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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!

 

May 23, 2023

Maui Real Estate Advisor ~ Issue 126, May 2023

Aloha,

It's May on Maui, and it's probably May where you are too. On Maui, May brings graduations, the beginning of wedding season, and, for us, the definite end of whale season. Although whales were reported being seen as late as last week, sadly, they will be on their way back to Alaska now. 

May is also considered to be one of our "shoulder" seasons. It is a space in time between our winter travelers who are here to escape from those cold places on the mainland, like the west coast, and summer visitors who come to enjoy Maui when the kids get out of school for the summer. 

In the olden days, the winter and the summer were both "high" seasons for Maui. No, not that high:). It meant there are a lot of travelers here. The hotels and condos, as well as the restaurants and the tourist activities were full. The shoulder season time meant there were fewer guests, higher vacancies, and Maui got a bit of a break.

These days, in the time of Al (don't get me started), the hotels and airlines have figured out how to adjust prices to lure price sensitive and bargain savvy travelers to the island. So, the island is still packed, and shoulder season is about as busy as any other season.

For those of us who live here, every day in May is just like every other day, another day is paradise.

____________________________________

SALES:

Sales are the number of properties that actually closed escrow. These properties likely went under contract anywhere from 2 to 8 weeks before closing.

After an encouraging increase in March sales, home sales fell back to what the market and economic factors are dictating to be the current normal. There were 56 homes sold in May, which according to the Maui MLS means we have 4 months of inventory. However, with the median asking price for a home on Maui at $2.1 million and the median actual selling price at just $1.1 million, we might see the number of sales continue to decline. 

And when did you ever think you would hear someone say that a house would cost just $1.1 million?!?

For comparison's sake, the last time the number of sales was consistently as low as the beginning of this year, was the first few months of 2009. Back then the median selling price for a home was $567,000, and there were over 1,100 homes for sale. 

Condos also had an encouraging sales spike in March, but, as with homes, slid backwards in April. However, there were still 89 sales during the month, which is the second highest number of condo sales in any month so far this year. Pending sales have been holding pretty steady for a few months now, and inventory, although very low, has also been fairly steady. There is also a good match between the median selling price for condos, we we may see the same level of sales for a while. At least until we run out of condos for sale. 

Click here to see condos for sale on Maui.

____________________________________

INVENTORY:

Inventory tells us how many units are available for sale in each category.

The 241 homes for sale on Maui on May 1, is the lowest number of homes for sale this year. The highest number for sale wasn't much higher at 271 homes in both January and February. the 241 homes for sale translates into 4 months of inventory, which is still a seller's market. The current number of new listings is also down 37% compared to the same time last year. That would be another indication that home sales will remain low.

Click here to see homes for sale on Maui.

Condo inventory dropped below 200 units once again. That gives us just a tad over 2 months of inventory for sale, and with new listings down more than 43% from last year, it's hard to see sales continuing at the pace of the last 2 months. So, that thing I said about sales continuing at the same level - never mind. We can expect that sales will fall back to the 60 to 70 units we saw earlier this year. 

____________________________________

SELLING PRICES: average and median sold price

We look at Average and Median prices in all categories. A lot of people like to know the average price; however, we tend to use median for most of our analysis because the median is less likely to be skewed by outliers of a few very high priced or very low priced sales.

The average selling price for a home dropped $246,000 from March to April, coming in at $1,735,500. However, though the first 4 months of 2023 selling prices on Maui are still up 5.6%. If that seems like a "Maui thing", CoreLogic, a national real estate date company, reported that the average home price nationally was up 1% in the first quarter of 2023. The median price for a house in the USA at the end of April was $388,800.

The median selling price for a home on Maui dropped $78,500 month over month but remained above $1.1. million. There are currently 42 homes for sale in Maui County priced at $1.1 or below. The 3 lowest priced homes are all on the island of Molokai. The highest priced home on Maui is in Kapalua, priced at $41,900,000, and it has been on the market for 221 days.

The average selling price for a condo fell $56,000 month over month but remained above $1.1. million. The median selling price for condos is up 8.7% and the median price is up 7.2% this year as compared to last year. 

Click here to see what YOUR property is worth.

____________________________________

DAYS ON MARKET:

The days on market (DOM) is the number of days a property has been on the market until close of escrow.

We don't usually report much on this data point unless there is an anomaly, and last month there was. In March the DOM for condos shot up to 260 days for condos sold. However, not to worry, April's DOM was back down to 115.

And since we brought it up... The average DOM for condos for sale has gotten out of the 80's. In 2021 the "normal" days on market was more like 140 days.

June starts our next busy season for real estate on Maui, that's just around the corner. If you would like to see all of the condo listings on Maui, click here, or home listings on Maui, click here. If you would like to know what your property is worth on Maui, or anywhere in the U.S., click here to get a FREE online estimate of value.

A Hui Hou!

Get more information and details

To get more information on property and trends, you can search all properties listed for sale at www.AlohaGroupMaui.com.  If you can’t find what you’re looking for there, send us an email to lee@alohapotts.com, and we’ll do our best to get an answer for you.  As we get more requests for information, we’ll add new sections to the website, newsletter or both.

______________________________________

About Aloha Group Maui

 

Aloha Group Maui was founded by L. Lee Potts, MBA, REALTOR® R(B) and Barbara S. Potts, MBA, REALTOR® R(B) and former California CPA. Our team consists of talented professionals; Cheri Miller R(S), Suni Novotny R(S), Keri Nicholson R(S), Myra Plant R(S), Anthony Freda R(S), Courtney Stice, R(S), Kathy Becklin, R(B), Heather Zidell, R(S), Magdalena Odonnell R(S), Sarah Twitchell R(S), and Tony Brown R(B). 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.  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 a professional team.

 

Lee Potts is the former President of an international software company and former Marketing VP of a publicly traded franchise organization.  Lee and Barbara are both licensed under Keller Williams Realty Maui.  

 

Barbara Potts was a CPA with Ernst and Young before joining Apple Computer back when both Steve’s were there (Jobs and Woz).  She was also Director of Strategic Marketing for Grass Valley Group, a division of Tektronix, and a business broker in California.

 

Copyright 2023 L. Lee Potts

 

Statistical information in this newsletter is based on actual sales information reported to the Realtors 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.  

 

May 19, 2023

Daily Dose of Vitamin Sea ~ May 19, 2023

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

Happy Aloha Friday!

If you're looking for something fun and with great local flavor this weekend, check out the Maui Brewers Festival.

Annual Maui Brewers Festival - This is one of the MACC's premier fundraising events! There will be tasty food from local restaurants, beer tasting, national craft breweries and live music. If you don't like beer, there will be cold brew, Kombucha, root beer and more!

Otherwise, we'll see you on the beach!
 
Welcome to new team member, Sarah Twitchell! We're excited to have her knowledge and expertise on the team!
 
If you've never had the opportunity to do goat yoga in Kula, it is highly recommended (but don't expect much yoga...).
Posted in Community, Maui Fun
May 5, 2023

Daily Dose of Vitamin Sea ~ May 5, 2023

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

Happy Aloha Friday!

In a very "who's on first" sort of way, WHO (world health organization) announced that COVID-19 is "no longer a public health emergency of international concern." That seems like great news and forward movement! Does that mean what's on second?!? (Comedy just isn't like it used to be).

Has anyone been driving North of Lahaina recently? If so, you'll have noticed that grading has started on the Pulelehua project site. It has only taken about 18 years. They are still waiting for other permits, but it sounds like things are finally moving forward. 

We know that people are traveling in and out of town all the time, be sure to let us know if you're here, we would love to catch up!
 
Waving goodbye...the last whales of the season. Click picture to play.
 
There are a few community events and fundraisers this weekend that we've seen posted around town while being out and about.
 
"To travel is
to live."
Posted in Community, Maui Fun
April 28, 2023

Vitamin Sea ~ April 28, 2023

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

Happy Aloha Friday!

Another month has flown by and here we are already about to head into May! And boy does the weather feel like summer already...

There are some great events coming up in the next few weeks, so get out there and have some fun!1. Maui Brewers Festival - On Saturday, May 6th, the Maui Arts and Cultural Center will host the 12th Annual Maui Brewers Festival. This event features over 80 craft beers from Hawaii and around the world, as well as delicious food from local restaurants and live music. It's the perfect way to spend a relaxing Saturday afternoon.2. Hana Taro Festival - If you're looking for a more cultural experience, head to the Hana Taro Festival on Saturday, May 6th. This festival celebrates the taro plant, a staple of Hawaiian cuisine. There will be food booths, live music, hula performances, and a taro farming demonstration.3. Maui Upcountry Fair - On Saturday and Sunday, May 6th and 7th, the Maui Upcountry Fair will take place in the town of Makawao. This family-friendly event features carnival rides, games, live music, a farmers market, and more.No matter what your interests are, Maui has plenty of fun events to offer. So grab your sunscreen, maybe a personal fan or two and enjoy the island!

Let us know if you're in town, we'd love to catch up.
View of West Maui Mountains from Oluwalu
"Sunsets are the opening music
of the night."
~Mehmet Murat Ildan
Posted in Community, Maui Fun
April 20, 2023

Daily Dose of Vitamin Sea ~ April 20, 2023

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

Aloha,

Hope everyone is having a good week! The Maui Marathon is this weekend, so be aware of road closures and good luck to anyone that is running! You have my admiration!

And just in case you haven't heard the news, Iao Valley State Park won't be reopening until May 1, 2023 and if you are out-of-state you will need a reservation

If you missed this recent article in The Civil Beat about Mayor Bissen's attempt to deal with the affordable housing issue on Maui, it is an interesting read, particularly if you are kamaaina. Click here to read more. 

Well, that is Maui in a very quick nutshell, we would love to hear how you're doing. Drop us an email or stop by if you're on island, we'd love to chat. 
Beautiful Iao (a few years ago)
Sometimes you just need a
beach day.
Posted in Community, Maui Fun
April 14, 2023

Daily Dose of Vitamin Sea ~ April 14, 2023

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

Happy Aloha Friday!

We are halfway through April and in talking with friends on the mainland it sounds like spring has finally sprung, maybe?!?! 

We've sadly said goodbye to the whales, there are a few still hanging around, but the majority are on their way back to Alaska, which also means that the hot, sweaty summer is on its way (boo!). 

Have a great weekend, remember your taxes are due soon...Let us know if you're in town, we'd love to catch up! 
Adventures abound!
Nakalele Blowhole
"Beautiful sunsets
need cloudy skies."
~Paulo Coelho
Posted in Community, Maui Fun
April 14, 2023

Maui Real Estate Advisor ~ Issue 125, April 2023

Aloha,

If you own property on Maui, you should have received your property tax assessment by now. Hopefully, you were sitting down (preferably somewhere like pictured above!) when you opened it. Anyone with even a passing interest in Maui real estate knows that prices have increased dramatically in the past few years. However, you might not have noticed that the assessed values did not increase much. The assessed value of one of my condos increased just 2.2% between 2020 and 2022. The market value was up about 50%.

The good news is that the assessed value is up only, if I can say "only", 31.5% in 2023. But even looking at the situation through rose colored glasses doesn't take the sting out of the chunk you new tax bill will take out of your household budget or the hit on the ROI for you investment properties. Price appreciation has slowed on Maui, as you will see in this report, but don't be surprised if your assessed value increase for next year is in the double digits again.

Interest rates have been a hot topic in real estate since they started escalating at the beginning of 2022 when the rate for a 30-year mortgage was at 3.2% according to Freddie Mac. By November, that rate was over 7%.

However, Sam Khater, Vice President of Freddie Mac said, "Turbulence in the financial markets is putting downward pressure on mortgage rates." That's good news, and rates have been coming down. Last week, according to Freddie, the 30 year fixed rates was 6.28%. Some of our Maui lenders are advertising 6% for conforming loans and 5.5% for Jumbo loans. We are even seeing condo-tel rates under 6% again.

And then there is the banking news, the Fed and an economy that keep sending mixed signals, but we can dig into that another time.

So much for the buzzy picture on the economic trends, what are the real estate trends on Maui?

______________________________________________________________________________

SALES:

Sales are the number of properties that actually closed escrow. These properties likely went under contract anywhere from 2 to 8 weeks before closing.

Home sales rose to their highest level in 6 months with 72 sales. That was a 64% increase in month-over-month sales; however, sales are still down 30% as compared to March of last year. And last month's bump up may just be a blip on the radar. That's because leading indicators on the trend line such as pending sales and inventory both declined or remained flat for the month.

Condo sales had a big month with 119 sales. We haven't seen that many sales in one month since July of 2022. The 119 sales represent an 80% increase over the prior month, but it is still 35% below the same month in 2022. Pending sales for condos dropped significantly. Inventory was flat, and a long as it's not declining, I think we'll take that as a win.

______________________________________________________________________________

Pending Sales:

Pending sales represent properties that are under contract but have not yet closed. Pending are the pipeline that tell us how many sales are likely to happen in the next couple of months.

______________________________________________________________________________

INVENTORY:

Inventory tells us how many units are available for sale in each category.

The number of homes for sale dropped 6%, compared to the previous month. While 248 homes for sale is the lowest number in the last 6 months, the trend line is fairly flat going all the way back to July. And it's likely to stay that way as only 75 additional homes, new listings, came to market during the month and there were 72 sales. That keeps our monthly supply of inventory at about 3.5, so it is still a seller's market

Condo inventory remained at 210 condos for sale, the same as last month. There were 107 new listings added to the market, but there were 119 sales. So, unless there are significantly more new listings in April, we are likely to see the inventory get even tighter. With less than 2 months of inventory it is still clearly a seller's market for condos. 

______________________________________________________________________________

SELLING PRICES: average and median sold price

We look at Average and Median prices in all categories. A lot of people like to know the average price; however, we tend to use median for most of our analysis, because the median is less likely to be skewed by outliers of a few very high priced or very low priced sales. 

The average selling price for a Maui home shot back to almost $2,000,000. According to statistics published by the Realtors Association of Maui, that is up 9% over March of 2022 and 16.7% for 2023 year-to-date over 2022.

The median home selling price rose 11% from last month. It is also up 1.9% from last March. At $1,150,000 the median selling price for 2023 so far this year, is unchanged from 2022.

while both the average and median selling prices for condos were down compared to last month, they are still up for the year-to-date. Three months into 2022, the median selling price was $750,000 compared to $800,000 this year according to the Realtors Association on Maui.

______________________________________________________________________________

DAYS ON MARKET:

The days on market (DOM) is the number of days a property has been on the market until close of escrow. 

Days on market in one trend that seems to be running counter to all of the other trends. The average days on the market for a home to sell jumped 32% for the month form 102 days to 135 days. Part of that increase was due to 6 homes that finally sold after being on the market for more than 340 days. One of those homes has actually been on and off the market since 2004, when it was priced at $20,000,000. It sold in March for $20,750,000.

The days on market for condos to sell was also up, and by a crazy amount. By the count in the MLS the average time on market for a condo to sell was 260 days. What!!! Well, mystery solved. There were several closings at new condo developments that put condos under contract as far back as 2018 that just closed last month. That most definitely skews the average.

It does seem that it is taking longer, especially for single family homes, to sell. I'm hearing the same thing from my fellow brokers. I can tell you that historically we agents can usually feel changes in the market before they show up in the numbers.

The fact is that prices on Maui are continuing to rise. You might wonder what is keeping them on the rise? There are a few key factors. The supply of both condos and homes is so very low, and it is hard to envision that changing anytime soon. The economy remains stubbornly strong despite the Fed's best efforts to slow it down. Buyers seem to have mentally adjusted to  today's interest rates. And interest rates don't seem to affect 40%-45% of our buyers, as that is the percentage of buyers for homes and condos respectively who paid cash for their purchase last month.

See you next month.

Its always good to end with a sunset!

Get more information and details

To get more information on property and trends, you can search all properties listed for sale at www.AlohaGroupMaui.com.  If you can’t find what you’re looking for there, send us an email to lee@alohapotts.com, and we’ll do our best to get an answer for you.  As we get more requests for information, we’ll add new sections to the website, newsletter or both.

______________________________________

About Aloha Group Maui

 

Aloha Group Maui was founded by L. Lee Potts, MBA, REALTOR® R(B) and Barbara S. Potts, MBA, REALTOR® R(B) and former California CPA. Our team consists of talented professionals; Cheri Miller R(S), Suni Novotny R(S), Keri Nicholson R(S), Myra Plant R(S), Anthony Freda R(S), Courtney Stice, R(S), Kathy Becklin, R(B), Heather Zidell, R(S), Magdalena Odonnell R(S), Sarah Twitchell R(S), and Tony Brown R(B). 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.  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 a professional team.

 

Lee Potts is the former President of an international software company and former Marketing VP of a publicly traded franchise organization.  Lee and Barbara are both licensed under Keller Williams Realty Maui.  

 

Barbara Potts was a CPA with Ernst and Young before joining Apple Computer back when both Steve’s were there (Jobs and Woz).  She was also Director of Strategic Marketing for Grass Valley Group, a division of Tektronix, and a business broker in California.

 

Copyright 2023 L. Lee Potts

Statistical information in this newsletter is based on actual sales information reported to the Realtors 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.  

April 12, 2023

Aina Nalu News ~ Q1, 2023

Presented by Aloha Group Maui

Issue 70, Q1 - 2023

Aloha from your resident experts!

February numbers for tourism came in last week and by all accounts both visitor count and revenue spend were way up compared to this time last year, which isn't too much of a surprise. What was interesting is how close numbers were to 2019. Does everyone remember how busy the island felt and how much traffic there was? Spending was significantly higher this year, even compared to 2019 with slight more visitors, and that isn't too much of a surprise either.

Sales activity at Aina Nalu in the last year seems to happen as fast as a unit goes on the market, or in a few cases, faster because the units were sold before they even made it to the market. 

There were no units in escrow at the end of the quarter, and units continue to sell at record prices. 

With the exception of A106, each of the other 3 units sold for about asking price. For comparison's sake, G202 was sold for $750,000 in Q1 2022, and similar unit, G209 was sold for $890,000 is Q1 this year, a difference of $140,000. And the comparison between Q1 2023 and Q1 2021? I102 at $865,000 vs I203 at $485,000 (with consideration of floor level), comes in at a difference of $380,000 in just two years. Wow. It doesn't seem like prices could go up much more, but we'll keep watching and keep you informed. 

From January 1 to March 31 there were 4 listings and 4 closed sales. There were 0 cancelled listings, and 0 expired listings at the end of the quarter. There were 0 active listings and 0 pending sales at the end of the quarter. 

For more details on current Maui real estate prices and sales, go to the Maui Real Estate Advisor for all the stats. 

March 23, 2023

Maui Real Estate Advisor ~ Issue 124, March 2023

The headlines are not the story.

As Paul Harvey used to say, "And now, the rest of the story."

For those of you that don't remember or aren't old enough to do so, Paul Harvey was a radio personality who presented his show as news and commentary. He was professional enough to make sure the listeners knew when he was reading the news and when he was giving his point of view.

Last month, National headlines screamed "Foreclosures are up 115%" which, while true, didn't tell the rest of the story. As the chart below illustrates, 2021 had the lowest number of foreclosures since before the Great Recession. So, the eye-popping 115% increase was the gain over the previous year, 2021, which had the lowest number of foreclosures since at least 2000.

For a bit more context, foreclosures listed for sale on Maui were down 66% from January to February. That huge drop in foreclosure inventory was because we went from 3 for sale down to just 1 for sale.

Earlier this week the Maui News trumpeted "Housing sales continue downward tumble." The sub-headline went on with, "UHERO director: Sales across state falling to levels not seen since the Great Recession." Tying together "downward tumble" and the "Great Recession" would make most readers believe that the value of real estate is tumbling down at a rate similar to that during the Great Recession. As any consumer looking for a home or any Realtor trying to help that consumer can tell you, there isn't much for sale and prices are not falling on what is for sale.

Sales have slowed due to lack of inventory. We are also seeing reductions in asking prices, but selling prices are stable or "stablish" for homes and are up a bit for condos.

Read on for the rest of the story.

_____________________________________

SALES:

In February, home sales and home inventory were both down, but pending sales increased. The 44 home sales in February were 25% lower than the previous month. That is actually 10 fewer homes sold than December of 2008 during the Great Recession. Of course, the median selling price back then, at $567,500 was less than half of today's median price. And instead of having 264 homes for sale, there were 1,103 for buyers to choose from.

Condo sales, at 66, were up for the month, and, up from the 36 that were sold in December of '08. The big difference in that there are plenty of people who want to buy condos today, as demonstrated by the fact that we have only 3 months of inventory. In 2008 we had 1,722 condos for sale on the market or 4 years' worth of condos for sale. And buyers back then were a little nervous about investing in real estate.

_____________________________________

INVENTORY:

Clearly the downward tumbling market of 2008 had nothing to do with inventory. Today's slow sales rate has everything to do with inventory. Although, with home sales off 25% for the month and inventory down only 2.5%, but still down, the number of homes being sold compared to the number available for the month indicated we have 6 months of inventory at the current rate of sales. That is, by most measures, a balanced market.

The rest of that story is that of the 264 homes list for sale, 219, or 83%, are priced at over $1,000,000.

Inventory for condos dropped by about 4% last month. However, the number of sales, pending sales and prices were all up. It doesn't seem like today's buyers are nearly as nervous as they buyers during the Great Recession were.

_____________________________________

SELLING PRICES: average and median sold prices

The month-to-month average selling price for a Maui home has been erratic for the last few months as you can see on the pricing chart. The median price has been much calmer, in fact, almost flat over the last 6 months.

The average and median selling prices also tell a story of the huge mismatch in supply and demand. The median selling price indicates demand for homes selling at the $1,076,000 level. The current median asking price for a home is $2,000,000, and the average asking price is $3,952,000.

The average selling prices for condos have also been up and down over the last 6 months, hitting a low at $888,000 in October, and zipping back up to $1.35M in November, then down for 2 months and back up. What a ride!

The median selling price seemed to be on a downward trend, bur then rose 38% month over month. Tune in next month to see if condo prices stay up or if the pricing tide goes out and prices settle back down a little.

 

The rest of the story

The rest of the story is not so much the devil is in the details, but even factual headlines can be click-bait. And we'll keep digging into the numbers and trends to try and give you...the rest of the story.

It's always good to end with a sunset.

Get more information and details

To get more information on property and trends, you can search all properties listed for sale at www.AlohaGroupMaui.com.  If you can’t find what you’re looking for there, send us an email to lee@alohapotts.com, and we’ll do our best to get an answer for you.  As we get more requests for information, we’ll add new sections to the website, newsletter or both.

______________________________________

About Aloha Group Maui

 

Aloha Group Maui was founded by L. Lee Potts, MBA, REALTOR® R(B) and Barbara S. Potts, MBA, REALTOR® R(B) and former California CPA. Our team consists of talented professionals; Cheri Miller R(S), Suni Novotny R(S), Keri Nicholson R(S), Myra Plant R(S), Anthony Freda R(S), Courtney Stice, R(S), Kathy Becklin, R(B), Heather Zidell, R(S), Magdalena Odonnell R(S),  and Tony Brown R(B). 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.  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 a professional team.

 

Lee Potts is the former President of an international software company and former Marketing VP of a publicly traded franchise organization.  Lee and Barbara are both licensed under Keller Williams Realty Maui.  

 

Barbara Potts was a CPA with Ernst and Young before joining Apple Computer back when both Steve’s were there (Jobs and Woz).  She was also Director of Strategic Marketing for Grass Valley Group, a division of Tektronix, and a business broker in California.

 

Copyright 2023 L. Lee Potts

Statistical information in this newsletter is based on actual sales information reported to the Realtors 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.  

March 17, 2023

Daily Dose of Vitamin Sea ~ March 17, 2023

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

Happy St. Patrick's Day! 

Who is having corned beef and cabbage for dinner? And make sure your dessert is green!

Spring Break is in full swing here; don't believe me? Take a look at the traffic...and then keep an eye on the car in front of you. Past the full island, the weather is beautiful and the whales are still singing.

Stop by if you're in town, we'd love to chat!
 
"Hope is like the sun,
which, as we journey torward it,
casts the shadow of our burden behind us.
~Samuel Smiles
Posted in Community, Maui Fun