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

Barry Brown's Latest Blog:
Renting Vs Owning in Hawaii
(Posted: April 04, 2014)

"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, New MLS Stats, Barry's Maui Foreclosures Blog and MORTGAGE UPDATE, 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 35 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."

Barry Brown at Honolua Bay, Winters '10 and '12
Photos courtesy of Dooma

Testimonials & Reviews

We are extremely pleased with the service provided by both Barry and Carol Brown. Altough we have been to Maui numerous times before they took the time to make sure we knew all the benifits of buying in Napili. The process was carried out with the uppermost professionalism and their expertise in the real estate field was evident. Barry responded almost immediately in all circumstances and was never unavailable to us. Although negotiations were a bit difficult Barry came through for us with a deal that we are still celebrating. The Aloha spirit is alive and well with this Realtor, we would strongly recommend him to family and friends or someone that needs excellent service in a Maui Realtor. - Neil and Terri-Lee Engman

Click here for additional testimonials!


Home Listings

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  Kaanapali Homes
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Central Maui Homes
UpCountry Homes
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Hana/East Maui Homes
Molokai Homes
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Kaanapali Condominiums
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Lahaina Condominiums
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Central Maui Condominiums
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Haiku/Paia/North Shore Condominiums
Hana/East Maui Condominiums
Molokai Condominiums
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Kaanapali Vacant Land
Kapalua Vacant Land
Wailea Vacant Land
Lahaina Vacant Land
Napili/Kahana/Honokowai Land
Kihei Vacant Land
Central Maui Vacant Land
UpCountry Vacant Land
Haiku/Paia/North Shore Land
Hana/East Maui Vacant Land
Molokai Vacant Land
Lanai Vacant Land

    Commercial Real Estate

My Featured Properties

Listing Search Results - 21 matches found.
Showing listings 1 - 10
2531 S Kihei RD - Kihei
$283,900 Fee Simple
MLS:
Status:
ACTIVE
Days on Market:
99 (Jan 14, 2014)
Type:
Condo
Building:
Kihei Akahi
Unit:
C420
Beds/Baths:
0 / 1.00
Land Area:
6.69 Acres
View:
Mountain
Waterfront:
Across Street from Ocean
Rare opportunity to own this exceptional corner STUDIO condominium at the popular Kihei Akahi resort, just steps from the famous Kamaole Beach, shops and restaurants. Currently in successful VACATION RENTAL program with excellent rental history, income revenue, and 5 star traveller reviews. Sold completely FURNISHED in turn-key condition including flat screen TV, CD player, all kitchenware, linens, gas stove, microwave, etc. Free designated parking stall. Fully REMODELLED kitchen and bathroom with GRANITE countertops and tile. New bathroom fixtures with separate toilet and shower area. Ensuite WASHER & DRYER. New AIR CONDITIONER, draperies, mattress set, linens and cookery. Freshly repainted in 2012. New SOFABED in 2011 for additional sleeping options. Call soon for a showing, but please be patient, as the unit is frequently booked.
2191 S Kihei RD - Kihei
$319,000 Fee Simple
MLS:
Status:
ACTIVE
Days on Market:
377 (Apr 11, 2013)
Type:
Condo
Building:
Maui Vista
Unit:
2221
Beds/Baths:
1 / 1.00
Land Area:
8.82 Acres
View:
Other
Waterfront:
Across Street from Ocean
A wonderful 1 bedroom condominium in Maui Vista Resort, located right across from world famous Charlie Young Beach in South Kihei. This unit has been nicely remodeled with easy-to-maintain tile floors & newer cabinetry; a perfect investment as a popular vacation rental, second home, or a great place to escape and enjoy life in paradise. Abundant resort features include three swimming pools, six tennis courts, lush tropical landscaping, several outdoor BBQ areas, and lots of parking. Enjoy strolls along the beautiful sandy beach watching gorgeous sunsets & breaching whales, surfing at Cove Park, or visit the many shops and restaurants just a short walk away. Just bring your toothbrush--completely furnished and ready for you to move in--or continue to use as a successful vacation rental.
4435 Lower Honoapiilani RD - Napili/Kahana/Honokowai
$350,000 Fee Simple
MLS:
Status:
ACTIVE
Days on Market:
272 (Jul 25, 2013)
Type:
Condo
Building:
Pohailani Maui
Unit:
152
Beds/Baths:
2 / 1.00
Land Area:
8.05 Acres
View:
Garden View
Waterfront:
Across Street from Ocean
Back on Market! One of West Maui's best priced 2 bedroom vacation rentals, this condo has it all-fully furnished and ready to go! Tastefully remodeled with granite countertops, pendant lights, & stainless appliances in the kitchen; and tiled shower/spa tub, granite counter/designer sink, and stack washer/dryer in the bath. Perfectly located between the world class resorts of Kaanapali & Kapalua; adjacent to Kahana's fine restaurants, banks & shops; and a 10 minute drive to historic Lahaina Town's famous restaurants & harbor activities. This unit looks out over a spacious, lush & tropical setting. Enjoy the two pools, BBQ areas, tennis court, party room, or watch year-round sunsets & whales in season from Pohailani's oceanfront buildings on beautiful Kahana Beach. Frequently rented so call for showing availability.
2191 S Kihei RD - Kihei
$465,000 Fee Simple
MLS:
Status:
ACTIVE
Days on Market:
377 (Apr 11, 2013)
Type:
Condo
Building:
Maui Vista
Unit:
3303
Beds/Baths:
1 / 1.00
Land Area:
8.82 Acres
View:
Ocean
Waterfront:
Across Street from Ocean
Newly remodeled with tile floors, bath and kitchen, this popular fully furnished vacation rental features a nice ocean view, w/d, custom kitchen with ample storage and pull out cabinet shelves. Very clean, attention to detail in every room. Amenities include 6 tennis courts, 3 pools, and fabuous location close to great shops and resturants, just across the street from beautiful Charlie Young beach. You will not find another unit like this in Maui Vista!
10 Halili LN - Kihei
$525,000 Fee Simple
MLS:
Status:
ACTIVE
Days on Market:
92 (Jan 21, 2014)
Type:
Condo
Building:
Villas at Kenolio I
Unit:
1A
Beds/Baths:
3 / 2.00
Land Area:
8.75 Acres
View:
Other
This rare, beautifully maintained 3 bedroom Loft, 2 bath, top corner condominium in a wonderful community features newly installed granite countertops, tile floors in the kitchen, baths and lanai, new carpet in the bedrooms & beautiful laminate flooring in living room, a full stairwell leading to the 4th loft 'bedroom' with vaulted ceiling and natural skylight, top of the line appliances incl. new 4-drawer stainless refrigerator, ductless A/C, solar hot water, PLUS all the amenities of a resort--Olympic size pool, spa, abundant chairs and chaise lounges, BBQ areas with dining tables, fully equipped gym, meeting facility, and even a playground for children--all within a spacious, park-like setting. Only a block from the beach & close to shopping and schools. Includes 2 parking stalls; pet friendly.
3765 Lower Honoapiilani RD - Napili/Kahana/Honokowai
$540,000 Fee Simple
MLS:
Status:
ACTIVE
Days on Market:
259 (Aug 07, 2013)
Type:
Condo
Building:
Makani Sands
Unit:
101
Beds/Baths:
1 / 1.50
Land Area:
0.89 Acre
View:
Ocean
Waterfront:
BeachFront
This wonderful beachfront end unit is perfectly located between world class Kaanapali & Kapalua Resorts, 10 minutes from historic Lahaina's famous restaurants & activities. The only 1 bedroom with 1 1/2 baths in popular Makani Sands, it comes fully furnished including (incl. Washer/Dryer) for personal use or vacation rental. The new flower-lined lanai is only 20 steps from a secluded sandy beach offering great swimming, snorkeling, & uncrowded surfing, with the new BBQ & lounge area just off the manicured lawn. You'll love personalized touches like the seashells in the kitchen counter backsplash and the whale tiles in the shower, with extra light coming in from the kitchen and bath windows. Enjoy direct whitewater and twin island oceanviews, year round sunsets, and whales in season from your kitchen, dining, living room, & tropical lanai, or simply relax in the pool. A great value in today's market--don't wait for prices to go up!
3765 Lower Honoapiilani RD - Napili/Kahana/Honokowai
$549,000 Fee Simple
MLS:
Status:
ACTIVE
Days on Market:
178 (Oct 27, 2013)
Type:
Condo
Building:
Makani Sands
Unit:
106
Beds/Baths:
1 / 1.00
Land Area:
0.89 Acre
View:
Ocean
Waterfront:
BeachFront
This fabulous, newly remodeled (10/15/13)ground floor Makani Sands condominium with direct whitewater oceanviews right from the living room and kitchen is located on a secluded sandy beach between the world class resorts of Kaanapali and Kapalua. A brilliant second home or vacation rental, you'll love the all new tile floors, beautiful granite countertops, rich solid wood cabinetry, top line stainless appliances, flat screen TVs, furniture, etc., with newly installed & expanded lanai, lawn and tropical landscaping. The tiled lanai is only a few steps from the new BBQ area and the inviting sandy beach, which is perfect for safe swimming, snorkeling, and uncrowded surfing. There's also a private, quiet pool to relax in, plenty of off-street parking, and a popular front desk rental program. A must see for the most discerning buyers, offered at well below peak prices. Please allow time to arrange for showings as this unit is frequently occupied.
2837 Liholani St - Pukalani
$799,000 Fee Simple
MLS:
Status:
ACTIVE
Days on Market:
36 (Mar 18, 2014)
Type:
SF w/Det Ohana or Cottage
Beds/Baths:
3 / 2.00
Land Area:
10,215 SF
View:
Mountain/Ocean
This spacious, custom home in Upcountry Maui with a detached 2 bedroom ohana features a beautiful, private setting on a large corner lot fronting the Pukalani Golf Course. The upstairs kitchen, living/dining and master bedroom are highlighted by vaulted open-beam ceilings with a dramatic skylight and beautiful redwood and cedar walls, and enjoys partial ocean, mountain and golf course views. The comfortable downstairs floorplan includes two bedrooms, bath, a bonus family room, & entry/laundry room. The brilliant kitchen features cherry cabinets, granite counters, cooking island, hardwood floors, & lots of windows and skylights overlooking the golf course & sunsets. The main home's classic pole design allows for a flexible floor plan with lots of covered lanai space for indoor/outdoor living and entertaining. The separate Ohana, built in 2010, was designed to offer privacy from the main home and features an open living/dining/kitchen with granite countertops, open beam ceilings, and a large covered lanai-perfectly suited for Pukalani's perfect climate.
4536 Lower Honoapiilani Rd - Napili/Kahana/Honokowai
$915,000 Fee Simple
MLS:
Status:
PENDING - CONT. TO SHOW
Days on Market:
137 (Dec 07, 2013)
Type:
Single Family w/Att Ohana
Beds/Baths:
3 / 2.00
Land Area:
7,562 SF
View:
Other
Waterfront:
Across Street from Ocean
BEST HOME OHANA VALUE IN WEST MAUI! Check out our new virtual tour & photos. This custom, quality-built Dixon home on 'Aloha Lane' is truly a rare opportunity in an exceptional location. The expansive kitchen, open to the brilliant dining & living rooms, and spacious master suite are all dramatically enhanced by beautiful vaulted open beam ceilings and gorgeous bamboo flooring upstairs; with 2 bedrooms, 2 car garage, & a private 1 bedroom ohana for extra income or expanded family downstairs. All new interior paint throughout, with new luxurious carpeting downstairs. The home is surrounded by mature, lush tropical landscaping in a quiet kama'aina location on the lower road between world class Kaanapali and Kapalua resorts, 10 minutes from historic Lahaina town's shops and restaurants, and just across the street and steps away from open access to a sandy, secluded beach. With over 2700sf of living area (which includes ohana) & abundant off street parking, this wonderful home is priced to sell quickly--so don't wait!
8900 Kamehameha V Hwy - Molokai
$1,295,000 Fee Simple
MLS:
Status:
ACTIVE
Days on Market:
50 (Mar 04, 2014)
Type:
SF w/Det Ohana or Cottage
Beds/Baths:
3 / 3.00
Land Area:
0.42 Acre
View:
Ocean
Waterfront:
OceanFront
This East End landmark property has top of the line quality and is in excellent condition! The "Blue Tile Roof House on Kupeke pond" is ready for your oceanfront buyers! Known as one of the Ono fishing grounds landmarks for over 20 years this home boasts incredible ocean and island views as well as a perfect location on the East end of Molokai. Wonderful open floor plan with wrap around decks and the quality construction has been lovingly cared for and upgraded by the current owners. 3 bedrooms and 3 baths with an open loft area provides lots of flexibility and functionality for permanent residents or vacation home uses. Office / mother in law quarters behind the detached garage with 3/4 bath add to the full complement of features. Being sold fully furnished down to the china and linens just bring your suit cases and start enjoying this wonderful property. The gourmet kitchen with granite counter tops and island is designed for more than one chief and is the heart of this home. Quality through out and clean, clean, clean! This is a must see for your oceanfront buyers. Easy to show.

 

Barry's MAUI MARKET UPDATE

Editorial to be published in Lahaina News
For the week of June 20th - 26th

MAUI'S MARKET GREAT — IF WE PROTECT THE AINA

Home and condominium prices on Maui have been rising for over a year now, following record increases in tourism, and a less robust but steady rise in the national economy. We predict that pent-up demand and sellers moving up to larger homes will push prices up further. Realtor's Association of Maui MLS statistics suggest that we've passed the bottom of the market here, but there is still a long way to go before reaching the peak prices of 2007. This has created the most opportune window we've seen to purchase a home or condo. Here are some interesting MLS stats for the month of May:

  • Year to date average home prices are up 22%, with condo prices up 17% ; in 2012, Year to date average home & condo prices were DOWN by 9%
  • Listing inventory has shrunk 17% since 2012, after shrinking 12% the year before
  • REO and Short Sale listings & sales, once nearly half of the market, are now rare
  • Current absorption rate of active listings for homes is 4.3 months, down from 11.4 months in 2012; for condos, 4.6 months, down from 9 months in 2012

We've seen some interesting trends in the makeup of Maui home and condo buyers. Local demand for homes and condos has increased as our job market has improved and rental inventory has shrunk, while rental rates have nearly reached 2007 levels. Over the last few years a huge percentage of foreign buyers were from Canada, which never experienced a recession. In 2012 there were 228 sales to Canadian buyers, and only a handful from Japan (5), Australia (5), and a few other countries. We're seeing a return of investors and second home buyers from the mainland, primarily from California (463) and Washington (166), as their real estate values recover. But in talking with industry experts, look for more intercontinental investors, including Japan, China, Korea, and Southeast Asia, as they discover our lower prices and easier restrictions on purchasing in the USA. It helps that Asian cuisine is increasingly available in Maui's stores and restaurants. Historically Asian buyers have concentrated in Honolulu, but Maui's uncrowded beaches and familiar amenities will attract more Asian buyers over time. And surprisingly, expect more buyers from Europe. Plans for non-stop flights from London to Hawaii—a relatively quick 12 hour flight, making their flying time equivalent to other tropical destinations like Thailand and Bali—will make European investment in Hawaii's clean, safe, and beautiful environment much more attractive.

That brings up an important fact: we need to keep in mind what makes Maui No Ka Oi—the Aina, the heart and soul of our precious island. Locals, visitors, and off island investors will not want to live or visit here if we don't respect the Hawaiian culture and preserve our open spaces and reefs, access to beaches, and in general our beautiful, safe and clean environment. As our population grows, we need to constantly remind ourselves how important it is to protect the Aina.

We believe this is the best time to buy Maui real estate since I began selling here in 1987, which is why Carol and I opened RE/MAX Island Properties earlier this year. While not yet as visible here as it is elsewhere, RE/MAX is the #1 seller of real estate nationwide and worldwide—the most recognized brand of any franchise, with offices in over 85 countries. We look forward to offering the highest level of professional service to our buyers and sellers in this exciting time. You can easily search all the current listings on the Maui MLS by visiting our site, www.barrybrownmaui.com, or feel free to call us at 870-8888, or emailing barry@barrybrownmaui.com. A hui hou! Barry Lee Brown, Owner/Broker, RE/MAX Island Properties

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


March 2014

Current MLS Stats are available for:

December 2013
November 2013

September 2013
August 2013 revised UPDATE
June 2013 UPDATE
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012

October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012

March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
September 2010

July 2010
June 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
August 2009
July 2009
May 2009
April 2009
February 2009
June 2008
May 2008


Hawaii Statewide Housing Report

 

Mortgage Update

Inside Lending Newsletter exerpt courtesy of Sharon Robinson, Senior Loan Officer, Guild Mortgage
For the week of April 21, 2014 – Vol. 12, Issue 16

>> Mortgage Market Update

QUOTE OF THE WEEK... "Appearances are often deceiving." --Aesop, Ancient Greek storyteller

INFO THAT HITS US WHERE WE LIVE...To some pundits and the mainstream media, March Housing Starts appeared disappointing: up a tepid 2.8% for the month and down 5.9% versus a year ago. But a closer examination of the report shows those headline numbers are deceiving. The low monthly number was all due to a drop in always volatile multi-family starts. Single family starts were up a strong 6.0% in March and are up 9.1% over the last two months. The 5-month moving average is the highest since July 2008. Plus, the number of homes under construction (started but not finished) is up 21% over a year ago!

Reflecting this activity, the National Association of Home Builders (NAHB) April confidence index was up one point from March. Some analysts expect steady gains here, as the spring selling season picks up steam. We also saw construction employment, on the increase since June 2011, up 2.6% year over year in February. More evidence of a spring pickup came when the National Association of Realtors (NAR) reported March listings on realtor.com were up 9.5% from a year ago. In addition to better selection, buyers get more time to decide. The median age of inventory was 102 days.

BUSINESS TIP OF THE WEEK... Stop doing so much! Look for ways to cut busy work. Group small tasks and do them during down time. Or outsource peripheral chores at a cost that's less than what you make working on your core business.

>>Review of Last Week

UP!...In the real world, what goes up must come down. On Wall Street, what goes down must come back up. So after the prior week's miserable performance, stocks last week shot up strongly. The S&P 500, in fact, enjoyed its best weekly gain since July 2013. Part of the investor optimism came from the EU, Russia, the U.S., and Ukraine making new efforts to resolve their differences. There was also some worthwhile economic data. Initial and continuing jobless claims both topped forecasts, while the Philly Fed manufacturing index almost doubled estimates.

The rest of the reports were mixed. Industrial Production and Capacity Utilization bested expectations, while Retail Sales grew nicely in March. But Business Inventories and NY Empire Manufacturing disappointed, and Housing Starts and Building Permits were not as strong as forecast. The Fed Beige Book of observations from around the U.S. posited that "economic activity increased in most regions of the country since the previous report." Nonetheless, Fed Chair Janet Yellen told The Economic Club of New York that the central bank remains committed to an accommodative policy, meaning super low rates.

The week ended with the Dow up 2.4%, to 16409; the S&P 500 up 2.7%, to 1865; and the Nasdaq up 2.4%, to 4096.

There was heavy selling of Treasuries, and bonds in general suffered as both the U.S. economy and the Ukraine crisis showed signs of improvement. The FNMA 4.0% bond we watch finished the week down .05, at $104.15. Yet national average fixed mortgage rates fell for the second straight week and hit a six-week low in Freddie Mac's Primary Mortgage Market Survey for the week ended April 10. This of course helps affordability in the spring selling season. Remember, mortgage rates can be extremely volatile, so check with your mortgage professional for up to the minute information.

DID YOU KNOW?... Rents are considered affordable when monthly rent and utilities are under 30% of household income. Harvard reported earlier this year that more than half of all U.S. renters have unaffordable housing situations.

>>This Week's Forecast

UP, DOWN, AND SIDEWAYS...This week's economic data is expected to head in all three directions. March Leading Economic Indicators and New Home Sales should trend upward. Existing Home Sales for March and the Michigan Consumer Sentiment - Final read for April are both predicted to remain the same. But March Durable Goods Orders are expected down a bit. Initial and Continuing Unemployment Claims are forecast up, though that's a downward trend in jobs.

>> Federal Reserve Watch

Forecasting Federal Reserve policy changes in coming months... Some investors may worry that improved economic data could cause the Fed to act sooner, but Fed Chair Janet Yellen said she needs to see a lot stronger economy and job market. Most economists expect the rock-bottom Funds Rate will remain well into next year. Note: In the lower chart, a 1% probability of change is a 99% certainty the rate will stay the same.

Current Fed Funds Rate: 0%–0.25%

 

 

Honolua Bay Sept. '12, courtesy Dooma Bay water photo courtesy Patrick Devault
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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