Blog

Building on Maui Stalled by State Agency Backlog

Orlando and Rowena Baraoidan believed that rebuilding on a new lot in Central Maui would be a smoother process after their home was lost in the devastating Lahaina fires of August 2023. Instead, they find themselves mired in bureaucratic delays, unable to break ground on their vacant property due to a backlog at the State Historic Preservation Division (SHPD).

Nestled in the heart of Maui, Wailuku offers a captivating blend of rich history and vibrant artistry. Known for its charming streets and cultural significance, this historic town invites visitors to embark on a unique journey through time with its Wailuku History & Murals Tour. This experience not only highlights the island’s storied past but also showcases the stunning murals that bring the town to life.

Maui is facing a critical housing crisis, exacerbated by the devastating wildfires of August 2023. As thousands of residents remain displaced, the need for new housing has never been more urgent. Yet, a surprising roadblock lies in outdated water fixture regulations that limit the potential for new home construction.

As the real estate landscape in Maui County continues to evolve, September 2023 marked a significant milestone with housing prices reaching an all-time high. According to the Realtors Association of Maui (RAM), the median price for single-family homes surged past $1.4 million, while sales volumes saw a notable decline.

2024 Maui Real Estate – A Slower Market, But Here’s Why

The Maui real estate market has shown a significant slowdown in the third quarter of 2024, with rising interest rates, the Short-Term Vacation Rental (STVR) issue, and increased insurance costs contributing to the cooling effect. As a result, many sellers may be wondering why their property hasn’t attracted as much attention or received offers as expected.

When it comes to finding your dream home, especially in a paradise like Wailea, the location and community play a crucial role. Ho'olei is not just a collection of luxurious villas; it’s a lifestyle choice, a sanctuary that offers an unparalleled blend of natural beauty, modern amenities, and a sense of community. Here, we explore what makes the Ho'olei complex a sought-after destination for both homeowners and vacationers alike.

Hawaii's real estate market continues to attract buyers from both the U.S. mainland and international regions. The following is a summary of buyer statistics for Q2 2024, focusing on Oahu, Hawaii Island, Kauai and Maui. Understanding where buyers come from, their purchasing trends, and the value of properties they invest in provides valuable insights for both investors and real estate professionals.

The September 2024 Maui Market Report presents a detailed analysis of real estate trends, revealing key shifts in both single-family home and condominium sectors. Here's a summary of the insights from this month's data.

We have some thrilling news to share! Conventional loan limits have recently increased, allowing your clients to borrow more for their home purchases. This is an exciting development that opens up a world of possibilities for both first-time buyers and seasoned homeowners looking to upgrade.

Welcome to the charming 1 bedroom, 1 bath unit at Kalama Terrace, your ideal getaway or permanent residence! This beautifully updated condo combines modern conveniences with the serene surroundings of the lush grounds, making it a perfect choice for anyone seeking a slice of paradise.