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!

 

March 19, 2019

Delicious Spam Recipes?

If you've spent any time in Hawaii, no matter which island, then you've come across SPAM. It might have been in the grocery store isles, at the local McDonald's or something you ordered at the local grindz. It is an intriguing food, around since before many of us were born (hopefully not the one that is in your cupboard, though who knows, it might still be good), and it is either revered or hated. I will have to say that of my three children, only the two that were born in Hawaii will eat it, so there must be something in the air here?!?

I thought I would provide you with a few of the more popular ways to enjoy Spam if you're on Maui (or just wish you were.) The first hurdle to get over is to actually buy the Spam, don't let the haters get you down! The second hurdle is to get it out of the can without gagging. Once both of those are done, you are ready for a taste of Hawaii.

The first and probably the most popular is the ever-loved snack, a Spam Musubi. These are available at grocery stores, gas stations and tutu's kitchen. 

 

(These are covered in plastic, they do not have some weird shiny ingredient)

Ingredients:

  • 3 cups of short grain rice
  • 3 cups of water
  • 1 T of oil
  • 1 can of Spam (12 oz), cut into 10 slices
  • 1/4 c of soy sauce
  • 1/2 c of sugar
  • 1/4 c of oyster sauce (optional)
  • 5 sheets of Nori seaweed, each sheet cut lengthwise into 2

You can also add avocados (you know, so they're healthy) or eggs (beaten, and then cooked, flipping once and cut into musubi size portions).

Instructions:

  1. Rinse the rice once or twice, combine with the water in your rice cooker or on the stove and soak for at least 30 minutes. Then cook the rice.
  2. Combine the soy sauce and sugar in a separate bowl, stir until the sugar is dissolved and set aside.
  3. Heat the oil in pan over medium heat, add the spam and cook until crispy on both sides. Add soy sauce mixture and continue cooking spam, turning occasionally, until the mixture is fully absorbed. 
  4. Lay nori seaweed shiny side down and put musubi press in the middle of the strip (if you don't have a press, it still works great to use your hands to form the rice), fill the press, release the block of rice and place cooked spam on the top of the rice. Bring up one side of the seaweed and tuck it between the rice and the spam, bring the other side up to wrap around the spam and moisten the side with a bit of water to seal.

Add sesame seeds, frukiake or sriracha as you see fit. 

Spam fried rice. A staple here in Hawaii, again you can get it just about anywhere and can add everything but the kitchen sink if you want to...just so long as you don't forget that spam!

 

(You'll notice this is the meat-lovers version, no vegetables, sub bacon!)

 

Ingredients:

  • 2 T of oil (vegetable is preferable, but for you health nuts olive oil is okay, but really, who are we kidding, we're cooking spam)
  • 2 large eggs, beaten
  • 2 cloves of garlic, minced
  • 6 oz of Spam, diced
  • 1/2 c of frozen corn
  • 1/2 c of frozen peas
  • 1/2 c of frozen edamame beans
  • 1/2 c of diced or julienned carrots
  • 3 c of cooked rice
  • 1 1/2 c of soy sauce
  • 1/2 T of fish sauce
  • 1/2 t of sesame oil
  • 1/2 t of white pepper
  • 2 green onions, sliced
  • Sriracha

Feel free to add any other vegetables as well (julienned yellow peppers are a good addition).

Instructions

  1. Heat 1 T of oil in a skillet on low heat, add the beaten eggs, cook until cooked through, flipping only once. Remove eggs from heat and once cooled dice into small pieces
  2. Heat 1 T of oil in the skillet over medium high heat. Add garlic and Spam pieces, stirring often, cook until golden brown.
  3. Add selection of vegetables. Cook, stirring constantly until vegetables are tender.
  4. Add rice and toss gently to combine.
  5. Add soy sauce, fish oil, sesame oil, and white pepper. Cook, stirring constantly, until heated through.
  6. Stir in green onions and eggs.
  7. Eat immediately with added Sriracha if you need some added zip.

"Hot Hawaiian" Breakfast. Just run into your nearby Hawaiian McDonald's and enjoy this hearty breakfast...or if you want to make it at home...cook some rice, your favorite type of eggs and fry some Spam.

So, no judgment until you've tried at least one of these recipes and for those that are adventurous, try them all (and then maybe make an appointment with your cardiologist). Good luck!

Posted in Community, Maui Fun
March 15, 2019

New Listing at Kaanapali Shores!

Aloha,

We are excited to showcase a new unit for sale at Kaanapali Shores! 

Kaanapali Shores 942 has the best panoramic ocean view studio for sale on Maui. This amazing Penthouse Ocean View condominium is what you've been waiting for. It is hard to take your eyes off the magnificent view of Molokai and the Pacific, especially now that the whales are back and jumping for joy! Just imagine waking up with the sun, grabbing your coffee and sitting on your lanai to enjoy the early morning peaceful ocean views! 

The features in this condo are just about as dazzling as the ocean views, from the 18x18 Tuscany Travertine diamond pattern floor, to the new Vizio 37" flatscreen with surround sound, to the crown molding. 

Kaanapali Shores is beachfront on one of the most romantic walking beaches in the world. It has 2 swimming pools, hot tubs, an oceanfront restaurant, a fitness center, salon, oceanside massage, tennis courts, BBQs and FREE internet for owners and guests.

Check out this little piece of paradise for sale on Maui now!

Kaanapali Shores 942, studio, 507 SF, $480,000

 

With Warm Aloha,

Lahaina Lee

Posted in Listing News
March 11, 2019

Kaanapali Voted #2 in Top 5 Towns in Hawaii

Aloha!

In a recent "Best of the Best" annual poll taken by Hawaii Magazine, Lahaina, Kaanapali and Kihei were voted by Reader's Choice as 3 of the top 5 towns in Hawaii (and as a side note, Maui was voted as the best island). 

The great news is that they are our favorite towns as well and we have listings in both Lahaina and Kaanapali! Let us help you make them your favorite towns too. 

Located on the North end of Kaanapali, Kaanapali Shores is a destination resort with a plethora of amenities. It isn't right in the heart of Kaanapali, so it is a little quieter, but it is about a 5 minute drive to world famous Kaanapali Beach and Whaler's Village Shopping Center. There is also a board walk just a block from the resort you can jump on that meanders all the way to the end of Kaanapali if you would rather take a walk along the ocean. 

916 is one of the units we have listed for sale at Kaanapali Shores and this penthouse has a stunning view from your living room and both bedrooms. Just imagine taking your coffee out to the lanai each morning and watching the whales. 

It is time to live in one of the Top 5 Towns in Hawaii. Don't you think?

 

 

 

Posted in Community, Listing News
March 5, 2019

Taco Tuesday and the Quest for the Best Fish Taco

Aloha,

Lahaina Lee and Aloha Barb were the first to volunteer to begin the quest for the best fish taco within walking distance of Aina Nalu. They ventured to Amigos, located in the back of the Wharf Center. Watch below and see what they discovered!

 

Posted in Community, Maui Fun
March 4, 2019

Top 8 Reasons You Shouldn't Move to Maui

Living in paradise can be quite a challenge and if you're thinking of moving to Maui I would caution you to think long and hard about the decision. I would encourage you to sit down and think through both the pros and cons of living on a tropical island. To give you some food for thought, I will list the top 8 cons...?!? of moving to Maui.

1. You will get sand in EVERYTHING. Things that you didn't even think it was possible for even a grain of sand to fit in, will house a whole beach. You'll vacuum out your car and it will be epic surf the next day and you guessed it, more sand. Sand in your toes, sand in your hair, sand EVERYWHERE. 

2. Sun Exposure. The cost of (reef safe) sunscreen is high, not just financially, but with your time, because the sun is always shining somewhere on Maui. It will take minutes out of your day to spray on that protective layer. Then you'll have to do it again because it all got washed off in the ocean. Talk about a time suck. And don't get me started on the tan lines. 

3. Fresh fish. Seriously, if I have to go to one more restaurant and hear their special about the mahi that was just caught that day...and there is always a view of the ocean. Maybe I want to eat without seeing the whales breaching, it can be such a distraction from my food. 

4. Aloha Spirit. People are generally always outside and in a good mood. I mean, most of us do have to work, but the good moods start to get on your nerves, "Hey, I hear Windmills is breaking, do you want to go surf after work? Hey, do you want to grab a coffee and go sit at the beach for lunch? Hey, do want to go for a walk on the boardwalk next to the ocean in the morning?" Just give it a break already. That aloha spirit can really wear on you after a while, all that positivity and love and compassion. Come on, where is the intensive, competitive work environment and the congested rush hour traffic?!?

5. The Views. Speaking of rush hour traffic, the traffic on Maui can really hold you up. Sometimes you get caught in traffic while driving next to the ocean, while the sun is setting. It can hurt your eyes. 

6. Another Beautiful Sunset?!? Sunsets are another thing. All of the brilliant pinks, reds, oranges and purples make people camera crazy and your iCloud is always full.  

7. Rainbows. You see rainbows frequently, several times a week at least. And I've seen the end, but there never is a pot of gold. 

8. You may never go home again. Maui has the ability to enchant you, to draw you into the crystal clear waters and the pristine sand beaches and you may end up moving to Maui. Just don't say we didn't warn you. 

 

Aloha!

 

Aloha Group Maui can help you buy, sell or exchange a home or condo - for you to live in full-time, part-time or as an investment. Learn more about Maui Real Estate in our Maui Real Estate 101 resources section. Stay informed of market trends by reading the Maui Real Estate Advisor. Aloha Group Maui - We are Your Maui Real Estate Professionals. 

Posted in Community, Listing News
March 1, 2019

Price Improvement! Kaleialoha 208

Aloha,

We recently improved the price for this sweet condo for sale in the Kaleialoha condo complex. This condo has many great features; the most impressive being the million dollar view. From your lanai you can see year-round sunsets, breaking waves, whales breaching (during whale season) and views of both Lanai and Molokai. 

 

 

Another stand-out feature is the over-sized rounded counter-top in the kitchen (which also has ocean views). It is the perfect gathering place for friends and family to sit while the chef prepares the meal (think of all the food samples you would get!).

 

 

The modern design of the bathroom is also very unique. It has a wall-to-wall mirror with a granite back splash mimicking a breaking wave.

 

 

Kaleialoha is located in Honokowai between Kaanapali and Kapalua. It is the perfect spot for the laid back Maui lifestyle without the throngs of visitors. If you like the excitement of the crowds however, the condo is also very conveniently located with easy access to the shopping, beaches and restaurants in Kaanapali and Lahaina, as well the golf courses in Kapalua. Please let me know if you have any questions about this condo for sale on Maui.

1 bedroom, 1 bath, 598 square feet condo listed at $585,000.

 

With warm aloha,

Lee

Posted in Community, Listing News
Feb. 27, 2019

Have you considered a 1031 Exchange in the sale of your property?

Aloha!

 

If you've ever wondered about a 1031 Exchange please see our article below which was featured in the recent edition of the West Maui Neighbors magazine!

 

It’s tax time – have you considered a 1031 exchange to defer capital gains taxes? 

 

Asset performance

Are you looking at your portfolio and wondering if your investment property is performing as well as it should or if there is a better use for your cash? Would it make sense to relocate, consolidate or upgrade investment assets? You could also sell one larger asset and replace it with assets in different locations or different types of assets that better suit future family needs.  Deferring your capital gains through a 1031 exchange lets you keep your money if you re-invest in one or more properties of equal or greater value.

 

Land ownership questions

If you are a landowner, have your goals for that property changed?  Did you inherit the land, purchase it as an investment, for its value and appreciation potential, or to build a future home? Is that property more of a liability than an asset? If you could exchange your vacant land for income producing property and defer any capital gains tax, what could you do with that new-found income? How would that impact you and your family’s life?

 

Ensuring your family legacy

Did you know that you could help your family with a home by executing a 1031 exchange? Family members can inherit investment property in the future with a stepped-up basis (market value at the time of your demise), which can eliminate deferred capital gains tax on that exchanged property.

 

Requirements for a successful exchange

You need to know the required steps to achieve a 1031 exchange and work with the team necessary to achieve your goals – your realtor, tax advisor, attorney, qualified intermediary, lender and escrow company. Here are some of the steps to follow for a successful exchange:

  • Make sure the numbers allow you to reach your goals
  • Prepare your property for sale and price it to sell in the current market
  • Simultaneously search for a replacement property
  • Carefully handle due diligence of replacement property
  • Close on replacement property and defer capital gains
  • Watch the timing carefully to stay within IRS guidelines.

 

You need to adhere to some guidelines for 1031 Exchange:

  • You must designate up to 3 replacement properties within 45 calendar days of sale of relinquished investment property or the 200% rule may apply
  • The purchase of replacement property must close escrow within 180 days from closing date of relinquished property
  • You must select a qualified intermediary before closing escrow on the relinquished property and may not take possession of any cash proceeds from the sale of that property – funds must be handled by that intermediary.

 

For more information on 1031 exchanges go to Maui1031Exchange.com or register now for our next FREE 1031 Exchange Seminar in Kahului on March 28.

 

 

** This is not tax advice – please consult with your tax professional.

 

With warm aloha,

 

Barbara and Lee Potts

Feb. 26, 2019

Launiupoko Home for Sale with Price Improvement!

Aloha,

 

 

One of my favorite things about Maui is the consistently breathtaking sunsets; and the view is particularly spectacular from Launiupoko. Located at the base of the West Maui Mountains this neighborhood boasts 360 degree views from most of the homes. This home for sale is no exception! Look out the back and see the expanse of ocean stretched out below you; turn around and the beautiful West Maui Mountains rise up in front of you.  

 

 

This Launiupoko property that is listed for sale on Maui just received a price improvement! It is a 3 bedroom, 2.5 bathroom, 1,680 square foot house that opens up to one of the biggest, most beautiful ocean views that you will ever see. You have amazing views from 1,500 square feet of lanais on two levels.

 

 

Just imagine sitting on your lanai (after picking some fresh mangos from your yard) watching the whales breach, the sailboats lazily drift by and then the sun sets exploding the sky into brilliant reds and pinks. It would be the house in paradise that you've been dreaming of!

What else is for sale on Maui?

 

With warm aloha, 

Lee

Posted in Listing News
Feb. 21, 2019

Maui Real Estate Advisor - January 2019

January 2019

Sales Statistics

The beginning of the New Year brings with it continued and heightened discussions of inventory, interest rates, and a shift in the real estate market. The shift in Maui will be exemplified by fewer sales at the mid and lower price points due to lack of inventory. On a national basis we are also being told there will be a slowdown in the luxury sector. However, given an overabundance of inventory on Maui, creating a buyer's market, and a rumored slowdown, now couldn't be a better time to buy a luxury property on Maui. But, overall, it still looks like a seller's market to me. 

Sales:

Single Family Home Sales declined precipitously in January to the lowest number in the last 2 years. Condo sales remained strong with 130, but it will be difficult to maintain that pace with inventory declining so rapidly.

Pending sales:

Pending sales represent properties that are under contract but have not yet closed. They are a key indicator of future sales.

Although pending sales were below 500 units at the end of January, as of this writing, they are over 500 for the first time in 6 months. While that is somewhat heartening, it is still well below the same month a year ago, when pending were just under 600 units, a decline of just under 17%. But with interest rates still at historically low levels, buyers still want to take advantage of rates and get into the market while rates are low. 

Inventory:

Inventory tells us how many units are available for sale in each category. Inventory for homes had a modest decline of just under 4%, while condo inventory went the other way with an increase of 5%.

While the overall inventory for homes has actually stayed fairly steady, give or take about 20 units every month for the last year, the inventory for condos is down about 14% over this time last year. And the inventory we have for homes is mostly at the pricier end of the market. Less than 20% of the homes currently listed are priced at or below the median selling price. 

Selling Prices: average sold prices

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 median is less likely to be skewed by outliers  of a few very high priced or very low priced sales. 

It is worth noting that the average selling price for homes seemed to peak back in October at $1,165,670 after a previous high a year ago in February 2018 of $1,212,000. So, maybe there is some softening at the higher price points in the market. 

The medial price also had a peak back in October. If we look further back at the numbers from the end of 2017 through early 2018, we see that the median price has continued to trend up while inventory remains steady or slightly down.

Condo prices have been trending up since the beginning of the year. Early last year, 2018, the median selling prices were firmly in the mid-$400s after being as low as $400,000 in November of 2017. However, back in November of 2017 there were 624 condos for sale. Today, there are only 560 and even that is an increase from only 500 in November. Perhaps the higher price points could bring some additional properties to market by sellers looking to case in while the market is still favorable. 

Days on Market: (avg-sold listing)

The days on market is the number of days a property has been on the market until close of escrow. That number seems pretty stable. Normal financed sales take 45-60+ days, so on average, homes and condos are on the market up to 100 days before they go into escrow. I believe we are still seeing a downward trend in days on market.

_________________________________

 

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 our 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. We are business people, 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 on 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 fi you are buying property on Maui, it is 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 with both Steve's were there (Job and Woz). She was also Director of Strategic Marketing for Grass Valley Group, a division of Tektronix, and a business broker in California.

 

 

 

Feb. 20, 2019

New Listing H205 - Aina Nalu Condo for Sale!

Aloha,

The sun is shining and the birds are chirping; our beautiful weather is back! We are excited to list another condo in our favorite location on Maui, Aina Nalu. 

 

 

The highlights of this particular condo are that it is located on the second floor of Aina Nalu, so it boasts vaulted ceilings and creates a lighter, more open feel to the all of the rooms in the condo. Also, because of the configuration of the units in the H building, it has more counter and living area space which makes it a great gathering area for all the friends and family you will have visit!

 

 

The grounds of Aina Nalu are beautifully maintained and host an abundance of tropical foliage and palm trees. There are 2 pools, one being an oversized saline pool, cabanas, a hot tub and a pavilion.  

 

This Aina Nalu condo for sale is all about location, location, location! Located in the heart of Lahaina Town, it is an easy walk to a variety of restaurants, to the beach, the harbor, shopping, etc. The Maui bus is also conveniently located (not that you'll need it...you have everything you could ever need a short stroll away!). 

 

This 2 bedroom, 1 bath condo is 772 SF and is listed at $510,000. 

 

With Warm Aloha,

Lahaina Lee

Posted in Listing News