BREWBAKER SPEAKS!
August 28th, 2008
We attended a talk given today by Paul Brewbaker, Chief Economist for Bank of Hawaii. Here is a summary of the key points of his presentation and thei likely impact on Maui real estate:
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We attended a talk given today by Paul Brewbaker, Chief Economist for Bank of Hawaii. Here is a summary of the key points of his presentation and thei likely impact on Maui real estate:
The DBEDT has released the visitor statistics for July and, as expected, they were dismal. Here are the key findings and their likely impact on Maui real estate:
Let's face it, to buy a second or third home on Maui of more than $1-2 million probably requires a net worth approaching $10 million or an income level that over time gets the buyer to that level. So the more we know about that universe, the better we can be as Realtors serving owners of Maui real estate. In today's Wall Street Journal, an article discusses recent IRS filings and what they show us. Here are some key findings and their likely impact on Maui real estate:
We are pleased to announce the sale of 3387 Kuaua in Maui Meadows. This extraordinary property sold to sophisticated buyers along Maui's oceanfront. We are also pleased to announce the sale of 50 Hoohale in Kilohana Ridge. These transactions demonstrate the power of the Leading Edge Marketing System and the value of out proprietary market research. To see how these can work for you, contact us!
Standard and Poor's has released their Case Shiller Index results through June. Here are their key findings:
We promised a specific proposal to try to address the TVR fiasco now going on regarding Maui real estate. Well, here it is.
One of the major issues facing Maui real estate today is the topic of Transient Vacation Rentals in areas not zoned for hotels or apartments. Here are our thoughts:
We are pleased to announce that our listing at 6980 Makena Road has gone into escrow. This beach house-style home is dated but sits on an extraordinarily lovely spot. For details, contact us!
Maui oceanfront values generally run between $1200-$3000 per square foot depending upon what part of the island one is considering and the condition of the home one is discussing. Heck, that's NOTHING!