Real Estate Maui Style EDITOR'S PAGE

 

Dear Readers:  

Aloha and welcome to October on Maui!! A wonderful month to be in Paradise! Probably one of the biggest events happens this month – “Halloween in Lahaina.” This world famous Front Street event includes a haunted house for kids, costume contests, parade and great food. With Front Street closed to vehicle traffic it magically transforms itself into the “Mardi Gras” of the Pacific. It will be something you will not forget. Unbelievable costumes appearing from every direction most contemplated and worked on since last year’s event.  

The real estate market on Maui continues to transition towards a “buyers” market. Price reductions, increasing inventory levels, fewer pending & sold transactions and a ruffling of median prices will frame the real estate landscape for the next 10 to 15 months. Challenges and opportunities abound as Maui follows the current real estate trends of California, Nevada & Arizona (we typically run 6-8 months behind the West coast).  The duration and breadth of these upcoming opportunities will depend a lot on our National Capital needs, interest rates, job growth/economic power (both locally and nationally), upcoming elections and amount of new developer product under construction, in pipeline as market changes. 

 

 *Information/Graphs from Bank of Hawaii, Realtors Association of Maui MLS 

As always…Thank you for taking time out of your busy schedules to read our magazine and or stopping by our web site (www.maui-style.com or www.livingmaui.com ). Your continued participation and support of our publication, in all forms, is essential to our success.  We constantly strive to make your participation a memorable and educational experience. If you have topics of interest we can address in an upcoming article please let us know. If you have specific real estate questions on any of the properties or services mentioned throughout our magazine, please call our advertisers direct.  We have the MOST KNOWLEDGEABLE ADVERTISERS AROUND!!! Let them know you saw their ad in Real Estate Maui Style,a genuine “Made on Maui” product.  The only TRUE MAUI REAL ESTATE MAGAZINE… We’re LIVING MAUI. See you in November!!!

 

Sincerely,

Leil Koch
President
Real Estate Maui Style
info@maui-style.com

Also available online: last month's Editor's Page.

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