Maui Sales

Hawaii Real Estate

Maui homes For Sale

Great Time to Buy Maui Real Estate

Looking at overall market statistics for either the U.S. as a whole or for individual states, it is becoming increasingly evident that the market has found its bottom, and is in the very early stages of recovery.

Take a look at the Federal Housing Finance Agency website where they compare Hawaii, California, and Washington prices on a quarter by quarter basis with previous year’s figures. You can see that prices showed a dramatic improvement in the latest quarter.

In fact, California, which was hit the hardest actually bottomed out in the 3rd quarter of 2008, whereas Hawaii, reached bottom in the 2nd quarter of 2009. This is the normal pattern where Hawaii lags about 6 months behind California.

An additional impetus to price stabilization and improvement has been the extremely low interest rates. One of the reasons why interest rates have been so low is due to the Feds purchase of Mortgage Backed Securities. This program is ending in March 2010, so we expect that interest rates will most likely climb to the 6 to 7% range.

We want to wish you all a very Merry Christmas and a Happy Chanukah.

Have a wonderful week!

Mahalo Nui Loa,

The Smith Team

P.S. Are you looking for development opportunities? We have projects where we are looking for investors in the $3 to 100 Million range. Contact us if you are interested in learning more about some of the incredible opportunities available on Maui today. Five years from now, you’ll be very happy if you act now. This goes for any purchases that are made today. We are in the very early stages of a bull market for Maui real estate.

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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 Lindsey Taylor, 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.