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November 2019 Maui Real Estate Stats
We endeavor to keep our clients and readers up to date on the latest Maui real estate trends and market changes, but it’s impossible to do that without quality data. Thanks to the monthly reports from our friends over at the Realtors Association of Maui we can provide you with accurate numbers, graphs, and statistics to help you better understand the current market on Maui.
Nationwide mortgage rates continue to remain steady and have even fallen below numbers recorded in November 2018 by over 1%. Low mortgage rates combined with year over year growth in the residential new construction sector make this an ideal time to purchase a primary residence or investment property. New construction on Maui is also on the rise with numerous luxury housing and workforce housing projects in development.
If you are planning on moving to Maui, or you are interested in investing here, contact the Smith Team today! With over 60 years of combined experience, we have the knowledge and the tenacity to find you the perfect property on Maui.
To view or download a full copy of the report you can visit the Realtors Association of Maui’s website here.