About Short Sales and Foreclosures

If you feel trapped in an underwater home and don't know what to do, here are articles that may help sort your options out. For consultation for your specific situation, please call Kathy. Don't wait!

August 2012: Maui Real Estate Sales Experience Summer Slow Down

2012_08MauiMarketSnapshot

It looks like Real Estate decided to take the summer off! It is normally our slowest time so this is not a big surprise. Over the year, median prices are up 13-19% while average prices are down 15-20%. What do you think is causing that? The bottom is past; people are willing to pay more while … [Read more...]

June 2012: Maui Real Estate Trends Up

2012_06MauiMarketSnapshot

Up, Up and Sideways Just take a quick look at this snapshot for Maui Real Estate Trends for June 2012. Sales are up for both condos and houses. Prices are up for both condos and houses. Days on market is still a mixed bag that is strongly influenced by number of SLOW Short Sales. The Market is … [Read more...]

Short Sales Success: Are Things Getting Better?

Mau Short Sales Since 2011

Agents feel like short sales are getting better but thinking about it has prompted me to do an update on my 2010 article  What Happened To That Short Sale?  I had asked the question looking at  Potential Short Sales that had been listed in 2010.  Now I've updated that data with some very … [Read more...]

Are You Looking for HUD Homes?

Want to find a HUD home and Live on Maui?

I am often asked, "Where are the HUD Homes for Sale?" The simple answer is "Not in Maui." A search today on the HUD site shows that in all of Hawaii, there is just 1 listing in Kauai.  There are dozens of "HUD" sites that advertise homes in ALL 50 states. Caution: they are not run by HUD and they … [Read more...]

Recent Sales 38% Distressed and 50% Cash…

Are Distressed Properties a Good Deal?

View All Areas Snapshots View Full Trend Report View Foreclosure ReportThe numbers tell the story.  While distressed properties (bank-owned and short sales) are only 18% of the total active and pending listings, over the last 6 months, they've constituted over 38% of the sales. They are defining … [Read more...]

Kapalua Amazing Best Foreclosure Buy!

Rarely do we see great deals like this. The last similar sale was for $830,000! Let's see $830,000 or $574,500 -- Which would you prefer? This unit may not have as good of views but you don't want to miss this! Foreclosure property for those with luxury tastes in the exclusive Kapalua area! A must … [Read more...]

Average Price of Homes Up in the Maui Market

2011_09MauiMarketSnapshot

View All Areas Snapshots View Full Trend Report View Foreclosure ReportI'm noticing a few interesting trends that everyone buying and selling should be aware of:Median sales prices are still declining but at slower rates.   Bargain hunters and first time homebuyers are still out there in droves … [Read more...]

Foreclosures Delayed — Now How Long Will It Take?

Foreclosures

The other day I ran into a friend who lives in a house that has been in foreclosure. I asked him what is happening. He said they had an auction scheduled. Then it was delayed and rescheduled. When it didn't happen, he found out that the foreclosure was cancelled due to the new Hawaii Foreclosure … [Read more...]

Up and Down and Round and Round…Maui Market Trends

Shifting Buckets!

View All Areas SnapshotsView Full Trend ReportView Foreclosure Report I read through Terry Tolman's market analysis report "Mixed Results for Real Estate Sales on Maui in the Maui News this morning. I often disagree with the "message" that his report sends but today I found it decently accurate. … [Read more...]

Video: What $100,000 Buys You on Maui

Wavecrest

Aloha! Today I looked at what $100,000 can buy you on Maui. By far the most frequent call I get is about a Maui beachfront property for $29,000. Below the video, I've posted all the active listings and check out my blog on Kathy's Top 5 Tips on Figuring Out "Why is that Condo so Cheap?" … [Read more...]