According to RealtyTrac, Hawaii foreclosures plunged by 50 percent in July, compared to the same month last year. Why such a dramatic change? Yes, the economy has been improving, but there are a few factors in particular that analysts credit. First, unemployment has fallen significantly since… Continue Reading
Keeping an eye on South Maui real estate developments? Alexander & Baldwin Inc. recently won their final zoning approval for the 600-unit housing project they've been planning for 95 acres in the South Maui area. Low housing inventory and high demand are major driving forces behind… Continue Reading
In a time of such economic transition, it can be hard to get a clear assessment of where we stand, not just on a state level, but on a national level as well. The construction market can tell us a whole lot about conditions in various… Continue Reading
The visitor industry influences many aspects of life on Maui, and especially South Maui, our favorite part of the island. A recent report from Hospitality Advisors LLC and STR Inc. revealed that Hawaii's average daily room rates rose almost 4 percent in May,… Continue Reading