Maui Sales

Hawaii Real Estate

Maui land For Sale

Challenges for Home buyers

Top Challenges Home Buyers Face in 2017

There will be some challenges to overcome for home buyers this year.

Low Inventory – Simply not enough homes for sale for all searching buyers.  Last month active inventory dropped 11% nationwide.  So 2017 started off with record low inventories. High Prices –  Due to the competitive market home prices are moving to record highs. Mortgage Rates Rising – As the rates continue to rise buyers are feeling a sense of urgency to buy and lock in their rates now before further increases making demand intense. Worried First Time Buyers; Rushing Repeat Buyers – First time buyers are beginning to shy away from the market though with current mortgage rates in most markets it is still cheaper to buy than rent. Affordability is the top concern of first time home buyers.  Repeat buyers are rushing to buy now before rates and prices increase any further.
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About The Smith Team

Ken Smith, a Maui resident for 35 years, brings his extensive local knowledge and passion for the island to his successful real estate career. Alongside his daughter-in-law, Melissa Smith, and Greg Smith, the Smith Team provides a wealth of experience and dedication to clients seeking to buy or sell property in Maui.

Melissa Smith, a third-generation Maui native, combines her deep understanding of the island's growth with a commitment to exceptional service. She empowers clients with knowledge to make informed decisions in finding their dream homes. With a background as a top agent and a Broker's license, Melissa's expertise is invaluable.

Gregory P. Smith, a lifelong Maui surfer, channels his passion for the island and its natural beauty into his real estate profession. His enthusiasm, deep market knowledge, and dedication to exceeding client expectations make him an exceptional agent.

The Smith Team's combined local expertise, commitment to client service, and understanding of the unique Maui real estate market make them an ideal choice for those looking to navigate the island's property landscape. Their proven track record ensures a smooth and successful experience for both buyers and sellers.