand column.

Please let us know if there is something specific you'd like us to keep you apprised of! Mahalo.

- Tom & Sean
Real Estate's Leading Edge

HAPPY BIRTHDAY!

July 3rd, 2008

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WAILEA CONSTRUCTION UPDATE

July 3rd, 2008

The Wailea Community Association has released its latest construction update and here are the key items:

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BEST AVAILABLE DEALS

June 30th, 2008

There are currently several special Maui real estate deals available in our mind. The first is a small oceanfront home in Maalaea asking $1.6 million. Astonishing views from this modest home. Unit 115 in the Royal Mauian, a two-bedroom in good, if dated, condition is asking $1.099 million. There are two units in Grand Champions that are under $500,000.

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FINALLY THE NEW PARK BEGINS

June 30th, 2008

Well, after years of waiting, the 40 acre regional park just north of Hope Chapel will commence construction in January:

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THE GREEN GREEN SANDS OF HOME

June 28th, 2008

The Dowling Groups' Maluaka in Makena, which is being built according to standards devised by the US Green Building Council's Leadership in Energy and Environmental Design (LEED), may have begun a trend in Maui real estate. Now Starwood has announced that their third timeshare resort at Ka'anapali will be going green.

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A MIXED PICTURE

June 28th, 2008

The news coming from the mainland housing market remains bleak, but there are a few causes for optimism. New home sales nationally fell in May to an annual rate of 512,000 units, down 2.5% from April. Exisitng home sales increeased 2% to just under a 5 million annual pace while median price fell 6 from a year ago. None of this is particularly good news. But there are a few bright spots. In California, declining prices led to an 18% increase in sales in May. How does this impact Maui real estate? As we have said before, this kind of data influences the willingness of mainlanders to buy real estate anywhere. Locally, the last nine homes in Moana Estates have been placed under contract in a bulk sale. For more details, contact us!

MAY TOURISM RESULTS

June 27th, 2008

The Department of Business, Economic Development and Tourism has released Maui's May Tourism results. Here are the highlights:

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MERRILL LYNCH WEALTH REPORT

June 24th, 2008

Merrill Lynch has released their wealth report for 2008. Here are some key findings related to real estate.

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HARVARD HOUSING STUDY

June 24th, 2008

Harvard's Joint Center for Housing Studies has released its 2008 State of the Nation's Housing. Here is a summary of the key findings and the likely impact on Maui real estate.

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THE LEADING EDGE STRIKES

June 16th, 2008

We are pleased to announce that Wailea Fairway Villas X-103 is now in escrow. That three bedroom condominium is listed for $1.325 million.