Mortgage rates, which had been enjoying a historic low for much of the past year-plus, are definitely on the way up. The average 30-year, fixed mortgage rate went over 5% in April, reaching the highest levels since 2009-2011, according to Freddie Mac. Seeing as how...
Real Estate Market
Interest Rates are Rising…but So Are the Sales Numbers!
What goes up, must come down—and what goes down must eventually go up! We all knew this was coming at some point: Last month, the Federal Reserve raised interest rates for the first time in over three years, bringing the record-low mortgage rates borrowers enjoyed...
The Whaler in Ka’anapali Has it All!
The Whaler is an exclusive, sweeping luxury condominium complex located right next door to both Whaler’s Village and the beach in beautiful Ka’anapali. With over six acres of meticulously manicured grounds and only steps away from both championship golf courses and...
January 2021 Maui Real Estate Market Trends
Real estate on Maui ended on a positive note in 2020; a trend that has continued well into 2021. As always, Maui continues to be a prime destination for tourists and investors who want to buy a piece of property in the beautiful state of Hawaii. This increase in buyer...
West Maui Real Estate Stats
Two of the most incredible areas in West Maui are Kaanapali and Lahaina, where many Maui luxury real estate property is up for grabs. Whether you are looking for a perfect vacation getaway or permanent residence, these parts of Hawaii showcase the natural beauty of...
West Maui Condo Prices See A Slight Decrease in Price
Here at Maui Luxury Real Estate Team, we don’t just deal with Hawaii oceanfront property and luxury real estate in Maui, we also deal with keeping an eye on the overall market so we can inform interested home buyers and sellers about the state of our island and what...
West Maui Real Estate Statistics – Quick Summary – Through June 2019
Our latest West Maui statistics quick summary: Residential June sales in West Maui declined to 12 homes sold (May had 15 sales). The Residential median price increased to $1,200,000 (May was $1,099,000). The median time to sell a home was 160 days on market. June's...
West Maui Real Estate Statistics – Quick Summary
Our latest West Maui statistics quick summary: Residential May sales in West Maui increased to 15 homes sold (April had 10 sales) The Residential median price declined to $1,099,000 (April was $1,125,000) The median time to sell a home was 119 days on market. May's...
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West Maui Real Estate Statistics – Quick Summary
Our latest West Maui statistics quick summary: Residential December sales in West Maui increased to 8 homes sold (November had 7 sales). The residential median price declined to $830,000 (November was a high at $2,100,000). This decline indicates that more of the...