Aloha from Maui-Island Update November-2021

The U.S. housing market remains robust, with strong activity reported across both rental and residential housing fronts. Single-family rent prices are increasing rapidly, as demand for single-family housing and inventory constraints forces some buyers to rent, increasing competition and pushing rents up across the nation. As temperatures drop on the mainland, existing home sales continue to be plentiful, buoyed by strong demand, low interest rates, and a slight uptick in new listings in recent months. With interest rates inching upward, and experts expecting further rate increases on the horizon, motivated buyers are hoping to lock in their home purchases to take advantage of what are still historically low rates

Featured Listing of the Month

100 Kapahiki Street, Lahaina, HII
Plantation Estates
Beds: 4 | Baths: 3 | Living Area 3,819sf | Land Area: 6.67 acres
$6,500,000.00

6.67 Acre Agricultural Compound

No expense was spared in this immaculate contemporary Hawaiian agricultural estate on over 6.6 acres in one of Hawaii’s finest communities. This secluded estate borders two intersecting ravines providing the intimate sanctuary many now crave. The perfectly natural setting has a private panoramic ocean and sunset view with Molokai providing the backdrop. The hallmarks of this spacious, impeccably finished, 4-bedroom single-level retreat is the meticulous attention to detail throughout, including Madagascar Lemurian and Volga Blue granites, European interior and exterior porcelain flooring and a showcase of wood accents including teak and mahogany giving this home its contemporary yet Hawaiian character. This superior quality home has steel reinforced concrete exterior walls, Fleetwood doors and windows with laminated impact resistant glass, deep overhang entertaining lanais, an oversized pool and spa and a four car garage. A distinguishing feature of the award winning landscape design is a large sustainably maintained orchard with mangoes, avocados, oranges, tangerines, lemons and other delicious fruits. The property is powered by a wholly-owned 132-panel solar system.

Invitation to learn more about Cohana Homes… Through co-ownership in luxury Maui homes, Cohana helps sophisticated, high net-worth
individuals, couples and families realize their dream of owning a second home in one of the world’s most desirable vacation destinations. If you are one of the many who only using your Maui home 2-3 months a year, we offer a divestment opportunity by selling your unused interest in your home and becoming a Cohana Home Co-Owner. By joining a cohort of 2-5 matching co-owners in a single-purpose LLC you can rediscover the joy in your property and realize the upside of your investment in the current peaking market.
Our innovative investment model prioritizes both experience and profitability,providing property co-owners with years of enjoyment and an 8-year exit strategy focused on returns. To unlock your dream vacation home, contact Cohana to learn about our profit-oriented co- ownership investment model.

Coming Soon to Hawaii…Cohana Homes, LLC

Invitation to learn more about Cohana Homes…
Through co-ownership in luxury Maui homes, Cohana helps sophisticated, high net-worth individuals, couples and families realize their dream of owning a second home in one of the world’s most desirable vacation destinations.
If you are one of the many who only using your Maui home 2-3 months a year, we offer a divestment opportunity by selling your unused interest in your home and becoming a Cohana Home Co-Owner. By joining a cohort of 2-5 matching co-owners in a single-purpose LLC you can rediscover the joy in your property and realize the upside of your investment in the current peaking market.
Our innovative investment model prioritizes both experience and profitability,providing property co-owners with years of enjoyment and an 8-year exit strategy focused on returns. To unlock your dream vacation home, contact Cohana to learn about our profit-oriented co-
ownership investment model.
www.cohanahomes.com

Market Update October 2021

It’s hard to believe that it’s already been 18 months since the Covid-19 pandemic started and
transformed our lives in so many ways. The proof that most can now work remotely rejuvenated
second-home markets around the country and Maui has been one of the front-runners. The
unprecedented surge in the Maui real estate market can be summarized in the following October
snapshot. The pace of sales has slowed as inventory has dried up:

Maui Market Quick Facts

+ 8.5% Change in Number of Closed Sales
+12.6% Change in Number of Median Sales Price
– 66.6% Change in Number of Homes for Sale

Troy (Otto) and Olivia’s visit to Maui!

Such a pleasure to have Troy and his girlfriend Olivia back home on Maui in November. For Troy,it was straight back into the ocean and we got to enjoy some outrigger canoe paddling. It was straight back into the ocean and we got to enjoy some outrigger canoe paddling.

Who Wants to Play Golf??

One of my primary goals in 2021 was learn how to draw!

“An Apple A Day”

If you are in the market to sell your Maui home, it willbe my pleasure to provide you with a complimentary
market analysis of your property. Please allow me touse my 25-year West Maui experience, powered by
the Keller Williams’ impressive worldwide network, to
your advantage. I look forward to hearing from you. Ihope all is well. Stay healthy!