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| Issue 393 | September 14th, 2010 |
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| Aloha ,
In this newsletter:
REO Properties
Short Sales |
Extraordinarily Uncommon
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Today’s economy has also taken a toll on Realtors®. In 2000, there were 1.6 million licensees, and by 2008, licensees reached its peak at 2.5 million. For the last 3 years, many have left our industry for other jobs. Read more. Maui is no different. We have approximately 1400 licensed Realtors® today. Given that almost half the Realtors® on Maui have not made a single sale this year, we suspect the numbers will be dropping further next year. Despite the challenges, we are on track for one of our best years since 2005 with 35 closed sales and 14 more in the pipeline so far this year. We attribute a great deal of our success to referrals from other Realtors®, past clients, and friends. Thank you so much! To show our appreciation, anyone who gives us a referral from now until the end of 2011, will be placed in a drawing regardless of whether or not the person buys or sells anything. We will have monthly prize giveaways and a grand prize drawing at the end of 2011 for a 2 night stay in an ocean view suite at the Fairmont Kea Lani Hotel, a $1450 value.
Have a wonderful week!
Mahalo Nui Loa,
The Smith Team
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
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Market Watch for September 13th, 2010
| Active | Pending | Sold | Change | |
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| Homes | 836 (317) | 222 (29) | 833 (105) | -3 |
| Condos | 1305 (222) | 266 (9) | 1104 (171) | -16 |
| Land | 600 (168) | 26 (9) | 140 (16) | +9 |
| Total | 2741 (707) | 514 (47) | 2077 (292) | -10 |
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1. The numbers in parentheses reflect the number of listings over $1M |
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Completely rebuilt by a master designer, this two level home is a private escape with horizon-wide views amidst Asian elegance featuring: exotic hardwoods, curved granite countertops, shoji screens, top-of-the-line appliances. Original art glass pieces and cast glass basins grace throughout. For health enthusiasts, there is a very quiet but highly effective state-of-the-art air (and vog) filtration system.
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This is an unbelievable steal. The Seahorse Ranch, an income producing property with unlimited potential. Limitless options, farming, ranching, entertaining or just relaxing. Imagine breathtaking panoramic views of the Pacific Ocean, Haleakala and the West Maui mountains.
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 747 Hana Highway Hana $324.9K (FS) |
This home to be sold as-is. Outside is done and inside still needs dry wall, plumbing, electrical, cabinets, and fixtures installed but are on property and included. A beautiful 4 acres in upper Nahiku.
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Bank Owned. Corner lot right in the beginning of the Legends subdivision. Two-story home, fenced yard, in need of major kitchen appliances. |
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 96 Alena Place Kihei $494.7K (FS) |
The lowest priced home in Kihei with an amazing pool. Single level, 1800 sq.ft 3 bedroom 2 bath, separate living and family rooms. Large kitchen/dining area. Light and bright with lots of windows. A/C and in excellent condition.
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Bank Owned. Best priced home in Wailea Pualani. Over $620K below the average price of two most recent sales in this subdivision. Act now this won't be available must longer. |
Kapalua Bay Villas 23B2,3,4
Kapalua $1.8M (FS) |
Ocean front one level 2 bd. 3 bath walk in from street with lanai enclosed for extra living and ocean viewing. Close to beach path at ground level or short walk to Kapalua beach. 3 pools at the Bay Villas and 2 tennis courts for added enjoyment. |
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Bank Ownedtwo bd. one bath condo at Aina Nalu. The complex is located in downtown Lahaina. Just one block from world famous, Front Street, a shopping and restaurant mecca and two blocks from Lahaina Harbor with its many activities and beaches.
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Bank Owned. Gated complex above the golf course in Ka'anapali is waiting for your remodeling touches.
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This unit is located along Wailea Alanui drive and is within walking distance to the Shop of Wailea shopping center. Within the shopping center one can enjoy many retail stores as well great sit in dining. The Wailea Ekahi condo complex offers multiple in ground pools, tennis courts and much much more. Ample parking under shady trees and within walking distance to white sandy beaches.
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 Pacific Shores B-303 Kihei $213.9K (FS) |
Short Sale. This unit has two parking stalls included. Property is currently rented. Property was extensively remodeled in 2005. |
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Bank Owned. This 3 bd. 2 bath ground floor units offer and open floor plan and exits onto a well maintained lawn . Conveniently located near the recreation area. Offering an in-ground pool, playground area and a work out room. |
 577 Laie Drive Makawao $199K (FS) |
Rare find: “double” R-3 zoned lot with good North Shore and Haleakala views. This lot is adjacent to Maui Uplands and includes a County water meter. |
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