The Latest From Our Blog

This is where you can find out more about what's new at Aloha Group Maui - new homes for sale, new condos for sale, video tours, 3D tours, price adjustments, open houses, our community involvement, and Maui fun!

 

July 29, 2020

Daily Dose of Vitamin Sea ~ July 27, 2020

Update from Maui ~ your daily dose of "vitamin sea"

Hurricane Douglas, or as we like the say, "mild rain storm Douglas", hit Maui yesterday. While a wild storm is sometimes exciting, we are thankful it petered out and everyone was safe, we've had enough excitement this year!

We had the opportunity to go snorkeling off of a boat Saturday before the storm hit and it was a fantastic day! The water was clear and the marine life abundant. 
 
 
"The sea, once it casts its spell, holds one in its net of wonder forever"
~Jacques Yves Cousteau
 
Check out Friday's Maui Real Estate Market Report. If you need to refer back to anything I said, click here for the script. Let me know if you have any comments, questions or answers at Lee@AlohaPotts.com. I'd love to hear from you!
 
Cheri Miller, one of our agents, took this picture Sunday evening. At least Hurricane Douglas gave us a great sunset!

Stay safe and well.
Click here for the latest updates from Maui
Posted in Community, Listing News
July 24, 2020

Daily Dose of Vitamin Sea ~ July 24, 2020

Update from Maui ~ your daily dose of "vitamin sea"

Happy Aloha Friday! Stay safe Hawaii! 
 
The calm before the storm?!?!
 
"And once the storm is over, you won't remember how you made it through...you won't be the same person who walked in. That's what the storm is all about."
 
Stay safe and well.
Click here for the latest updates from Maui
Posted in Community, Listing News
July 22, 2020

Daily Dose of Vitamin Sea ~ July 22, 2020

Update from Maui ~ your daily dose of "vitamin sea"

Can anyone else believe that July is almost over and thus, half the year? For as LONG as this year has been, it sure has gone quickly! 

The next few weeks should be interesting as parents await final decisions about public schools opening on August 4, and what their child's education will look like this fall. There continue to be changes and adjustments as time marches on and we can only expect more. We are also waiting with nervous anticipation on whether or not the governor will allow visitors in without quarantine on September 1 or if it will be delayed yet again.

But, as ever, we are so thankful to live on our beautiful island and hope all of you are well! We would love to hear from you, so feel free to reach out and say Aloha! 
 
Another beautiful sunset!
 
"life - a coastline,
somewhere waves hit you hard.
and somewhere life seems too far.
but life - and we sail along."

~khawaja musadiq
 
Stay safe and well.
Click here for the latest updates from Maui
Posted in Community, Maui Fun
July 20, 2020

Daily Dose of Vitamin Sea ~ July 20, 2020

Update from Maui ~ your daily dose of "vitamin sea"

As everyone gears up to head back to Maui in September (we're keeping our fingers crossed), you might be wondering what is opened and what has closed. 

It seems as though some stores and restaurants are waiting to reopen when quarantine is lifted and visitors are safely allowed back on island, but as we periodically walk down Front Street, it does seem as though more and more stores are starting to reopen. Watch below!
 
 
 
"People who love to eat are always the best people ."
~Julia Child
 
Stay safe and well.
Click here for the latest updates from Maui
 
Posted in Community, Maui Fun
July 19, 2020

Kaanapali Shores Bulletin 1/1/20-6/30/20

Aloha!

The first half of 2020 has been dramatically impacted by the COVID virus, with activity slowing considerably once the island was "shut down" with no travel, open houses, or non-essential activities. Up until that time, the market was humming right along with demand exceeding supply and prices continuing to inch upward.

Prices seem to still be holding up, but without rental income we're hoping our fellow owners can hold out. Since all rentals ceased in mid-March and showings are virtual only, there have been fewer sales and new listings. There is still buyer interest, but many are "on hold" until quarantine requirements are past or at least until buyers can visit the island again as guests.

Here's the breakdown for units sold in the 1st half of 2020:

The outcome for 2020 remains uncertain. The governor's date for mainland visitors to arrive without a quarantine requirement is elusive as COVID cases are spiking on Oahu and the US mainland.

Currently, we have our office on the ground floor near the gym, however, we've had to temporarily close since the COVID crisis. The office will open as soon as you and our visitors are welcome back to Maui.

During the 1st half of 2020, there were 10 sales. There was 1 property in escrow at the end of the six months. There was 1 expired listing that later came back on the market and sold. There were 2 cancelled listings, one of which is now back on the market. 

For further information on properties at Kaanapali Shores or anywhere on Maui, contact any of the Kaanapali Shores Team at info@kaanapalishoresteam.com. 

July 19, 2020

Daily Dose of Vitamin Sea ~ July 17, 2020

Update from Maui ~ your daily dose of "vitamin sea"

Happy Aloha Friday! We hope you have a great weekend and are staying safe and healthy!
 
Napili Bay is one of our very favorite beaches and the only thing that has changed since this video was taken a few weeks ago is the tide...
 
"I went to Maui to stay a week and remained five. I never spent so pleasant a month before, or bade any place goodbye so regretfully. I had not once thought of business, or care or human toil or trouble or sorrow or weariness, and the memory of it will remain with me always."
~Mark Twain
Mahalo to Margaret Jones for her spectacular capture of a recent Maui sunset. Talk about cotton candy skies!
 
Stay safe and well.
Click here for the latest updates from Maui
Posted in Community, Maui Fun
July 16, 2020

Daily Dose of Vitamin Sea ~ July 15, 2020

Update from Maui ~ your daily dose of "vitamin sea"

There are times when you have to choose joy and work hard to remain positive. We know that we will all get through this and one day we will look back and say, "Remember back in 2020 when we had all that time and the world was quiet for a little while?" 

If you need a little pick me up in the meantime, it is National Ice Cream day on July 17, and Roselani is celebrating by giving you a free scoop of ice cream (if you're on Maui). Click here for more details

We are thankful for the health of our island and never want to take that for granted. We are awed by the way the community has come, and is continuing to come together and provide food boxes for those who have lost their jobs.

But we are ready to welcome everyone back! 
 
Sometimes you just need to swim with dolphins.
(note: dolphins were not approached, nor bothered, in the making of this video).
 
"To finish the moment, to find the journey's end...is wisdom."
~Ralph Waldo Emerson
 
Stay safe and well.
Click here for the latest updates from Maui
Posted in Community, Maui Fun
July 16, 2020

Aina Nalu News Q2 - 2020

Aloha from your resident experts!

For all of the 2nd Quarter of 2020, we have been subject to COVID-19 quarantine and social distancing guidelines, with just a few visitors from other Hawaiian islands in the latter half of June. The town of Lahaina continues to be quiet, with some restaurants reopening for seated dining. There have been very few short-term rentals this quarter, resulting in zero income and continuing owner expenses such as electricity, taxes, insurance and AOAO fees.

This has shifted Aina Nalu's market quite a bit, resulting in unsold listings at the end of the quarter, lower prices and only one unit in escrow at quarter end - a 2 bed, 2 bath unit (C107) that closed escrow on July 6 with a much lower sales price of $505,000.

A one-bedroom unit that was in escrow at the end of the 1st Quarter (J106) fell out of escrow and is still listed at this time with 248 days on the market as of July 7.

Here is a summary of what happened in Q1 2020 vs. Q2 2020:

Units currently listed as of July 7 include:

As you can see, prices have dropped for 2/2 units. Last quarter's sales prices ranged from $575,000 to $599,000. Months with no rental income and continuing economic uncertainty have resulted in some owners liquidating their positions.

Interestingly, overall prices on Maui have not really fallen much at all this quarter, while condo sales have fallen. For more details on current Maui real estate prices and sales, click here MauiRealEstateMarketReport for the latest Maui Real Estate Advisor with all the stats. And watch your inbox for our weekly market update!

From April 1 to June 30, there were 9 listings and 0 closed sales. There were 0 cancelled listings and 0 expired listings at the end of the quarter. There were 8 active listings and 1 pending sale at the end of the quarter.

For further information, contact Lee Potts at lee@alohapotts.com or (808) 276-8776 or Barb Potts at barb@alohapotts.com or (808) 344-5008. 

______________________________________________

Aloha Group Maui is a team headed by L. Lee Potts, MBA, REALTOR® R(B) and Barbara S. Potts, MBA, REALTOR® R(B) and former California CPA. We are businesspeople, and we treat our clients with the same care and service attitude that we would like to receive when we do business – and we do it with Aloha! We are in business for pleasure and profit. We expect that most of our clients will enjoy the property they own in Maui (pleasure), and it would be nice for everyone if your property performs well for you (profit). Real estate can be highly speculative, and profits are never guaranteed. So, if you are buying property in Maui, it’s a good idea to surround yourself with Real Estate Professionals.

Lee Potts holds an MBA and was the President of an international software company. He was also the Marketing VP of a publicly traded company and has been investing in real estate since right out of college.

Barbara Potts holds an MBA, was a CPA with Ernst and Young, held a financial management position at Apple, was Director of Strategic Marketing for Grass Valley Group (a division of Tektronix), was a business broker in California, and has always been a real estate investor.

We would be honored to represent you with a purchase, sale or 1031 Exchange of Maui real estate. If you’re in Lahaina Town, stop in and see us - our office is across the street in Dickenson Square, in Suite 212.

Copyright 2020 L. Lee & Barbara S. Potts
Statistical information in this newsletter is based on actual sales information reported to the R
ealtor’s Association of Maui, Inc. While this information is deemed reliable, it is not guaranteed. This newsletter is for informational purposes only and not intended as advice for investment or any other purposes. Real estate is considered to be highly volatile and purchasers and sellers of real estate should always seek expert outside advice before investing.

July 10, 2020

Daily Dose of Vitamin Sea ~ July 10, 2020

Update from Maui ~ your daily dose of "vitamin sea"

Happy Aloha Friday! Do you ever feel like playing hooky? There are some days here that we would love to just sit and let our cares be carried away in the breeze. 
 
It was one of those idyllic Maui days!
 
"I followed my heart and it led me to the beach."
 
Stay safe and well.
Click here for the latest updates from Maui
Posted in Community, Maui Fun
July 8, 2020

Daily Dose of Vitamin Sea ~ July 8, 2020

Update from Maui ~ your daily dose of "vitamin sea"

Maui isn't just beaches and palm trees. It is also volcanoes and Silversword. 

Did you know that Silversword is endemic to Haleakala? It is the only place on earth that it grows, can live over 90 years and dies after it flowers. 

Have you ever been to Haleakala? It feels like another world entirely, but, so, so beautiful. (Huge mahalo to Linda Chiu and @jonahkirkham for the amazing pictures of Haleakala).
 
However, we also don't want to forget about the beaches and the palm trees...
 
"I haven't been everywhere. But it's on my list."
~Susan Sontag
 
Stay safe and well.
Click here for the latest updates from Maui
Posted in Community, Maui Fun