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Residential & Commercial
Maui Real Estate Sales & Development

(808) 661-1800


A portion of every commission is donated to
The Surfrider Foundation Of Maui.

Barry Brown's Latest Blog:
Barry Brown Maui Real Estate
(Posted: July 02, 2009)

"Search all active MLS Maui County real estate listings in Hawaii -- That includes property listings for the islands of Lanai and Molokai. Be sure to try our convenient new feature, Search By Map to view all Hawaii homes, condos and vacant land real estate listings for all of Maui County. We have all the Short Sale and REO (bank owned, foreclosure) listings, plus an EXCLUSIVE LIST of properties in bankruptcy (chapter 7), which we can easliy email to you on request (click here) .

You can also check out THIS WEEK'S NEW LISTINGS, Barry's MARKET UPDATE and MORTGAGE UPDATE (including his 9/08 BALI DAIRY), to bring you up to date on the latest real estate trends and statistics.

Once you find a property you like be sure to click on "request info" and I will get back to you with property specifics. Contact me today for all your Maui real estate needs.

My 30 years experience, combined with our dedicated team, offers you the most personal, professional service available. We specialize in all Maui, Molokai and Lanai real estate, including homes, condos, land, and commercial property. From Lahaina to Kaanapali and Kapalua, from Kihei to Wailea and Makena, from Central Maui to the North Shore, Upcountry and all the way to Hana, and from Molokai to Lanai, we'll find the perfect investment for you, as we have for hundreds of clients worldwide."

 

My Featured Properties

Listing Search Results - 18 matches found.
Showing listings 1 - 10
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MLS: 338017
Pictures: 9 more.
Price: $220,000 Fee Simple
District: Napili/Kahana/Honokowai
Type: Condo
Building: Maui Lani Terraces
Unit: F206
Beds: 1
Baths: 1.00
REDUCED FOR SHORT SALE! Good first time buyer or investment 1 br. condo in good condition. Great location between world class resorts, Kaanapali and Kapalua, across the street from a beach park and close to shopping and restaurants. MAKE ALL OFFERS--SELLER IS MOTIVATED. Currently tenant occupied through Aug. 1, so please call ahead for showings.
MLS: 337072
Pictures: 16 more.
Price: $524,000 Fee Simple
District: Napili/Kahana/Honokowai
Type: Condo
Building: Makani Sands
Unit: 103
Beds: 1
Baths: 1.00
ABSOLUTELY OCEANFRONT! Step off your lanai and onto the sand! Year-round sunsets and rainbows, 2-island views, and seasonal whalewatching right from your couch. Private, low-rise complex. Prime location between world-class Kaanapali and Kapalua Resorts and golf courses. Features a "Secret" surf spot (and snorkeling) right out front, beachside BBQ, pool, popular on-site rental program, and extra-wide lanai--fully furnished and ready to go. Priced to sell--say when!
MLS: 337077
Pictures: 21 more.
Price: $528,000 Fee Simple
District: Napili/Kahana/Honokowai
Type: Condo
Building: Makani Sands
Unit: 108
Beds: 1
Baths: 1.00
SPECTACULAR BEACHFRONT! 20 steps to the sand, snorkeling, and uncrowed surf spot. Year-round sunsets and rainbows, 2 island views, and seasonal whalewatching from your living room. This nicely upgraded ground floor1-bedroom features an excellent location between world class Kapalua and Kaanapali resorts and golf courses, yet has a private, residential feel for the perfect get-away. Extra wide lanai; comes fully furnshed; in popular front desk rental program.
MLS: 337073
Pictures: 16 more.
Price: $545,000 Fee Simple
District: Napili/Kahana/Honokowai
Type: Condo
Building: Kuleana II
Unit: 621
Beds: 1
Baths: 1.00
DIRECT OCEANFRONT! Spectacular views, spectacular grounds. Check the uncrowded surf, year-round sunsets, seasonal whale watching, and twin-island panorama. This is one of the most private, top floor locations in popular Kuleana resort. Swim in the largest pool between the world-class resorts of Kaanapali and Kapalua, surf you "secret spot" out front, or snorkle with the dozens of turtles that call this coastline home. Marvel at the meticulous landscaping with exotic flowers everywhere. Add tennis, ping pong, or just RELAXING for a beautiful get-away at a great price! Fully furnished and ready to go.
MLS: 332522
Pictures: 8 more.
Price: $874,000 Fee Simple
District: Kaanapali
Type: Condo
Building: Honua Kai - Konea
Unit: 922
Beds: 1
Baths: 1.00
Maui's Best New Condo Value--Honua Kai, the first new Kaanapali Beach offerring in over 20 years! Best price in the Konea (newest) Tower! 922 will have great views, the finest quality interior, & too many high-end resort features (like underground parking, Dukes Restaurant, pools & river) to mention here. Lock in the price now; no maintenance fees or taxes til 2010. Buyer & Seller are aware that Seller does not presently hold title, but has a binding contract with the Developer. Any sale is subject to the completion & close of escrow of Seller's purchase of the subject property (est. 2010). View photo was taken from 9th floor of Hoku Lani (1st) tower to approximate the northwest view from 922's lanai. Interior photos are from the developer's sales model.
MLS: 337747
Pictures: 25 more.
Price: $949,000 Fee Simple
District: Kaanapali
Type: Condo
Building: International Colony Club I
Unit: 41
Beds: 3
Baths: 2.00
Quality, stand-alone home within an association for worry free convenience--right in famous Kaanapali, a short golf cart ride to fairways, beaches, shops and restaurants! With 2100 sf of beautifully remodeled intereior, this home has the highest upgrades in the International Colony Club, featuring the finest quality finishings and appliances, media room(huge movie screen, THX, 7Plus surround sound, HD, etc), separate dining room, central AC, golf cart garage, and great location steps to the pool and parking. ICC is a well kept secret--a quiet, low rise, tropical oasis hidden in a world class resort, and this home is the best of all. A must see!
MLS: 333690
Pictures: 10 more.
Price: $975,000 Fee Simple
District: Molokai
Type: Single Family
Beds: 3
Baths: 3.00
WOW - go back in time to a slower way of life - but do it in style - Molokai Style! This is an incredible opportunity to purchase a slice of paradise on the East end of Molokai. This parcel of land is almost beachfront with unobstructed views of Maui and Lanai. Located off the road with total privacy and quiet peaceful surroundings. The home is brand new and never lived in. Built to the highest standards with top of the line materials. This home was built to last. This is the ultimate in beach living at a fraction of the cost of Maui. This property could not be replaced at the asking price. Fully turn key and furnished to the "10's". Seeing is believing and once you spend a few minutes in this home you will realize how special it is. Location - Perfect! Construction - High Quality! Views - Outstanding! Furnishings - Exquisite!
MLS: 336506
Pictures: 21 more.
Price: $1,300,000 Fee Simple
District: Wailuku
Type: Single Family
Beds: 4
Baths: 4.00
Beautiful 4br/4ba oceanview family home in desireable, newer section of Wailuku Heights-Koa at Kehalane Sub. Enjoy views from Kahului Harbor to Paia, Haleakala, and Maalaea. Conveniently located near schools, hospital, government offices, and shopping. Features include a large open kitchen/living/dining room, extensively landscaped 15,054 s.f. lot, extra family/mother in law room, finished entertainment area in garage, glassed in lanai, and lots of other family-freindly improvements. Please allow 48 hrs. to show.
MLS: 337112
Pictures: 30 more.
Price: $1,300,000 Fee Simple
District: Kaanapali
Type: Single Family
Beds: 4
Baths: 3.50
KAANAPALI'S CELEBRITY RETREAT! This unique 3br/2/5 ba/2 car garage home with oceanview 1br/1ba guest suite features a huge pool, jacuzzi & outdoor shower in a private, lush tropical setting, plus lots of surprises like the Robert Lynn Nelson mosaics, sunken living and game rooms, and intimate courtyard. Great location in the original Kaanapali Hillside subdivision, minutes to the world famous beach, shopping, and golf courses. Easy to show. Property may not conform to County records; buyer to use due diligence.
MLS: 337113
Pictures: 30 more.
Price: $2,000,000 Fee Simple
District: Lahaina
Type: SF w/Det Ohana or Cottage
Beds: 4
Baths: 4.50
THE PREMIER ESTATE IN OLD LAHAINA! This private, gated sanctuary right in the heart of Old Lahaina is the perfect family compound or corporate retreat, featuring 28,208 sq. ft. of tropical landscaping including pool, spa, 3 waterfalls, Japanese garden & pond; stunning 4 br/4.5ba main home w/ grand entry and vaulted skylight ceiling; 2br/2 car garage/gym guest home; & 1br/2ba pool house complete with pool table--7,000 sq.ft. under roof & generous onsite parking. Coveted, convenient location on the quiet end of Front St. across the street from the ocean; cool ocean breezes and private setting create a unique opportunity, offered at less than half the replacement value (Price is firm).

 

Barry's MAUI MARKET UPDATE

Aloha Nui from Maui!

In our continuing effort to keep you informed about the real estate market here on Maui, we've attached the Realtor's Association of Maui's newsletter and sales statistics (see links below). Like much of America, we're experiencing what economists are calling the worst economic slowdown since WWII, and Maui is now seeing the results of the short sales and REOs (bank owned/repossessed properties) that have plagued Mainland real estate markets. Generally our market peaked in '05 but remained stable until September '08 when the number of sales decreased significantly. Median sales prices were off by only around 5% up until January of this year, but since then, Maui has experienced a major downturn in tourism and a tenfold increase in short sales and REOs. Our year to date statistics (Jan. '08 to May '08, compared to Jan. 09 to May '09) show that the number of homes sold is off by 45%, dollar volume is off by 55%, and the median sales prices are off by 12%--the latter partially due to those REO and short sales. The number of condo sales is off by 50%; dollar volume off by $65%; and median sale price off by 31%. The number of land sales is off by 29%, but total dollar volume for land is up 19%, and median sale price is up 13%. In general land statistics lead market trends, but we are reluctant to trust them as an indicator since there have been so few sales. Click on "May 2009" at the bottom of my Market Update for May's graphs, stats, and Terry Tolman's update letter.

While every property and escrow is unique, we've noted that in today's market, sellers who price their listings at 5% below the latest sale prices are successful in finding the currently price-oriented buyers. Most of those waiting for top dollar are doing just that, waiting, because there is about 60 months worth of listing inventory out there today. Ironically, many buyers are frustrated when their offers aren't accepted, but that's because they are often 10% (or more) below the latest sale prices. Truth is there are incredible opportunities out there for realistic buyers due to the wide variety and volume of listings, and the savvy seller who knows that it's a great time to move equity from one investment to a better one.

We hope you and yours are having a great year. Feel free to email or call us anytime if we can help you in any way. We appreciate the privilege of serving you and look forward to hearing from you soon.

Sincerely,
Barry and Carol Brown, RE/MAX Maui
808-870-8888/toll free 888-565-1800/email barry@barrybrownmaui.com
Search the Maui MLS on www.barrybrownmaui.com

 

*NOW AVAILABLE--MAY 2009 UPDATE
May 2009 Update


Current MLS Stats are available for:
May 2009
April 2009
February 2009
June 2008
May 2008

Mortgage Update

The current Government purchases of mortgage backed securities are likely to end soon; this is because the perception among economists is that the economy and the housing market are starting to improve.

As many of you know, the Government has been purchasing mortgage backed securities since the beginning of January. Interest rates went down in December in anticipation of this taking place. At that time, we discussed that these rates were unlikely to last because of the upward pressure on interest rates as the economy begins to stabilize. Interest rates have increased about 1% over the past month. If the Government wasn’t purchasing mortgages, it is estimated that rates would be at least 1% higher than they are now.

According to all our sources (which are many and we track them daily), the Government is unlikely to continue to purchase mortgages after December of this year. The purchase program could also end abruptly (before December) if the economy stabilizes further, the housing market shows more signs of recovery or if there are any signs of inflation.

Even if the Government purchases mortgages through December, loans would have to be closed by November 15th. For a December Government purchase given the current 60-90 day escrows, properties would need to be in escrow by August to meet these windows.

As we have been telling our clients, NOW is the time to purchase and take advantage of the low rates, large selection and low purchase prices. People who buy now will be considered geniuses in the years to come!

Information provided by Tricia Morris of Premier Mortgage

 

 

Barry Surfing

West Maui Weather
A Few Clouds
86.0 F (30.0 C)
DISCLAIMER: This weather reading is taken way up in the mountains above Kapalua. It's hotter and sunnier at the beach--Sorry!

 

RE/MAX Hawaii Real Estate

Barry Lee Brown (R)
P.O. Box 11782
Lahaina, HI 96761
(808) 661-1800
barry@barrybrownmaui.com

Toll Free: (888) 565-1800
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