YUP, SNOW ON MAUI
January 30th, 2008A shot from Haleakala (from the Maui Times).

|
||||||
|
||||||
|
||||||
A shot from Haleakala (from the Maui Times).

Consulting Firm Housing Predictor has released its Top Ten Buyers Markets for 2008. Maui is ranked third with a prediction for a 5.6% increase in values. Honolulu ranked first and Salem, Oregon second.
Yup, Maui has everything! Last night it snowed on Haleakala!
Undoubtedly concluding that the national economy is in, or near, a recession the Federal Reserve has cut the overnight lending rate to 3.5%, a 75 basis point reduction:
In the last week, Maui's Humpback whales have been very active and highly entertaining. We live in a remarkable place.
Read More »
We are pleased to announce another Maui real estate listing. Wailea Fairway Villas X-103 is a remarkable, three-bedroom, 1790 square foot townhouse-style condominium with exceptional ocean views from West Maui to Molikini. The kitchen has been heavily upgraded including cherry cabinets, granite counters and backsplashes and Sub-zero, Bosch and Fisher Paykel appliances. Throughout the unit upgraded lighting, dual level air conditioning and laminate flooring makes this a luxurious second home at the quiet end of the complex. Wailea Fairway Villas is remodeling their community pool and opens onto the Wailea Blue Golf Course providing a huge band of green in contrast to the sapphire blue of the Pacific. What a spot! This Wailea Fairways Villas jewel is offered for $1.325 million.
According to Federal Reserve Chairman Ben Bernanke:
Bank of America will acquire the nations' largest mortgage originator Countrywide Financial according to the Wall Street Journal.
We have just obtained the latest tracking survey from the American Affluence Research Center ( a service we highly recommend) and as always it is full of useful information on the wealthiest 10% of Americans. Here are some key findings that apply to the Maui real estate market:
We are pleased to announce that Kamaole Sands unit 5-205 is now under contract. The beautifully remodeled two-bedroom unit is listed for $729,000. Also we expect to have another of our Kamaole Sands listings under contract as early as tomorrow.