Buyers Market on Maui-Think Again

BUYERS MARKET ON MAUI- THINK AGAIN:

We have all been lulled into the "market is falling" and will continue to go down, shadow inventory, the bottom hasn't arrived thinking.
If you are looking for a condo under 200k in Kihei you may need to rethink that.

In today's search on MLS 0 yes I said 0 condos came up. Doesn't sound like rock bottom pricing and lots to choose from to me.

If you raise the bar to 250k you only get 7 properties. We have people with cash in hand searching on Maui right now for deals, so if you are a buyer you are competing for one of 7 condos. This means you can't underbid and chances are you will be in a competing bid situation.
Condos that have been on the market for months have been claimed now.
Be prepared to know the market prior to shopping for a home.

If you are thinking of buying a home and want to work with a professional team that will look out for your best interests, make the buying process fun/easy, and want to get you that best buy contact The Fine Island Properties Team at Keller Williams Realty Maui.

Aloha, Gina Duncan, R (S) ABR, e-Pro, SFR
www.FineIslandProperties.com
Mauigina@gmail.com
808-250-9858

For Sale Kihei Kai Nani

Our very special short sale at Kihei Kai Nani needed its very own blog for many reasons.

Location: Just across from Kamaole II Beach and next door to restaurants and shops this quaint and cozy complex has a "10" location for vacationers or folks just wanting to live the Maui Life Style.

One building up from the pool area is convenient but not noisy and this condo overlooks a park like bbq area.

Remodeled: Most all buyers we meet want a great deal on price, but want the property to be remodeled too.

This condo has had a very nice remodel, incl kitchen, tiled flooring in and on the lanai and a stunning bath remodel including custom tiling.

Price: At $220k this short sale is at an affordable price. This condo is currently in the vacation rental program. I've participated in over 40 short sales and can give you timely and good advice regarding this type of transaction.

Kihei is a great place for a second home and you will love the convenience and quality that Kihei Kai Nani offers. Contact us at Fineislandproperties@gmail.com for further information or to search the Maui MLS for this and other condos go to http://www.fineislandproperties.com/

Aloha, Gina Duncan, R (S) ABR, e-Pro, SFR