The monthly Case/Shiller Home Price Index reported today and the results were very weak.

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The island is filling up, the restaurants are getting crowded and our showings have gone through the roof in the last four days. All across the property spectrum the activity level has risen. The Canadian presence is a key driver thus far. Both first time buyers and those seeking a more valuable property are abundant. The keys this year? A reasonable listing price, a property in excellent condition and choosing the Leading Edge Marketing System.

6980 Makena Road has just reduced its price from $7.25 million to $6.385 million. The pristine Makena Coastline offers solitude, extraordinary colors, privacy and a return to the Hawaii of yesteryear. This property fronts a sandy beach and provides views of Kaho’olawe, Molikini and Lanai. Come make this 2900 square foot beach house your own Makena Paradise! At this price, this represents an extraordinary value! Click here for the exclusive website http://www.6980makenaroad.com/

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MSN.com recently released its list of Top Ten Islands. All the usual candidates are there, Kauai, the Big Island, the Galapagos and Vancouver Island. But MSN deemed Maui only second behind Bali. They are wrong. Maui No Ka Oi!

On January 1, Maui County has called for nearly all of Maui's 1000 Bed and Breakfasts to close.

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The Federal Open Market Committee today lowered its target for the Federal Funds Rate to 4.25%.

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On Friday, the Maui County Council passed a bill that requires:

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We will be announcing two new listings this week. One will be a lot with a cottage in Maui Meadows. The lot is flat and easily buildable and comes with County approved building plans. The second is an extraordinary new estate located across the street from Big Beach. 4200 square feet and four bedrooms of top-of-the-line materials, twenty foot ceilings, media room, gourmet kitchen, infinity pool and spa and a view of Molikini. There is a beautiful detached cottage and both an attached and a detached garage parking. Private serene and unique. Details will be available later in the week.

Pending home sales rose in October!

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Two significant events have transpired along the Maui oceanfront in the last few days. The first is the sale of 7381 Makena Road. This is a 3900 square foot home and cottage on a 1/2 acre of land just across the street from the water. It is a stunning home in a stunning setting. Listed for $12 million, this home sold for $11 million or approximately $2300 per square foot. The second is that the finest lot in Wailea, nearly an acre in Maluhia has been listed for $17 million. For more information, contact us!