September 2009: Economists Say We've Hit Bottom... According to Hawaii Pacific University professor Leroy Laney, Maui has hit the bottom of economic times as cited in this Maui News article. I hope he is right even though he says it will take a long time to start heading up. The article didn't … [Read more...]
Buyers Edging Their Way into Maui
July 7, 2009 by Leave a Comment
Many people are waiting for the bottom of the market to hit. Wait no longer - at least for the residential market! Residential sales are up. The 4-month moving trend is up 24% even though it is still under last year's numbers. The median sales price has hovered right at $500,000 for 4 months … [Read more...]
September Market Statistics
October 9, 2008 by Leave a Comment
Buyers should be rejoicing... and buying. The market is significantly down in volume AND prices. Again we see an increase in short sales and REO's. In the <$500k we see lots of short-sales and REO that are selling. We also see $1M+ dollar homes selling. In the middle, almost nothing is … [Read more...]
