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| Issue 372 | April 20th, 2010 |
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| Aloha ,
In this newsletter:
REO Properties
Short Sales |
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Market Update
Typically the real estate market slows down after April 1st as the snowbirds and whales both depart Maui.
This doesn't seem to be the case this year, as Coldwell Banker opened 45 new Escrows during the first half of April.
You might think that the strength of the market had to do with the Homebuyer Tax Credit that is expiring on April 30th, but from what we see, this has had only a minor impact on sales.
We are seeing strong interest from Canadian buyers as their dollar is now at parity with the U.S. dollar.
Have a wonderful week!
Mahalo Nui Loa,
The Smith Team P.S. What a super deal! Kai Malu #21-B in Wailea just fell out of escrow. Hurry, this one won't last long. P.S.S. Maui continues to shine on as the star in the Hawaiian Islands. Read why.
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
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Market Watch for April 19th, 2010
| Active | Pending | Sold | Change | |
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| Homes | 900 (379) | 235 (30) | 769 (99) | +2 |
| Condos | 1309 (243) | 281 (17) | 918 (140) | -1 |
| Land | 557 (157) | 35 (5) | 124 (28) | -12 |
| Total | 2766 (779) | 551 (52) | 1811 (267) | -11 |
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1. The numbers in parentheses reflect the number of listings over $1M |
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Huge executive home on the ocean side of Keha. No power or phone lines to obstruct the magnificent panoramic views from lower and upper decks. Upper level is 2,264 sf residence, beautifully remodeled in 2004 with European kitchen, new sliding doors and windows on lanais, carpet, stone and bamboo flooring. The lower level is a separate 1,860 sf residence, currently configured as a caregiver's quarter. Virtual Tour. |
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Located on Kuau Point overlooking Kuau Bay and the world famous windsurfing beach, Ho’okipa, this private oceanfront estate is truly the most unique property on the North Shore of Maui. This house is hexagonal in shape with 180 degree ocean views from the northeast to the West Maui Mountains. Virtual Tour. |
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This private estate nestled in the hillside above Puamana, is only 5 minutes from historic Lahaina Town, but yet has a distinctively country feel. However, its distinguishing feature is the stunning panoramic ocean and multiple outer island sunset views. This classic design is functional with open, single story floor plan that is ideal for entertaining. Virtual Tour. |
 13 Kuapapa Place Kihei $239.9K (FS) |
Bank Owned. Functional 4 bedroom 1.5 bath house, but does need work. Nice back yard with park area behind you.
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 152 Luluka Place Kihei $334.9K (FS) |
Bank Owned. Great opportunity for contractor or investor. Property needs TLC
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This 3 bd. 2 bath plantation home plus a detached cottage located right in the heart of Lahaina. Close to school, supermarket, restaurant, and down-town Lahaina. Great starter home for a first time home buyer or an extended family. |
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Don’t miss this great opportunity to get into an established neighborhood in Ka’anapali. A residential golf course community in a desirable central location, it boasts 2 private streets with only 34 ocean view homes, convenient access to beaches, shopping, dining and the amenities of Ka’anapali Resort. |
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Short Sale. The most fabulous bi-coastal views along with one of the lowest priced homes in Kula on a per square foot basis. This 2 year old home Lindsey built home in Jacaranda Grove has over 3100 sq. ft. of living area plus substantial covered and uncovered decks. You’ll love the great room from which you can enjoy the picturesque views and Sunsets year long as well as entertain to your hearts delight. Virtual Tour. |
Ho'olei P-5
Wailea $2.1M (FS) |
Ho'olei is Wailea's new luxury planned community, located directly across from the Grand Wailea Hotel Resort and Spa. This exclusive neighborhood is comprised of 120 town homes. This 3 bedroom, 3.5 bath home offers a private entry and attached garage. You will feel right at home with features such as a private elevator, a gourmet kitchen with Wolf and Sub Zero appliances, and Snaidero cabinets. Virtual Tour. |
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Beautiful complete remodel with granite countertops, new appliances, big ocean views. Located just across the street from world famous Keawakapu Beach. Maui Hill is just steps from shopping, dining, or a day at the beach.
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 Ka'anapali Royal Q-303 Ka'anapali $499.9K (FS) |
Great ocean view. You truly have a sense of privacy in this fine 2 bd. 2 bath unit. If you like the views of Molokai this is for you. Virtual tour.
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 Papakea D-404 Honokowai $850K (FS) |
3 Bedrooms, fee simple, ocean view (2 bd. + loft) with 3rd bathroom in loft. Preferred floor plan with oceanview master bedroom. Many upgrades including new kitchen. Shows like a showroom unit.
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 Iao Parkside 8-103 Wailuku $152.9K (FS) |
Bank Owned. Terrific opportunity on this ground floor 2 bedroom , 2 bath unit. This unit includes a fenced in patio and yard area. Iao Parkside is located near restaurants, banks and ocean activities. There are shopping centers and the Maui Arts and Cultural Center within minutes away. |
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 Pacific Shores A-311 Kihei $238.9K (FS) |
Nicely upgraded unit boasting maple cabinetry, corian and tile countertops, 15 inch tile flooring, mirrored closet doors and much more. The location on the quiet side of the complex with a peek-a-boo ocean view plus the proximity to world class Kamaole Beach across the street are just a few of the pleasures afforded the new owner of this great opportunity. |
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The Cottages at Kulamalu - 3 Bedroom, 3 Bath plus den Pueo Model is one of the paired condominium new homes in a beautiful Upcountry community built by D.R.Horton-Schuler Homes. |
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