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Aloha ,
In this newsletter:
Short Sales
Homes
Condos
Land (0)
New Properties (0)
Price Reductions (0)
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Kula Koa
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Market Update
Boomerang buyers are those who previously could not qualify for a mortgage but can at a later date. With mortgage guidelines relaxing and it being tax season it is a great time to revisit home purchasing options.
As the economy continues to recover people are making more money than they have in past years. Mortgage companies have introduced new programs to help buyers who have trouble saving up for that scary down payment. Lenders are also offering flexible terms for those with poor debt to income ratios due to student loans or car payments.
Your credit can recover a lot faster than you may think. 81% of those who lost their home in a short sale are unaware they can purchase again after only 2 years. 79% of those who lost their home are interested in buying again, 46% of which say they plan to purchase in a lower price range than the first time.
Have a wonderful week,
Lindsey for The Smith Team
Ken, Melissa and Lindsey
P.S. - Tune in to watch A&E's new reality TV Show "Surviving Marriage" which was shot in remote parts of Maui. The show drops couples on the brink of divorce off on a "remote island in the Pacific," and follows to see if they work out their marital issues. There is no mention of Maui or Hawaii.
P.S.S - For Daily updates on real estate and anything Maui, check out our blog at Maui Sales Blog!
Melissa Smith R (B), Ken Smith R (S)
Market Watch
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Active
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Pending
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Sold
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Change
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Homes
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600 (304)
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244 (36)
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962 (169)
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+6
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Condos
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909 (225)
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224 (32)
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1196 (167)
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-1
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Land
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358 (135)
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36 (7)
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165 (25)
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+1 |
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Total
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1861 (664)
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504 (75)
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2323 (361)
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+6
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1. The numbers in parentheses reflect the number of listings over $1M
2. Sold listings are for the previous 12 months.
3. Change is the increase or decrease in number of active listings from the previous week.
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Homes Over $1M
Homes Under $1M
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67 Moani Place
Wailuku
$333K (FS)
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This beautifully maintained family home has been showed lots of love over the years. Come and see this lovely 2 bedroom home on private Moani Place in Wailuku. The high ceilings throughout create a spacious feel in this 2 bedroom and 1 bath plantation home.
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209 Halona Street
Kihei
$685K (FS) |
Spacious beautifully renovated home boasts, high open beam ceilings, bamboo flooring, new kitchen with cherry wood cabinets and granite countertops, stainless steel appliances, gas stove.
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55 Paalae Place
Wailuku
$728K (FS)
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Located in the highly sought-after gated community below Wailuku Heights is this low density subdivision known as Koa at Kehalani. This elegantly appointed Fully-Furnished turnkey luxury home features a modern kitchen with maple cabinets.
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2684 Kamelani Loop
Pukalani
$749K (FS) |
Price Reduced - Ocean views alert! 3 bedroom/ 2 bath home on 2 all useable acres in Haiku with completely remodeled single family residence plus 3,840 sq. ft steel ag/building garage/workshop with loft, which has 1/2 bath w/green toilet.
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100 Ihe Place
Kula
$899K (FS) |
Beautiful kama'aina home in quiet Kula neighborhood on 1.2 acres (rural 1/2 acre zone) with TWO water meters! . Includes 'ohana unit, large greenhouse, and mature landscaping.
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Vacation Condos Over $1M
Vacation Condos Under $1M
Kuau Plaza #208
Paia
$299.5K (FS) |
Just steps away from the magnificent Mama's Fish House beach, where glistening tide pools, rolling waves and soft sand await you. This immaculate unit was remodeled to perfectly suit the beach lifestyle including easy maintenance flooring.
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Kahana Reef #208
Kahana
$465K (FS) |
Direct oceanfront 1 bedroom, 1 bath condominium, with unobstructed views of the Islands of Molokai and Lanai. Enjoy this incredible view with morning coffee and evening awesome sunset views. Photograph the whales from your private and comfortable lanai.
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Maui Kai 308
Kaanapali
$745K (FS) |
While sitting in your living room you will be able to view Lanai, Molokai, sunset, whale watching and sandy beach. Enclosed lanai which enlarges the unit to 704 square feet.
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Residential Condos
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Maui Gardens #D-101
Kihei
$299K (FS)
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Maui Gardens is a South Maui Treasure combining convenience with a sense of seclusion. Nestled right off South Kihei Road and just steps from the beach; the setting puts any potential buyer within walking distance from almost any amenity.
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Kehalani Gardens #904
Wailuku
$319,950 (FS) |
Fantastic 2 BR, 2.5 BA townhouse style condo with fresh interior paint. There are private bathrooms in both bedrooms. All appliances included.
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Villas at Kehalani 2701
Wailuku
$540K (FS) |
These elegant homes brings a taste of Wailea to Central Maui. With a location just below Wailuku Heights, breathtaking views and cool mountain breezes are just a few of the outstanding amenities featured in this luxury townhouse community.
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Vacant Land
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2721 Keikilani Street
Pukalani
$257K (FS) |
Ocean views await if you choose to build a two story home on this oversized 10,000 sq. ft. vacant lot that cozies up to the Pukalani Country Club Golf Course.
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