Get all of the information you need to make an informed decision about buying or selling real estate on Maui. 

Co-Own a Second Home on Maui 

Pacaso on Maui

A luxury second-home or condo on Maui is becoming more attainable with a new co-ownership model introduced recently by Pacaso. Pacaso, created by a group of former Zillow execs, is a tech-based marketplace that connects luxury real estate buyers and sellers to facilitate affordable co-ownership of second homes in the most desirable locations around the world.

They have initially brought co-ownership opportunities for homes and condos in Kapalua and Wailea, but are expected to acquire other luxury residences around Maui soon. This co-ownership model essentially breaks the ownership of the property into quarters, with each owner being given three months. 2 months are selected throughout the year and one month each for…

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Broader US Market Conditions And How They Affect Maui

A Beach on Maui in Makena

It’s no secret that property values and prices on Maui have increased at an astronomical rate since interest rates were slashed in 2020 during the pandemic. While properties on Maui typically appreciate slightly faster than most other markets, a similar vertical pricing trajectory has been happening across the country. Even today, we are still in one of the hottest seller’s markets in history.

Fortunately for buyers, there are some indicators at the national and local levels that the market is shifting slightly and should begin to level out. The clickbait stories in the national media want us to believe that we are in a housing bubble, but how likely is it that home prices could actually be…

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An Owner's Guide To Self-Managing Your Own Airbnb

Managing a short-term rentable condo on Maui is a great way to earn passive income on a property and have a second home in paradise at the same time. Most of our clients that purchase these types of properties are from the US mainland or Canada and use a local property management company to ensure everything runs smoothly.

While there are many benefits to using a property management company, there are some who elect to manage the unit themselves with great results. However, managing an Airbnb when you can't consistently visit the property to make sure it's in good shape can be difficult, but it can be incredibly profitable once you have a system in place.

Here are some useful tips I’ve…

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Where Are Things with Wailea 670?

Wailea 670 Honua'ula

Originally referred to as Wailea 670, the development that is now known as Honua'ula is more than three decades in the making. This is a mixed-use development that would span across 670 acres in South Maui. This area, which is located just south of Maui Meadows and across the highway from the existing Wailea community, is both culturally and environmentally sensitive.

While opponents of the development say that the project is not advantageous for the communities, others say that it will provide much-needed affordable housing to the area. Recently, a major agreement has been reached as a result of years of stressful negotiations, but more negotiations are underway.

Balancing The Environment with Housing Needs

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What's the Difference Between Fee Simple and Leasehold Properties?

Fee Simple and Leasehold Maui

In most areas of the United States, when you purchase property, you are buying the land and all of its improvements in perpetuity. However, this is not always the case in select states and vicinities. Before you buy real estate on Maui or in any other area, it is important to know exactly what your purchase includes and how long you will have access to that property. With this in mind, a closer look at the differences between fee simple vs. leasehold ownership is in order.

Understanding Fee Simple Ownership

Fee simple ownership, which may also be referred to as a freehold, is the type of real estate ownership that most people are familiar with. With fee simple ownership, you…

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Financing on Maui

Whether you’ve lived here all of your life or just spent a fabulous two weeks relaxing at an oceanside condo, it’s safe to say you’ve already discovered that Maui is paradise. A uniquely beautiful island with a variety of things to offer. A haven for wildlife, adventurers, and nature enthusiasts.

A diner’s delight, especially if you enjoy eating Mahi Mahi at dinner that was caught the same morning. So if you're considering moving to Maui and making Maui you're permanent home or you're considering a second home/investment property here is some important information to consider about financing that dream property 

It Sounds Simple, But… 

Buying a home can sometimes be complicated, particularly for first-time homeowners. It’s often one of the…

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The State of the Maui Real Estate Market 2021

Maui Real Estate Market Report

Looking back on the Maui real estate market of 2021, we saw a year unlike any we have seen before in total sales, prices, and buyer enthusiasm. A variety of unique factors combined to fuel an unprecedented acceleration in property value at the national and local levels. The unique Maui market witnessed record after record being broken along with a surge in demand for investment properties. Over half of the properties sold in 2021 sold at or above listing price. 

Historically high demand for homes and condos on Maui driven in part by historically low-interest rates, coupled with seller reluctance and low inventory, created an extreme seller’s market where more than 5,500 transactions led to over 4.5…

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Leverage Up Without Losing Your Gains to Taxes

1031 Exchange Maui

From the stable cash flow of rental income to the exceptional growth of property value and more, Maui investment properties hold tremendous financial potential. When you sell a rental property or second home, you will ideally enjoy a handsome profit. As is the case with all types of income, Uncle Sam has the right to take a cut.

Depending on how lucrative your investment is, the government’s share of the profit can equate to tens or hundreds of thousands of dollars or more. So, you'll understandably want to avoid taxation and enjoy the maximum return on your investment. Fortunately, you can do so legally with one of the largest wealth-building tools in the US tax code, the 1031 exchange. 

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Market Report September '21 and YTD

Evan Harlow Maui

What a year it has been so far in the Maui real estate market. There has been an enormous amount of property value appreciation in a short period of time. Record sales prices combined with record-low inventory have made 2021 a challenging year for many buyers. It’s also been an exciting time for buyers with access to extremely low-interest rates and increased Fannie Mae and Freddie Mac maximum loan amounts, now sitting at $937,500 on Maui. 

Condos and Homes Roughly Equal on YTD Sales

1.84 billion dollars of single-family residential properties and 1.772 billion dollars of condominiums have been transacted year to date on Maui. Both represent approximately a 120% increase over the same period of 2020. Year…

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The Definitive Maui Vacation Condo Buyers + Owners Guide

Buying a Vacation Condo on Maui

Owning a vacation rental on Maui is a dream of many and it's a dream come true for those that have already made the leap. In this article, I will discuss the aspects of purchasing these types of properties as well as cover some of the most desirable complexes and I will also address many aspects of ownership.

I will also provide a few things I've learned about how to get the most out of your vacation unit once you have it.  After all, a vacation condo is the most fun you'll ever have with an investment!

Reasons to Consider Purchasing a Vacation Rentable Property on Maui

You Love It!

You love Maui, you’ve been coming here for years, and have started to wonder what it would look…

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