Steven Nickens Maui Real Estate Blog: Maui Super Tuesday

Tuesday, February 5, 2008

Maui Super Tuesday

It’s Super Tuesday in Maui,

Okay it has been a big week. A major upset with the Super bowl with the Giants beating the Patriots in the last minutes of the game. I don’t even like football and I thought it was an amazing win. Super Tuesday is kind of like the Super Bowl. It’s a big day in politics with Obama and Clinton battling it out. My man Ron Paul is no where in sight. McCain is leading the Republicans in the race. Will we see any major upsets? This is a very interesting race. People are ready for a change so look for upsets in November. So on Maui we are waiting for our primary. On Maui we are looking at just bad weather. I went to check the surf hopefully for a surf session and it is blown out and rainy. Even Wailea has had overcast weather not allowing those warm sunny days. We are seeing people flying in to Maui to get out of all the bad weather in the mainland and Canada. So for now stay dry and pray for surf, I could use a good sunny surf session. For the latest updates on Maui real estate check this site.

Aloha,

Steven Nickens R(S) GRI, ABR
The Wailea Group LLC.
3750 Wailea Alanui, Suite 5WE
Wailea, Maui, Hi
www.nickensmaui.com
Email: nickens@maui.net

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Maui Market

RELATED NEWS FROM THE WEB

The median price of existing single-family homes sold on Maui continued to hover around $650,000 in May, after spending most of last year in the $700,000s.
The May median was $650,150, compared with $729,000 in the same month last year, according to the latest statistics from the Realtors Association of Maui.
Sales were higher in May at 96 compared with 87 a year earlier.
The association reported that condominiums in May sold for a median $531,325, down from $600,000 a year earlier. There were 109 condo sales, down from 137 in the same comparable period.
Terry Tolman, the association's chief executive, said the market is a healthy one providing opportunities for both buyers and sellers.
"Expanded inventory and continued low interest rates provide plenty of options for buyers," he said. "Realistic sellers can beat competing properties with better property condition, careful pricing, good marketing and flexible terms. Unrealistic sellers will be left on the bench."
Because Maui's housing market is a small one with relatively few sales, a few high or low sales can have a greater effect on statistics without necessarily indicating a big market swing one way or another.
The Realtors Association of Maui last month also reclassified two large projects in Wailea as condos after previously counting them as single-family homes.
Tolman said the change was made to better categorize new hybrid types of residential projects that have elements of single-family and condo living. As a rule, homes with shared land ownership will be classified by the association as condos when they are on property zoned for resort or apartment use. Such condo property regime projects on land zoned for residential, rural or agriculture use will be included in the single-family home count.
Reach Andrew Gomes at agomes@honoluluadvertiser.com.
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Steven Nickens Maui Real Estate Blog

Tuesday, February 5, 2008

Maui Super Tuesday

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