Real Estate Maui Hawaii Blog

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Maui Economic Gains

A strengthening economic pulse for Maui and the state of Hawaii?
December 18, 2009

Maui Economic Gains

Maui Home Sales in Wailea

By Mark Harbison

Things are chugging along towards recovery on Maui lately with some pretty good news coming from different economic sectors.

Maui visitors and residents will be pleased to hear that hotel occupancy was up by 4.2 percentage points to 51.1 percent on the week ending on December fifth. Even more promising for tourists is the nine percent decline in room rates to an average of $186 per night. This drop is the highest of all the islands.

As for the state as a whole, hotel occupancy has climbed by 6.4 percent since the same week last year to 61.5 percent. Room rates were down 6.8 percent to $154 per night. All in all we are gaining visitors and the expense is lower.

Tourism is a huge factor in the economic well-being of Hawaii, so its great to see consistent improvements there. Recent gains have been seen in the stock market as well, with most Hawaii stock up with the Dubai bailout. Wall Street in general saw a lot of gains in conjunction with that event. Since the stock market is volatile by nature, it's a good idea not to put too much stock (pun intended) into its daily fluctuations. Still, good news is good news! And we expect more to come.


We recommend a look at new Maui property listings as well as our Maui real estate listings. Homes for sale in Maalaea also include some great buys. If you have any questions or would like to contact us, you can call (866) 874-1942 toll free or Lisa's cell at (808) 283-7426. You can also email mark@realestatemauihawaii.com or lisa@realestatemauihawaii.com.

Blogs for December 2009

Personal Income in Hawaii Versus US

Posted on December 25, 2009
Personal Income in Hawaii Versus US

By Mark Harbison

Personal income was down for Hawaii by $2 billion in the third quarter this year, as opposed to the third quarter of 2008. The number went from $54.3 billion to $52.26 billion, according to data published by the U.S. Bureau of Economic Analysis.

Personal… Continue Reading

Maui Economic Gains

Posted on December 18, 2009
Maui Economic Gains

By Mark Harbison

Things are chugging along towards recovery on Maui lately with some pretty good news coming from different economic sectors.

Maui visitors and residents will be pleased to hear that hotel occupancy was up by 4.2 percentage points to 51.1 percent on the week ending on December fifth.… Continue Reading

National Employment Trend Rising

Posted on December 11, 2009
National Employment Trend Rising

By Mark Harbison

The Conference Board's national Employment Trends Index rose again in November for the fourth month in a row. This is great news for the labor market which is still in a severe recession.

Since the revised October figure, the index is up 1.8 percent to 90.8,… Continue Reading

Maui Grown Christmas Trees

Posted on December 04, 2009
Maui Grown Christmas Trees

By Mark Harbison

Pines are invasive, so you'd be doing the island's ecology a favor by cutting one down and hauling it home for free. If you'd rather buy one, though, Maui should be very well stocked this year from a variety of sources.

Trees shipped from the mainland… Continue Reading

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Mark and Lisa

Mark A Harbison
R(B) (GRI) (CIPS) (TRC)

Mark@RealEstateMauiHawaii.com

(808) 283-3785

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