Kamaole Sands unit 4-408 is a wonderfully remodeled, two-bedroom condominium in one of Kihei's finest complexes. The unit has a new kitchen, tiled bathrooms and a lovely ocean view. The vaulted ceiling keeps the unit cool and breezy. At $675,000, this unit is simply the best value in the complex. Contact us for a private showing.
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The Fed has reduced its expectations for the US economy in 2008:

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Kamaole Sands unit 4-408 has been beautifully remodeled and offers two bedrooms, 1188 square feet of living space and is a deal at $675,000. We will be posting pictures shortly. For a private showing, contact us!

As you know, Bank of Hawaii's Chief Economist Paul Brewbaker is one of our favorite economic analysts. His quarterly report on Hawaii is out and here are his key findings: 

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Maui Circuit Judge Joseph Cardoza today lifted a court injunction that has kept the high-speed ferry from operating to Maui since Aug. 27. The judge ruled this afternoon, after hearing arguments from state Attorney General Mark Bennett and Wailuku attorney Isaac Hall, who is representing three groups pushing for an environmental review before the ferry can resume service. Hawaii Superferry President and CEO John Garibaldi, who is attending the hearing, told The Advertiser today that if the injunction is lifted, the company would announce a startup date by week's end.

The NAR today released their monthly pending sales report. Here are some key snippets:

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We are pleased to announce the acceptance by our clients of an offer for their Maui Kamaole unit B-202. This two-bedroom unit had been listed for $649,000. If you'd like to discuss the marketing plan that made this happen, contact us!

Maui County Council Land Use Chairman Mike Molina said Thursday that his committee should be prepared to vote next week on whether to approve or disapprove the zoning request for the Honua’ula project district.

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In today's Wall Street Journal, author Jonathan Clements offers some good advice:

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In Indymac Bancorp's third quarter review, they included a graph showing projections for the national housing prices. Read this chart carefully, it measures the rate of change in prices, not absolute price changes. So it shows that the worst price declines are yet to come and prices won't begin to rebound until 2009. What does this mean for Maui prices? Not much except in the mindset buyers bring to the market.
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