Maui, Hawaii, Real Estate and what to know!

  As a real estate professional, I often get asked about title insurance and why it's necessary. Simply put, title insurance is a type of insurance that protects against any issues with the ownership of a property. When you buy a property, you're essentially buying the title to the property, which is the legal right to own and use the property. However, there can be issues with the title that may arise after you've purchased the property. These issues can include: Liens on the property Claims by previous owners or heirs Undisclosed easements Forgery or fraud in the title documents Incorrectly recorded legal documents Title insurance is designed to protect against these types of issues. It is a one-time premium that is paid at closing, and it provides coverage for as long as you own the property. If any issues with the title arise, the title insurance company will step in and handle the legal defense of the title, including paying any legal fees or damages that may result. T...

  As a real estate professional in Maui, Hawaii, I am often asked about the benefits of investing in vacation rentals on the island. Maui is a popular vacation destination, with millions of visitors each year, making it a great place to invest in vacation rental properties. Here are some things to consider when thinking about investing in vacation rentals in Maui: Strong Rental Market: Maui has a strong rental market, with high demand for vacation rentals throughout the year. With its year-round warm weather, beautiful beaches, and outdoor activities, Maui is a popular destination for tourists from around the world. Positive Cash Flow: Vacation rentals in Maui can generate significant rental income, providing investors with a positive cash flow. Depending on the location and amenities, vacation rentals in Maui can command high nightly rates, making them a potentially lucrative investment. Appreciation: Real estate in Maui has historically appreciated over time, making it a solid lo...

  As a real estate professional in Maui, Hawaii, I am excited to share with you the Makena Discovery Project. The Makena Discovery Project is a new luxury residential community located in the exclusive Makena area of South Maui. Here's what you need to know about this exciting new project: Location: The Makena Discovery Project is located on 180 acres of pristine land in Makena, one of Maui's most desirable areas. The community is situated on a hillside overlooking the ocean, offering stunning views of the surrounding landscape. Design: The Makena Discovery Project is being designed by renowned architect Richard Landry, who has designed homes for some of the world's most prominent figures, including Mark Zuckerberg and Tom Brady. The community will feature a range of luxury residences, including custom homes, villas, and condominiums. Amenities: The Makena Discovery Project will offer a range of exceptional amenities, including a clubhouse, fitness center, swimming pool, sp...

  As a real estate professional in Maui, Hawaii, I often get asked about the Grand Wailea Resort. This stunning resort is a popular destination for tourists and locals alike, and it's not hard to see why. Here's a closer look at the Grand Wailea Resort and what makes it so special: Location: The Grand Wailea Resort is located on 40 acres of pristine beachfront property in Wailea, one of the most exclusive areas on the island. The resort is just a short drive from some of Maui's most popular attractions, including Haleakala National Park and the Road to Hana. Amenities: The Grand Wailea Resort offers a wide range of amenities for guests, including multiple pools, a spa, fitness center, golf course, and several restaurants and bars. The resort also features a 20,000 square foot water park, complete with slides, a lazy river, and a water elevator. Accommodations: The Grand Wailea Resort offers a range of accommodations to suit every need, from spacious guest rooms to luxurious...

  As a real estate professional in Maui, I can tell you that one of the island's most incredible natural wonders is the annual visit of humpback whales. Every winter, these magnificent creatures make their way from Alaska to the warm waters of Hawaii to mate, calve, and nurse their young. Here are some reasons why the humpback whale migration is a must-see event in Maui: The Season: The humpback whale season in Maui typically runs from December to May, with January and February being the peak months. During this time, it's common to see whales breaching, tail slapping, and spouting water from their blowholes. Whale Watching Tours: Whale watching tours are a popular activity for both visitors and locals in Maui. There are numerous tour operators that offer whale watching excursions, from large catamarans to smaller, more intimate boats. Up-Close Encounters: The whales are often seen up close, sometimes even swimming right next to the boats. This allows for amazing photo opportun...

 Aloha Friends, As a real estate professional in Maui, Hawaii, I am often asked about the state of the local real estate market. Maui is a popular destination for tourists, retirees, and second-home buyers, and the island's real estate market has seen strong growth in recent years. Here's a closer look at the current state of the real estate market in Maui: Prices: The median sales price for a single-family home in Maui was $900,000 in 2021, an increase of 23% from the previous year. The median sales price for a condominium was $573,000, a 12% increase from the previous year. These price increases reflect strong demand for housing in Maui, particularly in popular areas like Wailea and Lahaina. Inventory: The number of homes for sale in Maui has been declining, which has put upward pressure on prices. As of August 2021, there were 338 active single-family home listings and 487 active condominium listings, a decrease of 39% and 20%, respectively, from the previous year. Sales: De...