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| | Jim Sanders Maui Real Estate Blog Maui Real Estate Information and Resources | Stability in the Maui Real Estate Market Bright spots for current and future owners of Maui real estate October 12, 2007 | Current economic trends have been shaky at best, with slumps in many different sectors, including the real estate market. However, a recent report has found some bright spots for current and future owners of Maui real estate.
For current owners, particularly those who have owned an upcountry property or oceanfront Maui home for a decade or more, home values have advanced 200% on average from their original pricing in 1997. A very health ROI on your piece of Maui real estate to be sure. Best of all, statistics currently show average Maui home prices defying the national trend by staying quite stable. In addition, there has been an upsurge in the Maui condo and timeshare market as well, another very positive sign in the Maui real estate market.
All this is not only great news for Maui property holders and sellers, but also great for the buyer looking for an affordable upcountry Maui home. How you may ask? Simple, while pricing of homes on Maui may not be plummeting, their average prices are not skyrocketing to un-obtainable heights either! So for those in the market for a new Upcountry Maui home with bi-coastal views or beachfront property in Makena, now is the perfect time to buy as reasonable prices abound! |
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Jim
Sanders Realty, Inc.
P.O. Box 792050
137 Hana Highway Unit C
Paia, Maui, HI 96779 |
Office:
(808) 579-8255
Fax: (808) 579-9004
Toll Free: (800) 556-1288
Email: info@jimsandersrealty.com
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