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| Issue 356 | December 29th, 2009 |
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| Aloha ,
In this newsletter:
REO Properties
Short Sales |
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Market Update
2009 is almost in the history books. It certainly has been a challenging year for many people, and especially those in real estate.
Fortunately, we were able to buck the trend again, and had another outstanding year with closed sales over $19 Million.
Although we are understandably proud of our accomplishments this year; we take even greater satisfaction in knowing that we helped many folks get some terrific deals as well as helping others sell their properties in challenging times.
We are looking forward to an even better year in 2010. If you are thinking of buying or selling, please let us know how we can best assist you in that process.
We want to wish everyone a very Happy, Healthy, and Prosperous New Year.
Have a wonderful week!
Mahalo Nui Loa,
The Smith Team
P.S. At times we hear about owners who are extremely motivated even though the price may not seem to reflect it. Such is the case with two oceanfront homes at Maluhia #5 and Makena Place #1. Don't be shy about making an offer on either of these properties.
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
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Market Watch for December, 28th, 2009
| Active | Pending | Sold | Change | |
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| Homes | 886 (376) | 213 (23) | 665 (92) | +6 |
| Condos | 1368 (253) | 223 (7) | 802 (148) | +1 |
| Land | 547 (168) | 41 (9) | 106 (29) | +12 |
| Total | 2801 (797) | 477 (39) | 1573 (269) | +29 |
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1. The numbers in parentheses reflect the number of listings over $1M |
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Short Sale. The home is very private and located on a flag lot within the Wailea Kailoa gated subdivision. The entry features a waterfall & small pond. Upon entering the large vaulted ceiling living room you see the prominent outdoor pool, spa and large gazebo. |
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This sprawling single-story floor-plan lends itself to both secluded relaxation and impressive entertaining - a quality and character that blends natural beauty with modern comfort. The stunning dual master suites have incredible indoor/ outdoor bathrooms. |
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Phenomenally located ocean view Makena estate within steps to famous One Palau’ea white sandy beach, Wailea and Makena resort activities, fine dining, golfing and tennis. This brand new single level luxury estate was constructed with elegance in mind. |
 2865 Puu Hoolai Street Kihei $432.9K (FS) |
Bank Owned. Great opportunity for first time buyer or investor. This South Kihei home needs updating but is in good condition.
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 5 Iris Place Kahana $599.8K (FS) |
Bank Owned. Open and spacious 4 bedroom / 2 bath single level home in Kahana Ridge. Upgrades include laminate flooring and new paint in the interior and garage.
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 3240 Waileia Place Kihei $890K (FS) |
Short Sale. Cash cow! This 4 bd. 4 bath home is divided in such a way to provide main house with 2 master suites, 1 studio or office, upstairs 1 bedroom, all with views, views, views! There is also a 2 bedroom ohana.
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Ho'olei T-6
Wailea
$1.75M (FS) |
Ho'olei offers a unique fusion of tropical beauty and luxury lifestyle awaiting you in the heart of Maui's most sought after resort area, Wailea. For those seeking the privacy of an upscale residence with the ease of a condominium, the exclusive Ho'olei in Wailea, Maui offers the utmost in modern luxuries, a stunning, natural backdrop and lavish resort amenities. |
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Offering privacy and special views of Molokai, Lanai, and our beautiful Maui sunsets. The amenities of Papakea include: tennis courts, putting greens, two large pools, and recreational spaces with BBQ areas. |
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Stunning remodeled unit. African mahogany wrapped beams with accent bamboo ceilings. Brazilian cherry wood cabinets with inlaid bamboo through out, further enhance this spectacular interior, stainless steel appliances, and granite slab counters complete the kitchen. |
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Huge Unobstructable Ocean Views from this 2 bedroom 2 bath 2nd floor remodeled condo. Rated "A" in the Destination Resort rental program. |
 Kamoa Views #201 Kihei $150K (FS) |
Ocean view, outer island views, pool view, easy to show. Studio ready to become your own. A desired building made of cement. Close to Charlie Young Beach. |
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 Puuone Towers #309 Wailuku $175K (FS) |
Short Sale. This 2 bd. 1.5 bath unit has been upgraded with tile flooring throughout. Stainless steel appliances and more. Enjoy nice mountain and ocean views from your own private lanai. |
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This email was sent to |
The Smith Team - http://mauisales.com |