Real Estate News

There are currently 82 blog entries related to this category.

 

Maui real estate professionals may know this all too well: Inventory is still tight for the island’s homes and condominiums.

According to statistics recently released by Realtors Association of Maui, inventory decreased nearly 16 percent for single-family homes and 33 percent for condominiums compared to last year. The analysis also found that new listings decreased 28 percent for single-family homes and 32 percent for condos.

“Housing markets across the nation are most assuredly active this summer, and buyer competition is manifesting itself into several quick sales above asking price,” the report said.

Another notable finding was the fact that the median sales price jumped nearly 20 percent to $515,000 for condominiums since this

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With sweeping views of Maui’s pristine northwest coast, one of Kapalua’s most coveted oceanfront condominiums has sold for $3 million.

The two-bedroom, three-bath unit is situated in one of the finest seaside locations in all of Kapalua. Island Sotheby’s International Realty agents Rob Shelton R(B) and Courtney Brown R(S) represented the seller of this meticulously-designed unit, which boasts panoramic views of the signature hole fifth green below on the Arnold Palmer designed Bay Course and beyond.

“This was an estate sale handled by the family’s law firm, and they were a joy to work with,” said Shelton, who helped represent the seller. “We had several offers within hours of each other, settling on the first offer that was presented.

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For the second year in a row, two Island Sotheby’s International Realty agents have made it onto Hawaii Business magazine's list of the top 100 real estate agents in the Aloha State.

For more than a decade, Hawaii Business magazine has been creating a list of the state’s most successful agents and companies, which has become the pinnacle of success for Hawaii's real estate professionals. The list named Island Sotheby’s International Realty as the ninth-top company in the state, which closed $340,481,875 in real estate transactions in 2017.

The list also honored several of the firm’s top agents. Island Sotheby’s International Realty agents Courtney Brown R(S) and Wendy Peterson R(S) made the list of the state’s top 100 agents, while agent

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Nickelback bassist Mike Kroeger is offering his breathtaking 5,000-square-foot estate in Haiku for $4.888 million.

Island Sotheby’s International Realty agents Rob Shelton, R(B) and Cynthia Warner, R(B) are the listing agents for the founding member of the rock band, who chose the home because of its premier oceanfront location nestled in a quiet, private neighborhood.  

The rockstar founded Nickelback in 1995 with his brother, the group’s lead singer. Since then, they’ve produced nine albums, which include hits like “Rockstar” and “How You Remind Me.”

There are sweeping ocean views visible from the open living spaces and breezy lanais of the exquisitely-designed home, while screened in porches add another 866-square-feet to this

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It’s been a busy spring for Island Sotheby’s International Realty agents who have closed multiple transactions for luxury homes over the last couple weeks.

Adding to the list is Island Sotheby’s International Realty agent Elena Panigada R(B), who recently represented the buyers of a $2.69 million condominium at Wailea Beach Villas. The resort community was recently voted No. 1 in Hawaii by Conde Nast Traveler and the unit boasted 2,375 square feet - the largest two-bedroom in the complex.

“The clients in Japan viewed the property videos and were already familiar with Wailea Beach Villas,” said Panigada. “Everything progressed smoothly from beginning to end; the buyer arrived to see the property in person and was very pleased.”

The spacious

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A luxury condominium in Wailea has sold for $3.15 million, adding to the growing list of prestigious sales that the Island Sotheby’s International Realty team has facilitated in recent months.

Located in Ho’olei, a world-class resort community, this three-bedroom unit offers every luxury furnishing a buyer could imagine. And just steps away from shopping, fine dining and the white-sand beaches of Wailea, the unit is nestled in the heart of Maui’s most premier resort regions.

“I was happy to point the buyers to Ho’olei as this property reflected the values that they share: spaciousness, privacy, spectacular views and all the amenities of a comfortable home,” said Matt Swartz R(S), the Island Sotheby’s International Realty agent who represented

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Finding the perfect house where you live can be challenging, but picking out your next dream home from thousands of miles away is tremendously more complicated.

Long-distance house hunting can be tough, but sometimes it's necessary - especially in a state as isolated as Hawaii.  Yet although it has its unique challenges, modern technology has made the remote-home buying process easier than ever.

"Purchasing from afar can be a daunting and stressful experience, it can be much easier when working with a Realtor who uses technology smartly," said Island Sotheby's International Realty agent Alex Cortez R(B). "Delivery of documents, execution of contracts, sharing of video and photo files are all tools a tech-savvy agent has at their disposal."

There

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A rare condominium in the coveted Makena Surf community has sold for $2.5 million, a sale facilitated by Island Sotheby’s International Realty agents.

Located directly in front of the azure waters of Maui’s south shore, the exquisite two-bedroom, two-bath unit features the best that indoor-outdoor living has to offer. From the lanai, the new buyers will be able to enjoy unobstructed ocean views of the outer islands, breathtaking sunsets and humpback whales during the winter months.

“It was a very smooth transaction of what may be the best value at Makena Surf in years,” said Island Sotheby’s International Realty agent Alex Cortez R(B). “Our team wishes the new owners much happiness and success in their future endeavors.”

Cortez represented

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Buying a home is one of the most important purchases you’ll make in your lifetime.

And with Hawaii’s high property values and limited supply, it isn't always easy. From deciding whether to buy a home or condominium to deciding how much space and property maintenance you’re willing to take on, there’s lots of choices that can drastically affect you and your family's lifestyle.

That’s why it’s critical to have a knowledgeable real estate professional you can trust. We sat down with Island Sotheby’s International Realty co-owner and agent Ryan MacLaughlin R(B) to learn what first-time home buyers should ask themselves before taking the jump into homeownership.  

1. What kind of property would fit you best?  

Are you looking for a

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One of Makena’s most premier estates has sold for $10.5 million, a sale facilitated by Island Sotheby’s International Realty agents.

Island Sotheby’s International Realty agents Ryan MacLaughlin, R(B) and Alex Cortez, R(B) represented the buyers of the contemporary five bedroom, five and a half bath home. The estate is located in Black Sands Makena, one of South Maui’s most secluded oceanfront communities.

“It was a very smooth transaction by viable and willing parties, handled in a very amicable and fair manner,” said Cortez.

With just seven homes in the entire subdivision, Black Sands offers the ultimate privacy and seclusion in the heart of the South Maui resort region. The home that was bought by Island Sotheby’s International

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