We are still experiencing a buyer's market, and those who are qualified to buy are able to obtain some great deals! With increased inventories to choose from, buyers are able to be discriminating in their choices. And, interest rates still remain low, making it a very good time to buy.
The year to date ending April 30, 2012 average price for a home on Maui is $700,714 which is up 5% from a year ago for the same time period ending April 30, 2011 according to the Realtor Association of Maui statistics.
Vacationers who travel here year after year may find it wise to put their investment dollar into a Maui vacation rental condominium. You will have a place to enjoy while you are here and then an income producing rental property to help defray the costs when you are not here. The year to date ending April 30, 2012 average price for a condo on Maui is $466,908 which is down 6% from a year ago for the same time period according to the Realtor Association of Maui statistics for the year to date ending April 30, 2011.
Interest rates are still low and buyers have lots of inventory to choose from, making it a very good time to buy if you have sufficient savings and secure employment.
This past year has been an incredible year for many buyers and I've been able to negotiate very good contracts, even though the economy is suffering. Let me help you find the perfect property and negotiate a great deal for you. I love what I do and look forward to assisting in your search. Call or e-mail me today with any and all of your real estate questions. I make things happen.
Approximate Location Boundaries: The Island of Maui
Location Characteristics: The island of Maui is a tropical paradise, from the dry, sandy desert of Kihei, to the tropical rain forests of Hana, to everything in between. Maui is sure to have the topography and climate to please every visitor.
About Linda Weatherholt:
Dreams do come true. Living on Maui became one of my dreams after visiting Maui year after year. After making the decision, I was going to fulfill that dream, I made a list of everything I needed to accomplish. I first put my business and my husband's business on the market since I felt these would take the longest to sell. To my surprise my business sold right away and I found myself unemployed since I had agreed to a no-compete clause. I immediately put our commercial and rental properties on the market. One by one our properties sold and it was time to put our Colorado home on the market. Since the path to my dream was unfolding more quickly than expected, we made our last vacation trip to Maui. This time instead of coming home with souveneirs, we came home with a Maui home in escrow. Once our Maui home closed it was time to make the big move. Everything was completed like clockwork-even getting the dogs prepared for quarantine. I knew what I wanted and made it happen. Tell me what you want and I will help you fulfill your Maui dream. I make things happen. Paradise can be a reality!
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
