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Real Estate Maui Hawaii Blog

 

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Real Estate Maui Hawaii Blog
Mark and Lisa bring you the latest on the Hawaii real estate market, events, fundraising benefits, news, sports, new island developments, tips to help you buy or sell a home and more. Subscribe to receive updates on our weekly blog today!
New Energy Source May Reduce Hawaii Energy Costs
Home prices are up but cheaper energy costs are in the works.
November 21, 2014

New Energy Source May Reduce Hawaii Energy Costs

Hawaii Real EstateWhile Hawaii real estate prices have been named the second highest in the country, with Massachusetts ranking first, there has been a steady stream of encouraging news when it comes to the cost of energy in our beautiful state. Yes, real estate inventory is low and prices are high, thanks to demand, but solar and wind energy are strong renewable energy sources, which comprise more and more of the overall share of energy used in our state. According to recent news, gas prices are seeing a significant drop, at least for the time being. Now, there is a natural gas deal in the works with the potential to save Hawaii tens of billions of dollars over the next twenty years.

SeaOne Maritime Corp. has developed a compressed gas liquid, or CGL, system, which they state is 50 percent cheaper than other conventional energy sources such as oil and liquefied natural gas, or LNG. Their new patented technology has been in the works for the past decade, and their process includes conditioning, liquefying, transporting and delivering their fully produced gas stream from the field to its markets. Their sources come from stranded and remote reserves.

SeaOne considers Hawaii to make the most sense as a market for their CGL product because of the strong push for more affordable energy sources. It's likely that they'll make more of a profit supplying Hawaii than other states because of the normal cost of energy here, but if their product can make our energy cheaper in the process, and it is environmentally sound, then it will be a mutually beneficial arrangement.

Although there are many promising qualities to CGL, it hasn't been deployed yet, and new technologies and products generally come with kinks to be worked out, or at least adjustments to accommodate them. SeaOne advisor Michael Dee has been meeting with state legislators, regulators, businesses, and industry stakeholders to educate them about CGL. He has pointed out that liquefied natural gas is not the lowest cost option.

Expect to hear more about CGL in energy news in the future, because it took a lot of investment to come this far, which makes it all the more likely to be implemented under the guidance of SeaOne Maritime. Hopefully, it will prove to be a success, and save Hawaii home owners and residents as much money as they plan.

Mahalo for reading this week!

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5th Annual Go Red For Women Luncheon and Health Expo
Help fight heart disease in the Maui community at this important event.
November 14, 2014

5th Annual Go Red For Women Luncheon and Health Expo

Property in WaileaThe Go Red For Women Luncheon & Health Expo will be tomorrow, November 15th, and it's the 5th anniversary of this wonderful event. It will be held at Fairmont Kea Lani Maui Resort, which is located on a stunning beachfront property in Wailea. If you'd like to spend your Saturday in a social and informative atmosphere to support women in the struggle with heart and stroke health prevention, you shouldn't miss this.

This event will help mobilize women as advocates for their family's health, so you won't just be helping women, but the men in their lives as well. The Health Expo portion features a healthy cooking demonstration, a live Q&A with medical professionals, a silent auction and other educational activities.

The Luncheon will feature an inspirational fashion show, which has been kindly sponsored by Macy's. It will feature six wonderful local women who are survivors of heart disease and/or stroke, so be sure to lend extra support and enthusiasm in honor of their strength and bravery.

The event costs $100 per person, and all the proceeds from the Go Red For Women Luncheon will be put towards vital research, educational initiatives and awareness campaigns, all to help mobilize women in the fight against heart disease.

Your attendance and support of these efforts will help . If you're lucky enough to call Maui home, what better way to spend your Saturday than by helping a good cause in one of the most beautiful resort areas on the island. You will be surrounded by like-minded individuals, all with a positive goal in mind, and these kinds of events are always great places for networking and meeting new friends with strong values. We hope you can make it, and that you have an enjoyable, fulfilling experience. Mahalo!

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First Made in Maui County Festival a Success
Over 9,000 attend this first-time Maui event.
November 10, 2014

The first ever Made in Maui County Festival took place last Saturday, November 8th - from 8:00 am to 4:30pm - at the Maui Arts and Cultural Center in Kahului and had a fantastic turnout.

This festival was formed and influenced by the success of the Made in Hawaii Festival on Oahu.  The Made in Maui County Festival attracted more than 9,000  visitors and residents.  The festival was anticipated to help stimulate our island's economy and bring understanding of locally made products.  Now, you may wonder, what constitutes "Made in Hawaii"?  Products must have at least 51% of its wholesale value added by manufacture, assembly, fabrication, or production within the state of Hawaii.

Over 130 local businesses showcased their made in Maui County products.  Products included: food, produce, arts, jewelry, fashions, gifts, crafts, collectibles and much more.  Amongst the numerous products to choose from, guests also enjoyed live demonstrations by various vendors throughout the day which began at 8:30am with MauiGrown Coffee and their demonstration on "How to Make the Perfect Cup of Coffee."  A fashion show also took place which showcased 14 different designers and there were many other various demonstrations which took place until 3:30pm.

The Food Court also provided a mouth-watering menu of ono (delicious) food from popular food truck vendors such as: Dibs on Da Ribz, Donut Dynamite!, Like Poke...?, Maui Fresh Streatery, Milagros, Sumo Dogs Maui, and Three's Bar & Grill.  In addition to all the products, food, and demonstrations, prize drawings were also held throughout the day.

The Maui Arts and Cultural Center is about a 25 minute drive from many of our property listings in South Maui.  If you need assistance with your Maui real estate search, you'll find our contact information at the bottom of the page. Mahalo!

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